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537 Mount Kemble Ave, Morristown, NJ, 07960

6beds
8baths
8,772sqft
$2,100,000
$239price/sqft
$14,265/moest. monthly cost
$570,600/yrincome needed

About This Home

Be prepared to fall in love with this beautiful 8772 sq ft Colonial built in 2005. Has the perfect open floor plan with huge gourmet kitchen with center island and family room with fireplace in back of the home providing views of the massive 5.25 acre lot. There is a 1st level office with great natural light and views, and a stunning great room. The living room is massive and bright, and there is a gorgeous sunroom with great views and doors out to the large patio. There is a convenient 1st level bedroom with a walk-in closet and full bath. On the 2nd level, there is a luxurious primary bedroom suite with 2 walk-in custom closets, & a spa-like bath, plus 4 more bedrooms, each with their own full bath. There is an amazing bonus room on the 3rd level. Beautifully finished lower level with huge recreation room, home theatre, exercise room, full bath, with easy access to attached 3 car garage. This stunning home on an incredible 5.25 acre lot is not to be missed!

Getting Around

5
WalkingCar-Dependent
0
TransitNo Nearby Transit
3
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2005

Materials

  • Roof: Composition Shingle
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

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

Basement

  • Features: Bath(s) Other, Exercise Room, Media Room, Office, Rec Room

Basement

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

Bedroom1

  • Level: Second
  • Area: 378

Bedroom2

  • Level: Second
  • Area: 308

Bedroom3

  • Level: Second
  • Area: 330

Bedroom4

  • Level: Second
  • Area: 324

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 7
  • 1/2 bathrooms: 1

Dining Room

  • Features: Formal Dining Room
  • Level: First
  • Area: 253

Family Room

  • Level: First
  • Area: 660

Features

  • Bedroom,Media Room,Rec Room,Exercise Room,In-Law Floorplan
  • Window features: Thermal Windows/Doors
  • Flooring: Carpet,Marble,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Great Room
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 8,772
  • Total interior livable area: 8,772 sqft

Kitchen

  • Features: Kitchen Island,Eat-in Kitchen
  • Level: First
  • Area: 360

Living Room

  • Level: First
  • Area: 638

Master Bathroom

  • Features: Soaking Tub,Stall Shower

Property

Details

  • Parcel number: 2313000270000000070000
  • Zoning description: Res
  • Exclusions: None.

Features

  • Patio & porch: Patio

Lot

  • Lot size: 5.25 Acres
  • Features: Backs to Park Land,Wooded
  • Lot size dimensions: 5.2 AC

Parking

  • Total spaces: 3
  • Parking features: Asphalt,Attached Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered 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
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Strong Wind
Winter Weather

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 $10,618$127,416
Home Insurance *$573$6,876
Property Taxes $2,108$25,296
Electricity $966$11,603
Total$14,265$171,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$489,085/yr
40% on housing$427,950/yr
45% on housing$380,400/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

$239This listing

vs Other Active Listings

Avg $/sqft

ZIP 07960$602
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
2026-07-31Listed for sale$2,100,000
2002-09-23Sold$430,000

For Sale by Agent

AgentArlene Gorman Gonnella
BrokerageWeichert Realtors

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