What $400,000 can buy you in Morris County, May 19 to 25

Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the region between May 19 and May 25. In this article, we outline recent property sales in Morris County, all of which featured homes under $400,000.

Here, we provide a breakdown of the top 10 properties in each area, selected based on their proximity to the desired price range and the most spacious living areas available.

Please note that the properties in the list below are for real estate sales where the title was recorded during the week of May 19, even if the property may have been sold earlier.

1. $388K, 2-bedroom home

At $387,500 ($319 per square foot), the single-family residence located at 171 Drake Lane offered another opportunity below the targeted price range when it changed hands in May. This property, built in 1989, provides 1,213 square feet of living space, and sits on an 8,276-square-foot lot. The deal was finalized on May 7.

2. $375K

Priced at $375,000 (equivalent to $623 per square foot), this detached house, constructed in 1950 and situated at 408 Mount Arlington Blvd., was sold in May. The home spans 602 square feet of living area. The property comprises an 8,690-square-foot lot. The deal was finalized on May 8.

3. $360K

In May, a single-family house located at 772 Meyersville Road, changed ownership. The property, covering 748 square feet, was built in 1920 and was sold for $360,000, which calculates to $481 per square foot. The lot size encompasses 0.9 acres. The deal was finalized on May 7.

4. $350K

Situated at 205 Mount Hope Ave., this single-family home, was sold in May for a price of $350,000, translating to $272 per square foot. The property, constructed in 1900, offers a living area of 1,286 square feet and sits on a 3.8-acre lot. The deal was finalized on May 6.

5. $292K

For a price tag of $292,000 ($390 per square foot), the single-family house, built in 1960 and located at 2350 State Route 10 changed hands in May. The home spans 749 square feet of living area. The deal was finalized on May 7.

6. $285K

This condominium, underwent a change of ownership in May. Located at 426 Cannella Way, the home spans 840 square feet and was sold for $285,000, or $339 per square foot. The property was built in 2000. The deal was finalized on May 6.

7. $280K

At $280,000 ($246 per square foot), the detached house located at 18 Garden Ave. offered another opportunity below the targeted price range when it changed hands in May. This property, built in 1920, provides 1,140 square feet of living space, and sits on a 5,001-square-foot lot. The deal was finalized on May 8.

8. $271K

For a price tag of $271,300 ($234 per square foot), the detached house, built in 1850 and located at 15 Kenvil Ave. changed hands in May. The home spans 1,158 square feet of living area. The property comprises a 7,048-square-foot lot. The deal was finalized on May 9.

9. $261K

Priced at $261,000 (equivalent to $460 per square foot), this single-family house, constructed in 1938 and situated at 32 Reservoir Road, was sold in May. The home spans 567 square feet of living area. The property comprises a 5,009-square-foot lot. The deal was finalized on May 5.

10. $239K

In May, a detached house located at 1 Wayside Ave., changed ownership. The property, covering 816 square feet, was built in 1920 and was sold for $239,000, which calculates to $293 per square foot. The lot size encompasses 0.4 acres. The deal was finalized on May 2.

Real Estate Newswire is a service provided by United Robots, which uses machine learning to generate analysis of data from Propmix, an aggregator of national real-estate data.