When was 61 Mt Kemble Ave.#501, Morristown, NJ last sold?

The most recent recorded sale was in 2020 for $421,000.

What is the assessed value of 61 Mt Kemble Ave.#501, Morristown, NJ?

The total municipal assessment is $535,100 (land plus improvements).

What is 61 Mt Kemble Ave.#501, Morristown, NJ worth?

Our model estimates a market value of $573,145, derived from comparable recorded sales nearby.

How many units does 61 Mt Kemble Ave.#501, Morristown, NJ have?

Records show 1 dwelling unit at 61 Mt Kemble Ave.#501, Morristown, NJ.

What kind of property is 61 Mt Kemble Ave.#501, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1986.

parceldata.nj

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61 Mt Kemble Ave.#501, Morristown, NJ — owner, sales, deeds · parceldata

61 Mt Kemble Ave.#501

Morristown, NJ 07960·Morris County

1424·block 7501·lot 4.57

$573,145estimated value

Last sale

$421,000

2/26/2020 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1986

Building size

1,570 sq ft

Lot size

2.80 ac

Land description

3.92 AC

Building description

CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$535,100

Land value

$225,000

Improvement value

$310,100

Last year's tax

$8,428

Last MOD-IV sale

$421,000

MOD-IV deed date

1/21/2020

Owner mailing address

61 MT KEMBLE AVE.#501
MORRISTOWN, NJ 07960

Estimated market value

$573,145

range $512,337 – $615,956

moderate confidence

Assessment-implied: $591,205; Director's Ratio 0.9051 (2025)
Comp-implied: $566,106; 30 comparable sales

Estimated value, last 11 years

2016: $376,769 → 2026: $573,145

dots are actual sale prices for this property

Bordering

200-ft notice list →

51 Mt Kemble Ave
Lot 4
61 Mt Kemble Ave.#101
Lot 4.37·$423,600
61 Mt Kemble Ave.#102
Lot 4.38·$409,000
61 Mt Kemble Ave.#103
Lot 4.39·$402,800
61 Mt Kemble Ave.#104
Lot 4.40·$417,700
61 Mt Kemble Ave.#201
Lot 4.41·$415,300
61 Mt Kemble Ave.#202
Lot 4.42

Block 7501All of Block 7501 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "61 MT KEMBLE AVE 501 MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "61 MT KEMBLE AVE 501 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_7501_4.57",
  "county_code": "14",
  "district_code": "24",
  "block": "7501",
  "lot": "4.57",
  "qualifier": "",
  "property_location": "61 MT KEMBLE AVE.#501",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "CONDO",
  "land_desc": "3.92 AC",
  "year_built": 1986,
  "living_sqft": 1570,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "22500000",
  "improvement_value_cents": "31010000",
  "net_value_cents": "53510000",
  "last_yr_tx_cents": "842783",
  "deed_date": "2020-01-21",
  "deed_book": "23721",
  "deed_page": "283",
  "sale_price_cents": "42100000",
  "sales_code": null,
  "owner_mailing_street": "61 MT KEMBLE AVE.#501",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "2.803000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.48771208787062,
  "centroid_lat": 40.79169250240811
}

SR1A

[
  {
    "id": "a3c5b923-c565-4249-a0fe-4b34c04375d8",
    "property_id": "9300880f-4c55-4c72-84cd-992d4f30ec53",
    "county_code": "14",
    "district_code": "24",
    "block": "7501",
    "lot": "4.57",
    "qualifier": "",
    "deed_book": "23721",
    "deed_page": "283",
    "deed_date": "2020-01-21",
    "date_recorded": "2020-02-26",
    "sale_price_cents": "42100000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6164ebe6-5a34-4326-9ee5-9ca7299cb265",
    "property_id": "9300880f-4c55-4c72-84cd-992d4f30ec53",
    "county_code": "14",
    "district_code": "24",
    "block": "7501",
    "lot": "4.57",
    "qualifier": "",
    "deed_book": "23721",
    "deed_page": "283",
    "deed_date": "2020-01-21",
    "date_recorded": "2020-01-21",
    "sale_price_cents": "42100000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "50469dbc-bf8f-4ff2-b5e3-195569e37acf",
    "property_id": "9300880f-4c55-4c72-84cd-992d4f30ec53",
    "county_code": "14",
    "district_code": "24",
    "block": "7501",
    "lot": "4.57",
    "qualifier": "",
    "deed_book": "5653",
    "deed_page": "133",
    "deed_date": "2002-05-15",
    "date_recorded": "2002-07-09",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "977dcd76-b251-4ac1-9957-20ad6c5678dd",
    "property_id": "9300880f-4c55-4c72-84cd-992d4f30ec53",
    "county_code": "14",
    "district_code": "24",
    "block": "7501",
    "lot": "4.57",
    "qualifier": "",
    "deed_book": "5653",
    "deed_page": "133",
    "deed_date": "2002-05-15",
    "date_recorded": "2002-05-15",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "91a99099-cffe-4d33-b21f-6ecef6835aef",
    "property_id": "9300880f-4c55-4c72-84cd-992d4f30ec53",
    "county_code": "14",
    "district_code": "24",
    "block": "7501",
    "lot": "4.57",
    "qualifier": "",
    "deed_book": "5222",
    "deed_page": "225",
    "deed_date": "2000-05-08",
    "date_recorded": "2000-08-02",
    "sale_price_cents": "22000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "57a78487-56d8-478a-b672-255405286aaf",
    "property_id": "9300880f-4c55-4c72-84cd-992d4f30ec53",
    "county_code": "14",
    "district_code": "24",
    "block": "7501",
    "lot": "4.57",
    "qualifier": "",
    "deed_book": "5222",
    "deed_page": "225",
    "deed_date": "2000-05-08",
    "date_recorded": "2000-05-08",
    "sale_price_cents": "22000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d00eb0b1-380f-40cd-9f0f-5a0f445785c8",
    "property_id": "9300880f-4c55-4c72-84cd-992d4f30ec53",
    "county_code": "14",
    "district_code": "24",
    "block": "7501",
    "lot": "4.57",
    "qualifier": "",
    "deed_book": "4028",
    "deed_page": "19",
    "deed_date": "1994-07-01",
    "date_recorded": "1994-08-05",
    "sale_price_cents": "17600000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "ad063dfd-1e21-4110-9057-22d9116a9986",
    "property_id": "9300880f-4c55-4c72-84cd-992d4f30ec53",
    "county_code": "14",
    "district_code": "24",
    "block": "7501",
    "lot": "4.57",
    "qualifier": "",
    "deed_book": "4028",
    "deed_page": "19",
    "deed_date": "1994-07-01",
    "date_recorded": "1994-07-01",
    "sale_price_cents": "17600000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 61 Mt Kemble Ave.#501, Morristown, NJ last sold?: The most recent recorded sale was in 2020 for $421,000.
What is the assessed value of 61 Mt Kemble Ave.#501, Morristown, NJ?: The total municipal assessment is $535,100 (land plus improvements).
What is 61 Mt Kemble Ave.#501, Morristown, NJ worth?: Our model estimates a market value of $573,145, derived from comparable recorded sales nearby.
How many units does 61 Mt Kemble Ave.#501, Morristown, NJ have?: Records show 1 dwelling unit at 61 Mt Kemble Ave.#501, Morristown, NJ.
What kind of property is 61 Mt Kemble Ave.#501, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1986.

Based on 30 comparable sales

Address	Sold	Price
5-E Dorado Dr	2/20/2026	$611,030
51 Mt Kemble Ave.#405	1/23/2026	$630,000
41 Mt Kemble Ave.#402	12/11/2025	$500,000
1-A Dorado Dr	11/21/2025	$581,000
11-E Dorado Dr	8/27/2025	$600,000
44 Ridgedale Ave Unit 239	8/22/2025	$470,000
41 Mt Kemble Ave.#404	8/4/2025	$550,000
44 Ridgedale Ave Unit 115	7/2/2025	$450,000
40 Park #415	5/7/2025	$812,000
44 Ridgedale Ave Unit 118	5/7/2025	$425,000
40 Park #511	4/26/2025	$1,070,000
40 Park #302	3/10/2025	$865,000
1-A Dorado Dr	2/5/2025	$537,500
40 Park #411	1/27/2025	$1,040,000
14-E Dorado Dr	1/24/2025	$520,000
2-E Dorado Dr	12/9/2024	$550,000
44 Ridgedale Ave Unit 227	11/20/2024	$477,000
9-N Dorado Dr	9/11/2024	$536,000
6-C Dorado Dr	7/31/2024	$545,000
13-A Dorado Dr	7/30/2024	$550,000
10-K Dorado Dr	7/1/2024	$540,000
9-Q Dorado Dr	6/25/2024	$400,000
9-I Dorado Dr	6/18/2024	$490,000
1-C Dorado Dr	6/17/2024	$530,000
6-L Dorado Dr	5/30/2024	$430,000
51 Mt Kemble Ave.#402	5/21/2024	$625,000
40 Park #305	3/1/2024	$827,500
61 Mt Kemble Ave.#502	2/2/2024	$575,000
61 Mt Kemble Ave.#302	1/23/2024	$480,000
2-C Dorado Dr	1/8/2024	$520,000

Sales history

2/26/2020$421,000
taxrecords_njBk 23721 / Pg 283
1/21/2020$421,000
MOD-IV (Rutgers)Bk 23721 / Pg 283
7/9/2002$1
taxrecords_njBk 5653 / Pg 133
5/15/2002$1
MOD-IV (Rutgers)Bk 5653 / Pg 133
8/2/2000$220,000
taxrecords_njBk 5222 / Pg 225
5/8/2000$220,000
MOD-IV (Rutgers)Bk 5222 / Pg 225
8/5/1994$176,000
taxrecords_njBk 4028 / Pg 19
7/1/1994$176,000
MOD-IV (Rutgers)Bk 4028 / Pg 19

Date	Price	Book / Page	Source
2/26/2020	$421,000	23721 / 283	taxrecords_nj
1/21/2020	$421,000	23721 / 283	MOD-IV (Rutgers)
7/9/2002	$1	5653 / 133	taxrecords_nj
5/15/2002	$1	5653 / 133	MOD-IV (Rutgers)
8/2/2000	$220,000	5222 / 225	taxrecords_nj
5/8/2000	$220,000	5222 / 225	MOD-IV (Rutgers)
8/5/1994	$176,000	4028 / 19	taxrecords_nj
7/1/1994	$176,000	4028 / 19	MOD-IV (Rutgers)