Home › New Jersey Closing Costs › 16 Prospect Pl
Active Listing · Morris Twp, NJ

16 Prospect Pl, Morris Twp, NJ 07960

$599,000Listing Price
🎓Morristown High School · Morris School District
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3 bd2.0 baSingle FamilyBuilt 196121,344 sqft lot5 days on market

Estimated Closing Costs

Based on the list price of $599,000. Actual costs may vary. Listing data last observed September 25, 2026.

Buyer Closing Costs
$1,299
(0.2%)
Seller Closing Costs
$7,272
(1.2%)
Cost ItemBuyerSeller
Transfer Tax$0$5,174
Recording Fees (Deed)$250—
Owner's Title Insurance—$2,098
Lender's Title Insurance$1,049—
Total$1,299$7,272

Estimates include state and local transfer taxes, county recording fees, and title insurance. Does not include lender fees, prepaid items, or agent commissions. Run the full calculator to adjust the price or see itemized details.

Listed By
Gale Grennan
Weichert, Realtors - Morristown East
MLS (GardenState) #4054137
9732142672galegrennan@gmail.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 16 Prospect Pl, Morris Twp, NJ 07960?

Based on the list price of $599,000, estimated buyer closing costs for 16 Prospect Pl, Morris Twp, NJ 07960 are $1,299 (0.2% of purchase price). Seller closing costs are estimated at $7,272. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Morris Twp, NJ?

Transfer taxes in Morris Twp, NJ are assessed at the state and local level. For 16 Prospect Pl, Morris Twp, NJ 07960 at $599,000, the combined transfer tax estimate is available via the calculator. Rates vary by jurisdiction — the MyClosingCost.com engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 16 Prospect Pl, Morris Twp, NJ 07960, buyers typically pay recording fees and lender's title insurance. Sellers commonly pay owner's title insurance and may share transfer tax costs depending on local custom. The breakdown above shows the estimated split for this address.

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