$730,000
SOLD AUG 9, 2024

40 W Park Place Unit 204 Morristown, NJ 07960

1 Bed
2 Baths
1,090 Sq Ft
2.49 Acres

Recently Sold

$670 Per Sq Ft

2% Below List Price

31 Days on Market

About This Home

As of August 2024

This home is located at 40 W Park Place Unit 204, Morristown, NJ 07960 and is currently priced at $730,000, approximately $669 per square foot. This property was built in 2010. 40 W Park Place Unit 204 is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

Last Agent to Sell the Property

Bill Gazi

BHHS FOX & ROACH Brokerage Phone: 908-757-7780 Listed on: 06/03/2024

BHHS FOX & ROACH

Last Buyer's Agent

DOUGLAS MARRA

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,043

Year Built

  • Built in 2010

Lot Details

  • 2.49 Acre Lot

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,043

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Year Built: 2010
  • County Name: Morris
  • Street Number Display: 40
  • I D: 5291694
  • Modified: 2024-08-09
  • Number Images: 1
  • Attribution Contact: 908-757-7780
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 2.49 ACRES
  • Total Acres: 2.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Aug 8, 2024
Sold by
Fox Leonard V and Fox Amanda
Bought by
Yeramilli Surya and Sastry Varun
Seller's Agent
Bill Gazi
BHHS FOX & ROACH
Buyer's Agent
DOUGLAS MARRA
WEICHERT REALTORS
List Price
$745,000
Sold Price
$730,000
Premium/Discount to List
-$15,000
-2.01%
Views
43
Current Estimated Value
$761,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,761
Avg. Annual Appreciation
4.49%

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 7, 2022
Sold by
Z Property Holdings Llc
Bought by
Fox Leonard V
Seller's Agent
Patricia Lopez
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ANDREW J. PERDEK
NEST SEEKERS NEW JERSEY LLC
List Price
$679,900
Sold Price
$679,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$623,200
Interest Rate
5.1%
Mortgage Type
Balloon

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 25, 2019
Sold by
Ozols Kristine and Ruebush John C
Bought by
Z Property Holdings Llc
Seller's Agent
Patricia Lopez
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Patricia Lopez
KL SOTHEBY'S INT'L. REALTY
List Price
$639,000
Sold Price
$619,000
Premium/Discount to List
-$20,000
-3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$370,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $730,000 Westcor Land Title
Bargain Sale Deed $679,900 First American Title
Deed $619,000 Wfg National Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $623,200 Balloon
Previous Owner $370,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $730,000 -2.0% $670 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $745,000 +9.6% $683 / Sq Ft
03/25/2022 03/25/22 Sold $679,900 0.0% $620 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $679,900 +9.8% $620 / Sq Ft
02/25/2019 02/25/19 Sold $619,000 -3.1% $568 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $639,000 -- $586 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,043 $647,500 $367,500 $280,000
2023 $11,043 $380,000 $230,000 $150,000
2022 $10,914 $380,000 $230,000 $150,000
2021 $10,914 $380,000 $230,000 $150,000
2020 $10,955 $380,000 $230,000 $150,000
2019 $10,952 $380,000 $230,000 $150,000
2018 $10,811 $380,000 $230,000 $150,000
2017 $10,488 $380,000 $230,000 $150,000
2016 $10,218 $380,000 $230,000 $150,000
2015 $9,975 $380,000 $230,000 $150,000
2014 $9,865 $380,000 $230,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3905366

Garden State MLS

APN: 24-06004-0000-00001-204