When was 60 Chestnut St,unit 5, Morristown, NJ last sold?

The most recent recorded sale was in 2023 for $740,000.

What is the assessed value of 60 Chestnut St,unit 5, Morristown, NJ?

The total municipal assessment is $672,200 (land plus improvements).

What is 60 Chestnut St,unit 5, Morristown, NJ worth?

Our model estimates a market value of $767,836, derived from comparable recorded sales nearby.

How many units does 60 Chestnut St,unit 5, Morristown, NJ have?

Records show 1 dwelling unit at 60 Chestnut St,unit 5, Morristown, NJ.

What kind of property is 60 Chestnut St,unit 5, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2006.

parceldata.nj

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60 Chestnut St,unit 5, Morristown, NJ — owner, sales, deeds · parceldata

60 Chestnut St,unit 5

Morristown, NJ·Morris County

1424·block 7601·lot 16.05

$767,836estimated value

Last sale

$740,000

11/17/2023 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2006

Building size

1,946 sq ft

Lot size

0.00 ac

Land description

—

Building description

CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$672,200

Land value

$175,000

Improvement value

$497,200

Last year's tax

$10,587

Last MOD-IV sale

$740,000

MOD-IV deed date

11/16/2023

Owner mailing address

60 CHESTNUT ST #5
MORRISTOWN, NJ 07960

Estimated market value

$767,836

range $695,186 – $902,348

high confidence

Assessment-implied: $742,680; Director's Ratio 0.9051 (2025)
Comp-implied: $793,582; 30 comparable sales

Estimated value, last 11 years

2016: $501,694 → 2026: $767,836

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
2 Twombly CT	1/23/2026	$745,000
51 Mt Kemble Ave.#405	1/23/2026	$630,000

Bordering

200-ft notice list →

58 Chestnut St
Lot 16
60 Chestnut St,unit 6
Lot 16.06·$690,900
60 Chestnut St,unit 7
Lot 16.07·$691,500
60 Chestnut St,unit 8
Lot 16.08·$758,200

Block 7601All of Block 7601 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "60 CHESTNUT ST 5 MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "60 CHESTNUT ST 5 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1424_7601_16.05",
  "county_code": "14",
  "district_code": "24",
  "block": "7601",
  "lot": "16.05",
  "qualifier": "",
  "property_location": "60 CHESTNUT ST,UNIT 5",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "CONDO",
  "land_desc": null,
  "year_built": 2006,
  "living_sqft": 1946,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "17500000",
  "improvement_value_cents": "49720000",
  "net_value_cents": "67220000",
  "last_yr_tx_cents": "1058715",
  "deed_date": "2023-11-16",
  "deed_book": "24682",
  "deed_page": "1371",
  "sale_price_cents": "74000000",
  "sales_code": null,
  "owner_mailing_street": "60 CHESTNUT ST #5",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.000000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.48888038691057,
  "centroid_lat": 40.79507135217595
}

SR1A

[
  {
    "id": "3b0cf1e4-59fc-47ab-ac5e-78284ea60519",
    "property_id": "bd1636c9-707f-4eb2-b14c-914b370d0605",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "16.05",
    "qualifier": "",
    "deed_book": "24682",
    "deed_page": "1371",
    "deed_date": "2023-11-16",
    "date_recorded": "2023-11-17",
    "sale_price_cents": "74000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "ffbed29a-bb38-4c81-b2d7-13f78d4f5bcf",
    "property_id": "bd1636c9-707f-4eb2-b14c-914b370d0605",
    "county_code": "14",
    "district_code": "24",
    "block": "7601",
    "lot": "16.05",
    "qualifier": "",
    "deed_book": "24682",
    "deed_page": "1371",
    "deed_date": "2023-11-16",
    "date_recorded": "2023-11-16",
    "sale_price_cents": "74000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 60 Chestnut St,unit 5, Morristown, NJ last sold?: The most recent recorded sale was in 2023 for $740,000.
What is the assessed value of 60 Chestnut St,unit 5, Morristown, NJ?: The total municipal assessment is $672,200 (land plus improvements).
What is 60 Chestnut St,unit 5, Morristown, NJ worth?: Our model estimates a market value of $767,836, derived from comparable recorded sales nearby.
How many units does 60 Chestnut St,unit 5, Morristown, NJ have?: Records show 1 dwelling unit at 60 Chestnut St,unit 5, Morristown, NJ.
What kind of property is 60 Chestnut St,unit 5, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2006.

Sales history

11/17/2023$740,000
taxrecords_njBk 24682 / Pg 1371
11/16/2023$740,000
MOD-IV (Rutgers)Bk 24682 / Pg 1371

Date	Price	Book / Page	Source
11/17/2023	$740,000	24682 / 1371	taxrecords_nj
11/16/2023	$740,000	24682 / 1371	MOD-IV (Rutgers)