7 Prospect St
Morristown, NJ 07960
1 bd 1 ba Built 2008 condos
Most recent sale
$343,000
Dec 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 14, 2022 | Sold | $343,000 | Public Record |
| Dec 5, 2022 | Listing removed | — | GardenState |
| Nov 27, 2022 | Listed for rent | $2,500 | GardenState |
| Nov 18, 2022 | Sold | $343,000 | GardenState |
| Oct 6, 2022 | Listing removed | — | GardenState |
| Sep 20, 2022 | Price changed (rent) | $2,500 | GardenState |
| Aug 31, 2022 | Price changed (rent) | $2,600 | GardenState |
| Jul 28, 2022 | Listed for rent | $2,700 | GardenState |
| Mar 4, 2019 | Listing removed | — | GardenState |
| Feb 25, 2019 | Listing removed | $2,100 | GardenState |
| Feb 15, 2019 | Listed for rent | $2,100 | GardenState |
| Sep 19, 2017 | Sold | $331,000 | Public Record |
| Aug 8, 2017 | Listing removed | $339,000 | GardenState |
| Jun 8, 2017 | Price changed | $339,000 | GardenState |
| May 18, 2017 | Listed | $349,900 | GardenState |
| Oct 12, 2012 | Sold | $285,000 | Public Record |
| Aug 4, 2012 | Listing removed | $289,000 | GardenState |
| Apr 26, 2012 | Price changed | $289,000 | GardenState |
| Apr 1, 2012 | Listed | $300,000 | GardenState |
| Sep 29, 2008 | Sold | $345,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $183,900 | $215,000 | $398,900 | $7,020 |
| 2024 | $183,900 | $215,000 | $398,900 | $6,282 |
| 2023 | $65,000 | $175,000 | $240,000 | $6,974 |
| 2022 | $65,000 | $175,000 | $240,000 | $6,931 |
| 2021 | $65,000 | $175,000 | $240,000 | $6,892 |
| 2020 | $65,000 | $175,000 | $240,000 | $6,919 |
| 2019 | $65,000 | $175,000 | $240,000 | $6,916 |
| 2018 | $65,000 | $175,000 | $240,000 | $6,828 |
| 2017 | $65,000 | $175,000 | $240,000 | $6,624 |
| 2016 | $65,000 | $175,000 | $240,000 | $6,453 |
| 2015 | $65,000 | $175,000 | $240,000 | $6,300 |
| 2014 | $65,000 | $175,000 | $240,000 | $6,230 |
| 2013 | $65,000 | $175,000 | $240,000 | $6,204 |
| 2012 | $65,000 | $175,000 | $240,000 | $6,259 |
| 2011 | $65,000 | $175,000 | $240,000 | $6,324 |
| 2009 | $65,000 | $175,000 | $240,000 | $6,067 |
| 2008 | — | $175,000 | $175,000 | $4,109 |
Property facts
Year built
2008
Property type
condos
Stories
—
Beds
1
Baths
1
Living area
—
Lot size
—
ZIP code
07960
City
Morristown
Street
Prospect St
Coordinates
40.79944, -74.48222
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 7 Prospect St last sell?
7 Prospect St most recently sold on Dec 14, 2022 for $343,000.
What is the current tax assessment for 7 Prospect St?
The most recent total assessment for 7 Prospect St (year 2025) is $398,900 with $7,020 in property tax.
How does 7 Prospect St's assessment compare to its last sale price?
The current assessment is 16.3% above the last sale price of $343,000.
When was 7 Prospect St built?
7 Prospect St was built in 2008.
How does 7 Prospect St compare to others on Prospect St?
We track 8 other properties on Prospect St. Browse the list under "Other properties on Prospect St" to compare beds, baths, and sale history.
What are the property facts for 7 Prospect St?
7 Prospect St is a 1 bed, 1 bath condos.
Is 7 Prospect St a flip candidate?
No — 7 Prospect St does not appear in our flips dataset.
Is 7 Prospect St a tax-appeal candidate?
Yes — 7 Prospect St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$945.2K
2026 Q4
$942K
ZIP 07960 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect St