When was 47 Madison St, Morristown, NJ last sold?

The most recent recorded sale was in 2024 for $1.

What is the assessed value of 47 Madison St, Morristown, NJ?

The total municipal assessment is $392,400 (land plus improvements).

What is 47 Madison St, Morristown, NJ worth?

Our model estimates a market value of $585,815, derived from comparable recorded sales nearby.

How many units does 47 Madison St, Morristown, NJ have?

Records show 1 dwelling unit at 47 Madison St, Morristown, NJ.

What kind of property is 47 Madison St, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1916.

parceldata.nj

Loading…

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

47 Madison St

Morristown, NJ 07960·Morris County

1424·block 7201·lot 5

$585,815estimated value

Last sale

2/25/2025 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1916

Building size

1,102 sq ft

Lot size

0.12 ac

Land description

5095SF

Building description

2S F 1FAM

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$392,400

Land value

$236,700

Improvement value

$155,700

Last year's tax

$6,180

Last MOD-IV sale

MOD-IV deed date

12/3/2024

Owner mailing address

47 MADISON ST
MORRISTOWN, NJ 07960

Estimated market value

$585,815

range $537,266 – $643,275

high confidence

Assessment-implied: $433,543; Director's Ratio 0.9051 (2025)
Comp-implied: $423,846; 18 comparable sales

Estimated value, last 11 years

2016: $382,764 → 2026: $585,815

dots are actual sale prices for this property

Bordering

200-ft notice list →

79 Macculloch Ave
Lot 2·$495,700
81 Macculloch Ave
Lot 3·$363,600
45 Madison St
Lot 4·$783,600
51 Madison St
Lot 6·$414,400

Block 7201All of Block 7201 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "47 MADISON ST MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "47 MADISON ST 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_7201_5",
  "county_code": "14",
  "district_code": "24",
  "block": "7201",
  "lot": "5",
  "qualifier": "",
  "property_location": "47 MADISON ST",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2S F 1FAM",
  "land_desc": "5095SF",
  "year_built": 1916,
  "living_sqft": 1102,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "23670000",
  "improvement_value_cents": "15570000",
  "net_value_cents": "39240000",
  "last_yr_tx_cents": "618030",
  "deed_date": "2024-12-03",
  "deed_book": "24882",
  "deed_page": "1884",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "47 MADISON ST",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.117000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.47902470737368,
  "centroid_lat": 40.79003985478776
}

SR1A

[
  {
    "id": "944d2435-9fee-4c46-9559-da34650498bb",
    "property_id": "128d6792-6ba0-42bc-bca2-3902ed8a1870",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "5",
    "qualifier": "",
    "deed_book": "24882",
    "deed_page": "1884",
    "deed_date": "2024-12-03",
    "date_recorded": "2025-02-25",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "bca113b8-db1f-4973-9994-1d86085a93fb",
    "property_id": null,
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "5",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2024-12-03",
    "date_recorded": "2025-02-25",
    "sale_price_cents": "100",
    "sr1a_year": 2025,
    "source": "sr1a"
  },
  {
    "id": "1512ba93-4a8b-4dc4-b232-388135ebf0f2",
    "property_id": "128d6792-6ba0-42bc-bca2-3902ed8a1870",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "5",
    "qualifier": "",
    "deed_book": "24881",
    "deed_page": "1210",
    "deed_date": "2025-02-20",
    "date_recorded": "2025-02-21",
    "sale_price_cents": "65000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "9b0b7471-d2a5-4e64-9b06-24ba7146dbdb",
    "property_id": null,
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "5",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2025-02-20",
    "date_recorded": "2025-02-21",
    "sale_price_cents": "65000000",
    "sr1a_year": 2025,
    "source": "sr1a"
  },
  {
    "id": "750c6c9a-f443-4213-8658-41072eb03e27",
    "property_id": "128d6792-6ba0-42bc-bca2-3902ed8a1870",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "5",
    "qualifier": "",
    "deed_book": "24882",
    "deed_page": "1884",
    "deed_date": "2024-12-03",
    "date_recorded": "2024-12-03",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj_owners"
  },
  {
    "id": "7ab85d0d-2db7-407b-be62-a4f1315201d8",
    "property_id": "128d6792-6ba0-42bc-bca2-3902ed8a1870",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "5",
    "qualifier": "",
    "deed_book": "23557",
    "deed_page": "47",
    "deed_date": "2019-05-10",
    "date_recorded": "2019-06-20",
    "sale_price_cents": "35700000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d7f012a2-d811-47bf-9366-3f4a72c8a8fc",
    "property_id": "128d6792-6ba0-42bc-bca2-3902ed8a1870",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "5",
    "qualifier": "",
    "deed_book": "23557",
    "deed_page": "47",
    "deed_date": "2019-05-10",
    "date_recorded": "2019-05-10",
    "sale_price_cents": "35700000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 47 Madison St, Morristown, NJ last sold?: The most recent recorded sale was in 2024 for $1.
What is the assessed value of 47 Madison St, Morristown, NJ?: The total municipal assessment is $392,400 (land plus improvements).
What is 47 Madison St, Morristown, NJ worth?: Our model estimates a market value of $585,815, derived from comparable recorded sales nearby.
How many units does 47 Madison St, Morristown, NJ have?: Records show 1 dwelling unit at 47 Madison St, Morristown, NJ.
What kind of property is 47 Madison St, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1916.

Address	Sold	Price
51 M L King & Garden St	9/30/2025	$625,000
45 Phoenix Ave	8/11/2025	$430,000
11 Wetmore Ave	5/16/2025	$260,000
11 Wetmore Ave	4/9/2025	$380,000
11D Wetmore Ave	4/9/2025	$380,000
18 King St	2/19/2025	$925,000
42 Phoenix Ave	2/14/2025	$510,000
28 Elliott St	2/13/2025	$565,000
75 Chestnut St	11/27/2024	$485,000
4 Wetmore Ave	10/23/2024	$675,000
99 Sussex Ave	10/7/2024	$474,000
61 Wetmore Ave	8/15/2024	$600,000
57 Walker Ave	8/13/2024	$525,557
57 Lake Rd	3/21/2024	$702,000
11 Wetmore Ave	1/8/2024	$390,000
11B Wetmore Ave	1/8/2024	$390,000
30 Sussex Ave	8/9/2023	$316,000
107 Mills St	5/31/2023	$425,000

Sales history

2/25/2025$1
taxrecords_njBk 24882 / Pg 1884
2/25/2025$1
SR1A 2025
2/21/2025$650,000
taxrecords_njBk 24881 / Pg 1210
2/21/2025$650,000
SR1A 2025
12/3/2024$1
taxrecords_nj_ownersBk 24882 / Pg 1884
6/20/2019$357,000
taxrecords_njBk 23557 / Pg 47
5/10/2019$357,000
MOD-IV (Rutgers)Bk 23557 / Pg 47

Date	Price	Book / Page	Source
2/25/2025	$1	24882 / 1884	taxrecords_nj
2/25/2025	$1	—	SR1A 2025
2/21/2025	$650,000	24881 / 1210	taxrecords_nj
2/21/2025	$650,000	—	SR1A 2025
12/3/2024	$1	24882 / 1884	taxrecords_nj_owners
6/20/2019	$357,000	23557 / 47	taxrecords_nj
5/10/2019	$357,000	23557 / 47	MOD-IV (Rutgers)