When was 78 Constitution Way, Morris Twp, NJ last sold?

The most recent recorded sale was in 2016 for $525,000.

What is the assessed value of 78 Constitution Way, Morris Twp, NJ?

The total municipal assessment is $465,900 (land plus improvements).

What is 78 Constitution Way, Morris Twp, NJ worth?

Our model estimates a market value of $708,589, derived from comparable recorded sales nearby.

How many units does 78 Constitution Way, Morris Twp, NJ have?

Records show 1 dwelling unit at 78 Constitution Way, Morris Twp, NJ.

What kind of property is 78 Constitution Way, Morris Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

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78 Constitution Way, Morris Twp, NJ — owner, sales, deeds · parceldata

78 Constitution Way

Morris Twp, NJ 07960·Morris County

1422·block 8701·lot 58

$708,589estimated value

Last sale

$525,000

7/8/2016 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1981

Building size

1,712 sq ft

Lot size

0.14 ac

Land description

.145 AC

Building description

TWNHS-B

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$465,900

Land value

$247,300

Improvement value

$218,600

Last year's tax

$9,327

Last MOD-IV sale

$525,000

MOD-IV deed date

7/1/2016

Owner mailing address

78 CONSTITUTION WAY
MORRISTOWN, NJ 07960

Estimated market value

$708,589

range $684,649 – $761,070

high confidence

Assessment-implied: $638,394; Director's Ratio 0.7298 (2025)
Comp-implied: $731,987; 30 comparable sales

Estimated value, last 11 years

2016: $492,932 → 2026: $708,589

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold

Bordering

200-ft notice list →

Punch Bowl Rd
Lot 1·$759,400
80 Constitution Way
Lot 57·$452,600
76 Constitution Way
Lot 59·$468,700
Common Area
Lot 64

Block 8701All of Block 8701 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1422_8701_58",
  "county_code": "14",
  "district_code": "22",
  "block": "8701",
  "lot": "58",
  "qualifier": "",
  "property_location": "78 CONSTITUTION WAY",
  "property_class": "2",
  "bldg_class": "37",
  "bldg_desc": "TWNHS-B",
  "land_desc": ".145 AC",
  "year_built": 1981,
  "living_sqft": 1712,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "24730000",
  "improvement_value_cents": "21860000",
  "net_value_cents": "46590000",
  "last_yr_tx_cents": "932732",
  "deed_date": "2016-07-01",
  "deed_book": "22939",
  "deed_page": "723",
  "sale_price_cents": "52500000",
  "sales_code": null,
  "owner_mailing_street": "78 CONSTITUTION WAY",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "0.145000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.44299733387811,
  "centroid_lat": 40.77952954695067
}

SR1A

[
  {
    "id": "907cadd7-f4e0-4d3a-a98f-b3039ba66b63",
    "property_id": "c6c29668-1c4b-4db0-8c83-da1a0a3b8462",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "58",
    "qualifier": "",
    "deed_book": "22939",
    "deed_page": "723",
    "deed_date": "2016-07-01",
    "date_recorded": "2016-07-08",
    "sale_price_cents": "52500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "05caecdd-766f-4963-91b4-e434d6c0691e",
    "property_id": "c6c29668-1c4b-4db0-8c83-da1a0a3b8462",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "58",
    "qualifier": "",
    "deed_book": "22939",
    "deed_page": "723",
    "deed_date": "2016-07-01",
    "date_recorded": "2016-07-01",
    "sale_price_cents": "52500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7d3b6efc-fa5c-4c42-8399-b07e23128881",
    "property_id": "c6c29668-1c4b-4db0-8c83-da1a0a3b8462",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "58",
    "qualifier": "",
    "deed_book": "20787",
    "deed_page": "930",
    "deed_date": "2007-03-30",
    "date_recorded": "2007-04-11",
    "sale_price_cents": "59900000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "66361b4f-4606-45be-8966-210015f88c60",
    "property_id": "c6c29668-1c4b-4db0-8c83-da1a0a3b8462",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "58",
    "qualifier": "",
    "deed_book": "20787",
    "deed_page": "930",
    "deed_date": "2007-03-30",
    "date_recorded": "2007-03-30",
    "sale_price_cents": "59900000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "4478a1ed-478e-4726-b142-641ff8f81dbe",
    "property_id": "c6c29668-1c4b-4db0-8c83-da1a0a3b8462",
    "county_code": "14",
    "district_code": "22",
    "block": "8701",
    "lot": "58",
    "qualifier": "",
    "deed_book": "3628",
    "deed_page": "84",
    "deed_date": "1992-07-23",
    "date_recorded": "1992-07-23",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 78 Constitution Way, Morris Twp, NJ last sold?: The most recent recorded sale was in 2016 for $525,000.
What is the assessed value of 78 Constitution Way, Morris Twp, NJ?: The total municipal assessment is $465,900 (land plus improvements).
What is 78 Constitution Way, Morris Twp, NJ worth?: Our model estimates a market value of $708,589, derived from comparable recorded sales nearby.
How many units does 78 Constitution Way, Morris Twp, NJ have?: Records show 1 dwelling unit at 78 Constitution Way, Morris Twp, NJ.
What kind of property is 78 Constitution Way, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

Sales history

7/8/2016$525,000
taxrecords_njBk 22939 / Pg 723
7/1/2016$525,000
MOD-IV (Rutgers)Bk 22939 / Pg 723
4/11/2007$599,000
taxrecords_njBk 20787 / Pg 930
3/30/2007$599,000
MOD-IV (Rutgers)Bk 20787 / Pg 930
7/23/1992$1
MOD-IV (Rutgers)Bk 3628 / Pg 84

Date	Price	Book / Page	Source
7/8/2016	$525,000	22939 / 723	taxrecords_nj
7/1/2016	$525,000	22939 / 723	MOD-IV (Rutgers)
4/11/2007	$599,000	20787 / 930	taxrecords_nj
3/30/2007	$599,000	20787 / 930	MOD-IV (Rutgers)
7/23/1992	$1	3628 / 84	MOD-IV (Rutgers)

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