When was 7 Prospect Street, Far Hills Boro, NJ last sold?

The most recent recorded sale was in 2001 for $354,900.

What is the assessed value of 7 Prospect Street, Far Hills Boro, NJ?

The total municipal assessment is $641,500 (land plus improvements).

What is 7 Prospect Street, Far Hills Boro, NJ worth?

Our model estimates a market value of $608,749, derived from comparable recorded sales nearby.

How many units does 7 Prospect Street, Far Hills Boro, NJ have?

Records show 1 dwelling unit at 7 Prospect Street, Far Hills Boro, NJ.

What kind of property is 7 Prospect Street, Far Hills Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1910.

parceldata.nj

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7 Prospect Street, Far Hills Boro, NJ — owner, sales, deeds · parceldata

7 Prospect Street

Far Hills Boro, NJ·Somerset County

1807·block 10·lot 5

$608,749estimated value

Last sale

$354,900

8/7/2001 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1910

Building size

2,439 sq ft

Lot size

0.11 ac

Land description

.11

Building description

2S-F

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$641,500

Land value

$260,700

Improvement value

$380,800

Last year's tax

$7,191

Last MOD-IV sale

$3,549

MOD-IV deed date

8/7/2001

Owner mailing address

Po Box 262
Far Hills Nj 07931

Estimated market value

$608,749

range $517,437 – $700,062

moderate confidence

Assessment-implied: $608,749; Director's Ratio 1.0538 (2025)
Comparable sales: 1 (below threshold)

Estimated value, last 10 years

2016: $341,023 → 2025: $608,749

Based on 1 comparable sale

Bordering

200-ft notice list →

12 Spring Street
Lot 12·$477,100
10 Spring Street
Lot 13·$480,700
5 Prospect Street
Lot 4·$680,600
9 Prospect Street
Lot 6·$676,900

Block 10All of Block 10 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "PO BOX 262 FAR HILLS NJ 07931"
    ],
    "zipKeys": [
      "PO BOX 262 07931"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1807_10_5",
  "county_code": "18",
  "district_code": "07",
  "block": "10",
  "lot": "5",
  "qualifier": "",
  "property_location": "7 Prospect Street",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "2S-F",
  "land_desc": ".11",
  "year_built": 1910,
  "living_sqft": 2439,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "26070000",
  "improvement_value_cents": "38080000",
  "net_value_cents": "64150000",
  "last_yr_tx_cents": "719140",
  "deed_date": "2001-08-07",
  "deed_book": "05027",
  "deed_page": "01661",
  "sale_price_cents": "354900",
  "sales_code": null,
  "owner_mailing_street": "Po Box 262",
  "owner_mailing_city_state_zip": "Far Hills  Nj 07931",
  "mun_name": "FAR HILLS BORO",
  "calc_acre": "0.110000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.63836892427508,
  "centroid_lat": 40.68532200102622
}

SR1A

[
  {
    "id": "10e2b967-9e83-4e94-bf7e-d15327b395c0",
    "property_id": "7edf1d34-8218-4d1d-8bdd-b66106a9dd06",
    "county_code": "18",
    "district_code": "07",
    "block": "10",
    "lot": "5",
    "qualifier": "",
    "deed_book": "5027",
    "deed_page": "1661",
    "deed_date": "2001-08-07",
    "date_recorded": "2001-08-07",
    "sale_price_cents": "35490000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "80615e42-822a-40fb-9123-630e86fced02",
    "property_id": "7edf1d34-8218-4d1d-8bdd-b66106a9dd06",
    "county_code": "18",
    "district_code": "07",
    "block": "10",
    "lot": "5",
    "qualifier": "",
    "deed_book": "05027",
    "deed_page": "01661",
    "deed_date": "2001-08-07",
    "date_recorded": "2001-08-07",
    "sale_price_cents": "354900",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "d51bdb4d-d353-410e-915f-1b6f5684681d",
    "property_id": "7edf1d34-8218-4d1d-8bdd-b66106a9dd06",
    "county_code": "18",
    "district_code": "07",
    "block": "10",
    "lot": "5",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1997-10-17",
    "sale_price_cents": "10500",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "bd1d8b60-8fbc-4546-8eb6-202002763e58",
    "property_id": "7edf1d34-8218-4d1d-8bdd-b66106a9dd06",
    "county_code": "18",
    "district_code": "07",
    "block": "10",
    "lot": "5",
    "qualifier": "",
    "deed_book": "2138",
    "deed_page": "435",
    "deed_date": "1997-10-17",
    "date_recorded": "1997-10-17",
    "sale_price_cents": "10500",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "ef63f498-10dd-49db-a9b2-13909a69a1ec",
    "property_id": "7edf1d34-8218-4d1d-8bdd-b66106a9dd06",
    "county_code": "18",
    "district_code": "07",
    "block": "10",
    "lot": "5",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1975-01-10",
    "sale_price_cents": "2200000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "8d3c0fc5-e511-4366-8f31-2cbf9426a277",
    "property_id": "7edf1d34-8218-4d1d-8bdd-b66106a9dd06",
    "county_code": "18",
    "district_code": "07",
    "block": "10",
    "lot": "5",
    "qualifier": "",
    "deed_book": "1309",
    "deed_page": "286",
    "deed_date": "1975-01-10",
    "date_recorded": "1975-01-10",
    "sale_price_cents": "2200000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 7 Prospect Street, Far Hills Boro, NJ last sold?: The most recent recorded sale was in 2001 for $354,900.
What is the assessed value of 7 Prospect Street, Far Hills Boro, NJ?: The total municipal assessment is $641,500 (land plus improvements).
What is 7 Prospect Street, Far Hills Boro, NJ worth?: Our model estimates a market value of $608,749, derived from comparable recorded sales nearby.
How many units does 7 Prospect Street, Far Hills Boro, NJ have?: Records show 1 dwelling unit at 7 Prospect Street, Far Hills Boro, NJ.
What kind of property is 7 Prospect Street, Far Hills Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1910.

Sales history

8/7/2001$354,900
MOD-IV (Rutgers)Bk 5027 / Pg 1661
8/7/2001$3,549
TaxDataHubBk 05027 / Pg 01661
10/17/1997$105
TaxDataHub
10/17/1997$105
MOD-IV (Rutgers)Bk 2138 / Pg 435
1/10/1975$22,000
TaxDataHub
1/10/1975$22,000
MOD-IV (Rutgers)Bk 1309 / Pg 286

Date	Price	Book / Page	Source
8/7/2001	$354,900	5027 / 1661	MOD-IV (Rutgers)
8/7/2001	$3,549	05027 / 01661	TaxDataHub
10/17/1997	$105	—	TaxDataHub
10/17/1997	$105	2138 / 435	MOD-IV (Rutgers)
1/10/1975	$22,000	—	TaxDataHub
1/10/1975	$22,000	1309 / 286	MOD-IV (Rutgers)