Home » Real Estate » NJ » Morristown Town » 07960 »
$450,000
7 Prospect St, Morristown Town, NJ, 07960
1
Bed
1
Bath
Welcome to 7 Prospect St, a beautifully maintained 1bedroom, 1bath condominium offering comfortable, low-maintenance living in the heart of Morristown. Located in a well-maintained elevator building, this inviting residence blends convenience, functionality, and value just moments from everything downtown Morristown has to offer. The unit features a practical layout with abundant natural light and a warm, welcoming atmosphere throughout. Residents enjoy the convenience of elevator access along with on-site fitness amenities, adding ease and lifestyle appeal to everyday living. Ideally situated close to Morristown's vibrant downtown filled with renowned restaurants, shopping, entertainment, parks, NJ Transit direct trains to NYC, and major highways. Whether used as a primary residence or investment opportunity, this condo offers an exceptional chance to enjoy all that Morristown living has to offer in one of Morris County's most desirable locations.
Offered By
COMPASS NEW JERSEY, LLC
Property Details
Property Type
Residential
Status
Active
Bedrooms
1
Bathrooms (Full)
1
Property Sub Type
Single Family
MLS #
4030140
Flooring
Laminate, Wood
Appliances
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
Heating
1 Unit
Cooling
1 Unit
Utility Features
Electric
SEWER
Public Sewer
WATER SOURCE
Association, Public Water
Year Built
2008
ARCHITECTURAL STYLE
One Floor Unit
Roof
Flat
EXTERIOR FEATURES
Deck
Lot Features
Level Lot
CITY
Morristown Town
SUBDIVISION
Valil Commons
COUNTY
Morris
STATE
NJ
TAX AMOUNT
6668.0
HOA FEE
573.0
HOA FREQUENCY
Monthly
HOA AMENITIES
Elevator, Exercise Room, Storage
LATEST UPDATE
2026-05-27T08:14:27.690Z
PRICE CHANGE(S)
$450,000 May 26, 2026
Property Details
Property Type
Residential
Status
Active
Bedrooms
1
Bathrooms (Full)
1
Property Sub Type
Single Family
MLS #
4030140
New Properties On Market
85
215%
Increase In New Listings
Average Asking Price
$873,454
$8,298 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$331
$38 Increase In List Price/Sq. Ft.
Average Days On Market
4
10 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
Mortgage Calculator
The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
Purchase Price
Loan Type
Down Payment
HOA Dues
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
Private Mortgage Insurance
