When was 503 Lathrop Ave, Boonton Town, NJ last sold?

The most recent recorded sale was in 2010 for $323,700.

What is the assessed value of 503 Lathrop Ave, Boonton Town, NJ?

The total municipal assessment is $314,900 (land plus improvements).

What is 503 Lathrop Ave, Boonton Town, NJ worth?

Our model estimates a market value of $589,614, derived from comparable recorded sales nearby.

How many units does 503 Lathrop Ave, Boonton Town, NJ have?

Records show 1 dwelling unit at 503 Lathrop Ave, Boonton Town, NJ.

What kind of property is 503 Lathrop Ave, Boonton Town, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1915.

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503 Lathrop Ave, Boonton Town, NJ — owner, sales, deeds · parceldata

503 Lathrop Ave

Boonton Town, NJ 07005·Morris County

1401·block 90·lot 72

$589,614estimated value

Last sale

$323,700

7/12/2010 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1915

Building size

1,636 sq ft

Lot size

0.17 ac

Land description

50X150

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$314,900

Land value

$150,800

Improvement value

$164,100

Last year's tax

$10,644

Last MOD-IV sale

$323,700

MOD-IV deed date

6/25/2010

Owner mailing address

503 LATHROP AVE
BOONTON, NJ 07005

Estimated market value

$589,614

range $456,071 – $647,163

moderate confidence

Assessment-implied: $497,787; Director's Ratio 0.6326 (2025)
Comp-implied: $620,223; 30 comparable sales

Estimated value, last 11 years

2016: $320,238 → 2026: $589,614

Based on 30 comparable sales

Address	Sold	Price
222 Mechanic St	4/22/2026	$599,000
123 Old Boonton Rd	4/21/2026	$531,404

Bordering

200-ft notice list →

507 Lathrop Ave
Lot 73·$333,500
129 Banta Ln
Lot 77·$441,200

Block 90All of Block 90 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1401_90_72",
  "county_code": "14",
  "district_code": "01",
  "block": "90",
  "lot": "72",
  "qualifier": "",
  "property_location": "503 LATHROP AVE",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SF",
  "land_desc": "50X150",
  "year_built": 1915,
  "living_sqft": 1636,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "15080000",
  "improvement_value_cents": "16410000",
  "net_value_cents": "31490000",
  "last_yr_tx_cents": "1064362",
  "deed_date": "2010-06-25",
  "deed_book": "21576",
  "deed_page": "1631",
  "sale_price_cents": "32370000",
  "sales_code": null,
  "owner_mailing_street": "503 LATHROP AVE",
  "owner_mailing_city_state_zip": "BOONTON, NJ  07005",
  "mun_name": "BOONTON TOWN",
  "calc_acre": "0.172200",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.39956843068049,
  "centroid_lat": 40.90257902297008
}

SR1A

[
  {
    "id": "f3e959d4-227c-47c1-8b3b-0f510abba8f8",
    "property_id": "7f9c57e0-2f86-4408-ac7e-833129459a7b",
    "county_code": "14",
    "district_code": "01",
    "block": "90",
    "lot": "72",
    "qualifier": "",
    "deed_book": "21576",
    "deed_page": "1631",
    "deed_date": "2010-06-25",
    "date_recorded": "2010-07-12",
    "sale_price_cents": "32370000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "0800267a-f5ce-40e4-90ac-fec0fc38b104",
    "property_id": "7f9c57e0-2f86-4408-ac7e-833129459a7b",
    "county_code": "14",
    "district_code": "01",
    "block": "90",
    "lot": "72",
    "qualifier": "",
    "deed_book": "21576",
    "deed_page": "1631",
    "deed_date": "2010-06-25",
    "date_recorded": "2010-06-25",
    "sale_price_cents": "32370000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 503 Lathrop Ave, Boonton Town, NJ last sold?: The most recent recorded sale was in 2010 for $323,700.
What is the assessed value of 503 Lathrop Ave, Boonton Town, NJ?: The total municipal assessment is $314,900 (land plus improvements).
What is 503 Lathrop Ave, Boonton Town, NJ worth?: Our model estimates a market value of $589,614, derived from comparable recorded sales nearby.
How many units does 503 Lathrop Ave, Boonton Town, NJ have?: Records show 1 dwelling unit at 503 Lathrop Ave, Boonton Town, NJ.
What kind of property is 503 Lathrop Ave, Boonton Town, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1915.

Sales history

7/12/2010$323,700
taxrecords_njBk 21576 / Pg 1631
6/25/2010$323,700
MOD-IV (Rutgers)Bk 21576 / Pg 1631

Date	Price	Book / Page	Source
7/12/2010	$323,700	21576 / 1631	taxrecords_nj
6/25/2010	$323,700	21576 / 1631	MOD-IV (Rutgers)