$1,200,000
SOLD SEP 22, 2023

40 W Park Place Unit 604 Morristown, NJ 07960

2 Beds
2 Baths
1,730 Sq Ft
2.49 Acres

Recently Sold

$694 Per Sq Ft

17% Below List Price

113 Days on Market

About This Home

As of September 2023

This home is located at 40 W Park Place Unit 604, Morristown, NJ 07960 and is currently priced at $1,200,000, approximately $693 per square foot. This property was built in 2010. 40 W Park Place Unit 604 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

EUGENE KEVIN LONG

WEICHERT REALTORS Brokerage Phone: 973-539-8000 Listed on: 05/08/2023

Last Buyer's Agent

MARTHA MORITZ

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,091

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

$19,091

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Year Built: 2010
  • County Name: Morris
  • Street Number Display: 40
  • I D: 5219874
  • Modified: 2024-09-23
  • Number Images: 1
  • Attribution Contact: 973-539-8000
  • 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
May 8, 2023
Closed on
Sep 20, 2023
Sold by
Some Rochelle L
Bought by
Walia Niti
Seller's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
Buyer's Agent
MARTHA MORITZ
COLDWELL BANKER REALTY
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%
Views
250
Current Estimated Value
$1,377,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,827
Avg. Annual Appreciation
6.63%

Purchase Details

Listed on
Nov 15, 2013
Closed on
Oct 16, 2013
Sold by
Holloway Jean F and Nahum Avi
Bought by
Some Rochelle L
Seller's Agent
Susan Dalgleish
COLDWELL BANKER REALTY
Buyer's Agent
Susan Dalgleish
COLDWELL BANKER REALTY
Sold Price
$961,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%

Purchase Details

Closed on
May 15, 2012
Sold by
40 Park Llc
Bought by
Holloway Jean F and Nahum Avi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,250
Interest Rate
4.01%
Mortgage Type
New Conventional
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 $1,200,000 Realsafe Title
Bargain Sale Deed $961,000 Fidelity National Title Ins
Deed $950,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $453,101 Adjustable Rate Mortgage/ARM
Previous Owner $303,964 Adjustable Rate Mortgage/ARM
Previous Owner $625,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $1,200,000 -9.4% $694 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $1,325,000 -4.3% $766 / Sq Ft
07/28/2023 07/28/23 Price Changed $1,385,000 -4.5% $801 / Sq Ft
05/08/2023 05/08/23 For Sale $1,450,000 +50.9% $838 / Sq Ft
11/15/2013 11/15/13 Sold $961,000 -- $555 / 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
2025 $19,091 $1,212,100 $612,500 $599,600
2024 $23,736 $1,212,100 $612,500 $599,600
2023 $23,736 $816,800 $650,000 $166,800
2022 $23,459 $816,800 $650,000 $166,800
2021 $23,459 $816,800 $650,000 $166,800
2020 $23,548 $816,800 $650,000 $166,800
2019 $23,540 $816,800 $650,000 $166,800
2018 $23,238 $816,800 $650,000 $166,800
2017 $22,544 $816,800 $650,000 $166,800
2016 $21,964 $816,800 $650,000 $166,800
2015 $21,441 $816,800 $650,000 $166,800
2014 $21,204 $650,000 $650,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3842916

Garden State MLS

APN: 24-06004-0000-00001-604