6 Hours Ago
Location
48 Elm Street #E, Morristown, New Jersey 07960, United States
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Amenities for 48 Elm Street #E
Apartment Amenities
| Baseboard |
Grounds
| Outdoor Space |
Other
| Four Rooms | Hot Water Heating |
| Multi Units |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 48 Elm Street #E
Property Status: Active Discover the perfect blend of urban convenience and modern comfort in this 1 bedroom 1 bathroom condo. Located just steps away from South Street, you'll have easy access to Morristown's vibrant dining, shopping, and entertainment scene. The Morristown Train Station is conveniently close, ideal for commuters. With a sleek kitchen and open living area, this condo offers unbeatable value for the price in a highly sought-after neighborhood. Lease includes Heat, Sewer, Gas and Water. Available as of February 1st, 2026. Office Phone: (866) 201-6210 Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 48 Elm St, Morristown, NJ 07960, USA compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 600 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 07960 |
|---|---|
| Type | Condo for rent |
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Rent trends in Morristown
1-bedroom apartments at 48 Elm Street #E cost about 11% less than the average rent price for 1-bedroom apartments in Morristown.
Median rents as of Nov 29 2025.
Morristown
| Month | Median Rent |
|---|---|
| December 2023 | $2,668 |
| January 2024 | $2,820 |
| February 2024 | $2,888 |
| March 2024 | $3,049 |
| April 2024 | $3,067 |
| May 2024 | $3,064 |
| June 2024 | $2,998 |
| July 2024 | $3,091 |
| August 2024 | $2,809 |
| September 2024 | $2,742 |
| October 2024 | $2,675 |
| November 2024 | $2,727 |
| December 2024 | $2,719 |
| January 2025 | $2,726 |
| February 2025 | $2,544 |
| March 2025 | $2,562 |
| April 2025 | $2,816 |
| May 2025 | $2,727 |
| June 2025 | $2,762 |
| July 2025 | $2,773 |
| August 2025 | $2,713 |
| September 2025 | $2,682 |
| October 2025 | $2,509 |
| November 2025 | $2,512 |
Affordability calculator
Can I afford to live at 48 Elm Street #E?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 1-bedroom monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 4 months ago | $2,375 | 1 bed | 1 bath | ||
| 6 years ago | $1,700 | 1 bed | 1 bath |
Schools near 48 Elm Street #E
Lafayette Learning Center Preschool
31 hazel st
morristown, NJ, 7960
PKPublic
Alexander Hamilton School
24 mills st
morristown, NJ, 7960
3-5Public
B+
Sussex Avenue School
125 sussex ave
morristown, NJ, 7960
3-5Public
B+
Hillcrest School
160 hillcrest ave
morristown, NJ, 7960
PK, K-2Public
A-
Alfred Vail School
125 speedwell ave
morris plains, NJ, 7950
PK, K-2Public
A-
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Internet available near 48 Elm Street #E
Getting around Morristown near 48 Elm Street #E
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 48 Elm Street #E, Morristown
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
Other units at this address
48 Elm St, Morristown, NJ
48 Elm St Morristown, NJ
Occupied
48
1 Bed
1 Bath
$2,375
On-Site Laundry
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