When was 61 Lake Rd, Morris Twp, NJ last sold?

The most recent recorded sale was in 2017 for $435,000.

What is the assessed value of 61 Lake Rd, Morris Twp, NJ?

The total municipal assessment is $365,400 (land plus improvements).

What is 61 Lake Rd, Morris Twp, NJ worth?

Our model estimates a market value of $629,548, derived from comparable recorded sales nearby.

How many units does 61 Lake Rd, Morris Twp, NJ have?

Records show 1 dwelling unit at 61 Lake Rd, Morris Twp, NJ.

What kind of property is 61 Lake Rd, Morris Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1928.

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

61 Lake Rd

Morris Twp, NJ 07960·Morris County

1422·block 503·lot 2

$629,548estimated value

Last sale

$435,000

12/6/2017 · 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

1928

Building size

1,357 sq ft

Lot size

0.16 ac

Land description

0.16 AC

Building description

2SF FG2

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$365,400

Land value

$185,400

Improvement value

$180,000

Last year's tax

$7,315

Last MOD-IV sale

$435,000

MOD-IV deed date

10/18/2017

Owner mailing address

61 LAKE RD
MORRISTOWN, NJ 07960

Estimated market value

$629,548

range $552,902 – $656,113

low confidence

Assessment-implied: $500,685; Director's Ratio 0.7298 (2025)
Comp-implied: $672,503; 30 comparable sales

Estimated value, last 11 years

2016: $437,947 → 2026: $629,548

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
249 Martin Luther King Av

Bordering

200-ft notice list →

Speedwell Ave Park/lake
Lot 1·$8,656,300
63 Lake Rd
Lot 3·$328,000
59 Lake Rd
Lot 5·$550,000

Block 503All of Block 503 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1422_503_2",
  "county_code": "14",
  "district_code": "22",
  "block": "503",
  "lot": "2",
  "qualifier": "",
  "property_location": "61 LAKE RD",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2SF FG2",
  "land_desc": "0.16 AC",
  "year_built": 1928,
  "living_sqft": 1357,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "18540000",
  "improvement_value_cents": "18000000",
  "net_value_cents": "36540000",
  "last_yr_tx_cents": "731531",
  "deed_date": "2017-10-18",
  "deed_book": "23255",
  "deed_page": "472",
  "sale_price_cents": "43500000",
  "sales_code": null,
  "owner_mailing_street": "61 LAKE RD",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "0.160000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.48704225401549,
  "centroid_lat": 40.81215193803209
}

SR1A

[
  {
    "id": "ed396711-310d-45dc-bb9f-31e7aa44230d",
    "property_id": "e3bab7f1-8902-4916-85f1-7d26cf44359d",
    "county_code": "14",
    "district_code": "22",
    "block": "503",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23255",
    "deed_page": "472",
    "deed_date": "2017-10-18",
    "date_recorded": "2017-12-06",
    "sale_price_cents": "43500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "09181bbe-d745-462c-828d-5d358453d2b4",
    "property_id": "e3bab7f1-8902-4916-85f1-7d26cf44359d",
    "county_code": "14",
    "district_code": "22",
    "block": "503",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23255",
    "deed_page": "472",
    "deed_date": "2017-10-18",
    "date_recorded": "2017-10-18",
    "sale_price_cents": "43500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "1e4e7bd0-d3b4-46ed-b5e1-8f8d8d443aff",
    "property_id": "e3bab7f1-8902-4916-85f1-7d26cf44359d",
    "county_code": "14",
    "district_code": "22",
    "block": "503",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23110",
    "deed_page": "1750",
    "deed_date": "2017-02-17",
    "date_recorded": "2017-04-19",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "2a432a41-1a8e-4214-8ca2-dc93cf588c7b",
    "property_id": "e3bab7f1-8902-4916-85f1-7d26cf44359d",
    "county_code": "14",
    "district_code": "22",
    "block": "503",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23110",
    "deed_page": "1750",
    "deed_date": "2017-02-17",
    "date_recorded": "2017-02-17",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 61 Lake Rd, Morris Twp, NJ last sold?: The most recent recorded sale was in 2017 for $435,000.
What is the assessed value of 61 Lake Rd, Morris Twp, NJ?: The total municipal assessment is $365,400 (land plus improvements).
What is 61 Lake Rd, Morris Twp, NJ worth?: Our model estimates a market value of $629,548, derived from comparable recorded sales nearby.
How many units does 61 Lake Rd, Morris Twp, NJ have?: Records show 1 dwelling unit at 61 Lake Rd, Morris Twp, NJ.
What kind of property is 61 Lake Rd, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1928.

Sales history

12/6/2017$435,000
taxrecords_njBk 23255 / Pg 472
10/18/2017$435,000
MOD-IV (Rutgers)Bk 23255 / Pg 472
4/19/2017$1
taxrecords_njBk 23110 / Pg 1750
2/17/2017$1
MOD-IV (Rutgers)Bk 23110 / Pg 1750

Date	Price	Book / Page	Source
12/6/2017	$435,000	23255 / 472	taxrecords_nj
10/18/2017	$435,000	23255 / 472	MOD-IV (Rutgers)
4/19/2017	$1	23110 / 1750	taxrecords_nj
2/17/2017	$1	23110 / 1750	MOD-IV (Rutgers)