When was 80 Elm St, Morristown, NJ last sold?

The most recent recorded sale was in 2021 for $1,550,000.

What is the assessed value of 80 Elm St, Morristown, NJ?

The total municipal assessment is $2,850,700 (land plus improvements).

What is 80 Elm St, Morristown, NJ worth?

Our model estimates a market value of $1,991,209, derived from comparable recorded sales nearby.

What kind of property is 80 Elm St, Morristown, NJ?

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

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80 Elm St, Morristown, NJ — owner, sales, deeds · parceldata

80 Elm St

Morristown, NJ·Morris County

1424·block 4701·lot 7

$1,991,209estimated value

Last sale

$1,550,000

2/15/2022 · SR1A 2022

23 other properties share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

5,010 sq ft

Lot size

0.05 ac

Land description

2223SF

Building description

2S B WHSE

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$2,850,700

Land value

$486,000

Improvement value

$2,364,700

Last year's tax

$47,920

Last MOD-IV sale

$2,805,750

MOD-IV deed date

11/21/2018

Owner mailing address

25 WASHINGTON ST
MORRISTOWN, NJ 07960

Estimated market value

$1,991,209

range $1,750,003 – $2,232,415

high confidence

Assessment-implied: $3,149,597; Director's Ratio 0.9051 (2025)
Comparable sales: 7 (below threshold)

Estimated value, last 11 years

2016: $1,308,962 → 2026: $1,991,209

dots are actual sale prices for this property

Bordering

200-ft notice list →

84 Elm St
Lot 6·$360,000
82 Elm St
Lot 7.01·$1,487,300
74-78 Elm St
Lot 8·$2,982,100

Block 4701All of Block 4701 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 23,
  "portfolioKeys": {
    "fullKeys": [
      "25 WASHINGTON ST MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "25 WASHINGTON ST 07960"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1424_4701_7",
  "county_code": "14",
  "district_code": "24",
  "block": "4701",
  "lot": "7",
  "qualifier": "",
  "property_location": "80 ELM ST",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "2S B WHSE",
  "land_desc": "2223SF",
  "year_built": null,
  "living_sqft": 5010,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "48600000",
  "improvement_value_cents": "236470000",
  "net_value_cents": "285070000",
  "last_yr_tx_cents": "4792027",
  "deed_date": "2018-11-21",
  "deed_book": "23458",
  "deed_page": "474",
  "sale_price_cents": "280575000",
  "sales_code": null,
  "owner_mailing_street": "25 WASHINGTON ST",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.051000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "101",
  "fac_name": null,
  "centroid_lon": -74.47422007435433,
  "centroid_lat": 40.79607093553881
}

SR1A

[
  {
    "id": "ae63d7c9-0f25-46a7-81e1-855e91365fc2",
    "property_id": null,
    "county_code": "14",
    "district_code": "24",
    "block": "4701",
    "lot": "7",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-12-30",
    "date_recorded": "2022-02-15",
    "sale_price_cents": "155000000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "964d39d3-cfc9-497d-b69e-2b579489adee",
    "property_id": "57fa2c04-21d9-43a5-8fdb-1d6a2718c1d4",
    "county_code": "14",
    "district_code": "24",
    "block": "4701",
    "lot": "7",
    "qualifier": "",
    "deed_book": "23458",
    "deed_page": "474",
    "deed_date": "2018-11-21",
    "date_recorded": "2018-12-03",
    "sale_price_cents": "280575000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "5e8c1cf0-b5a8-44ac-be35-204dd05f441b",
    "property_id": "57fa2c04-21d9-43a5-8fdb-1d6a2718c1d4",
    "county_code": "14",
    "district_code": "24",
    "block": "4701",
    "lot": "7",
    "qualifier": "",
    "deed_book": "23458",
    "deed_page": "474",
    "deed_date": "2018-11-21",
    "date_recorded": "2018-11-21",
    "sale_price_cents": "280575000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "4bea0a39-de29-4236-8a39-dde623cf3386",
    "property_id": "57fa2c04-21d9-43a5-8fdb-1d6a2718c1d4",
    "county_code": "14",
    "district_code": "24",
    "block": "4701",
    "lot": "7",
    "qualifier": "",
    "deed_book": "22545",
    "deed_page": "1354",
    "deed_date": "2014-06-11",
    "date_recorded": "2014-06-16",
    "sale_price_cents": "150000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "e1c922fc-c646-4d1e-b173-f0f4ec9b6b6f",
    "property_id": "57fa2c04-21d9-43a5-8fdb-1d6a2718c1d4",
    "county_code": "14",
    "district_code": "24",
    "block": "4701",
    "lot": "7",
    "qualifier": "",
    "deed_book": "22545",
    "deed_page": "1354",
    "deed_date": "2014-06-11",
    "date_recorded": "2014-06-11",
    "sale_price_cents": "150000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "cabbcf61-bcc4-4c39-866b-5ae785a9238d",
    "property_id": "57fa2c04-21d9-43a5-8fdb-1d6a2718c1d4",
    "county_code": "14",
    "district_code": "24",
    "block": "4701",
    "lot": "7",
    "qualifier": "",
    "deed_book": "4171",
    "deed_page": "223",
    "deed_date": "1995-04-19",
    "date_recorded": "1995-04-20",
    "sale_price_cents": "27500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "62bc7f46-bfcd-4152-9793-e99e116f45eb",
    "property_id": "57fa2c04-21d9-43a5-8fdb-1d6a2718c1d4",
    "county_code": "14",
    "district_code": "24",
    "block": "4701",
    "lot": "7",
    "qualifier": "",
    "deed_book": "4171",
    "deed_page": "223",
    "deed_date": "1995-04-19",
    "date_recorded": "1995-04-19",
    "sale_price_cents": "27500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 80 Elm St, Morristown, NJ last sold?: The most recent recorded sale was in 2021 for $1,550,000.
What is the assessed value of 80 Elm St, Morristown, NJ?: The total municipal assessment is $2,850,700 (land plus improvements).
What is 80 Elm St, Morristown, NJ worth?: Our model estimates a market value of $1,991,209, derived from comparable recorded sales nearby.
What kind of property is 80 Elm St, Morristown, NJ?: MOD-IV classifies it as Commercial (class 4A).

Address	Sold	Price
19 Market St	1/24/2025	$4,900,000
40 Park	1/17/2025	$15,650,000
1 Maple Ave	11/15/2024	$736,230
40 Park	10/22/2024	$15,650,000
40 Park	10/22/2024	$15,650,000
40 Park	10/22/2024	$15,650,000
40 Park	10/22/2024	$15,650,000

Sales history

2/15/2022$1,550,000
SR1A 2022
12/3/2018$2,805,750
taxrecords_njBk 23458 / Pg 474
11/21/2018$2,805,750
MOD-IV (Rutgers)Bk 23458 / Pg 474
6/16/2014$1,500,000
taxrecords_njBk 22545 / Pg 1354
6/11/2014$1,500,000
MOD-IV (Rutgers)Bk 22545 / Pg 1354
4/20/1995$275,000
taxrecords_njBk 4171 / Pg 223
4/19/1995$275,000
MOD-IV (Rutgers)Bk 4171 / Pg 223

Date	Price	Book / Page	Source
2/15/2022	$1,550,000	—	SR1A 2022
12/3/2018	$2,805,750	23458 / 474	taxrecords_nj
11/21/2018	$2,805,750	23458 / 474	MOD-IV (Rutgers)
6/16/2014	$1,500,000	22545 / 1354	taxrecords_nj
6/11/2014	$1,500,000	22545 / 1354	MOD-IV (Rutgers)
4/20/1995	$275,000	4171 / 223	taxrecords_nj
4/19/1995	$275,000	4171 / 223	MOD-IV (Rutgers)