21 Franklin Pl, Morristown, NJ, 07960
About This Home
A rare opportunity to own one of Morristown?s most iconic and well-maintained Victorian residences, ideally located just moments from downtown restaurants, shopping, NJ Transit direct trains to NYC, parks, schools, and major highways. Set on a beautifully landscaped half-acre lot, this remarkable 1862 Victorian blends timeless character with thoughtful updates designed to preserve the architectural integrity of the home. Historic details include soaring 12-foot ceilings, hardwood floors, intricate millwork, crown moldings, five fireplaces, and expansive living spaces throughout. The gourmet kitchen features custom cabinetry, granite countertops, premium appliances, a walk-in pantry, and breakfast area open to the gathering room. The main level also offers multiple entertaining spaces, a private office with built-ins and fireplace, powder room, and laundry room. The finished lower level includes recreation space, exercise area, cedar closet, half bath, and storage. The second floor features a luxurious primary suite with two additional bedrooms connected by a Jack-and-Jill bath. The third floor offers four additional bedrooms, a full bath, utility room, and abundant storage. A renovated suite above the detached garage provides exceptional flexibility for guest quarters, extended stays, private office, creative studio, or potential professional use. Outdoors, enjoy a private fenced yard, patio, and mature landscaping in the heart of Morristown.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Asphalt Shingle
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 2006
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian,Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Carbon Monoxide Detector,Dishwasher,Dryer,Microwave,Range/Oven-Gas,Refrigerator,Washer,Gas Water Heater
Basement
- Features: Exercise Room, Powder Room, Rec Room, Storage Room, Utility Room
Basement
- Has basement: Yes
- Basement: Yes,Finished,Full
Bedroom1
- Level: Second
- Area: 210
Bedroom2
- Level: Second
- Area: 195
Bedroom3
- Level: Second
- Area: 192
Bedroom4
- Level: Third
- Area: 196
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Dining Room
- Features: Formal Dining Room
- Level: First
- Area: 240
Family Room
- Level: First
- Area: 224
Features
- High Ceilings,Bedroom,Bathroom
- Window features: Thermal Windows/Doors
- Flooring: Wood
- Number of fireplaces: 5
- Fireplace features: Family Room,Gas,Non-Functional
- Fireplace: Yes
Heating & Cooling
- Heating features: 2 Units,Natural Gas
- Cooling features: 2 Units,Central Air
Kitchen
- Features: Kitchen Island,Eat-in Kitchen
- Level: First
- Area: 322
Living Room
- Level: First
- Area: 180
Property
Details
- Parcel number: 2324044020000000100000
Features
- Patio & porch: Open Porch(es),Patio
Lot
- Lot size: 0.51 Acres
- Features: Level
- Lot size dimensions: 90 x 247
Parking
- Total spaces: 8
- Parking features: Circular Driveway,Driveway-Exclusive,Gravel,See Remarks,Detached Garage,Finished Garage,Garage Door Opener,Oversized,Tandem
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Has uncovered spaces: Yes
- Uncovered spaces: 8
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 | $9,096 | $109,152 |
| Home Insurance * | $491 | $5,892 |
| Property Taxes | $2,302 | $27,624 |
| Electricity | $193 | $2,318 |
| Total | $12,082 | $144,984 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Listed for sale | $1,799,000 |
| 2026-05-04 | Listing removed | $1,999,000 |
| 2026-04-07 | Price change | $1,999,000 |
| 2026-02-21 | Listed for sale | $2,100,000 |
| 2026-01-20 | Listing removed | $2,500,000 |
| 2025-11-23 | Price change | $2,399,999 |
| 2025-09-16 | Listed for sale | $2,500,000 |
| 2014-11-20 | Listing removed | $1,395,000 |
| 2014-09-24 | Listed for sale | $1,395,000 |
| 2004-11-03 | Sold | $650,000 |
| 2004-07-14 | Sold | $525,000 |
For Sale by Agent
View on Zillow