When was 40 Wood Rd, Morris Twp, NJ last sold?

The most recent recorded sale was in 2002 for $513,000.

What is the assessed value of 40 Wood Rd, Morris Twp, NJ?

The total municipal assessment is $790,200 (land plus improvements).

What is 40 Wood Rd, Morris Twp, NJ worth?

Our model estimates a market value of $1,007,169, derived from comparable recorded sales nearby.

How many units does 40 Wood Rd, Morris Twp, NJ have?

Records show 1 dwelling unit at 40 Wood Rd, Morris Twp, NJ.

What kind of property is 40 Wood Rd, Morris Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1955.

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40 Wood Rd, Morris Twp, NJ — owner, sales, deeds · parceldata

40 Wood Rd

Morris Twp, NJ 07960·Morris County

1422·block 4402·lot 17

$1,007,169estimated value

Last sale

$513,000

7/31/2002 · taxrecords_nj

2 other properties share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1955

Building size

3,368 sq ft

Lot size

1.03 ac

Land description

1.03 AC

Building description

2SF G2

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$790,200

Land value

$320,800

Improvement value

$469,400

Last year's tax

$15,820

Last MOD-IV sale

$513,000

MOD-IV deed date

7/15/2002

Owner mailing address

40 WOOD RD
MORRISTOWN, NJ 07960

Estimated market value

$1,007,169

range $951,061 – $1,055,343

high confidence

Assessment-implied: $1,082,762; Director's Ratio 0.7298 (2025)
Comp-implied: $981,971; 30 comparable sales

Estimated value, last 11 years

2016: $700,639 → 2026: $1,007,169

Based on 30 comparable sales

Address	Sold	Price
15 Frederick Pl	4/24/2026	$999,000
8 Cromwell Dr	4/22/2026	$999,999

Bordering

200-ft notice list →

38 Wood Rd
Lot 16·$574,800
42 Wood Rd
Lot 18·$1,618,200
Jockey Hollow Rd
Lot 2·$6,711,700

Block 4402All of Block 4402 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 2,
  "portfolioKeys": {
    "fullKeys": [
      "40 WOOD RD MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "40 WOOD RD 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1422_4402_17",
  "county_code": "14",
  "district_code": "22",
  "block": "4402",
  "lot": "17",
  "qualifier": "",
  "property_location": "40 WOOD RD",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SF G2",
  "land_desc": "1.03 AC",
  "year_built": 1955,
  "living_sqft": 3368,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "32080000",
  "improvement_value_cents": "46940000",
  "net_value_cents": "79020000",
  "last_yr_tx_cents": "1581980",
  "deed_date": "2002-07-15",
  "deed_book": "5670",
  "deed_page": "134",
  "sale_price_cents": "51300000",
  "sales_code": null,
  "owner_mailing_street": "40 WOOD RD",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "1.030000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.52069912307982,
  "centroid_lat": 40.78351771042921
}

SR1A

[
  {
    "id": "d9977eb1-add3-4878-9218-f15f282e4a71",
    "property_id": "4cdcc446-6604-4b48-b847-7849945d934b",
    "county_code": "14",
    "district_code": "22",
    "block": "4402",
    "lot": "17",
    "qualifier": "",
    "deed_book": "5670",
    "deed_page": "134",
    "deed_date": "2002-07-15",
    "date_recorded": "2002-07-31",
    "sale_price_cents": "51300000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "7babe761-0945-41d6-b60d-c34766c1ba03",
    "property_id": "4cdcc446-6604-4b48-b847-7849945d934b",
    "county_code": "14",
    "district_code": "22",
    "block": "4402",
    "lot": "17",
    "qualifier": "",
    "deed_book": "5670",
    "deed_page": "134",
    "deed_date": "2002-07-15",
    "date_recorded": "2002-07-15",
    "sale_price_cents": "51300000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 40 Wood Rd, Morris Twp, NJ last sold?: The most recent recorded sale was in 2002 for $513,000.
What is the assessed value of 40 Wood Rd, Morris Twp, NJ?: The total municipal assessment is $790,200 (land plus improvements).
What is 40 Wood Rd, Morris Twp, NJ worth?: Our model estimates a market value of $1,007,169, derived from comparable recorded sales nearby.
How many units does 40 Wood Rd, Morris Twp, NJ have?: Records show 1 dwelling unit at 40 Wood Rd, Morris Twp, NJ.
What kind of property is 40 Wood Rd, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1955.

Sales history

7/31/2002$513,000
taxrecords_njBk 5670 / Pg 134
7/15/2002$513,000
MOD-IV (Rutgers)Bk 5670 / Pg 134

Date	Price	Book / Page	Source
7/31/2002	$513,000	5670 / 134	taxrecords_nj
7/15/2002	$513,000	5670 / 134	MOD-IV (Rutgers)