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.
The purpose of the MX-1 is to protect Morristown's architectural heritage by providing opportunities to repurpose old residential estates for a mix of residential and office uses. This district accommodates mixed-use development at a lower intensity through the Retail Overlay, which preserves traditional neighborhood-scale commercial uses. Though commercial uses are permitted in this zone, the primary character is intended to be residential in appearance.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Office
Medical office
Museum / gallery
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 100° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Morristown, NJ • 07960-8643
Average low and high temperatures (°F)
35
20
38
23
56
34
64
43
71
51
81
61
86
67
82
60
78
57
67
45
55
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Morristown. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 47 Ridgedale Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $305,000 and $655,000.
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $305K to $655K.