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7 Prospect St

Morristown, NJ 07960

ba 672 sqft Built 2008 Lot 10,782 sqft condo
Most recent sale
$357,500
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2022 Sold $357,500 Public Record
May 24, 2022 Sold $357,500 MLS #3768337
Mar 31, 2022 Price changed $365,000 MLS #22007816
Mar 10, 2022 Listed $368,000 MLS #22007816
Jul 4, 2013 Listing removed $324,000 GardenState
May 30, 2013 Listed $324,000 MLS #3040448
Mar 25, 2011 Listing removed $399,900 GardenState
Mar 8, 2011 Relisted $399,900 MLS #2687142
Sep 11, 2010 Listing removed $399,900 NewJerseyMLS
Sep 9, 2010 Listing removed $399,900 GardenState
Jun 2, 2009 Listed $399,900 MLS #2924658
Jun 1, 2009 Listed $399,900 MLS #2687142

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $155,100 $215,000 $370,100 $6,513
2024 $155,100 $215,000 $370,100 $5,829
2023 $90,000 $175,000 $265,000 $7,700
2022 $90,000 $175,000 $265,000 $7,653
2021 $90,000 $175,000 $265,000 $7,610
2020 $90,000 $175,000 $265,000 $7,639
2019 $90,000 $175,000 $265,000 $7,637
2018 $90,000 $175,000 $265,000 $7,539
2017 $90,000 $175,000 $265,000 $7,314
2016 $90,000 $175,000 $265,000 $7,125
2015 $90,000 $175,000 $265,000 $6,956
2014 $90,000 $175,000 $265,000 $6,879
2013 $90,000 $175,000 $265,000 $6,850
2012 $90,000 $175,000 $265,000 $6,911
2011 $90,000 $175,000 $265,000 $6,982
2010 $90,000 $175,000 $265,000 $6,850
2009 $175,000 $175,000 $4,424
2008 $175,000 $175,000 $4,109

Property facts

Year built
2008
Property type
condo
Stories
Beds
Baths
Living area
672 sqft
Lot size
10,782 sqft
ZIP code
07960
City
Morristown
Street
Prospect St
Coordinates
40.79944, -74.48222

Comparable properties nearby

Block-level micro-comps

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

Frequently asked questions

When did 7 Prospect St last sell?
7 Prospect St most recently sold on May 24, 2022 for $357,500.
What is the current tax assessment for 7 Prospect St?
The most recent total assessment for 7 Prospect St (year 2025) is $370,100 with $6,513 in property tax.
How does 7 Prospect St's assessment compare to its last sale price?
The current assessment is 3.5% above the last sale price of $357,500.
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 — bath, 672 sqft, 10,782 sqft lot condo.
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?
No — 7 Prospect St 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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