$860,000
SOLD DEC 2, 2021

40 W Park Place Unit 411 Morristown, NJ 07960

2 Beds
2 Baths
1,380 Sq Ft
$664/mo HOA Fee

Recently Sold

$623 Per Sq Ft

1% Below List Price

24 Days on Market

Highlights

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

About This Home

As of January 2025

Enjoy the lifestyle in one of NJ's premier buildings. This light and bright 2 bedrooms, 2 baths, plus den (could be used as 3rd bedroom) is in one of the best locations in the building. Outstanding views of Historical Morristown Green from every window. Desirable open floor plan with designer kitchen, stainless appliances, granite counters & more. Bedrooms are on opposite sides for privacy. Striking marble master bath with double sinks, jetted tub, shower & all the features you could desire. Enjoy 24/7 Concierge service 365 days of the year. Clubhouse, with a glass front fireplace, lounge with billiards, gym, catering kitchen for residents' entertaining & building hosted events are some of the wonderful amenities. Also there are 2 deeded parking spaces, 92 and 93 in garage. LIFESTYLE, LUXURY, LOCATION!

Last Agent to Sell the Property

GEORGENE BENNETT

WEICHERT REALTORS Listed on: 09/13/2021

Last Buyer's Agent

ALEXA M. BENAVENTE

BHHS VAN DER WENDE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,279

Year Built

  • Built in 2010

HOA Fees

  • $664 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Parking Lot
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Thermal Windows
  • Window Treatments
  • Living Room
  • Formal Dining Room
  • Den
  • Skyline Views
  • Intercom

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2324-06004-0000-00001-0411-
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse
  • Billiard Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,279

Year Built

Built in 2010

Lot Details

0

HOA Fees

$664 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
  • Street Number Display: 40
  • Directions: Rt. 287 to exit 35 right to South St. to Dehart St. Public Parking Garage
  • I D: 5101480
  • Modified: 2022-12-03
  • Number Images: 26
  • Section Subdiv Development: 40 Place Place
  • First Name: GEORGENE
  • First Name3: ALEXA M.
  • First Name4: ROBERT W.
  • Last Name: BENNETT
  • Last Name3: BENAVENTE
  • Last Name4: VAN DER WENDE
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Marble, Tile, Wood
  • Floor Number: 4
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Refrigerator, OvnWElec, Washer
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Fire Extinguisher, High Ceilings, Intercom, Security System, Smoke Detector, StallTub, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: First
  • Primary Bathroom Features: Jetted 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, Center Island
  • Kitchen Dim: 12x8
  • Kitchen Level: First
  • Living Room Dim: 19x14
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Den, Dining Room, Kitchen, Laundry Room, Living Room
  • Estimated Sq Ft: 1380
  • Phone: 973-539-8000

Exterior Features

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

Garage/Parking

  • Garage Description: Assigned, Finished Garage, Garage Door Opener, Garage Parking, Garage Under
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Concrete, Off-Street Parking, Parking Lot-Exclusive

Utilities

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

Condo/Co-op/Association

  • Amenities: Billiards Room, Club House, Elevator, Exercise Room, Kitchen Facilities
  • Association Maintenance Fee: 664
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: R
  • Other Fees: 27

Schools

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

Lot Info

  • Lot Size: 2.49 ACRES
  • Assessed Improvement Value: 230000
  • Assessed Land Value: 300000
  • Assessment: 530000
  • Easement: Unknown
  • Lot Description: Level Lot, Skyline View
  • Lot Identifier: 1.411
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.49
  • Zoning: Residential

Rental Info

  • Application Fee: 1328
  • Pets Allowed: CatsOK, DogsOK, NumLimit, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 15279
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-06004-0000-00001-0411-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.883
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

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
$1,033,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,462
Avg. Annual Appreciation
-1.19%
Original Mortgage
$155,890
Outstanding Balance
$155,613
Interest Rate
6.6%
Estimated Equity
$877,925

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 30, 2021
Sold by
Andrew L 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

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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 $1,040,000 Stewart Title
Deed $1,040,000 Stewart 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
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 $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

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Map

Source: Garden State MLS

MLS Number: 3740191

Garden State MLS

APN: 24-06004-0000-00001-411