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Active
$450,000
1beds
--sqft

7 Prospect St #410, Morristown Town, NJ 07960

1beds
--sqft
Single family residence
Built in 2008
1 Parking space
$573/mo HOA

What's special

Warm welcoming atmosphereInviting residenceAbundant natural lightWell-maintained elevator buildingPractical layout

Welcome to 7 Prospect St, a beautifully maintained 1bedroom, 1bath condominium offering comfortable, low-maintenance living in the heart of Morristown. Located in a well-maintained elevator building, this inviting residence blends convenience, functionality, and value just moments from everything downtown Morristown has to offer. The unit features a practical layout with abundant ...

60 days
|
1,157
|
30
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Source: GSMLS,MLS#: 4030140MLS Logo
Travel times

Living Room

Kitchen

Bedroom

Zillow last checked:

Listing updated:

Listed by:

Ryan Dougherty 973-309-6178,

Compass New Jersey, Llc,

Mary E. Dougherty

Source: GSMLS,MLS#: 4030140MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
Primary bedroom
  • Description: Walk-In Closet
Bedroom 1
  • Level: First
  • Area: 176
  • Dimensions: 16 x 11
Primary bathroom
  • Features: Tub Shower
Kitchen
  • Features: Galley Type
  • Level: First
  • Area: 72
  • Dimensions: 9 x 8
Living room
  • Level: First
  • Area: 252
  • Dimensions: 14 x 18
Heating
  • 1 Unit, Electric
Cooling
  • 1 Unit
Appliances
  • Included: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave, Range/Oven-Electric, Refrigerator, Washer
Features
  • Bathroom
  • Flooring: Laminate, Wood
  • Basement: None
  • Has fireplace: No

Property

Parking
  • Total spaces: 1
  • Parking features: Off Street, Parking Lot-Shared
  • Uncovered spaces: 1
Features
  • Levels: One,One Floor Unit
  • Stories: 1
  • Patio & porch: Deck
Lot
  • Features: Level
Details
  • Parcel number: 2324058010000000030410

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Brick
  • Roof: Flat
Condition
  • Year built: 2008

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Association, Public
  • Utilities for property: Electricity Connected, Cable Available, Garbage Included

Community & HOA

Community
  • Features: Elevator, Fitness Center, Storage
  • Security: Carbon Monoxide Detector(s), Fire Extinguisher, Smoke Detector(s), Carbon Monoxide Detector
  • Subdivision: Valil Commons
HOA
  • Has HOA: Yes
  • Services included: Maintenance-Common Area, Maintenance Structure, Snow Removal, Trash, Water
  • HOA fee: $573 monthly
Location
  • Region: Morristown

Financial & listing details

  • Tax assessed value: $378,900
  • Annual tax amount: $6,668
  • Date on market: 5/27/2026
  • Ownership type: Fee Simple
  • Electric utility on property: Yes

Price history

DateEventPrice
5/27/2026Listed for sale$450,000
Source: GSMLS #4030140 Report a problem
5/21/2026Listing removed$450,000
Source: GSMLS #4016486 Report a problem
4/30/2026Price change$450,000-5.3%
Source: GSMLS #4016486 Report a problem
3/25/2026Listed for sale$475,000+49.4%
Source: GSMLS #4016486 Report a problem
6/20/2022Listing removed--
Source: Zillow Rental Manager Report a problem
6/16/2022Listed for rent$2,500+19%
Source: Zillow Rental Manager Report a problem
3/24/2021Listing removed--
Source: Owner Report a problem
9/3/2020Listing removed$2,100
Source: Owner Report a problem
7/25/2020Price change$2,100-8.7%
Source: Owner Report a problem
7/16/2020Price change$2,300+4.5%
Source: Owner Report a problem
7/1/2020Price change$2,200-4.3%
Source: Owner Report a problem
4/7/2020Listed for rent$2,300+4.5%
Source: Owner Report a problem
8/27/2019Listing removed$2,200
Source: Owner Report a problem
7/16/2019Price change$2,200-8.3%
Source: Owner Report a problem
6/30/2019Listed for rent$2,400+9.1%
Source: Owner Report a problem
7/9/2017Listing removed$2,200
Source: Owner Report a problem
7/4/2017Listed for rent$2,200
Source: Owner Report a problem
6/22/2010Sold$318,000
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$5,968 $378,900
2024$5,968 -22.4%$378,900 +43.1%
2023$7,692 +0.6%$264,700
2022$7,645 +0.6%$264,700
2021$7,602 -0.3%$264,700
2020$7,629 +1.3%$264,700
2019$7,531 +3.1%$264,700
2018$7,306 +2.6%$264,700
2017$7,118 +2.4%$264,700
2016$6,948 +1.1%$264,700
2015$6,872 +13.1%$264,700 +12.6%
2014$6,075 $235,000

Find assessor info on the county website

Monthly payment

Est. payment
$3,567/mo
Principal & interest
$2319
Property taxes
$675
HOA Fees
$573
More affordability toolsChevron Right

Estimated market value

$445,900

$424,000 - $468,000

$2,882/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 07960

Nearby schools

Alexander Hamilton Elementary School
Grades 3-50.5 miles
7/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
8/10
Frelinghuysen Middle School
Grades 6-82.8 miles
5/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
4/10
Morristown High School
Grades 9-120.2 miles
3/10
GreatSchools® Rating
Test Score Rating
5/10
College Readiness Rating
2/10