When was 2 Melrose Ln, Mendham Boro, NJ last sold?

The most recent recorded sale was in 1998 for $649,500.

What is the assessed value of 2 Melrose Ln, Mendham Boro, NJ?

The total municipal assessment is $1,162,700 (land plus improvements).

What is 2 Melrose Ln, Mendham Boro, NJ worth?

Our model estimates a market value of $1,951,201, derived from comparable recorded sales nearby.

How many units does 2 Melrose Ln, Mendham Boro, NJ have?

Records show 1 dwelling unit at 2 Melrose Ln, Mendham Boro, NJ.

What kind of property is 2 Melrose Ln, Mendham Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1998.

parceldata.nj

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2 Melrose Ln, Mendham Boro, NJ — owner, sales, deeds · parceldata

2 Melrose Ln

Mendham Boro, NJ 07945·Morris County

1418·block 201·lot 62.04

$1,951,201estimated value

Last sale

$649,500

10/21/1998 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1998

Building size

4,066 sq ft

Lot size

5.03 ac

Land description

5.034 AC

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,162,700

Land value

$514,500

Improvement value

$648,200

Last year's tax

$28,602

Last MOD-IV sale

$649,500

MOD-IV deed date

4/3/1998

Owner mailing address

2 MELROSE LN
MENDHAM, NJ 07945

Estimated market value

$1,951,201

range $1,870,244 – $2,063,502

low confidence

Assessment-implied: $1,619,134; Director's Ratio 0.7181 (2025)
Comp-implied: $2,117,234; 5 comparable sales

Estimated value, last 11 years

2016: $1,466,670 → 2026: $1,951,201

Based on 5 comparable sales

Address	Sold	Price
1 Kerby Ln	10/8/2025	$2,325,000
11 Kerby Ln	10/8/2025	$2,325,000

Bordering

200-ft notice list →

16 Maple Ave
Lot 13·$641,800
18 Maple Ave
Lot 14·$747,700
20 Maple Ave
Lot 15·$691,100
22 Maple Ave
Lot 16·$577,800
24 Maple Ave
Lot 17·$632,500
26 Maple Ave
Lot 18·$779,900
4 Melrose Ln
Lot 62.03·$1,057,400

Block 201All of Block 201 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1418_201_62.04",
  "county_code": "14",
  "district_code": "18",
  "block": "201",
  "lot": "62.04",
  "qualifier": "",
  "property_location": "2 MELROSE LN",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": null,
  "land_desc": "5.034 AC",
  "year_built": 1998,
  "living_sqft": 4066,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "51450000",
  "improvement_value_cents": "64820000",
  "net_value_cents": "116270000",
  "last_yr_tx_cents": "2860242",
  "deed_date": "1998-04-03",
  "deed_book": "4864",
  "deed_page": "70",
  "sale_price_cents": "64950000",
  "sales_code": null,
  "owner_mailing_street": "2 MELROSE LN",
  "owner_mailing_city_state_zip": "MENDHAM, NJ  07945",
  "mun_name": "MENDHAM BORO",
  "calc_acre": "5.034000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.61227556741483,
  "centroid_lat": 40.78178987293447
}

SR1A

[
  {
    "id": "a9ea6b81-b069-4893-9bb6-fb581c002b1e",
    "property_id": "c76cc3e0-ead6-47d6-873e-60d5e5fa47e9",
    "county_code": "14",
    "district_code": "18",
    "block": "201",
    "lot": "62.04",
    "qualifier": "",
    "deed_book": "4864",
    "deed_page": "70",
    "deed_date": "1998-04-03",
    "date_recorded": "1998-10-21",
    "sale_price_cents": "64950000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "09e2ead3-5b92-4af7-948a-ae432be8174b",
    "property_id": "c76cc3e0-ead6-47d6-873e-60d5e5fa47e9",
    "county_code": "14",
    "district_code": "18",
    "block": "201",
    "lot": "62.04",
    "qualifier": "",
    "deed_book": "4864",
    "deed_page": "70",
    "deed_date": "1998-04-03",
    "date_recorded": "1998-04-03",
    "sale_price_cents": "64950000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 2 Melrose Ln, Mendham Boro, NJ last sold?: The most recent recorded sale was in 1998 for $649,500.
What is the assessed value of 2 Melrose Ln, Mendham Boro, NJ?: The total municipal assessment is $1,162,700 (land plus improvements).
What is 2 Melrose Ln, Mendham Boro, NJ worth?: Our model estimates a market value of $1,951,201, derived from comparable recorded sales nearby.
How many units does 2 Melrose Ln, Mendham Boro, NJ have?: Records show 1 dwelling unit at 2 Melrose Ln, Mendham Boro, NJ.
What kind of property is 2 Melrose Ln, Mendham Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1998.

Sales history

10/21/1998$649,500
taxrecords_njBk 4864 / Pg 70
4/3/1998$649,500
MOD-IV (Rutgers)Bk 4864 / Pg 70

Date	Price	Book / Page	Source
10/21/1998	$649,500	4864 / 70	taxrecords_nj
4/3/1998	$649,500	4864 / 70	MOD-IV (Rutgers)