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  • $503,000

    7 Prospect St #705, Morristown Town, NJ 07960

    1beds
    1baths
    --sqft
    Single Family Residence
    Built in 2008
    -- sqft lot
    $526,100 Zestimate®
    $--/sqft
    $2,561 Estimated rent

    Home value

    $526,100

    $484,000 - $568,000

    $2,561/mo

    Zestimate® history
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    $3,491/mo

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    What's special

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Dougherty 973-315-8180,

    Compass New Jersey, Llc,

    Mary E. Dougherty

    Bought with:

    Danny Gallego

    Weichert Realtors

    Source: GSMLS,MLS#: 3997623MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1

    Property

    Details
    • Parcel number: 240580100003705

    Construction

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

    Community & HOA

    Location
    • Region: Morristown

    Financial & listing details

    • Tax assessed value: $398,900
    • Annual tax amount: $6,283
    • Date on market: 11/13/2025

    Price history

    DateEventPrice
    12/19/2025Sold$503,000+18.4%
    Source: GSMLS #3997623 Report a problem
    11/20/2025Pending sale$425,000
    Source: GSMLS #3997623 Report a problem
    11/14/2025Listed for sale$425,000+15.6%
    Source: GSMLS #3997623 Report a problem
    5/17/2022Sold$367,500-3%
    Source: GSMLS #3770277 Report a problem
    3/21/2022Listed for sale$379,000+3.9%
    Source: GSMLS #3770277 Report a problem
    6/16/2019Listing removed$2,100
    Source: Coldwell Banker Residential Brokerage - Bernardsville Office #3547922 Report a problem
    5/3/2019Price change$2,100-4.5%
    Source: Coldwell Banker Residential Brokerage - Bernardsville Office #3547922 Report a problem
    4/30/2019Listed for rent$2,200+4.8%
    Source: Coldwell Banker Residential Brokerage - Bernardsville Office #3547922 Report a problem
    5/18/2017Listing removed$2,100
    Source: Coldwell Banker Residential Brokerage - Morris Plains / Parsippany Office #3376761 Report a problem
    4/5/2017Listed for rent$2,100
    Source: Coldwell Banker Residential Brokerage - Morris Plains / Parsippany Office #3376761 Report a problem
    4/16/2014Listing removed$364,900
    Source: Keller Williams Realty Metropolitan #3130394 Report a problem
    4/5/2014Listed for sale$364,900
    Source: Keller Williams Realty Metropolitan #3130394 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,283 $398,900
    2024$6,283 -29.7%$398,900 +29.8%
    2023$8,933 +0.6%$307,400
    2022$8,878 +0.6%$307,400
    2021$8,829 -0.3%$307,400
    2020$8,859 +1.3%$307,400
    2019$8,746 +3.1%$307,400
    2018$8,484 +2.6%$307,400
    2017$8,266 +2.4%$307,400
    2016$8,069 +1.1%$307,400
    2015$7,980 +37.2%$307,400 +36.6%
    2014$5,816 $225,000
    Find assessor info on the county website

    Neighborhood: 07960

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $526,100
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    Estimated market value
    $526,100