Google street view image for 7 Prospect St, Morristown, NJ 07960

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Sold

$618,618

—

•

— ba

•

781

sq ft

7 Prospect St, Morristown, NJ 07960

About this home

CondoProperty Type

2008Year Built

$792Est. Price/Sq.Ft.

2 spacesParking

Source:Public Records

Redfin Estimate

$618,618

$149K since last sold$16K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 40.3% lower than the average sale price ($1.04M) of 6 comparable homes.

SOLD JUL 30, 2026
40 W Park Pl Unit 305, Morristown, NJ 07960-4338
$999,000
A
2 beds2 baths— sq ft
40 W Park Pl Unit 305, Morristown, NJ 07960-4338
SOLD SEP 11, 2026
7 Prospect St #508, Morristown, NJ 07960-9300
$565,000
B
2 beds2 baths— sq ft
7 Prospect St #508, Morristown, NJ 07960-9300
SOLD MAR 27, 2026
$1,150,000
C
2 beds2 baths— sq ft
40 Park #502, Morristown, NJ 07960-4338
SOLD AUG 7, 2026
$2,200,000
D
2 beds2.5 baths— sq ft
40 W Park Pl Unit 309, Morristown, NJ 07960
SOLD AUG 27, 2026
$655,000
E
2 beds2.5 baths1,807 sq ft
27 Taft Ln, Morristown, NJ 07960
SOLD AUG 18, 2026
47 Taft Ln, Morristown, NJ 07960-6157
$645,000
F
2 beds2.5 baths— sq ft
47 Taft Ln, Morristown, NJ 07960-6157

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Earn from this home

Sell

$581,025

Est. take-home

List your home with Redfin and save $6,186

Rent

$2,059/mo

Redfin rental estimate

List your home for rent

Market trends in 07960, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

105.6%

0.8% MoM

Median sale price

$920K

$43K MoM

Avg. days on market

19d

3 days MoM

Recently sold homes

138

6 MoM

New listings for sale

COMING SOON
$775,000
3 beds2.5 baths— sq ft
49 Independence Way #49, Morristown, NJ 07960-5758
$859,000
3 beds2.5 baths— sq ft
65 Independence Way, Morristown, NJ 07960
3D WALKTHROUGH
$1,199,000
4 beds2.5 baths— sq ft
3 TURTLE Rd, Morristown, NJ 07960
(201) 795-5200
$750,000
3 beds2.5 baths— sq ft
14 Catherine Ln, Morristown, NJ 07960-5202
$759,000
3 beds2.5 baths— sq ft
37 W Main St, Mendham, NJ 07945-1222
$1,695,000
9 beds6 baths— sq ft
17 Three Gables Rd, Morristown, NJ 07960-6548
$825,000
4 beds2 baths1,928 sq ft
16 Lincoln St, Morristown, NJ 07960-9387
$699,000
2 beds3 baths— sq ft
16 Cadence Ct, Morristown, NJ 07960-6983
$679,000
3 beds1.5 baths— sq ft
21 Midland Dr, Morristown, NJ 07960-5064
$760,000
3 beds2.5 baths— sq ft
31 Twombly Ct, Morristown, NJ 07960
See all

Provided by Redfin

Sale history for 7 Prospect St

Year

Property tax

Land + Additions

Assessment*

2025

$6,799 (+11.7%)

$215,000 + $171,300

$386,300

2024

$6,084 (−20.2%)

$215,000 + $171,300

$386,300

2023

$7,628 (+0.6%)

$215,000 + $171,300

$386,300

2022

$7,581 (+0.6%)

$175,000 + $87,500

$262,500

2021

$7,539 (−0.4%)

$175,000 + $87,500

$262,500

2020

$7,568

$175,000 + $87,500

$262,500

2019

$7,565 (+1.3%)

$175,000 + $87,500

$262,500

2018

$7,468 (+3.1%)

$175,000 + $87,500

$262,500

2017

$7,245 (+2.6%)

$175,000 + $87,500

$262,500

2016

$7,058 (+3.6%)

$175,000 + $87,500

$262,500

2014

$6,814 (+0.4%)

$175,000 + $87,500

$262,500

2013

$6,786 (−0.9%)

$175,000 + $87,500

$262,500

2012

$6,846 (−1.0%)

$175,000 + $87,500

$262,500

2011

$6,917 (+1.9%)

$175,000 + $87,500

$262,500

2010

$6,786 (+2.3%)

$175,000 + $87,500

$262,500

2009

$6,636

$175,000 + $87,500

$262,500

Tax history for 7 Prospect St

Year

Property tax

Land + Additions

Assessment*

2025

$6,799 (+11.7%)

$215,000 + $171,300

$386,300

2024

$6,084 (−20.2%)

$215,000 + $171,300

$386,300

2023

$7,628 (+0.6%)

$215,000 + $171,300

$386,300

2022

$7,581 (+0.6%)

$175,000 + $87,500

$262,500

2021

$7,539 (−0.4%)

$175,000 + $87,500

$262,500

2020

$7,568

$175,000 + $87,500

$262,500

2019

$7,565 (+1.3%)

$175,000 + $87,500

$262,500

2018

$7,468 (+3.1%)

$175,000 + $87,500

$262,500

2017

$7,245 (+2.6%)

$175,000 + $87,500

$262,500

2016

$7,058 (+3.6%)

$175,000 + $87,500

$262,500

2014

$6,814 (+0.4%)

$175,000 + $87,500

$262,500

2013

$6,786 (−0.9%)

$175,000 + $87,500

$262,500

2012

$6,846 (−1.0%)

$175,000 + $87,500

$262,500

2011

$6,917 (+1.9%)

$175,000 + $87,500

$262,500

2010

$6,786 (+2.3%)

$175,000 + $87,500

$262,500

2009

$6,636

$175,000 + $87,500

$262,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

781

Year built

2008

Style

Condo/Co-op

County

Morris County

APN

2405801 00003 404

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2026.

Town Center District

The Town Center is the heart of Morristown and provides for the highest development intensity. Pedestrian activity is greatest in the core, and design should be most oriented to walkability. A thorough mix of residential, office and retail uses will promote a vibrant downtown and allow families to live comfortably without access to a car.

Zone overlays

Morristown Green Overlay District

Permitted uses

Include but are not limited to:

Convenience store
Day care facility
General retail
Restaurant
Housing-Multiple units
Office
Medical office
Museum / gallery
Park & open space

Property details

About this building

No units for sale

7 Prospect St, Morristown, NJ 07960

See photos & sale trends

Photo via 7 Prospect St #202

Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the Morris School District website to verify.

Alexander Hamilton Elementary School

Public 3-5 • 0.5mi

7/10

Morristown High School

Public 9-12 • 0.3mi

3/10

Sussex Avenue Elementary School

Public 3-5 • 0.8mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 99° expected this year, 16 days in 30 years

5/10 Wind Factor

26% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Morristown, NJ • 07960

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$588,000 – $712,000

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New listings for sale in 07960-5758

COMING SOON

$775,000

3 beds2.5 baths— sq ft

49 Independence Way #49, Morristown, NJ 07960-5758

$859,000

3 beds2.5 baths— sq ft

65 Independence Way, Morristown, NJ 07960

3D WALKTHROUGH

$1,199,000

4 beds2.5 baths— sq ft

3 TURTLE Rd, Morristown, NJ 07960

(201) 795-5200

$750,000

3 beds2.5 baths— sq ft

14 Catherine Ln, Morristown, NJ 07960-5202

$759,000

3 beds2.5 baths— sq ft

37 W Main St, Mendham, NJ 07945-1222

$1,695,000

9 beds6 baths— sq ft

17 Three Gables Rd, Morristown, NJ 07960-6548

$825,000

4 beds2 baths1,928 sq ft

16 Lincoln St, Morristown, NJ 07960-9387

$699,000

2 beds3 baths— sq ft

16 Cadence Ct, Morristown, NJ 07960-6983

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3 beds1.5 baths— sq ft

21 Midland Dr, Morristown, NJ 07960-5064

Home values near 7 Prospect St

Data from public records.

Address	Redfin Estimate
7 Prospect Street #201, Morristown, NJ 1 Beds \| 1 Baths \| - Sq. Ft.	$530,299
7 Prospect Street #805, Morristown, NJ 1 Beds \| 1 Baths \| - Sq. Ft.	$477,566

Address	Redfin Estimate
7 Prospect Street #202, Morristown, NJ 1 Beds \| 1 Baths \| - Sq. Ft.	$474,194
7 Prospect Street #605, Morristown, NJ 1 Beds \| 1 Baths \| - Sq. Ft.	$479,812

Address	Redfin Estimate
7 Prospect Street #405, Morristown, NJ 1 Beds \| 1 Baths \| - Sq. Ft.	$450,364
7 Prospect Street #503, Morristown, NJ 1 Beds \| 1 Baths \| - Sq. Ft.	$463,978

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