When was 40 Pine St, Morristown, NJ last sold?

The most recent recorded sale was in 2018 for $958,100.

What is the assessed value of 40 Pine St, Morristown, NJ?

The total municipal assessment is $1,564,900 (land plus improvements).

What is 40 Pine St, Morristown, NJ worth?

Our model estimates a market value of $1,728,980, derived from comparable recorded sales nearby.

What kind of property is 40 Pine St, Morristown, NJ?

MOD-IV classifies it as Commercial (class 4A). Year built: 1937.

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40 Pine St, Morristown, NJ — owner, sales, deeds · parceldata

40 Pine St

Morristown, NJ 07960·Morris County

1424·block 4801·lot 19

$1,728,980estimated value

Last sale

$958,100

11/8/2018 · taxrecords_nj

Property

Type

Commercial

Tax class

Commercial

Year built

1937

Building size

4,992 sq ft

Lot size

0.13 ac

Land description

40X144

Building description

1S CB G

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$1,564,900

Land value

$234,000

Improvement value

$1,330,900

Last year's tax

$24,647

Last MOD-IV sale

$958,100

MOD-IV deed date

10/29/2018

Owner mailing address

40 PINE ST
MORRISTOWN, NJ 07960

Estimated market value

$1,728,980

range $1,469,633 – $1,988,327

moderate confidence

Assessment-implied: $1,728,980; Director's Ratio 0.9051 (2025)
Comparable sales: 2 (below threshold)

Estimated value, last 11 years

2016: $1,129,692 → 2026: $1,728,980

dots are actual sale prices for this property

Based on 2 comparable sales

Bordering

200-ft notice list →

89 Morris St
Lot 11·$5,166,900
42 Pine St
Lot 18·$360,000
36 Pine St
Lot 20
10 Wilmot St
Lot 22·$1,832,100

Block 4801All of Block 4801 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1424_4801_19",
  "county_code": "14",
  "district_code": "24",
  "block": "4801",
  "lot": "19",
  "qualifier": "",
  "property_location": "40 PINE ST",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "1S CB G",
  "land_desc": "40X144",
  "year_built": 1937,
  "living_sqft": 4992,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "23400000",
  "improvement_value_cents": "133090000",
  "net_value_cents": "156490000",
  "last_yr_tx_cents": "2464718",
  "deed_date": "2018-10-29",
  "deed_book": "23446",
  "deed_page": "1782",
  "sale_price_cents": "95810000",
  "sales_code": null,
  "owner_mailing_street": "40 PINE ST",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.132000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "101",
  "fac_name": null,
  "centroid_lon": -74.47703554227847,
  "centroid_lat": 40.796356855466726
}

SR1A

[
  {
    "id": "129ab34a-f58a-49f6-b356-a0e98d858bed",
    "property_id": "67e43c41-e4b3-4dfa-8e85-1809861e733d",
    "county_code": "14",
    "district_code": "24",
    "block": "4801",
    "lot": "19",
    "qualifier": "",
    "deed_book": "23446",
    "deed_page": "1782",
    "deed_date": "2018-10-29",
    "date_recorded": "2018-11-08",
    "sale_price_cents": "95810000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "976e2929-6f1c-4798-b704-eaa56c795877",
    "property_id": "67e43c41-e4b3-4dfa-8e85-1809861e733d",
    "county_code": "14",
    "district_code": "24",
    "block": "4801",
    "lot": "19",
    "qualifier": "",
    "deed_book": "23446",
    "deed_page": "1782",
    "deed_date": "2018-10-29",
    "date_recorded": "2018-10-29",
    "sale_price_cents": "95810000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "6638fca7-3e32-4f00-9935-ff8b100749bf",
    "property_id": "67e43c41-e4b3-4dfa-8e85-1809861e733d",
    "county_code": "14",
    "district_code": "24",
    "block": "4801",
    "lot": "19",
    "qualifier": "",
    "deed_book": "6445",
    "deed_page": "121",
    "deed_date": "2005-09-22",
    "date_recorded": "2005-09-29",
    "sale_price_cents": "62000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "a58d3f46-e27a-4e92-9739-7698ea123d13",
    "property_id": "67e43c41-e4b3-4dfa-8e85-1809861e733d",
    "county_code": "14",
    "district_code": "24",
    "block": "4801",
    "lot": "19",
    "qualifier": "",
    "deed_book": "6445",
    "deed_page": "121",
    "deed_date": "2005-09-22",
    "date_recorded": "2005-09-22",
    "sale_price_cents": "62000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b11de715-463e-426f-acab-4f0aba987b81",
    "property_id": "67e43c41-e4b3-4dfa-8e85-1809861e733d",
    "county_code": "14",
    "district_code": "24",
    "block": "4801",
    "lot": "19",
    "qualifier": "",
    "deed_book": "3968",
    "deed_page": "334",
    "deed_date": "1994-04-14",
    "date_recorded": "1994-05-04",
    "sale_price_cents": "21500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "e32d97a9-f087-4901-8a70-567be95a21c3",
    "property_id": "67e43c41-e4b3-4dfa-8e85-1809861e733d",
    "county_code": "14",
    "district_code": "24",
    "block": "4801",
    "lot": "19",
    "qualifier": "",
    "deed_book": "3968",
    "deed_page": "334",
    "deed_date": "1994-04-14",
    "date_recorded": "1994-04-14",
    "sale_price_cents": "21500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 40 Pine St, Morristown, NJ last sold?: The most recent recorded sale was in 2018 for $958,100.
What is the assessed value of 40 Pine St, Morristown, NJ?: The total municipal assessment is $1,564,900 (land plus improvements).
What is 40 Pine St, Morristown, NJ worth?: Our model estimates a market value of $1,728,980, derived from comparable recorded sales nearby.
What kind of property is 40 Pine St, Morristown, NJ?: MOD-IV classifies it as Commercial (class 4A). Year built: 1937.

Address	Sold	Price
1 Maple Ave	11/15/2024	$736,230
89 Ridgedale Ave	1/3/2024	$1,975,000

Sales history

11/8/2018$958,100
taxrecords_njBk 23446 / Pg 1782
10/29/2018$958,100
MOD-IV (Rutgers)Bk 23446 / Pg 1782
9/29/2005$620,000
taxrecords_njBk 6445 / Pg 121
9/22/2005$620,000
MOD-IV (Rutgers)Bk 6445 / Pg 121
5/4/1994$215,000
taxrecords_njBk 3968 / Pg 334
4/14/1994$215,000
MOD-IV (Rutgers)Bk 3968 / Pg 334

Date	Price	Book / Page	Source
11/8/2018	$958,100	23446 / 1782	taxrecords_nj
10/29/2018	$958,100	23446 / 1782	MOD-IV (Rutgers)
9/29/2005	$620,000	6445 / 121	taxrecords_nj
9/22/2005	$620,000	6445 / 121	MOD-IV (Rutgers)
5/4/1994	$215,000	3968 / 334	taxrecords_nj
4/14/1994	$215,000	3968 / 334	MOD-IV (Rutgers)