When was 8 Lake Valley Rd, Morris Twp, NJ last sold?

The most recent recorded sale was in 2022 for $470,000.

What is the assessed value of 8 Lake Valley Rd, Morris Twp, NJ?

The total municipal assessment is $380,700 (land plus improvements).

What is 8 Lake Valley Rd, Morris Twp, NJ worth?

Our model estimates a market value of $697,167, derived from comparable recorded sales nearby.

How many units does 8 Lake Valley Rd, Morris Twp, NJ have?

Records show 1 dwelling unit at 8 Lake Valley Rd, Morris Twp, NJ.

What kind of property is 8 Lake Valley Rd, Morris Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1927.

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8 Lake Valley Rd, Morris Twp, NJ — owner, sales, deeds · parceldata

8 Lake Valley Rd

Morris Twp, NJ 07960·Morris County

1422·block 501·lot 18

$697,167estimated value

Last sale

$470,000

6/29/2022 · 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

1927

Building size

1,428 sq ft

Lot size

0.17 ac

Land description

.172 AC

Building description

2SF FG1

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$380,700

Land value

$190,900

Improvement value

$189,800

Last year's tax

$7,622

Last MOD-IV sale

$470,000

MOD-IV deed date

4/28/2022

Owner mailing address

8 LAKE VALLEY RD
MORRISTOWN, NJ 07960

Estimated market value

$697,167

range $645,004 – $856,065

high confidence

Assessment-implied: $521,650; Director's Ratio 0.7298 (2025)
Comp-implied: $932,892; 17 comparable sales

Estimated value, last 11 years

2016: $484,986 → 2026: $697,167

dots are actual sale prices for this property

Bordering

200-ft notice list →

189 Sussex Ave
Lot 15·$212,200
6 Lake Valley Rd
Lot 17·$327,000
10 Lake Valley Rd
Lot 19·$347,600

Block 501All of Block 501 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1422_501_18",
  "county_code": "14",
  "district_code": "22",
  "block": "501",
  "lot": "18",
  "qualifier": "",
  "property_location": "8 LAKE VALLEY RD",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "2SF FG1",
  "land_desc": ".172 AC",
  "year_built": 1927,
  "living_sqft": 1428,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "19090000",
  "improvement_value_cents": "18980000",
  "net_value_cents": "38070000",
  "last_yr_tx_cents": "762161",
  "deed_date": "2022-04-28",
  "deed_book": "24441",
  "deed_page": "51",
  "sale_price_cents": "47000000",
  "sales_code": null,
  "owner_mailing_street": "8 LAKE VALLEY RD",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "0.172000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.49591361175804,
  "centroid_lat": 40.80863499663632
}

SR1A

[
  {
    "id": "f7417ded-19d9-4889-92f7-eec1eccda993",
    "property_id": "374cee97-7939-48bf-b6e1-eb9bae3e7062",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "24441",
    "deed_page": "51",
    "deed_date": "2022-04-28",
    "date_recorded": "2022-06-29",
    "sale_price_cents": "47000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "ebf2fa41-5fb0-45ac-a9ea-793f6ea02a41",
    "property_id": null,
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "18",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2022-04-28",
    "date_recorded": "2022-06-29",
    "sale_price_cents": "47000000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "abf375bb-bee4-4560-90b2-159dbe38ee32",
    "property_id": "374cee97-7939-48bf-b6e1-eb9bae3e7062",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "24441",
    "deed_page": "51",
    "deed_date": "2022-04-28",
    "date_recorded": "2022-04-28",
    "sale_price_cents": "47000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "f7722a94-3345-4689-aaff-aaafd59350fb",
    "property_id": "374cee97-7939-48bf-b6e1-eb9bae3e7062",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "22988",
    "deed_page": "833",
    "deed_date": "2016-07-08",
    "date_recorded": "2016-09-20",
    "sale_price_cents": "37850000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "f800fd62-2d98-4c66-843e-29cc18e77292",
    "property_id": "374cee97-7939-48bf-b6e1-eb9bae3e7062",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "22988",
    "deed_page": "833",
    "deed_date": "2016-07-08",
    "date_recorded": "2016-07-08",
    "sale_price_cents": "37850000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b9e9bac6-806c-4ae0-8b91-61866281a04c",
    "property_id": "374cee97-7939-48bf-b6e1-eb9bae3e7062",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "6072",
    "deed_page": "222",
    "deed_date": "2004-05-11",
    "date_recorded": "2004-05-20",
    "sale_price_cents": "37500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "2d2d5347-12cb-410b-bc29-37992bbf605b",
    "property_id": "374cee97-7939-48bf-b6e1-eb9bae3e7062",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "6072",
    "deed_page": "222",
    "deed_date": "2004-05-11",
    "date_recorded": "2004-05-11",
    "sale_price_cents": "37500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "359f7572-e3ef-413c-a9d6-c7ac63c75042",
    "property_id": "374cee97-7939-48bf-b6e1-eb9bae3e7062",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "18",
    "qualifier": "",
    "deed_book": "4068",
    "deed_page": "347",
    "deed_date": "1994-10-07",
    "date_recorded": "1994-10-07",
    "sale_price_cents": "18000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 8 Lake Valley Rd, Morris Twp, NJ last sold?: The most recent recorded sale was in 2022 for $470,000.
What is the assessed value of 8 Lake Valley Rd, Morris Twp, NJ?: The total municipal assessment is $380,700 (land plus improvements).
What is 8 Lake Valley Rd, Morris Twp, NJ worth?: Our model estimates a market value of $697,167, derived from comparable recorded sales nearby.
How many units does 8 Lake Valley Rd, Morris Twp, NJ have?: Records show 1 dwelling unit at 8 Lake Valley Rd, Morris Twp, NJ.
What kind of property is 8 Lake Valley Rd, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1927.

Based on 17 comparable sales

Address	Sold	Price
32 Center Ave	10/15/2025	$925,000
17 Normandy Blvd E	7/3/2025	$1,425,000
11 Sherman Ave	5/22/2025	$750,000
116 Mt Kemble Ave	4/21/2025	$300,000
16 Searing Ave	12/12/2024	$662,500
50 White Birch Rd	11/8/2024	$555,000
15 Dellwood Ave	7/9/2024	$941,000
83 Mill Rd	5/2/2024	$670,000
39 Olmstead Rd	4/26/2024	$810,000
50 White Birch Rd	2/5/2024	$453,000
28 Fairchild Ave	1/5/2024	$300,000
24 Cleveland Ave	1/3/2024	$348,333
19 Sander St	11/14/2023	$650,000
49 Fairchild Ave	11/6/2023	$685,000
68 Fairchild Ave	10/24/2023	$470,000
62 Mill Rd	6/8/2023	$759,900
10 Mendham Ave	6/2/2023	$550,000

Sales history

6/29/2022$470,000
taxrecords_njBk 24441 / Pg 51
6/29/2022$470,000
SR1A 2022
4/28/2022$470,000
MOD-IV (Rutgers)Bk 24441 / Pg 51
9/20/2016$378,500
taxrecords_njBk 22988 / Pg 833
7/8/2016$378,500
MOD-IV (Rutgers)Bk 22988 / Pg 833
5/20/2004$375,000
taxrecords_njBk 6072 / Pg 222
5/11/2004$375,000
MOD-IV (Rutgers)Bk 6072 / Pg 222
10/7/1994$180,000
MOD-IV (Rutgers)Bk 4068 / Pg 347

Date	Price	Book / Page	Source
6/29/2022	$470,000	24441 / 51	taxrecords_nj
6/29/2022	$470,000	—	SR1A 2022
4/28/2022	$470,000	24441 / 51	MOD-IV (Rutgers)
9/20/2016	$378,500	22988 / 833	taxrecords_nj
7/8/2016	$378,500	22988 / 833	MOD-IV (Rutgers)
5/20/2004	$375,000	6072 / 222	taxrecords_nj
5/11/2004	$375,000	6072 / 222	MOD-IV (Rutgers)
10/7/1994	$180,000	4068 / 347	MOD-IV (Rutgers)