See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

62 Gerhard Pl, Morristown, NJ, 07960

4beds
4baths
2,840sqft
$1,049,910
$370price/sqft
$7,516/moest. monthly cost
$300,640/yrincome needed

About This Home

Welcome home to this stunning, sun drenched 4 Bedroom / 3.5 Bathroom townhouse conveniently located in The Collection at Morristown. Stretching across 2,840 SqFt, this Monterey model features only the finest finishes throughout three levels of living space with gleaming hardwood floors, recessed lighting, ample storage space, multi-zone central AC and forced hot air heat, backyard w/ paver patio, and two car garage. First floor features an open concept with a welcoming entry foyer, living room w/ gas fireplace and sliders to backyard, dining room, stunning Chef's kitchen, half bath, mud room, and two car garage. Chef's kitchen features SS appliances, granite countertops, custom cabinets, pantry, massive center island, and custom bar w/ wine fridge. Second floor includes spacious Master bedroom with spa-like ensuite bathroom and three custom walk-in closets, two guest bedrooms, full bathroom, laundry, and sitting area with custom bookcase. Completing this beautiful home is a fully finished basement with family room, bedroom, full bathroom, storage, and utility room. The Collection at Morristown is conveniently located near plenty of shopping, restaurants, award winning schools, parks, and public transportation. With 25 years left on the tax abatement, this is truly a home you do not want to miss!

Getting Around

50
WalkingCar-Dependent
25
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

5/10
3/10
Morristown High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2021

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Dryer,Microwave,Range/Oven-Gas,Refrigerator,Washer,Wine Refrigerator,Gas Water Heater

Basement

  • Features: 1 Bedroom, Bath(s) Other, Family Room, Storage Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Living/Dining Combo
  • Level: First

Family Room

  • Level: Basement

Features

  • Bathroom
  • Window features: Thermal Windows/Doors,Blinds
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls,Townhouse-Interior

Heating & Cooling

  • Heating features: 2 Units,Forced Air,Natural Gas
  • Cooling features: 2 Units,Central Air

Interior Area

  • Total structure area: 2,840
  • Total interior livable area: 2,840 sqft

Kitchen

  • Features: Kitchen Island
  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Features: Stall Shower

Property

Details

  • Parcel number: 2322104010000000030000C1705
  • Attached to another structure: Yes
  • Exclusions: Personal Property

Features

  • Levels: Multi Floor Unit
  • Patio & porch: Patio
  • Exterior features: Sidewalk

Lot

  • Features: Cul-De-Sac,Level
  • Lot size dimensions: 0

Parking

  • Total spaces: 2
  • Parking features: 2 Car Width,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2

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

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather

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 $5,308$63,696
Home Insurance *$286$3,432
Property Taxes $1,609$19,308
Electricity $313$3,756
Total$7,516$90,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$257,691/yr
40% on housing$225,480/yr
45% on housing$200,426/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

$370This listing

vs Other Active Listings

Avg $/sqft

ZIP 07960$599
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)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$1,049,910
2026-07-15Listed for sale$1,049,910

For Sale by Agent

AgentAllen Ten Hoeve
BrokerageKeller Williams Valley Realty

Similar Homes