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Morristown Condos Close to Sell-Out As Home-Buying Increases Across State

MORRISTOWN, NJ-Four luxury units are left at 40 Park, but new data says NJ sales volume is up 23%. GlobeSt.com has the scoop.

By Antoinette Martin | Updated on June 08, 2012

MORRISTOWN, NJ-In downtown Morristown, one example of an improving home sales market stands across from the historic green where George Washington once camped with his troops.

The 40 Park building, which houses 76 luxury units that first went on the market in early 2010, is now down to just four apartments available. There have been six sales in recent months, says Debra Tantleff, a vice-president of development at Roseland Property Co., which built it in partnership with Woodmont Properties.

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