7 Prospect St
Morristown, NJ 07960
840 sqft Built 2008 Lot 10,782 sqft condo
Most recent sale
$367,500
May 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 17, 2026 | Sold | $503,000 | Public Record |
| Nov 13, 2025 | Listed | $425,000 | GardenState |
| May 17, 2022 | Sold | $367,500 | MLS #3770277 |
| Mar 21, 2022 | Listed | $379,000 | MLS #3770277 |
| May 3, 2019 | Price changed for rent | $2,100 | GardenState |
| Apr 14, 2019 | Listed for rent | $2,200 | GardenState |
| May 17, 2017 | Listing removed | $2,100 | GardenState |
| Apr 5, 2017 | Listed for rent | $2,100 | GardenState |
| Apr 15, 2014 | Listing removed | $364,900 | GardenState |
| Apr 4, 2014 | Listed | $364,900 | MLS #3130394 |
| Mar 16, 2011 | Listing removed | $1,800 | GardenState |
| Mar 8, 2011 | Listed for rent | $1,800 | GardenState |
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 | $132,400 | $175,000 | $307,400 | $8,933 |
| 2022 | $132,400 | $175,000 | $307,400 | $8,877 |
| 2021 | $132,400 | $175,000 | $307,400 | $8,828 |
| 2020 | $132,400 | $175,000 | $307,400 | $8,862 |
| 2019 | $132,400 | $175,000 | $307,400 | $8,859 |
| 2018 | $132,400 | $175,000 | $307,400 | $8,745 |
| 2017 | $132,400 | $175,000 | $307,400 | $8,484 |
| 2016 | $132,400 | $175,000 | $307,400 | $8,265 |
| 2015 | $132,400 | $175,000 | $307,400 | $8,069 |
| 2014 | $50,000 | $175,000 | $225,000 | $5,841 |
| 2013 | $50,000 | $175,000 | $225,000 | $5,816 |
| 2012 | — | $175,000 | $175,000 | $4,564 |
| 2011 | — | $175,000 | $175,000 | $4,611 |
| 2010 | — | $175,000 | $175,000 | $4,524 |
| 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
840 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 monthsFrequently asked questions
When did 7 Prospect St last sell?
7 Prospect St most recently sold on May 17, 2022 for $367,500.
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 8.5% above the last sale price of $367,500.
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 840 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 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