Listing Details

40 Park 502,Morristown Town, NJ 07960-4338

  • December 12, 2025

Description

Located in Morristown’s most coveted downtown address, this fully renovated, move-in-ready 2-bedroom/2-bath corner residence offers sophisticated living in one of the area’s only full-service buildings. Perched on the 5th floor and overlooking the courtyard, every detail has been thoughtfully redesigned with a focus on light, high-end finishes and modernization. Throughout the unit, 9-foot ceilings, smart-home features, upgraded electrical and lighting, refinished hardwood flooring and custom window treatments create a light-filled and inviting space for living and entertaining. A private balcony and Juliet balcony make this a unique property not to be missed. The gourmet kitchen has been completely redesigned with new stainless steel appliances, custom cabinetry, new countertops and full backsplash. The spacious primary suite features a walk-in closet, additional linen storage, and a beautifully renovated en-suite bath with an oversized walk-in tile shower and double vanity. The second bedroom is ideal for guests or a home office, with its own renovated full bath. Fully renovated units in this building are rare; here the heavy lifting has been done for you. Enjoy maintenance-free living with premium building amenities: concierge service 365 days/year, secure gated and assigned parking (2 spaces), onsite fitness center and an elegant club and billiards room. All just steps from Morristown’s vibrant dining, shopping, the Green, and NYC direct transit.

Details

Last Updated On: December 12th, 2025 at 8:16 pm
Property ID:PT-20388406-AXZR
Offer Type:For Sale
Property Type:Condo/Coop/Townhouse
Price: 1,150,000 $
Bedrooms:2
Bathrooms:2
Year Built:2010

Additional Details

Listing Details

Status: Active

Location

County: Morris
Lotsize: 2.49 ACRES
Lot Description: Skyline View
Lot Identifier: 1.502

Home Details

Subdivision: Downtown
Total Baths: 2.00
Pool: No
Basement: No
Renovated: 2024
Exterior Description: Brick
Roof Description: Flat
Garage Description: Assigned,Built-In,Garage,InEntrnc,Tandem
Number of Garage Spaces: 2
Style: One Floor Unit
Acreage: 2.49
Appliances: Cooktop - Gas, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Wall Oven(s) - Electric, Washer
Living Room Level: First
Dining Room Level: First
Kitchen Level: First
Bedroom 1 Dimensions: 18x13
Bedroom 1 Level: First
Bedroom 2 Dimensions: 13x11
Bedroom 2 Level: First
Dining Room Dimensions: 13x9
Flooring: Tile, Wood
Kitchen Area: Breakfast Bar, Separate Dining Area
Kitchen Dimensions: 10x11
Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Foyer, Kitchen, Laundry Room, Living Room
Living Room Dimensions: 27x15
Number of Rooms: 5
YB/Desc: 2010 - Approximate
Easement: Unknown
Parking/Driveway Description: Parking Lot-Exclusive
Primary Style: One Floor Unit
Block Identifier: 6004
County Number: 23
Town Number: 2325
Possession: at closing

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: 1 Unit, Forced Hot Air
Cool System: 1 Unit, Central Air
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural
Services: Cable TV Available

Schools

High School: Morristown

Taxes, Fees & Assessments

Ownership Type: Condominium
Tax ID For Property: 2324-06004-0000-00001-0502-
Tax Amount: $12,948.00
Tax Year: 2024
Tax Rate: 1.575%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $402,500.00
Building Assessment: $419,600.00
Total Assessment: $822,100.00
Community Living: Yes
Handicap Modified: No

Features

  • Billiards Room
  • Blinds
  • Club House
  • CODetect
  • Deck
  • Elevator
  • Exercise Room
  • Kitchen Facilities
  • Shades
  • SmokeDet
  • StallShw
  • Thermal Windows/Doors
  • TubShowr
  • WlkInCls

Statistics

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