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$524,000 Just Listed
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Property Description
Welcome home to this 3-bedroom, 2 full bathroom Bi-level property, perfectly situated on a spacious corner lot in scenic Budd Lake. Blending comfortable, everyday living, including newer kitchen appliances, with excellent mechanical upgrades, this home offers a fantastic opportunity for its next owners. Whether you are looking for ample space to entertain or peace of mind with modern utilities, this property delivers on all fronts. The upper level features plenty of natural light encompassing the main living areas, a full bathroom and three comfortably sized bedrooms with generous closet space Versatile ground floor family room, perfect for hosting game nights, setting up a home theater, or creating a play area. Walk-out ground floor also includes a convenient second full bathroom and laundry area, with direct entry to/from garage. Recent transition of oil to gas heating system; newer A/C system; city sewer. Freshly re-paved driveway provides exceptional curb appeal and plenty of smooth, off-street parking. Nestled in Mount Olive Township, this home offers the best of Morris County living, including highly-rated schools and moments away from recreational activities. Commuters will love the easy access to Routes 46, 206 and Interstate 80.
Full Property Details
Full Property Details for 5 Wallman Way
General
- Price: $524,000
- Taxes: $8,466 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4044172
- Updated: 8/1/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 7
- 2nd Floor/Level 2: Attic
- 1st Floor/Level 1: 3 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room
- Street Level: Other Bath, Family Room, GarEnter, Laundry Room, Walkout
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Stall Shower
- Appliances: Dishwasher, Dryer, Microwave, Electric Range and Oven, Refrigerator, Self-Cleaning Oven, Washer
- Flooring: Carpeting, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: First
- Bedroom 2: First
- Bedroom 3: First
Other Rooms
- Living Room: First
- Family Room: Ground
- Kitchen: Eat-In Kitchen, First
- Dining Room: Formal Dining Room, First
- Bathroom: First
- Bathroom: Ground
- Laundry Room: Ground
Exterior
- Color: Beige
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Attached Garage, InEntrnc
Location
- County: Morris
- Driving Directions: Route 46 to Smithtown Road/Wolfe Road, Right onto Sandshore, Right onto Clearwater Left onto Wallman Way
School Information
- Elementary School: Sandshore
- Middle School: MT.Olive MS
- High School: MT.Olive HS
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Well
- Utility Description: Electric, Natural Gas, Cable TV Available, Fiber Optic Available, Garbage Included
Structural Information
- Architectural Style: Bi-Level
- Roof: Asphalt Shingles
- Square Feet: 1,712
- Year Built: 1997
Lot Features
- Lot Size (Acres): 0.24
- Lot Size: 100 x 100
- Driveway/Sidewalk: 2 Car Width, Blacktop
- Zoning: Residential
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $244,200
- Land Assmt: $113,000
- Tax Amount: $8,466
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Freezer in Garage.
- Disclosures: Yes
- APN: 2327-02207-0000-00001-0000-
- Block: 2207
- Lot Number: 1
Listed by BHHS FOX & ROACH
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Schools
Schools serving 5 Wallman Way
School District:Mount Olive Township School District
| Name | Grades | Distance |
|---|---|---|
Sandshore Road Elementary School 498 Sandshore Road, Mount Olive, NJ 07828 | K-5 | 0.7 mi |
Mt Olive Middle School 160 Wolfe Road, Mount Olive, NJ 07828 | 6-8 | 1.6 mi |
Mt Olive High School 18 Corey Road, Mount Olive, NJ 07836 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Wallman Way
Date
Details
Price
Change
Source
7/31/2026
Listed
$524,000
—
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 5 Wallman Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,510
3%
$244,200
—
2022
$8,225
9%
$244,200
—
2021
$7,536
-6%
$244,200
—
2018
$7,985
2%
$244,200
—
2017
$7,846
3%
$244,200
—
2016
$7,597
1%
$244,200
—
2015
$7,538
-7%
$244,200
—
2019
$8,063
8%
$244,200
—
2013
$7,475
—
$244,200
—
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 5 Wallman Way
5 Wallman Way, Mount Olive, NJ 07828 (MLS# 4044172) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5 Wallman Way is currently listed for $524,000 and was received on July 31, 2026. Want to learn more about 5 Wallman Way? Do you have questions about finding other Single Family real estate for sale in Mount Olive? You can browse all Mount Olive real estate or contact a Coldwell Banker agent to request more information.

