When was 38 Morris St, Morristown, NJ last sold?

The most recent recorded sale was in 2015 for $750,000.

What is the assessed value of 38 Morris St, Morristown, NJ?

The total municipal assessment is $2,289,900 (land plus improvements).

What is 38 Morris St, Morristown, NJ worth?

Our model estimates a market value of $2,529,997, derived from comparable recorded sales nearby.

What kind of property is 38 Morris St, Morristown, NJ?

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

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38 Morris St, Morristown, NJ — owner, sales, deeds · parceldata

38 Morris St

Morristown, NJ·Morris County

1424·block 4901·lot 9

$2,529,997estimated value

Last sale

$750,000

12/2/2015 · taxrecords_nj

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

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

6,572 sq ft

Lot size

0.11 ac

Land description

48X102

Building description

3S 4FAM STORE

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$2,289,900

Land value

$612,000

Improvement value

$1,677,900

Last year's tax

$38,493

Last MOD-IV sale

$750,000

MOD-IV deed date

11/21/2015

Owner mailing address

15 WEST ST
EAST HANOVER NJ 07936

Estimated market value

$2,529,997

range $2,150,497 – $2,909,496

moderate confidence

Assessment-implied: $2,529,997; Director's Ratio 0.9051 (2025)
Comparable sales: 4 (below threshold)

Estimated value, last 11 years

2016: $1,663,145 → 2026: $2,529,997

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 →

34 Morris St
Lot 10·$277,400
12 Spring St
Lot 6·$2,160,000

Block 4901All of Block 4901 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 28,
  "portfolioKeys": {
    "fullKeys": [
      "15 W ST E HANOVER NJ 07936"
    ],
    "zipKeys": [
      "15 W ST 07936"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1424_4901_9",
  "county_code": "14",
  "district_code": "24",
  "block": "4901",
  "lot": "9",
  "qualifier": "",
  "property_location": "38 MORRIS ST",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "3S 4FAM STORE",
  "land_desc": "48X102",
  "year_built": null,
  "living_sqft": 6572,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "61200000",
  "improvement_value_cents": "167790000",
  "net_value_cents": "228990000",
  "last_yr_tx_cents": "3849322",
  "deed_date": "2015-11-21",
  "deed_book": "22822",
  "deed_page": "1548",
  "sale_price_cents": "75000000",
  "sales_code": null,
  "owner_mailing_street": "15 WEST ST",
  "owner_mailing_city_state_zip": "EAST HANOVER  NJ  07936",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.112000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "101",
  "fac_name": null,
  "centroid_lon": -74.47845713257097,
  "centroid_lat": 40.79763271770002
}

SR1A

[
  {
    "id": "765f6746-a430-4448-868f-ffd9115c63e1",
    "property_id": "0ea97362-05b6-4517-9b53-99daa5e309ba",
    "county_code": "14",
    "district_code": "24",
    "block": "4901",
    "lot": "9",
    "qualifier": "",
    "deed_book": "22822",
    "deed_page": "1548",
    "deed_date": "2015-11-21",
    "date_recorded": "2015-12-02",
    "sale_price_cents": "75000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6548240e-97e3-41b1-83c8-af19a4cf5cb9",
    "property_id": "0ea97362-05b6-4517-9b53-99daa5e309ba",
    "county_code": "14",
    "district_code": "24",
    "block": "4901",
    "lot": "9",
    "qualifier": "",
    "deed_book": "22822",
    "deed_page": "1548",
    "deed_date": "2015-11-21",
    "date_recorded": "2015-11-21",
    "sale_price_cents": "75000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 38 Morris St, Morristown, NJ last sold?: The most recent recorded sale was in 2015 for $750,000.
What is the assessed value of 38 Morris St, Morristown, NJ?: The total municipal assessment is $2,289,900 (land plus improvements).
What is 38 Morris St, Morristown, NJ worth?: Our model estimates a market value of $2,529,997, derived from comparable recorded sales nearby.
What kind of property is 38 Morris St, Morristown, NJ?: MOD-IV classifies it as Commercial (class 4A).

Sales history

12/2/2015$750,000
taxrecords_njBk 22822 / Pg 1548
11/21/2015$750,000
MOD-IV (Rutgers)Bk 22822 / Pg 1548

Date	Price	Book / Page	Source
12/2/2015	$750,000	22822 / 1548	taxrecords_nj
11/21/2015	$750,000	22822 / 1548	MOD-IV (Rutgers)