When was 62 Lorraine Ter, Boonton Town, NJ last sold?

The most recent recorded sale was in 2021 for $425,000.

What is the assessed value of 62 Lorraine Ter, Boonton Town, NJ?

The total municipal assessment is $236,900 (land plus improvements).

What is 62 Lorraine Ter, Boonton Town, NJ worth?

Our model estimates a market value of $533,537, derived from comparable recorded sales nearby.

How many units does 62 Lorraine Ter, Boonton Town, NJ have?

Records show 1 dwelling unit at 62 Lorraine Ter, Boonton Town, NJ.

What kind of property is 62 Lorraine Ter, Boonton Town, NJ?

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

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

62 Lorraine Ter

Boonton Town, NJ 07005·Morris County

1401·block 33·lot 5

$533,537estimated value

Last sale

$425,000

9/28/2021 · SR1A 2022

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1966

Building size

1,141 sq ft

Lot size

0.08 ac

Land description

41X90

Building description

1SF G1

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$236,900

Land value

$118,500

Improvement value

$118,400

Last year's tax

$8,007

Last MOD-IV sale

MOD-IV deed date

7/19/2013

Owner mailing address

62 LORRAINE TER
BOONTON, NJ 07005

Estimated market value

$533,537

range $469,309 – $597,765

high confidence

Assessment-implied: $374,486; Director's Ratio 0.6326 (2025)
Comparable sales: 1 (below threshold)

Estimated value, last 11 years

2016: $289,781 → 2026: $533,537

dots are actual sale prices for this property

Based on 1 comparable sale

Address	Sold	Price
227 Myrtle Ave	7/31/2023	$285,000

Sales history

Bordering

200-ft notice list →

1225 Cedar St
Lot 3.09·$1,500,800
64 Lorraine Ter
Lot 4·$351,300
60 Lorraine Ter
Lot 6·$378,800

Block 33All of Block 33 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "62 LORRAINE TER BOONTON NJ 07005"
    ],
    "zipKeys": [
      "62 LORRAINE TER 07005"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1401_33_5",
  "county_code": "14",
  "district_code": "01",
  "block": "33",
  "lot": "5",
  "qualifier": "",
  "property_location": "62 LORRAINE TER",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1SF G1",
  "land_desc": "41X90",
  "year_built": 1966,
  "living_sqft": 1141,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "11850000",
  "improvement_value_cents": "11840000",
  "net_value_cents": "23690000",
  "last_yr_tx_cents": "800722",
  "deed_date": "2013-07-19",
  "deed_book": "22383",
  "deed_page": "1550",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "62 LORRAINE TER",
  "owner_mailing_city_state_zip": "BOONTON, NJ  07005",
  "mun_name": "BOONTON TOWN",
  "calc_acre": "0.084700",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.41459419886597,
  "centroid_lat": 40.91195293116189
}

SR1A

[
  {
    "id": "5095b97d-3d50-4da3-9899-fe0014e14060",
    "property_id": null,
    "county_code": "14",
    "district_code": "01",
    "block": "33",
    "lot": "5",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-08-03",
    "date_recorded": "2021-09-28",
    "sale_price_cents": "42500000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "b73d757e-e282-4b0b-b37f-3c00ab37f87f",
    "property_id": "81677a34-264b-440d-bf49-c730ddb9e612",
    "county_code": "14",
    "district_code": "01",
    "block": "33",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22383",
    "deed_page": "1550",
    "deed_date": "2013-07-19",
    "date_recorded": "2013-07-29",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "baa36375-b600-4eff-b641-de2af27ce1f6",
    "property_id": "81677a34-264b-440d-bf49-c730ddb9e612",
    "county_code": "14",
    "district_code": "01",
    "block": "33",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22383",
    "deed_page": "1550",
    "deed_date": "2013-07-19",
    "date_recorded": "2013-07-19",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 62 Lorraine Ter, Boonton Town, NJ last sold?: The most recent recorded sale was in 2021 for $425,000.
What is the assessed value of 62 Lorraine Ter, Boonton Town, NJ?: The total municipal assessment is $236,900 (land plus improvements).
What is 62 Lorraine Ter, Boonton Town, NJ worth?: Our model estimates a market value of $533,537, derived from comparable recorded sales nearby.
How many units does 62 Lorraine Ter, Boonton Town, NJ have?: Records show 1 dwelling unit at 62 Lorraine Ter, Boonton Town, NJ.
What kind of property is 62 Lorraine Ter, Boonton Town, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1966.

Date	Price	Book / Page	Source
9/28/2021	$425,000	—	SR1A 2022
7/29/2013	$1	22383 / 1550	taxrecords_nj
7/19/2013	$1	22383 / 1550	MOD-IV (Rutgers)