When was 51 Constitution Way, Morris Twp, NJ last sold?

The most recent recorded sale was in 2020 for $515,000.

What is the assessed value of 51 Constitution Way, Morris Twp, NJ?

The total municipal assessment is $465,100 (land plus improvements).

What is 51 Constitution Way, Morris Twp, NJ worth?

Our model estimates a market value of $729,761, derived from comparable recorded sales nearby.

How many units does 51 Constitution Way, Morris Twp, NJ have?

Records show 1 dwelling unit at 51 Constitution Way, Morris Twp, NJ.

What kind of property is 51 Constitution Way, Morris Twp, NJ?

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

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

51 Constitution Way

Morris Twp, NJ 07960·Morris County

1422·block 8705·lot 37

$729,761estimated value

Last sale

$515,000

10/26/2020 · SR1A 2021

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1981

Building size

1,778 sq ft

Lot size

0.06 ac

Land description

.062 AC

Building description

TWNHS-C

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$465,100

Land value

$243,100

Improvement value

$222,000

Last year's tax

$9,311

Last MOD-IV sale

$515,000

MOD-IV deed date

9/19/2020

Owner mailing address

51 CONSTITUTION WAY
MORRISTOWN, NJ 07960

Estimated market value

$729,761

range $655,880 – $872,369

moderate confidence

Assessment-implied: $637,298; Director's Ratio 0.7298 (2025)
Comp-implied: $725,000; 30 comparable sales

Estimated value, last 11 years

2016: $507,660 → 2026: $729,761

dots are actual sale prices for this property

Based on 30 comparable sales

Bordering

200-ft notice list →

66 Independence Way
Lot 14·$471,300
64 Independence Way
Lot 15·$494,300
49 Constitution Way
Lot 36·$460,600
53 Constitution Way
Lot 38·$501,700
Common Area
Lot 64

Block 8705All of Block 8705 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1422_8705_37",
  "county_code": "14",
  "district_code": "22",
  "block": "8705",
  "lot": "37",
  "qualifier": "",
  "property_location": "51 CONSTITUTION WAY",
  "property_class": "2",
  "bldg_class": "37",
  "bldg_desc": "TWNHS-C",
  "land_desc": ".062 AC",
  "year_built": 1981,
  "living_sqft": 1778,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "24310000",
  "improvement_value_cents": "22200000",
  "net_value_cents": "46510000",
  "last_yr_tx_cents": "931130",
  "deed_date": "2020-09-19",
  "deed_book": "23909",
  "deed_page": "87",
  "sale_price_cents": "51500000",
  "sales_code": null,
  "owner_mailing_street": "51 CONSTITUTION WAY",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "0.062000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.44414539977188,
  "centroid_lat": 40.78007033320132
}

SR1A

[
  {
    "id": "c21e9124-89b1-4b4b-a7b7-bf09df8c7251",
    "property_id": null,
    "county_code": "14",
    "district_code": "22",
    "block": "8705",
    "lot": "37",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2020-09-19",
    "date_recorded": "2020-10-26",
    "sale_price_cents": "51500000",
    "sr1a_year": 2021,
    "source": "sr1a"
  },
  {
    "id": "05fb9c98-3cda-4242-b7ec-561478b827d1",
    "property_id": "da5195dd-7881-427f-9491-37f998f8416c",
    "county_code": "14",
    "district_code": "22",
    "block": "8705",
    "lot": "37",
    "qualifier": "",
    "deed_book": "23909",
    "deed_page": "87",
    "deed_date": "2020-09-19",
    "date_recorded": "2020-10-26",
    "sale_price_cents": "51500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "7d66c4b9-1f0d-48f2-94a9-b744531f7263",
    "property_id": "da5195dd-7881-427f-9491-37f998f8416c",
    "county_code": "14",
    "district_code": "22",
    "block": "8705",
    "lot": "37",
    "qualifier": "",
    "deed_book": "23909",
    "deed_page": "87",
    "deed_date": "2020-09-19",
    "date_recorded": "2020-09-19",
    "sale_price_cents": "51500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7b05bfe1-ec25-4d61-bd69-36e01f7cdd9b",
    "property_id": "da5195dd-7881-427f-9491-37f998f8416c",
    "county_code": "14",
    "district_code": "22",
    "block": "8705",
    "lot": "37",
    "qualifier": "",
    "deed_book": "5941",
    "deed_page": "163",
    "deed_date": "2003-09-24",
    "date_recorded": "2003-10-16",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "755d8e29-696a-4e77-9d6b-72e8dc059e2b",
    "property_id": "da5195dd-7881-427f-9491-37f998f8416c",
    "county_code": "14",
    "district_code": "22",
    "block": "8705",
    "lot": "37",
    "qualifier": "",
    "deed_book": "5941",
    "deed_page": "163",
    "deed_date": "2003-09-24",
    "date_recorded": "2003-09-24",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "dc8ff22e-9998-4766-8cb5-34790f0f52dc",
    "property_id": "da5195dd-7881-427f-9491-37f998f8416c",
    "county_code": "14",
    "district_code": "22",
    "block": "8705",
    "lot": "37",
    "qualifier": "",
    "deed_book": "4074",
    "deed_page": "290",
    "deed_date": "1994-10-14",
    "date_recorded": "1994-10-14",
    "sale_price_cents": "22000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 51 Constitution Way, Morris Twp, NJ last sold?: The most recent recorded sale was in 2020 for $515,000.
What is the assessed value of 51 Constitution Way, Morris Twp, NJ?: The total municipal assessment is $465,100 (land plus improvements).
What is 51 Constitution Way, Morris Twp, NJ worth?: Our model estimates a market value of $729,761, derived from comparable recorded sales nearby.
How many units does 51 Constitution Way, Morris Twp, NJ have?: Records show 1 dwelling unit at 51 Constitution Way, Morris Twp, NJ.
What kind of property is 51 Constitution Way, Morris Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

Address	Sold	Price
40 Raven Dr	1/23/2026	$475,000
43 Raven Dr	1/15/2026	$750,000
81 Independence Way	10/31/2025	$920,000
5 Zamrok Way	8/12/2025	$685,000
46 Raven Dr	7/25/2025	$835,000
62 Independence Way	7/7/2025	$725,000
19 Raven Dr	6/26/2025	$769,000
53 Raven Dr	6/10/2025	$870,000
26 Byron Ave	5/7/2025	$815,000
24 Byron Ave	3/13/2025	$600,000
4 Independence Way	2/10/2025	$650,000
26 Sherwood Dr	2/7/2025	$877,000
5 Shelley Pl	1/14/2025	$650,000
28 Independence Way	12/18/2024	$680,000
28 Byron Ave	9/6/2024	$755,000
15 Shelley Pl	8/20/2024	$585,000
7 Thomas Paine Rd	8/7/2024	$739,500
47 Constitution Way	7/30/2024	$680,000
45 Constitution Way	5/31/2024	$699,000
69 Redner Rd	5/8/2024	$705,000
69 Constitution Way	3/4/2024	$647,000
52 Keats Way	12/7/2023	$625,000
26 Keats Way	12/6/2023	$650,000
68 Keats Way	11/29/2023	$612,000
86 Constitution Way	11/6/2023	$663,000
48 Keats Way	10/16/2023	$700,000
12 Byron Ave	9/22/2023	$613,217
45 Independence Way	9/18/2023	$620,000
26 Byron Ave	9/15/2023	$600,000
9 Zamrok Way	9/12/2023	$650,000

Sales history

10/26/2020$515,000
SR1A 2021
10/26/2020$515,000
taxrecords_njBk 23909 / Pg 87
9/19/2020$515,000
MOD-IV (Rutgers)Bk 23909 / Pg 87
10/16/2003$1
taxrecords_njBk 5941 / Pg 163
9/24/2003$1
MOD-IV (Rutgers)Bk 5941 / Pg 163
10/14/1994$220,000
MOD-IV (Rutgers)Bk 4074 / Pg 290

Date	Price	Book / Page	Source
10/26/2020	$515,000	—	SR1A 2021
10/26/2020	$515,000	23909 / 87	taxrecords_nj
9/19/2020	$515,000	23909 / 87	MOD-IV (Rutgers)
10/16/2003	$1	5941 / 163	taxrecords_nj
9/24/2003	$1	5941 / 163	MOD-IV (Rutgers)
10/14/1994	$220,000	4074 / 290	MOD-IV (Rutgers)