24 Jersey Way Morristown, VT ^$ 3,999,000

24 Jersey Way

^$ 3,999,000

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24 Jersey Way

Morristown, VT, 05661

^$ 3,999,000

Studio Baths0.0 Sq 13,440

Monthly Estimate*

^$ 24,949

Listed by Robert Provost, Provost Real Estate LLC, 802-793-3536, bpro1251@aol.com

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Studio

Multi-Family Home for sale in Morristown, VT

for $3,999,000. This 13,440 square foot home was built in 2024 on a lot size of 0.6.

Listing Agent is a partner in Jersey Heights Residences LLC. Property is fully occupied Adjacent parcel is available and is fully permitted through Local Authority and Act 250, and improved with municipal water and sewer, underground power, sidewalks, paved driveway and parking for an additional 8 units. Separately listed at $489,000.00.

Multi-Family Active

Price

^$ 3,999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment Building,Multi-Family

Lot Size

0.6

Year Built

2024

Town/City

Morristown

County/Region

Lamoille

MLS | Web ID

5035920

Features

Interior

Basement Description Concrete Crawl Space Frost Wall No Tenant Access Exterior Access

Basement No

Flooring Carpet Vinyl Plank

Total Number of Units 15

Total Full Baths 16

General

Road Frontage Yes

Sewer Public

Heating Electric Mini Split

Cooling Mini Split

Utilities Cable Telephone at Site Underground Utilities

Possession At Closing

Roof Asphalt Shingle

Garage No

current use No

Flood Zone No

Zoning Residential/commercial

Restrictions No Smoking

Year Built 2024

Electric 200+ Amp Service Circuit Breaker(s)

Subdivision Jersey Heights Residences

Style Apartment Building Multi-Family

Stories Count 2

Construction Status Existing

Net Income 260084

Auction No

Tax Year 2024

Gross Income 348000

Status Detail 0

Covenants Yes

Construction Materials Wood Frame Board and Batten Exterior Vinyl Siding

Directions I-89 to Exit 10 (Waterbury) head North thru Stowe to Morrisville. Turn right at Catholic Church onto Historic Route 100. Property is on right just past Maplefields Market.

City Morristown

School District Morristown School District

Seasonal No

DOM 245

Price Per Sq Ft Total AG 297.54

Exterior

Lot Features City Lot Corner Curbing Landscaped Level Rental Complex Sidewalks Near Golf Course Near Shopping Near Skiing Near Public Transportatn Near Hospital

Exterior Amenities Balcony Deck Partial FenceÂ Window Screens Double Pane Window(s) Low E Window(s)

Driveway Paved

Lot Size Area 0.6

Water Source Public

Parking Features On-Site Parking Spaces 21+ Paved

Foundation Concrete

* Excluded Features

List By

Robert Provost

Listing Agent

Provost Real Estate Llc

Broker

(802) 793-3536

Phone

bpro1251@aol.com

Affordability Calculator

$24,949

Per Month

Monthly Principal & Interest: $24,949
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Morristown, VT

Average List Price ^$1,570,600

Percent of Sale Price 61%

About Morristown, VT

5,503 Population

7% Since 2002

^$45,152 Median Income

44.1 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5099383 Elementary School

5099384 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/27/2025	$3,999,000	-4.76%	Price Down
4/11/2025	$4,199,000		Listed Price

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24 Jersey Way, Morristown, VT, 05661 is a Multi-Family Home for sale at $3,999,000 with 13,440 sqft and a lot size of 0.6. 24 Jersey Way is a studio with 0.0 baths and was built in 2024. The property's zip code is 05661 which is in Morristown, VT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

“Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/19/2025”

Trends Information provided by ATTOM Data Solutions.

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24 Jersey Way

Multi-Family Home for sale in Morristown, VT

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