7 Prospect St # 705 Morristown, NJ $ 425,000
7 Prospect St # 705
$ 425,000
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7 Prospect St # 705

Morristown, NJ, 07960
$ 425,000
Bedrooms1 Baths1.0

Monthly Estimate*

$ 2,651

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Condo for sale in Morristown, NJ

for $425,000 with 1 bedroom and 1 full bath. This condo was built in 2008.

Welcome to 7 Prospect Street, Unit 705, a well-maintained 1-bedroom residence in the "vail commons" located in the heart of Morristown. This bright and inviting unit features an open living and dining area with access to a private balcony, along with a kitchen offering granite countertops, stainless steel appliances, and a breakfast bar. The spacious bedroom includes carpeting and ample closet space, while the full bath is conveniently accessible from the main living area. Additional features include in-unit laundry, wall A/C, storage, and one parking space in a private lot. Residents also enjoy building amenities such as a fitness center, elevator, and secure entry. Just moments from Morristown's shops, restaurants, entertainment, and NJ Transit, this home offers convenient and low-maintenance living in a prime downtown location.

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Condo Pending

Price

$ 425,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 6,282

Style

One Floor Unit

Year Built

2008

Town/City

Morristown

County/Region

Morris

MLS | Web ID

3997623

Features
Interior
Interior Amenities Carbon Monoxide Detector Fire Extinguisher Smoke Detector
Total Fireplaces 0
Fuel Type Electric
Half Baths 0
Total Bedrooms 1
Kitchen Dimensions 7x10
Kitchen Features Breakfast Bar
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General
Sewer Public Sewer
Heating 2 Units
Cooling 2 Units
Utilities Electric
Possession closing
Roof Flat
Appliances Carbon Monoxide Detector Dryer Microwave Oven Range/Oven-Electric Refrigerator Washer
Water Heater Electric
HOA Fee 649
Garage Spaces 0
Association Fee Includes Maintenance-Common Area Maintenance-Exterior Snow Removal Trash Collection
Architectural Style One Floor Unit
Pets Allowed Number Limit Size Limit
Year Built 2008
Township Morristown Town
Unit Number 705
Tax Year 2024
Ownership Condominium
Assoc Fee Paid Per Monthly
County Morris
Association Amenities Exercise Room Storage
Subdivision Name Vail Commons
Total Rooms 3
Full Baths 1
Status Under Contract
Directions google maps 7 prospect st morristown nj 07960
High School Morristown
Open Parking Spaces 1
Tax Annual Amount 6282
Middle/Junior High School Frelghuysn
Drive Parking Lot-Exclusive
Standard Status Under Contract
Tax Assessed Value 398900
Town # 2325
Tax Lot 3.705
Primary Style One Floor Unit
Sub Property Type Condo/Coop/Townhouse
Community Living Yes
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Exterior
Exterior Amenities Deck Sidewalk Thermal Windows/Doors
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick
Lot Dimensions 00
Lot Size Acres 0.00
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* Excluded Features
List By
RYAN DOUGHERTY

Listing Agent

Compass New Jersey, Llc

Broker

Ryan.dougherty@compass.com

Email

Affordability Calculator

$3,175
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$524
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
290112 Elementary School
289068 Middle School
Morristown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$425,000 Listed Price

Map


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7 Prospect St # 705, Morristown, NJ, 07960 is a Condo for sale at $425,000. 7 Prospect St # 705 has 1 bedrooms, 1.0 baths, and was built in 2008. The property's zip code is 07960 which is in Morristown, NJ