NOT LISTED FOR SALE

Vail Commons 7 Prospect St Unit 308 Morristown, NJ 07960

Estimated Value: $420,000 - $483,000

1 Bed
1 Bath
-- Sq Ft
$416/mo HOA Fee

Last Sold July 22, 2022

Last sale price $349,900

Est. 28% increase in value since last sale

Current estimated payment $3,346/month

9 Days on Market

Highlights

  • Porch
  • Walk-In Closet
  • 1-Story Property
  • Hillcrest School Rated A-
  • Living Room
  • 3-minute walk to The Morristown Green

About This Home

As of July 2022

Stunning turn key condo waiting for you in the heart of Morristown! Kitchen features granite countertops w/ SS appliances. Spacious bedroom with oversized walk in closet & custom shelving. HW flooring, freshly painted, & tons of updates throughout. Complete smart home, custom automatic blinds on all windows & balcony door. No expense spared! Close to train, shops, restaurants & more! Don't miss out on this great opportunity!

Last Agent to Sell the Property

SAMANTHA LEE BARNETT

COMPASS NEW JERSEY, LLC Listed on: 06/06/2022

Last Buyer's Agent

DEAN RAGO

GODBY REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,504

Year Built

  • Built in 2008

Lot Details

  • 10,803

HOA Fees

  • $416 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Blinds
  • Living Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Porch

Schools

  • A.Hamilton Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Heat Pump System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2324-05801-0000-00003-0308-
  • Tax Block *

Community Details

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,504

Year Built

Built in 2008

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2008
  • Year Built Description: Approximate
  • County Name: Morris
  • Renovated Year: 2
  • Street Number Display: 7
  • Directions: Washington to Cattano left on Prospect
  • I D: 5156088
  • Modified: 2023-07-23
  • Number Images: 17
  • First Name: SAMANTHA
  • First Name3: DEAN
  • Last Name: GERHOLD
  • Last Name3: RAGO
  • Office Phone: 973-532-4429
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 4
  • Bedrooms: 1
  • Master Bedroom Desc: 1st Floor, Walk-In Closet
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Galley Type, Separate Dining Area
  • Kitchen Dim: 9x4
  • Kitchen Level: First
  • Living Room Dim: 18x15
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Kitchen, Living Room

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Open Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Assigned, On-Street Parking
  • Parking Driveway Description: Assigned, On-Street Parking, Parking Lot-Exclusive

Utilities

  • Cooling: Heatpump
  • Fuel Type: Gas-Natural
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 416
  • Association Maintenance Fee Frequency: Monthly

Schools

  • Elementary School: A.Hamilton
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Assessed Improvement Value: 120000
  • Assessed Land Value: 175000
  • Assessment: 295000
  • Lot Identifier: 3.308
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8504
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-05801-0000-00003-0308-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.872
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: A.Hamilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 20, 2022
Sold by
John Herdman Christopher
Bought by
Glickman Jessica
Seller's Agent
SAMANTHA LEE BARNETT
COMPASS NEW JERSEY, LLC
Buyer's Agent
DEAN RAGO
GODBY REALTORS
List Price
$365,000
Sold Price
$349,900
Premium/Discount to List
-$15,100
-4.14%
Current Estimated Value
$448,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,765
Avg. Annual Appreciation
8.08%
Original Mortgage
$279,900
Outstanding Balance
$266,771
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$181,894

Purchase Details

Listed on
Jul 13, 2019
Closed on
Aug 29, 2019
Sold by
Pituch John A
Bought by
Herdman Christopher John
Seller's Agent
Mark Werner
WERNER REALTY
Buyer's Agent
Mark Werner
WERNER REALTY
List Price
$348,900
Sold Price
$332,500
Premium/Discount to List
-$16,400
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%
Original Mortgage
$265,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2012
Sold by
Pituch John T and Pituch Joann
Bought by
Pituch John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Glickman Jessica $349,900 Katirachi Shiva
Glickman Jessica $349,900 Katirachi Shiva
Herdman Christopher John $332,500 Chicago Title Insurance Co
Pituch John A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glickman Jessica $279,900
Closed Glickman Jessica $279,900
Previous Owner Herdman Christopher John $265,000
Previous Owner Pituch John A $234,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $349,900 -4.1% --
06/15/2022 06/15/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $365,000 +9.8% --
08/30/2019 08/30/19 Sold $332,500 -4.7% $347 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $348,900 -- $364 / 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 $6,606 $419,400 $215,000 $204,400
2024 $8,573 $419,400 $215,000 $204,400
2023 $8,573 $295,000 $175,000 $120,000
2022 $8,472 $295,000 $175,000 $120,000
2021 $8,472 $295,000 $175,000 $120,000
2020 $8,505 $295,000 $175,000 $120,000
2019 $8,502 $295,000 $175,000 $120,000
2018 $8,393 $295,000 $175,000 $120,000
2017 $8,142 $295,000 $175,000 $120,000
2016 $7,933 $295,000 $175,000 $120,000
2015 $7,744 $295,000 $175,000 $120,000
2014 $7,658 $295,000 $175,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    SAMANTHA LEE BARNETT

    COMPASS NEW JERSEY, LLC

  • D

    Buyer's Agent in 2022

    DEAN RAGO

    GODBY REALTORS

  • Mark Werner

    Seller's Agent in 2019

    Mark Werner

    WERNER REALTY

    (973) 390-0583

    495 Total Sales

    Mark Werner
    Section Image
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About Vail Commons

Map

Source: Garden State MLS

MLS Number: 3787075

Garden State MLS

APN: 24-05801-0000-00003-308

New Jersey Morris County Morristown 07960

7 Prospect St Unit 308, Morristown, NJ

This home is located at 7 Prospect St Unit 308, Morristown, NJ 07960 since 06 June 2022 and is currently estimated at $448,665. This property was built in 2008. 7 Prospect St Unit 308 is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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