When was 537 Lathrop Ave, Boonton Town, NJ last sold?

The most recent recorded sale was in 2002 for $265,000.

What is the assessed value of 537 Lathrop Ave, Boonton Town, NJ?

The total municipal assessment is $299,400 (land plus improvements).

What is 537 Lathrop Ave, Boonton Town, NJ worth?

Our model estimates a market value of $625,409, derived from comparable recorded sales nearby.

How many units does 537 Lathrop Ave, Boonton Town, NJ have?

Records show 1 dwelling unit at 537 Lathrop Ave, Boonton Town, NJ.

What kind of property is 537 Lathrop Ave, Boonton Town, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1930.

parceldata.nj

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

537 Lathrop Ave

Boonton Town, NJ 07005·Morris County

1401·block 90·lot 82.27

$625,409estimated value

Last sale

$265,000

1/15/2003 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1930

Building size

1,710 sq ft

Lot size

0.21 ac

Land description

79X115

Building description

1.5SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$299,400

Land value

$155,800

Improvement value

$143,600

Last year's tax

$10,120

Last MOD-IV sale

$265,000

MOD-IV deed date

12/30/2002

Owner mailing address

537 LATHROP AVE
BOONTON, NJ 07005

Estimated market value

$625,409

range $503,871 – $667,105

low confidence

Assessment-implied: $473,285; Director's Ratio 0.6326 (2025)
Comp-implied: $676,117; 30 comparable sales

Estimated value, last 11 years

2016: $339,679 → 2026: $625,409

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 →

539 Lathrop Ave
Lot 82·$353,800
115 Overlook Ave
Lot 82.26·$424,300

Block 90All of Block 90 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1401_90_82.27",
  "county_code": "14",
  "district_code": "01",
  "block": "90",
  "lot": "82.27",
  "qualifier": "",
  "property_location": "537 LATHROP AVE",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1.5SF",
  "land_desc": "79X115",
  "year_built": 1930,
  "living_sqft": 1710,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "15580000",
  "improvement_value_cents": "14360000",
  "net_value_cents": "29940000",
  "last_yr_tx_cents": "1011972",
  "deed_date": "2002-12-30",
  "deed_book": "5773",
  "deed_page": "40",
  "sale_price_cents": "26500000",
  "sales_code": null,
  "owner_mailing_street": "537 LATHROP AVE",
  "owner_mailing_city_state_zip": "BOONTON, NJ  07005",
  "mun_name": "BOONTON TOWN",
  "calc_acre": "0.208600",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.39880239847022,
  "centroid_lat": 40.903320940196785
}

SR1A

[
  {
    "id": "47bc6b1d-3ef2-4a08-983e-fb6c39073aba",
    "property_id": "bb0ad5d3-bdfe-49cd-9d79-7b834bef27e8",
    "county_code": "14",
    "district_code": "01",
    "block": "90",
    "lot": "82.27",
    "qualifier": "",
    "deed_book": "5773",
    "deed_page": "40",
    "deed_date": "2002-12-30",
    "date_recorded": "2003-01-15",
    "sale_price_cents": "26500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "9462bfb3-071e-40a9-8f29-f02b7d0ff294",
    "property_id": "bb0ad5d3-bdfe-49cd-9d79-7b834bef27e8",
    "county_code": "14",
    "district_code": "01",
    "block": "90",
    "lot": "82.27",
    "qualifier": "",
    "deed_book": "5773",
    "deed_page": "40",
    "deed_date": "2002-12-30",
    "date_recorded": "2002-12-30",
    "sale_price_cents": "26500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 537 Lathrop Ave, Boonton Town, NJ last sold?: The most recent recorded sale was in 2002 for $265,000.
What is the assessed value of 537 Lathrop Ave, Boonton Town, NJ?: The total municipal assessment is $299,400 (land plus improvements).
What is 537 Lathrop Ave, Boonton Town, NJ worth?: Our model estimates a market value of $625,409, derived from comparable recorded sales nearby.
How many units does 537 Lathrop Ave, Boonton Town, NJ have?: Records show 1 dwelling unit at 537 Lathrop Ave, Boonton Town, NJ.
What kind of property is 537 Lathrop Ave, Boonton Town, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1930.

Sales history

1/15/2003$265,000
taxrecords_njBk 5773 / Pg 40
12/30/2002$265,000
MOD-IV (Rutgers)Bk 5773 / Pg 40

Date	Price	Book / Page	Source
1/15/2003	$265,000	5773 / 40	taxrecords_nj
12/30/2002	$265,000	5773 / 40	MOD-IV (Rutgers)