2 Elder Dr
Morristown, NJ 07960
Butterworth Farms- 4 Beds
- 1 Bath
- 1,400 sqft (on 13,939.20 acres)
4 Beds
1 Bath
1,400 sqft
(on 13,939.20 acres)
Home Value
Trulia Estimate
$662KSince 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
| Month | Estimated 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
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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
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Levels, Entrance, & Accessibility Stories: 1.5 |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Wood |
Parking & Garage Parking Space: 1 |
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Units in Building: 1 |
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Lot Area: 13939.20 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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% |
Jul 15, 2021 Source: New Jersey Multiple Listing Service, Inc #21021082 | PriceChange | $525,000 Price decreased by 2% |
May 29, 2021 Source: New Jersey Multiple Listing Service, Inc #21021082 | Listed For Sale | $535,000 |
Dec 11, 2020 Source: Agent Provided | ListingRemoved | $499,000 |
Nov 17, 2020 Source: Agent Provided | Listed For Sale | $499,000 |
Aug 11, 2010 Source: N/A | Sold | $356,000 |
Jun 24, 2010 Source: Agent Provided | PriceChange | $369,000 Price decreased by 5% |
Apr 20, 2010 Source: Agent Provided | Listed For Sale | $389,000 |
Dec 27, 2004 Source: N/A | Sold | $379,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,540 | $376,600 |
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
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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.