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The Metropolitan at 40 Park is a distinctive seven-story building with a spectacular view of the lovely Morristown Green. This exceptional Community features 76 luxury condominium residences, with upscale amenities and services. The street-level retail space, known as The Shoppes on the Green offers just over 70,000 square-feet of retail space.
The mixed-use development is part of a $300 million redevelopment effort underway by Roseland Property Company and Woodmont Properties. Morristown, gracious and historic, offers unique shops, cafes, boutiques, restaurants and theatres that will appeal to a wide spectrum of tastes and lifestyles.
The Metropolitan at 40 Park was previously home to the well-known Epstein's Department Store in Morristown, New Jersey. The redevelopment in the area has completely revitalized Morristown, turning it into a vibrant, fun place to live and enjoy yourself. Morristown is an ideal location for all commuters, centrally based with easy access to Routes 53, 10 , 80, 208 and 287. The Metropolitan at 40 Park offers a valuable bonus: you can WALK to the Morristown Train Station!
Further, 40 Park ended an award-winning year, quite literally, with the 2010 Pillars of the Industry Award for its recognition as the "Best Mid-Rise Condominium Community" in the nation!
There are currently only eight (8) units available for sale at this time, with signature residences from the low $400,000's to three (3) Penthouses from $1.25M to $1.7M. Five spectacular new models will be unveiled in the next two weeks. Watch this blog carefully for more details and most definitely, exciting photos of the Units.
Although 40 Park is represented by JMWeichert Group, as a member of the Garden State Multiple Listing Service (GSMLS), I am licensed to show and sell any residence available for sale within that Community.
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Luxury New Condominiums at 40 Park Place
Walk along Miller Avenue, aka Millionaire's Row, and you know this is a town - rich in money, yes, but also rich in history and architecture. With a large smattering of Morris County's historically significant homes and a vital town center, this is a beautiful town to live in and visit.
As Morris County's seat, the courthouse sits imposingly on a knoll just outside The Green. Every weekday there is the accompanying hustle and bustle, but on weekends it's time for festivals, fairs and antique and art shows at the Armory. There are restaurants to satisfy every palate. My personal favorites are Sushi Lounge, Origin Thai II and Gregorio's. Of course, after dinner or at any other time, the Creamery serves the very best fresh ice cream in the county! Yes, of course that is my opinion but that's the one that counts, right?
As there is variety in food, there is variety in the real estate.
From modest homes and condos to period mansions and new luxurious high rise condos with every amenity possible. As one of the richest towns in the country, this is the perfect town for the redevelopment of the Former Epstein's Department Store - 40 Park Place, a luxury new condo development.
40 Park Place offers luxurious new condominium residences in beautiful Morristown. Offering breathtaking views of the Morristown Green or Morris County Hills, life at 40 Park Place is astonishingly convenient and richly rewarding. Park Place offers condos for sale in the heart of a bustling, rich urban community. An elegant community that mixes luxury condominiums and convenient on-site retail with fantastic amenities, such as concierge services, fitness center, private covered parking. Luxury 1br, 2br, and penthouse condominiums are available for sale, some 40 Park Place condos are available for immediate occupancy as well.
When you're looking for the most prestigious and luxurious new condominium residences in Morris County, 40 Park Place is the first place to look.
Listings $422,500 to $2,175,000
Morristown Schools & Demographics | Find a home | Home Valuation
Thank you for reading Luxury New Condominiums at 40 Park Place. If you need anything, give me a call, I am here to help.
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Now with the stimulus package passed, how will this effect the real estate market? How can we advise our buyers and sellers to best protect them in this market? Any ideas out there? Do you realtors believe as I do that buying in this market is unique. Inventory + low interest rates. In Morristown and surrounding area, we are on a NJ Direct Train to NYC. Great for people who work in NYC but don't want to pay the prices of Manhattan townhomes. Morristown has it all. Many townhomes in all price ranges as well as single family homes.
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