When was 52 Lathrop Ave, Madison Boro, NJ last sold?

The most recent recorded sale was in 2001 for $1.

What is the assessed value of 52 Lathrop Ave, Madison Boro, NJ?

The total municipal assessment is $392,900 (land plus improvements).

What is 52 Lathrop Ave, Madison Boro, NJ worth?

Our model estimates a market value of $652,441, derived from comparable recorded sales nearby.

What kind of property is 52 Lathrop Ave, Madison Boro, NJ?

MOD-IV classifies it as Commercial (class 4A). Year built: 1950.

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52 Lathrop Ave, Madison Boro, NJ — owner, sales, deeds · parceldata

52 Lathrop Ave

Madison Boro, NJ·Morris County

1417·block 4305·lot 6

$652,441estimated value

Last sale

1/26/2001 · taxrecords_nj

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

Property

Type

Commercial

Tax class

Commercial

Year built

1950

Building size

900 sq ft

Lot size

0.32 ac

Land description

140X98 AV

Building description

2SFCB APT & G

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$392,900

Land value

$315,600

Improvement value

$77,300

Last year's tax

$8,369

Last MOD-IV sale

MOD-IV deed date

1/19/2001

Owner mailing address

9 HERMS PL
MORRISTOWN, N.J. 07961

Estimated market value

$652,441

range $554,575 – $750,307

moderate confidence

Assessment-implied: $652,441; Director's Ratio 0.6022 (2025)
Comparable sales: none in 36 months

Estimated value, last 11 years

2016: $348,633 → 2026: $652,441

Sales history

1/26/2001$1
taxrecords_njBk 5318 / Pg 201
1/19/2001$1
MOD-IV (Rutgers)Bk 5318 / Pg 201

Date	Price	Book / Page	Source

Bordering

200-ft notice list →

29 Douglas Ave
Lot 10·$791,300
31 Douglas Ave
Lot 12.03·$858,500
58 Lathrop Ave
Lot 5.02·$819,000
48 Lathrop Ave
Lot 7.01·$494,900
27 Douglas Ave
Lot 9·$454,500

Block 4305All of Block 4305 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 3,
  "portfolioKeys": {
    "fullKeys": [
      "9 HERMS PL MORRISTOWN N J 07961"
    ],
    "zipKeys": [
      "9 HERMS PL 07961"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1417_4305_6",
  "county_code": "14",
  "district_code": "17",
  "block": "4305",
  "lot": "6",
  "qualifier": "",
  "property_location": "52 LATHROP AVE",
  "property_class": "4A",
  "bldg_class": "16",
  "bldg_desc": "2SFCB APT & G",
  "land_desc": "140X98 AV",
  "year_built": 1950,
  "living_sqft": 900,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "31560000",
  "improvement_value_cents": "7730000",
  "net_value_cents": "39290000",
  "last_yr_tx_cents": "836877",
  "deed_date": "2001-01-19",
  "deed_book": "5318",
  "deed_page": "201",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "9 HERMS PL",
  "owner_mailing_city_state_zip": "MORRISTOWN, N.J.  07961",
  "mun_name": "MADISON BORO",
  "calc_acre": "0.315000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.43334040205174,
  "centroid_lat": 40.753958095336046
}

SR1A

[
  {
    "id": "1dc7f2c9-f211-458c-bbe4-c270cf4c35e0",
    "property_id": "5d4295fa-147e-400c-985a-795493b2970a",
    "county_code": "14",
    "district_code": "17",
    "block": "4305",
    "lot": "6",
    "qualifier": "",
    "deed_book": "5318",
    "deed_page": "201",
    "deed_date": "2001-01-19",
    "date_recorded": "2001-01-26",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "71c7835c-b52a-47d1-83fe-6d017b907407",
    "property_id": "5d4295fa-147e-400c-985a-795493b2970a",
    "county_code": "14",
    "district_code": "17",
    "block": "4305",
    "lot": "6",
    "qualifier": "",
    "deed_book": "5318",
    "deed_page": "201",
    "deed_date": "2001-01-19",
    "date_recorded": "2001-01-19",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 52 Lathrop Ave, Madison Boro, NJ last sold?: The most recent recorded sale was in 2001 for $1.
What is the assessed value of 52 Lathrop Ave, Madison Boro, NJ?: The total municipal assessment is $392,900 (land plus improvements).
What is 52 Lathrop Ave, Madison Boro, NJ worth?: Our model estimates a market value of $652,441, derived from comparable recorded sales nearby.
What kind of property is 52 Lathrop Ave, Madison Boro, NJ?: MOD-IV classifies it as Commercial (class 4A). Year built: 1950.