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Property Description
Prepare to be captivated by the pinnacle of luxury living in Morristown! Welcome to Unit 703 at 40 W Park a stunning 3 bedroom, 3.1 bath penthouse that redefines sophistication and offers a lifestyle like no other. Inside you'll be greeted by expansive open living spaces drenched in natural light, framed by floor-to-ceiling windows that showcase some of the most breathtaking views in Morristown. A spectacular wraparound balcony that places the iconic Morristown Green and the charm of downtown's historic architecture right at your feet. Imagine sipping your morning coffee or hosting evening soir es with this unparalleled backdrop. The thoughtfully designed layout ensures privacy and comfort, with three generously sized bedrooms, each accompanied by its own luxurious en-suite bath. The new chef-inspired kitchen boasts top-of-the-line appliances, sleek finishes, and plenty of room to unleash your culinary creativity. The open flow to the dining and living areas creates the perfect environment for entertaining or simply unwinding in style. With its prime location, you'll have immediate access to Morristown's vibrant downtown boutique shopping, fine dining, cultural attractions, and the train station for effortless commuting. This is more than a home; it's a front-row seat to everything that makes Morristown one of New Jersey's most desirable destinations. Don't miss the chance to experience penthouse living at its finest. Schedule your private tour of 40 W Park, Unit 703 today!
Full Property Details
Full Property Details for 40 W Park Pl #703
General
- Price: $2,500,000
- HOA FEE: $1,632/month
- Taxes: $37,556 (2025)
- Status: Active
- Type: Condo
- Source: Garden_State
- MLS ID: 4022138
- Updated: Today (4/21/2026)
- Added to Site: Today
Interior
- Number of Rooms: 6
- Interior Features: Carbon Monoxide Detector, High Ceilings, Jacuzzi-Type Tub, Security System, Smoke Detector, Walk-In Closet
- Appliances: Cooktop - Gas, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave, Refrigerator, Wall Oven(s) - Electric, Washer
- Flooring: Marble, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Walk-In Closet
- Bedroom 1: 15 x 23, First
- Bedroom 2: 13 x 15, First
- Bedroom 3: 13 x 12, First
Other Rooms
- Living Room: 17 x 23, First
- Kitchen: Breakfast Bar, Center Island, 13 x 10, First
- Dining Room: 13 x 13, First
Additional Information
- Shared Amenities: Billiards Room, Club House, Elevator, Exercise Room, Kitchen Facilities
Exterior
- Exterior Features: Barbecue, Patio, Sidewalk, Thermal Windows/Doors
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Assigned, Attached Garage, Garage Parking
Location
- County: Morris
- Subdivision: 40 Park Place
- Driving Directions: Rt 287 to South St to Dehart Street parking garage. Exit to Piazza Courtyard to entrance at back of building through Concierge Lobby #703
School Information
- Middle School: Frelghuysn
- High School: Morristown
Community
- Community Living: Yes
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Garbage Included
Structural Information
- Architectural Style: Hi-Rise, One Floor Unit, Hi-Rise
- Roof: Flat
- Square Feet: 2,788
- Year Built: 2010
- Remodeled/Updated: 2025
Lot Features
- Lot Size (Acres): 2.49
- Lot Size: 2.49 ACRES
- Driveway/Sidewalk: Assigned, Parking Lot-Exclusive
- Lot Description: Corner, Skyline View
Financial Considerations
- Association Fee: $1,632
- Assoc Fee Freq.: Monthly
- Other Fee: $30
- Other Fee Freq.: Monthly
- Assessment Amount: $2,133,900
- Land Assmt: $1,050,000
- Tax Amount: $37,556
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- APN: 2324-06004-0000-00001-0703-
- Block: 6004
- Lot Number: 1.703
Listed by Compass New Jersey, Llc
Get Pre-Approved Today
Schools
Schools serving 40 W Park Pl #703
School District:Morris Township School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 W Park Pl #703
Date
Details
Price
Change
Source
4/21/2026
Listed
$2,500,000
171%
MLS
8/15/2019
Sold
$922,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 W Park Pl #703
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,389
-6%
$913,600
72%
2022
$15,306
1%
$530,000
—
2021
$15,222
—
$530,000
—
2019
$15,275
1%
$530,000
—
2018
$15,078
3%
$530,000
—
2017
$14,628
3%
$530,000
—
2016
$14,252
2%
$530,000
—
2015
$13,912
2%
$530,000
—
2013
$13,700
—
$530,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 W Park Pl #703
40 W Park Pl #703, Morristown, NJ 07960 (MLS# 4022138) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 40 W Park Pl #703 is currently listed for $2,500,000 and was received on April 21, 2026. Want to learn more about 40 W Park Pl #703? Do you have questions about finding other Condo real estate for sale in Morristown? You can browse all Morristown real estate or contact a Coldwell Banker agent to request more information.

