40 Park features 74 luxury condominium homes rising along the Morristown Green in the heart of town.

40 Park features 74 luxury condominium homes rising along the Morristown Green in the heart of town.

MORRISTOWN, N.J – While 37 year-old Matt Krauser has long been a fan of Morristown, NJ, it took him 12 years to finally call it home.

Krauser spent seven years renting an apartment in Manhattan, commuting to work in Morristown and then Whippany. Wanting to be closer to work, he gave up the city life for a new home in Basking Ridge.

“At the time, there was no new luxury condominium offering in Morristown,” Matt explains. “If there was, I certainly would have moved there.”

Five years of living in Basking Ridge left Krauser longing for a more convenient and vibrant lifestyle.

“It was just too quiet,” he says. “I missed the energy of urban living.”

Matt then heard about the launch of 40 Park, a new residential development featuring 74 luxury condominium homes rising along the Morristown Green in the heart of town.

“It was really a dream come true,” he recalls. “For me, it’s about lifestyle and convenience, and 40 Park offered both. To have a downtown location with that New York City feel in the suburbs is truly the best of all worlds.”

Matt purchased a large one-bedroom home with a den on the fourth floor that will overlook a European-styled piazza with water features and benches.

“I’ve gone to restaurants in Morristown, I’ve shopped in Morristown and I’ve worked in Morristown,” says Matt. “Now I get to live in Morristown.”

While 40 Park has successfully attracted buyers in different stages of life, the reasons for choosing the luxury condominium building have very little variation.

“It’s the appeal of the lifestyle,” notes Debra Tantleff, a Vice President at Roseland Property Company, which is developing 40 Park with joint venture partner Woodmont Properties. “The building’s location allows residents to live a pedestrian-friendly way of life where they can walk to entertainment, parks, restaurants, bars, cultural destinations and public transportation; a desirable level of freedom that is further enhanced by 40 Park’s maintenance-free condominium living and exceptional amenities.”

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 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.


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