$668,800
Studio
1,452 sqft (on 0.45 acres)
16 Elder Dr, Morristown, NJ 07960
Est. Refi. Payment $4,488/mo*
Refinance Your HomeHome Value
Trulia Estimate
$669KSince last month
Decreased$9K (-1.3%)Since last year
Increased$24K (+3.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +65% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $670K |
| August 2026 | $669K |
| July 2026 | $679K |
| June 2026 | $688K |
| May 2026 | $699K |
| April 2026 | $683K |
| March 2026 | $668K |
| February 2026 | $654K |
| January 2026 | $646K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Single-Family Home | $799,000 | 11/24/25 | - | 2,228 | ||
0.33 | Single-Family Home | $4,600 | 03/11/26 | - | 1,976 | ||
0.43 | Single-Family Home | $618,000 | 01/15/26 | 4 | 3.5 | 3,224 | |
0.57 | Single-Family Home | $235,000 | 02/24/26 | 2 | 1 | 1,077 | |
0.85 | Single-Family Home | $670,000 | 07/15/26 | 3 | 1 | 1,419 | |
0.35 | Single-Family Home | $999,999 | 10/30/25 | 4 | 3 | - | |
0.68 | Single-Family Home | $1,700,000 | 06/04/26 | - | 3,390 | ||
0.30 | Single-Family Home | $655,000 | 05/19/26 | 3 | 2 | 2,139 | |
0.91 | Single-Family Home | $968,932 | 05/15/26 | 4 | 3 | 2,359 | |
0.81 | Single-Family Home | $18,000 | 06/08/26 | 3 | 2 | 2,000 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | $775,000 | 3 | 2 | - | Recently Sold | |
0.20 | $1,047,900 | 4 | 3 | - | Off Market | |
0.27 | $698,200 | 3 | 3 | - | Off Market | |
0.24 | $644,500 | 2 | 1.5 | - | Off Market | |
0.24 | $656,800 | 4 | 3 | - | Off Market | |
0.24 | $619,500 | 2 | 2 | - | Off Market | |
0.26 | $763,900 | 3 | 2 | - | Off Market | |
0.31 | $799,700 | 3 | 3 | - | Off Market | |
0.29 | $831,800 | Studio | - | - | Off Market | |
0.33 | $405,000 | 2 | 2 | - | Recently Sold | |
0.35 | $894,600 | 4 | 3 | - | Off Market | |
0.35 | $911,800 | 3 | 3 | - | Off Market |
Local Information
- Map ViewExplore the area around 16 Elder Dr.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1952
Lot Size
0.45 acres
Living Area
1,452 sqft
Price/Sqft
$461
About this House
This single-family home is located at 16 Elder Dr, Morristown, NJ. 16 Elder Dr is in the Butterworth Farms neighborhood in Morristown, NJ and in ZIP code 07960. This property has approximately 1,452 sqft of floor space. This property has a lot size of 0.45 acres and was built in 1952.
16 Elder Dr, Morristown, NJ 07960 is a studio, 1,452 sqft single-family home in Butterworth Farms, built in 1952. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $668,800, with a rent estimate of $4,424/month.
Home Details for 16 Elder Dr
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|---|
Levels, Entrance, & Accessibility Stories: 1.5 |
|
|---|
Year Built Year Built: 1952 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Exterior Home Features Exterior: Wood |
Parking & Garage Parking Spaces: 2 |
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Units in Building: 1 |
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Lot Area: 0.45 acres |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,221 | $360,700 |
Home facts updated by county records
Market trends in Morristown
Last updated July 2026
Avg. sale price
$899K
$25.5KMoM
Sale-to-List Price
107.0%
0.9%MoM
Price per sq ft
$457
$23MoM
Available listings
84
12MoM
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 16 Elder Dr
- What is 16 Elder Dr estimated to be worth?Trulia's estimated value for 16 Elder Dr in Morristown, NJ is $668,800.
- Is Morristown a buyer's or seller's market?Morristown is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Morristown?The median sale price in Morristown is $899K. That is up $25.5K from the prior month.
- What are the closest schools to 16 Elder Dr?The closest schools to 16 Elder Dr in Morristown, NJ are Alfred Vail Elementary School, Frelinghuysen Middle School (rated 5/10), Morristown High School (rated 3/10).
- How big is the lot at 16 Elder Dr?The lot at 16 Elder Dr in Morristown, NJ is about 0.45 acres (19,514 sq ft).
- Does 16 Elder Dr have parking?Yes, 16 Elder Dr in Morristown, NJ has on-site parking.
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