When was 40 Park, Morristown, NJ last sold?

The most recent recorded sale was in 2010 for $1,409,900.

What is the assessed value of 40 Park, Morristown, NJ?

The total municipal assessment is $1,482,900 (land plus improvements).

What is 40 Park, Morristown, NJ worth?

Our model estimates a market value of $1,900,819, derived from comparable recorded sales nearby.

How many units does 40 Park, Morristown, NJ have?

Records show 1 dwelling unit at 40 Park, Morristown, NJ.

What kind of property is 40 Park, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2010.

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40 Park, Morristown, NJ — owner, sales, deeds · parceldata

40 Park

Morristown, NJ·Morris County

1424·block 6004·lot 1.309

$1,900,819estimated value

Last sale

$1,409,900

7/20/2011 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2010

Building size

2,492 sq ft

Lot size

2.49 ac

Land description

2.49 ACRES

Building description

CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,482,900

Land value

$612,500

Improvement value

$870,400

Last year's tax

$23,356

Last MOD-IV sale

$1,409,900

MOD-IV deed date

5/27/2010

Owner mailing address

40 W PARK PL #309
MORRISTOWN, NJ 07960

Estimated market value

$1,900,819

range $1,810,455 – $2,027,114

moderate confidence

Assessment-implied: $1,638,383; Director's Ratio 0.9051 (2025)
Comp-implied: $1,988,298; 14 comparable sales

Estimated value, last 11 years

2016: $1,249,542 → 2026: $1,900,819

Based on 14 comparable sales

Address	Sold	Price
2 Twombly CT	1/23/2026	$745,000
110 South St #102	10/28/2025

On ParkAll 85 on Park →

Bordering

200-ft notice list →

40 Park
Lot 1
40 Park
Lot 1.01·$1,330,000
40 Park
Lot 1.02·$1,586,900
40 Park
Lot 1.03·$6,100,000
40 Park
Lot 1.04·$1,374,900
40 Park
Lot 1.05·$865,300
40 Park
Lot 1.06·

Block 6004All of Block 6004 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "40 W PARK PL 309 MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "40 W PARK PL 309 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_6004_1.309",
  "county_code": "14",
  "district_code": "24",
  "block": "6004",
  "lot": "1.309",
  "qualifier": "",
  "property_location": "40 PARK #309",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "CONDO",
  "land_desc": "2.49 ACRES",
  "year_built": 2010,
  "living_sqft": 2492,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "61250000",
  "improvement_value_cents": "87040000",
  "net_value_cents": "148290000",
  "last_yr_tx_cents": "2335568",
  "deed_date": "2010-05-27",
  "deed_book": "21828",
  "deed_page": "1553",
  "sale_price_cents": "140990000",
  "sales_code": null,
  "owner_mailing_street": "40 W PARK PL #309",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "2.490000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.48151091647881,
  "centroid_lat": 40.79622577102393
}

SR1A

[
  {
    "id": "cb507976-eb07-421b-b35f-6f792e1da4ce",
    "property_id": "a7bf1229-d970-4bbf-895d-effe6cb194c6",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "1.309",
    "qualifier": "",
    "deed_book": "21828",
    "deed_page": "1553",
    "deed_date": "2010-05-27",
    "date_recorded": "2011-07-20",
    "sale_price_cents": "140990000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "a5a5734e-c5a2-4498-b99d-e18222987a7a",
    "property_id": "a7bf1229-d970-4bbf-895d-effe6cb194c6",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "1.309",
    "qualifier": "",
    "deed_book": "21828",
    "deed_page": "1553",
    "deed_date": "2010-05-27",
    "date_recorded": "2010-05-27",
    "sale_price_cents": "140990000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 40 Park, Morristown, NJ last sold?: The most recent recorded sale was in 2010 for $1,409,900.
What is the assessed value of 40 Park, Morristown, NJ?: The total municipal assessment is $1,482,900 (land plus improvements).
What is 40 Park, Morristown, NJ worth?: Our model estimates a market value of $1,900,819, derived from comparable recorded sales nearby.
How many units does 40 Park, Morristown, NJ have?: Records show 1 dwelling unit at 40 Park, Morristown, NJ.
What kind of property is 40 Park, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2010.

Sales history

7/20/2011$1,409,900
taxrecords_njBk 21828 / Pg 1553
5/27/2010$1,409,900
MOD-IV (Rutgers)Bk 21828 / Pg 1553

Date	Price	Book / Page	Source
7/20/2011	$1,409,900	21828 / 1553	taxrecords_nj
5/27/2010	$1,409,900	21828 / 1553	MOD-IV (Rutgers)