What is the assessed value of 5 Colonial Way, East Hanover Twp, NJ?

The total municipal assessment is $360,300 (land plus improvements).

What is 5 Colonial Way, East Hanover Twp, NJ worth?

Our model estimates a market value of $875,317, derived from comparable recorded sales nearby.

How many units does 5 Colonial Way, East Hanover Twp, NJ have?

Records show 1 dwelling unit at 5 Colonial Way, East Hanover Twp, NJ.

What kind of property is 5 Colonial Way, East Hanover Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1963.

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5 Colonial Way, East Hanover Twp, NJ — owner, sales, deeds · parceldata

5 Colonial Way

East Hanover Twp, NJ 07936·Morris County

1410·block 128·lot 48

$875,317estimated value

Last sale

1/17/2001 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1963

Building size

1,641 sq ft

Lot size

0.55 ac

Land description

150X160

Building description

1S F

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$360,300

Land value

$217,600

Improvement value

$142,700

Last year's tax

$9,096

Last MOD-IV sale

MOD-IV deed date

1/11/2001

Owner mailing address

5 COLONIAL WAY
EAST HANOVER, NEW JERSEY 07936

Estimated market value

$875,317

range $849,035 – $901,598

low confidence

Assessment-implied: $700,836; Director's Ratio 0.5141 (2025)
Comp-implied: $933,477; 30 comparable sales

Estimated value, last 11 years

2016: $487,640 → 2026: $875,317

Based on 30 comparable sales

Address	Sold	Price
2 Christine Dr	2/27/2026	$735,000
515 Ridgedale Avenue	2/27/2026	$735,000

Bordering

200-ft notice list →

44 Parkside Dr
Lot 46·$618,400
40 Parkside Dr
Lot 47·$409,400
9 Colonial Way
Lot 49·$379,700

Block 128All of Block 128 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "5 COLONIAL WAY E HANOVER NEW JERSEY 07936"
    ],
    "zipKeys": [
      "5 COLONIAL WAY 07936"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1410_128_48",
  "county_code": "14",
  "district_code": "10",
  "block": "128",
  "lot": "48",
  "qualifier": "",
  "property_location": "5 COLONIAL WAY",
  "property_class": "2",
  "bldg_class": "17.5",
  "bldg_desc": "1S F",
  "land_desc": "150X160",
  "year_built": 1963,
  "living_sqft": 1641,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "21760000",
  "improvement_value_cents": "14270000",
  "net_value_cents": "36030000",
  "last_yr_tx_cents": "909618",
  "deed_date": "2001-01-11",
  "deed_book": "5313",
  "deed_page": "107",
  "sale_price_cents": "0",
  "sales_code": null,
  "owner_mailing_street": "5 COLONIAL WAY",
  "owner_mailing_city_state_zip": "EAST HANOVER, NEW JERSEY  07936",
  "mun_name": "EAST HANOVER TWP",
  "calc_acre": "0.551000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.3958958669106,
  "centroid_lat": 40.80105513949065
}

SR1A

[
  {
    "id": "ee2887f6-8f49-46f7-b299-566a0d6bd8ae",
    "property_id": "9ee6e762-d5b7-4cf7-88c2-7882252be8e2",
    "county_code": "14",
    "district_code": "10",
    "block": "128",
    "lot": "48",
    "qualifier": "",
    "deed_book": "5313",
    "deed_page": "107",
    "deed_date": "2001-01-11",
    "date_recorded": "2001-01-17",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "a8c3bc1c-ab80-4def-9c92-4418bd84bd36",
    "property_id": "9ee6e762-d5b7-4cf7-88c2-7882252be8e2",
    "county_code": "14",
    "district_code": "10",
    "block": "128",
    "lot": "48",
    "qualifier": "",
    "deed_book": "5313",
    "deed_page": "107",
    "deed_date": "2001-01-11",
    "date_recorded": "2001-01-11",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 5 Colonial Way, East Hanover Twp, NJ?: The total municipal assessment is $360,300 (land plus improvements).
What is 5 Colonial Way, East Hanover Twp, NJ worth?: Our model estimates a market value of $875,317, derived from comparable recorded sales nearby.
How many units does 5 Colonial Way, East Hanover Twp, NJ have?: Records show 1 dwelling unit at 5 Colonial Way, East Hanover Twp, NJ.
What kind of property is 5 Colonial Way, East Hanover Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1963.

Date	Price	Book / Page	Source
1/17/2001	$0	5313 / 107	taxrecords_nj
1/11/2001	$0	5313 / 107	MOD-IV (Rutgers)