47 Ridgedale Ave
Listing Notes
Beautifully renovated third-floor condo in one of Morristown's most convenient locations, offering a private entrance and easy access to the train station, vibrant downtown, major highways, shopping, dining, and public transportation. Originally a converted attic, this unique home is full of character and charm, featuring vaulted ceilings with skylights that fill the space with natural light. The updated eat-in kitchen boasts quartz countertops, stainless steel appliances, and a spacious walk-in pantry, while generous closet space, in-unit laundry, and basement storage provide exceptional functionality. One designated off-street parking space is included, with ample street parking available for guests. Currently tenant-occupied through October 2026, this property presents an excellent opportunity for investors seeking immediate rental income or buyers looking to secure a home in a highly desirable location while building equity. Please note that the building does not have an elevator.
Comps
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Mortgage Calculator
Excludes property tax, condo insurance, and common charges — not in this listing, so the true monthly cost is higher.
- Due at close
- $75,600
- Loan amount
- $251,999
- Loan to value
- 80%
- Principal & interestLoan scenario$1,601
- Property taxNot in listing dataNot provided
- Condo insuranceNot in listing dataNot provided
- Common chargesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Condo tax and common charges are filled only from listing-source data. Insurance remains a buyer/lender input.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Where it is
For sale Coming soon Recently sold— zoom out for more