When was 25 School House Ln, Morris Twp, NJ last sold?

The most recent recorded sale was in 2022 for $975,000.

What is the assessed value of 25 School House Ln, Morris Twp, NJ?

The total municipal assessment is $947,400 (land plus improvements).

What is 25 School House Ln, Morris Twp, NJ worth?

Our model estimates a market value of $1,363,593, derived from comparable recorded sales nearby.

How many units does 25 School House Ln, Morris Twp, NJ have?

Records show 1 dwelling unit at 25 School House Ln, Morris Twp, NJ.

What kind of property is 25 School House Ln, Morris Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1986.

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25 School House Ln, Morris Twp, NJ — owner, sales, deeds · parceldata

25 School House Ln

Morris Twp, NJ 07960·Morris County

1422·block 3501·lot 10

$1,363,593estimated value

Last sale

$975,000

12/12/2022 · SR1A 2023

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1986

Building size

3,994 sq ft

Lot size

4.99 ac

Land description

4.985 AC RA-130

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$947,400

Land value

$404,700

Improvement value

$542,700

Last year's tax

$18,967

Last MOD-IV sale

$975,000

MOD-IV deed date

11/30/2022

Owner mailing address

25 SCHOOL HOUSE LN
MORRISTOWN, NJ 07960

Estimated market value

$1,363,593

range $1,178,987 – $1,740,935

high confidence

Assessment-implied: $1,298,164; Director's Ratio 0.7298 (2025)
Comp-implied: $1,635,000; 20 comparable sales

Estimated value, last 11 years

2016: $948,586 → 2026: $1,363,593

dots are actual sale prices for this property

Based on 20 comparable sales

Address	Sold	Price
182 Washington Valley Rd	2/26/2026	$2,600,000

Bordering

200-ft notice list →

1 School House Ln
Lot 11·$1,689,600
31 School House Ln
Lot 9·$657,500

Block 3501All of Block 3501 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1422_3501_10",
  "county_code": "14",
  "district_code": "22",
  "block": "3501",
  "lot": "10",
  "qualifier": "",
  "property_location": "25 SCHOOL HOUSE LN",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": null,
  "land_desc": "4.985 AC RA-130",
  "year_built": 1986,
  "living_sqft": 3994,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "40470000",
  "improvement_value_cents": "54270000",
  "net_value_cents": "94740000",
  "last_yr_tx_cents": "1896695",
  "deed_date": "2022-11-30",
  "deed_book": "24540",
  "deed_page": "1603",
  "sale_price_cents": "97500000",
  "sales_code": null,
  "owner_mailing_street": "25 SCHOOL HOUSE LN",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "4.985000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.53260406216681,
  "centroid_lat": 40.808921404354535
}

SR1A

[
  {
    "id": "5b73d5a4-6df2-4e89-97dc-79fde728f5d0",
    "property_id": null,
    "county_code": "14",
    "district_code": "22",
    "block": "3501",
    "lot": "10",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2022-11-30",
    "date_recorded": "2022-12-12",
    "sale_price_cents": "97500000",
    "sr1a_year": 2023,
    "source": "sr1a"
  },
  {
    "id": "5a1e86c6-e372-49be-b675-0e2c7f9626be",
    "property_id": "d4335e76-fc2f-4b92-ae9e-833bb01b515c",
    "county_code": "14",
    "district_code": "22",
    "block": "3501",
    "lot": "10",
    "qualifier": "",
    "deed_book": "24540",
    "deed_page": "1603",
    "deed_date": "2022-11-30",
    "date_recorded": "2022-12-12",
    "sale_price_cents": "97500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "34c0e0be-833a-4fe8-8d58-4e710620ad35",
    "property_id": "d4335e76-fc2f-4b92-ae9e-833bb01b515c",
    "county_code": "14",
    "district_code": "22",
    "block": "3501",
    "lot": "10",
    "qualifier": "",
    "deed_book": "24540",
    "deed_page": "1603",
    "deed_date": "2022-11-30",
    "date_recorded": "2022-11-30",
    "sale_price_cents": "97500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 25 School House Ln, Morris Twp, NJ last sold?: The most recent recorded sale was in 2022 for $975,000.
What is the assessed value of 25 School House Ln, Morris Twp, NJ?: The total municipal assessment is $947,400 (land plus improvements).
What is 25 School House Ln, Morris Twp, NJ worth?: Our model estimates a market value of $1,363,593, derived from comparable recorded sales nearby.
How many units does 25 School House Ln, Morris Twp, NJ have?: Records show 1 dwelling unit at 25 School House Ln, Morris Twp, NJ.
What kind of property is 25 School House Ln, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1986.

Sales history

12/12/2022$975,000
SR1A 2023
12/12/2022$975,000
taxrecords_njBk 24540 / Pg 1603
11/30/2022$975,000
MOD-IV (Rutgers)Bk 24540 / Pg 1603

Date	Price	Book / Page	Source
12/12/2022	$975,000	—	SR1A 2023
12/12/2022	$975,000	24540 / 1603	taxrecords_nj
11/30/2022	$975,000	24540 / 1603	MOD-IV (Rutgers)