When was 3 Taft Ln, Morristown, NJ last sold?

The most recent recorded sale was in 2019 for $492,500.

What is the assessed value of 3 Taft Ln, Morristown, NJ?

The total municipal assessment is $570,700 (land plus improvements).

What is 3 Taft Ln, Morristown, NJ worth?

Our model estimates a market value of $720,395, derived from comparable recorded sales nearby.

How many units does 3 Taft Ln, Morristown, NJ have?

Records show 1 dwelling unit at 3 Taft Ln, Morristown, NJ.

What kind of property is 3 Taft Ln, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2003.

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3 Taft Ln, Morristown, NJ — owner, sales, deeds · parceldata

3 Taft Ln

Morristown, NJ 07960·Morris County

1424·block 1802·lot 2.02

$720,395estimated value

Last sale

$492,500

9/11/2019 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2003

Building size

1,807 sq ft

Lot size

0.00 ac

Land description

—

Building description

CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$570,700

Land value

$200,000

Improvement value

$370,700

Last year's tax

$8,989

Last MOD-IV sale

$492,500

MOD-IV deed date

9/3/2019

Owner mailing address

3 TAFT LN
MORRISTOWN, NJ 07960

Estimated market value

$720,395

range $590,657 – $926,985

moderate confidence

Assessment-implied: $630,538; Director's Ratio 0.9051 (2025)
Comp-implied: $769,360; 30 comparable sales

Estimated value, last 11 years

2016: $473,566 → 2026: $720,395

dots are actual sale prices for this property

Based on 30 comparable sales

Bordering

200-ft notice list →

Unknown
Lot 1
1 Taft Ln
Lot 2.01·$515,700
5 Taft Ln
Lot 2.03·$520,800
7 Taft Ln
Lot 2.04·$550,800

Block 1802All of Block 1802 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1424_1802_2.02",
  "county_code": "14",
  "district_code": "24",
  "block": "1802",
  "lot": "2.02",
  "qualifier": "",
  "property_location": "3 TAFT LN",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "CONDO",
  "land_desc": null,
  "year_built": 2003,
  "living_sqft": 1807,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "20000000",
  "improvement_value_cents": "37070000",
  "net_value_cents": "57070000",
  "last_yr_tx_cents": "898853",
  "deed_date": "2019-09-03",
  "deed_book": "23611",
  "deed_page": "1331",
  "sale_price_cents": "49250000",
  "sales_code": null,
  "owner_mailing_street": "3 TAFT LN",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.000000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.46921241084823,
  "centroid_lat": 40.796113420733136
}

SR1A

[
  {
    "id": "0012e7e5-a8fc-4d4b-a038-e39ce3d57f09",
    "property_id": "e580b260-27ab-4cd0-b40f-5510882adf80",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.02",
    "qualifier": "",
    "deed_book": "23611",
    "deed_page": "1331",
    "deed_date": "2019-09-03",
    "date_recorded": "2019-09-11",
    "sale_price_cents": "49250000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "443f682a-9919-4b14-8365-beeaf398740a",
    "property_id": "e580b260-27ab-4cd0-b40f-5510882adf80",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.02",
    "qualifier": "",
    "deed_book": "23611",
    "deed_page": "1331",
    "deed_date": "2019-09-03",
    "date_recorded": "2019-09-03",
    "sale_price_cents": "49250000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7af9d102-8228-475f-9dad-daab607c5b78",
    "property_id": "e580b260-27ab-4cd0-b40f-5510882adf80",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.02",
    "qualifier": "",
    "deed_book": "23052",
    "deed_page": "452",
    "deed_date": "2016-12-06",
    "date_recorded": "2016-12-28",
    "sale_price_cents": "44800000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "7575aba8-4bd4-4bd2-bdb7-c0e0874f4676",
    "property_id": "e580b260-27ab-4cd0-b40f-5510882adf80",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.02",
    "qualifier": "",
    "deed_book": "23052",
    "deed_page": "452",
    "deed_date": "2016-12-06",
    "date_recorded": "2016-12-06",
    "sale_price_cents": "44800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "01cb1615-23bc-486a-9069-c097331c9e02",
    "property_id": "e580b260-27ab-4cd0-b40f-5510882adf80",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.02",
    "qualifier": "",
    "deed_book": "6044",
    "deed_page": "64",
    "deed_date": "2004-03-24",
    "date_recorded": "2004-03-31",
    "sale_price_cents": "40637300",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "75526989-a6b4-4c98-86a9-dca1714124c7",
    "property_id": "e580b260-27ab-4cd0-b40f-5510882adf80",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.02",
    "qualifier": "",
    "deed_book": "6044",
    "deed_page": "64",
    "deed_date": "2004-03-24",
    "date_recorded": "2004-03-24",
    "sale_price_cents": "40637300",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 3 Taft Ln, Morristown, NJ last sold?: The most recent recorded sale was in 2019 for $492,500.
What is the assessed value of 3 Taft Ln, Morristown, NJ?: The total municipal assessment is $570,700 (land plus improvements).
What is 3 Taft Ln, Morristown, NJ worth?: Our model estimates a market value of $720,395, derived from comparable recorded sales nearby.
How many units does 3 Taft Ln, Morristown, NJ have?: Records show 1 dwelling unit at 3 Taft Ln, Morristown, NJ.
What kind of property is 3 Taft Ln, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2003.

Address	Sold	Price
50-A Phoenix Ave	1/29/2026	$550,000
2 Twombly CT	1/23/2026	$745,000
51 Mt Kemble Ave.#405	1/23/2026	$630,000
44 Miller Rd	12/31/2025	$2,080,000
41 Mt Kemble Ave.#402	12/11/2025	$500,000
9 Carla CT	12/5/2025	$690,000
25 Taft Ln	11/17/2025	$655,000
110 South St #102	10/28/2025	$1,600,000
40 Park #410	10/20/2025	$1,825,000
25 Windmill Dr	10/2/2025	$660,000
18 Robertson CT	9/29/2025	$665,000
33 Twombly CT	9/19/2025	$645,000
36 Windmill Dr	9/16/2025	$800,000
2 Lynn CT	8/11/2025	$742,500
10 Carla CT	8/6/2025	$780,000
41 Mt Kemble Ave.#404	8/4/2025	$550,000
99 Taft Ln	7/9/2025	$620,000
110 South St #111	7/2/2025	$1,650,000
1 Thomas Trl	6/16/2025	$727,000
1 Windmill Dr	5/30/2025	$353,500
11 Wetmore Ave	5/16/2025	$260,000
22 Franklin Pl. 3D	5/13/2025	$922,250
40 Park #415	5/7/2025	$812,000
22 Franklin Pl 1-B	5/7/2025	$680,000
10 Windmill Dr	5/5/2025	$660,000
40 Park #511	4/26/2025	$1,070,000
13 Franklin Pl	4/24/2025	$889,000
11 Wetmore Ave	4/9/2025	$380,000
22 Franklin Pl 3-B	3/24/2025	$805,000
40 Park #302	3/10/2025	$865,000

Sales history

9/11/2019$492,500
taxrecords_njBk 23611 / Pg 1331
9/3/2019$492,500
MOD-IV (Rutgers)Bk 23611 / Pg 1331
12/28/2016$448,000
taxrecords_njBk 23052 / Pg 452
12/6/2016$448,000
MOD-IV (Rutgers)Bk 23052 / Pg 452
3/31/2004$406,373
taxrecords_njBk 6044 / Pg 64
3/24/2004$406,373
MOD-IV (Rutgers)Bk 6044 / Pg 64

Date	Price	Book / Page	Source
9/11/2019	$492,500	23611 / 1331	taxrecords_nj
9/3/2019	$492,500	23611 / 1331	MOD-IV (Rutgers)
12/28/2016	$448,000	23052 / 452	taxrecords_nj
12/6/2016	$448,000	23052 / 452	MOD-IV (Rutgers)
3/31/2004	$406,373	6044 / 64	taxrecords_nj
3/24/2004	$406,373	6044 / 64	MOD-IV (Rutgers)