When was 7 Taft Ln, Morristown, NJ last sold?

The most recent recorded sale was in 2006 for $495,000.

What is the assessed value of 7 Taft Ln, Morristown, NJ?

The total municipal assessment is $550,800 (land plus improvements).

What is 7 Taft Ln, Morristown, NJ worth?

Our model estimates a market value of $729,158, derived from comparable recorded sales nearby.

How many units does 7 Taft Ln, Morristown, NJ have?

Records show 1 dwelling unit at 7 Taft Ln, Morristown, NJ.

What kind of property is 7 Taft Ln, Morristown, NJ?

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

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

7 Taft Ln

Morristown, NJ 07960·Morris County

1424·block 1802·lot 2.04

$729,158estimated value

Last sale

$495,000

5/2/2006 · 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

$550,800

Land value

$200,000

Improvement value

$350,800

Last year's tax

$8,675

Last MOD-IV sale

$495,000

MOD-IV deed date

4/25/2006

Owner mailing address

7 TAFT LN
MORRISTOWN, NJ 07960

Estimated market value

$729,158

range $594,317 – $952,561

moderate confidence

Assessment-implied: $608,552; Director's Ratio 0.9051 (2025)
Comp-implied: $769,360; 30 comparable sales

Estimated value, last 11 years

2016: $479,327 → 2026: $729,158

Based on 30 comparable sales

Address	Sold	Price
50-A Phoenix Ave

Bordering

200-ft notice list →

Unknown
Lot 1
1 Taft Ln
Lot 2.01·$515,700
3 Taft Ln
Lot 2.02·$570,700
5 Taft Ln
Lot 2.03·$520,800
9 Taft Ln
Lot 2.05·$520,800
11 Taft Ln
Lot 2.06·$550,800

Block 1802All of Block 1802 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1424_1802_2.04",
  "county_code": "14",
  "district_code": "24",
  "block": "1802",
  "lot": "2.04",
  "qualifier": "",
  "property_location": "7 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": "35080000",
  "net_value_cents": "55080000",
  "last_yr_tx_cents": "867510",
  "deed_date": "2006-04-25",
  "deed_book": "20497",
  "deed_page": "949",
  "sale_price_cents": "49500000",
  "sales_code": null,
  "owner_mailing_street": "7 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": -74.46930534958663,
  "centroid_lat": 40.796054950366624
}

SR1A

[
  {
    "id": "bdd48161-36ca-4dad-bbd7-d35169b7accc",
    "property_id": "913b0a32-7df8-4190-9757-2625d85078d5",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.04",
    "qualifier": "",
    "deed_book": "20497",
    "deed_page": "949",
    "deed_date": "2006-04-25",
    "date_recorded": "2006-05-02",
    "sale_price_cents": "49500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "3677d018-b140-4a48-bfff-53c5ee59e450",
    "property_id": "913b0a32-7df8-4190-9757-2625d85078d5",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.04",
    "qualifier": "",
    "deed_book": "20497",
    "deed_page": "949",
    "deed_date": "2006-04-25",
    "date_recorded": "2006-04-25",
    "sale_price_cents": "49500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b63a1157-7b27-4576-8e15-6d997222166d",
    "property_id": "913b0a32-7df8-4190-9757-2625d85078d5",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.04",
    "qualifier": "",
    "deed_book": "6042",
    "deed_page": "48",
    "deed_date": "2004-03-22",
    "date_recorded": "2004-03-29",
    "sale_price_cents": "37790000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "aa887e57-6b84-4b51-b2bd-de5da4165e26",
    "property_id": "913b0a32-7df8-4190-9757-2625d85078d5",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "2.04",
    "qualifier": "",
    "deed_book": "6042",
    "deed_page": "48",
    "deed_date": "2004-03-22",
    "date_recorded": "2004-03-22",
    "sale_price_cents": "37790000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 7 Taft Ln, Morristown, NJ last sold?: The most recent recorded sale was in 2006 for $495,000.
What is the assessed value of 7 Taft Ln, Morristown, NJ?: The total municipal assessment is $550,800 (land plus improvements).
What is 7 Taft Ln, Morristown, NJ worth?: Our model estimates a market value of $729,158, derived from comparable recorded sales nearby.
How many units does 7 Taft Ln, Morristown, NJ have?: Records show 1 dwelling unit at 7 Taft Ln, Morristown, NJ.
What kind of property is 7 Taft Ln, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2003.

Sales history

5/2/2006$495,000
taxrecords_njBk 20497 / Pg 949
4/25/2006$495,000
MOD-IV (Rutgers)Bk 20497 / Pg 949
3/29/2004$377,900
taxrecords_njBk 6042 / Pg 48
3/22/2004$377,900
MOD-IV (Rutgers)Bk 6042 / Pg 48

Date	Price	Book / Page	Source
5/2/2006	$495,000	20497 / 949	taxrecords_nj
4/25/2006	$495,000	20497 / 949	MOD-IV (Rutgers)
3/29/2004	$377,900	6042 / 48	taxrecords_nj
3/22/2004	$377,900	6042 / 48	MOD-IV (Rutgers)