When was 51 Taft Ln, Morristown, NJ last sold?

The most recent recorded sale was in 2017 for $1.

What is the assessed value of 51 Taft Ln, Morristown, NJ?

The total municipal assessment is $564,300 (land plus improvements).

What is 51 Taft Ln, Morristown, NJ worth?

Our model estimates a market value of $733,038, derived from comparable recorded sales nearby.

How many units does 51 Taft Ln, Morristown, NJ have?

Records show 1 dwelling unit at 51 Taft Ln, Morristown, NJ.

What kind of property is 51 Taft Ln, Morristown, NJ?

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

parceldata.nj

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

51 Taft Ln

Morristown, NJ 07960·Morris County

1424·block 1802·lot 5.06

$733,038estimated value

Last sale

2/21/2017 · 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

$564,300

Land value

$200,000

Improvement value

$364,300

Last year's tax

$8,888

Last MOD-IV sale

MOD-IV deed date

2/3/2017

Owner mailing address

51 TAFT LN
MORRISTOWN, NJ 07960

Estimated market value

$733,038

range $597,487 – $956,849

moderate confidence

Assessment-implied: $623,467; Director's Ratio 0.9051 (2025)
Comp-implied: $769,561; 30 comparable sales

Estimated value, last 11 years

2016: $481,877 → 2026: $733,038

Bordering

200-ft notice list →

Unknown
Lot 1
45 Taft Ln
Lot 5.03·$508,900
47 Taft Ln
Lot 5.04·$550,800
49 Taft Ln
Lot 5.05·$502,800
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": [
      "51 TAFT LN MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "51 TAFT LN 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_1802_5.06",
  "county_code": "14",
  "district_code": "24",
  "block": "1802",
  "lot": "5.06",
  "qualifier": "",
  "property_location": "51 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": "36430000",
  "net_value_cents": "56430000",
  "last_yr_tx_cents": "888773",
  "deed_date": "2017-02-03",
  "deed_book": "23082",
  "deed_page": "1542",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "51 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": -74.46981742185204,
  "centroid_lat": 40.796466904023426
}

SR1A

[
  {
    "id": "70ec7cc5-c60c-48cb-914b-aac44f2bdae0",
    "property_id": "462da0c4-307e-4ef3-89ac-6e7686eb6e35",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.06",
    "qualifier": "",
    "deed_book": "23082",
    "deed_page": "1542",
    "deed_date": "2017-02-03",
    "date_recorded": "2017-02-21",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "0cf17879-0708-4fdb-902d-17378badce9d",
    "property_id": "462da0c4-307e-4ef3-89ac-6e7686eb6e35",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.06",
    "qualifier": "",
    "deed_book": "23082",
    "deed_page": "1542",
    "deed_date": "2017-02-03",
    "date_recorded": "2017-02-03",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "8b45c61f-1bf9-4519-9a32-3e2ed29e86f5",
    "property_id": "462da0c4-307e-4ef3-89ac-6e7686eb6e35",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.06",
    "qualifier": "",
    "deed_book": "22505",
    "deed_page": "1959",
    "deed_date": "2014-02-21",
    "date_recorded": "2014-03-17",
    "sale_price_cents": "43200000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "fc9038c6-9926-43aa-9030-69c1b680c4b3",
    "property_id": "462da0c4-307e-4ef3-89ac-6e7686eb6e35",
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    "district_code": "24",
    "block": "1802",
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    "deed_book": "22505",
    "deed_page": "1959",
    "deed_date": "2014-02-21",
    "date_recorded": "2014-02-21",
    "sale_price_cents": "43200000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "672d1d2a-9ecb-4a3b-a471-cb3067c26281",
    "property_id": "462da0c4-307e-4ef3-89ac-6e7686eb6e35",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.06",
    "qualifier": "",
    "deed_book": "21256",
    "deed_page": "591",
    "deed_date": "2009-03-20",
    "date_recorded": "2009-03-31",
    "sale_price_cents": "41500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "4ad02904-944a-43bd-b2a2-924eb1386b20",
    "property_id": "462da0c4-307e-4ef3-89ac-6e7686eb6e35",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.06",
    "qualifier": "",
    "deed_book": "21256",
    "deed_page": "591",
    "deed_date": "2009-03-20",
    "date_recorded": "2009-03-20",
    "sale_price_cents": "41500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "a75a7fab-ed9e-4a2f-8521-e0f65cc2631a",
    "property_id": "462da0c4-307e-4ef3-89ac-6e7686eb6e35",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.06",
    "qualifier": "",
    "deed_book": "6249",
    "deed_page": "63",
    "deed_date": "2005-01-12",
    "date_recorded": "2005-01-13",
    "sale_price_cents": "47500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b11fb449-a2c2-4f48-b391-9603c0c6c9f0",
    "property_id": "462da0c4-307e-4ef3-89ac-6e7686eb6e35",
    "county_code": "14",
    "district_code": "24",
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    "lot": "5.06",
    "qualifier": "",
    "deed_book": "6249",
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    "deed_date": "2005-01-12",
    "date_recorded": "2005-01-12",
    "sale_price_cents": "47500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "8256b70c-60b3-4ff8-8534-0f371b2b18aa",
    "property_id": "462da0c4-307e-4ef3-89ac-6e7686eb6e35",
    "county_code": "14",
    "district_code": "24",
    "block": "1802",
    "lot": "5.06",
    "qualifier": "",
    "deed_book": "5982",
    "deed_page": "157",
    "deed_date": "2003-11-24",
    "date_recorded": "2003-12-23",
    "sale_price_cents": "40255200",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b1cbc2f3-dbe3-41d3-b1ca-6506cae3f5ed",
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    "date_recorded": "2003-11-24",
    "sale_price_cents": "40255200",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 51 Taft Ln, Morristown, NJ last sold?: The most recent recorded sale was in 2017 for $1.
What is the assessed value of 51 Taft Ln, Morristown, NJ?: The total municipal assessment is $564,300 (land plus improvements).
What is 51 Taft Ln, Morristown, NJ worth?: Our model estimates a market value of $733,038, derived from comparable recorded sales nearby.
How many units does 51 Taft Ln, Morristown, NJ have?: Records show 1 dwelling unit at 51 Taft Ln, Morristown, NJ.
What kind of property is 51 Taft Ln, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2003.

Based on 30 comparable sales

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

2/21/2017$1
taxrecords_njBk 23082 / Pg 1542
2/3/2017$1
MOD-IV (Rutgers)Bk 23082 / Pg 1542
3/17/2014$432,000
taxrecords_njBk 22505 / Pg 1959
2/21/2014$432,000
MOD-IV (Rutgers)Bk 22505 / Pg 1959
3/31/2009$415,000
taxrecords_njBk 21256 / Pg 591
3/20/2009$415,000
MOD-IV (Rutgers)Bk 21256 / Pg 591
1/13/2005$475,000
taxrecords_njBk 6249 / Pg 63
1/12/2005$475,000
MOD-IV (Rutgers)Bk 6249 / Pg 63
12/23/2003$402,552
taxrecords_njBk 5982 / Pg 157
11/24/2003$402,552
MOD-IV (Rutgers)Bk 5982 / Pg 157

Date	Price	Book / Page	Source
2/21/2017	$1	23082 / 1542	taxrecords_nj
2/3/2017	$1	23082 / 1542	MOD-IV (Rutgers)
3/17/2014	$432,000	22505 / 1959	taxrecords_nj
2/21/2014	$432,000	22505 / 1959	MOD-IV (Rutgers)
3/31/2009	$415,000	21256 / 591	taxrecords_nj
3/20/2009	$415,000	21256 / 591	MOD-IV (Rutgers)
1/13/2005	$475,000	6249 / 63	taxrecords_nj
1/12/2005	$475,000	6249 / 63	MOD-IV (Rutgers)
12/23/2003	$402,552	5982 / 157	taxrecords_nj