Morristown, NJ
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Morristown, NJ Residential Land & Home Lots for Sale

    Notify Me
    List
    Map
    Cedar Knolls, NJ Morris Plains, NJ Whippany, NJ
    Residential Land Near Morristown Green
    $350,000

    Residential Land Near Morristown Green

    Morristown, NJ 7960

    0.68-acre lot ready for custom home near NYC train.

    • Build your dream home exactly as desired, avoiding compromises of existing homes.
    • Conveniently located 1.5 miles from Morristown Green and a 6‑minute drive to the Midtown Direct train to NYC.
    • Utilities are readily available at the street, simplifying the building process.
    • The 0.68‑acre lot offers the potential for a peaceful and private setting with thoughtful design.
    • Curb cut already in place for the driveway.
    Updated: Jun 1, 2025
    View details
    Residential Building Lot Near Downtown
    $345,000

    Residential Building Lot Near Downtown

    Morristown, NJ 7960

    Large lot near downtown Morristown, build your dream home.

    • Large .57 acre building lot.
    • Close proximity (less than 1.5 miles) to vibrant and bustling downtown Morristown area.
    • Opportunity to design and build a custom dream home.
    • Deep lot dimensions.
    • Building lot for sale.
    Updated: May 31, 2025
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Chatham Twp. Building Opportunity
    $999,999
    3,120 SF

    Chatham Twp. Building Opportunity

    Approved plans for a 5-bedroom home on 0.7 acres.

    755 River Rd, Chatham Twp, NJ 07928
    View details
    Chatham Township Land Opportunity
    $2,300,000
    5.44 Acres

    Chatham Township Land Opportunity

    7 acre parcel ideal for small farm or subdivision.

    685 Shunpike Rd, Chatham Twp, NJ 07935
    View details
    Bernardsville Boro Land Opportunity
    $1,100,000
    6.06 Acres

    Bernardsville Boro Land Opportunity

    6.06 acre residential land in scenic Bernardsville mountain location.

    3 Preserve Ln, Bernardsville, NJ 07924
    View details
    Scenic Bernardsville Mountain Lot
    $1,100,000
    10.03 Acres

    Scenic Bernardsville Mountain Lot

    Residential land for sale in Bernardsville Boro, New Jersey.

    3 Rose Hill, Bernardsville, NJ 07924
    View details

    Morristown, NJ Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 2 residential land & home lots 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 $695,000.

    Sale prices for home sites in Morristown, NJ start at $345,000, averaging $347,500, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Residential land & home lots 2

    Demographics Overview

    Population 47K
    Population Growth (5Y) +2.8%
    Median Household Income $149,462
    College Educated 65.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Morristown submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    07960 $347.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $13.37 per sq ft
    Tax Rate vs County Average 0.35 pp below county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings