When was 54 Sussex Ave, Morristown, NJ last sold?

The most recent recorded sale was in 2004 for $481,100.

What is the assessed value of 54 Sussex Ave, Morristown, NJ?

The total municipal assessment is $737,400 (land plus improvements).

What is 54 Sussex Ave, Morristown, NJ worth?

Our model estimates a market value of $921,972, derived from comparable recorded sales nearby.

How many units does 54 Sussex Ave, Morristown, NJ have?

Records show 2 dwelling units at 54 Sussex Ave, Morristown, NJ.

What kind of property is 54 Sussex Ave, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1906.

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54 Sussex Ave, Morristown, NJ — owner, sales, deeds · parceldata

54 Sussex Ave

Morristown, NJ 07960·Morris County

1424·block 5202·lot 18

$921,972estimated value

Units

from MOD-IV (2-char max)

Last sale

$481,100

1/22/2004 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1906

Building size

2,356 sq ft

Lot size

0.24 ac

Land description

50X206 AVG

Building description

2S F 2FAM G2

Dwelling / commercial units

2 dw / 0 comm

Tax & Assessment

Net assessed value

$737,400

Land value

$336,200

Improvement value

$401,200

Last year's tax

$11,614

Last MOD-IV sale

$481,100

MOD-IV deed date

1/9/2004

Owner mailing address

54 SUSSEX AVE
MORRISTOWN, NJ 07960

Estimated market value

$921,972

range $793,965 – $987,805

high confidence

Assessment-implied: $814,717; Director's Ratio 0.9051 (2025)
Comp-implied: $957,724; 30 comparable sales

Estimated value, last 11 years

2016: $602,404 → 2026: $921,972

Based on 30 comparable sales

Address	Sold	Price
131 Washington Ave

Bordering

200-ft notice list →

103 Mills St
Lot 10·$727,300
56 Sussex Ave
Lot 17·$400,600
52 Sussex Ave
Lot 19·$1,026,600

Block 5202All of Block 5202 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "54 SUSSEX AVE MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "54 SUSSEX AVE 07960"
    ]
  },
  "effective_unit_count": 2,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_5202_18",
  "county_code": "14",
  "district_code": "24",
  "block": "5202",
  "lot": "18",
  "qualifier": "",
  "property_location": "54 SUSSEX AVE",
  "property_class": "2",
  "bldg_class": "47",
  "bldg_desc": "2S F 2FAM G2",
  "land_desc": "50X206 AVG",
  "year_built": 1906,
  "living_sqft": 2356,
  "dwelling_units": 2,
  "comm_dwell": null,
  "land_value_cents": "33620000",
  "improvement_value_cents": "40120000",
  "net_value_cents": "73740000",
  "last_yr_tx_cents": "1161405",
  "deed_date": "2004-01-09",
  "deed_book": "6005",
  "deed_page": "88",
  "sale_price_cents": "48110000",
  "sales_code": null,
  "owner_mailing_street": "54 SUSSEX AVE",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.236000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.48569103560246,
  "centroid_lat": 40.80594093859988
}

SR1A

[
  {
    "id": "aa60d291-931f-4301-b012-3dec75e6ca9b",
    "property_id": "761da464-734c-4df7-b18d-2370464fab7e",
    "county_code": "14",
    "district_code": "24",
    "block": "5202",
    "lot": "18",
    "qualifier": "",
    "deed_book": "6005",
    "deed_page": "88",
    "deed_date": "2004-01-09",
    "date_recorded": "2004-01-22",
    "sale_price_cents": "48110000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "25b8243b-1d2e-4279-a03a-d4f63c3be838",
    "property_id": "761da464-734c-4df7-b18d-2370464fab7e",
    "county_code": "14",
    "district_code": "24",
    "block": "5202",
    "lot": "18",
    "qualifier": "",
    "deed_book": "6005",
    "deed_page": "88",
    "deed_date": "2004-01-09",
    "date_recorded": "2004-01-09",
    "sale_price_cents": "48110000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "4c9b2b2e-cc6e-42d3-970b-cbfd45a3d005",
    "property_id": "761da464-734c-4df7-b18d-2370464fab7e",
    "county_code": "14",
    "district_code": "24",
    "block": "5202",
    "lot": "18",
    "qualifier": "",
    "deed_book": "4000",
    "deed_page": "233",
    "deed_date": "1994-06-10",
    "date_recorded": "1994-06-24",
    "sale_price_cents": "17620000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "5656752a-3b08-402b-a1b9-f247d8f61734",
    "property_id": "761da464-734c-4df7-b18d-2370464fab7e",
    "county_code": "14",
    "district_code": "24",
    "block": "5202",
    "lot": "18",
    "qualifier": "",
    "deed_book": "4000",
    "deed_page": "233",
    "deed_date": "1994-06-10",
    "date_recorded": "1994-06-10",
    "sale_price_cents": "17620000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 54 Sussex Ave, Morristown, NJ last sold?: The most recent recorded sale was in 2004 for $481,100.
What is the assessed value of 54 Sussex Ave, Morristown, NJ?: The total municipal assessment is $737,400 (land plus improvements).
What is 54 Sussex Ave, Morristown, NJ worth?: Our model estimates a market value of $921,972, derived from comparable recorded sales nearby.
How many units does 54 Sussex Ave, Morristown, NJ have?: Records show 2 dwelling units at 54 Sussex Ave, Morristown, NJ.
What kind of property is 54 Sussex Ave, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1906.

Sales history

1/22/2004$481,100
taxrecords_njBk 6005 / Pg 88
1/9/2004$481,100
MOD-IV (Rutgers)Bk 6005 / Pg 88
6/24/1994$176,200
taxrecords_njBk 4000 / Pg 233
6/10/1994$176,200
MOD-IV (Rutgers)Bk 4000 / Pg 233

Date	Price	Book / Page	Source
1/22/2004	$481,100	6005 / 88	taxrecords_nj
1/9/2004	$481,100	6005 / 88	MOD-IV (Rutgers)
6/24/1994	$176,200	4000 / 233	taxrecords_nj
6/10/1994	$176,200	4000 / 233	MOD-IV (Rutgers)