Morristown Parsons Village Condos
Community Specialist
Browse this community and then contact me for a no pressure consultation about available units. SORRY..WE DO NOT MANAGE THIS COMMUNITY OR HANDLE RENTALS.

$225,000 (+ - )
Morristown Parsons Village Condos

4.95/5 (7) Parsons Village Morristown New Jersey

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Parsons Village Morristown New Jersey

Parsons Village Morristown originally built as an apartment complex (198 units)  in the late 1960s was incorporated as a Co-op in the 1980’s.  Consisting most of  1 br and 1 bath units, first floor units may have a basement. Two bedroom units some as large as two bedroom, two bathroom units with finished basements. Last known Management Company was Cedarcrest Management

Units in Parsons Village have sold from the mid $100ks to as high as $350k for the larger two-bedroom units. Monthly maintenance fee start at around $600, which includes heat, hot water, maintenance and taxes. More than 50% of the maintenance fee can be used as a tax deduction.

Parson’s Village offers amenities such as an outdoor pool and playground.

Note: Pets are allowed, garages are available for an additional fee, solar panels were recently added to three of the buildings.

Financials on Parsons Village Condos Morristown

  • Average Price: $200,000 +
  • Avg Taxes: $5,000 + –
  • Avg Maint: $655 +

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The Maintenance Fee, what does it pay for? Typically in most communities the maintenance fee covers: (Each complex is different as far as what is covered, but this is a general guide)

  • Exterior maintenance, amenities, pool, guardhouse, gym, doorman etc.
  • Snow removal & ground care
  • Interior common area cleaning and maintenance
  • Insurance of building, management fee.
  • Capital improvement fund for roof, driveways walkway replacement.

In an older garden apartment type and high rise building community the maintenance may  sometimes cover the heat and hot water.

Disclaimer: Estimated Maintenance & Taxes both change yearly in each complex and it would be remiss on our part to put an exact number since it may change at anytime. PLEASE VERIFY with our Community Specialist.

Other Communities in Morristown

Atlantic /Bergen /Burlington / CamdenCape May

Cumberland /Essex / Gloucester  / HudsonHunterdon

/Mercer / Middlesex / Monmouth/Morris /Ocean 

Passaic / Somerset / Sussex / Union / Warren

North Jersey  / Central Jersey  / South Jersey

About This Community

Area - Square Foot : 600
Type : Style: Converted Garden Apt
Address : 320 South Street Morristown New Jersey
Purpose : Resales Available
Status : Active Resales Available
Bedrooms : 1
Bathrooms : 1

Quick Facts: Features, Amenities, Price Range and more

A- Avg. Price Range $200,000 - $400,000
B- 1 & 2 Brs Units Available
Gated - No
Construction Years 1960s
Parking - Outside

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