When was 45 Budd St, Morristown, NJ last sold?

The most recent recorded sale was in 2025 for $501,500.

What is the assessed value of 45 Budd St, Morristown, NJ?

The total municipal assessment is $476,200 (land plus improvements).

What is 45 Budd St, Morristown, NJ worth?

Our model estimates a market value of $511,217, derived from comparable recorded sales nearby.

How many units does 45 Budd St, Morristown, NJ have?

Records show 1 dwelling unit at 45 Budd St, Morristown, NJ.

What kind of property is 45 Budd St, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1949.

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45 Budd St, Morristown, NJ — owner, sales, deeds · parceldata

45 Budd St

Morristown, NJ 07960·Morris County

1424·block 8303·lot 29

$511,217estimated value

Last sale

$501,500

11/12/2025 · SR1A 2026

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1949

Building size

1,075 sq ft

Lot size

0.20 ac

Land description

50X175

Building description

1.5S F 1FAM

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$476,200

Land value

$318,300

Improvement value

$157,900

Last year's tax

$7,500

Last MOD-IV sale

$501,500

MOD-IV deed date

10/30/2025

Owner mailing address

45 BUDD ST
MORRISTOWN, NJ 07960

Estimated market value

$511,217

range $477,315 – $552,420

high confidence

Assessment-implied: $526,130; Director's Ratio 0.9051 (2025)
Comp-implied: $542,477; 27 comparable sales

Estimated value, last 11 years

2016: $334,022 → 2026: $511,217

dots are actual sale prices for this property

Based on 27 comparable sales

Address	Sold	Price
6 Wisteria Ter

Bordering

200-ft notice list →

6 Edgar Pl
Lot 1·$670,300
43 Budd St
Lot 28·$512,600
47 Budd St
Lot 30·$671,800

Block 8303All of Block 8303 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1424_8303_29",
  "county_code": "14",
  "district_code": "24",
  "block": "8303",
  "lot": "29",
  "qualifier": "",
  "property_location": "45 BUDD ST",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1.5S F 1FAM",
  "land_desc": "50X175",
  "year_built": 1949,
  "living_sqft": 1075,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "31830000",
  "improvement_value_cents": "15790000",
  "net_value_cents": "47620000",
  "last_yr_tx_cents": "750015",
  "deed_date": "2025-10-30",
  "deed_book": "25012",
  "deed_page": "372",
  "sale_price_cents": "50150000",
  "sales_code": null,
  "owner_mailing_street": "45 BUDD ST",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.201000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.49163718594566,
  "centroid_lat": 40.79711362804679
}

SR1A

[
  {
    "id": "965eaff7-63b9-44ae-ad24-6d61d634af99",
    "property_id": "0dde7c47-f90a-441c-8627-a6cacb550825",
    "county_code": "14",
    "district_code": "24",
    "block": "8303",
    "lot": "29",
    "qualifier": "",
    "deed_book": "25012",
    "deed_page": "372",
    "deed_date": "2025-10-30",
    "date_recorded": "2025-11-12",
    "sale_price_cents": "50150000",
    "sr1a_year": 2026,
    "source": "sr1a"
  },
  {
    "id": "8c28525c-2dae-4f76-b3c1-73b97d3c7801",
    "property_id": "0dde7c47-f90a-441c-8627-a6cacb550825",
    "county_code": "14",
    "district_code": "24",
    "block": "8303",
    "lot": "29",
    "qualifier": "",
    "deed_book": "25012",
    "deed_page": "372",
    "deed_date": "2025-10-30",
    "date_recorded": "2025-10-30",
    "sale_price_cents": "50150000",
    "sr1a_year": null,
    "source": "taxrecords_nj_owners"
  },
  {
    "id": "e554de78-c4e0-4aa8-aa1e-9400bb521267",
    "property_id": "0dde7c47-f90a-441c-8627-a6cacb550825",
    "county_code": "14",
    "district_code": "24",
    "block": "8303",
    "lot": "29",
    "qualifier": "",
    "deed_book": "6290",
    "deed_page": "101",
    "deed_date": "2005-02-08",
    "date_recorded": "2005-03-16",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b8bbc917-367e-45c5-963b-92488f4651fb",
    "property_id": "0dde7c47-f90a-441c-8627-a6cacb550825",
    "county_code": "14",
    "district_code": "24",
    "block": "8303",
    "lot": "29",
    "qualifier": "",
    "deed_book": "6290",
    "deed_page": "101",
    "deed_date": "2005-02-08",
    "date_recorded": "2005-02-08",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 45 Budd St, Morristown, NJ last sold?: The most recent recorded sale was in 2025 for $501,500.
What is the assessed value of 45 Budd St, Morristown, NJ?: The total municipal assessment is $476,200 (land plus improvements).
What is 45 Budd St, Morristown, NJ worth?: Our model estimates a market value of $511,217, derived from comparable recorded sales nearby.
How many units does 45 Budd St, Morristown, NJ have?: Records show 1 dwelling unit at 45 Budd St, Morristown, NJ.
What kind of property is 45 Budd St, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1949.

Sales history

11/12/2025$501,500
SR1A 2026Bk 25012 / Pg 372
10/30/2025$501,500
taxrecords_nj_ownersBk 25012 / Pg 372
3/16/2005$1
taxrecords_njBk 6290 / Pg 101
2/8/2005$1
MOD-IV (Rutgers)Bk 6290 / Pg 101

Date	Price	Book / Page	Source
11/12/2025	$501,500	25012 / 372	SR1A 2026
10/30/2025	$501,500	25012 / 372	taxrecords_nj_owners
3/16/2005	$1	6290 / 101	taxrecords_nj
2/8/2005	$1	6290 / 101	MOD-IV (Rutgers)