What is the assessed value of 1 Old Ln, Rockaway Twp, NJ?

The total municipal assessment is $474,800 (land plus improvements).

What is 1 Old Ln, Rockaway Twp, NJ worth?

Our model estimates a market value of $566,520, derived from comparable recorded sales nearby.

What kind of property is 1 Old Ln, Rockaway Twp, NJ?

MOD-IV classifies it as Commercial (class 4A). Year built: 1900.

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1 Old Ln, Rockaway Twp, NJ — owner, sales, deeds · parceldata

1 Old Ln

Rockaway Twp, NJ·Morris County

1435·block 40309·lot 1

$566,520estimated value

Last sale

5/31/2005 · taxrecords_nj

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

Property

Type

Commercial

Tax class

Commercial

Year built

1900

Building size

1,015 sq ft

Lot size

0.30 ac

Land description

.303 AC

Building description

1SF-LOG OFFICE

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$474,800

Land value

$330,600

Improvement value

$144,200

Last year's tax

$11,007

Last MOD-IV sale

—

MOD-IV deed date

—

Owner mailing address

1 OLD LN RR2
NEWFOUNDLAND, NJ 07435

Estimated market value

$566,520

range $481,542 – $651,497

moderate confidence

Assessment-implied: $566,520; Director's Ratio 0.8381 (2025)
Comparable sales: 4 (below threshold)

Estimated value, last 11 years

2016: $362,572 → 2026: $566,520

Based on 4 comparable sales

Address	Sold	Price
61 Norman Rd	11/13/2025	$401,000
61 Norman Rd	3/3/2025	$377,500

Bordering

200-ft notice list →

1033 Green Pond Rd
Lot 1·$2,347,100
3 Old Ln
Lot 2·$599,000
4 Shadyside Ln
Lot 23·$327,900
2 Shadyside Ln
Lot 24·$710,600

Block 40309All of Block 40309 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 9,
  "portfolioKeys": {
    "fullKeys": [
      "1 OLD LN RR2 NEWFOUNDLAND NJ 07435"
    ],
    "zipKeys": [
      "1 OLD LN RR2 07435"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1435_40309_1",
  "county_code": "14",
  "district_code": "35",
  "block": "40309",
  "lot": "1",
  "qualifier": "",
  "property_location": "1 OLD LN",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "1SF-LOG OFFICE",
  "land_desc": ".303 AC",
  "year_built": 1900,
  "living_sqft": 1015,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "33060000",
  "improvement_value_cents": "14420000",
  "net_value_cents": "47480000",
  "last_yr_tx_cents": "1100725",
  "deed_date": null,
  "deed_book": "00000",
  "deed_page": "00000",
  "sale_price_cents": null,
  "sales_code": null,
  "owner_mailing_street": "1 OLD LN RR2",
  "owner_mailing_city_state_zip": "NEWFOUNDLAND, NJ  07435",
  "mun_name": "ROCKAWAY TWP",
  "calc_acre": "0.303000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "560",
  "fac_name": null,
  "centroid_lon": -74.47767355676262,
  "centroid_lat": 41.017264593174346
}

SR1A

[
  {
    "id": "51fa9cd5-f8f4-4e41-b67d-f5eb02443126",
    "property_id": "0c222de2-d972-47eb-a426-b75c66128e65",
    "county_code": "14",
    "district_code": "35",
    "block": "40309",
    "lot": "1",
    "qualifier": "",
    "deed_book": "6342",
    "deed_page": "274",
    "deed_date": "2005-05-10",
    "date_recorded": "2005-05-31",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "349a784d-4eb0-4e64-8a64-8a83fd8590ad",
    "property_id": "0c222de2-d972-47eb-a426-b75c66128e65",
    "county_code": "14",
    "district_code": "35",
    "block": "40309",
    "lot": "1",
    "qualifier": "",
    "deed_book": "6342",
    "deed_page": "274",
    "deed_date": "2005-05-10",
    "date_recorded": "2005-05-10",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 1 Old Ln, Rockaway Twp, NJ?: The total municipal assessment is $474,800 (land plus improvements).
What is 1 Old Ln, Rockaway Twp, NJ worth?: Our model estimates a market value of $566,520, derived from comparable recorded sales nearby.
What kind of property is 1 Old Ln, Rockaway Twp, NJ?: MOD-IV classifies it as Commercial (class 4A). Year built: 1900.

Date	Price	Book / Page	Source
5/31/2005	$0	6342 / 274	taxrecords_nj
5/10/2005	$0	6342 / 274	MOD-IV (Rutgers)