40 Park502 Unit 502 Morristown Town, NJ 07960
Estimated payment $7,917/month
Highlights
- Fitness Center
- Skyline View
- Clubhouse
- Hillcrest School Rated A-
- 2.49 Acre Lot
- 1-minute walk to Morristown Green
About This Home
Located in Morristown's most coveted downtown address, this fully renovated, move-in-ready 2-bedroom/2-bath corner residence offers sophisticated living in one of the area's only full-service buildings. Perched on the 5th floor and overlooking the courtyard, every detail has been thoughtfully redesigned with a focus on light, high-end finishes and modernization. Throughout the unit, 9-foot ceilings, smart-home features, upgraded electrical and lighting, refinished hardwood flooring and custom window treatments create a light-filled and inviting space for living and entertaining. A private balcony and Juliet balcony make this a unique property not to be missed. The gourmet kitchen has been completely redesigned with new stainless steel appliances, custom cabinetry, new countertops and full backsplash. The spacious primary suite features a walk-in closet, additional linen storage, and a beautifully renovated en-suite bath with an oversized walk-in tile shower and double vanity. The second bedroom is ideal for guests or a home office, with its own renovated full bath. Fully renovated units in this building are rare; here the heavy lifting has been done for you. Enjoy maintenance-free living with premium building amenities: concierge service 365 days/year, secure gated and assigned parking (2 spaces), onsite fitness center and an elegant club and billiards room. All just steps from Morristown's vibrant dining, shopping, the Green, and NYC direct transit.
Listing Agent
COLDWELL BANKER REALTY Brokerage Phone: 201-274-3710 Listed on: 11/28/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,948
Year Built
- Built in 2010
HOA Fees
- $788 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Inside Entrance
- Tandem Garage
- Parking Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Tile
Interior Spaces
- 1,346 Sq Ft Home
- 1-Story Property
- Thermal Windows
- Shades
- Blinds
- Entrance Foyer
- Living Room
- Formal Dining Room
- Wood Flooring
- Skyline Views
Kitchen
- Breakfast Bar
- Built-In Electric Oven
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
Schools
- Morristown High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2324-06004-0000-00001-0502-
Community Details
Overview
- Association fees include maintenance-common area, maintenance-exterior, snow removal
- $30 Other Monthly Fees
Amenities
- Clubhouse
- Billiard Room
Recreation
- Fitness Center
Pet Policy
- Limit on the number of pets
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | Price Changed | $1,150,000 | -90.0% | $854 / Sq Ft |
| 12/12/2025 12/12/25 | For Sale | $11,500,000 | -- | $8,544 / Sq Ft |
Source: Garden State MLS
MLS Number: 4001512
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