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CondominiumResidential

2 Altamont Ct

MORRISTOWN, NJ 07960
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
1935
Year BuiltThe year the home was originally built, according to county records.
Built 193522 units480–880 ft²
$9.1M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$393K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$630
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+48.2%vs the Morristown ZIP median sale $/ft² ($425)

Sales Performance

$401K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-5.6%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
4.5%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+4.6%per yeartypical hold 8.4 yrsfrom 33 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19911994200520092014201820222025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19911994200520092014201820222025

54 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$371K$437K$502K$568K480 ft²560 ft²640 ft²720 ft²800 ft²880 ft²
Studio
Studio
22 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 0 ba · 640 ft²
4 units
Studio · 0 ba · 680 ft²
4 units
Studio · 0 ba · 560 ft²
3 units
Studio · 0 ba · 600 ft²
3 units
Studio · 0 ba · 480 ft²
2 units
Studio · 0 ba · 720 ft²
2 units
Studio · 0 ba · 800 ft²
2 units
One-off layouts
2 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$371K–$395K
12 units
$403K–$411K
3 units
$425K–$442K
4 units
$469K–$469K
1 unit
$493K–$493K
1 unit
$568K–$568K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.32%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.18%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.5.1 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.42%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.44%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$415,711
Median tax billThe middle annual property tax bill among the building's units.$4,827
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 25Nov 21, 2025$401,000Unit 22Jun 2, 2025$425,000Unit 11Jul 30, 2024$490,000Unit 16May 24, 2024$340,000Unit 8Nov 27, 2023$380,000Unit 27Mar 13, 2023$310,000Unit 14Oct 11, 2022$309,000Unit 1Sep 13, 2022$450,000Unit 26Jul 29, 2022$310,000Unit 17Apr 18, 2022$305,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.34
PoolWhether the property has a pool, and what kind, such as in-ground.No

Neighborhood · ZIP 07960These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.94
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.105

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.47,815
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,393 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$148,315
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$203,292
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.52 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

2 Altamont Ct
880 ft²
$410K
2 Altamont Ct # 1
800 ft²
$568K
2 Altamont Ct
720 ft²
$428K
2 Altamont Ct # 4
680 ft²
$493K
2 Altamont Ct # 5
600 ft²
$388K
2 Altamont Ct # 6
640 ft²
$376K
2 Altamont Ct # 7
640 ft²
$395K
2 Altamont Ct # 8
560 ft²
$379K
2 Altamont Ct # 11
800 ft²
$469K
2 Altamont Ct # 12
680 ft²
$376K
2 Altamont Ct # 14
680 ft²
$392K
2 Altamont Ct # 15
600 ft²
$388K
2 Altamont Ct # 16
480 ft²
$371K
2 Altamont Ct # 17
640 ft²
$376K
2 Altamont Ct # 18
560 ft²
$385K
2 Altamont Ct # 21
700 ft²
$425K
2 Altamont Ct # 22
720 ft²
$442K
2 Altamont Ct # 24
680 ft²
$437K
2 Altamont Ct # 25
600 ft²
$411K
2 Altamont Ct # 26
480 ft²
$375K
2 Altamont Ct # 27
640 ft²
$372K
2 Altamont Ct # 28
560 ft²
$403K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 2 Altamont Ct

How many units are in 2 Altamont Ct, Morristown, NJ?

2 Altamont Ct, Morristown, NJ has 22 residential units across built in 1935, according to county assessor records.

What is a unit at 2 Altamont Ct, Morristown, NJ worth?

The median TopHap Estimate across the 22 units at 2 Altamont Ct, Morristown, NJ is $393,305. That works out to $630 per square foot. Units run from 480 to 880 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 2 Altamont Ct, Morristown, NJ expensive for Morristown?

Units at 2 Altamont Ct, Morristown, NJ carry a median of $630 per square foot, 48% above the Morristown median of $425 per square foot.

How often do units sell at 2 Altamont Ct, Morristown, NJ?

1 units at 2 Altamont Ct, Morristown, NJ sold in the last 12 months, out of 54 recorded arms-length sales all time. That is a turnover rate of 4.5% of the building per year. The median sale over that period was $401K.

Have units at 2 Altamont Ct, Morristown, NJ appreciated?

Across 33 repeat sales of the same unit, 2 Altamont Ct, Morristown, NJ returned a median 4.6% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 8.4 years.

What floor plans does 2 Altamont Ct, Morristown, NJ have?

The most common plan at 2 Altamont Ct, Morristown, NJ is a 0-bedroom of 640 square feet, repeated 4 times, with a median estimate of $376,188. TopHap identifies 7 recurring plans in the building.

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