NOT LISTED FOR SALE

40 W Park Place Unit 603 Morristown, NJ 07960

Estimated Value: $1,244,000 - $1,459,680

2 Beds
2 Baths
1,950 Sq Ft
$878/mo HOA Fee

Last Sold February 11, 2016

Last sale price $1,205,000 $618 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,918/month

139 Days on Market

Highlights

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

About This Home

As of February 2016

Open and Spacious Luxury Penthouse with 2BR and 2Bath & Den with 300 Sq. Ft. Terrace with BBQ Gas Line. Wonderful views offers the best of in-town living at Morristown's Premier Residence at 40 Park! Stunning Residence with Gourmet Kitchem. Cherry Cabinets with Granite Counters, Glass tile Backsplash, Viking Appliances and Wine Cooler. Hardwood Floors, Marble Baths, Master Closet with Shelving, built-in Surround Sound Speakers. Amenities also include Concierge Service, Fitness Center, Club Room and 2 Private Garage Parking Spaces. Close to great night life, Shopping, Dining and NYC Direct Train. . Don't delay to view this Premier Residence. The Chandeliers and the Patio Gas Grill and Patio Furniture are all included! The furniture on the inside of unit is not included with sale.

Last Agent to Sell the Property

EUGENE KEVIN LONG

WEICHERT REALTORS Listed on: 08/21/2015

Last Buyer's Agent

EUGENE KEVIN LONG

WEICHERT REALTORS Listed on: 08/21/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,066

Year Built

  • Built in 2010

Lot Details

  • 2.49

HOA Fees

  • $878 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Skyline Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Handicap Modified

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-06004-0000-00001-0603-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, trash collection, maintenance-common area

Amenities

  • Clubhouse
  • Billiard Room
  • Elevator

Recreation

  • Fitness Center

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,066

Year Built

Built in 2010

Lot Details

0

HOA Fees

$878 per month

Parking

2

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: Standing
  • County Name: Morris
  • Exclusions: All inside furniture and carpets are excluded.
  • Handicap Modified: Yes
  • Renovated Year: 2013
  • Street Number Display: 40
  • Directions: Rt. 287 to South Street to Dehart Street Parking Garage. Exit to Piazza Courtyard to entrance at back of building through Concierge Lobby
  • I D: 4562279
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: 40 Park
  • First Name: EUGENE KEVIN
  • First Name3: EUGENE KEVIN
  • Last Name: LONG
  • Last Name3: LONG
  • Office Phone: 973-216-3892
  • Office Phone3: 973-216-3892
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2013

Interior Features

  • Floor Number: 6
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: High Ceilings, Smoke Detector, Security System, Carbon Monoxide Detector, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Den Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 14x14
  • Kitchen Level: First
  • Living Room Dim: 20x16
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Living Room, Bath Main, Den, Kitchen, Porch, Utility Room, Bath(s) Other, Dining Room, Laundry Room
  • Estimated Sq Ft: 1950
  • Phone: 973-539-8000

Exterior Features

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

Garage/Parking

  • Garage Description: Assigned, Garage Parking
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Parking Lot-Exclusive, Assigned

Utilities

  • Cooling: Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: Cent Register Heat
  • Sewer: Public Sewer
  • Utilities: 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: 878
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: R

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: 70000
  • Assessed Land Value: 780000
  • Assessment: 850000
  • Easement: Unknown
  • Lot Description: Skyline View
  • Lot Identifier: 1.603
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.49
  • Zoning: CBD

Rental Info

  • Application Fee: 2195
  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 22066
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-06004-0000-00001-0603-
  • Tax Rate Amount: 2.596
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Hillcrest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2012
Closed on
Oct 25, 2012
Sold by
40 Park Llc
Bought by
Snyder Arthur and Snyder Jacquelyn
Seller's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
Buyer's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
Sold Price
$999,000
Current Estimated Value
$1,386,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,893
Avg. Annual Appreciation
2.56%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Snyder Arthur $999,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2016 02/11/16 Sold $1,205,000 -6.6% $618 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $1,290,000 +29.1% $662 / Sq Ft
10/25/2012 10/25/12 Sold $999,000 -- $512 / 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 $20,160 $1,280,000 $612,500 $667,500
2024 $24,701 $1,280,000 $612,500 $667,500
2023 $24,701 $850,000 $780,000 $70,000
2022 $24,412 $850,000 $780,000 $70,000
2021 $24,412 $850,000 $780,000 $70,000
2020 $24,506 $850,000 $780,000 $70,000
2019 $24,497 $850,000 $780,000 $70,000
2018 $24,183 $850,000 $780,000 $70,000
2017 $23,460 $850,000 $780,000 $70,000
2016 $22,857 $850,000 $780,000 $70,000
2015 $22,313 $850,000 $780,000 $70,000
2014 $22,066 $780,000 $780,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3247801

Garden State MLS

APN: 24-06004-0000-00001-603