When was 38 Chestnut St #3, Morristown, NJ last sold?

The most recent recorded sale was in 2005 for $446,000.

What is the assessed value of 38 Chestnut St #3, Morristown, NJ?

The total municipal assessment is $459,000 (land plus improvements).

What is 38 Chestnut St #3, Morristown, NJ worth?

Our model estimates a market value of $661,784, derived from comparable recorded sales nearby.

How many units does 38 Chestnut St #3, Morristown, NJ have?

Records show 1 dwelling unit at 38 Chestnut St #3, Morristown, NJ.

What kind of property is 38 Chestnut St #3, Morristown, NJ?

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

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38 Chestnut St #3, Morristown, NJ — owner, sales, deeds · parceldata

38 Chestnut St #3

Morristown, NJ·Morris County

1424·block 7601·lot 13.03

$661,784estimated value

Last sale

$446,000

6/14/2005 · taxrecords_nj

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

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1986

Building size

1,443 sq ft

Lot size

0.25 ac

Land description

10769 SF

Building description

CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$459,000

Land value

$200,000

Improvement value

$259,000

Last year's tax

$7,229

Last MOD-IV sale

$446,000

MOD-IV deed date

5/27/2005

Owner mailing address

7 NEW ST
MENDHAM NJ 07945

Estimated market value

$661,784

range $560,257 – $768,522

low confidence

Assessment-implied: $507,126; Director's Ratio 0.9051 (2025)
Comp-implied: $713,336; 16 comparable sales

Estimated value, last 11 years

2016: $432,400 → 2026: $661,784

Bordering

200-ft notice list →

38 Chestnut St
Lot 13
38 Chestnut St #1
Lot 13.01·$542,700
38 Chestnut St #2
Lot 13.02·$587,200
38 Chestnut St #4
Lot 13.04·$522,800

Block 7601All of Block 7601 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 2,
  "portfolioKeys": {
    "fullKeys": [
      "7 NEW ST MENDHAM NJ 07945"
    ],
    "zipKeys": [
      "7 NEW ST 07945"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_7601_13.03",
  "county_code": "14",
  "district_code": "24",
  "block": "7601",
  "lot": "13.03",
  "qualifier": "",
  "property_location": "38 CHESTNUT ST #3",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "CONDO",
  "land_desc": "10769 SF",
  "year_built": 1986,
  "living_sqft": 1443,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "20000000",
  "improvement_value_cents": "25900000",
  "net_value_cents": "45900000",
  "last_yr_tx_cents": "722925",
  "deed_date": "2005-05-27",
  "deed_book": "6353",
  "deed_page": "88",
  "sale_price_cents": "44600000",
  "sales_code": null,
  "owner_mailing_street": "7 NEW ST",
  "owner_mailing_city_state_zip": "MENDHAM  NJ  07945",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.247000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.48767205148219,
  "centroid_lat": 40.79555213978446
}

SR1A

[
  {
    "id": "6f81f7e5-0a20-4373-b44d-60e62050a5cd",
    "property_id": "07afb555-cb83-47ed-abcb-4f0425793d24",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "13.03",
    "qualifier": "",
    "deed_book": "6353",
    "deed_page": "88",
    "deed_date": "2005-05-27",
    "date_recorded": "2005-06-14",
    "sale_price_cents": "44600000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "e68fb935-c028-4c0f-90bb-75a2f76aa12a",
    "property_id": "07afb555-cb83-47ed-abcb-4f0425793d24",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "13.03",
    "qualifier": "",
    "deed_book": "6353",
    "deed_page": "88",
    "deed_date": "2005-05-27",
    "date_recorded": "2005-05-27",
    "sale_price_cents": "44600000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "78c0d1c5-1967-439f-9d2a-b2808580f80f",
    "property_id": "07afb555-cb83-47ed-abcb-4f0425793d24",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "13.03",
    "qualifier": "",
    "deed_book": "4757",
    "deed_page": "122",
    "deed_date": "1998-04-29",
    "date_recorded": "1998-05-01",
    "sale_price_cents": "20500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "351396d6-7b94-474f-9704-a48a6f93e27d",
    "property_id": "07afb555-cb83-47ed-abcb-4f0425793d24",
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    "district_code": "24",
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    "qualifier": "",
    "deed_book": "4757",
    "deed_page": "122",
    "deed_date": "1998-04-29",
    "date_recorded": "1998-04-29",
    "sale_price_cents": "20500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "e5b4abcc-fc5c-478b-bd4a-c649acb32480",
    "property_id": "07afb555-cb83-47ed-abcb-4f0425793d24",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "13.03",
    "qualifier": "",
    "deed_book": "4646",
    "deed_page": "12",
    "deed_date": "1997-09-29",
    "date_recorded": "1997-10-02",
    "sale_price_cents": "19500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b498f141-53ae-409c-b012-3c197e2c8ffd",
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    "district_code": "24",
    "block": "7601",
    "lot": "13.03",
    "qualifier": "",
    "deed_book": "4646",
    "deed_page": "12",
    "deed_date": "1997-09-29",
    "date_recorded": "1997-09-29",
    "sale_price_cents": "19500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "4aa842e2-6166-4bf7-aa03-512d671f1b85",
    "property_id": "07afb555-cb83-47ed-abcb-4f0425793d24",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "13.03",
    "qualifier": "",
    "deed_book": "4342",
    "deed_page": "93",
    "deed_date": "1996-02-29",
    "date_recorded": "1996-03-11",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "ec4aed15-5b3b-4148-85c0-0b5e6e18ad02",
    "property_id": "07afb555-cb83-47ed-abcb-4f0425793d24",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "13.03",
    "qualifier": "",
    "deed_book": "4342",
    "deed_page": "93",
    "deed_date": "1996-02-29",
    "date_recorded": "1996-02-29",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "c122a097-42bf-4bf2-9b8f-966c1ae7e0b3",
    "property_id": "07afb555-cb83-47ed-abcb-4f0425793d24",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "13.03",
    "qualifier": "",
    "deed_book": "4117",
    "deed_page": "189",
    "deed_date": "1994-11-29",
    "date_recorded": "1995-01-03",
    "sale_price_cents": "19500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "df119290-ee44-4af1-b5bf-fb61c42d79df",
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    "date_recorded": "1994-11-29",
    "sale_price_cents": "19500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "de6536dc-cf82-4972-af2e-92527857717d",
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    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "13.03",
    "qualifier": "",
    "deed_book": "2886",
    "deed_page": "847",
    "deed_date": "1986-09-02",
    "date_recorded": "1986-09-02",
    "sale_price_cents": "17490000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 38 Chestnut St #3, Morristown, NJ last sold?: The most recent recorded sale was in 2005 for $446,000.
What is the assessed value of 38 Chestnut St #3, Morristown, NJ?: The total municipal assessment is $459,000 (land plus improvements).
What is 38 Chestnut St #3, Morristown, NJ worth?: Our model estimates a market value of $661,784, derived from comparable recorded sales nearby.
How many units does 38 Chestnut St #3, Morristown, NJ have?: Records show 1 dwelling unit at 38 Chestnut St #3, Morristown, NJ.
What kind of property is 38 Chestnut St #3, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1986.

Based on 16 comparable sales

Address	Sold	Price
6 Wisteria Ter	3/6/2026	$725,000
7 John Glenn Rd	12/23/2025	$735,000
1 Marian Pl	12/1/2025	$630,000
11 Wetmore Ave	5/16/2025	$260,000
11 Wetmore Ave	4/9/2025	$380,000
151 Mills St	4/7/2025	$625,000
18 King St	2/19/2025	$925,000
54 Phoenix Ave	9/25/2024	$699,000
61 Wetmore Ave	8/15/2024	$600,000
15 Shady Ln	7/9/2024	$710,000
3 Lyons Pl	3/19/2024	$466,003
11 Wetmore Ave	1/8/2024	$390,000
154 Washington St	12/11/2023	$485,000
39 Phoenix Ave	8/9/2023	$549,000
6 Ridgedale Ave	6/7/2023	$401,000
18 Ames Rd	6/1/2023	$471,000

Sales history

6/14/2005$446,000
taxrecords_njBk 6353 / Pg 88
5/27/2005$446,000
MOD-IV (Rutgers)Bk 6353 / Pg 88
5/1/1998$205,000
taxrecords_njBk 4757 / Pg 122
4/29/1998$205,000
MOD-IV (Rutgers)Bk 4757 / Pg 122
10/2/1997$195,000
taxrecords_njBk 4646 / Pg 12
9/29/1997$195,000
MOD-IV (Rutgers)Bk 4646 / Pg 12
3/11/1996$1
taxrecords_njBk 4342 / Pg 93
2/29/1996$1
MOD-IV (Rutgers)Bk 4342 / Pg 93
1/3/1995$195,000
taxrecords_njBk 4117 / Pg 189
11/29/1994$195,000
MOD-IV (Rutgers)Bk 4117 / Pg 189
9/2/1986$174,900
MOD-IV (Rutgers)Bk 2886 / Pg 847

Date	Price	Book / Page	Source
6/14/2005	$446,000	6353 / 88	taxrecords_nj
5/27/2005	$446,000	6353 / 88	MOD-IV (Rutgers)
5/1/1998	$205,000	4757 / 122	taxrecords_nj
4/29/1998	$205,000	4757 / 122	MOD-IV (Rutgers)
10/2/1997	$195,000	4646 / 12	taxrecords_nj
9/29/1997	$195,000	4646 / 12	MOD-IV (Rutgers)
3/11/1996	$1	4342 / 93	taxrecords_nj
2/29/1996	$1	4342 / 93	MOD-IV (Rutgers)
1/3/1995	$195,000	4117 / 189	taxrecords_nj