What is the assessed value of 47 School House Ln, Morris Twp, NJ?

The total municipal assessment is $1,309,500 (land plus improvements).

What is 47 School House Ln, Morris Twp, NJ worth?

Our model estimates a market value of $1,794,327, derived from comparable recorded sales nearby.

How many units does 47 School House Ln, Morris Twp, NJ have?

Records show 1 dwelling unit at 47 School House Ln, Morris Twp, NJ.

What kind of property is 47 School House Ln, Morris Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1930.

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

47 School House Ln

Morris Twp, NJ 07960·Morris County

1422·block 3501·lot 18

$1,794,327estimated value

Last sale

10/8/2003 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1930

Building size

3,641 sq ft

Lot size

8.13 ac

Land description

8.13 AC

Building description

2SFG2

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,309,500

Land value

$501,800

Improvement value

$807,700

Last year's tax

$26,216

Last MOD-IV sale

MOD-IV deed date

9/2/2003

Owner mailing address

47 SCHOOL HOUSE LN
MORRISTOWN, NJ 07960

Estimated market value

$1,794,327

range $1,525,178 – $2,063,476

moderate confidence

Assessment-implied: $1,794,327; Director's Ratio 0.7298 (2025)
Comparable sales: none in 36 months

Estimated value, last 11 years

2016: $1,248,228 → 2026: $1,794,327

Sales history

10/8/2003$0
taxrecords_njBk 5937 / Pg 94
9/2/2003$0
MOD-IV (Rutgers)Bk 5937 / Pg 94

Bordering

200-ft notice list →

22 Jonathan Smith Rd
Lot 14·$1,055,400
11 Bickford Dr
Lot 17·$761,500
12 Bickford Dr
Lot 19·$940,500
53 School House Ln
Lot 2/QFARM·$1,100
51 School House Ln
Lot 3·$662,700
49 School House Ln
Lot 4·$764,100
45 School House Ln
Lot 5·$2,058,500

Block 3501All of Block 3501 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1422_3501_18",
  "county_code": "14",
  "district_code": "22",
  "block": "3501",
  "lot": "18",
  "qualifier": "",
  "property_location": "47 SCHOOL HOUSE LN",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "2SFG2",
  "land_desc": "8.13 AC",
  "year_built": 1930,
  "living_sqft": 3641,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "50180000",
  "improvement_value_cents": "80770000",
  "net_value_cents": "130950000",
  "last_yr_tx_cents": "2621619",
  "deed_date": "2003-09-02",
  "deed_book": "5937",
  "deed_page": "94",
  "sale_price_cents": "0",
  "sales_code": null,
  "owner_mailing_street": "47 SCHOOL HOUSE LN",
  "owner_mailing_city_state_zip": "MORRISTOWN,  NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "8.130000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.5360150233474,
  "centroid_lat": 40.812979371279276
}

SR1A

[
  {
    "id": "76376420-ebda-44ed-b432-4f2179003f10",
    "property_id": "5c51168e-e52c-4e75-be63-4f1f9546555e",
    "county_code": "14",
    "district_code": "22",
    "block": "3501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "5937",
    "deed_page": "94",
    "deed_date": "2003-09-02",
    "date_recorded": "2003-10-08",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b4df9241-2b70-43bc-af2f-1a4c92943441",
    "property_id": "5c51168e-e52c-4e75-be63-4f1f9546555e",
    "county_code": "14",
    "district_code": "22",
    "block": "3501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "5937",
    "deed_page": "94",
    "deed_date": "2003-09-02",
    "date_recorded": "2003-09-02",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "9b7338a6-e246-4cbd-b718-7a618170cec9",
    "property_id": "5c51168e-e52c-4e75-be63-4f1f9546555e",
    "county_code": "14",
    "district_code": "22",
    "block": "3501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "3715",
    "deed_page": "217",
    "deed_date": "1993-01-08",
    "date_recorded": "1993-01-08",
    "sale_price_cents": "81750000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 47 School House Ln, Morris Twp, NJ?: The total municipal assessment is $1,309,500 (land plus improvements).
What is 47 School House Ln, Morris Twp, NJ worth?: Our model estimates a market value of $1,794,327, derived from comparable recorded sales nearby.
How many units does 47 School House Ln, Morris Twp, NJ have?: Records show 1 dwelling unit at 47 School House Ln, Morris Twp, NJ.
What kind of property is 47 School House Ln, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1930.

Date	Price	Book / Page	Source
10/8/2003	$0	5937 / 94	taxrecords_nj
9/2/2003	$0	5937 / 94	MOD-IV (Rutgers)
1/8/1993	$817,500	3715 / 217	MOD-IV (Rutgers)