When was 2 Melrose Dr, Chester Boro, NJ last sold?

The most recent recorded sale was in 2020 for $260,000.

What is the assessed value of 2 Melrose Dr, Chester Boro, NJ?

The total municipal assessment is $452,500 (land plus improvements).

What is 2 Melrose Dr, Chester Boro, NJ worth?

Our model estimates a market value of $455,013, derived from comparable recorded sales nearby.

How many units does 2 Melrose Dr, Chester Boro, NJ have?

Records show 1 dwelling unit at 2 Melrose Dr, Chester Boro, NJ.

What kind of property is 2 Melrose Dr, Chester Boro, NJ?

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

parceldata.nj

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2 Melrose Dr, Chester Boro, NJ — owner, sales, deeds · parceldata

2 Melrose Dr

Chester Boro, NJ·Morris County

1406·block 112·lot 6

$455,013estimated value

Last sale

$260,000

4/7/2020 · SR1A 2020

4 other properties share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1962

Building size

1,420 sq ft

Lot size

0.46 ac

Land description

109X184

Building description

1S-F;1GAR

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$452,500

Land value

$251,000

Improvement value

$201,500

Last year's tax

$9,273

Last MOD-IV sale

$260,000

MOD-IV deed date

3/19/2020

Owner mailing address

42 FURNACE RD
CHESTER, NJ 07930

Estimated market value

$455,013

range $338,059 – $535,743

moderate confidence

Assessment-implied: $503,449; Director's Ratio 0.8988 (2025)
Comp-implied: $536,254; 5 comparable sales

Estimated value, last 10 years

2016: $385,118 → 2025: $455,013

dots are actual sale prices for this property

Based on 5 comparable sales

Address	Sold	Price
28 North Rd	12/15/2025	$332,000
39 Hillside Rd

Bordering

200-ft notice list →

100 Oakdale Rd
Lot 5·$1,116,200
4 Melrose Dr
Lot 7·$510,800

Block 112All of Block 112 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 4,
  "portfolioKeys": {
    "fullKeys": [
      "42 FURNACE RD CHESTER NJ 07930"
    ],
    "zipKeys": [
      "42 FURNACE RD 07930"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1406_112_6",
  "county_code": "14",
  "district_code": "06",
  "block": "112",
  "lot": "6",
  "qualifier": "",
  "property_location": "2 MELROSE DR",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1S-F;1GAR",
  "land_desc": "109X184",
  "year_built": 1962,
  "living_sqft": 1420,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "25100000",
  "improvement_value_cents": "20150000",
  "net_value_cents": "45250000",
  "last_yr_tx_cents": "927254",
  "deed_date": "2020-03-19",
  "deed_book": "23747",
  "deed_page": "281",
  "sale_price_cents": "26000000",
  "sales_code": null,
  "owner_mailing_street": "42 FURNACE RD",
  "owner_mailing_city_state_zip": "CHESTER, NJ  07930",
  "mun_name": "CHESTER BORO",
  "calc_acre": "0.460000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.68881913810516,
  "centroid_lat": 40.793467966974276
}

SR1A

[
  {
    "id": "806d1dba-7679-422e-b1ca-ef941cf9aa4f",
    "property_id": null,
    "county_code": "14",
    "district_code": "06",
    "block": "112",
    "lot": "6",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2020-03-19",
    "date_recorded": "2020-04-07",
    "sale_price_cents": "26000000",
    "sr1a_year": 2020,
    "source": "sr1a"
  },
  {
    "id": "25a1e249-e21f-4a64-9b81-0fb831681c73",
    "property_id": "876c5ea7-db1c-442c-8ae9-3b4c60cda71d",
    "county_code": "14",
    "district_code": "06",
    "block": "112",
    "lot": "6",
    "qualifier": "",
    "deed_book": "23747",
    "deed_page": "281",
    "deed_date": "2020-03-19",
    "date_recorded": "2020-04-07",
    "sale_price_cents": "26000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "990affdd-24d8-4882-a824-40f1efa1b118",
    "property_id": "876c5ea7-db1c-442c-8ae9-3b4c60cda71d",
    "county_code": "14",
    "district_code": "06",
    "block": "112",
    "lot": "6",
    "qualifier": "",
    "deed_book": "23747",
    "deed_page": "281",
    "deed_date": "2020-03-19",
    "date_recorded": "2020-03-19",
    "sale_price_cents": "26000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 2 Melrose Dr, Chester Boro, NJ last sold?: The most recent recorded sale was in 2020 for $260,000.
What is the assessed value of 2 Melrose Dr, Chester Boro, NJ?: The total municipal assessment is $452,500 (land plus improvements).
What is 2 Melrose Dr, Chester Boro, NJ worth?: Our model estimates a market value of $455,013, derived from comparable recorded sales nearby.
How many units does 2 Melrose Dr, Chester Boro, NJ have?: Records show 1 dwelling unit at 2 Melrose Dr, Chester Boro, NJ.
What kind of property is 2 Melrose Dr, Chester Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1962.

Sales history

4/7/2020$260,000
SR1A 2020
4/7/2020$260,000
taxrecords_njBk 23747 / Pg 281
3/19/2020$260,000
MOD-IV (Rutgers)Bk 23747 / Pg 281

Date	Price	Book / Page	Source
4/7/2020	$260,000	—	SR1A 2020
4/7/2020	$260,000	23747 / 281	taxrecords_nj
3/19/2020	$260,000	23747 / 281	MOD-IV (Rutgers)