$389,000
PENDING

Vail Commons 7 Prospect St Unit 510 Morristown, NJ 07960

Estimated payment $3,112/month

Total Views 13,336
1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Fitness Center
  • Deck
  • Home Gym
  • Alfred Vail School Rated A-
  • Wood Flooring
  • 3-minute walk to The Morristown Green

About This Home

The best of in-town living! This fabulous 5th floor condo is situated in the heart of trendy Morristown plus boasts lovely features throughout! The security building offers 2 entrances plus elevator access for easy living. The Living Room boasts crown molding & hardwood flooring plus door leading to balcony offering wonderful "in-town" outside space! Bedroom, with crown molding & wall-to-wall carpet boasts a huge walk-in closet featuring California Closet design with built-in desk area. The Kitchen offers SS appliances, ceramic tile flooring & backsplash, raised-panel wood cabinets & Caesarstone counters plus new Grohe faucet & filtered water tap. The handsome full Bath boasts ceramic tile flooring, tub/shower combo with ceramic tile wall & sink with vanity. Additional features include new washer/dryer (2020), new heatpumps (2020), new microwave (2019) on-site fitness center & additional storage area plus 1 designated covered parking spot. This home offers the best of in-town living, situated just blocks to Mid-Town Direct trains, Morristown's vast variety of shops, restaurants & world class entertainment at the Mayo Performing Arts Center!

Listing Agent

MARGARET SELLERS

COLDWELL BANKER REALTY Brokerage Phone: 973-703-3410 Listed on: 06/21/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 2008

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Shared Driveway
  • Parking Garage Space
  • Parking Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Storage Room
  • Home Gym

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-05801-0000-00003-0510-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,967

Year Built

Built in 2008

Lot Details

0

HOA Fees

$485 per month

Parking

1

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
  • Street Number Display: 7
  • Directions: Cattano Avenue to left on Prospect Street. Vail Commons is on right.
  • I D: 5366616
  • Modified: 2025-08-08
  • Number Images: 31
  • Section Subdiv Development: Vail Commons
  • Attribution Contact: 973-703-3410
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Floor Number: 5
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Fire Extinguisher, Smoke Detector, Walk-In Closet
  • Number Rooms: 3
  • Bedrooms: 1
  • Master Bedroom Desc: Walk-In Closet
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Galley Type
  • Kitchen Dim: 10x7
  • Living Room Dim: 17x16
  • Ground Level Rooms: Exercise Room, Storage Room

Exterior Features

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

Garage/Parking

  • Garage Description: Garage Parking, Separate Location
  • Number Garage Spaces: 1
  • Parking Driveway Description: Common, Parking Lot-Shared

Utilities

  • Cooling: 2 Units, Ductless Split AC
  • Fuel Type: Electric
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Elevator, Exercise Room, Storage
  • Association Maintenance Fee: 485
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Lot Info

  • Lot Size: 00
  • Assessed Improvement Value: 163900
  • Assessed Land Value: 215000
  • Assessment: 378900
  • Easement: Unknown
  • Lot Identifier: 3.510
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Call

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5967
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-05801-0000-00003-0510-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.575
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,454 $378,900 $215,000 $163,900
2023 $7,454 $256,500 $175,000 $81,500
2022 $7,367 $256,500 $175,000 $81,500
2021 $7,367 $256,500 $175,000 $81,500
2020 $7,395 $256,500 $175,000 $81,500
2019 $7,392 $256,500 $175,000 $81,500
2018 $7,297 $256,500 $175,000 $81,500
2017 $7,079 $256,500 $175,000 $81,500
2016 $6,897 $256,500 $175,000 $81,500
2015 $6,733 $256,500 $175,000 $81,500
2014 $6,659 $256,500 $175,000 $81,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $389,000 +27.5% --
08/20/2013 08/20/13 Sold $305,000 -- --
Source: Garden State MLS

Mortgage History

Date Status Loan Amount Loan Type
Open $316,646 FHA
Source: Public Records

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Source: Garden State MLS

MLS Number: 3970958

Garden State MLS

APN: 24-05801-0000-00003-510