47 Ridgedale Ave, Morristown, NJ, 07960
About This Home
Renovated third-floor condo in sought-after Morristown featuring a private entrance and a prime location just moments from the train station, downtown, major highways, and public transportation. This bright, inviting unit offers skylights throughout, an updated eat-in kitchen with stainless steel appliances, quartz countertops, and a walk-in pantry, along with generous closet space. Additional amenities include in-unit laundry, basement storage, and one off-street parking space with ample street parking available. Tenant in place through October 2026, presenting an excellent opportunity for investors seeking immediate income or buyers looking to build equity. No elevator in building.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1917
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2020
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Carbon Monoxide Detector,Dishwasher,Range/Oven-Gas,Refrigerator,Self Cleaning Oven,Washer/Dryer Stacked,Gas Water Heater
- Laundry features: Level 3
Basement
- Has basement: Yes
- Basement: Yes,Partial
Bedroom1
- Level: Third
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Family Room
- Level: Third
Features
- Window features: Skylight(s)
- Flooring: Carpet,Tile,Vinyl-Linoleum
Heating & Cooling
- Heating features: 1 Unit,Baseboard - Hotwater,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 750
- Total interior livable area: 750 sqft
Kitchen
- Features: Eat-in Kitchen,Pantry
- Level: Third
Master Bathroom
- Features: Stall Shower
Property
Details
- Parcel number: 2324018010000000060003
- Exclusions: personal items
Features
- Levels: One,One Floor Unit
- Stories: 1
- Patio & porch: Deck
Lot
- Lot size: 6,098 sqft
- Lot size dimensions: 50 x 125
Parking
- Total spaces: 1
- Parking features: Assigned,On Street,Parking Lot-Shared
- Has uncovered spaces: Yes
- Uncovered spaces: 1
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
- Cold Wave
- Strong Wind
- Winter Weather
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 | $1,511 | $18,132 |
| Home Insurance * | $81 | $972 |
| Property Taxes | $375 | $4,500 |
| Electricity | $193 | $2,318 |
| Total | $2,160 | $25,920 |
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 |
|---|---|---|
| 2026-05-11 | Price change | $314,999 |
| 2026-04-23 | Listed for sale | $329,000 |
| 2024-07-29 | Listing removed | -- |
| 2024-07-20 | Listed for rent | $2,650 |
| 2021-07-21 | Listing removed | -- |
| 2021-07-15 | Listed for rent | $2,250 |
| 2021-05-12 | Listing removed | -- |
| 2021-05-06 | Listed for rent | $2,250 |
| 2017-12-13 | Listing removed | $1,600 |
| 2017-11-14 | Price change | $1,600 |
| 2017-10-31 | Price change | $1,775 |
| 2017-10-30 | Listing removed | $264,900 |
| 2017-10-06 | Listed for sale | $264,900 |
| 2017-09-28 | Price change | $1,875 |
| 2017-09-26 | Listed for rent | $1,850 |
| 2017-01-24 | Sold | $145,000 |
| 2011-09-06 | Sold | $150,000 |
| 2011-04-27 | Listing removed | $182,900 |
| 2011-04-20 | Price change | $182,900 |
| 2011-03-27 | Price change | $200,900 |
| 2011-02-26 | Price change | $210,900 |
| 2011-01-31 | Price change | $221,900 |
| 2010-11-24 | Listed for sale | $232,900 |
| 2005-09-20 | Sold | $242,000 |
| 2005-08-18 | Sold | $153,000 |
For Sale by Agent
View on Zillow