86 Chestnut St Morristown, NJ ^$ 375,000

86 Chestnut St

^$ 375,000

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86 Chestnut St

Morristown, NJ, 07960

^$ 375,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 2,590

86 Chestnut St, Morristown, NJ 07960 - Image 1

86 Chestnut St, Morristown, NJ 07960 - Image 2

86 Chestnut St, Morristown, NJ 07960 - Image 3

86 Chestnut St, Morristown, NJ 07960 - Image 4

86 Chestnut St, Morristown, NJ 07960 - Image 5

86 Chestnut St, Morristown, NJ 07960 - Image 6

86 Chestnut St, Morristown, NJ 07960 - Image 7

86 Chestnut St, Morristown, NJ 07960 - Image 8

86 Chestnut St, Morristown, NJ 07960 - Image 9

Lots and Land for sale in Morristown, NJ

for $375,000. The lot size is 0.77.

Rare opportunity to build in the heart of Morristown! Buildable lot just blocks from vibrant downtown, restaurants, shops, NJ Transit and the Mayo Performing Arts Center. Located in an established residential neighborhood with convenient access to everything Morristown has to offer. Potential may exist for development of more than one residential unit, subject to all required municipal approvals; buyer to perform due diligence regarding permitted uses and development potential. Survey and topographical map available. An exceptional opportunity for a builder, developer or buyer looking to create a custom home in a prime Morristown location.

Lots and Land Active

Price

^$ 375,000

Property Type

Lots and Land

Taxes

^$ 7,865

Style

Lot Size

0.77

Town/City

Morristown

County/Region

Morris

MLS | Web ID

3987965

Features

General

Possession pot

Development Status Raw Land

Township Morristown Town

Tax Year 2024

County Morris

Subdivision Name Fort Nonsense

Status Active

Directions Court St. to Chestnut St.

Tax Annual Amount 7865

Standard Status Active

Tax Assessed Value 499400

Town # 2325

Tax Lot 11

Farm Assessment No

Exterior

Lot Features Backs to Park Land

Lot Dimensions 100X336

Lot Size Acres 0.77

* Excluded Features

List By

MARGARET DEFAZIO

Listing Agent

Coldwell Banker Realty

Broker

medefazio@gmail.com

Affordability Calculator

$3,245

Per Month

Monthly Principal & Interest: $2,590
Monthly Property Taxes: $655
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Lots and land listings in Morristown, NJ

Average List Price ^$596,000

Percent of Sale Price 59%

About Morristown, NJ

20,152 Population

9% Since 2002

^$85,285 Median Income

38.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/28/2026	$375,000	-25.00%	Price Down
5/2/2026	$500,000	-9.09%	Price Down
9/19/2025	$550,000		Listed Price

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86 Chestnut St, Morristown, NJ, 07960 is a Lots and Land for sale at $375,000 with a lot size of 0.77. 86 Chestnut St has 0.0 baths. The property's zip code is 07960 which is in Morristown, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided 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.

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86 Chestnut St

Lots and Land for sale in Morristown, NJ

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