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12 Canfield Rd, Morristown, NJ, 07960

8beds
12baths
--sqft
$9,950,000
--price/sqft
$69,692/moest. monthly cost
$2,787,680/yrincome needed

About This Home

Glynallyn Castle, an architectural masterpiece, was built in 1917.This beautifully restored home provides an expansive floor plan measuring over 30,000 sq ft with eight bedrooms and two apartments on the second and third levels. Set on 7.5 landscaped acres with multi-level stone terraces, curving stone walls and colorful gardens, this residence has unique and elaborate carvings inside and out, ornately mantled fireplaces, wood beamed ceilings, original stained glass windows and stonework. Many French doors offer access to extensive patios. Perfect for grand entertaining, a two-story living room set under soaring beamed ceilings features an impressive limestone gas fireplace. A pewter-covered bar and beautiful billiards room sits off the main foyer along with family room that adjoins an enclosed porch overlooking manicured grounds. The dining room contains impressive millwork, an intricately carved fireplace and a silver safe for valuables. It opens to chef's kitchen with separate dining area, butler's pantry and prep kitchen. Main level includes full gym and home office with private entrance. The lower level boasts a wine cellar and a stone-walled speakeasy-style gathering room. The outside space w/ kitchen, pizza oven, serene pool area featuring sun decks and hot tub and stone dining room with an abundance of privacy, the property is minutes from downtown Morristown and Madison for Midtown Direct train. The property is zoned mixed-use for a variety of future opportunities.

Getting Around

22
WalkingCar-Dependent
35
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

--
Woodland SchoolGrades K-21.0 mi
5/10
3/10
Morristown High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1917

Materials

  • Roof: Slate
  • Construction materials: Brick,Stone,Wood Siding

Notable Dates

  • Major remodel year: 2017

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Kitchen Exhaust Fan,Microwave,Range/Oven-Gas,Refrigerator,Self Cleaning Oven

Basement

  • Features: BathMain,Parlor,Storage,Utility

Basement

  • Has basement: Yes
  • Basement: Yes,Partially Finished,Full,Walk-Out Access

Bedroom1

  • Level: Second
  • Area: 460

Bedroom2

  • Level: Second
  • Area: 368

Bedroom3

  • Level: Second
  • Area: 527

Bedroom4

  • Level: Second
  • Area: 361

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 12
  • Full bathrooms: 8
  • 1/2 bathrooms: 4

Dining Room

  • Features: Formal Dining Room
  • Level: First
  • Area: 650

Family Room

  • Level: First
  • Area: 1452

Features

  • Office,Library,Bedroom,In-Law Floorplan
  • Window features: Skylight(s)
  • Flooring: Tile,Wood
  • Number of fireplaces: 19
  • Fireplace features: Bedroom 1,Family Room,Living Room,Master Bedroom
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Zoned,Radiators - Steam,Natural Gas
  • Cooling features: Central Air,Zoned

Kitchen

  • Features: Kitchen Island,Eat-in Kitchen,Pantry,Second Kitchen,Separate Dining Area
  • Level: First
  • Area: 400

Living Room

  • Level: First
  • Area: 1148

Master Bathroom

  • Features: Soaking Tub,Stall Shower

Property

Details

  • Parcel number: 2322085010000000400000
  • Zoning description: RA15

Features

  • Private pool: Yes
  • Pool features: Gunite,Heated,In Ground
  • Patio & porch: Patio

Lot

  • Lot size: 7.30 Acres
  • Features: Level,Open Lot,Wooded
  • Lot size dimensions: 7.3 ACRES SC

Parking

  • Total spaces: 5
  • Parking features: 1 Car Width,Additional Parking,Hard Surface,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

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 $50,312$603,744
Home Insurance *$2,715$32,580
Property Taxes $16,472$197,664
Electricity $193$2,318
Total$69,692$836,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,389,440/yr
40% on housing$2,090,760/yr
45% on housing$1,858,453/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07960$495
Morris County$388

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)

No zestimate history available

Price History

DateEventPrice
2025-06-18Listed for sale$9,950,000
2025-06-01Listing removed$9,950,000
2024-09-06Price change$9,950,000
2024-05-09Listed for sale$11,500,000
2015-07-08Sold$4,000,000
2014-07-08Sold$4,000,000
2013-10-02Listing removed$5,500,000
2013-04-03Listed for sale$5,500,000
2012-10-30Listing removed$5,700,000
2012-04-29Listed for sale$5,700,000
1997-01-29Sold$1,150,000

For Sale by Agent

AgentJill Turpin
BrokerageTurpin Real Estate, Inc.

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