When was 16 Prospect Street, Far Hills Boro, NJ last sold?

The most recent recorded sale was in 2015 for $258,000.

What is the assessed value of 16 Prospect Street, Far Hills Boro, NJ?

The total municipal assessment is $423,400 (land plus improvements).

What is 16 Prospect Street, Far Hills Boro, NJ worth?

Our model estimates a market value of $401,784, derived from comparable recorded sales nearby.

How many units does 16 Prospect Street, Far Hills Boro, NJ have?

Records show 1 dwelling unit at 16 Prospect Street, Far Hills Boro, NJ.

What kind of property is 16 Prospect Street, Far Hills Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1920.

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

16 Prospect Street

Far Hills Boro, NJ·Somerset County

1807·block 11·lot 9

$401,784estimated value

Last sale

$258,000

11/20/2015 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1920

Building size

1,212 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

$423,400

Land value

$260,700

Improvement value

$162,700

Last year's tax

$4,911

Last MOD-IV sale

$2,580

MOD-IV deed date

11/20/2015

Owner mailing address

Po Box 594
Far Hills, Nj 07931

Estimated market value

$401,784

range $341,516 – $462,052

moderate confidence

Assessment-implied: $401,784; Director's Ratio 1.0538 (2025)
Comparable sales: 1 (below threshold)

Estimated value, last 10 years

2016: $225,081 → 2025: $401,784

Based on 1 comparable sale

Address	Sold	Price
7 Spring Street	12/11/2024	$509,000

Sales history

Bordering

200-ft notice list →

14 Prospect St
Lot 10·$527,200
11 Dumont Road
Lot 5.01·$697,100
13 Dumont Road
Lot 5.02·$532,300
17 Dumont Road
Lot 6·$606,600
18 Prospect Street
Lot 8·$386,900

Block 11All of Block 11 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "PO BOX 594 FAR HILLS NJ 07931"
    ],
    "zipKeys": [
      "PO BOX 594 07931"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1807_11_9",
  "county_code": "18",
  "district_code": "07",
  "block": "11",
  "lot": "9",
  "qualifier": "",
  "property_location": "16 Prospect Street",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": "2S-F",
  "land_desc": ".11",
  "year_built": 1920,
  "living_sqft": 1212,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "26070000",
  "improvement_value_cents": "16270000",
  "net_value_cents": "42340000",
  "last_yr_tx_cents": "491144",
  "deed_date": "2015-11-20",
  "deed_book": "06838",
  "deed_page": "01745",
  "sale_price_cents": "258000",
  "sales_code": "A",
  "owner_mailing_street": "Po Box 594",
  "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": -74.63745599012157,
  "centroid_lat": 40.685306079672124
}

SR1A

[
  {
    "id": "e477f2b5-3dab-4c33-8ebb-5897cfeeb5ca",
    "property_id": "70548e66-35c7-4776-91a9-862dc88c15ee",
    "county_code": "18",
    "district_code": "07",
    "block": "11",
    "lot": "9",
    "qualifier": "",
    "deed_book": "6838",
    "deed_page": "1745",
    "deed_date": "2015-11-20",
    "date_recorded": "2015-11-20",
    "sale_price_cents": "25800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "557cf632-5d67-4264-8c74-846f77476ff0",
    "property_id": "70548e66-35c7-4776-91a9-862dc88c15ee",
    "county_code": "18",
    "district_code": "07",
    "block": "11",
    "lot": "9",
    "qualifier": "",
    "deed_book": "06838",
    "deed_page": "01745",
    "deed_date": "2015-11-20",
    "date_recorded": "2015-11-20",
    "sale_price_cents": "258000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "a2270389-b0a7-45b6-b366-461f9641821d",
    "property_id": "70548e66-35c7-4776-91a9-862dc88c15ee",
    "county_code": "18",
    "district_code": "07",
    "block": "11",
    "lot": "9",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1965-06-22",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

When was 16 Prospect Street, Far Hills Boro, NJ last sold?: The most recent recorded sale was in 2015 for $258,000.
What is the assessed value of 16 Prospect Street, Far Hills Boro, NJ?: The total municipal assessment is $423,400 (land plus improvements).
What is 16 Prospect Street, Far Hills Boro, NJ worth?: Our model estimates a market value of $401,784, derived from comparable recorded sales nearby.
How many units does 16 Prospect Street, Far Hills Boro, NJ have?: Records show 1 dwelling unit at 16 Prospect Street, Far Hills Boro, NJ.
What kind of property is 16 Prospect Street, Far Hills Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1920.

Date	Price	Book / Page	Source
11/20/2015	$258,000	6838 / 1745	MOD-IV (Rutgers)
11/20/2015	$2,580	06838 / 01745	TaxDataHub
6/22/1965	$0	—	TaxDataHub