When was 47 Gormley Ln, Butler Boro, NJ last sold?

The most recent recorded sale was in 2021 for $370,000.

What is the assessed value of 47 Gormley Ln, Butler Boro, NJ?

The total municipal assessment is $446,400 (land plus improvements).

What is 47 Gormley Ln, Butler Boro, NJ worth?

Our model estimates a market value of $597,218, derived from comparable recorded sales nearby.

How many units does 47 Gormley Ln, Butler Boro, NJ have?

Records show 1 dwelling unit at 47 Gormley Ln, Butler Boro, NJ.

What kind of property is 47 Gormley Ln, Butler Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1962.

parceldata.nj

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47 Gormley Ln, Butler Boro, NJ — owner, sales, deeds · parceldata

47 Gormley Ln

Butler Boro, NJ 07405·Morris County

1403·block 75.01·lot 9

$597,218estimated value

Last sale

$370,000

10/6/2021 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1962

Building size

2,730 sq ft

Lot size

0.52 ac

Land description

90X250

Building description

1S-F-R-AG-1U

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$446,400

Land value

$335,000

Improvement value

$111,400

Last year's tax

$10,298

Last MOD-IV sale

$370,000

MOD-IV deed date

6/14/2021

Owner mailing address

47 GORMLEY LN
BUTLER, NJ 07405

Estimated market value

$597,218

range $518,396 – $656,971

high confidence

Assessment-implied: $513,103; Director's Ratio 0.8700 (2025)
Comp-implied: $754,091; 28 comparable sales

Estimated value, last 11 years

2016: $337,094 → 2026: $597,218

dots are actual sale prices for this property

Based on 28 comparable sales

Address	Sold	Price
49 Lakeview Ave	1/29/2026	$675,000
2 Holly CT	11/5/2025	$745,000

On Gormley Ln

All 19 on Gormley Ln →

3 Gormley Ln
Lot 3·$449,900
14 Gormley Ln
Lot 10·$541,700
19 Gormley Ln
Lot 2.03·$414,700
20 Gormley Ln
Lot 8·$478,900
22 Gormley Ln
Lot 9·$473,600
24 Gormley Ln
Lot 7·$442,200

Bordering

200-ft notice list →

49 Gormley Ln
Lot 10·$433,800
6 Daniel Ln
Lot 103·$493,000
4 Linden Ln
Lot 106·$449,600
41 Gormley Ln
Lot 8·$859,500

Block 75.01All of Block 75.01 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "47 GORMLEY LN BUTLER NJ 07405"
    ],
    "zipKeys": [
      "47 GORMLEY LN 07405"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1403_75.01_9",
  "county_code": "14",
  "district_code": "03",
  "block": "75.01",
  "lot": "9",
  "qualifier": "",
  "property_location": "47 GORMLEY LN",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "1S-F-R-AG-1U",
  "land_desc": "90X250",
  "year_built": 1962,
  "living_sqft": 2730,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "33500000",
  "improvement_value_cents": "11140000",
  "net_value_cents": "44640000",
  "last_yr_tx_cents": "1029763",
  "deed_date": "2021-06-14",
  "deed_book": "24235",
  "deed_page": "891",
  "sale_price_cents": "37000000",
  "sales_code": null,
  "owner_mailing_street": "47 GORMLEY LN",
  "owner_mailing_city_state_zip": "BUTLER, NJ  07405",
  "mun_name": "BUTLER BORO",
  "calc_acre": "0.516000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.35269285265873,
  "centroid_lat": 40.984515752565564
}

SR1A

[
  {
    "id": "77ffe952-5e34-46fc-99cd-ca365650f67c",
    "property_id": "ebf1216a-601e-4734-bc4e-3a297dbe25d7",
    "county_code": "14",
    "district_code": "03",
    "block": "75.01",
    "lot": "9",
    "qualifier": "",
    "deed_book": "24235",
    "deed_page": "891",
    "deed_date": "2021-06-14",
    "date_recorded": "2021-10-06",
    "sale_price_cents": "37000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "9ebdc613-c430-459b-a899-7ea1bcca11c9",
    "property_id": "ebf1216a-601e-4734-bc4e-3a297dbe25d7",
    "county_code": "14",
    "district_code": "03",
    "block": "75.01",
    "lot": "9",
    "qualifier": "",
    "deed_book": "24235",
    "deed_page": "891",
    "deed_date": "2021-06-14",
    "date_recorded": "2021-06-14",
    "sale_price_cents": "37000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 47 Gormley Ln, Butler Boro, NJ last sold?: The most recent recorded sale was in 2021 for $370,000.
What is the assessed value of 47 Gormley Ln, Butler Boro, NJ?: The total municipal assessment is $446,400 (land plus improvements).
What is 47 Gormley Ln, Butler Boro, NJ worth?: Our model estimates a market value of $597,218, derived from comparable recorded sales nearby.
How many units does 47 Gormley Ln, Butler Boro, NJ have?: Records show 1 dwelling unit at 47 Gormley Ln, Butler Boro, NJ.
What kind of property is 47 Gormley Ln, Butler Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1962.

Sales history

10/6/2021$370,000
taxrecords_njBk 24235 / Pg 891
6/14/2021$370,000
MOD-IV (Rutgers)Bk 24235 / Pg 891

Date	Price	Book / Page	Source
10/6/2021	$370,000	24235 / 891	taxrecords_nj
6/14/2021	$370,000	24235 / 891	MOD-IV (Rutgers)