Who owns 50 South St, Morristown, NJ?

Public records list 50 South Street Partners LP as the owner of 50 South St, Morristown, NJ.

When was 50 South St, Morristown, NJ last sold?

The most recent recorded sale was in 2014 for $1.

What is the assessed value of 50 South St, Morristown, NJ?

The total municipal assessment is $3,834,100 (land plus improvements).

What is 50 South St, Morristown, NJ worth?

Our model estimates a market value of $4,236,107, derived from comparable recorded sales nearby.

How many units does 50 South St, Morristown, NJ have?

Records show 8 dwelling units at 50 South St, Morristown, NJ.

What kind of property is 50 South St, Morristown, NJ?

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

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50 South St, Morristown, NJ — owner, sales, deeds · parceldata

50 South St

Morristown, NJ 07960·Morris County

50 South Street

1424·block 4802·lot 12

$4,236,107estimated value

Units

from registry

Last sale

8/11/2014 · taxrecords_nj

Owner contact

Owner

50 South Street Partners LP

c/o Joseph Lobozzo

Property Owner / Agent

Phone 9735159010

Address

8 Woodhollow Rd, Ste Pl-4

Parsippany, NJ, 07054

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

Property

Type

Commercial

Tax class

Commercial

Year built

Building size

8,211 sq ft

Lot size

0.24 ac

Land description

10519SF

Building description

3S B STR OFF

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$3,834,100

Land value

$720,000

Improvement value

$3,114,100

Last year's tax

$64,451

Last MOD-IV sale

MOD-IV deed date

7/15/2014

Owner mailing address

8 WOOD HOLLOW RD
PARSIPPANY, NJ 07054

Housing registry

50 South Street

Units (registry)

Buildings

Status

Active

Registration #

1424040097

Owner type

Legal Partnership

Cert expires

11/17/2024

Cert issued

11/17/2017

Last recertification

—

Estimated market value

$4,236,107

range $3,600,691 – $4,871,522

moderate confidence

Assessment-implied: $4,236,107; Director's Ratio 0.9051 (2025)
Comparable sales: 8 (below threshold)

Estimated value, last 11 years

2016: $2,784,692 → 2026: $4,236,107

Bordering

200-ft notice list →

52 South St
Lot 11·$1,094,800
48 South St
Lot 12.01·$4,858,700

Block 4802All of Block 4802 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 6,
  "portfolioKeys": {
    "fullKeys": [
      "8 WOOD HOLLOW RD PARSIPPANY NJ 07054",
      "8 WOODHOLLOW RD STE PL-4 PARSIPPANY NJ 07054"
    ],
    "zipKeys": [
      "8 WOOD HOLLOW RD 07054",
      "8 WOODHOLLOW RD STE PL-4 07054"
    ]
  },
  "effective_unit_count": 8,
  "effective_unit_count_source": "DCA"
}

MOD-IV

{
  "pams_pin": "1424_4802_12",
  "county_code": "14",
  "district_code": "24",
  "block": "4802",
  "lot": "12",
  "qualifier": "",
  "property_location": "50 SOUTH ST",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "3S B STR OFF",
  "land_desc": "10519SF",
  "year_built": 0,
  "living_sqft": 8211,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "72000000",
  "improvement_value_cents": "311410000",
  "net_value_cents": "383410000",
  "last_yr_tx_cents": "6445123",
  "deed_date": "2014-07-15",
  "deed_book": "22574",
  "deed_page": "933",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "8 WOOD HOLLOW RD",
  "owner_mailing_city_state_zip": "PARSIPPANY, NJ  07054",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.242000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "101",
  "fac_name": null,
  "centroid_lon": -74.4793575551987,
  "centroid_lat": 40.795315172116204
}

SR1A

[
  {
    "id": "367bd684-7aef-441d-8449-2025c6fedc1e",
    "property_id": "29dfb6fc-05ac-4d49-aa33-5eb0e329e7bc",
    "county_code": "14",
    "district_code": "24",
    "block": "4802",
    "lot": "12",
    "qualifier": "",
    "deed_book": "22574",
    "deed_page": "933",
    "deed_date": "2014-07-15",
    "date_recorded": "2014-08-11",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "7f1cc635-5421-47f3-aa7c-1823616ce59c",
    "property_id": "29dfb6fc-05ac-4d49-aa33-5eb0e329e7bc",
    "county_code": "14",
    "district_code": "24",
    "block": "4802",
    "lot": "12",
    "qualifier": "",
    "deed_book": "22574",
    "deed_page": "933",
    "deed_date": "2014-07-15",
    "date_recorded": "2014-07-15",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "1ae3e012-8a1d-4c59-a52d-c2d420c7cde1",
    "property_id": "29dfb6fc-05ac-4d49-aa33-5eb0e329e7bc",
    "county_code": "14",
    "district_code": "24",
    "block": "4802",
    "lot": "12",
    "qualifier": "",
    "deed_book": "4399",
    "deed_page": "13",
    "deed_date": "1996-06-22",
    "date_recorded": "1996-07-01",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "1316cec9-f18d-4eef-b493-d2087ef3be8d",
    "property_id": "29dfb6fc-05ac-4d49-aa33-5eb0e329e7bc",
    "county_code": "14",
    "district_code": "24",
    "block": "4802",
    "lot": "12",
    "qualifier": "",
    "deed_book": "4399",
    "deed_page": "13",
    "deed_date": "1996-06-22",
    "date_recorded": "1996-06-22",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "9dc0a7b0-05bc-43f0-8098-a4893b5da693",
    "property_id": "29dfb6fc-05ac-4d49-aa33-5eb0e329e7bc",
    "county_code": "14",
    "district_code": "24",
    "block": "4802",
    "lot": "12",
    "qualifier": "",
    "deed_book": "4160",
    "deed_page": "177",
    "deed_date": "1995-02-28",
    "date_recorded": "1995-03-29",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "cde8f4a8-5fec-48d5-94bf-5487315647e3",
    "property_id": "29dfb6fc-05ac-4d49-aa33-5eb0e329e7bc",
    "county_code": "14",
    "district_code": "24",
    "block": "4802",
    "lot": "12",
    "qualifier": "",
    "deed_book": "4160",
    "deed_page": "177",
    "deed_date": "1995-02-28",
    "date_recorded": "1995-02-28",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "1bbf223d-0abf-4eca-abac-9de1f2ace1d2",
    "property_id": "29dfb6fc-05ac-4d49-aa33-5eb0e329e7bc",
    "county_code": "14",
    "district_code": "24",
    "block": "4802",
    "lot": "12",
    "qualifier": "",
    "deed_book": "2663",
    "deed_page": "243",
    "deed_date": "1983-03-24",
    "date_recorded": "1983-03-24",
    "sale_price_cents": "37500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

Who owns 50 South St, Morristown, NJ?: Public records list 50 South Street Partners LP as the owner of 50 South St, Morristown, NJ.
When was 50 South St, Morristown, NJ last sold?: The most recent recorded sale was in 2014 for $1.
What is the assessed value of 50 South St, Morristown, NJ?: The total municipal assessment is $3,834,100 (land plus improvements).
What is 50 South St, Morristown, NJ worth?: Our model estimates a market value of $4,236,107, derived from comparable recorded sales nearby.
How many units does 50 South St, Morristown, NJ have?: Records show 8 dwelling units at 50 South St, Morristown, NJ.
What kind of property is 50 South St, Morristown, NJ?: MOD-IV classifies it as Commercial (class 4A).

Address	Sold	Price
78 Market St	5/12/2025	$2,200,000
233 South St	4/15/2025	$3,265,000
25 Market St	1/24/2025	$4,900,000
Lackawanna Pl	1/6/2025	$1,400,000
22 Maple Ave	12/30/2024	$6,150,000
26 Franklin Pl	12/4/2024	$1,900,000
40 Park	10/22/2024	$15,650,000
40 Park	10/22/2024	$15,650,000

Sales history

8/11/2014$1
taxrecords_njBk 22574 / Pg 933
7/15/2014$1
MOD-IV (Rutgers)Bk 22574 / Pg 933
7/1/1996$10
taxrecords_njBk 4399 / Pg 13
6/22/1996$10
MOD-IV (Rutgers)Bk 4399 / Pg 13
3/29/1995$10
taxrecords_njBk 4160 / Pg 177
2/28/1995$10
MOD-IV (Rutgers)Bk 4160 / Pg 177
3/24/1983$375,000
MOD-IV (Rutgers)Bk 2663 / Pg 243

Date	Price	Book / Page	Source
8/11/2014	$1	22574 / 933	taxrecords_nj
7/15/2014	$1	22574 / 933	MOD-IV (Rutgers)
7/1/1996	$10	4399 / 13	taxrecords_nj
6/22/1996	$10	4399 / 13	MOD-IV (Rutgers)
3/29/1995	$10	4160 / 177	taxrecords_nj
2/28/1995	$10	4160 / 177	MOD-IV (Rutgers)
3/24/1983	$375,000	2663 / 243	MOD-IV (Rutgers)