When was 198 Franklin St, Morristown, NJ last sold?

The most recent recorded sale was in 2023 for $625,000.

What is the assessed value of 198 Franklin St, Morristown, NJ?

The total municipal assessment is $1,588,700 (land plus improvements).

What is 198 Franklin St, Morristown, NJ worth?

Our model estimates a market value of $769,337, derived from comparable recorded sales nearby.

How many units does 198 Franklin St, Morristown, NJ have?

Records show 1 dwelling unit at 198 Franklin St, Morristown, NJ.

What kind of property is 198 Franklin St, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1900.

parceldata.nj

Loading…

198 Franklin St, Morristown, NJ — owner, sales, deeds · parceldata

198 Franklin St

Morristown, NJ·Morris County

1424·block 1303·lot 4

$769,337estimated value

Last sale

$625,000

11/20/2023 · SR1A 2024

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

1900

Building size

6,000 sq ft

Lot size

1.79 ac

Land description

1.98 AC

Building description

CHILD.DAY CARE

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,588,700

Land value

$464,500

Improvement value

$1,124,200

Last year's tax

$25,022

Last MOD-IV sale

$800,000

MOD-IV deed date

11/13/2009

Owner mailing address

210 OLD ARMY RD
BERNARDSVILLE NJ 07924

Estimated market value

$769,337

range $690,948 – $847,725

high confidence

Assessment-implied: $1,755,276; Director's Ratio 0.9051 (2025)
Comparable sales: 1 (below threshold)

Estimated value, last 11 years

2016: $502,674 → 2026: $769,337

dots are actual sale prices for this property

Bordering

200-ft notice list →

Morris St
Lot 1
Unknown
Lot 2
194 Franklin St
Lot 5·$814,900
190 Franklin St
Lot 6·$833,700

Block 1303All of Block 1303 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 2,
  "portfolioKeys": {
    "fullKeys": [
      "210 OLD ARMY RD BERNARDSVILLE NJ 07924"
    ],
    "zipKeys": [
      "210 OLD ARMY RD 07924"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_1303_4",
  "county_code": "14",
  "district_code": "24",
  "block": "1303",
  "lot": "4",
  "qualifier": "",
  "property_location": "198 FRANKLIN ST",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": "CHILD.DAY CARE",
  "land_desc": "1.98 AC",
  "year_built": 1900,
  "living_sqft": 6000,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "46450000",
  "improvement_value_cents": "112420000",
  "net_value_cents": "158870000",
  "last_yr_tx_cents": "2502203",
  "deed_date": "2009-11-13",
  "deed_book": "21437",
  "deed_page": "36",
  "sale_price_cents": "80000000",
  "sales_code": null,
  "owner_mailing_street": "210 OLD ARMY RD",
  "owner_mailing_city_state_zip": "BERNARDSVILLE NJ  07924",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "1.790000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.45971055239129,
  "centroid_lat": 40.78943878667778
}

SR1A

[
  {
    "id": "b20fe878-78c7-4a83-923c-f4702d97f817",
    "property_id": null,
    "county_code": "14",
    "district_code": "24",
    "block": "1303",
    "lot": "4",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2023-10-25",
    "date_recorded": "2023-11-20",
    "sale_price_cents": "62500000",
    "sr1a_year": 2024,
    "source": "sr1a"
  },
  {
    "id": "86903b62-79a0-4204-84f7-311e1a200192",
    "property_id": null,
    "county_code": "14",
    "district_code": "24",
    "block": "1303",
    "lot": "4",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-11-23",
    "date_recorded": "2022-02-24",
    "sale_price_cents": "61000000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "2027042b-5282-48c0-8518-8ae23b13aacd",
    "property_id": null,
    "county_code": "14",
    "district_code": "24",
    "block": "1303",
    "lot": "4",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-02-20",
    "date_recorded": "2021-03-31",
    "sale_price_cents": "56500000",
    "sr1a_year": 2021,
    "source": "sr1a"
  },
  {
    "id": "71b595e7-3768-4798-828b-86e4503d7ca5",
    "property_id": "80473d62-10b8-4c2c-9338-769f36263f83",
    "county_code": "14",
    "district_code": "24",
    "block": "1303",
    "lot": "4",
    "qualifier": "",
    "deed_book": "21437",
    "deed_page": "36",
    "deed_date": "2009-11-13",
    "date_recorded": "2009-11-20",
    "sale_price_cents": "80000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "077fafd3-b70d-4483-836a-62f1a9ae6ae4",
    "property_id": "80473d62-10b8-4c2c-9338-769f36263f83",
    "county_code": "14",
    "district_code": "24",
    "block": "1303",
    "lot": "4",
    "qualifier": "",
    "deed_book": "21437",
    "deed_page": "36",
    "deed_date": "2009-11-13",
    "date_recorded": "2009-11-13",
    "sale_price_cents": "80000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "2d89d541-fd76-4ac9-a514-f726003e9f71",
    "property_id": "80473d62-10b8-4c2c-9338-769f36263f83",
    "county_code": "14",
    "district_code": "24",
    "block": "1303",
    "lot": "4",
    "qualifier": "",
    "deed_book": "6203",
    "deed_page": "186",
    "deed_date": "2004-09-10",
    "date_recorded": "2004-11-17",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "90aff639-7f76-4cde-b63d-7dfbe5a3123a",
    "property_id": "80473d62-10b8-4c2c-9338-769f36263f83",
    "county_code": "14",
    "district_code": "24",
    "block": "1303",
    "lot": "4",
    "qualifier": "",
    "deed_book": "6203",
    "deed_page": "186",
    "deed_date": "2004-09-10",
    "date_recorded": "2004-09-10",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "2171524e-bab3-46e6-b1cb-db7facee3b0f",
    "property_id": "80473d62-10b8-4c2c-9338-769f36263f83",
    "county_code": "14",
    "district_code": "24",
    "block": "1303",
    "lot": "4",
    "qualifier": "",
    "deed_book": "2665",
    "deed_page": "249",
    "deed_date": "1983-03-07",
    "date_recorded": "1983-03-07",
    "sale_price_cents": "35000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 198 Franklin St, Morristown, NJ last sold?: The most recent recorded sale was in 2023 for $625,000.
What is the assessed value of 198 Franklin St, Morristown, NJ?: The total municipal assessment is $1,588,700 (land plus improvements).
What is 198 Franklin St, Morristown, NJ worth?: Our model estimates a market value of $769,337, derived from comparable recorded sales nearby.
How many units does 198 Franklin St, Morristown, NJ have?: Records show 1 dwelling unit at 198 Franklin St, Morristown, NJ.
What kind of property is 198 Franklin St, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1900.

Address	Sold	Price
31 Headley Rd	11/17/2023	$1,915,000

Sales history

11/20/2023$625,000
SR1A 2024
2/24/2022$610,000
SR1A 2022
3/31/2021$565,000
SR1A 2021
11/20/2009$800,000
taxrecords_njBk 21437 / Pg 36
11/13/2009$800,000
MOD-IV (Rutgers)Bk 21437 / Pg 36
11/17/2004$1
taxrecords_njBk 6203 / Pg 186
9/10/2004$1
MOD-IV (Rutgers)Bk 6203 / Pg 186
3/7/1983$350,000
MOD-IV (Rutgers)Bk 2665 / Pg 249

Date	Price	Book / Page	Source
11/20/2023	$625,000	—	SR1A 2024
2/24/2022	$610,000	—	SR1A 2022
3/31/2021	$565,000	—	SR1A 2021
11/20/2009	$800,000	21437 / 36	taxrecords_nj
11/13/2009	$800,000	21437 / 36	MOD-IV (Rutgers)
11/17/2004	$1	6203 / 186	taxrecords_nj
9/10/2004	$1	6203 / 186	MOD-IV (Rutgers)
3/7/1983	$350,000	2665 / 249	MOD-IV (Rutgers)