NOT LISTED FOR SALE

40 W Park Place - Unit 315 Unit 315 Morristown Town, NJ 07960

Estimated Value: $679,966 - $877,000

1 Bed
1.5 Baths
-- Sq Ft
$469/mo HOA Fee

Last Sold March 03, 2017

Last sale price $550,000

Est. 40% increase in value since last sale

Current estimated payment $5,554/month

155 Days on Market

Highlights

  • Fitness Center
  • 2.49 Acre Lot
  • Den
  • Alfred Vail School Rated A-
  • Wood Flooring
  • 2-minute walk to Morristown Green

About This Home

As of March 2017

NYC Style Living on the Green in the Heart of Downtown Morristown! Modern 1 Bdrm., 1.1 bath w/ Den, on 3rd floor in Luxurious 40 Park Complex. Fantastic location allows you to walk to NYC direct train! Enjoy convenience of Concierge Service & Private Fitness Center. Entertain guests in the Private Club Room Lounge with full Catering Kitchen, Wide Screen TV's, oversized Gas Fireplace, and Billiards. Open floor plan style kitchen with stainless steel appliances, granite counter tops; breakfast bar opens to Family Room. Large double window. 1 Spacious Bedroom, 1 Den, Light & bright bathrooms. Master Bath includes seamless shower, large vanity and storage. Ample closets, Gleaming hardwood floors. Garage Parking, Deeded space #62

Last Agent to Sell the Property

MICHELLE PEREIRA

WEICHERT REALTORS Listed on: 09/06/2016

Last Buyer's Agent

MICHELLE PEREIRA

WEICHERT REALTORS Listed on: 09/06/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,347

Year Built

  • Built in 2010

Lot Details

  • 2.49

HOA Fees

  • $469 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Parking Lot
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-06004-0000-00001-0315-
  • Tax Block *

Community Details

Overview

  • High-Rise Condominium

Amenities

  • Elevator

Recreation

  • Fitness Center

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,347

Year Built

Built in 2010

Lot Details

0

HOA Fees

$469 per month

Parking

1

Listing Details

  • Style: Hi-Rise, One Floor Unit
  • Primary Style: Hi-Rise
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2010
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 40
  • Directions: 287 to exit 35, South Street towards Morristown Green. Above Roots, Starbucks. Entrance in rear.
  • I D: 4654952
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: 40 Park Place
  • First Name: MICHELLE
  • First Name3: MICHELLE
  • Last Name: PEREIRA
  • Last Name3: PEREIRA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Floor Number: 3
  • Appliances: Carbon Monoxide Detector, Refrigerator, OvnWGas, CookGas, Washer, Dishwasher, Disposal, Dryer, Microwave Oven
  • Interior Amenities: StallShw, Walk-In Closet, Fire Alarm Sys, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 4
  • Bedrooms: 1
  • Bedroom 1 Level: First
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Den Level: First
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 18x13
  • Living Room Level: First
  • Other Room 2: Bathroom
  • Level 1 Rooms: 1 Bedroom, Kitchen, Powder Room, Den, Bath Main
  • Phone: 973-539-8000

Exterior Features

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

Garage/Parking

  • Garage Description: Assigned, Attached Garage, Garage Under
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Parking Lot-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Elevator, Exercise Room
  • Association Maintenance Fee: 469
  • Association Maintenance Fee Frequency: Monthly

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: 98000
  • Assessed Land Value: 220000
  • Assessment: 318000
  • Easement: Unknown
  • Lot Identifier: 1.315
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.49
  • Zoning: CBD

Rental Info

  • Application Fee: 1333
  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 8347
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-06004-0000-00001-0315-
  • Tax Rate Amount: 2.625
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: ThomasJeff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Mar 3, 2017
Sold by
Lo Keith J and Carneiro Mayara
Bought by
Mendez Paula F
Seller's Agent
MICHELLE PEREIRA
WEICHERT REALTORS
Buyer's Agent
MICHELLE PEREIRA
WEICHERT REALTORS
List Price
$614,999
Sold Price
$550,000
Premium/Discount to List
-$64,999
-10.57%
Total Days on Market
155
Current Estimated Value
$768,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,742
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Jul 20, 2010
Sold by
40 Park Llc
Bought by
Lo Keith J
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 Buyer Sale Price Title Company
Mendez Paula F $550,000 Title Lines
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $550,000 -10.6% --
02/08/2017 02/08/17 Pending -- -- --
09/06/2016 09/06/16 For Sale $614,999 -- --
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 $9,241 $612,700 $350,000 $262,700
2023 $9,241 $318,000 $220,000 $98,000
2022 $9,133 $318,000 $220,000 $98,000
2021 $9,133 $318,000 $220,000 $98,000
2020 $9,168 $318,000 $220,000 $98,000
2019 $9,165 $318,000 $220,000 $98,000
2018 $9,047 $318,000 $220,000 $98,000
2017 $8,777 $318,000 $220,000 $98,000
2016 $8,551 $318,000 $220,000 $98,000
2015 $8,348 $318,000 $220,000 $98,000
2014 $8,255 $318,000 $220,000 $98,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MICHELLE PEREIRA

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3333475

Garden State MLS

APN: 24-06004-0000-00001-315

New Jersey Morris County Morristown 07960

40 W Park Place - Unit 315 Unit 315, Morristown, NJ

This home is located at 40 W Park Place - Unit 315 Unit 315, Morristown Town, NJ 07960 since 06 September 2016 and is currently estimated at $768,742. This property was built in 2010. 40 W Park Place - Unit 315 Unit 315 is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

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