Sold for $420,000

$420,000

7 Prospect St Unit 806, Morristown, NJ 07960

2beds

1,250sqft

Apartment

Built in ----

-- sqft lot

$562,600 Zestimate^®

$336/sqft

$4,014 Estimated rent

Home value

$562,600

$529,000 - $596,000

$4,014/mo

Zestimate^® history

Owner options

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$4,014/mo

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$4,014/mo

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$2,915/mo

Est. payment

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$2,915/mo

Est. payment

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What's special

Two onsite parking spacesLarge storage unitTop floor

Two bedroom, Two bath condo on top floor (8th) located one block from Morristown Green. Condo comes with Two onsite parking spaces, large storage unit, washer and dryer in unit, balcony and free onsite Gym. Condo is in like new condition. Owner pays for hot and cold water. Tenant pays electric.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry: In Unit

Features

Flooring: Carpet, Hardwood, Tile

Interior area

Total interior livable area: 1,250 sqft

Property

Parking

Parking features: Off Street
Details: Contact manager

Features

Exterior features: Bicycle storage, Electricity not included in rent, Hot water included in rent, Water included in rent

Details

Parcel number: 240580100003806

Construction

Type & style

Home type: Apartment
Property subtype: Apartment

Utilities & green energy

Utilities for property: Water

Community & HOA

Community

Deposit fee: $3,500

Location

Region: Morristown

Financial & listing details

Price per square foot: $336/sqft
Tax assessed value: $454,400
Annual tax amount: $7,157
Date on market: 8/29/2025
Date available: 10/01/2025
Lease term: 1 Year

Price history

Date	Event	Price
9/12/2025	Listing removed	$3,300$3/sqft
Source: Zillow Rentals Report a problem
9/6/2025	Price change	$3,300-5.7%$3/sqft
Source: Zillow Rentals Report a problem
8/29/2025	Listed for rent	$3,500$3/sqft
Source: Zillow Rentals Report a problem
4/7/2025	Sold	$420,000-8.5%$336/sqft
Source: Public Record Report a problem
4/2/2021	Listing removed	--
Source: GSMLS #3667406 Report a problem
10/24/2020	Price change	$459,000-4.2%$367/sqft
Source: GSMLS #3667406 Report a problem
9/27/2020	Listed for sale	$479,000+6.4%$383/sqft
Source: COLDWELL BANKER REALTY #3667406 Report a problem
2/18/2010	Sold	$450,000$360/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,157	$454,400
2024	$7,157 -35.6%	$454,400 +18.8%
2023	$11,115 +0.6%	$382,500
2022	$11,047 +0.6%	$382,500
2021	$10,985 -0.3%	$382,500
2020	$11,024 +1.3%	$382,500
2019	$10,882 +3.1%	$382,500
2018	$10,557 +2.6%	$382,500
2017	$10,285 +2.4%	$382,500
2016	$10,041 +1.1%	$382,500
2015	$9,930 +11.3%	$382,500 +10.9%
2014	$8,918	$345,000