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7 Prospect Street

7 Prospect Street, Morristown, NJ 07960
Condo in Morris
7 Prospect Street is a condo located in Morris, Morristown.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 24 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 148 days and tend to sell below the original asking price of $362,450 by 4.74%. Meaning, listings tend to sell at a median of $429 price per square foot. The transaction that took the longest to complete was unit 306, listed on Nov 20, 2020 for $415,000. This particular unit ultimately sold 334 days later for $375,000. The most recent transaction was for unit 807, sold for $385,000 on Jul 07, 2023. Fun fact, the oldest transaction we have on record took place on Jun 04, 2009. See the full transaction history for 7 Prospect Street below.

Morris, where 7 Prospect Street is located, has a median asking price of $410,000 for condo buildings. Meanwhile, the building itself has a median asking price of $362,450. For interested buyers, that means the building's median asking price is around 0.12% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stucco Exterior

Parking

Parking Lot
Assigned Parking
Open Parking
Garage Parking
Attached Garage

Condition

New Construction

Accessibility

Elevators
This property description is generated based on publicly available data.

22 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240503 Unit 302
05/03/2024
302
1 Bed
1 Bath
-
$350,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
KRISTEN DELEO
Realty Executives Exceptional Realtors, Kinnelon
20220621 Unit 509
06/21/2022
509
1 Bed
1 Bath
-
$375,000
bedrooms
1 Bed
bathrooms
1 Bath
$378,000 +0.80%
11/17/2022
JOSEPH MORREALE
RE/MAX SELECT
20220404 Unit 403
04/04/2022
403
1 Bed
1 Bath
789 ft²
$389,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
789 ft²
$375,000 -3.60%
06/27/2022
ANTHONY VETRANO
WEICHERT REALTORS
20210710 Unit 304
07/10/2021
304
1 Bed
1 Bath
-
$339,900
bedrooms
1 Bed
bathrooms
1 Bath
$350,000 +2.97%
12/03/2021
LORI A. CARUSO
RE/MAX SELECT
20201204
12/04/2020
1 Bed
1 Bath
741 ft²
$349,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
741 ft²
-
-
-
-
20200803 Unit 306
08/03/2020
306
Loft
2 Bath
-
$430,000
bedrooms
Loft
bathrooms
2 Bath
-
-
-
-
20200805 Unit 809
08/05/2020
809
Loft
1 Bath
-
$389,000
bedrooms
Loft
bathrooms
1 Bath
-
-
-
-
20200528 Unit 304
05/28/2020
304
1 Bed
1 Bath
-
$349,000
bedrooms
1 Bed
bathrooms
1 Bath
$328,500 -5.87%
07/28/2020
DOUGLAS BILLEK
20200419 Unit 506
04/19/2020
506
2 Bed
2 Bath
-
$459,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20200115 Unit 708
01/15/2020
708
2 Bed
2 Bath
-
$475,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20190625 Unit 506
06/25/2019
506
2 Bed
2 Bath
-
$499,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20190713 Unit 308
07/13/2019
308
1 Bed
1 Bath
959 ft²
$348,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
959 ft²
-
-
-
-
20181018 Unit 308
10/18/2018
308
1 Bed
1 Bath
959 ft²
$369,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
959 ft²
$332,500 -10.11%
09/09/2019
MARK WERNER
-00011130 Unit 308
11/30/-0001
308
1 Bed
1 Bath
-
$365,000
bedrooms
1 Bed
bathrooms
1 Bath
$349,900 -4.14%
07/22/2022
-
SAMANTHA GERHOLD
COMPASS NEW JERSEY, LLC
-00011130 Unit 303
11/30/-0001
303
1 Bed
1 Bath
-
$359,000
bedrooms
1 Bed
bathrooms
1 Bath
$359,000
02/16/2022
-
ALEXANDRIA PAPAS
WEICHERT REALTORS
-00011130 Unit 305
11/30/-0001
305
1 Bed
1 Bath
-
$359,900
bedrooms
1 Bed
bathrooms
1 Bath
$343,000 -4.70%
11/18/2022
-
DONALD PHILHOWER
COLDWELL BANKER REALTY
-00011130 Unit 705
11/30/-0001
705
1 Bed
1 Bath
-
$379,000
bedrooms
1 Bed
bathrooms
1 Bath
$367,500 -3.03%
05/17/2022
-
ROBERT MITCHEL FIORENTINO
COLDWELL BANKER REALTY
-00011130 Unit 508
11/30/-0001
508
2 Bed
2 Bath
-
$485,000
bedrooms
2 Bed
bathrooms
2 Bath
$475,000 -2.06%
05/15/2023
-
DENISE FLANAGAN
COLDWELL BANKER REALTY
-00011130 Unit 807
11/30/-0001
807
1 Bed
1 Bath
-
$375,000
bedrooms
1 Bed
bathrooms
1 Bath
$385,000 +2.67%
05/23/2023
-
JESSICA EXLEY
WEICHERT REALTORS
-00011130 Unit 403
11/30/-0001
403
1 Bed
1 Bath
-
$389,000
bedrooms
1 Bed
bathrooms
1 Bath
$375,000 -3.60%
05/26/2022
-
ANTHONY VETRANO
WEICHERT REALTORS
-00011130 Unit 609
11/30/-0001
609
1 Bed
1 Bath
-
$399,000
bedrooms
1 Bed
bathrooms
1 Bath
$415,500 +4.14%
08/15/2023
-
MICHAEL ELMS
WEICHERT REALTORS CORP HQ
-00011130 Unit 506
11/30/-0001
506
2 Bed
2 Bath
-
$490,000
bedrooms
2 Bed
bathrooms
2 Bath
$490,000
09/29/2023
-
PATRICIA LOPEZ
KL SOTHEBY'S INT'L. REALTY

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,782
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.316

Ownership

  • Current Owner : KANOUSE MICHAEL
  • Previous Owner : 7 PROSPECT STREET LLC
  • Owner Before Previous Owner: 7 PROSPECT STREET LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043800

Zoning

  • Zoning: M-1

Geography

  • District: 24
  • Parcel: 24 05801-0000-00003
  • Block: 5801
  • Lot: 3
  • Municipality: MORRISTOWN TOWN
  • Latitude: 40.7994
  • Longitude: -74.4819

    Address

  • Full Address: 7 Prospect St
  • Address - House Number: 7
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C010
  • 4-Digit Zip Code: 9300
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2022

    Sales

  • Current Sale Contract Date: Jan 04, 2008
  • Current Sale Recording Date: Mar 03, 2008
  • Current Sale Transaction ID: 1192436013
  • Current Sale Price: $342,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2008014996
  • Previous Sale Recording Date: Jan 25, 2008
  • Previous Sale Contract Date: Jan 17, 2008
  • Previous Sale Amount: $353,400
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 03, 2008
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Feb 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: AFFINITY FCU
  • Previous Mortgage Transaction Date: Jan 25, 2008
  • Previous Mortgage Loan Amount: $282,720
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Feb 01, 2038

About Morristown



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Nearby Rentals

Unit for rent at 50 Mills St, Morristown Town, NJ, 07960

$2,350 /mo

  • 2 Beds
  • 1 Bath
50 Mills St, Morristown Town, NJ, 07960 Listing by LOU ANN FELLERS

Frequently Asked Questions

What neighborhood is 7 Prospect Street located in?
The 7 Prospect Street is a condo located in the neighborhood of Morris in Morristown, Morristown.
What is the average sales price for listings in 7 Prospect Street?
The average sales price for units in 7 Prospect Street is $362,450 , or $429/sqft. currently.

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