MORRISTOWN, N.J – After 20 years of living in a spacious single-family home in tony Short Hills, NJ, Mimi and Ken Heyman decided it was time to simplify their life. Though still fond of the upscale community they’d enjoyed for two decades, the couple was tired of the responsibility of maintaining their larger-than-needed home, and felt the time was right to transition to an urban style of living where they could walk to restaurants, shopping, entertainment, and other lifestyle conveniences.
While the decision to move took some time to debate, the location of their new home was determined in an instant.
“Morristown has everything we could possibly want,” says Mrs. Heyman. “We briefly thought about another town, but Morristown just spoke to us. We’ve been going there for years, really my whole life, and have always enjoyed the lively downtown environment. We were excited about the prospect of being a part of it full-time.”
Wanting to take full advantage of all that Morristown has to offer, the couple quickly discounted living on the outskirts of town, opting instead for a two-bedroom residence at 40 Park, the new luxury condominium building rising along the famed Morristown Green in the center of town.
“We wanted to be in the heart of Morristown, and 40 Park is as well-located as you can get,” Mrs. Heyman points out. “From there, we can walk to fine restaurants, boutique shops, live theater and movies. I also travel into Manhattan once or twice a week and I can walk to the train station from 40 Park. My husband works in Florham Park and appreciates the proximity to Rt. 287. It’s just incredibly convenient.”
While location clearly played an integral role in their decision to purchase at 40 Park, it wasn’t the only factor.
“We travel a lot and love the idea that we won’t have to worry about the security or upkeep of our home while we’re away,” Mrs. Heyman points out.
“We also like the single-level living of the home. We’re not old, but this is a home we can grow old in. The floorplan is very open with a large living/dining area and a separate den. It’s a corner location so there will be great natural light and fresh air, as well as views of the Green.”
As for value, the Heymans believe 40 Park again answers the call.
“Standard features like granite countertops and marble baths are included in the price and are very luxurious, so you don’t need to worry about upgrades,” Mrs. Heyman says. “It’s nice and simple, though we did opt for Viking appliances.”
With construction progressing at 40 Park, the Heymans are planning on moving into their new home early next year, a time frame they say works to their advantage.
“We’re happy to have the year to take our time selling our current home in Short Hills,” explains Mrs. Heyman. “When our new home is ready, we’ll be ready too.”
The Heyman’s story resembles those of a number of buyers who have also purchased at 40 Park, leading to an impressive 50% of the 73 condominium residences sold to date.
“It’s about lifestyle as much as it is about value,” notes Debra Tantleff, a Vice President at Roseland Property Company, which is developing 40 Park with joint venture partner Woodmont Properties. “The Heymans are a perfect example of what our buyers are seeking: the opportunity to enjoy luxurious and maintenance-free condominium living in the heart of a vibrant downtown destination. For them, 40 Park more than fits the bill.”
A wide variety of one-, two- and three-bedroom homes are available at 40 Park, with prices starting from the mid-$500,000s to more than $1 million for the Signature Residences and from $1.3 million to $2.2 million for the penthouses. The penthouses will include extremely large private terraces of up to 1,800 square feet of desirable outdoor space.
Found throughout the homes, depending on the plan, are such upscale features and appointments as 9’ ceiling heights, cherry or walnut wood floors in living areas, spacious kitchens with granite countertops and Jenn-Air® stainless-steel appliances, polished marble floors and countertops with undermount sinks in the master and secondary baths, and balconies with decorative railings and architectural bay windows.
Residents also enjoy a number of private recreational amenities located within the building including the elegantly-designed Park Center which features a lounge area with a fireplace, big screen TV, billiards table and a catering kitchen. There’s also a fitness center with state-of-the-art cardiovascular and weight-training equipment.
Private, secured parking is provided for the residents, while 55,000 square feet of high-end, boutique retailers and restaurants will complement the downtown, pedestrian-friendly setting.
For more information on 40 Park, please call 973-359-0010, or visit the website at http://www.40park.com. The community’s Sales Center is open seven days a week from 10 a.m. to 6 p.m. and is located at 20 South Street, Morristown, NJ 07960.
George M. Cahn