NOT LISTED FOR SALE

40 W Park Place Unit 211 Morristown, NJ 07960

Estimated Value: $998,000 - $1,226,727

2 Beds
2 Baths
1,390 Sq Ft
$687/mo HOA Fee

Last Sold January 26, 2021

Last sale price $1,025,000 $737 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,109/month

38 Days on Market

Highlights

  • Fitness Center
  • 2.49 Acre Lot
  • Deck
  • Alfred Vail School Rated A-
  • Clubhouse
  • 1-minute walk to Morristown Green

About This Home

As of January 2021

Fabulous in town unit on the Morristown Green with wonderful large outside Terrace facing the Green! The large outside Terrace is another 600 sq ft. extension of living space during the summer & fall. Great 2 bedroom with 2 full baths and large Den with great outside space makes this one of the Premier units at 40 Park. And 40 Park is one of the premier locations in North NJ with NYC Direct Train and 365 a year Concierge Service. It doesn't get any better than this for In-Town Living! The building has 24/7 workout facilities and a private club-room room with fireplace, TV's & billiards with full catering kitchen. The unit comes with 2 deeded parking spots in the attached private garage.

Last Agent to Sell the Property

EUGENE KEVIN LONG

WEICHERT REALTORS Listed on: 11/03/2020

Last Buyer's Agent

ELLEN WOHL

PROMINENT PROPERTIES SIR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,274

Year Built

  • Built in 2010

Lot Details

  • 2.49

HOA Fees

  • $687 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Inside Entrance
  • Garage Door Opener
  • Additional Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Sound System
  • High Ceiling
  • Thermal Windows
  • Blinds
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Intercom

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • Hillcrest Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-06004-0000-00001-0211-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal
  • High-Rise Condominium

Amenities

  • Clubhouse
  • Billiard Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,274

Year Built

Built in 2010

Lot Details

0

HOA Fees

$687 per month

Parking

2

Listing Details

  • Style: One Floor Unit, Hi-Rise
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2010
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Street Number Display: 40
  • Directions: Exit 35 off Rt. 287 towards Morristown Green, turn onto Dehart St. for Public Parking access. Exit ground level at Piazza Courtyard to Concierge Lobby
  • I D: 5029511
  • Modified: 2022-01-27
  • Number Images: 23
  • Section Subdiv Development: 40 West Park Place
  • First Name: EUGENE KEVIN
  • First Name3: ELLEN
  • Last Name: LONG
  • Last Name3: WOHL
  • Office Phone: 973-216-3892
  • Office Phone3: 908-273-8808
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone, Wood
  • Floor Number: 2nd
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, OvnWElec, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Elevator, Fire Alarm Sys, High Ceilings, Intercom, Smoke Detector, SoakTub, StallShw, Stereo System, TubShowr, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: First
  • Kitchen Area: Breakfast Bar, Not Eat-In Kitchen
  • Kitchen Dim: 12x9
  • Kitchen Level: First
  • Living Room Dim: 13x13
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 8x4
  • Other Room1 Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Breakfast Room, Den, Dining Room, Kitchen, Laundry Room, Living Room, Office, Screened, Utility Room
  • Estimated Sq Ft: 1390
  • Phone: 973-539-8000

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Deck, Open Porch(es), Storm Door(s), Thermal Windows/Doors
  • Roof Description: Flat

Garage/Parking

  • Garage Description: Assigned, Attached Garage, Garage Door Opener, Garage Parking, Garage Under, InEntrnc
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Additional Parking, Concrete

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Billiards Room, Club House, Elevator, Exercise Room, Kitchen Facilities
  • Association Maintenance Fee: 687
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: Hillcrest
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 2.49 ACRES
  • Assessed Improvement Value: 240000
  • Assessed Land Value: 290000
  • Assessment: 530000
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 1.211
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.49

Rental Info

  • Application Fee: 1374
  • Pets Allowed: CatsOK, DogsOK, NumLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 15274
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-06004-0000-00001-0211-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.882
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Hillcrest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Jan 26, 2021
Sold by
Guirguis Fayez and Guirguis Hanaa
Bought by
Navigation Residence I Llc
Seller's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
Buyer's Agent
ELLEN WOHL
PROMINENT PROPERTIES SIR
List Price
$999,999
Sold Price
$1,025,000
Premium/Discount to List
$25,001
2.5%
Total Days on Market
38
Current Estimated Value
$1,110,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,909
Avg. Annual Appreciation
1.86%
Original Mortgage
$1,025,000
Outstanding Balance
$920,120
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$190,789
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 Buyer Sale Price Title Company
Navigation Residence I Llc $1,025,000 Pegasus Title Agency Llc
Navigation Residence I Llc $1,025,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navigation Residence I Llc $1,025,000
Closed Navigation Residence I Llc $1,025,000
Previous Owner Guirguis Fayez A $165,000
Previous Owner Guirguis Fayez A $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $1,025,000 +2.5% $737 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $999,999 -- $719 / 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 $18,308 $919,800 $437,500 $482,300
2023 $18,308 $630,000 $290,000 $340,000
2022 $15,222 $630,000 $290,000 $340,000
2021 $15,222 $530,000 $290,000 $240,000
2020 $15,280 $530,000 $290,000 $240,000
2019 $15,275 $530,000 $290,000 $240,000
2018 $15,079 $530,000 $290,000 $240,000
2017 $14,628 $530,000 $290,000 $240,000
2016 $14,252 $530,000 $290,000 $240,000
2015 $13,913 $530,000 $290,000 $240,000
2014 $13,759 $530,000 $290,000 $240,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    EUGENE KEVIN LONG

    WEICHERT REALTORS

  • E

    Buyer's Agent in 2021

    ELLEN WOHL

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3676131

Garden State MLS

APN: 24-06004-0000-00001-211

New Jersey Morris County Morristown 07960

40 W Park Place Unit 211, Morristown, NJ

This home is located at 40 W Park Place Unit 211, Morristown, NJ 07960 since 03 November 2020 and is currently estimated at $1,110,909, approximately $799 per square foot. This property was built in 2010. 40 W Park Place Unit 211 is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

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