NOT LISTED FOR SALE

40 W Park Place Unit 605 Morristown, NJ 07960

Estimated Value: $1,922,000 - $2,469,866

2 Beds
3 Baths
2,728 Sq Ft
$827/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $1,630,000 $598 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $14,262/month

225 Days on Market

About This Home

As of June 2021

This home is located at 40 W Park Place Unit 605, Morristown, NJ 07960 since 17 September 2020 and is currently estimated at $2,255,217, approximately $826 per square foot. This property was built in 2010. 40 W Park Place Unit 605 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: 09/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,666

Year Built

  • Built in 2010

Lot Details

  • 2.49 Acre Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,666

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Year Built: 2010
  • County Name: Morris
  • Street Number Display: 40
  • I D: 5016828
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 973-539-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 2.49 ACRES
  • Total Acres: 2.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Jul 1, 2021
Sold by
Keenan Aileen A and Seay William R
Bought by
Kern Brian
Seller's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
List Price
$1,849,000
Sold Price
$1,630,000
Premium/Discount to List
-$219,000
-11.84%
Current Estimated Value
$2,255,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,217
Avg. Annual Appreciation
7.69%
Interest Rate
2.98%

Purchase Details

Listed on
Sep 17, 2020
Closed on
May 27, 2021
Sold by
Seay William R and Keenan Aileen A
Bought by
Kern Brian
Seller's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
List Price
$1,849,000
Sold Price
$1,630,000
Premium/Discount to List
-$219,000
-11.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.98%

Purchase Details

Closed on
Apr 23, 2014
Sold by
Boissonneault Terri and Boissonneault Roger
Bought by
Seay William R and Keenan Aileen A

Purchase Details

Listed on
Oct 22, 2012
Closed on
Oct 22, 2012
Sold by
40 Park Llc Co
Bought by
Boissonneault Terri
Seller's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
Buyer's Agent
THOMAS STRETTON
KL SOTHEBY'S INT'L. REALTY
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Kern Brian $1,630,000 --
Kern Brian $1,630,000 Simplicity Title Llc
Seay William R $1,555,000 Able Title Agency
Boissonneault Terri $1,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kern Brian --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $1,630,000 -8.1% $598 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
11/06/2020 11/06/20 Price Changed $1,774,000 -4.1% $650 / Sq Ft
09/17/2020 09/17/20 For Sale $1,849,000 +23.3% $678 / Sq Ft
10/22/2012 10/22/12 Sold $1,500,000 -- $550 / 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 $27,666 $1,756,600 $787,500 $969,100
2024 $38,409 $1,756,600 $787,500 $969,100
2023 $38,409 $1,321,700 $1,040,000 $281,700
2022 $37,959 $1,321,700 $1,040,000 $281,700
2021 $37,959 $1,321,700 $1,040,000 $281,700
2020 $38,105 $1,321,700 $1,040,000 $281,700
2019 $38,091 $1,321,700 $1,040,000 $281,700
2018 $37,602 $1,321,700 $1,040,000 $281,700
2017 $36,479 $1,321,700 $1,040,000 $281,700
2016 $35,541 $1,321,700 $1,040,000 $281,700
2015 $34,695 $1,321,700 $1,040,000 $281,700
2014 -- $1,040,000 $1,040,000 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    EUGENE KEVIN LONG

    WEICHERT REALTORS

  • T

    Buyer's Agent in 2012

    THOMAS STRETTON

    KL SOTHEBY'S INT'L. REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3664882

Garden State MLS

APN: 24-06004-0000-00001-605

New Jersey Morris County Morristown 07960

40 W Park Place Unit 605, Morristown, NJ

This home is located at 40 W Park Place Unit 605, Morristown, NJ 07960 since 17 September 2020 and is currently estimated at $2,255,217, approximately $826 per square foot. This property was built in 2010. 40 W Park Place Unit 605 is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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