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    • Price cut: $100K (6/15)
    $1,650,000

    40 W Park Pl #513, Morristown Town, NJ 07960

    2beds
    1,681sqft
    : 
    $11,767/mo
    Get pre-qualified
    Condominium
    Built in 2009
    -- sqft lot
    $-- Zestimate®
    $982/sqft
    $1,000/mo HOA

    What's special

    An incomparable new level of style, comfort, and location! This stunning condominium in the highly desirable 40 Park Place building offers a modern open, airy design and an amazing in-town location right on Morristown's historic Green. Beautiful architecture and a piazza with water features and benches bring you inside to a spectacular lobby. Polished hardwood floors gleam across the spacious open living room, 9ft ceilings, dining room, sitting area, and chef's kitchen. It is appointed with granite counters, stylish tile backsplash, high-end SS appliances, generous cabinetry, and an oversized island with seating. Off the living room is a private balcony with views of The Green. The layout continues to the primary bedroom with a WIC and en-suite including marble floors and countertops, oversized glass shower, a soaking tub, and a dual-sink vanity. There is also a 2nd bedroom, a full hallway bath, laundry room, and a powder room. Elevated amenities include full concierge service 365 days (7am-11pm) private gym, beautiful club room with tv, billiard table and full catering kitchen perfect for effortless parties. 2 parking spaces w/direct entry to building (no stairs). Just minutes to the NJ Transit direct train to NYC and close to the performing arts center, restaurants, boutique shops, and a myriad of entertainment opportunities. Nearby major routes 10, 24, 80 and I-287, less than 30min to Newark Int Airport, this residence offers the ultimate in sophisticated suburban living.
    65 days
    |
    979
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Lorenzo 973-539-1120,

    Keller Williams Metropolitan,

    Adam Batt

    Source: GSMLS,MLS#: 4032970MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Description: Full Bath, Walk-In Closet
      Bedroom 1
      • Area: 231
      • Dimensions: 11 x 21
      Bedroom 2
      • Area: 165
      • Dimensions: 11 x 15
      Primary bathroom
      • Features: Soaking Tub, Stall Shower
      Dining room
      • Features: Formal Dining Room
      • Area: 230
      • Dimensions: 23 x 10
      Kitchen
      • Features: Breakfast Bar, Kitchen Island
      • Area: 360
      • Dimensions: 30 x 12
      Living room
      • Area: 408
      • Dimensions: 17 x 24
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Carbon Monoxide Detector, Gas Cooktop, Dishwasher, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven(s) - Electric, Washer
      • Laundry: Laundry Room
      Features
      • Flooring: Tile, Wood
      • Windows: Blinds
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 1,681
      • Total interior livable area: 1,681 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Garage Door Opener, Garage
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 2.49 Acres
      • Dimensions: 2.49 ACRES
      Details
      • Parcel number: 2324060040000000010513
      • Other equipment: Generator-Built-In

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Brick
      • Roof: Flat
      Condition
      • Year built: 2009

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities, Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Features: Billiards Room, Clubhouse, Elevator, Fitness Center, Kitchen Facilities
      • Security: Carbon Monoxide Detector
      • Subdivision: 40 Park Place
      HOA
      • Has HOA: Yes
      • Services included: Maintenance-Common Area, Maintenance Structure, Snow Removal, Trash
      • HOA fee: $1,000 monthly
      Location
      • Region: Morristown

      Financial & listing details

      • Price per square foot: $982/sqft
      • Tax assessed value: $1,079,500
      • Annual tax amount: $18,999
      • Date on market: 6/9/2026
      • Ownership type: Condominium
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/15/2026Price change$1,650,000-5.7%$982/sqft
        Source: GSMLS #4032970 Report a problem
        6/9/2026Listed for sale$1,750,000+75.4%$1,041/sqft
        Source: GSMLS #4032970 Report a problem
        3/23/2022Sold$998,000$594/sqft
        Source: Public Record Report a problem
        1/10/2022Sold$998,000-9.2%$594/sqft
        Source: GSMLS #3724087 Report a problem
        6/30/2021Listed for sale$1,099,000+37.5%$654/sqft
        Source: GSMLS #3724087 Report a problem
        7/25/2011Sold$799,000$475/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$17,002 $1,079,500
        2024$17,002 +7.7%$1,079,500 +98.8%
        2023$15,780 +0.6%$543,000
        2022$15,682 +0.6%$543,000
        2021$15,595 -0.3%$543,000
        2020$15,649 +1.3%$543,000
        2019$15,448 +3.1%$543,000
        2018$14,987 +2.6%$543,000
        2017$14,601 +2.4%$543,000
        2016$14,254 +1.1%$543,000
        2015$14,096 +0.4%$543,000
        2014$14,037 $543,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 07960

        Getting around

        98 / 100
        Walker's Paradise
        38 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Frelghuysn
        • High: Morristown

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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