When was 3 Prospect St, Mendham Boro, NJ last sold?

The most recent recorded sale was in 1993 for $322,500.

What is the assessed value of 3 Prospect St, Mendham Boro, NJ?

The total municipal assessment is $739,900 (land plus improvements).

What is 3 Prospect St, Mendham Boro, NJ worth?

Our model estimates a market value of $902,411, derived from comparable recorded sales nearby.

How many units does 3 Prospect St, Mendham Boro, NJ have?

Records show 1 dwelling unit at 3 Prospect St, Mendham Boro, NJ.

What kind of property is 3 Prospect St, Mendham Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1935.

parceldata.nj

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3 Prospect St, Mendham Boro, NJ — owner, sales, deeds · parceldata

3 Prospect St

Mendham Boro, NJ 07945·Morris County

1418·block 1902·lot 15

$902,411estimated value

Last sale

$322,500

1/18/1994 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1935

Building size

2,892 sq ft

Lot size

0.64 ac

Land description

0.640 AC

Building description

1.5S B G2

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$739,900

Land value

$327,000

Improvement value

$412,900

Last year's tax

$18,202

Last MOD-IV sale

$322,500

MOD-IV deed date

12/28/1993

Owner mailing address

3 PROSPECT ST
MENDHAM, NJ 07945

Estimated market value

$902,411

range $721,849 – $1,170,067

moderate confidence

Assessment-implied: $1,030,358; Director's Ratio 0.7181 (2025)
Comp-implied: $838,437; 8 comparable sales

Estimated value, last 11 years

2016: $678,320 → 2026: $902,411

Based on 8 comparable sales

Address	Sold	Price
5 Hillcrest Ave	7/30/2025	$915,000
2 Adams Pl	5/22/2025	$1,035,000

Bordering

200-ft notice list →

5 Prospect St
Lot 14·$650,000
1 Prospect St
Lot 16.02·$886,200
13 Hilltop Rd
Lot 17·$862,300

Block 1902All of Block 1902 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "3 PROSPECT ST MENDHAM NJ 07945"
    ],
    "zipKeys": [
      "3 PROSPECT ST 07945"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1418_1902_15",
  "county_code": "14",
  "district_code": "18",
  "block": "1902",
  "lot": "15",
  "qualifier": "",
  "property_location": "3 PROSPECT ST",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": "1.5S B G2",
  "land_desc": "0.640 AC",
  "year_built": 1935,
  "living_sqft": 2892,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "32700000",
  "improvement_value_cents": "41290000",
  "net_value_cents": "73990000",
  "last_yr_tx_cents": "1820154",
  "deed_date": "1993-12-28",
  "deed_book": "3908",
  "deed_page": "232",
  "sale_price_cents": "32250000",
  "sales_code": null,
  "owner_mailing_street": "3 PROSPECT ST",
  "owner_mailing_city_state_zip": "MENDHAM, NJ  07945",
  "mun_name": "MENDHAM BORO",
  "calc_acre": "0.640000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.60087718289718,
  "centroid_lat": 40.77366965957844
}

SR1A

[
  {
    "id": "bb5f5cb8-eef1-42fa-94a9-5e45fa178714",
    "property_id": "c02808dc-6407-4d6e-a164-09d0b772b048",
    "county_code": "14",
    "district_code": "18",
    "block": "1902",
    "lot": "15",
    "qualifier": "",
    "deed_book": "3908",
    "deed_page": "232",
    "deed_date": "1993-12-28",
    "date_recorded": "1994-01-18",
    "sale_price_cents": "32250000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "a3c4cb45-f8c5-4155-a9b8-fbff7aa7f66e",
    "property_id": "c02808dc-6407-4d6e-a164-09d0b772b048",
    "county_code": "14",
    "district_code": "18",
    "block": "1902",
    "lot": "15",
    "qualifier": "",
    "deed_book": "3908",
    "deed_page": "232",
    "deed_date": "1993-12-28",
    "date_recorded": "1993-12-28",
    "sale_price_cents": "32250000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 3 Prospect St, Mendham Boro, NJ last sold?: The most recent recorded sale was in 1993 for $322,500.
What is the assessed value of 3 Prospect St, Mendham Boro, NJ?: The total municipal assessment is $739,900 (land plus improvements).
What is 3 Prospect St, Mendham Boro, NJ worth?: Our model estimates a market value of $902,411, derived from comparable recorded sales nearby.
How many units does 3 Prospect St, Mendham Boro, NJ have?: Records show 1 dwelling unit at 3 Prospect St, Mendham Boro, NJ.
What kind of property is 3 Prospect St, Mendham Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1935.

Sales history

1/18/1994$322,500
taxrecords_njBk 3908 / Pg 232
12/28/1993$322,500
MOD-IV (Rutgers)Bk 3908 / Pg 232

Date	Price	Book / Page	Source
1/18/1994	$322,500	3908 / 232	taxrecords_nj
12/28/1993	$322,500	3908 / 232	MOD-IV (Rutgers)