When was 3 Schoolhouse Ln, Mendham Twp, NJ last sold?

The most recent recorded sale was in 2016 for $1,850,000.

What is the assessed value of 3 Schoolhouse Ln, Mendham Twp, NJ?

The total municipal assessment is $1,927,500 (land plus improvements).

What is 3 Schoolhouse Ln, Mendham Twp, NJ worth?

Our model estimates a market value of $2,013,120, derived from comparable recorded sales nearby.

How many units does 3 Schoolhouse Ln, Mendham Twp, NJ have?

Records show 1 dwelling unit at 3 Schoolhouse Ln, Mendham Twp, NJ.

What kind of property is 3 Schoolhouse Ln, Mendham Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2016.

parceldata.nj

Loading…

3 Schoolhouse Ln, Mendham Twp, NJ — owner, sales, deeds · parceldata

3 Schoolhouse Ln

Mendham Twp, NJ 07960·Morris County

1419·block 125·lot 25

$2,013,120estimated value

Last sale

$1,850,000

6/17/2016 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2016

Building size

5,508 sq ft

Lot size

3.10 ac

Land description

3.820 AC

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,927,500

Land value

$398,900

Improvement value

$1,528,600

Last year's tax

$35,397

Last MOD-IV sale

$1,850,000

MOD-IV deed date

6/14/2016

Owner mailing address

3 SCHOOLHOUSE LN
MORRISTOWN, NJ 07960

Estimated market value

$2,013,120

range $1,759,030 – $2,092,672

high confidence

Assessment-implied: $2,121,396; Director's Ratio 0.9086 (2025)
Comp-implied: $1,977,028; 15 comparable sales

Estimated value, last 11 years

2016: $1,188,769 → 2026: $2,013,120

dots are actual sale prices for this property

Based on 15 comparable sales

Address	Sold

Bordering

200-ft notice list →

61 School House Ln
Lot 1·$448,400
53 School House Ln
Lot 2/QFARM·$1,100
7 Schoolhouse Ln
Lot 23·$1,199,800
7 Schoolhouse Ln
Lot 23/QFARM·$1,000
5 Schoolhouse Ln
Lot 24·$1,179,900
53 Schoolhouse Ln
Lot 26·$1,126,000
53 Schoolhouse Ln
Lot 26/QFARM·$100

Block 125All of Block 125 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "3 SCHOOLHOUSE LN MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "3 SCHOOLHOUSE LN 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1419_125_25",
  "county_code": "14",
  "district_code": "19",
  "block": "125",
  "lot": "25",
  "qualifier": "",
  "property_location": "3 SCHOOLHOUSE LN",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": null,
  "land_desc": "3.820 AC",
  "year_built": 2016,
  "living_sqft": 5508,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "39890000",
  "improvement_value_cents": "152860000",
  "net_value_cents": "192750000",
  "last_yr_tx_cents": "3539683",
  "deed_date": "2016-06-14",
  "deed_book": "22926",
  "deed_page": "504",
  "sale_price_cents": "185000000",
  "sales_code": null,
  "owner_mailing_street": "3 SCHOOLHOUSE LN",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MENDHAM TWP",
  "calc_acre": "3.100000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.53844259887886,
  "centroid_lat": 40.812331872572244
}

SR1A

[
  {
    "id": "9346da42-6478-4817-bc39-8168f2a9013c",
    "property_id": "8c5d85be-3020-4287-af98-c07a6484b32c",
    "county_code": "14",
    "district_code": "19",
    "block": "125",
    "lot": "25",
    "qualifier": "",
    "deed_book": "22926",
    "deed_page": "504",
    "deed_date": "2016-06-14",
    "date_recorded": "2016-06-17",
    "sale_price_cents": "185000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6edfc9f6-223e-4e4e-a302-f44b8b72c330",
    "property_id": "8c5d85be-3020-4287-af98-c07a6484b32c",
    "county_code": "14",
    "district_code": "19",
    "block": "125",
    "lot": "25",
    "qualifier": "",
    "deed_book": "22926",
    "deed_page": "504",
    "deed_date": "2016-06-14",
    "date_recorded": "2016-06-14",
    "sale_price_cents": "185000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "652d5f44-b689-4238-bb5c-41dec6e4e8f5",
    "property_id": "8c5d85be-3020-4287-af98-c07a6484b32c",
    "county_code": "14",
    "district_code": "19",
    "block": "125",
    "lot": "25",
    "qualifier": "",
    "deed_book": "22589",
    "deed_page": "17",
    "deed_date": "2014-09-05",
    "date_recorded": "2014-09-09",
    "sale_price_cents": "50000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6aac8f5a-9518-4acb-97d7-68056eafb051",
    "property_id": "8c5d85be-3020-4287-af98-c07a6484b32c",
    "county_code": "14",
    "district_code": "19",
    "block": "125",
    "lot": "25",
    "qualifier": "",
    "deed_book": "22589",
    "deed_page": "17",
    "deed_date": "2014-09-05",
    "date_recorded": "2014-09-05",
    "sale_price_cents": "50000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "926b162b-a9f0-4489-a037-7bc4c97b02c2",
    "property_id": "8c5d85be-3020-4287-af98-c07a6484b32c",
    "county_code": "14",
    "district_code": "19",
    "block": "125",
    "lot": "25",
    "qualifier": "",
    "deed_book": "22575",
    "deed_page": "839",
    "deed_date": null,
    "date_recorded": "2014-08-12",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  }
]

API record·permalink

Frequently asked questions

When was 3 Schoolhouse Ln, Mendham Twp, NJ last sold?: The most recent recorded sale was in 2016 for $1,850,000.
What is the assessed value of 3 Schoolhouse Ln, Mendham Twp, NJ?: The total municipal assessment is $1,927,500 (land plus improvements).
What is 3 Schoolhouse Ln, Mendham Twp, NJ worth?: Our model estimates a market value of $2,013,120, derived from comparable recorded sales nearby.
How many units does 3 Schoolhouse Ln, Mendham Twp, NJ have?: Records show 1 dwelling unit at 3 Schoolhouse Ln, Mendham Twp, NJ.
What kind of property is 3 Schoolhouse Ln, Mendham Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2016.

Sales history

6/17/2016$1,850,000
taxrecords_njBk 22926 / Pg 504
6/14/2016$1,850,000
MOD-IV (Rutgers)Bk 22926 / Pg 504
9/9/2014$500,000
taxrecords_njBk 22589 / Pg 17
9/5/2014$500,000
MOD-IV (Rutgers)Bk 22589 / Pg 17
8/12/2014$1
taxrecords_njBk 22575 / Pg 839

Date	Price	Book / Page	Source
6/17/2016	$1,850,000	22926 / 504	taxrecords_nj
6/14/2016	$1,850,000	22926 / 504	MOD-IV (Rutgers)
9/9/2014	$500,000	22589 / 17	taxrecords_nj
9/5/2014	$500,000	22589 / 17	MOD-IV (Rutgers)
8/12/2014	$1	22575 / 839	taxrecords_nj

4 Krista CT	12/17/2025	$1,325,000
5 Ralston Hill Rd	9/25/2025	$1,680,000
2 Queens CT	9/23/2025	$2,500,000
7 Olmsted Ln	7/1/2025	$2,015,000
3 Nesbitt Dr	5/8/2025	$1,720,000
6 Prudence Ln	4/29/2025	$2,850,000
18 Mount Pleasant Rd	11/21/2024	$1,200,000
8 Michael Rd	11/14/2024	$2,285,000
3 Hope Farm Ln	8/21/2024	$1,365,000
3 Kendall CT	3/14/2024	$1,500,000
12 Brookside Way	10/23/2023	$1,900,000
2 Combs Hollow Rd	10/20/2023	$1,749,000
51 Woodland Rd	7/5/2023	$1,200,000
3 Hope Farm Ln	6/12/2023	$1,200,500
2 Wilrich Glen	5/25/2023	$1,560,000