When was 51 Bank St, Morristown, NJ last sold?

The most recent recorded sale was in 2014 for $10.

What is the assessed value of 51 Bank St, Morristown, NJ?

The total municipal assessment is $970,600 (land plus improvements).

What is 51 Bank St, Morristown, NJ worth?

Our model estimates a market value of $1,072,368, derived from comparable recorded sales nearby.

What kind of property is 51 Bank St, Morristown, NJ?

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

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51 Bank St, Morristown, NJ — owner, sales, deeds · parceldata

51 Bank St

Morristown, NJ·Morris County

1424·block 6003·lot 5

$1,072,368estimated value

Last sale

$10

9/2/2014 · taxrecords_nj

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

2,743 sq ft

Lot size

0.16 ac

Land description

7151SF

Building description

1S CB G1

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$970,600

Land value

$529,200

Improvement value

$441,400

Last year's tax

$16,316

Last MOD-IV sale

$10

MOD-IV deed date

4/10/2014

Owner mailing address

POBOX 1463
MORRISTOWN, NJ 07962

Estimated market value

$1,072,368

range $911,513 – $1,233,223

moderate confidence

Assessment-implied: $1,072,368; Director's Ratio 0.9051 (2025)
Comparable sales: 9 (below threshold)

Estimated value, last 11 years

2016: $704,943 → 2026: $1,072,368

Based on 9 comparable sales

On Bank St

All 7 on Bank St →

45 Bank St
Lot 3·$862,300
49 Bank St
Lot 4·$561,500
55 Bank St
Lot 6·$3,300,200
55 Bank St
Lot 7·$2,295,400
69 Bank St
Lot 8·$909,100
Bank St
Lot 13·$434,400

Bordering

200-ft notice list →

21-29 Ann St
Lot 1·$2,158,000
31 Ann St
Lot 2·$346,400
49 Bank St
Lot 4·$561,500
55 Bank St
Lot 6·$3,300,200

Block 6003All of Block 6003 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "POBOX 1463 MORRISTOWN NJ 07962"
    ],
    "zipKeys": [
      "POBOX 1463 07962"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1424_6003_5",
  "county_code": "14",
  "district_code": "24",
  "block": "6003",
  "lot": "5",
  "qualifier": "",
  "property_location": "51 BANK ST",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "1S CB G1",
  "land_desc": "7151SF",
  "year_built": null,
  "living_sqft": 2743,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "52920000",
  "improvement_value_cents": "44140000",
  "net_value_cents": "97060000",
  "last_yr_tx_cents": "1631579",
  "deed_date": "2014-04-10",
  "deed_book": "22584",
  "deed_page": "949",
  "sale_price_cents": "1000",
  "sales_code": null,
  "owner_mailing_street": "POBOX 1463",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07962",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.164000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "101",
  "fac_name": null,
  "centroid_lon": -74.48357439550516,
  "centroid_lat": 40.795620503618835
}

SR1A

[
  {
    "id": "d988679c-dc55-4dad-9328-7f5fc949d80d",
    "property_id": "f7ffa12c-d293-4e94-a818-5125a4de52b9",
    "county_code": "14",
    "district_code": "24",
    "block": "6003",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22584",
    "deed_page": "949",
    "deed_date": "2014-04-10",
    "date_recorded": "2014-09-02",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "4eb18039-8a18-4edd-873b-170400f59738",
    "property_id": "f7ffa12c-d293-4e94-a818-5125a4de52b9",
    "county_code": "14",
    "district_code": "24",
    "block": "6003",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22584",
    "deed_page": "949",
    "deed_date": "2014-04-10",
    "date_recorded": "2014-04-10",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "2ca7a48d-a05b-44ad-9394-ee6945a1d483",
    "property_id": "f7ffa12c-d293-4e94-a818-5125a4de52b9",
    "county_code": "14",
    "district_code": "24",
    "block": "6003",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22447",
    "deed_page": "789",
    "deed_date": "2013-10-11",
    "date_recorded": "2013-10-31",
    "sale_price_cents": "72500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "44b81b16-b451-4728-afd9-5c4445317003",
    "property_id": "f7ffa12c-d293-4e94-a818-5125a4de52b9",
    "county_code": "14",
    "district_code": "24",
    "block": "6003",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22447",
    "deed_page": "789",
    "deed_date": "2013-10-11",
    "date_recorded": "2013-10-11",
    "sale_price_cents": "72500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d7f4fb45-925d-4c79-bed7-933a28d6eb13",
    "property_id": "f7ffa12c-d293-4e94-a818-5125a4de52b9",
    "county_code": "14",
    "district_code": "24",
    "block": "6003",
    "lot": "5",
    "qualifier": "",
    "deed_book": "20807",
    "deed_page": "1401",
    "deed_date": "2007-04-12",
    "date_recorded": "2007-05-01",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "98397cd4-f38b-43bd-830c-aeef5d9515e0",
    "property_id": "f7ffa12c-d293-4e94-a818-5125a4de52b9",
    "county_code": "14",
    "district_code": "24",
    "block": "6003",
    "lot": "5",
    "qualifier": "",
    "deed_book": "20807",
    "deed_page": "1401",
    "deed_date": "2007-04-12",
    "date_recorded": "2007-04-12",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 51 Bank St, Morristown, NJ last sold?: The most recent recorded sale was in 2014 for $10.
What is the assessed value of 51 Bank St, Morristown, NJ?: The total municipal assessment is $970,600 (land plus improvements).
What is 51 Bank St, Morristown, NJ worth?: Our model estimates a market value of $1,072,368, derived from comparable recorded sales nearby.
What kind of property is 51 Bank St, Morristown, NJ?: MOD-IV classifies it as Commercial (class 4A).

Address	Sold	Price
24 Pine St	11/3/2025	$800,000
11 Hill St	8/26/2025	$840,000
76 Mt Kemble Ave	7/11/2025	$760,000
28 DE Hart St	7/3/2025	$925,000
121 Washington St	3/5/2025	$850,000
114 Maple Ave	10/24/2024	$799,999
40 Park	10/22/2024	$15,650,000
99 Washington St	1/17/2024	$950,000
11-13 DE Hart St	1/16/2024	$30,250,000

Sales history

9/2/2014$10
taxrecords_njBk 22584 / Pg 949
4/10/2014$10
MOD-IV (Rutgers)Bk 22584 / Pg 949
10/31/2013$725,000
taxrecords_njBk 22447 / Pg 789
10/11/2013$725,000
MOD-IV (Rutgers)Bk 22447 / Pg 789
5/1/2007$1
taxrecords_njBk 20807 / Pg 1401
4/12/2007$1
MOD-IV (Rutgers)Bk 20807 / Pg 1401

Date	Price	Book / Page	Source
9/2/2014	$10	22584 / 949	taxrecords_nj
4/10/2014	$10	22584 / 949	MOD-IV (Rutgers)
10/31/2013	$725,000	22447 / 789	taxrecords_nj
10/11/2013	$725,000	22447 / 789	MOD-IV (Rutgers)
5/1/2007	$1	20807 / 1401	taxrecords_nj
4/12/2007	$1	20807 / 1401	MOD-IV (Rutgers)