NOT LISTED FOR SALE

40 W Park Place Unit 607 Morristown, NJ 07960

Estimated Value: $2,300,000 - $2,456,000

2 Beds
3 Baths
2,584 Sq Ft
$926/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $2,300,000 $890 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $14,745/month

66 Days on Market

About This Home

As of October 2024

This home is located at 40 W Park Place Unit 607, Morristown, NJ 07960 since 11 June 2024 and is currently estimated at $2,393,174, approximately $926 per square foot. This property was built in 2010. 40 W Park Place Unit 607 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: 06/11/2024

Last Buyer's Agent

Michael Giacalone

RE/MAX HOUSE VALUES

RE/MAX HOUSE VALUES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,131

Year Built

  • Built in 2010

Lot Details

  • 2.49

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,131

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Year Built: 2010
  • County Name: Morris
  • I D: 5293292
  • Attribution Contact: 973-539-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Sep 30, 2024
Sold by
Farrell Collen T and Harden Richard C
Bought by
Cohen Michael and Cohen Daphne
Seller's Agent
EUGENE KEVIN LONG
WEICHERT REALTORS
Buyer's Agent
Michael Giacalone
RE/MAX HOUSE VALUES
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Views
65
Current Estimated Value
$2,393,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,174
Avg. Annual Appreciation
3.89%
Source: Public Records

Range of Values:

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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
Cohen Michael $2,300,000 Evident Title Agency
Cohen Michael $2,300,000 Evident Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $2,300,000 -8.0% $890 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $2,500,000 -- $967 / 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 $25,131 $1,595,600 $700,000 $895,600
2024 $37,176 $1,595,600 $700,000 $895,600
2023 $37,176 $1,279,300 $940,000 $339,300
2022 $36,742 $1,279,300 $940,000 $339,300
2021 $36,742 $1,279,300 $940,000 $339,300
2020 $36,882 $1,279,300 $940,000 $339,300
2019 $36,869 $1,279,300 $940,000 $339,300
2018 $36,396 $1,279,300 $940,000 $339,300
2017 $35,309 $1,279,300 $940,000 $339,300
2016 $34,400 $1,279,300 $940,000 $339,300
2015 $33,582 $1,279,300 $940,000 $339,300
2014 $33,211 $1,279,300 $940,000 $339,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    EUGENE KEVIN LONG

    WEICHERT REALTORS

  • Michael Giacalone

    Buyer's Agent in 2024

    Michael Giacalone

    RE/MAX

    (201) 874-4918

    7 in this area

    83 Total Sales

    Michael Giacalone
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Map

Source: Garden State MLS

MLS Number: 3907059

Garden State MLS

APN: 24-06004-0000-00001-607

New Jersey Morris County Morristown 07960

40 W Park Place Unit 607, Morristown, NJ

This home is located at 40 W Park Place Unit 607, Morristown, NJ 07960 since 11 June 2024 and is currently estimated at $2,393,174, approximately $926 per square foot. This property was built in 2010. 40 W Park Place Unit 607 is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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