$749,000
PENDING

40 W Park Place Unit 404 Morristown, NJ 07960

Estimated payment $5,475/month

Total Views 22,218
1 Bed
1.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Fitness Center
  • 2.49 Acre Lot
  • Wood Flooring
  • Hillcrest School Rated A-
  • Clubhouse
  • 1-minute walk to Morristown Green

About This Home

Modern Luxury Living in the Heart of MorristownExperience sophisticated living in this stunning 1 Bedroom, 1.5 Bath residence located in one of New Jersey's premier buildings. Professionally designed interiors feature dark hardwood floors, soaring ceilings, and an open floor plan ideal for both everyday living and entertaining. The newly renovated chef-inspired kitchen boasts sleek quartz countertops, stainless steel appliances, and abundant cabinetry. A spacious living and dining area flows seamlessly for hosting guests, while the den offers versatility as a home office or guest room. The sun-filled primary suite includes a generous walk-in closet with custom organization and a luxurious en-suite bath. Residents enjoy resort-style amenities including 365-day concierge service, state-of-the-art fitness center, elegant lounge with fireplace, kitchen/bar, and billiards. A private garage with an assigned parking space adds convenience. Perfectly positioned, this home is just steps from vibrant downtown Morristown's shopping, dining, Mayo Performing Arts Center, and direct train service to NYC. Don't miss this exceptional opportunity to combine modern comfort with urban convenience!

Listing Agent

Francine Lauri

CORCORAN SAWYER SMITH Brokerage Phone: 201-653-8000 Listed on: 09/03/2025

CORCORAN SAWYER SMITH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,160

Year Built

  • Built in 2010

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • Thermal Windows
  • Blinds
  • Wood Flooring
  • Dryer

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Separate Shower

Home Security

Schools

  • Thomasjeff 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 2324-06004-0000-00001-0404-

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, water fees

Amenities

  • Clubhouse
  • Billiard Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,160

Year Built

Built in 2010

Lot Details

0

HOA Fees

$700 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2010
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: personal property
  • Directions: South Street to DeHart Street. metered street parking.
  • I D: 5382491
  • Section Subdiv Development: 40 Park
  • Attribution Contact: 201-653-8000
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Blinds, High Ceilings, Smoke Detector, Walk-In Closet
  • Bedrooms: 1
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Den Level: First
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: PowderRm
  • Other Room 2: Bathroom

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Sidewalk, Thermal Windows/Doors
  • Roof Description: Flat

Garage/Parking

  • Garage Description: Garage Door Opener, Garage Parking, Garage Under
  • Number Garage Spaces: 1
  • Parking Driveway Description: Assigned

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Electric, 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: 700
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Water Fees

Schools

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

Lot Info

  • Lot Size: 2.49 ACRES
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.49

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 10160
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-06004-0000-00001-0404-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.575
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: ThomasJeff

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $10,160 $645,100 $367,500 $277,600
2024 $10,752 $645,100 $367,500 $277,600
2023 $10,752 $370,000 $220,000 $150,000
2022 $10,626 $370,000 $220,000 $150,000
2021 $10,626 $370,000 $220,000 $150,000
2020 $10,667 $370,000 $220,000 $150,000
2019 $10,663 $370,000 $220,000 $150,000
2018 $10,527 $370,000 $220,000 $150,000
2017 $10,212 $370,000 $220,000 $150,000
2016 $9,949 $370,000 $220,000 $150,000
2015 $9,713 $370,000 $220,000 $150,000
2014 $9,605 $370,000 $220,000 $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2025 09/12/25 Pending -- -- --
09/03/2025 09/03/25 For Sale $749,000 0.0% --
10/28/2024 10/28/24 Off Market $4,450 -- --
09/25/2024 09/25/24 For Rent $4,450 0.0% --
03/07/2019 03/07/19 Sold $570,000 -1.7% $523 / Sq Ft View Prior Sale
02/05/2019 02/05/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $580,000 -- $532 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $570,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $456,000 New Conventional
Source: Public Records

About the Listing Agent

Francine Lauri

CORCORAN SAWYER SMITH

(201) 613-9071

Section Image

I'm an expert real estate agent with SAWYER SMITH RESIDENTIAL BROKERAGE in Hudson, Essex, Morris, Union, Hunterdon, and Somerset counties in ,NJ providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

click on the link below to

Francine's Other Listings

  • 20 Hatfield St, Caldwell, NJ 07006

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    • 2 Baths
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    Prime Location " Endless Potential! Nestled in a highly sought-after neighborhood, this property offers unbeatable convenience just steps to public transportation and an easy walk to the local grammar school. The home is ready for your vision and creativity, making it a perfect renovation project. Sold strictly AS IS, with no credits or repairs. Whether you're an investor or a buyer looking to

    Francine Lauri CORCORAN SAWYER SMITH

    Section Image

Source: Garden State MLS

MLS Number: 3984712

Garden State MLS

APN: 24-06004-0000-00001-404