When was 38 Ridgedale Ave, Morristown, NJ last sold?

The most recent recorded sale was in 1998 for $9,000,000.

What is the assessed value of 38 Ridgedale Ave, Morristown, NJ?

The total municipal assessment is $13,195,000 (land plus improvements).

What is 38 Ridgedale Ave, Morristown, NJ worth?

Our model estimates a market value of $14,578,500, derived from comparable recorded sales nearby.

What kind of property is 38 Ridgedale Ave, Morristown, NJ?

MOD-IV classifies it as Commercial (class 4A).

parceldata.nj

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38 Ridgedale Ave, Morristown, NJ — owner, sales, deeds · parceldata

38 Ridgedale Ave

Morristown, NJ·Morris County

1424·block 1901·lot 12

$14,578,500estimated value

Last sale

$9,000,000

7/2/1998 · taxrecords_nj

Property

Type

Commercial

Tax class

Commercial

Year built

Building size

—

Lot size

2.37 ac

Land description

410X252

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$13,195,000

Land value

$1,534,500

Improvement value

$11,660,500

Last year's tax

$221,808

Last MOD-IV sale

$9,000,000

MOD-IV deed date

6/30/1998

Owner mailing address

34 RIDGEDALE AVE
MORRISTOWN, NJ 07960

Estimated market value

$14,578,500

range $12,391,725 – $16,765,275

moderate confidence

Assessment-implied: $14,578,500; Director's Ratio 0.9051 (2025)
Comparable sales: 18 (below threshold)

Estimated value, last 11 years

2016: $9,583,476 → 2026: $14,578,500

Based on 18 comparable sales

Address	Sold	Price

On Ridgedale Ave

All 106 on Ridgedale Ave →

33 Ridgedale Ave
Lot 12·$539,500
37 Ridgedale Ave
Lot 11·$437,800
39 Ridgedale Ave
Lot 10·$722,700
41 Ridgedale Ave
Lot 9·$434,800
43 Ridgedale Ave
Lot 8·$740,100
44 Ridgedale Ave Unit 247
Lot 11.47·$447,600

Bordering

200-ft notice list →

Unknown
Lot 11
1 Olyphant Dr
Lot 18·$507,900
3 Olyphant Dr
Lot 19·$686,200
5 Olyphant Dr
Lot 20·$658,300
7 Olyphant Dr
Lot 21·$552,600
11 Olyphant Dr
Lot 22·$694,100
15 Olyphant Dr
Lot 23·$605,000

Block 1901All of Block 1901 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "34 RIDGEDALE AVE MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "34 RIDGEDALE AVE 07960"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1424_1901_12",
  "county_code": "14",
  "district_code": "24",
  "block": "1901",
  "lot": "12",
  "qualifier": "",
  "property_location": "38 RIDGEDALE AVE",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": null,
  "land_desc": "410X252",
  "year_built": 0,
  "living_sqft": null,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "153450000",
  "improvement_value_cents": "1166050000",
  "net_value_cents": "1319500000",
  "last_yr_tx_cents": "22180795",
  "deed_date": "1998-06-30",
  "deed_book": "4795",
  "deed_page": "1",
  "sale_price_cents": "900000000",
  "sales_code": null,
  "owner_mailing_street": "34 RIDGEDALE AVE",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "2.372000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.47117678124603,
  "centroid_lat": 40.797659044341046
}

SR1A

[
  {
    "id": "be0f3de3-9c14-4c06-98ec-d72f5d4e0d48",
    "property_id": "06ae5d11-152e-49db-a2f1-d34f3e4c9082",
    "county_code": "14",
    "district_code": "24",
    "block": "1901",
    "lot": "12",
    "qualifier": "",
    "deed_book": "4795",
    "deed_page": "1",
    "deed_date": "1998-06-30",
    "date_recorded": "1998-07-02",
    "sale_price_cents": "900000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "5c41d5d1-13e7-414a-a5e3-05aaa5afb634",
    "property_id": "06ae5d11-152e-49db-a2f1-d34f3e4c9082",
    "county_code": "14",
    "district_code": "24",
    "block": "1901",
    "lot": "12",
    "qualifier": "",
    "deed_book": "4795",
    "deed_page": "1",
    "deed_date": "1998-06-30",
    "date_recorded": "1998-06-30",
    "sale_price_cents": "900000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b0267440-5a9f-4324-ab17-b1ac83f68b9d",
    "property_id": "06ae5d11-152e-49db-a2f1-d34f3e4c9082",
    "county_code": "14",
    "district_code": "24",
    "block": "1901",
    "lot": "12",
    "qualifier": "",
    "deed_book": "4403",
    "deed_page": "122",
    "deed_date": "1996-06-28",
    "date_recorded": "1996-07-09",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "017c1507-4de9-4987-9230-e3c21fc4563b",
    "property_id": "06ae5d11-152e-49db-a2f1-d34f3e4c9082",
    "county_code": "14",
    "district_code": "24",
    "block": "1901",
    "lot": "12",
    "qualifier": "",
    "deed_book": "4403",
    "deed_page": "122",
    "deed_date": "1996-06-28",
    "date_recorded": "1996-06-28",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7dca3ffe-158e-44ff-ae52-8849f2fd7103",
    "property_id": "06ae5d11-152e-49db-a2f1-d34f3e4c9082",
    "county_code": "14",
    "district_code": "24",
    "block": "1901",
    "lot": "12",
    "qualifier": "",
    "deed_book": "2651",
    "deed_page": "786",
    "deed_date": "1988-01-19",
    "date_recorded": "1988-01-19",
    "sale_price_cents": "100000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 38 Ridgedale Ave, Morristown, NJ last sold?: The most recent recorded sale was in 1998 for $9,000,000.
What is the assessed value of 38 Ridgedale Ave, Morristown, NJ?: The total municipal assessment is $13,195,000 (land plus improvements).
What is 38 Ridgedale Ave, Morristown, NJ worth?: Our model estimates a market value of $14,578,500, derived from comparable recorded sales nearby.
What kind of property is 38 Ridgedale Ave, Morristown, NJ?: MOD-IV classifies it as Commercial (class 4A).

Sales history

7/2/1998$9,000,000
taxrecords_njBk 4795 / Pg 1
6/30/1998$9,000,000
MOD-IV (Rutgers)Bk 4795 / Pg 1
7/9/1996$10
taxrecords_njBk 4403 / Pg 122
6/28/1996$10
MOD-IV (Rutgers)Bk 4403 / Pg 122
1/19/1988$1,000,000
MOD-IV (Rutgers)Bk 2651 / Pg 786

Date	Price	Book / Page	Source
7/2/1998	$9,000,000	4795 / 1	taxrecords_nj
6/30/1998	$9,000,000	4795 / 1	MOD-IV (Rutgers)
7/9/1996	$10	4403 / 122	taxrecords_nj
6/28/1996	$10	4403 / 122	MOD-IV (Rutgers)
1/19/1988	$1,000,000	2651 / 786	MOD-IV (Rutgers)

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