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43 Crescent Dr, Morristown, NJ, 07960

6beds
7baths
5,700sqft
$1,995,000
$350price/sqft
$14,561/moest. monthly cost
$582,440/yrincome needed

About This Home

Location, location, location. Exceptional opportunity in the highly desirable Convent Station section of Morris Twp, just minutes to the train, shopping, dining, & major highways. This thoughtfully designed home offers 5700 sq ft of luxury, space, and modern amenities throughout. The open-concept first floor features 10' ceilings, a welcoming foyer, formal living and dining rooms, spacious family room, and a chef's kitchen with oversized center island, Thermador appliances, double wall ovens, cooktop, and wet bar.1st floor also has a mudroom, powder room, en-suite bedroom, second laundry area with washer & dryer, and access to the rear patio and fully fenced yard. Upstairs, the luxurious primary suite offers two walk-in closets and a spa-inspired bath with soaking tub, oversized shower, and dual vanities. Three additional bedrooms include one en-suite and two connected by a Jack-and-Jill bath, plus a fully equipped laundry room with a second washer & dryer. The walk-up third floor offers a sixth bedroom, full bath, and bonus room ideal for an office, sitting room, or playroom. The finished basement includes a full bath, recreation spaces, and abundant storage. Completing this exceptional home is an attached two-car garage .A rare opportunity to own a beautifully crafted home in one of Morris Twp's most desirable neighborhoods, combing sophisticated design, generous living space and an unbeatable location.

Getting Around

22
WalkingCar-Dependent
34
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

--
Woodland SchoolGrades K-20.7 mi
5/10
3/10
Morristown High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Clapboard

Notable Dates

  • Major remodel year: 2026

Type & Style

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

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Gas Cooktop,Dishwasher,Dryer,Kitchen Exhaust Fan,Microwave,Refrigerator,Wall Oven(s) - Electric,Washer,Gas Water Heater
  • Laundry features: Laundry Room,Level 2

Basement

  • Features: BathOthr,Exercise,Leisure

Basement

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

Bedroom1

  • Level: Second
  • Area: 374

Bedroom2

  • Level: Second
  • Area: 285

Bedroom3

  • Level: Second
  • Area: 234

Bedroom4

  • Level: Second
  • Area: 208

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Dining Room

  • Features: Formal Dining Room
  • Level: First
  • Area: 195

Family Room

  • Level: First
  • Area: 323

Features

  • Bedroom,Leisure Room,In-Law Floorplan
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 5,700
  • Total interior livable area: 5,700 sqft

Kitchen

  • Features: Kitchen Island
  • Level: First
  • Area: 306

Living Room

  • Level: First
  • Area: 156

Master Bathroom

  • Features: Soaking Tub,Stall Shower

Property

Details

  • Parcel number: 2322084090000000060000

Features

  • Patio & porch: Patio

Lot

  • Lot size: 0.35 Acres
  • Lot size dimensions: 0.35 AC

Parking

  • Total spaces: 2
  • Parking features: 2 Car Width,Attached Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $10,087$121,044
Home Insurance *$544$6,528
Property Taxes $3,302$39,624
Electricity $628$7,540
Total$14,561$174,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$499,234/yr
40% on housing$436,830/yr
45% on housing$388,293/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

$350This listing

vs Other Active Listings

Avg $/sqft

ZIP 07960$599
Morris County$395

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
2026-07-31Listed for sale$1,995,000
2025-06-18Sold$800,000
2025-04-11Pending sale$624,900
2025-03-28Listed for sale$624,900
2003-07-23Sold$610,000

New Construction

AgentLinda Parisi
BrokerageRe/Max Achievers

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