When was 32 Lake Valley Rd, Morris Twp, NJ last sold?

The most recent recorded sale was in 2001 for $383,500.

What is the assessed value of 32 Lake Valley Rd, Morris Twp, NJ?

The total municipal assessment is $443,300 (land plus improvements).

What is 32 Lake Valley Rd, Morris Twp, NJ worth?

Our model estimates a market value of $771,877, derived from comparable recorded sales nearby.

How many units does 32 Lake Valley Rd, Morris Twp, NJ have?

Records show 1 dwelling unit at 32 Lake Valley Rd, Morris Twp, NJ.

What kind of property is 32 Lake Valley Rd, Morris Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1965.

parceldata.nj

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

32 Lake Valley Rd

Morris Twp, NJ 07960·Morris County

1422·block 501·lot 27

$771,877estimated value

Last sale

$383,500

1/3/2002 · taxrecords_nj

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

1965

Building size

2,364 sq ft

Lot size

0.46 ac

Land description

0.46 AC

Building description

1SFG2

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$443,300

Land value

$216,300

Improvement value

$227,000

Last year's tax

$8,875

Last MOD-IV sale

$383,500

MOD-IV deed date

12/11/2001

Owner mailing address

32 LAKE VALLEY RD
MORRISTOWN, NJ 07960

Estimated market value

$771,877

range $725,639 – $860,614

low confidence

Assessment-implied: $607,427; Director's Ratio 0.7298 (2025)
Comp-implied: $826,693; 30 comparable sales

Estimated value, last 11 years

2016: $536,958 → 2026: $771,877

Based on 30 comparable sales

Address	Sold	Price
24 Raynor Rd	4/1/2026	$925,000

Bordering

200-ft notice list →

30 Lake Valley Rd
Lot 26·$427,800
4 Richlyn CT
Lot 28·$544,000

Block 501All of Block 501 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1422_501_27",
  "county_code": "14",
  "district_code": "22",
  "block": "501",
  "lot": "27",
  "qualifier": "",
  "property_location": "32 LAKE VALLEY RD",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1SFG2",
  "land_desc": "0.46 AC",
  "year_built": 1965,
  "living_sqft": 2364,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "21630000",
  "improvement_value_cents": "22700000",
  "net_value_cents": "44330000",
  "last_yr_tx_cents": "887487",
  "deed_date": "2001-12-11",
  "deed_book": "5533",
  "deed_page": "241",
  "sale_price_cents": "38350000",
  "sales_code": null,
  "owner_mailing_street": "32 LAKE VALLEY RD",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "0.460000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.49554997654882,
  "centroid_lat": 40.811151849213864
}

SR1A

[
  {
    "id": "77566cf9-1502-45d5-8556-8d8cf57c5783",
    "property_id": "35a065ca-37c3-45e7-8cfc-8938b9452813",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "27",
    "qualifier": "",
    "deed_book": "5533",
    "deed_page": "241",
    "deed_date": "2001-12-11",
    "date_recorded": "2002-01-03",
    "sale_price_cents": "38350000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "976147e7-8b3f-47ba-aa20-3dd270bc7a4e",
    "property_id": "35a065ca-37c3-45e7-8cfc-8938b9452813",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "27",
    "qualifier": "",
    "deed_book": "5533",
    "deed_page": "241",
    "deed_date": "2001-12-11",
    "date_recorded": "2001-12-11",
    "sale_price_cents": "38350000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "6493ec1e-7aa3-407e-848a-1a2707a6bc0a",
    "property_id": "35a065ca-37c3-45e7-8cfc-8938b9452813",
    "county_code": "14",
    "district_code": "22",
    "block": "501",
    "lot": "27",
    "qualifier": "",
    "deed_book": "4068",
    "deed_page": "136",
    "deed_date": "1994-10-05",
    "date_recorded": "1994-10-05",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 32 Lake Valley Rd, Morris Twp, NJ last sold?: The most recent recorded sale was in 2001 for $383,500.
What is the assessed value of 32 Lake Valley Rd, Morris Twp, NJ?: The total municipal assessment is $443,300 (land plus improvements).
What is 32 Lake Valley Rd, Morris Twp, NJ worth?: Our model estimates a market value of $771,877, derived from comparable recorded sales nearby.
How many units does 32 Lake Valley Rd, Morris Twp, NJ have?: Records show 1 dwelling unit at 32 Lake Valley Rd, Morris Twp, NJ.
What kind of property is 32 Lake Valley Rd, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1965.

Sales history

1/3/2002$383,500
taxrecords_njBk 5533 / Pg 241
12/11/2001$383,500
MOD-IV (Rutgers)Bk 5533 / Pg 241
10/5/1994$1
MOD-IV (Rutgers)Bk 4068 / Pg 136

Date	Price	Book / Page	Source
1/3/2002	$383,500	5533 / 241	taxrecords_nj
12/11/2001	$383,500	5533 / 241	MOD-IV (Rutgers)
10/5/1994	$1	4068 / 136	MOD-IV (Rutgers)