When was 61 Madison St, Morristown, NJ last sold?

The most recent recorded sale was in 2021 for $263,000.

What is the assessed value of 61 Madison St, Morristown, NJ?

The total municipal assessment is $404,900 (land plus improvements).

What is 61 Madison St, Morristown, NJ worth?

Our model estimates a market value of $435,641, derived from comparable recorded sales nearby.

How many units does 61 Madison St, Morristown, NJ have?

Records show 1 dwelling unit at 61 Madison St, Morristown, NJ.

What kind of property is 61 Madison St, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1906.

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

61 Madison St

Morristown, NJ·Morris County

1424·block 7201·lot 10

$435,641estimated value

Last sale

$263,000

7/7/2021 · SR1A 2022

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1906

Building size

1,496 sq ft

Lot size

0.09 ac

Land description

26.5X147

Building description

2S F 1FAM

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$404,900

Land value

$233,900

Improvement value

$171,000

Last year's tax

$6,377

Last MOD-IV sale

$263,000

MOD-IV deed date

4/21/2021

Owner mailing address

2 MILLIE LN
EAST HANOVER NJ 07936

Estimated market value

$435,641

range $383,867 – $516,564

high confidence

Assessment-implied: $447,354; Director's Ratio 0.9051 (2025)
Comp-implied: $573,494; 27 comparable sales

Estimated value, last 11 years

2016: $286,377 → 2026: $435,641

dots are actual sale prices for this property

Based on 27 comparable sales

On Madison St

All 45 on Madison St →

50 Madison St
Lot 26·$466,100
51 Madison St
Lot 6·$414,400
52 Madison St
Lot 25·$380,900
53 Madison St
Lot 7·$543,600
54 Madison St
Lot 23·$556,800
55 Madison St
Lot 8·$399,700

Bordering

200-ft notice list →

69 Macculloch Av
Lot 1·$1,822,100
63 Madison St
Lot 11·$506,700
59 Madison St
Lot 9
59 Madison St
Lot 9.01·$289,400
57 Madison St
Lot 9.02·$319,200
59 Madison St
Lot 9.03·$279,000
57 Madison St
Lot 9.04·$287,600

Block 7201All of Block 7201 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 1,
  "portfolioKeys": {
    "fullKeys": [
      "2 MILLIE LN E HANOVER NJ 07936"
    ],
    "zipKeys": [
      "2 MILLIE LN 07936"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_7201_10",
  "county_code": "14",
  "district_code": "24",
  "block": "7201",
  "lot": "10",
  "qualifier": "",
  "property_location": "61 MADISON ST",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2S F 1FAM",
  "land_desc": "26.5X147",
  "year_built": 1906,
  "living_sqft": 1496,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "23390000",
  "improvement_value_cents": "17100000",
  "net_value_cents": "40490000",
  "last_yr_tx_cents": "637718",
  "deed_date": "2021-04-21",
  "deed_book": "24167",
  "deed_page": "1760",
  "sale_price_cents": "26300000",
  "sales_code": null,
  "owner_mailing_street": "2 MILLIE LN",
  "owner_mailing_city_state_zip": "EAST HANOVER  NJ  07936",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.089000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.47942193493257,
  "centroid_lat": 40.78972588750807
}

SR1A

[
  {
    "id": "54f989e6-728d-4f85-820a-56546488b922",
    "property_id": null,
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "10",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-04-21",
    "date_recorded": "2021-07-07",
    "sale_price_cents": "26300000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "571f7757-8520-4675-b1d7-1214bd1066f4",
    "property_id": "137dbb3d-c52b-4c83-ab22-9686b066c5ca",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "10",
    "qualifier": "",
    "deed_book": "24167",
    "deed_page": "1760",
    "deed_date": "2021-04-21",
    "date_recorded": "2021-07-07",
    "sale_price_cents": "26300000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "e067f0ae-46f0-448a-b77c-a6e15b10175e",
    "property_id": "137dbb3d-c52b-4c83-ab22-9686b066c5ca",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "10",
    "qualifier": "",
    "deed_book": "24167",
    "deed_page": "1760",
    "deed_date": "2021-04-21",
    "date_recorded": "2021-04-21",
    "sale_price_cents": "26300000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "630c1c7a-6cfa-4ebc-8dd1-5fdcb5750fe5",
    "property_id": "137dbb3d-c52b-4c83-ab22-9686b066c5ca",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "10",
    "qualifier": "",
    "deed_book": "4198",
    "deed_page": "188",
    "deed_date": "1995-06-08",
    "date_recorded": "1995-06-13",
    "sale_price_cents": "8000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "0d748f98-9276-4714-aed4-e2fbc948a68e",
    "property_id": "137dbb3d-c52b-4c83-ab22-9686b066c5ca",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "10",
    "qualifier": "",
    "deed_book": "4198",
    "deed_page": "188",
    "deed_date": "1995-06-08",
    "date_recorded": "1995-06-08",
    "sale_price_cents": "8000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "59657c4c-1e81-4fb3-9965-f370a0f07d35",
    "property_id": "137dbb3d-c52b-4c83-ab22-9686b066c5ca",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "10",
    "qualifier": "",
    "deed_book": "2671",
    "deed_page": "213",
    "deed_date": "1983-05-12",
    "date_recorded": "1983-05-12",
    "sale_price_cents": "2800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 61 Madison St, Morristown, NJ last sold?: The most recent recorded sale was in 2021 for $263,000.
What is the assessed value of 61 Madison St, Morristown, NJ?: The total municipal assessment is $404,900 (land plus improvements).
What is 61 Madison St, Morristown, NJ worth?: Our model estimates a market value of $435,641, derived from comparable recorded sales nearby.
How many units does 61 Madison St, Morristown, NJ have?: Records show 1 dwelling unit at 61 Madison St, Morristown, NJ.
What kind of property is 61 Madison St, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1906.

Address	Sold	Price
6.5 Bellevue Ter	3/10/2026	$375,000
19 Colonial Rd	12/5/2025	$579,900
2 Liberty St	9/5/2025	$685,000
35 Harrison St	9/5/2025	$669,500
45 Phoenix Ave	8/11/2025	$430,000
117 Early St	5/28/2025	$755,000
11 Lakeside Pl	5/22/2025	$600,000
113 Maple Ave	5/21/2025	$700,000
58 Phoenix Ave	3/3/2025	$493,000
47 Madison St	2/21/2025	$650,000
49 Lake Rd	1/22/2025	$455,000
9 Orchard St	12/27/2024	$585,000
4 Wetmore Ave	10/23/2024	$675,000
15 Jardine Rd	9/12/2024	$522,000
61 Wetmore Ave	8/15/2024	$600,000
57 Walker Ave	8/13/2024	$525,557
28 Harrison St	8/8/2024	$689,900
59 Walker Ave	7/15/2024	$600,000
12 Thompson St	5/6/2024	$542,225
114 Early St	4/9/2024	$675,000
79 Abbett Ave	12/29/2023	$411,000
2 Liberty St	12/11/2023	$545,000
9 Altamont CT	10/3/2023	$585,000
26 Prospect St	9/28/2023	$370,000
15 Cherry St	9/12/2023	$705,000
26 Grant St	8/7/2023	$505,000
9 Henry St	6/21/2023	$320,000

Sales history

7/7/2021$263,000
SR1A 2022
7/7/2021$263,000
taxrecords_njBk 24167 / Pg 1760
4/21/2021$263,000
MOD-IV (Rutgers)Bk 24167 / Pg 1760
6/13/1995$80,000
taxrecords_njBk 4198 / Pg 188
6/8/1995$80,000
MOD-IV (Rutgers)Bk 4198 / Pg 188
5/12/1983$28,000
MOD-IV (Rutgers)Bk 2671 / Pg 213

Date	Price	Book / Page	Source
7/7/2021	$263,000	—	SR1A 2022
7/7/2021	$263,000	24167 / 1760	taxrecords_nj
4/21/2021	$263,000	24167 / 1760	MOD-IV (Rutgers)
6/13/1995	$80,000	4198 / 188	taxrecords_nj
6/8/1995	$80,000	4198 / 188	MOD-IV (Rutgers)
5/12/1983	$28,000	2671 / 213	MOD-IV (Rutgers)