7 Prospect St, Unit 506

Morristown, NJ 07960

$490,000
Last Sold Price
2
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Sold 9/29/23
Sold 9/29/23

Description

For comp purposes onlyFor comp purposes only
  1. Listed by PATRICIA LOPEZ • KL SOTHEBY'S INT'L. REALTY

Property Details for 7 Prospect Street, Unit 506

Style
One Floor Unit
Directions
Washington St westbound, R. on Cattano, L. on Prospect St. , on right
Days On Market
0
Pets Allowed
Yes
Primary Style
One Floor Unit
Section/Subdiv/Development
Vail Commons
LISTING UPDATED: 09/30/2024 03:03 AM

Property Details for 7 Prospect Street, Unit 506

StatusSold
MLS #3867262
Days on Market1
Taxes$9,733 / year
HOA Fees$550 / month
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeTownhouse
Year Built2008
CountyMorris County

Location

Listing Courtesy of KL SOTHEBY'S INT'L. REALTY, PATRICIA LOPEZ

Sold By KL SOTHEBY'S INT'L. REALTY, PATRICIA LOPEZ

Add your commute

Building Information for 7 Prospect Street, Unit 506

Building/Complex7 Prospect StFloor-Stories-Pet Policy-Pet Policy Details-Year Built2008Building Size-

Payment Calculator

$3,749 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,388

Property Taxes

$811

HOA Dues

$550

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Prospect Street, Unit 506

Summary
Location and General Information
  • Zoning: res
  • Middle/Jr High School: Frelghuysn
  • Grade School: K-2;3-5
  • High School: MTWN 9-12
  • County #: Morris
  • Town Name: Morristown Town
  • Community Living: Yes
  • Block Identifier: 5801
  • Listing Type: Exclusive Right to Sell
  • Color of Building: red brick
  • Town #: 2325.0
  • Unit #: 506
  • Street # Display: 7.0
  • In-Law Suite: No
  • # Parking Spaces: 2
  • County Or Parish: Morris
  • Street Name: Prospect St Unit 506
  • Zip Code: 07960-9300
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Code Tax: *
  • County Tax: *
  • Tax Amount: $9,733
  • Zip Code Tax: *
  • Street # Tax: *
  • City Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 337000.0
  • Tax ID For Property: 2324-05801-0000-00003-0506-
  • Tax Id Tax: *
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Other Fee Freqency: R
  • Assoc/Maint Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Trash Collection, Water Fees
  • Assoc/Maint Fee Freq: Monthly
  • Assoc/Maint Fee: 550.0
Parking
  • Parking/Driveway Description: Blacktop, Parking Lot-Shared
  • # Garage Spaces: 0
Property
Lot Information
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Electric, Refrigerator, Stackable Washer/Dryer
  • Lot Description: Skyline View
  • Lot Identifier: 3.506
  • Approximate Lot Size: 0
  • Total Acres: 0.0
  • Construction Date/Year Built: 2008
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 112000.0
  • Assessment Land: 225000.0
  • Farm Assessment: No
Utilities
  • Cooling: 3 Units, Heatpump
  • Services: Cable TV Available, Fiber Optic Available, Garbage Included
  • Utilities: All Underground, Electric
  • Water: Association, Public Water
  • Handicap Modified: No
  • Heating: 3 Units, Heat Pump
  • Fuel Type: Electric
  • Sewer: Public Sewer
  • Amenities: Elevator, Exercise Room, Storage
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Exterior Description: Brick
  • Exterior Features: Deck
Interior Features
  • Interior Features: Blinds, Elevator, Walk-In Closet
  • Flooring: Tile, Wood
  • Roof Description: Flat
  • Basement: Yes
  • Basement Description: Unfinished
  • Primary Bath Features: Stall Shower And Tub
  • # Baths: 2.0
  • # Full Baths: 2
  • # Half Baths: 0
  • Bedroom 1 Level: First
  • Bedroom 1 Dim: 14x11
  • Bedroom 2 Level: First
  • Bedroom 2 Dim: 13x13
  • # Bedrooms: 2
  • Dining Room Dim: 11x07
  • Easement: Unknown
  • # Fireplaces: 0
  • Kitchen Dim: 10x07
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Dim: 13x11
  • Dining Area: Living/Dining Combo
  • Dining Room Level: First
  • Ground Level Rooms: Storage Room
  • Living Room Level: First
  • Level 1 Rooms: 2Bedroom,BathMain,BathOthr,Kitchen,LivDinRm,Porch
  • Master Bedroom Desc: 1st Floor, Full Bath
  • # Rooms: 5
  • Other Room 3: Laundry Room
  • Other Room 1 Level: First
  • Other Room 4: Porch
  • Other Room 2 Level: First
  • Other Room 5: Laundry Room
  • Other Room 3 Level: First
  • Other Room 6: Storage Room
  • Other Room 4 Level: Ground
Rental
Rental Information
  • Home Warranty: false

Property History for 7 Prospect Street, Unit 506

DateEvent & SourcePriceAppreciation
Sep 29, 2023

Sold

GSMLS #3867262

$490,000—
Sep 11, 2023

Sold (Public Record)

Public Record #1521097436

$490,000

+5.8% / yr

Aug 28, 2020

Sold

GSMLS #3628390

$412,500—
Aug 26, 2020

Sold (Public Record)

Public Record #679639433

$412,500

-0.7% / yr

Apr 19, 2020

Listed (Active)

GSMLS #3628390

$439,900—
Oct 15, 2019

Listed (Active)

GSMLS #3594870

$479,900—
Oct 22, 2008

Sold

GSMLS #2487645

$499,000—
Oct 14, 2008

Sold (Public Record)

Public Record #257012718

$450,000—
Feb 8, 2008

Listed (Active)

GSMLS #2487645

$499,900—
DateEvent & SourcePrice
09/29/2023

Sold

GSMLS #3867262

$490,000
09/11/2023

Sold (Public Record)

Public Record #1521097436

$490,000

+5.8% / yr

08/28/2020

Sold

GSMLS #3628390

$412,500
08/26/2020

Sold (Public Record)

Public Record #679639433

$412,500

-0.7% / yr

04/19/2020

Listed (Active)

GSMLS #3628390

$439,900
10/15/2019

Listed (Active)

GSMLS #3594870

$479,900
10/22/2008

Sold

GSMLS #2487645

$499,000
10/14/2008

Sold (Public Record)

Public Record #257012718

$450,000
02/08/2008

Listed (Active)

GSMLS #2487645

$499,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7 Prospect Street, Unit 506

Taxable ValueLand$215,000Additions$234,900Total$449,900
Tax Record2024$7,086 ($590 / month)
Home Facts
Beds0Total Finished SqFt1,061 SqFtAbove Grade Finished SqFt1,061 SqFtStyleCondominiumYear Built2008CountyMORRISAPN24 05801-0000-00003- 506

Schools near 7 Prospect Street, Unit 506

This home is within Morris School District.
Rating
School
Type
Grades
Distance
Hillcrest Elementary School
Public - PK to 2
Alfred Vail Elementary School
Public - PK to 2
Woodland School
Public - K to 2
Normandy Park School
Public - K to 5
Rating
School
Distance
Hillcrest Elementary School
PublicPK to 2

Alfred Vail Elementary School
PublicPK to 2

Woodland School
PublicK to 2

Normandy Park School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of KL SOTHEBY'S INT'L. REALTY, PATRICIA LOPEZ

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/20/2026 05:38 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/20/2026 05:38 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.