When was 5 South St, Morristown, NJ last sold?

The most recent recorded sale was in 2008 for $1,777,019.

What is the assessed value of 5 South St, Morristown, NJ?

The total municipal assessment is $4,185,500 (land plus improvements).

What is 5 South St, Morristown, NJ worth?

Our model estimates a market value of $4,624,351, derived from comparable recorded sales nearby.

What kind of property is 5 South St, Morristown, NJ?

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

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5 South St, Morristown, NJ — owner, sales, deeds · parceldata

5 South St

Morristown, NJ·Morris County

1424·block 6004·lot 3

$4,624,351estimated value

Last sale

$1,777,019

10/6/2008 · taxrecords_nj

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

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

—

Lot size

0.14 ac

Land description

45.50X136

Building description

2S B STR OFF

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$4,185,500

Land value

$880,000

Improvement value

$3,305,500

Last year's tax

$70,358

Last MOD-IV sale

$1,777,019

MOD-IV deed date

9/30/2008

Owner mailing address

9 ASHLAND TER
CHESTER, NJ 07930

Estimated market value

$4,624,351

range $3,930,698 – $5,318,004

moderate confidence

Assessment-implied: $4,624,351; Director's Ratio 0.9051 (2025)
Comparable sales: 17 (below threshold)

Estimated value, last 11 years

2016: $3,021,488 → 2026: $4,624,351

Based on 17 comparable sales

Address	Sold	Price
24 Pine St	11/3/2025	$800,000
11 Hill St	8/26/2025	$840,000

Bordering

200-ft notice list →

3 South St
Lot 2·$2,302,200
9 South St
Lot 4·$1,928,100

Block 6004All of Block 6004 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 10,
  "portfolioKeys": {
    "fullKeys": [
      "9 ASHLAND TER CHESTER NJ 07930"
    ],
    "zipKeys": [
      "9 ASHLAND TER 07930"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1424_6004_3",
  "county_code": "14",
  "district_code": "24",
  "block": "6004",
  "lot": "3",
  "qualifier": "",
  "property_location": "5 SOUTH ST",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "2S B STR OFF",
  "land_desc": "45.50X136",
  "year_built": null,
  "living_sqft": null,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "88000000",
  "improvement_value_cents": "330550000",
  "net_value_cents": "418550000",
  "last_yr_tx_cents": "7035826",
  "deed_date": "2008-09-30",
  "deed_book": "21166",
  "deed_page": "1698",
  "sale_price_cents": "177701900",
  "sales_code": null,
  "owner_mailing_street": "9 ASHLAND TER",
  "owner_mailing_city_state_zip": "CHESTER, NJ  07930",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.142100",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.48110225778372,
  "centroid_lat": 40.795876586277416
}

SR1A

[
  {
    "id": "bd76612f-1f06-47d0-92ef-9ae59f4dfb17",
    "property_id": "50705088-b60a-44d7-b19d-8774ed3ae745",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "3",
    "qualifier": "",
    "deed_book": "21166",
    "deed_page": "1698",
    "deed_date": "2008-09-30",
    "date_recorded": "2008-10-06",
    "sale_price_cents": "177701900",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "5d3382fc-886e-4ca7-9665-e0ac819882ac",
    "property_id": "50705088-b60a-44d7-b19d-8774ed3ae745",
    "county_code": "14",
    "district_code": "24",
    "block": "6004",
    "lot": "3",
    "qualifier": "",
    "deed_book": "21166",
    "deed_page": "1698",
    "deed_date": "2008-09-30",
    "date_recorded": "2008-09-30",
    "sale_price_cents": "177701900",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 5 South St, Morristown, NJ last sold?: The most recent recorded sale was in 2008 for $1,777,019.
What is the assessed value of 5 South St, Morristown, NJ?: The total municipal assessment is $4,185,500 (land plus improvements).
What is 5 South St, Morristown, NJ worth?: Our model estimates a market value of $4,624,351, derived from comparable recorded sales nearby.
What kind of property is 5 South St, Morristown, NJ?: MOD-IV classifies it as Commercial (class 4A).

Sales history

10/6/2008$1,777,019
taxrecords_njBk 21166 / Pg 1698
9/30/2008$1,777,019
MOD-IV (Rutgers)Bk 21166 / Pg 1698

Date	Price	Book / Page	Source
10/6/2008	$1,777,019	21166 / 1698	taxrecords_nj
9/30/2008	$1,777,019	21166 / 1698	MOD-IV (Rutgers)