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Off market
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  • $500,000

    68 Ridgedale Ave, Morristown, NJ 07960

    --beds
    0baths
    0.86Acres
    VacantLand
    Built in 1906
    0.86 Acres Lot
    $-- Zestimate®
    $--/sqft
    $3,269 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,269/mo

    Zestimate® history
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    $3,278/mo

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    What's special

    Exclusively listed by Michelle Pais Group - Signature Realty NJ. Please call 908.868.2178 for showing instructions. FOR MORE INFORMATION ON THIS LAND, PLEASE VISIT: http://bit.ly/68RidgedaleAve Calling all savvy builders and developers! Lucrative opportunity to build in the HOT HOT HOT MORRISTOWN! A shovel-ready turn key development opportunity for 29 condos with 52 parking spots $2 mm profit! In the heart of one of NJ's most established & sought after neighborhoods. With building permits approved & ready! As-is appraisal came in at $4,225,000 by Otteau appraisers and gross sell out of units at $13.4 mm. Appraisal available upon request. It's not everyday you come across a true turn-key opportunity like this with over $2 mm in potential profit. All documents available. Building permits are ready in the city of Morristown, environmental all clean. Turn Key ready to go! Won't Last Long! All units with descriptions are all available including plans, site plan, etc. ALL DOCUMENTS ARE AVAILABLE! TURN KEY

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has fireplace: No

    Property

    Lot
    • Size: 0.86 Acres
    Details
    • Parcel number: 2400702000000011

    Community & neighborhood

    Location
    • Region: Morristown

    Price history

    DateEventPrice
    8/1/2019Sold$3,700,000+1.4%
    Source: Agent Provided Report a problem
    4/12/2019Pending sale$3,649,000
    Source: SIGNATURE REALTY NJ #3495592 Report a problem
    10/22/2018Price change$3,649,000-2.7%
    Source: SIGNATURE REALTY NJ #3495592 Report a problem
    10/16/2018Listed for sale$3,749,000+70.4%
    Source: SIGNATURE REALTY NJ #3495592 Report a problem
    10/14/2016Sold$2,200,000
    Source: GSMLS #3278016 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,875 $500,000
    2024$7,875 +84.3%$500,000 +240.1%
    2023$4,272 +0.6%$147,000

    Find assessor info on the county website

    Neighborhood: 07960

    Nearby schools

    GreatSchools rating