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12 Jones Dr, Morristown, NJ, 07960

5beds
5baths
3,500sqft
$1,799,999
$514price/sqft
$13,004/moest. monthly cost
$520,160/yrincome needed

About This Home

Stunning brand new custom colonial in sought-after Morris Township, completed in 2026 and never lived in. This 5 bedroom, 5 full bath home offers approximately 3,500 square feet of bright, thoughtfully designed living space on nearly half an acre backing to the woods. The gourmet kitchen features white shaker cabinetry, quartz countertops with a full-height quartz backsplash, a farmhouse sink, brass fixtures, a built-in desk nook, and a full Samsung stainless appliance package, all flowing into an open living area anchored by a huge composite deck overlooking the trees. A custom mudroom with built-in cubbies sits right off the kitchen. Upstairs, the primary suite impresses with a walk-in closet with custom organizers and a spa bath featuring a freestanding soaking tub, an oversized rain shower with brass fixtures, and dual LED-lit vanities. Every bathroom in the home is a fully tiled full bath, a rare find. The finished lower level adds enormous flexible space for a rec room, gym, or media room. Natural oak hardwood floors, recessed lighting, and New Home Warranty complete the package. All this just steps from the park, ball fields, and pond, and minutes to downtown Morristown and NYC train service. Why wait to build when it's already done?

Getting Around

7
WalkingCar-Dependent
18
TransitMinimal Transit
18
BikeSomewhat Bikeable

Schools

5/10
3/10
Morristown High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Kitchen Exhaust Fan,Microwave,Range/Oven-Gas,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • High Ceilings,Walk-In Closet(s)
  • Window features: Skylight(s)
  • Flooring: Vinyl-Linoleum,Wood

Heating & Cooling

  • Heating features: 2 Units,Forced Air,Zoned,Natural Gas
  • Cooling features: 2 Units,Central Air,Zoned

Interior Area

  • Total structure area: 3,500
  • Total interior livable area: 3,500 sqft

Kitchen

  • Features: Breakfast Bar,Pantry
  • Level: Ground

Living Room

  • Level: Ground

Master Bathroom

  • Features: Soaking Tub,Stall Shower

Property

Details

  • Parcel number: 2322031030000000400001

Features

  • Patio & porch: Deck,Open Porch(es)

Lot

  • Lot size: 0.48 Acres
  • Features: Cul-De-Sac
  • Lot size dimensions: 0.48 Acres

Parking

  • Total spaces: 4
  • Parking features: Asphalt,Built-In Garage,Underground
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,101$109,212
Home Insurance *$491$5,892
Property Taxes $3,027$36,324
Electricity $385$4,629
Total$13,004$156,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$445,851/yr
40% on housing$390,120/yr
45% on housing$346,773/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$514This listing

vs Other Active Listings

Avg $/sqft

ZIP 07960$596
Morris County$394

vs Homes Sold Last Month

Median $/sqft

ZIP 07960$457
Morris County$367

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Listed for sale$1,699,000
2026-08-06Listing removed$1,799,999
2026-07-14Listed for sale$1,799,999
2022-01-25Sold$200,000

For Sale by Agent

AgentAhmed Saqer
BrokerageNationwide Homes Realty Llc

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