When was 56 Margaret Rd, Jefferson Twp, NJ last sold?

The most recent recorded sale was in 2023 for $350,000.

What is the assessed value of 56 Margaret Rd, Jefferson Twp, NJ?

The total municipal assessment is $325,000 (land plus improvements).

What is 56 Margaret Rd, Jefferson Twp, NJ worth?

Our model estimates a market value of $537,433, derived from comparable recorded sales nearby.

How many units does 56 Margaret Rd, Jefferson Twp, NJ have?

Records show 1 dwelling unit at 56 Margaret Rd, Jefferson Twp, NJ.

What kind of property is 56 Margaret Rd, Jefferson Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1970.

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56 Margaret Rd, Jefferson Twp, NJ — owner, sales, deeds · parceldata

56 Margaret Rd

Jefferson Twp, NJ 07438·Morris County

1414·block 453.04·lot 35

$537,433estimated value

Last sale

$350,000

6/2/2023 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1970

Building size

2,901 sq ft

Lot size

2.04 ac

Land description

2.040 AC

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$325,000

Land value

$162,600

Improvement value

$162,400

Last year's tax

$12,494

Last MOD-IV sale

$350,000

MOD-IV deed date

5/18/2023

Owner mailing address

56 MARGARET RD
OAK RIDGE, NJ 07438

Estimated market value

$537,433

range $480,707 – $611,492

high confidence

Assessment-implied: $466,150; Director's Ratio 0.6972 (2025)
Comp-implied: $784,402; 24 comparable sales

Estimated value, last 11 years

2016: $267,151 → 2026: $537,433

dots are actual sale prices for this property

Based on 24 comparable sales

Address	Sold	Price
12 Cozy Lake Rd	1/14/2026	$450,000
130 Schoolhouse Rd	12/9/2025	$539,900

Bordering

200-ft notice list →

49 Margaret Rd
Lot 1·$385,900
52 Margaret Rd
Lot 23·$449,500
50 Margaret Rd
Lot 23.01·$387,100
80 Milton Rd
Lot 24·$1,095,600
30 Mirror Pl
Lot 34·$445,800
68A Milton Rd
Lot 36·$398,100
Milton Rd
Lot 44

Block 453.04All of Block 453.04 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "56 MARGARET RD OAK RIDGE NJ 07438"
    ],
    "zipKeys": [
      "56 MARGARET RD 07438"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1414_453.04_35",
  "county_code": "14",
  "district_code": "14",
  "block": "453.04",
  "lot": "35",
  "qualifier": "",
  "property_location": "56 MARGARET RD",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1SF",
  "land_desc": "2.040 AC",
  "year_built": 1970,
  "living_sqft": 2901,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "16260000",
  "improvement_value_cents": "16240000",
  "net_value_cents": "32500000",
  "last_yr_tx_cents": "1249433",
  "deed_date": "2023-05-18",
  "deed_book": "24607",
  "deed_page": "1335",
  "sale_price_cents": "35000000",
  "sales_code": null,
  "owner_mailing_street": "56 MARGARET RD",
  "owner_mailing_city_state_zip": "OAK RIDGE, NJ  07438",
  "mun_name": "JEFFERSON TWP",
  "calc_acre": "2.040000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.52000503290307,
  "centroid_lat": 41.02925763751816
}

SR1A

[
  {
    "id": "e4b4925b-7bab-49cc-9415-79fc9cb6ebea",
    "property_id": "7a8804b6-24e0-4f0a-99e2-d6d3e6c5c938",
    "county_code": "14",
    "district_code": "14",
    "block": "453.04",
    "lot": "35",
    "qualifier": "",
    "deed_book": "24607",
    "deed_page": "1335",
    "deed_date": "2023-05-18",
    "date_recorded": "2023-06-02",
    "sale_price_cents": "35000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "21fcd76b-e4b1-4e01-8746-d313602b05cb",
    "property_id": "7a8804b6-24e0-4f0a-99e2-d6d3e6c5c938",
    "county_code": "14",
    "district_code": "14",
    "block": "453.04",
    "lot": "35",
    "qualifier": "",
    "deed_book": "24607",
    "deed_page": "1335",
    "deed_date": "2023-05-18",
    "date_recorded": "2023-05-18",
    "sale_price_cents": "35000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 56 Margaret Rd, Jefferson Twp, NJ last sold?: The most recent recorded sale was in 2023 for $350,000.
What is the assessed value of 56 Margaret Rd, Jefferson Twp, NJ?: The total municipal assessment is $325,000 (land plus improvements).
What is 56 Margaret Rd, Jefferson Twp, NJ worth?: Our model estimates a market value of $537,433, derived from comparable recorded sales nearby.
How many units does 56 Margaret Rd, Jefferson Twp, NJ have?: Records show 1 dwelling unit at 56 Margaret Rd, Jefferson Twp, NJ.
What kind of property is 56 Margaret Rd, Jefferson Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1970.

Sales history

6/2/2023$350,000
taxrecords_njBk 24607 / Pg 1335
5/18/2023$350,000
MOD-IV (Rutgers)Bk 24607 / Pg 1335

Date	Price	Book / Page	Source
6/2/2023	$350,000	24607 / 1335	taxrecords_nj
5/18/2023	$350,000	24607 / 1335	MOD-IV (Rutgers)