When was 59-61 Morris St, Morristown, NJ last sold?

The most recent recorded sale was in 1998 for $300,000.

What is the assessed value of 59-61 Morris St, Morristown, NJ?

The total municipal assessment is $2,461,300 (land plus improvements).

What is 59-61 Morris St, Morristown, NJ worth?

Our model estimates a market value of $2,719,368, derived from comparable recorded sales nearby.

What kind of property is 59-61 Morris St, Morristown, NJ?

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

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59-61 Morris St, Morristown, NJ — owner, sales, deeds · parceldata

59-61 Morris St

Morristown, NJ 07960·Morris County

1424·block 4801·lot 6

$2,719,368estimated value

Last sale

$300,000

4/13/1998 · taxrecords_nj

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

Property

Type

Commercial

Tax class

Commercial

Year built

Building size

6,047 sq ft

Lot size

0.12 ac

Land description

36X140

Building description

RETAIL/OFFICES

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$2,461,300

Land value

$1,100,000

Improvement value

$1,361,300

Last year's tax

$41,374

Last MOD-IV sale

$300,000

MOD-IV deed date

3/31/1998

Owner mailing address

59-61 MORRIS ST
MORRISTOWN, NJ 07960

Estimated market value

$2,719,368

range $2,311,463 – $3,127,273

moderate confidence

Assessment-implied: $2,719,368; Director's Ratio 0.9051 (2025)
Comparable sales: 4 (below threshold)

Estimated value, last 11 years

2016: $1,776,798 → 2026: $2,719,368

Based on 4 comparable sales

Address	Sold	Price
22 Park Pl	6/25/2025	$3,450,000
23 DE Hart St	4/9/2025	$3,850,000

Bordering

200-ft notice list →

2-12 Wilmot St
Lot 5·$3,801,000
63 Morris St
Lot 7·$1,665,600

Block 4801All of Block 4801 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 3,
  "portfolioKeys": {
    "fullKeys": [
      "59-61 MORRIS ST MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "59-61 MORRIS ST 07960"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1424_4801_6",
  "county_code": "14",
  "district_code": "24",
  "block": "4801",
  "lot": "6",
  "qualifier": "",
  "property_location": "59-61 MORRIS ST",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "RETAIL/OFFICES",
  "land_desc": "36X140",
  "year_built": 0,
  "living_sqft": 6047,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "110000000",
  "improvement_value_cents": "136130000",
  "net_value_cents": "246130000",
  "last_yr_tx_cents": "4137446",
  "deed_date": "1998-03-31",
  "deed_book": "4745",
  "deed_page": "71",
  "sale_price_cents": "30000000",
  "sales_code": null,
  "owner_mailing_street": "59-61 MORRIS ST",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.116000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.47788051620152,
  "centroid_lat": 40.797253747079864
}

SR1A

[
  {
    "id": "381c2ced-2511-4519-bdb8-a253fb81682b",
    "property_id": "aaa03046-0e64-430b-953e-68b8dc6feebd",
    "county_code": "14",
    "district_code": "24",
    "block": "4801",
    "lot": "6",
    "qualifier": "",
    "deed_book": "4745",
    "deed_page": "71",
    "deed_date": "1998-03-31",
    "date_recorded": "1998-04-13",
    "sale_price_cents": "30000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "a3e7d164-3650-40d8-abab-f3157686aed5",
    "property_id": "aaa03046-0e64-430b-953e-68b8dc6feebd",
    "county_code": "14",
    "district_code": "24",
    "block": "4801",
    "lot": "6",
    "qualifier": "",
    "deed_book": "4745",
    "deed_page": "71",
    "deed_date": "1998-03-31",
    "date_recorded": "1998-03-31",
    "sale_price_cents": "30000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 59-61 Morris St, Morristown, NJ last sold?: The most recent recorded sale was in 1998 for $300,000.
What is the assessed value of 59-61 Morris St, Morristown, NJ?: The total municipal assessment is $2,461,300 (land plus improvements).
What is 59-61 Morris St, Morristown, NJ worth?: Our model estimates a market value of $2,719,368, derived from comparable recorded sales nearby.
What kind of property is 59-61 Morris St, Morristown, NJ?: MOD-IV classifies it as Commercial (class 4A).

Sales history

4/13/1998$300,000
taxrecords_njBk 4745 / Pg 71
3/31/1998$300,000
MOD-IV (Rutgers)Bk 4745 / Pg 71

Date	Price	Book / Page	Source
4/13/1998	$300,000	4745 / 71	taxrecords_nj
3/31/1998	$300,000	4745 / 71	MOD-IV (Rutgers)