Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$710,996
+1.6%
Since Jul 2024
Range: $497,697-$924,294
Evaluated May 28, 2025
1 Year
5 Years
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Property Facts
7 Gloucester Pl, Morristown, NJ is a single family home that contains 1,766 Sq. Ft. and was built in 1961. It contains 2 bedrooms and 2 bathrooms. This home last sold for $519,000 on 8/24/2017.
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County:MORRIS
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Year Built:1961
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Living Area:1,766 Sq. Ft.
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Lot Size:33,106 Sq. Ft.
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Zone:R35C
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Parcel:22 01405-0000-00015
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Bedrooms:2
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Bathrooms:2
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Owner:AMBROSINI, JAMES & GAYLENE
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Property History
Price History
Date
Event
Price
Source
8/24/2017
Sold
$519,000
Public Records
12/19/2011
Sold
$392,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$9,315 (+2.67%)
$464,600 (0%)
2023
$9,073 (+2.14%)
$464,600 (0%)
2022
$8,883 (0%)
$464,600 (0%)
2021
$8,883 (0%)
$464,600 (0%)
2020
$8,883 (+5.46%)
$464,600 (0%)
2019
$8,423 (+0.67%)
$464,600 (0%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
7 Gloucester Pl
Morristown, NJ 07960
This Property
-
2 Bed
2 Bath
1,766 Sq. Ft.
1961 Year Built
1
30 Bonnell Lane
Randolph, NJ 7869
$745,000
3 Bed
3 Bath
1,922 Sq. Ft.
1985 Year Built
2
15 Ventosa Drive
Morris Township, NJ 7960
$1,157,000
5 Bed
0 Bath
0 Sq. Ft.
1960 Year Built
3
9 ORCHARD ST
Morristown Town, NJ 7960
$585,000
4 Bed
2 Bath
0 Sq. Ft.
1900 Year Built
4
32 Mark Twain Drive
Morris Township, NJ 7960
$1,450,000
4 Bed
0 Bath
0 Sq. Ft.
1990 Year Built
5
15 Sunset Road
Morris Plains, NJ 7950
$790,000
3 Bed
2 Bath
1,482 Sq. Ft.
1900 Year Built
6
26 N Star Drive
Morris Township, NJ 7960
$765,000
3 Bed
0 Bath
0 Sq. Ft.
1950 Year Built
7
73 Madison
Morristown Town, NJ 7960
$760,000
4 Bed
0 Bath
0 Sq. Ft.
1900 Year Built
8
26 Franklin
Morristown Town, NJ 7960
$1,900,000
6 Bed
0 Bath
0 Sq. Ft.
1900 Year Built
9
42 Glacier
Par-troy Hills Twp., NJ 7950
$890,700
4 Bed
0 Bath
0 Sq. Ft.
1970 Year Built
10
44 RIDGEDALE AVE Unit 27
Morristown Town, NJ 7960
$477,000
1 Bed
2 Bath
1,166 Sq. Ft.
1900 Year Built
Sales in a non-disclosure state
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Market Trends
Morristown
07960
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Jun 2024
$835,000
May 2025
$879,000
Change
+5.3%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Jun 2024
63 Days
May 2025
56 Days
Change
-11.1%
1 Year
2 Years
5 Years
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Supply and Demand
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specified market, where available.
For Sale
Sold
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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Nearby Schools
Rating
School Name
Grades
Distance
6-8
1.1 mi
3-5
1.7 mi
PK-2
2.2 mi
9-12
2.2 mi
7-12
1.9 mi
9-12
2.2 mi
K-8
3.4 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
