7 Prospect St #508Morristown Town, NJ 07960

Condo · 2 Beds · 2 Full Baths
$549,900 Coming Soon

7 Prospect St #508 Overview

Time on Site:
7 days
Visits:
0

Rarely available 2 bedroom with two full baths PLUS 2 parking spaces, this fabulous one floor condo in elevator building in the heart of Morristown in beautiful condition within steps to all the restaurants, shops, Nyc train, theaters, gyms and the Morristown Green. This metrpolitan, turnkey unit enjoys great views and easy living with On site gym and generous storage area and lobby area for package deliveries. Open living room/ dining area with great light and views. Primary bedroom with generous closet space and en-suite bath plus guest room with additional bath and generous closet space. Step saver kitchen is open to dining area and has plenty of work area and cabinets. Hunter Douglass Silouette shades throughout with remote control. Top of the line LG stackable washer/dryer included. Beautiful hardwood floors in foyer, L.R./D.R. area with crown moldings and six panel doors throughout in pristine Perfect move in condition. This building enjoys access from either Speedwell Ave or Prospect St.and secure entry via fobs With security cameras. This unit has a covered parking space steps away at Dalton garage for $105. Per month. Check out the gym and Storage area on the 2nd floor. Enjoy all that town has to offer right outside the door. Easy walk to NYC train or Bus steps away. This is the place to be for carefree living! One parking space in Dalton garage and one in lot across the street.

Listing provided courtesy of COLDWELL BANKER REALTY- MLS# 4036117MLS ProviderContact Information: 201-738-7636
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7 Prospect St #508 Facts & Features

  • Type Condo

Details

General

Association/HOA

  • Association Amenities: Exercise Room
  • Association Fee: $450.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Trash Collection, Water Fees

School Information

  • Elementary School: SussexAve
  • High School: Morristown

Building Information

  • Year Built: 2008

Location/Region

  • County Or Parish: Morris
  • Subdivision Name: Vail Commons

Building Exterior/Construction

  • Construction Date/Year Built Des: Approximate

Community/Development

  • Community Living: Yes

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $7,659.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 1.760
  • Tax Rate Year: 2025
  • Tax Year: 2025

General Information

  • Home Warranty: No
  • Pets Allowed: Number Limit
  • Primary Style: One Floor Unit
  • Property Sub Type: Condo/Coop/Townhouse
  • Property Type: Residential
  • Senior Community: No
  • Zoning: Multi

Interior

Building Information

  • In-Law Suite: No

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2.00
  • Bedrooms Total: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First

Building Interior

  • Appliances: Carbon Monoxide Detector, Dryer, Microwave Oven, Refrigerator, Washer
  • Garage Description: Assigned, Garage Parking, On-Street Parking
  • Water Heater: Gas

General Information

  • Accessibility Features: No
  • Cooling: 1 Unit
  • Fireplaces Total: 0
  • Floor Number: 5
  • Flooring: Carpeting, Tile, Wood
  • Heating: 1 Unit
  • Interior Features: Elevator, SmokeDet, StallShw, TubShowr, WlkInCls, WndwTret
  • Rooms Total: 4

Unit Information

  • Unit Number: 508

Room Information

  • Dining Area: Living/Dining Combo
  • Dining Room Level: Second
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bath Features: Tub Shower
  • Primary Bedroom Desc: Full Bath
  • Other Room 1: Exercise Room

Exterior

Building Information

  • Color of Building: Beige

Parking Information

  • Parking Features: Off-Street Parking, On-Street Parking, Parking Lot-Exclusive, Parking Lot-Shared
  • Parking Total: 2

Lot Information

  • Lot Size Area: .17
  • Water Source: Association

Building Exterior/Construction

  • Architectural Style: One Floor Unit
  • Construction Materials: See Remarks
  • Roof: Asphalt Shingle

General Information

  • Exterior Features: Sidewalk, Thermal Windows/Doors
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: All Underground

7 Prospect St #508 Neighborhood

Community

07960 (Morristown Town) Demographics

41
Median Age
1,272
Population Density (per sq. mile)
70%
College Educated
$136,250
Estimated Median Income
11,095
Estimated Total Home Owners
6,617
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

7 Prospect St #508 Monthly Cost

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$ %
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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7 Prospect St #508 Market Data

Based on the last 30 days in this zip code

$1,427,384
Average List Price
$3,504
Average Price per Square Foot
4
Properties Sold
47
Average Days on Market
13
Properties for Sale
Calculations provided by Reliance Network

7 Prospect St #508 History

Date Event Value Agent
6/22/2026Source: Garden State MLS Added to Database
June 22, 2026
5/18/2023Source: Garden State MLS Status Change
Sold