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40 Park Pl

Morristown, NJ 07960

1,963 sqft Built 2010 Lot 108,464 sqft condo
Most recent sale
$1,430,000
Oct 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Sold $1,180,000 Public Record
Jul 1, 2022 Sold $1,180,000 GardenState
Apr 27, 2022 Price changed $1,275,000 MLS #3772119
Mar 30, 2022 Listed $1,350,000 MLS #3772119
Oct 15, 2021 Sold $1,430,000 Public Record
Jun 1, 2021 Sold $1,430,000 MLS #3710345
Jun 2, 2014 Sold $1,313,250 Public Record
Oct 19, 2012 Sold $1,150,000 Public Record
Aug 8, 2012 Listing removed $1,330,000 GardenState
Jan 19, 2012 Listed $1,330,000 MLS #2911438
Dec 6, 2011 Listing removed $1,330,000 GardenState
Jun 6, 2011 Price changed $1,330,000 MLS #2849333
Apr 14, 2011 Listed $1,315,000 MLS #2849333
Oct 7, 2010 Listing removed $1,350,000 GardenState
Jul 14, 2010 Listed $1,350,000 MLS #2788177

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $675,800 $525,000 $1,200,800 $21,134
2024 $675,800 $525,000 $1,200,800 $18,912
2023 $260,000 $790,000 $1,050,000 $30,513
2022 $260,000 $790,000 $1,050,000 $30,324
2021 $260,000 $790,000 $1,050,000 $30,156
2020 $260,000 $790,000 $1,050,000 $30,271
2019 $260,000 $790,000 $1,050,000 $30,261
2018 $260,000 $790,000 $1,050,000 $29,872
2017 $326,200 $790,000 $1,116,200 $30,807
2016 $326,200 $790,000 $1,116,200 $30,014
2015 $326,200 $790,000 $1,116,200 $29,300
2014 $790,000 $790,000 $20,508
2013 $790,000 $790,000 $20,421
2012 $790,000 $790,000 $20,603
2011 $790,000 $790,000 $20,816
2010 $790,000 $790,000 $20,422

Property facts

Year built
2010
Property type
condo
Stories
Beds
Baths
Living area
1,963 sqft
Lot size
108,464 sqft
ZIP code
07960
City
Morristown
Street
Park Pl
Coordinates
40.79622, -74.48151

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 40 Park Pl last sell?
40 Park Pl most recently sold on Oct 15, 2021 for $1,430,000.
What is the current tax assessment for 40 Park Pl?
The most recent total assessment for 40 Park Pl (year 2025) is $1,200,800 with $21,134 in property tax.
How does 40 Park Pl's assessment compare to its last sale price?
The current assessment is 16.0% below the last sale price of $1,430,000.
When was 40 Park Pl built?
40 Park Pl was built in 2010.
How does 40 Park Pl compare to others on Park Pl?
We track 8 other properties on Park Pl. Browse the list under "Other properties on Park Pl" to compare beds, baths, and sale history.
What are the property facts for 40 Park Pl?
40 Park Pl is a 1,963 sqft, 108,464 sqft lot condo.
Is 40 Park Pl a flip candidate?
No — 40 Park Pl does not appear in our flips dataset.
Is 40 Park Pl a tax-appeal candidate?
No — 40 Park Pl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$945.2K
2026 Q4
$942K
ZIP 07960 — Median Price History + Forecast

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