When was 53 Wetmore Ave #1, Morristown, NJ last sold?

The most recent recorded sale was in 2022 for $1.

What is the assessed value of 53 Wetmore Ave #1, Morristown, NJ?

The total municipal assessment is $385,400 (land plus improvements).

What is 53 Wetmore Ave #1, Morristown, NJ worth?

Our model estimates a market value of $393,659, derived from comparable recorded sales nearby.

How many units does 53 Wetmore Ave #1, Morristown, NJ have?

Records show 1 dwelling unit at 53 Wetmore Ave #1, Morristown, NJ.

What kind of property is 53 Wetmore Ave #1, Morristown, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1916.

parceldata.nj

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53 Wetmore Ave #1, Morristown, NJ — owner, sales, deeds · parceldata

53 Wetmore Ave #1

Morristown, NJ 07960·Morris County

1424·block 8601·lot 2.01

$393,659estimated value

Last sale

7/13/2022 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1916

Building size

1,044 sq ft

Lot size

0.13 ac

Land description

50X110

Building description

CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$385,400

Land value

$200,000

Improvement value

$185,400

Last year's tax

$6,070

Last MOD-IV sale

MOD-IV deed date

6/8/2022

Owner mailing address

53 WETMORE AVE #1
MORRISTOWN, NJ 07960

Estimated market value

$393,659

range $361,368 – $453,182

high confidence

Assessment-implied: $425,809; Director's Ratio 0.9051 (2025)
Comp-implied: $349,866; 18 comparable sales

Estimated value, last 11 years

2016: $257,212 → 2026: $393,659

dots are actual sale prices for this property

Bordering

200-ft notice list →

53 Wetmore Ave
Lot 2
53 Wetmore Ave #2
Lot 2.02·$410,400
53 Wetmore Ave #3
Lot 2.03·$385,000
53 Wetmore Ave #4
Lot 2.04·$385,000
55 Wetmore Ave
Lot 3·$883,300

Block 8601All of Block 8601 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1424_8601_2.01",
  "county_code": "14",
  "district_code": "24",
  "block": "8601",
  "lot": "2.01",
  "qualifier": "",
  "property_location": "53 WETMORE AVE #1",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "CONDO",
  "land_desc": "50X110",
  "year_built": 1916,
  "living_sqft": 1044,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "20000000",
  "improvement_value_cents": "18540000",
  "net_value_cents": "38540000",
  "last_yr_tx_cents": "607005",
  "deed_date": "2022-06-08",
  "deed_book": "24451",
  "deed_page": "1455",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "53 WETMORE AVE #1",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRISTOWN TOWN",
  "calc_acre": "0.126000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.48618990850547,
  "centroid_lat": 40.79109329237865
}

SR1A

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    "block": "8601",
    "lot": "2.01",
    "qualifier": "",
    "deed_book": "24451",
    "deed_page": "1455",
    "deed_date": "2022-06-08",
    "date_recorded": "2022-07-13",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
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    "date_recorded": "2022-06-08",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
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    "date_recorded": "2021-12-09",
    "sale_price_cents": "34000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
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    "date_recorded": "2015-05-27",
    "sale_price_cents": "29750000",
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    "source": "taxrecords_nj"
  },
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  },
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    "deed_book": "20875",
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    "deed_date": "2007-06-22",
    "date_recorded": "2007-07-24",
    "sale_price_cents": "31500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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  {
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    "deed_date": "1996-04-12",
    "date_recorded": "1996-05-02",
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  {
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    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 53 Wetmore Ave #1, Morristown, NJ last sold?: The most recent recorded sale was in 2022 for $1.
What is the assessed value of 53 Wetmore Ave #1, Morristown, NJ?: The total municipal assessment is $385,400 (land plus improvements).
What is 53 Wetmore Ave #1, Morristown, NJ worth?: Our model estimates a market value of $393,659, derived from comparable recorded sales nearby.
How many units does 53 Wetmore Ave #1, Morristown, NJ have?: Records show 1 dwelling unit at 53 Wetmore Ave #1, Morristown, NJ.
What kind of property is 53 Wetmore Ave #1, Morristown, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1916.

Based on 18 comparable sales

Address	Sold	Price
61-C Western Ave	2/27/2026	$375,000
51 M L King & Garden St	9/30/2025	$625,000
45 Phoenix Ave	8/11/2025	$430,000
11 Wetmore Ave	5/16/2025	$260,000
11 Wetmore Ave	4/9/2025	$380,000
11D Wetmore Ave	4/9/2025	$380,000
47 Madison St	2/21/2025	$650,000
18 King St	2/19/2025	$925,000
42 Phoenix Ave	2/14/2025	$510,000
28 Elliott St	2/13/2025	$565,000
99 Sussex Ave	10/7/2024	$474,000
61 Wetmore Ave	8/15/2024	$600,000
57 Walker Ave	8/13/2024	$525,557
57 Lake Rd	3/21/2024	$702,000
11 Wetmore Ave	1/8/2024	$390,000
11B Wetmore Ave	1/8/2024	$390,000
30 Sussex Ave	8/9/2023	$316,000
107 Mills St	5/31/2023	$425,000

Sales history

7/13/2022$1
taxrecords_njBk 24451 / Pg 1455
6/8/2022$1
MOD-IV (Rutgers)Bk 24451 / Pg 1455
12/9/2021$340,000
taxrecords_njBk 24288 / Pg 426
9/24/2021$340,000
MOD-IV (Rutgers)Bk 24288 / Pg 426
5/27/2015$297,500
taxrecords_njBk 22715 / Pg 1445
3/26/2015$297,500
MOD-IV (Rutgers)Bk 22715 / Pg 1445
7/24/2007$315,000
taxrecords_njBk 20875 / Pg 197
6/22/2007$315,000
MOD-IV (Rutgers)Bk 20875 / Pg 197
12/22/2003$230,000
taxrecords_njBk 5982 / Pg 55
11/4/2003$230,000
MOD-IV (Rutgers)Bk 5982 / Pg 55
5/21/2001$161,000
taxrecords_njBk 5378 / Pg 10
4/27/2001$161,000
MOD-IV (Rutgers)Bk 5378 / Pg 10
5/2/1996$117,750
taxrecords_njBk 4366 / Pg 187
4/12/1996$117,750
MOD-IV (Rutgers)Bk 4366 / Pg 187
3/27/1989$157,000
MOD-IV (Rutgers)Bk 2844 / Pg 299
12/30/1985$1
MOD-IV (Rutgers)Bk 2844 / Pg 299

Date	Price	Book / Page	Source
7/13/2022	$1	24451 / 1455	taxrecords_nj
6/8/2022	$1	24451 / 1455	MOD-IV (Rutgers)
12/9/2021	$340,000	24288 / 426	taxrecords_nj
9/24/2021	$340,000	24288 / 426	MOD-IV (Rutgers)
5/27/2015	$297,500	22715 / 1445	taxrecords_nj
3/26/2015	$297,500	22715 / 1445	MOD-IV (Rutgers)
7/24/2007	$315,000	20875 / 197	taxrecords_nj
6/22/2007	$315,000	20875 / 197	MOD-IV (Rutgers)
12/22/2003	$230,000	5982 / 55	taxrecords_nj