When was 51 Madison St, Morristown, NJ last sold?

The most recent recorded sale was in 2000 for $230,000.

What is the assessed value of 51 Madison St, Morristown, NJ?

The total municipal assessment is $414,400 (land plus improvements).

What is 51 Madison St, Morristown, NJ worth?

Our model estimates a market value of $516,960, derived from comparable recorded sales nearby.

How many units does 51 Madison St, Morristown, NJ have?

Records show 1 dwelling unit at 51 Madison St, Morristown, NJ.

What kind of property is 51 Madison St, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1900.

parceldata.nj

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

51 Madison St

Morristown, NJ·Morris County

1424·block 7201·lot 6

$516,960estimated value

Last sale

$230,000

11/13/2000 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1900

Building size

1,232 sq ft

Lot size

0.07 ac

Land description

30X103

Building description

2S F 1FAM

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$414,400

Land value

$232,100

Improvement value

$182,300

Last year's tax

$6,527

Last MOD-IV sale

$230,000

MOD-IV deed date

10/26/2000

Owner mailing address

1206 BROOK HOLLOW RD
WHIPPANY NJ 07981

Estimated market value

$516,960

range $494,067 – $552,596

moderate confidence

Assessment-implied: $457,850; Director's Ratio 0.9051 (2025)
Comp-implied: $546,515; 8 comparable sales

Estimated value, last 11 years

2016: $337,774 → 2026: $516,960

Bordering

200-ft notice list →

79 Macculloch Ave
Lot 2·$495,700
47 Madison St
Lot 5·$392,400
53 Madison St
Lot 7·$543,600

Block 7201All of Block 7201 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "1206 BROOK HOLLOW RD WHIPPANY NJ 07981"
    ],
    "zipKeys": [
      "1206 BROOK HOLLOW RD 07981"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_7201_6",
  "county_code": "14",
  "district_code": "24",
  "block": "7201",
  "lot": "6",
  "qualifier": "",
  "property_location": "51 MADISON ST",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2S F 1FAM",
  "land_desc": "30X103",
  "year_built": 1900,
  "living_sqft": 1232,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "23210000",
  "improvement_value_cents": "18230000",
  "net_value_cents": "41440000",
  "last_yr_tx_cents": "652680",
  "deed_date": "2000-10-26",
  "deed_book": "5278",
  "deed_page": "202",
  "sale_price_cents": "23000000",
  "sales_code": null,
  "owner_mailing_street": "1206 BROOK HOLLOW RD",
  "owner_mailing_city_state_zip": "WHIPPANY  NJ  07981",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.071000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.47913221612751,
  "centroid_lat": 40.78996209733348
}

SR1A

[
  {
    "id": "d2863854-d05c-4ed3-96db-20cae65d7af4",
    "property_id": "165681e4-5052-4d41-babb-8f3648f16aa9",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "6",
    "qualifier": "",
    "deed_book": "5278",
    "deed_page": "202",
    "deed_date": "2000-10-26",
    "date_recorded": "2000-11-13",
    "sale_price_cents": "23000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "85dd6e8e-cfaa-40ac-aa69-08ba780c568e",
    "property_id": "165681e4-5052-4d41-babb-8f3648f16aa9",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "6",
    "qualifier": "",
    "deed_book": "5278",
    "deed_page": "202",
    "deed_date": "2000-10-26",
    "date_recorded": "2000-10-26",
    "sale_price_cents": "23000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "88fdf890-55a2-42b4-895b-5cef7c5a26e2",
    "property_id": "165681e4-5052-4d41-babb-8f3648f16aa9",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "6",
    "qualifier": "",
    "deed_book": "5151",
    "deed_page": "133",
    "deed_date": "2000-03-15",
    "date_recorded": "2000-03-21",
    "sale_price_cents": "20800000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "9d4e9356-396b-4082-a16d-23a2c2cb7897",
    "property_id": "165681e4-5052-4d41-babb-8f3648f16aa9",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "6",
    "qualifier": "",
    "deed_book": "4504",
    "deed_page": "278",
    "deed_date": "1996-12-27",
    "date_recorded": "1997-01-09",
    "sale_price_cents": "17650000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "1f7333e4-faca-40fb-b5ed-2c9d7e76cbd2",
    "property_id": "165681e4-5052-4d41-babb-8f3648f16aa9",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "6",
    "qualifier": "",
    "deed_book": "4504",
    "deed_page": "278",
    "deed_date": "1996-12-27",
    "date_recorded": "1996-12-27",
    "sale_price_cents": "17650000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "411c6977-b1d9-46d0-822f-deed2eecc7ea",
    "property_id": "165681e4-5052-4d41-babb-8f3648f16aa9",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "6",
    "qualifier": "",
    "deed_book": "4379",
    "deed_page": "192",
    "deed_date": "1996-05-24",
    "date_recorded": "1996-05-28",
    "sale_price_cents": "5200000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "269c6e2e-6a91-4af7-b5e2-31604279ccba",
    "property_id": "165681e4-5052-4d41-babb-8f3648f16aa9",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "6",
    "qualifier": "",
    "deed_book": "4379",
    "deed_page": "192",
    "deed_date": "1996-05-24",
    "date_recorded": "1996-05-24",
    "sale_price_cents": "5200000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "22ff1e24-1785-46c3-aaee-7fc44206672d",
    "property_id": "165681e4-5052-4d41-babb-8f3648f16aa9",
    "county_code": "14",
    "district_code": "24",
    "block": "7201",
    "lot": "6",
    "qualifier": "",
    "deed_book": "2644",
    "deed_page": "1011",
    "deed_date": "1982-10-06",
    "date_recorded": "1982-10-06",
    "sale_price_cents": "3800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 51 Madison St, Morristown, NJ last sold?: The most recent recorded sale was in 2000 for $230,000.
What is the assessed value of 51 Madison St, Morristown, NJ?: The total municipal assessment is $414,400 (land plus improvements).
What is 51 Madison St, Morristown, NJ worth?: Our model estimates a market value of $516,960, derived from comparable recorded sales nearby.
How many units does 51 Madison St, Morristown, NJ have?: Records show 1 dwelling unit at 51 Madison St, Morristown, NJ.
What kind of property is 51 Madison St, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1900.

Based on 8 comparable sales

Address	Sold	Price
2 Liberty St	9/5/2025	$685,000
111 Maple Ave	5/21/2025	$700,000
58 Phoenix Ave	3/3/2025	$493,000
20 Catherine Ln	7/10/2024	$512,000
12 Thompson St	5/6/2024	$542,225
2 Liberty St	12/11/2023	$545,000
26 Grant St	8/7/2023	$505,000
9 Henry St	6/21/2023	$320,000

Sales history

11/13/2000$230,000
taxrecords_njBk 5278 / Pg 202
10/26/2000$230,000
MOD-IV (Rutgers)Bk 5278 / Pg 202
3/21/2000$208,000
taxrecords_njBk 5151 / Pg 133
1/9/1997$176,500
taxrecords_njBk 4504 / Pg 278
12/27/1996$176,500
MOD-IV (Rutgers)Bk 4504 / Pg 278
5/28/1996$52,000
taxrecords_njBk 4379 / Pg 192
5/24/1996$52,000
MOD-IV (Rutgers)Bk 4379 / Pg 192
10/6/1982$38,000
MOD-IV (Rutgers)Bk 2644 / Pg 1011

Date	Price	Book / Page	Source
11/13/2000	$230,000	5278 / 202	taxrecords_nj
10/26/2000	$230,000	5278 / 202	MOD-IV (Rutgers)
3/21/2000	$208,000	5151 / 133	taxrecords_nj
1/9/1997	$176,500	4504 / 278	taxrecords_nj
12/27/1996	$176,500	4504 / 278	MOD-IV (Rutgers)
5/28/1996	$52,000	4379 / 192	taxrecords_nj
5/24/1996	$52,000	4379 / 192	MOD-IV (Rutgers)
10/6/1982	$38,000	2644 / 1011	MOD-IV (Rutgers)