$1,630,000
SOLD JUN 1, 2021

40 W Park Place Unit 605 Morristown, NJ 07960

2 Beds
3 Baths
2,728 Sq Ft
$1,322/mo HOA Fee

Recently Sold

$598 Per Sq Ft

12% Below List Price

225 Days on Market

Highlights

  • Fitness Center
  • Home Theater
  • Skyline View
  • Alfred Vail School Rated A-
  • Sitting Area In Primary Bedroom
  • 1-minute walk to Morristown Green

About This Home

As of June 2021

Spectacular views from this one-of-a-kind 1500 Sq. Ft. Terrace Overlooking the Historic Morristown Green. Incredible corner location with 2 BR and 3 Full Baths with over 2700 Sq. Ft of living space. Endless possibilities for indoor and outdoor entertaining. This penthouse has six sliding glass or French doors from the Master Bedroom, Guest Bedroom, Living Room, Dining Room, and Breakfast Room that lead to the terrace, adding light and brightness to the living space. Gourmet kitchen with Viking Stainless Appliances, Granite Countertops, and separate Breakfast Room. Brazilian Cherry Floors, Spacious Walk-In Closets, and Bonus Room with privacy and a separate entrance, that can be used for a variety of uses. Concierge lobby is on duty 365 days a year, Private garage with Deeded 2-Spaces.

Last Agent to Sell the Property

EUGENE KEVIN LONG

WEICHERT REALTORS Listed on: 09/17/2020

Last Buyer's Agent

CYNTHIA KIRCHNER

BHHS - NEW JERSEY PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,091

Year Built

  • Built in 2010

HOA Fees

  • $1,322 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Inside Entrance
  • Garage Door Opener
  • Additional Parking
  • Parking Lot

Property Views

  • Skyline
  • Mountain

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,728 Sq Ft Home
  • 1-Story Property
  • Sound System
  • High Ceiling
  • Thermal Windows
  • Great Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Utility Room
  • Front Basement Entry
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Thomasjeff Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-06004-0000-00001-0605-
  • Tax Block *

Community Details

Overview

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

$38,091

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,322 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
  • Possible Other Uses: Home-Office
  • Street Number Display: 40
  • Directions: Rt. 287, Exit 35. Right to South St. to Dehart St. Parking Garage. Exit to Piazza Courtyard entrance at back of building, proceed to Concierge Lobby.
  • I D: 5016828
  • Modified: 2022-06-02
  • Number Images: 25
  • Section Subdiv Development: 40 Park
  • First Name: EUGENE KEVIN
  • First Name3: CYNTHIA
  • Last Name: LONG
  • Last Name3: KIRCHNER
  • Office Phone: 973-216-3892
  • Office Phone3: 908-580-5000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Marble, Wood
  • Floor Number: 6
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer, WineRefr
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Fire Alarm Sys, Fire Extinguisher, High Ceilings, Intercom, Security System, Smoke Detector, StallTub, Stereo System, Walk-In Closet
  • Number Rooms: 7
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 15x12
  • Kitchen Level: First
  • Living Room Dim: 24x15
  • Living Room Level: First
  • Other Room 1: Media Room
  • Other Room1 Dim: 14x11
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 10x8
  • Other Room2 Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Breakfast Room, Den, Dining Room, Entrance Vestibule, Family Room, Great Room, Kitchen, Laundry Room, Living Room, Media Room, Office, RecRoom, Utility Room
  • Estimated Sq Ft: 2728
  • Phone: 973-539-8000

Exterior Features

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

Garage/Parking

  • Garage Description: Assigned, Garage Door Opener, Garage Parking, Garage Under, InEntrnc
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Additional Parking, Assigned, Hard Surface, Parking Lot-Exclusive

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, 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: 1322
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior

Fee Information

  • Other Fee Freqency: One Time

Schools

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

Lot Info

  • Lot Size: 2.49 ACRES
  • Assessed Improvement Value: 281700
  • Assessed Land Value: 1040000
  • Assessment: 1321700
  • Easement: Unknown
  • Lot Description: Mountain View, Skyline View
  • Lot Identifier: 1.605
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.49

Rental Info

  • Application Fee: 2590
  • Pets Allowed: CatsOK, DogsOK, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 38091
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-06004-0000-00001-0605-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.882
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: ThomasJeff

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
Buyer's Agent
CYNTHIA KIRCHNER
BHHS - NEW JERSEY PROPERTIES
List Price
$1,849,000
Sold Price
$1,630,000
Premium/Discount to List
-$219,000
-11.84%
Total Days on Market
225
Current Estimated Value
$2,009,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,517
Avg. Annual Appreciation
5.32%
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
Buyer's Agent
CYNTHIA KIRCHNER
BHHS - NEW JERSEY PROPERTIES
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
2.34%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,630,000 --
Deed $1,630,000 Simplicity Title Llc
Bargain Sale Deed $1,555,000 Able Title Agency
Deed $1,500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $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

See All Agents

Map

Source: Garden State MLS

MLS Number: 3664882

Garden State MLS

APN: 24-06004-0000-00001-605