When was 42 Madison St, Morristown, NJ last sold?

The most recent recorded sale was in 2022 for $395,000.

What is the assessed value of 42 Madison St, Morristown, NJ?

The total municipal assessment is $449,100 (land plus improvements).

What is 42 Madison St, Morristown, NJ worth?

Our model estimates a market value of $479,933, derived from comparable recorded sales nearby.

How many units does 42 Madison St, Morristown, NJ have?

Records show 1 dwelling unit at 42 Madison St, Morristown, NJ.

What kind of property is 42 Madison St, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1880.

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42 Madison St, Morristown, NJ — owner, sales, deeds · parceldata

42 Madison St

Morristown, NJ·Morris County

1424·block 6203·lot 3

$479,933estimated value

Last sale

$395,000

2/15/2022 · taxrecords_nj

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

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1880

Building size

1,492 sq ft

Lot size

0.05 ac

Land description

31X70

Building description

2S F 1FAM

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$449,100

Land value

$230,000

Improvement value

$219,100

Last year's tax

$7,073

Last MOD-IV sale

$395,000

MOD-IV deed date

1/13/2022

Owner mailing address

8 RICHLYN CT
MORRISTOWN, NJ 07960

Estimated market value

$479,933

range $434,330 – $525,535

high confidence

Assessment-implied: $496,188; Director's Ratio 0.9051 (2025)
Comp-implied: $627,644; 3 comparable sales

Estimated value, last 11 years

2016: $313,582 → 2026: $479,933

dots are actual sale prices for this property

Bordering

200-ft notice list →

44 Madison St
Lot 2·$817,400
38 Madison St
Lot 4·$488,600

Block 6203All of Block 6203 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 9,
  "portfolioKeys": {
    "fullKeys": [
      "8 RICHLYN CT MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "8 RICHLYN CT 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_6203_3",
  "county_code": "14",
  "district_code": "24",
  "block": "6203",
  "lot": "3",
  "qualifier": "",
  "property_location": "42 MADISON ST",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2S F 1FAM",
  "land_desc": "31X70",
  "year_built": 1880,
  "living_sqft": 1492,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "23000000",
  "improvement_value_cents": "21910000",
  "net_value_cents": "44910000",
  "last_yr_tx_cents": "707333",
  "deed_date": "2022-01-13",
  "deed_book": "24346",
  "deed_page": "631",
  "sale_price_cents": "39500000",
  "sales_code": null,
  "owner_mailing_street": "8 RICHLYN CT",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.050000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.47830416234778,
  "centroid_lat": 40.79021537357065
}

SR1A

[
  {
    "id": "a55ed0bb-9e68-48cb-b775-7e1dc12a6e9b",
    "property_id": "84601db4-d6e4-46d4-98df-a6be339ae9da",
    "county_code": "14",
    "district_code": "24",
    "block": "6203",
    "lot": "3",
    "qualifier": "",
    "deed_book": "24346",
    "deed_page": "631",
    "deed_date": "2022-01-13",
    "date_recorded": "2022-02-15",
    "sale_price_cents": "39500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "35b54121-3372-4fc9-9ccb-5e9c0e6b6dd4",
    "property_id": null,
    "county_code": "14",
    "district_code": "24",
    "block": "6203",
    "lot": "3",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2022-01-13",
    "date_recorded": "2022-02-15",
    "sale_price_cents": "39500000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "1c64df2e-d16b-4307-b2d1-3f3b338d0851",
    "property_id": "84601db4-d6e4-46d4-98df-a6be339ae9da",
    "county_code": "14",
    "district_code": "24",
    "block": "6203",
    "lot": "3",
    "qualifier": "",
    "deed_book": "24346",
    "deed_page": "631",
    "deed_date": "2022-01-13",
    "date_recorded": "2022-01-13",
    "sale_price_cents": "39500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "e500634f-3a01-4474-8486-dd9366b08a68",
    "property_id": "84601db4-d6e4-46d4-98df-a6be339ae9da",
    "county_code": "14",
    "district_code": "24",
    "block": "6203",
    "lot": "3",
    "qualifier": "",
    "deed_book": "22501",
    "deed_page": "406",
    "deed_date": "2014-02-04",
    "date_recorded": "2014-03-05",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "c43ba5e4-d2f9-4ce6-b7d9-9b00902f31c1",
    "property_id": "84601db4-d6e4-46d4-98df-a6be339ae9da",
    "county_code": "14",
    "district_code": "24",
    "block": "6203",
    "lot": "3",
    "qualifier": "",
    "deed_book": "22501",
    "deed_page": "406",
    "deed_date": "2014-02-04",
    "date_recorded": "2014-02-04",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "5080f90e-f1ba-429c-885b-266cb1563438",
    "property_id": "84601db4-d6e4-46d4-98df-a6be339ae9da",
    "county_code": "14",
    "district_code": "24",
    "block": "6203",
    "lot": "3",
    "qualifier": "",
    "deed_book": "3933",
    "deed_page": "152",
    "deed_date": "1994-02-16",
    "date_recorded": "1994-03-01",
    "sale_price_cents": "9000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "5da0f2cf-ffaa-4f58-a5b4-2349c92713d9",
    "property_id": "84601db4-d6e4-46d4-98df-a6be339ae9da",
    "county_code": "14",
    "district_code": "24",
    "block": "6203",
    "lot": "3",
    "qualifier": "",
    "deed_book": "3933",
    "deed_page": "152",
    "deed_date": "1994-02-16",
    "date_recorded": "1994-02-16",
    "sale_price_cents": "9000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 42 Madison St, Morristown, NJ last sold?: The most recent recorded sale was in 2022 for $395,000.
What is the assessed value of 42 Madison St, Morristown, NJ?: The total municipal assessment is $449,100 (land plus improvements).
What is 42 Madison St, Morristown, NJ worth?: Our model estimates a market value of $479,933, derived from comparable recorded sales nearby.
How many units does 42 Madison St, Morristown, NJ have?: Records show 1 dwelling unit at 42 Madison St, Morristown, NJ.
What kind of property is 42 Madison St, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1880.

Address	Sold	Price
50 Madison St	11/6/2025	$525,000
11 Lakeside Pl	5/22/2025	$600,000
9 Henry St	6/21/2023	$320,000

Sales history

2/15/2022$395,000
taxrecords_njBk 24346 / Pg 631
2/15/2022$395,000
SR1A 2022
1/13/2022$395,000
MOD-IV (Rutgers)Bk 24346 / Pg 631
3/5/2014$1
taxrecords_njBk 22501 / Pg 406
2/4/2014$1
MOD-IV (Rutgers)Bk 22501 / Pg 406
3/1/1994$90,000
taxrecords_njBk 3933 / Pg 152
2/16/1994$90,000
MOD-IV (Rutgers)Bk 3933 / Pg 152

Date	Price	Book / Page	Source
2/15/2022	$395,000	24346 / 631	taxrecords_nj
2/15/2022	$395,000	—	SR1A 2022
1/13/2022	$395,000	24346 / 631	MOD-IV (Rutgers)
3/5/2014	$1	22501 / 406	taxrecords_nj
2/4/2014	$1	22501 / 406	MOD-IV (Rutgers)
3/1/1994	$90,000	3933 / 152	taxrecords_nj
2/16/1994	$90,000	3933 / 152	MOD-IV (Rutgers)