When was 49 Taft Ln, Morristown, NJ last sold?

The most recent recorded sale was in 2014 for $420,000.

What is the assessed value of 49 Taft Ln, Morristown, NJ?

The total municipal assessment is $502,800 (land plus improvements).

What is 49 Taft Ln, Morristown, NJ worth?

Our model estimates a market value of $616,384, derived from comparable recorded sales nearby.

How many units does 49 Taft Ln, Morristown, NJ have?

Records show 1 dwelling unit at 49 Taft Ln, Morristown, NJ.

What kind of property is 49 Taft Ln, Morristown, NJ?

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

parceldata.nj

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

49 Taft Ln

Morristown, NJ 07960·Morris County

1424·block 1802·lot 5.05

$616,384estimated value

Last sale

$420,000

10/31/2014 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2003

Building size

1,538 sq ft

Lot size

0.00 ac

Land description

—

Building description

CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$502,800

Land value

$200,000

Improvement value

$302,800

Last year's tax

$7,919

Last MOD-IV sale

$420,000

MOD-IV deed date

10/30/2014

Owner mailing address

49 TAFT LN
MORRISTOWN, NJ 07960

Estimated market value

$616,384

range $563,224 – $650,962

high confidence

Assessment-implied: $555,519; Director's Ratio 0.9051 (2025)
Comp-implied: $636,672; 30 comparable sales

Estimated value, last 11 years

2016: $405,193 → 2026: $616,384

Based on 30 comparable sales

Bordering

200-ft notice list →

Unknown
Lot 1
45 Taft Ln
Lot 5.03·$508,900
47 Taft Ln
Lot 5.04·$550,800
51 Taft Ln
Lot 5.06·$564,300
53 Taft Ln
Lot 5.07·$508,900
55 Taft Ln
Lot 5.08·$550,800

Block 1802All of Block 1802 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1424_1802_5.05",
  "county_code": "14",
  "district_code": "24",
  "block": "1802",
  "lot": "5.05",
  "qualifier": "",
  "property_location": "49 TAFT LN",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "CONDO",
  "land_desc": null,
  "year_built": 2003,
  "living_sqft": 1538,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "20000000",
  "improvement_value_cents": "30280000",
  "net_value_cents": "50280000",
  "last_yr_tx_cents": "791910",
  "deed_date": "2014-10-30",
  "deed_book": "22614",
  "deed_page": "950",
  "sale_price_cents": "42000000",
  "sales_code": null,
  "owner_mailing_street": "49 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": -74.46989588439259,
  "centroid_lat": 40.796465728782685
}

SR1A

[
  {
    "id": "112880b3-f561-48a5-806e-4caf1927aae2",
    "property_id": "ad7191b0-e0b1-407b-aa68-7b6d0b9dabb2",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.05",
    "qualifier": "",
    "deed_book": "22614",
    "deed_page": "950",
    "deed_date": "2014-10-30",
    "date_recorded": "2014-10-31",
    "sale_price_cents": "42000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d4502904-482d-4ba2-8bd8-e71b7348b3ca",
    "property_id": "ad7191b0-e0b1-407b-aa68-7b6d0b9dabb2",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.05",
    "qualifier": "",
    "deed_book": "22614",
    "deed_page": "950",
    "deed_date": "2014-10-30",
    "date_recorded": "2014-10-30",
    "sale_price_cents": "42000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "897b08fc-8e8a-43f1-87d8-007365456628",
    "property_id": "ad7191b0-e0b1-407b-aa68-7b6d0b9dabb2",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.05",
    "qualifier": "",
    "deed_book": "6439",
    "deed_page": "277",
    "deed_date": "2005-08-07",
    "date_recorded": "2005-09-22",
    "sale_price_cents": "48590000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "4b3cc19c-5684-4ab6-b4fc-5e7bbfa2f05f",
    "property_id": "ad7191b0-e0b1-407b-aa68-7b6d0b9dabb2",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.05",
    "qualifier": "",
    "deed_book": "6439",
    "deed_page": "277",
    "deed_date": "2005-08-07",
    "date_recorded": "2005-08-07",
    "sale_price_cents": "48590000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "da82d2b1-630b-425e-804b-b31e91bd80e9",
    "property_id": "ad7191b0-e0b1-407b-aa68-7b6d0b9dabb2",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.05",
    "qualifier": "",
    "deed_book": "5975",
    "deed_page": "212",
    "deed_date": "2003-11-12",
    "date_recorded": "2003-12-11",
    "sale_price_cents": "36601600",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "085955f4-a20c-468c-936a-bbe08ed2eee6",
    "property_id": "ad7191b0-e0b1-407b-aa68-7b6d0b9dabb2",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.05",
    "qualifier": "",
    "deed_book": "5975",
    "deed_page": "212",
    "deed_date": "2003-11-12",
    "date_recorded": "2003-11-12",
    "sale_price_cents": "36601600",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 49 Taft Ln, Morristown, NJ last sold?: The most recent recorded sale was in 2014 for $420,000.
What is the assessed value of 49 Taft Ln, Morristown, NJ?: The total municipal assessment is $502,800 (land plus improvements).
What is 49 Taft Ln, Morristown, NJ worth?: Our model estimates a market value of $616,384, derived from comparable recorded sales nearby.
How many units does 49 Taft Ln, Morristown, NJ have?: Records show 1 dwelling unit at 49 Taft Ln, Morristown, NJ.
What kind of property is 49 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
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
40 Park #404	12/8/2025	$761,000
9 Carla CT	12/5/2025	$690,000
27 Sussex Ave Unit 1	11/18/2025	$365,000
25 Taft Ln	11/17/2025	$655,000
48-B Ridgedale Ave	11/3/2025	$525,000
54-B Ridgedale Ave	10/29/2025	$510,000
25 Windmill Dr	10/2/2025	$660,000
18 Robertson CT	9/29/2025	$665,000
36 Windmill Dr	9/16/2025	$800,000
44 Ridgedale Ave Unit 239	8/22/2025	$470,000
2 Lynn CT	8/11/2025	$742,500
119 Village Dr	8/8/2025	$495,000
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
44 Ridgedale Ave Unit 115	7/2/2025	$450,000
40 Park #303	6/13/2025	$749,900
11 Wetmore Ave	5/16/2025	$260,000
40 Park #415	5/7/2025	$812,000
44 Ridgedale Ave Unit 118	5/7/2025	$425,000
10 Windmill Dr	5/5/2025	$660,000
40 Park #511	4/26/2025	$1,070,000
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
18 King St	2/19/2025	$925,000

Sales history

10/31/2014$420,000
taxrecords_njBk 22614 / Pg 950
10/30/2014$420,000
MOD-IV (Rutgers)Bk 22614 / Pg 950
9/22/2005$485,900
taxrecords_njBk 6439 / Pg 277
8/7/2005$485,900
MOD-IV (Rutgers)Bk 6439 / Pg 277
12/11/2003$366,016
taxrecords_njBk 5975 / Pg 212
11/12/2003$366,016
MOD-IV (Rutgers)Bk 5975 / Pg 212

Date	Price	Book / Page	Source
10/31/2014	$420,000	22614 / 950	taxrecords_nj
10/30/2014	$420,000	22614 / 950	MOD-IV (Rutgers)
9/22/2005	$485,900	6439 / 277	taxrecords_nj
8/7/2005	$485,900	6439 / 277	MOD-IV (Rutgers)
12/11/2003	$366,016	5975 / 212	taxrecords_nj
11/12/2003	$366,016	5975 / 212	MOD-IV (Rutgers)