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$615,000
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Property Description
**Charming Flag Lot with Exceptional Potential on 1.52 Acres**Attention builders! Discover this unique property spanning approximately 1.52 acres, featuring a spacious flag lot with about 3/4 acres designated as wetlands offering a perfect canvas for innovative, high-end development. The property includes a tear down 3-bedroom, 2-bath home, complemented by a large 30x30 two-car garage and a versatile studio apartment above. A new survey has been completed, ensuring compliance with submission requirements for building plans, permits, and Letter of Intent (LOI) approval. This prime location offers convenient access to mass transportation and is just minutes from the vibrant downtown Motown, making it ideal for building your dream home or developing a luxury estate. Whether you're an investor, builder, or future homeowner, this property presents incredible potential in a desirable neighborhood. VALUE IN THE LAND - CASH OFFERS ONLY
Full Property Details
Full Property Details for 194 James St
General
- Price: $615,000
- Taxes: $8,932 (2024)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 3998096
- Updated: 11/19/2025
- Added to Site: 61 day(s) ago
Interior
- Number of Rooms: 9
- 2nd Floor/Level 2: 1 Bedroom
- 1st Floor/Level 1: 2 Bedrooms, Family Room, Kitchen, Living Room
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Electric Range and Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedroom 1: 18 x 11, First
- Bedroom 2: 19 x 10, Second
Other Rooms
- Living Room: 18 x 12, First
- Family Room: 12 x 11
- Kitchen: Not Eat-In Kitchen, First
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage, Finished Garage
Location
- County: Morris
- Driving Directions: On Rt 124 W/Madison Ave - Drive to James St
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: No Heat
- Heating Fuel: None
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street
Structural Information
- Architectural Style: Carriage House, See Remarks, Carriage House
- Basement: Yes
- Basement Desc.: Bilco-Style Door, Crawl Space, Unfinished
- Roof: Rubberized
- Year Built: 1890
Lot Features
- Lot Size (Acres): 1.52
- Lot Size: 1.52 AC
- Driveway/Sidewalk: Blacktop
- Zoning: RA-15
Financial Considerations
- Assessment Amount: $446,200
- Land Assmt: $245,400
- Tax Amount: $8,932
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Personal Items
- APN: 2322-06902-0000-00002-0000-
- Block: 6902
- Lot Number: 2
Listed by Redfin Corporation
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Schools
Schools serving 194 James St
School District:Morris Township School District
| Name | Grades | Distance |
|---|---|---|
Morristown High School 50 Early Street, Morristown, NJ 07960 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 194 James St
Date
Details
Price
Change
Source
11/17/2025
Listed
$615,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 194 James St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,933
—
$446,200
—
2023
$8,946
3%
$446,200
—
2022
$8,714
2%
$446,200
—
2021
$8,531
4%
$446,200
—
2019
$8,179
1%
$446,200
—
2018
$8,090
1%
$446,200
—
2017
$8,036
2%
$446,200
—
2016
$7,911
-9%
$446,200
30%
2015
$8,737
1%
$344,500
—
2013
$8,612
—
$344,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 194 James St
194 James St, Morris Township, NJ 07960 (MLS# 3998096) is a Single Family property with 4 bedrooms and 2 full bathrooms. 194 James St is currently listed for $615,000 and was received on November 17, 2025. Want to learn more about 194 James St? Do you have questions about finding other Single Family real estate for sale in Morris Township? You can browse all Morris Township real estate or contact a Coldwell Banker agent to request more information.

