$1,040,000
SOLD JAN 20, 2025

40 W Park Place Unit 411 Morristown, NJ 07960

2 Beds
2 Baths
1,380 Sq Ft
2.49 Acres

Recently Sold

$754 Per Sq Ft

5% Below List Price

15 Days on Market

About This Home

As of January 2025

This home is located at 40 W Park Place Unit 411, Morristown, NJ 07960 and is currently priced at $1,040,000, approximately $753 per square foot. This property was built in 2010. 40 W Park Place Unit 411 is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Last Agent to Sell the Property

ROBERT W. VAN DER WENDE

BHHS VAN DER WENDE PROPERTIES Brokerage Phone: 973-226-0333 Listed on: 11/18/2024

Co-Listed By

ALEXA M. BENAVENTE

BHHS VAN DER WENDE PROPERTIES Brokerage Phone: 973-226-0333

Last Buyer's Agent

ROBERT W. VAN DER WENDE

BHHS VAN DER WENDE PROPERTIES Brokerage Phone: 973-226-0333 Listed on: 11/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,389

Year Built

  • Built in 2010

Lot Details

  • 2.49 Acre Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,389

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Year Built: 2010
  • County Name: Morris
  • I D: 5324858
  • Attribution Contact: 973-226-0333
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 2.49 ACRES
  • Total Acres: 2.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Jan 8, 2025
Sold by
Vander Wende Robert and Benavente Alexa
Bought by
Zinckgraf Thomas P
Seller's Agent
ROBERT W. VAN DER WENDE
BHHS VAN DER WENDE PROPERTIES
Buyer's Agent
ROBERT W. VAN DER WENDE
BHHS VAN DER WENDE PROPERTIES
List Price
$1,100,000
Sold Price
$1,040,000
Premium/Discount to List
-$60,000
-5.45%
Views
34
Current Estimated Value
$1,079,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,093
Avg. Annual Appreciation
4.91%
Original Mortgage
$155,890
Outstanding Balance
$154,763
Interest Rate
6.6%
Estimated Equity
$924,330

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 30, 2021
Sold by
Andrew L Kovach Trust and Cindy J Kovach Trust
Bought by
Vander Wende Robert and Benavente Alexa
Seller's Agent
GEORGENE BENNETT
WEICHERT REALTORS
Buyer's Agent
ALEXA M. BENAVENTE
BHHS VAN DER WENDE PROPERTIES
List Price
$870,000
Sold Price
$860,000
Premium/Discount to List
-$10,000
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$645,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2015
Sold by
Kovach Andrew L and Kovach Cindy J
Bought by
The Andrew L Kovach Trust and Kovach Cindy J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $1,040,000 Stewart Title
Deed $1,040,000 Stewart Title
Deed $860,000 Old Republic Title
Deed $860,000 Old Republic Title
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,890 No Value Available
Closed $155,890 No Value Available
Open $780,000 New Conventional
Closed $780,000 New Conventional
Previous Owner $645,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2025 01/20/25 Sold $1,040,000 -5.5% $754 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $1,100,000 +27.9% $797 / Sq Ft
12/02/2021 12/02/21 Sold $860,000 -1.1% $623 / Sq Ft View Prior Sale
10/07/2021 10/07/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $870,000 +26.3% $630 / Sq Ft
02/08/2012 02/08/12 Sold $688,739 -- $499 / Sq Ft View Prior Sale
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
2025 $14,389 $913,600 $437,500 $476,100
2024 $15,402 $913,600 $437,500 $476,100
2023 $15,402 $530,000 $300,000 $230,000
2022 $15,220 $530,000 $300,000 $230,000
2021 $15,220 $530,000 $300,000 $230,000
2020 $15,280 $530,000 $300,000 $230,000
2019 $15,275 $530,000 $300,000 $230,000
2018 $15,079 $530,000 $300,000 $230,000
2017 $14,628 $530,000 $300,000 $230,000
2016 $14,252 $530,000 $300,000 $230,000
2015 $13,913 $530,000 $300,000 $230,000
2014 $13,759 $530,000 $300,000 $230,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    ROBERT W. VAN DER WENDE

    BHHS VAN DER WENDE PROPERTIES

  • A

    Seller Co-Listing Agent in 2025

    ALEXA M. BENAVENTE

    BHHS VAN DER WENDE PROPERTIES

  • G

    Seller's Agent in 2021

    GEORGENE BENNETT

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3935011

Garden State MLS

APN: 24-06004-0000-00001-411

New Jersey Morris County Morristown 07960

40 W Park Place Unit 411, Morristown, NJ

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