When was 50 Chestnut St, Morristown, NJ last sold?

The most recent recorded sale was in 2020 for $435,000.

What is the assessed value of 50 Chestnut St, Morristown, NJ?

The total municipal assessment is $505,400 (land plus improvements).

What is 50 Chestnut St, Morristown, NJ worth?

Our model estimates a market value of $764,916, derived from comparable recorded sales nearby.

How many units does 50 Chestnut St, Morristown, NJ have?

Records show 1 dwelling unit at 50 Chestnut St, Morristown, NJ.

What kind of property is 50 Chestnut St, Morristown, NJ?

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

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50 Chestnut St, Morristown, NJ — owner, sales, deeds · parceldata

50 Chestnut St

Morristown, NJ·Morris County

1424·block 7601·lot 15.03

$764,916estimated value

Last sale

$435,000

9/10/2020 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1986

Building size

1,678 sq ft

Lot size

0.41 ac

Land description

17936 SF

Building description

CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$505,400

Land value

$200,000

Improvement value

$305,400

Last year's tax

$7,960

Last MOD-IV sale

$435,000

MOD-IV deed date

9/2/2020

Owner mailing address

50 CHESTNUT ST #3
MORRISTOWN, NJ 07960

Estimated market value

$764,916

range $565,907 – $806,680

moderate confidence

Assessment-implied: $558,391; Director's Ratio 0.9051 (2025)
Comp-implied: $965,516; 10 comparable sales

Estimated value, last 11 years

2016: $499,786 → 2026: $764,916

dots are actual sale prices for this property

Bordering

200-ft notice list →

50 Chestnut St
Lot 15
50 Chestnut St
Lot 15.01·$911,500
50 Chestnut St
Lot 15.02·$476,900
50 Chestnut St
Lot 15.04·$455,100

Block 7601All of Block 7601 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "50 CHESTNUT ST 3 MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "50 CHESTNUT ST 3 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_7601_15.03",
  "county_code": "14",
  "district_code": "24",
  "block": "7601",
  "lot": "15.03",
  "qualifier": "",
  "property_location": "50 CHESTNUT ST",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "CONDO",
  "land_desc": "17936 SF",
  "year_built": 1986,
  "living_sqft": 1678,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "20000000",
  "improvement_value_cents": "30540000",
  "net_value_cents": "50540000",
  "last_yr_tx_cents": "796005",
  "deed_date": "2020-09-02",
  "deed_book": "23869",
  "deed_page": "1844",
  "sale_price_cents": "43500000",
  "sales_code": null,
  "owner_mailing_street": "50 CHESTNUT ST #3",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.412000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.4882827830487,
  "centroid_lat": 40.7952829041737
}

SR1A

[
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    "id": "c054e354-4223-471a-b4b9-b1674c42874b",
    "property_id": "1867e9db-71cf-43ef-a1da-9025d808b87e",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "15.03",
    "qualifier": "",
    "deed_book": "23869",
    "deed_page": "1844",
    "deed_date": "2020-09-02",
    "date_recorded": "2020-09-10",
    "sale_price_cents": "43500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "qualifier": "",
    "deed_book": "23869",
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    "deed_date": "2020-09-02",
    "date_recorded": "2020-09-02",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "lot": "15.03",
    "qualifier": "",
    "deed_book": "22983",
    "deed_page": "1884",
    "deed_date": "2016-09-06",
    "date_recorded": "2016-09-14",
    "sale_price_cents": "40000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
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    "deed_date": "2016-09-06",
    "date_recorded": "2016-09-06",
    "sale_price_cents": "40000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "f05679ac-b2a0-48c1-8d1d-2539a299833b",
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    "lot": "15.03",
    "qualifier": "",
    "deed_book": "21939",
    "deed_page": "303",
    "deed_date": "2011-12-27",
    "date_recorded": "2011-12-30",
    "sale_price_cents": "29000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "qualifier": "",
    "deed_book": "21939",
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    "deed_date": "2011-12-27",
    "date_recorded": "2011-12-27",
    "sale_price_cents": "29000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "85876553-a9a3-48ff-9ab2-53ce2c5ec79b",
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    "district_code": "24",
    "block": "7601",
    "lot": "15.03",
    "qualifier": "",
    "deed_book": "6598",
    "deed_page": "42",
    "deed_date": "2006-04-03",
    "date_recorded": "2006-04-11",
    "sale_price_cents": "40700000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "88e290da-7015-45e3-935b-1f21eca56e1a",
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    "deed_date": "2006-04-03",
    "date_recorded": "2006-04-03",
    "sale_price_cents": "40700000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "4db4a577-c95f-45dc-89c5-45917e44838d",
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    "block": "7601",
    "lot": "15.03",
    "qualifier": "",
    "deed_book": "5156",
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    "deed_date": "2000-02-18",
    "date_recorded": "2000-03-31",
    "sale_price_cents": "22000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "63d22ee4-b0aa-48f5-9962-c1fbfd040ef3",
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    "deed_date": "2000-02-18",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "block": "7601",
    "lot": "15.03",
    "qualifier": "",
    "deed_book": "4156",
    "deed_page": "167",
    "deed_date": "1995-03-15",
    "date_recorded": "1995-03-21",
    "sale_price_cents": "18000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "8b5d3a18-dfe7-477a-a13b-fc7a9a7e83c4",
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    "qualifier": "",
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    "deed_date": "1995-03-15",
    "date_recorded": "1995-03-15",
    "sale_price_cents": "18000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "976714ba-b635-43c6-9325-754294c96683",
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    "district_code": "24",
    "block": "7601",
    "lot": "15.03",
    "qualifier": "",
    "deed_book": "2889",
    "deed_page": "875",
    "deed_date": "1986-09-24",
    "date_recorded": "1986-09-24",
    "sale_price_cents": "17150000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 50 Chestnut St, Morristown, NJ last sold?: The most recent recorded sale was in 2020 for $435,000.
What is the assessed value of 50 Chestnut St, Morristown, NJ?: The total municipal assessment is $505,400 (land plus improvements).
What is 50 Chestnut St, Morristown, NJ worth?: Our model estimates a market value of $764,916, derived from comparable recorded sales nearby.
How many units does 50 Chestnut St, Morristown, NJ have?: Records show 1 dwelling unit at 50 Chestnut St, Morristown, NJ.
What kind of property is 50 Chestnut St, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1986.

Based on 10 comparable sales

Address	Sold	Price
6 Wisteria Ter	3/6/2026	$725,000
44 Miller Rd	12/31/2025	$2,080,000
53 Ralph Pl	8/11/2025	$722,000
3 Jerome Ave	10/21/2024	$755,000
15 Shady Ln	7/9/2024	$710,000
92 Lidgerwood Pkwy	2/29/2024	$710,000
11 Green St	12/1/2023	$750,000
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

9/10/2020$435,000
taxrecords_njBk 23869 / Pg 1844
9/2/2020$435,000
MOD-IV (Rutgers)Bk 23869 / Pg 1844
9/14/2016$400,000
taxrecords_njBk 22983 / Pg 1884
9/6/2016$400,000
MOD-IV (Rutgers)Bk 22983 / Pg 1884
12/30/2011$290,000
taxrecords_njBk 21939 / Pg 303
12/27/2011$290,000
MOD-IV (Rutgers)Bk 21939 / Pg 303
4/11/2006$407,000
taxrecords_njBk 6598 / Pg 42
4/3/2006$407,000
MOD-IV (Rutgers)Bk 6598 / Pg 42
3/31/2000$220,000
taxrecords_njBk 5156 / Pg 264
2/18/2000$220,000
MOD-IV (Rutgers)Bk 5156 / Pg 264
3/21/1995$180,000
taxrecords_njBk 4156 / Pg 167
3/15/1995$180,000
MOD-IV (Rutgers)Bk 4156 / Pg 167
9/24/1986$171,500
MOD-IV (Rutgers)Bk 2889 / Pg 875

Date	Price	Book / Page	Source
9/10/2020	$435,000	23869 / 1844	taxrecords_nj
9/2/2020	$435,000	23869 / 1844	MOD-IV (Rutgers)
9/14/2016	$400,000	22983 / 1884	taxrecords_nj
9/6/2016	$400,000	22983 / 1884	MOD-IV (Rutgers)
12/30/2011	$290,000	21939 / 303	taxrecords_nj
12/27/2011	$290,000	21939 / 303	MOD-IV (Rutgers)
4/11/2006	$407,000	6598 / 42	taxrecords_nj
4/3/2006	$407,000	6598 / 42	MOD-IV (Rutgers)
3/31/2000	$220,000	5156 / 264	taxrecords_nj