15 Hours Ago
Location
40 Grant St #1, Morristown, NJ 07960, USA
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- More space
- Elementary school nearby
Great for
Pet owners
Amenities for 40 Grant St #1
Apartment Amenities
| Central Air | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Basement | Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
| Storage |
Other
| Three Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
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About 40 Grant St #1
Property Status: Active Step into this beautifully renovated 2-bedroom, 1-bath apartment at 40 Grant Street, Unit 1 in Morristown, perfectly blending modern updates with everyday comfort in a prime in-town location. This inviting home features an updated kitchen with stainless steel appliances, complemented by gleaming hardwood floors and a bright, open feel throughout. Enjoy year-round comfort with central air and forced hot air heating. Designed for convenience, the unit includes two assigned parking spaces and a private laundry room with additional storage?a rare and valuable feature. Start your mornings or unwind in the evenings on your charming front porch, offering a welcoming outdoor retreat. All of this just moments from downtown Morristown?s shops, dining, and entertainment, making this an ideal opportunity for those seeking style, convenience, and location. Office Phone: (973) 315-8180 Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 40 Grant St #1 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 mile away
- More space
- The 4-bedroom is 1900 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
- Pet friendly
- Rentals at this address allow pets
Address details
| Zip code | 07960 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Morristown
2-bedroom apartments at 40 Grant St #1 cost about 20% less than the average rent price for 2-bedroom apartments in Morristown.
Median rents as of Apr 11 2026.
Morristown
| Month | Median Rent |
|---|---|
| April 2024 | $3,880 |
| May 2024 | $3,848 |
| June 2024 | $3,876 |
| July 2024 | $4,026 |
| August 2024 | $3,860 |
| September 2024 | $3,739 |
| October 2024 | $3,714 |
| November 2024 | $3,369 |
| December 2024 | $3,447 |
| January 2025 | $3,343 |
| February 2025 | $2,978 |
| March 2025 | $2,940 |
| April 2025 | $3,212 |
| May 2025 | $3,445 |
| June 2025 | $3,581 |
| July 2025 | $3,557 |
| August 2025 | $3,409 |
| September 2025 | $3,310 |
| October 2025 | $3,294 |
| November 2025 | $3,370 |
| December 2025 | $3,368 |
| January 2026 | $3,279 |
| February 2026 | $3,313 |
| March 2026 | $3,488 |
| April 2026 | $3,529 |
Affordability calculator
Can I afford to live at 40 Grant St #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$111,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $111,600 annually to afford this 2-bedrooms monthly rent price of $2,790.
For more information on rent affordability, visit our rent calculator.
Schools near 40 Grant St #1
Alexander Hamilton School
24 mills st
morristown, NJ, 7960
3-5Public
B+
Sussex Avenue School
125 sussex ave
morristown, NJ, 7960
3-5Public
B+
Lafayette Learning Center Preschool
31 hazel st
morristown, NJ, 7960
PKPublic
Alfred Vail School
125 speedwell ave
morris plains, NJ, 7950
PK, K-2Public
A-
Hillcrest School
160 hillcrest ave
morristown, NJ, 7960
PK, K-2Public
A-
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Internet available near 40 Grant St #1
Neighborhood
Getting around Morristown near 40 Grant St #1
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 40 Grant St #1, Morristown
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 40 Grant St #1
American Super Market
186 Speedwell Ave
Whole Foods Market
110 Washington St
Market Certitude
1 Speedwell Ave
Pink Grocery Cart Inc
Deli & Grocery
133 Morris St
Variedades Lined
112 Speedwell Ave
Enchanted Images Lingerie
5 Cattano Ave
Athleta
30 W Park Pl
Athleta Girl
30 W Park Pl
Morristown Tailors, LLC
20 Morris St
WFM Coffee Bar
110 Washington St
Tatte Bakery & Cafe Morristown
100 Morris St
Dunkin'
61 Morris St
Kelido Inc
61 Morris St
Smartworld Coffee
74 South St
Horseshoe Tavern
36 Speedwell Ave
SM23
88 Headquarters Plz
SM23 Bar & Lounge
3 Speedwell Ave
Qdoba Mexican Eats
40 W Park Pl
The Office Tavern Grill
3 South St
Xsto Solutions LLC
150 Speedwell Ave
Pan Casero Bakery Corp
199 Speedwell Ave
Kirshenbaum Baking Co.
22 Schuyler Pl
Verrilli's Bakery
3 Martin Luther King Ave
Gourmet Cookware Centrale
45 S Park Pl
Burnham Park
Speedwell Park
Historic Speedwell
Mennen Sports Arena
Washington Headquarters National Park
Long Fellows Inc
160 Speedwell Ave
Portofinos Restaurant
29 Mills St
El Portal Restaurante
132 Speedwell Ave
A & B Bagel & Deli
187 Speedwell Ave
Domino's
147 Speedwell Ave
SPEEDWELL AVE AT SUSSEX AVE
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SPEEDWELL AVE AT SUSSEX AVE
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SPEEDWELL AVE AT CUTLER ST
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SPEEDWELL AVE AT CUTLER ST
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SPEEDWELL AVE AT CATTANO AVE
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MORRISTOWN
Morris & Essex Line
MORRIS PLAINS
Morris & Essex Line
CONVENT
Morris & Essex Line
MADISON
Morris & Essex Line
MOUNT TABOR
Morris & Essex Line
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