2 Elder Dr, Morristown, NJ 07960
OFF MARKET

2 Elder Dr
Morristown, NJ 07960

Butterworth Farms
  • 4 Beds
  • 1 Bath
  • 1,400 sqft (on 13,939.20 acres)

$661,500

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $4,415/mo*

$661,500

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $4,415/mo*
4 Beds
1 Bath
1,400 sqft
(on 13,939.20 acres)

Home Value

Trulia Estimate
$662K
Since last month
Decreased$14K (-2.1%)
Since last year
Increased$33K (+5.2%)
Since last sale
Increased$217K (+48.8%)
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 +63% in the last 10 years
MonthEstimated value
2026
August 2026$662K
July 2026$676K
June 2026$682K
May 2026$680K
April 2026$666K
March 2026$649K
February 2026$636K
January 2026$638K
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
0.20
Single-Family Home
$655,000
05/19/26
3
2
2,139
0.47
Single-Family Home
$235,000
02/24/26
2
1
1,077
0.48
Single-Family Home
$900,000
08/26/25
4
2
2,622
0.39
Single-Family Home
$618,000
01/15/26
4
3.5
3,224
0.31
Single-Family Home
$630,000
10/30/25
3
1
-
0.33
Single-Family Home
$615,000
11/24/25
4
2
-
0.22
Single-Family Home
$715,000
04/27/26
3
2
-
1.08
Single-Family Home
$500,000
04/02/26
4
2
1,642
0.27
Single-Family Home
$703,017
02/02/26
3
2
-
0.22
Single-Family Home
$815,000
06/26/26
4
3
-

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
0.02
$775,000
3
2
-
Recently Sold
0.16
$655,500
2
1.5
-
Off Market
0.16
$655,500
4
3
-
Off Market
0.16
$627,600
2
2
-
Off Market
0.15
$768,500
3
2
-
Off Market
0.22
$815,000
4
3
-
Recently Sold
0.22
$715,000
3
2
-
Recently Sold
0.22
$799,900
3
3
-
Off Market
0.25
$797,600
3
2
-
Off Market
0.26
$833,200
Studio
-
-
Off Market
0.25
$1,069,700
4
3
-
Off Market
0.27
$703,017
3
2
-
Recently Sold

Local Information

  • Map ViewExplore the area around 2 Elder Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1952
Lot Size
13,939.2 acres
Living Area
1,400 sqft
Price/Sqft
$473

About this House

This single-family home is located at 2 Elder Dr, Morristown, NJ. 2 Elder Dr is in the Butterworth Farms neighborhood in Morristown, NJ and in ZIP code 07960. This property has 4 bedrooms, 1 bathroom and approximately 1,400 sqft of floor space. This property has a lot size of 13939.20 acres and was built in 1952.
2 Elder Dr, Morristown, NJ 07960 is a 4 bedroom, 1 bathroom, 1,400 sqft single-family home in Butterworth Farms, built in 1952. It last sold for $445,000 on May 31, 2022. It is currently off market. The Trulia Estimate is $661,500, with a rent estimate of $3,929/month.

Home Details for 2 Elder Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.5

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
Parking Space: 1

Community

Units in Building: 1

Lot Information

Lot Area: 13939.20 acres

Price and Tax history

DateEventPrice
May 31, 2022
Source: N/A
Sold
$445,000
Mar 23, 2022
Source: GSMLS #3757451
Sold
$445,000
Jan 3, 2022
Source: GSMLS #3757451
Listed For Sale
$489,900
Dec 9, 2021
Source: GSMLS #3733142
ListingRemoved
Aug 12, 2021
Source: GSMLS #3733142
PriceChange
$495,000
Price decreased by 6%

Market trends in Morristown

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$899K
$25.5K
MoM
Sale-to-List Price
107.0%
0.9%
MoM
Price per sq ft
$457
$23
MoM
Available listings
84
12
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 2 Elder Dr

  • What is 2 Elder Dr estimated to be worth?
    Trulia's estimated value for 2 Elder Dr in Morristown, NJ is $661,500.
  • What is the price history for 2 Elder Dr?
    2 Elder Dr in Morristown, NJ last sold for $445,000 in May 2022.
  • 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.
  • How big is the lot at 2 Elder Dr?
    The lot at 2 Elder Dr in Morristown, NJ is about 13939.2 acres.
  • Does 2 Elder Dr have parking?
    Yes, 2 Elder Dr in Morristown, NJ has on-site parking.

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