When was 95 Madison Ave, Morristown, NJ last sold?

The most recent recorded sale was in 2023 for $62,210,000.

What is the assessed value of 95 Madison Ave, Morristown, NJ?

The total municipal assessment is $35,128,400 (land plus improvements).

What is 95 Madison Ave, Morristown, NJ worth?

Our model estimates a market value of $60,974,939, derived from comparable recorded sales nearby.

What kind of property is 95 Madison Ave, Morristown, NJ?

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

parceldata.nj

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95 Madison Ave, Morristown, NJ — owner, sales, deeds · parceldata

95 Madison Ave

Morristown, NJ·Morris County

1424·block 6601·lot 1

$60,974,939estimated value

Last sale

$62,210,000

8/18/2023 · SR1A 2024

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

Property

Type

Commercial

Tax class

Commercial

Year built

Building size

—

Lot size

5.75 ac

Land description

6.56 ACRES

Building description

6S OFFICE

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$35,128,400

Land value

$7,187,500

Improvement value

$27,940,900

Last year's tax

$590,508

Last MOD-IV sale

$62,210,000

MOD-IV deed date

8/3/2023

Owner mailing address

475 SOUTH ST
MORRISTOWN, NJ 07962

Estimated market value

$60,974,939

range $55,282,314 – $66,667,565

high confidence

Assessment-implied: $38,811,623; Director's Ratio 0.9051 (2025)
Comparable sales: 1 (below threshold)

Estimated value, last 11 years

2016: $39,840,199 → 2026: $60,974,939

dots are actual sale prices for this property

Bordering

200-ft notice list →

320 South
Lot 2·$48,957,500
Dorado Dr
Lot 2
75 Madison Ave
Lot 2·$24,946,300
65 Madison Ave
Lot 3·$13,227,500
101 Madison Ave
Lot 4·$7,299,100

Block 6601All of Block 6601 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 7,
  "portfolioKeys": {
    "fullKeys": [
      "475 S ST MORRISTOWN NJ 07962"
    ],
    "zipKeys": [
      "475 S ST 07962"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1424_6601_1",
  "county_code": "14",
  "district_code": "24",
  "block": "6601",
  "lot": "1",
  "qualifier": "",
  "property_location": "95 MADISON AVE",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "6S OFFICE",
  "land_desc": "6.56 ACRES",
  "year_built": 0,
  "living_sqft": null,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "718750000",
  "improvement_value_cents": "2794090000",
  "net_value_cents": "3512840000",
  "last_yr_tx_cents": "59050840",
  "deed_date": "2023-08-03",
  "deed_book": "24643",
  "deed_page": "799",
  "sale_price_cents": "6221000000",
  "sales_code": null,
  "owner_mailing_street": "475 SOUTH ST",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07962",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "5.750000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "101",
  "fac_name": null,
  "centroid_lon": -74.46494465560734,
  "centroid_lat": 40.786771790269675
}

SR1A

[
  {
    "id": "2648cd87-c285-42a0-a235-5383977f8d2c",
    "property_id": null,
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2023-08-03",
    "date_recorded": "2023-08-18",
    "sale_price_cents": "6221000000",
    "sr1a_year": 2024,
    "source": "sr1a"
  },
  {
    "id": "df74350f-761a-424b-ae1d-a141ad8fbea5",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "24643",
    "deed_page": "799",
    "deed_date": "2023-08-03",
    "date_recorded": "2023-08-18",
    "sale_price_cents": "6221000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "3b0744e0-0233-40b0-b14a-8dda287340dc",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "24643",
    "deed_page": "799",
    "deed_date": "2023-08-03",
    "date_recorded": "2023-08-03",
    "sale_price_cents": "6221000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "3509df90-2fd4-4aac-9c99-0a49daa84c6e",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "22659",
    "deed_page": "59",
    "deed_date": "2015-01-13",
    "date_recorded": "2015-02-05",
    "sale_price_cents": "3300000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "7a9ea8b2-6a23-46f5-8794-56f34b4c64b2",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
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    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "22659",
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    "deed_date": "2015-01-13",
    "date_recorded": "2015-01-13",
    "sale_price_cents": "3300000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "30b2ea17-04b1-43a1-a048-81f0ce541ae2",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "6039",
    "deed_page": "252",
    "deed_date": "2004-02-23",
    "date_recorded": "2004-03-23",
    "sale_price_cents": "2500000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "335149d5-adf3-424e-a21f-7d62b99af4b5",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "6039",
    "deed_page": "252",
    "deed_date": "2004-02-23",
    "date_recorded": "2004-02-23",
    "sale_price_cents": "2500000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "be4ffb12-1458-45ca-af8a-fd511dfd4e64",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "5237",
    "deed_page": "110",
    "deed_date": "2000-08-22",
    "date_recorded": "2000-08-25",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "736f59ef-9f64-4b2f-9b1d-31097dee5f85",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "5237",
    "deed_page": "110",
    "deed_date": "2000-08-22",
    "date_recorded": "2000-08-22",
    "sale_price_cents": "1000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "14a4e318-287a-450b-b573-8b372fb0b9a6",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "4702",
    "deed_page": "168",
    "deed_date": "1998-01-12",
    "date_recorded": "1998-01-14",
    "sale_price_cents": "1950000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d8c95cb7-ec57-42be-8950-546398dc0761",
    "property_id": "97ee9a0e-2e32-4064-8cff-df9f29213c7f",
    "county_code": "14",
    "district_code": "24",
    "block": "6601",
    "lot": "1",
    "qualifier": "",
    "deed_book": "4702",
    "deed_page": "168",
    "deed_date": "1998-01-12",
    "date_recorded": "1998-01-12",
    "sale_price_cents": "1950000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 95 Madison Ave, Morristown, NJ last sold?: The most recent recorded sale was in 2023 for $62,210,000.
What is the assessed value of 95 Madison Ave, Morristown, NJ?: The total municipal assessment is $35,128,400 (land plus improvements).
What is 95 Madison Ave, Morristown, NJ worth?: Our model estimates a market value of $60,974,939, derived from comparable recorded sales nearby.
What kind of property is 95 Madison Ave, Morristown, NJ?: MOD-IV classifies it as Commercial (class 4A).

Address	Sold	Price
161 Madison Ave	6/14/2023	$21,500,000

Sales history

8/18/2023$62,210,000
SR1A 2024
8/18/2023$62,210,000
taxrecords_njBk 24643 / Pg 799
8/3/2023$62,210,000
MOD-IV (Rutgers)Bk 24643 / Pg 799
2/5/2015$33,000,000
taxrecords_njBk 22659 / Pg 59
1/13/2015$33,000,000
MOD-IV (Rutgers)Bk 22659 / Pg 59
3/23/2004$25,000,000
taxrecords_njBk 6039 / Pg 252
2/23/2004$25,000,000
MOD-IV (Rutgers)Bk 6039 / Pg 252
8/25/2000$10
taxrecords_njBk 5237 / Pg 110
8/22/2000$10
MOD-IV (Rutgers)Bk 5237 / Pg 110
1/14/1998$19,500,000
taxrecords_njBk 4702 / Pg 168
1/12/1998$19,500,000
MOD-IV (Rutgers)Bk 4702 / Pg 168

Date	Price	Book / Page	Source
8/18/2023	$62,210,000	—	SR1A 2024
8/18/2023	$62,210,000	24643 / 799	taxrecords_nj
8/3/2023	$62,210,000	24643 / 799	MOD-IV (Rutgers)
2/5/2015	$33,000,000	22659 / 59	taxrecords_nj
1/13/2015	$33,000,000	22659 / 59	MOD-IV (Rutgers)
3/23/2004	$25,000,000	6039 / 252	taxrecords_nj
2/23/2004	$25,000,000	6039 / 252	MOD-IV (Rutgers)
8/25/2000	$10	5237 / 110	taxrecords_nj
8/22/2000	$10	5237 / 110	MOD-IV (Rutgers)