87 Fairchild Ave, Morris Plains, NJ, 07950
About This Home
Welcome to 87 Fairchild Avenue, a fantastic opportunity to own in one of Morris Plains' most sought-after neighborhoods, Fairchild. This 2-bedroom, 1-bath home is ideal for buyers looking to renovate and create something truly their own. Whether you're an investor, contractor, or homeowner with a vision, this property offers incredible potential to add value through updates and improvements. Set on a quiet residential street with public gas, water, and sewer, the home also features a walk-up attic accessed through the sunroom, providing additional storage or future possibilities. Its prime location is hard to beat less than one mile from the Morris Plains train station and just minutes from vibrant downtown Morristown, where you'll find an abundance of restaurants, shopping, entertainment, and convenient commuter routes. Whether you're searching for your next investment, a renovation project, or the chance to customize a home to fit your lifestyle, this property offers exceptional upside in an outstanding location. Bring your ideas, restore its charm, and make the most of this exciting opportunity.Property is being sold strictly as-is.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1923
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch,Cape Cod
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Carbon Monoxide Detector,Range/Oven-Gas,Gas Water Heater
- Laundry features: Ground Level
Basement
- Has basement: Yes
- Basement: Yes,Partially Finished,Full
Bedroom1
- Area: 130
Bedroom2
- Area: 99
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Formal Dining Room
- Level: First
- Area: 144
Features
- Sunroom,Rec Room,Office,Utility Room
- Flooring: Laminate,Wood
- Number of fireplaces: 1
- Fireplace features: Living Room,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: 1 Unit,Baseboard - Hotwater,Natural Gas
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 1,542
- Total interior livable area: 1,542 sqft
Kitchen
- Features: Country Kitchen
- Level: First
- Area: 108
Living Room
- Level: First
- Area: 182
Master Bathroom
- Features: Tub Shower
Property
Details
- Parcel number: 2322001020000000050000
Features
- Patio & porch: Enclosed Porch(es)
Lot
- Lot size: 7,405 sqft
- Features: Level
- Lot size dimensions: .172 AC
Parking
- Total spaces: 3
- Parking features: 1 Car Width,Asphalt,Detached Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Uncovered spaces: 3
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
- Inland Flooding
- Cold Wave
- Lightning
- Strong Wind
- Winter Weather
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,781 | $33,372 |
| Home Insurance * | $118 | $1,416 |
| Property Taxes | $910 | $10,920 |
| Electricity | $193 | $2,318 |
| Total | $4,002 | $48,024 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Listed for sale | $549,999 |
| 2021-12-09 | Listing removed | -- |
| 2021-11-22 | Listed for rent | $2,750 |
| 2021-11-12 | Sold | $375,000 |
| 2021-09-24 | Listed for sale | $350,000 |
| 2012-12-14 | Sold | $250,000 |
| 2012-09-28 | Listed for sale | $259,999 |
| 2012-08-23 | Listing removed | $259,999 |
| 2012-07-05 | Price change | $259,999 |
| 2012-05-19 | Price change | $274,999 |
| 2012-05-06 | Price change | $279,999 |
| 2012-04-11 | Price change | $289,999 |
| 2012-03-14 | Price change | $299,999 |
| 2012-02-29 | Listed for sale | $315,000 |
| 2002-03-12 | Sold | $275,000 |
| 1997-12-19 | Sold | $166,000 |
| 1995-11-01 | Sold | $141,000 |
For Sale by Agent
View on Zillow