When was 22 Franklin Pl, Morristown, NJ last sold?

The most recent recorded sale was in 2021 for $515,000.

What is the assessed value of 22 Franklin Pl, Morristown, NJ?

The total municipal assessment is $598,300 (land plus improvements).

What is 22 Franklin Pl, Morristown, NJ worth?

Our model estimates a market value of $670,411, derived from comparable recorded sales nearby.

How many units does 22 Franklin Pl, Morristown, NJ have?

Records show 1 dwelling unit at 22 Franklin Pl, Morristown, NJ.

What kind of property is 22 Franklin Pl, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1986.

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22 Franklin Pl, Morristown, NJ — owner, sales, deeds · parceldata

22 Franklin Pl

Morristown, NJ·Morris County

1424·block 4501·lot 3.07

$670,411estimated value

Last sale

$515,000

2/17/2022 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1986

Building size

2,088 sq ft

Lot size

1.38 ac

Land description

250X196

Building description

CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$598,300

Land value

$275,000

Improvement value

$323,300

Last year's tax

$9,423

Last MOD-IV sale

$515,000

MOD-IV deed date

12/10/2021

Owner mailing address

22 FRANKLIN PL #2D
MORRISTOWN, NJ 07960

Estimated market value

$670,411

range $577,863 – $731,022

high confidence

Assessment-implied: $661,032; Director's Ratio 0.9051 (2025)
Comp-implied: $889,000; 7 comparable sales

Estimated value, last 11 years

2016: $440,708 → 2026: $670,411

dots are actual sale prices for this property

Bordering

200-ft notice list →

18-24 Franklin Pl
Lot 3
22 Franklin Pl #2a
Lot 3.04·$621,200
22 Franklin Pl-2b
Lot 3.05·$635,100
22 Franklin Pl
Lot 3.06·$605,600

Block 4501All of Block 4501 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "22 FRANKLIN PL 2D MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "22 FRANKLIN PL 2D 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_4501_3.07",
  "county_code": "14",
  "district_code": "24",
  "block": "4501",
  "lot": "3.07",
  "qualifier": "",
  "property_location": "22 FRANKLIN PL",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "CONDO",
  "land_desc": "250X196",
  "year_built": 1986,
  "living_sqft": 2088,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "27500000",
  "improvement_value_cents": "32330000",
  "net_value_cents": "59830000",
  "last_yr_tx_cents": "942323",
  "deed_date": "2021-12-10",
  "deed_book": "24348",
  "deed_page": "1772",
  "sale_price_cents": "51500000",
  "sales_code": null,
  "owner_mailing_street": "22 FRANKLIN PL #2D",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "1.377000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.47198932446068,
  "centroid_lat": 40.79324450011346
}

SR1A

[
  {
    "id": "384ac0f1-7345-4aff-a7bc-d9e28b515dc0",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "24348",
    "deed_page": "1772",
    "deed_date": "2021-12-10",
    "date_recorded": "2022-02-17",
    "sale_price_cents": "51500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "28cd28e2-1746-4d95-b481-a12b83b3c115",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "24348",
    "deed_page": "1772",
    "deed_date": "2021-12-10",
    "date_recorded": "2021-12-10",
    "sale_price_cents": "51500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "6535aaef-cd50-4e24-9e47-27765354d2d0",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "6004",
    "deed_page": "215",
    "deed_date": "2004-01-07",
    "date_recorded": "2004-01-21",
    "sale_price_cents": "45000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "21d44666-bbed-4005-9446-3a3b9da96452",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "6004",
    "deed_page": "215",
    "deed_date": "2004-01-07",
    "date_recorded": "2004-01-07",
    "sale_price_cents": "45000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "36c50c44-250c-46d5-a801-bd446fb0a1ec",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "4898",
    "deed_page": "119",
    "deed_date": "1998-12-17",
    "date_recorded": "1998-12-23",
    "sale_price_cents": "26260000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "364e7270-5d61-4972-bf9c-f28f85dc0327",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "4898",
    "deed_page": "119",
    "deed_date": "1998-12-17",
    "date_recorded": "1998-12-17",
    "sale_price_cents": "26260000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "60902ccf-edcb-4a78-891a-5eed1817ff40",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "4634",
    "deed_page": "72",
    "deed_date": "1997-08-29",
    "date_recorded": "1997-09-12",
    "sale_price_cents": "23625000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "5a66f9f2-203a-49c6-9c7d-792f177ef59b",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "4634",
    "deed_page": "72",
    "deed_date": "1997-08-29",
    "date_recorded": "1997-08-29",
    "sale_price_cents": "23625000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "3a1ce2ec-4d64-4617-9b1f-1b00a992ca40",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "4172",
    "deed_page": "169",
    "deed_date": "1995-04-10",
    "date_recorded": "1995-04-21",
    "sale_price_cents": "22750000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "3e5b7284-3d67-4cd1-a672-feae0cf7a447",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "4172",
    "deed_page": "169",
    "deed_date": "1995-04-10",
    "date_recorded": "1995-04-10",
    "sale_price_cents": "22750000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "05819edd-c74d-4fc4-ace8-4e5cc80109f3",
    "property_id": "41c680be-1fa9-449a-9cdc-dcd3070f5fe3",
    "county_code": "14",
    "district_code": "24",
    "block": "4501",
    "lot": "3.07",
    "qualifier": "",
    "deed_book": "3642",
    "deed_page": "350",
    "deed_date": "1992-08-27",
    "date_recorded": "1992-08-27",
    "sale_price_cents": "21000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 22 Franklin Pl, Morristown, NJ last sold?: The most recent recorded sale was in 2021 for $515,000.
What is the assessed value of 22 Franklin Pl, Morristown, NJ?: The total municipal assessment is $598,300 (land plus improvements).
What is 22 Franklin Pl, Morristown, NJ worth?: Our model estimates a market value of $670,411, derived from comparable recorded sales nearby.
How many units does 22 Franklin Pl, Morristown, NJ have?: Records show 1 dwelling unit at 22 Franklin Pl, Morristown, NJ.
What kind of property is 22 Franklin Pl, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1986.

Based on 7 comparable sales

Address	Sold	Price
22 Franklin Pl. 3D	5/13/2025	$922,250
22 Franklin Pl 1-B	5/7/2025	$680,000
13 Franklin Pl	4/24/2025	$889,000
13 Franklin Pl	12/20/2024	$731,500
13 Franklin Pl	12/12/2024	$852,777
13 Franklin Pl	5/24/2024	$800,000
22 Franklin Pl. 3D	5/31/2023	$680,000

Sales history

2/17/2022$515,000
taxrecords_njBk 24348 / Pg 1772
12/10/2021$515,000
MOD-IV (Rutgers)Bk 24348 / Pg 1772
1/21/2004$450,000
taxrecords_njBk 6004 / Pg 215
1/7/2004$450,000
MOD-IV (Rutgers)Bk 6004 / Pg 215
12/23/1998$262,600
taxrecords_njBk 4898 / Pg 119
12/17/1998$262,600
MOD-IV (Rutgers)Bk 4898 / Pg 119
9/12/1997$236,250
taxrecords_njBk 4634 / Pg 72
8/29/1997$236,250
MOD-IV (Rutgers)Bk 4634 / Pg 72
4/21/1995$227,500
taxrecords_njBk 4172 / Pg 169
4/10/1995$227,500
MOD-IV (Rutgers)Bk 4172 / Pg 169
8/27/1992$210,000
MOD-IV (Rutgers)Bk 3642 / Pg 350

Date	Price	Book / Page	Source
2/17/2022	$515,000	24348 / 1772	taxrecords_nj
12/10/2021	$515,000	24348 / 1772	MOD-IV (Rutgers)
1/21/2004	$450,000	6004 / 215	taxrecords_nj
1/7/2004	$450,000	6004 / 215	MOD-IV (Rutgers)
12/23/1998	$262,600	4898 / 119	taxrecords_nj
12/17/1998	$262,600	4898 / 119	MOD-IV (Rutgers)
9/12/1997	$236,250	4634 / 72	taxrecords_nj
8/29/1997	$236,250	4634 / 72	MOD-IV (Rutgers)
4/21/1995	$227,500	4172 / 169	taxrecords_nj