Morristown, NJ
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    Morristown, NJ Other Land for Sale

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    Flag Lot with Development Potential
    $615,000
    1.52 Acres

    Flag Lot with Development Potential

    Morristown, NJ 7960

    1.52 acre flag lot near downtown, ideal for development.

    • 1.52‑acre flag lot, ideal for high‑end development, with approximately 3/4 acres of wetlands.
    • Zoned for a two‑family residence, offering development flexibility.
    • Features a large 30x30 two‑car garage with a studio apartment above.
    • New survey and topography map completed for building plan submission.
    • Convenient access to mass transportation and minutes from downtown.
    Updated: Jul 11, 2025
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Land in Randolph Neighborhood
    $310,000
    2.12 Acres

    Land in Randolph Neighborhood

    2.12 acre lot in desirable Randolph neighborhood.

    234 Dover Chester Rd, Randolph, NJ 07869
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    Land in Desirable Randolph Neighborhood
    $310,000
    2.12 Acres

    Land in Desirable Randolph Neighborhood

    Land available in a desirable Randolph neighborhood.

    234 Dover Chester Rd, Randolph, NJ 7869
    View details
    Pristine Land Parcel in Mendham
    $799,000
    5.16 Acres

    Pristine Land Parcel in Mendham

    Building-ready land parcel in Mendham with pre-construction processes bypassed.

    7 Exmoor Drive, Mendham, NJ 7945
    View details
    Pristine Land Ready to Build
    $1,225,000
    10.27 Acres

    Pristine Land Ready to Build

    Exclusive land parcel ready for building in Mendham Township.

    3 Exmoor Dr, Mendham, NJ 7945
    View details

    Off-Market Properties in Morristown, NJ

    Consider similar Off-Market properties in Morristown, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    25 Market St

    25 Market St

    Land • 0.30 Acres
    Value Estimation by Request
    25 Market St, Morristown, NJ 07960
    View details
    Columbia Tpke

    Columbia Tpke

    Land
    Value Estimation by Request
    0 Columbia Tpke, Morristown, NJ 07960
    View details

    Morristown, NJ Other Land Investment Opportunities Market Analysis

    Explore 3 other land for sale in Morristown, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $615,000.

    Sale prices for other land in Morristown, NJ start at $615,000, averaging $615,000, and reaching up to $615,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Morristown property taxes are below the county average by 0.35 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $13.37 per sq ft
    Tax Rate 2.17%
    Tax Rate vs County Average 0.35 pp below county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Morristown.

    Leading Commercial Asset Segments

    Residential land & home lots 2

    Morristown Demographics Overview

    Population 46K
    Population Growth (5Y) +2.8%
    Median Household Income $149,462
    College Educated 97.4%

    Top Neighborhoods for Investment

    Discover the areas of Morristown with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    07960 $345K - 615K $1.3M

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