When was 48 Lorraine Ter, Boonton Town, NJ last sold?

The most recent recorded sale was in 2000 for $200,000.

What is the assessed value of 48 Lorraine Ter, Boonton Town, NJ?

The total municipal assessment is $333,000 (land plus improvements).

What is 48 Lorraine Ter, Boonton Town, NJ worth?

Our model estimates a market value of $666,033, derived from comparable recorded sales nearby.

How many units does 48 Lorraine Ter, Boonton Town, NJ have?

Records show 2 dwelling units at 48 Lorraine Ter, Boonton Town, NJ.

What kind of property is 48 Lorraine Ter, Boonton Town, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1966.

parceldata.nj

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48 Lorraine Ter, Boonton Town, NJ — owner, sales, deeds · parceldata

48 Lorraine Ter

Boonton Town, NJ 07005·Morris County

1401·block 33·lot 12

$666,033estimated value

Units

from MOD-IV (2-char max)

Last sale

$200,000

6/29/2000 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1966

Building size

2,304 sq ft

Lot size

0.12 ac

Land description

51X101

Building description

2SF G2

Dwelling / commercial units

2 dw / 0 comm

Tax & Assessment

Net assessed value

$333,000

Land value

$139,500

Improvement value

$193,500

Last year's tax

$11,255

Last MOD-IV sale

$200,000

MOD-IV deed date

6/26/2000

Owner mailing address

48 LORRAINE TER
BOONTON, NJ 07005

Estimated market value

$666,033

range $561,860 – $780,140

low confidence

Assessment-implied: $526,399; Director's Ratio 0.6326 (2025)
Comp-implied: $712,577; 22 comparable sales

Estimated value, last 11 years

2016: $361,743 → 2026: $666,033

Based on 22 comparable sales

Address	Sold	Price
215 Fulton St	12/8/2025	$601,000
719 Hillside Ave	10/22/2025	$655,000

Bordering

200-ft notice list →

50 Lorraine Ter
Lot 11·$346,800
46 Lorraine Ter
Lot 13·$360,300
614 Oak St
Lot 3.03·$323,100

Block 33All of Block 33 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "48 LORRAINE TER BOONTON NJ 07005"
    ],
    "zipKeys": [
      "48 LORRAINE TER 07005"
    ]
  },
  "effective_unit_count": 2,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1401_33_12",
  "county_code": "14",
  "district_code": "01",
  "block": "33",
  "lot": "12",
  "qualifier": "",
  "property_location": "48 LORRAINE TER",
  "property_class": "2",
  "bldg_class": "47",
  "bldg_desc": "2SF G2",
  "land_desc": "51X101",
  "year_built": 1966,
  "living_sqft": 2304,
  "dwelling_units": 2,
  "comm_dwell": null,
  "land_value_cents": "13950000",
  "improvement_value_cents": "19350000",
  "net_value_cents": "33300000",
  "last_yr_tx_cents": "1125540",
  "deed_date": "2000-06-26",
  "deed_book": "5202",
  "deed_page": "234",
  "sale_price_cents": "20000000",
  "sales_code": null,
  "owner_mailing_street": "48 LORRAINE TER",
  "owner_mailing_city_state_zip": "BOONTON, NJ  07005",
  "mun_name": "BOONTON TOWN",
  "calc_acre": "0.118300",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.41402395333803,
  "centroid_lat": 40.91282777504591
}

SR1A

[
  {
    "id": "cec608ee-0354-471d-802b-01711102ee0a",
    "property_id": "e1db504f-521a-4eaa-9cb0-d158e935afe7",
    "county_code": "14",
    "district_code": "01",
    "block": "33",
    "lot": "12",
    "qualifier": "",
    "deed_book": "5202",
    "deed_page": "234",
    "deed_date": "2000-06-26",
    "date_recorded": "2000-06-29",
    "sale_price_cents": "20000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d2210b45-aac9-44bc-84a7-38c0fb07439f",
    "property_id": "e1db504f-521a-4eaa-9cb0-d158e935afe7",
    "county_code": "14",
    "district_code": "01",
    "block": "33",
    "lot": "12",
    "qualifier": "",
    "deed_book": "5202",
    "deed_page": "234",
    "deed_date": "2000-06-26",
    "date_recorded": "2000-06-26",
    "sale_price_cents": "20000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 48 Lorraine Ter, Boonton Town, NJ last sold?: The most recent recorded sale was in 2000 for $200,000.
What is the assessed value of 48 Lorraine Ter, Boonton Town, NJ?: The total municipal assessment is $333,000 (land plus improvements).
What is 48 Lorraine Ter, Boonton Town, NJ worth?: Our model estimates a market value of $666,033, derived from comparable recorded sales nearby.
How many units does 48 Lorraine Ter, Boonton Town, NJ have?: Records show 2 dwelling units at 48 Lorraine Ter, Boonton Town, NJ.
What kind of property is 48 Lorraine Ter, Boonton Town, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1966.

Sales history

6/29/2000$200,000
taxrecords_njBk 5202 / Pg 234
6/26/2000$200,000
MOD-IV (Rutgers)Bk 5202 / Pg 234

Date	Price	Book / Page	Source
6/29/2000	$200,000	5202 / 234	taxrecords_nj
6/26/2000	$200,000	5202 / 234	MOD-IV (Rutgers)