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320 South Street BLDG 18 #P, Morristown, NJ, 07960

1beds
1baths
800sqft
$300,000
$375price/sqft
$2,250/moest. monthly cost
$90,000/yrincome needed

About This Home

Located on South Street in Morristown, this single-floor apartment offers a well-organized layout comprising a combined kitchen and living room, one bedroom, one bathroom, and a hallway. The living and dining area is spacious and bright, featuring warm hardwood floors, recessed lighting, and baseboard heating. A sliding glass door with vertical blinds brings in natural light and offers outdoor views. The kitchen is thoughtfully designed with dark espresso cabinetry, white quartz countertops, a subway tile backsplash, and stainless steel appliances including a gas range, built-in microwave, dishwasher, and refrigerator. Open shelving and tile flooring complete the functional and modern aesthetic. The primary bedroom offers hardwood floors, recessed lighting, soft neutral walls, and two sets of double closets providing ample storage. The bathroom is elegantly appointed with large-format tile flooring, a white vanity with black hardware, and a glass-enclosed tub and shower combination with floor-to-ceiling tile surround and a natural light-providing window. Baseboard heating is present throughout the unit, as well as 2 wall A/C Units ensuring year-round comfort in this clean, updated Morristown apartment. Pool and picnic area with bbq for summer fun. Minutes to downtown train, restaurants and shopping. Maintenance fee includes taxes, heat, water, sewer, outdoor maintenance, snow removal, trash removal and pool membership. Terrific development maintained to perfection.

Getting Around

56
WalkingSomewhat Walkable
18
TransitMinimal Transit
29
BikeSomewhat Bikeable

Schools

--
Woodland SchoolGrades K-20.2 mi
5/10
3/10
Morristown High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1966

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Microwave,Range/Oven-Gas,Refrigerator,Water Heater From Furnace

Basement

  • Basement: None

Bedroom1

  • Level: Second
  • Area: 252

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Living/Dining Combo
  • Level: Second
  • Area: 120

Features

  • Window features: Blinds
  • Flooring: Stone,Wood

Heating & Cooling

  • Heating features: Baseboard - Hotwater,Natural Gas
  • Cooling features: 2 Units,Wall Unit(s)

Interior Area

  • Total structure area: 800
  • Total interior livable area: 800 sqft

Kitchen

  • Features: Galley Type
  • Level: Second
  • Area: 90

Living Room

  • Level: Second
  • Area: 266

Property

Details

  • Exclusions: NONE

Features

  • Levels: One,One Floor Unit
  • Stories: 1
  • Private pool: Yes
  • Pool features: Outdoor Pool,Association
  • Patio & porch: Patio
  • Exterior features: Curbs,Sidewalk

Lot

  • Lot size: 11.73 Acres
  • Features: Corner Lot
  • Lot size dimensions: 34.13 Acres

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width,Additional Parking,Asphalt,Common,Parking Lot-Shared,Garage,On-Street Parking,See Remarks
  • Has garage: Yes
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$81$972
Property Taxes $460$5,520
Electricity $193$2,318
Total$2,250$27,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,142/yr
40% on housing$67,500/yr
45% on housing$60,000/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$375This listing

vs Other Active Listings

Avg $/sqft

ZIP 07960$603
Morris County$395

vs Homes Sold Last Month

Median $/sqft

ZIP 07960$457
Morris County$367

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-19Price change$300,000
2026-06-07Listed for sale$340,000
2023-09-28Sold$300,000
2023-07-31Pending sale$250,000
2023-07-20Listed for sale$250,000

For Sale by Agent

AgentDeborah Citarella
BrokerageColdwell Banker Realty

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