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46 Lidgerwood Pkwy, Morristown, NJ, 07960

5beds
3baths
2,815sqft
$699,000
$248price/sqft
$4,928/moest. monthly cost
$197,120/yrincome needed

About This Home

Offered for the first time, this home presents a rare opportunity to create something truly exceptional in one of Morristown's most desirable neighborhoods. Situated on a prominent corner lot directly across from Lidgerwood Park and just four blocks from vibrant South Street, the location offers convenient access to parks, recreation, dining, shopping, and Morristown's renowned downtown amenities. Inside, generous living spaces include 5 bedrooms, 2.5 baths, a bright recreation room, and a thoughtfully designed addition offering exceptional flexibility. The addition offers the possibility for and for a spacious primary suite, home office, studio, or expanded living area. A one-car garage, whole-house generator, and abundant natural light enhance everyday comfort and convenience. Bring your vision and unlock the full potential of this well-loved home. With an unbeatable location convenient to NJ Transit, routes I-80, I-287,and 24 this is a commuter's dream with endless opportunities to personalize, this is a rare chance to create a home that reflects your own style.

Getting Around

63
WalkingSomewhat Walkable
17
TransitMinimal Transit
42
BikeSomewhat Bikeable

Schools

5/10
3/10
Morristown High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1953

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Notable Dates

  • Major remodel year: 1999

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom Home,See Remarks
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Dryer,Generator-Built-In,Kitchen Exhaust Fan,Microwave,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Features: Laundry Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Crawl Space,Partially Finished

Bedroom1

  • Level: Second
  • Area: 143

Bedroom2

  • Level: Second
  • Area: 130

Bedroom3

  • Level: Second
  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Dining L
  • Level: First
  • Area: 132

Family Room

  • Level: First
  • Area: 576

Features

  • Office,Foyer,In-Law Floorplan
  • Door features: Storm Door(s)
  • Window features: Storm Window(s),Blinds
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Dining Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Hotwater,Forced Air,Natural Gas
  • Cooling features: 2 Units,Central Air

Interior Area

  • Total structure area: 2,815
  • Total interior livable area: 2,815 sqft

Kitchen

  • Features: Not Eat-In Kitchen
  • Level: First
  • Area: 120

Living Room

  • Level: First
  • Area: 273

Property

Details

  • Parcel number: 2324071040000000140000
  • Other equipment: Generator-Built-In

Features

  • Levels: Multi/Split,Split Level
  • Exterior features: Curbs,Sidewalk
  • Fencing: Metal Fence

Lot

  • Lot size: 9,583 sqft
  • Features: Corner Lot,Level
  • Lot size dimensions: 95 x 100

Parking

  • Total spaces: 4
  • Parking features: 1 Car Width,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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 $3,534$42,408
Home Insurance *$190$2,280
Property Taxes $894$10,728
Electricity $310$3,723
Total$4,928$59,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$168,960/yr
40% on housing$147,840/yr
45% on housing$131,413/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

$248This listing

vs Other Active Listings

Avg $/sqft

ZIP 07960$601
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)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$699,000
2026-07-16Listed for sale$699,000

For Sale by Agent

AgentEmmanuelle Fleurinor
BrokerageKeller Williams Metropolitan

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