View Larger Image
Morristown, NJ

Description

Two open 5-ac lots create this rare 10-acre parcel with delightful views across red gate rd. Farm assessed! held by the same family for decades, this extraordinary land has been successfully subdivided into 2 5-acre lots that could be purchased separately or as one piece. If merged, the existing farm assessment could continue if maintained in an active status by the new owner. The views are reminiscent of the english countryside, and the location within harding township is blue chip prime. Ownership requires: (a)signed agreement to maintain existing, shared flagstaff driveway with up to four potential neighbors. (b) for each lot, 1/3 of cost to install fire cistern. (c) if and when a 5th lot off this drive is developed, short portion of existing paved drive must be widened by small amount by owner of lot 10.

Click here to learn more about this listing.

Exterior Details

  • Lot Size
    Approximately 10.35 Acres

School

  • Elementary
    Harding
  • Jr High
    Harding
  • High School
    Madison

Contact Info

Agent: Molly Tonero

Turpin Real Estate, Inc.

P (877) 788-7746

Easy Link To This Page

$5,100,000

Morristown, NJ

Raw Land

ID#: 2720621-GSMLSNJ

Real Estate Market Info

Median Home Sale Price
$515,500
Annual Turnover Rate
12.04%
In current residence 5+ years
33.62%
Median years in residence
3.45
Homes Owned
61.88%
Homes Rented
30.95%
Homes Vacant
7.17%

*Based on zipcode 07960

Market Info is provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics.
Information is deemed reliable but not guaranteed.