When was 85 Franklin Rd/7b, Victory Gardens Boro, NJ last sold?

The most recent recorded sale was in 2021 for $2,055,000.

What is the assessed value of 85 Franklin Rd/7b, Victory Gardens Boro, NJ?

The total municipal assessment is $836,200 (land plus improvements).

What is 85 Franklin Rd/7b, Victory Gardens Boro, NJ worth?

Our model estimates a market value of $2,669,737, derived from comparable recorded sales nearby.

What kind of property is 85 Franklin Rd/7b, Victory Gardens Boro, NJ?

MOD-IV classifies it as Commercial (class 4A).

parceldata.nj

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85 Franklin Rd/7b, Victory Gardens Boro, NJ — owner, sales, deeds · parceldata

85 Franklin Rd/7b

Victory Gardens Boro, NJ·Morris County

1437·block 1·lot 1.14

$2,669,737estimated value

Last sale

$2,055,000

11/18/2021 · taxrecords_nj

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

15,000 sq ft

Lot size

0.34 ac

Land description

15000 SF

Building description

CONDO 7B

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$836,200

Land value

$180,000

Improvement value

$656,200

Last year's tax

$27,419

Last MOD-IV sale

$2,055,000

MOD-IV deed date

7/28/2021

Owner mailing address

34 WINCHESTER RD
RANDOLPH, NJ 07869

Estimated market value

$2,669,737

range $2,355,368 – $2,984,105

high confidence

Assessment-implied: $1,600,077; Director's Ratio 0.5226 (2025)
Comparable sales: none in 36 months

Estimated value, last 11 years

2016: $1,225,453 → 2026: $2,669,737

dots are actual sale prices for this property

Sales history

11/18/2021$2,055,000
taxrecords_njBk 24271 / Pg 213
7/28/2021$2,055,000
MOD-IV (Rutgers)Bk 24271 / Pg 213

Date	Price	Book / Page	Source

Bordering

200-ft notice list →

85 Franklin Rd
Lot 1
85 Franklin Rd/6b
Lot 1.13·$350,100
85 Franklin Rd/8b
Lot 1.15·$620,800

Block 1All of Block 1 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "34 WINCHESTER RD RANDOLPH NJ 07869"
    ],
    "zipKeys": [
      "34 WINCHESTER RD 07869"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1437_1_1.14",
  "county_code": "14",
  "district_code": "37",
  "block": "1",
  "lot": "1.14",
  "qualifier": "",
  "property_location": "85 FRANKLIN RD/7B",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": "CONDO 7B",
  "land_desc": "15000 SF",
  "year_built": null,
  "living_sqft": 15000,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "18000000",
  "improvement_value_cents": "65620000",
  "net_value_cents": "83620000",
  "last_yr_tx_cents": "2741900",
  "deed_date": "2021-07-28",
  "deed_book": "24271",
  "deed_page": "213",
  "sale_price_cents": "205500000",
  "sales_code": null,
  "owner_mailing_street": "34 WINCHESTER RD",
  "owner_mailing_city_state_zip": "RANDOLPH, NJ  07869",
  "mun_name": "VICTORY GARDENS BORO",
  "calc_acre": "0.344000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "331",
  "fac_name": null,
  "centroid_lon": -74.5383238631045,
  "centroid_lat": 40.87999908404774
}

SR1A

[
  {
    "id": "a0f2db95-11f0-4ffd-96f7-1029b8f46ce4",
    "property_id": "0d5694ee-2c7e-4679-bf39-e466302a2d67",
    "county_code": "14",
    "district_code": "37",
    "block": "1",
    "lot": "1.14",
    "qualifier": "",
    "deed_book": "24271",
    "deed_page": "213",
    "deed_date": "2021-07-28",
    "date_recorded": "2021-11-18",
    "sale_price_cents": "205500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "0d024ee0-217b-4f6a-b48e-a42707394a25",
    "property_id": "0d5694ee-2c7e-4679-bf39-e466302a2d67",
    "county_code": "14",
    "district_code": "37",
    "block": "1",
    "lot": "1.14",
    "qualifier": "",
    "deed_book": "24271",
    "deed_page": "213",
    "deed_date": "2021-07-28",
    "date_recorded": "2021-07-28",
    "sale_price_cents": "205500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 85 Franklin Rd/7b, Victory Gardens Boro, NJ last sold?: The most recent recorded sale was in 2021 for $2,055,000.
What is the assessed value of 85 Franklin Rd/7b, Victory Gardens Boro, NJ?: The total municipal assessment is $836,200 (land plus improvements).
What is 85 Franklin Rd/7b, Victory Gardens Boro, NJ worth?: Our model estimates a market value of $2,669,737, derived from comparable recorded sales nearby.
What kind of property is 85 Franklin Rd/7b, Victory Gardens Boro, NJ?: MOD-IV classifies it as Commercial (class 4A).

11/18/2021	$2,055,000	24271 / 213	taxrecords_nj
7/28/2021	$2,055,000	24271 / 213	MOD-IV (Rutgers)