When was 40 Park #413, Morristown, NJ last sold?

The most recent recorded sale was in 2022 for $990,000.

What is the assessed value of 40 Park #413, Morristown, NJ?

The total municipal assessment is $997,900 (land plus improvements).

What is 40 Park #413, Morristown, NJ worth?

Our model estimates a market value of $1,081,996, derived from comparable recorded sales nearby.

How many units does 40 Park #413, Morristown, NJ have?

Records show 1 dwelling unit at 40 Park #413, Morristown, NJ.

What kind of property is 40 Park #413, Morristown, NJ?

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

parceldata.nj

Loading…

40 Park #413, Morristown, NJ — owner, sales, deeds · parceldata

40 Park #413

Morristown, NJ·Morris County

1424·block 6004·lot 1.413

$1,081,996estimated value

Last sale

$990,000

4/19/2022 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2010

Building size

1,681 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

$997,900

Land value

$437,500

Improvement value

$560,400

Last year's tax

$15,717

Last MOD-IV sale

$990,000

MOD-IV deed date

3/4/2022

Owner mailing address

40 W PARK PL UNIT#413
MORRISTOWN, NJ 07960

Estimated market value

$1,081,996

range $883,526 – $1,259,563

high confidence

Assessment-implied: $1,102,530; Director's Ratio 0.9051 (2025)
Comp-implied: $1,016,360; 29 comparable sales

Estimated value, last 11 years

2016: $711,272 → 2026: $1,081,996

dots are actual sale prices for this property

Based on 29 comparable sales

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·$1,416,400

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 UNIT 413 MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "40 W PARK PL UNIT 413 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_6004_1.413",
  "county_code": "14",
  "district_code": "24",
  "block": "6004",
  "lot": "1.413",
  "qualifier": "",
  "property_location": "40 PARK #413",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "CONDO",
  "land_desc": "2.49 ACRES",
  "year_built": 2010,
  "living_sqft": 1681,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "43750000",
  "improvement_value_cents": "56040000",
  "net_value_cents": "99790000",
  "last_yr_tx_cents": "1571693",
  "deed_date": "2022-03-04",
  "deed_book": "24388",
  "deed_page": "24",
  "sale_price_cents": "99000000",
  "sales_code": null,
  "owner_mailing_street": "40 W PARK PL UNIT#413",
  "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": "59e8d82e-9346-446f-8a46-05f43716403a",
    "property_id": "b20f190c-7ca5-42aa-b28c-5cfcbadc09a5",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "1.413",
    "qualifier": "",
    "deed_book": "24388",
    "deed_page": "24",
    "deed_date": "2022-03-04",
    "date_recorded": "2022-04-19",
    "sale_price_cents": "99000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "565757c4-7208-4510-a5ce-7324edf441f3",
    "property_id": "b20f190c-7ca5-42aa-b28c-5cfcbadc09a5",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "1.413",
    "qualifier": "",
    "deed_book": "24388",
    "deed_page": "24",
    "deed_date": "2022-03-04",
    "date_recorded": "2022-03-04",
    "sale_price_cents": "99000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "26b327e2-6b66-4e24-a061-b4144043a9a1",
    "property_id": "b20f190c-7ca5-42aa-b28c-5cfcbadc09a5",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "1.413",
    "qualifier": "",
    "deed_book": "22799",
    "deed_page": "434",
    "deed_date": "2015-10-09",
    "date_recorded": "2015-10-19",
    "sale_price_cents": "10000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "c1f8807f-3c34-47e3-aac1-c35adc803d1c",
    "property_id": "b20f190c-7ca5-42aa-b28c-5cfcbadc09a5",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "1.413",
    "qualifier": "",
    "deed_book": "22799",
    "deed_page": "434",
    "deed_date": "2015-10-09",
    "date_recorded": "2015-10-09",
    "sale_price_cents": "10000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7593f009-e524-4ad8-9419-617dbbbcb872",
    "property_id": "b20f190c-7ca5-42aa-b28c-5cfcbadc09a5",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "1.413",
    "qualifier": "",
    "deed_book": "21842",
    "deed_page": "93",
    "deed_date": "2011-07-25",
    "date_recorded": "2011-08-09",
    "sale_price_cents": "80900000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "38312b6d-715a-45b7-b216-ea83b959b161",
    "property_id": "b20f190c-7ca5-42aa-b28c-5cfcbadc09a5",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "1.413",
    "qualifier": "",
    "deed_book": "21842",
    "deed_page": "93",
    "deed_date": "2011-07-25",
    "date_recorded": "2011-07-25",
    "sale_price_cents": "80900000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 40 Park #413, Morristown, NJ last sold?: The most recent recorded sale was in 2022 for $990,000.
What is the assessed value of 40 Park #413, Morristown, NJ?: The total municipal assessment is $997,900 (land plus improvements).
What is 40 Park #413, Morristown, NJ worth?: Our model estimates a market value of $1,081,996, derived from comparable recorded sales nearby.
How many units does 40 Park #413, Morristown, NJ have?: Records show 1 dwelling unit at 40 Park #413, Morristown, NJ.
What kind of property is 40 Park #413, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2010.

Address	Sold	Price
51 Mt Kemble Ave.#405	1/23/2026	$630,000
41 Mt Kemble Ave.#402	12/11/2025	$500,000
110 South St #102	10/28/2025	$1,600,000
33 Twombly CT	9/19/2025	$645,000
41 Mt Kemble Ave.#404	8/4/2025	$550,000
110 South St #111	7/2/2025	$1,650,000
22 Franklin Pl. 3D	5/13/2025	$922,250
40 Park #415	5/7/2025	$812,000
40 Park #511	4/26/2025	$1,070,000
13 Franklin Pl	4/24/2025	$889,000
22 Franklin Pl 3-B	3/24/2025	$805,000
40 Park #302	3/10/2025	$865,000
40 Park #411	1/27/2025	$1,040,000
22 Franklin Pl #2a	1/27/2025	$857,582
13 Franklin Pl	12/20/2024	$731,500
13 Franklin Pl	12/12/2024	$852,777
13 Franklin Pl	5/24/2024	$800,000
51 Mt Kemble Ave.#402	5/21/2024	$625,000
40 Park #305	3/1/2024	$827,500
61 Mt Kemble Ave.#502	2/2/2024	$575,000
61 Mt Kemble Ave.#302	1/23/2024	$480,000
22 Franklin Pl	12/1/2023	$612,500
26 Twombly CT	11/20/2023	$625,000
40 Park #604	10/16/2023	$1,200,000
40 Park #205	10/5/2023	$800,000
110 South St #101	8/22/2023	$747,500
51 Mt Kemble Ave.#303	6/8/2023	$575,000
61 Mt Kemble Ave.#304	6/6/2023	$555,000
22 Franklin Pl. 3D	5/31/2023	$680,000

Sales history

4/19/2022$990,000
taxrecords_njBk 24388 / Pg 24
3/4/2022$990,000
MOD-IV (Rutgers)Bk 24388 / Pg 24
10/19/2015$100
taxrecords_njBk 22799 / Pg 434
10/9/2015$100
MOD-IV (Rutgers)Bk 22799 / Pg 434
8/9/2011$809,000
taxrecords_njBk 21842 / Pg 93
7/25/2011$809,000
MOD-IV (Rutgers)Bk 21842 / Pg 93

Date	Price	Book / Page	Source
4/19/2022	$990,000	24388 / 24	taxrecords_nj
3/4/2022	$990,000	24388 / 24	MOD-IV (Rutgers)
10/19/2015	$100	22799 / 434	taxrecords_nj
10/9/2015	$100	22799 / 434	MOD-IV (Rutgers)
8/9/2011	$809,000	21842 / 93	taxrecords_nj
7/25/2011	$809,000	21842 / 93	MOD-IV (Rutgers)