What is the assessed value of 3 Spring Street, Far Hills Boro, NJ?

The total municipal assessment is $431,200 (land plus improvements).

What is 3 Spring Street, Far Hills Boro, NJ worth?

Our model estimates a market value of $873,629, derived from comparable recorded sales nearby.

How many units does 3 Spring Street, Far Hills Boro, NJ have?

Records show 5 dwelling units at 3 Spring Street, Far Hills Boro, NJ.

What kind of property is 3 Spring Street, Far Hills Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1900.

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3 Spring Street, Far Hills Boro, NJ — owner, sales, deeds · parceldata

3 Spring Street

Far Hills Boro, NJ·Somerset County

1807·block 9·lot 2.01

$873,629estimated value

Units

from MOD-IV (2-char max)

Last sale

10/3/2023 · MOD-IV (Rutgers)

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

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1900

Building size

1,596 sq ft

Lot size

0.12 ac

Land description

.124

Building description

2S-F

Dwelling / commercial units

5 dw / 0 comm

Tax & Assessment

Net assessed value

$431,200

Land value

$261,500

Improvement value

$169,700

Last year's tax

$5,002

Last MOD-IV sale

MOD-IV deed date

10/3/2023

Owner mailing address

636 Morris Tpke Ste 3C
Short Hills, Nj 07078

Estimated market value

$873,629

range $771,737 – $975,521

high confidence

Assessment-implied: $409,186; Director's Ratio 1.0538 (2025)
Comparable sales: none in 36 months

Estimated value, last 10 years

2016: $489,410 → 2025: $873,629

dots are actual sale prices for this property

Sales history

10/3/2023$0
MOD-IV (Rutgers)Bk 7530 / Pg 2059
10/3/2023$0
TaxDataHubBk 07530 / Pg 02059
11/24/2021

Block 9All of Block 9 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 2,
  "portfolioKeys": {
    "fullKeys": [
      "636 MORRIS TPKE STE 3C SHORT HILLS NJ 07078"
    ],
    "zipKeys": [
      "636 MORRIS TPKE STE 3C 07078"
    ]
  },
  "effective_unit_count": 5,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1807_9_2.01",
  "county_code": "18",
  "district_code": "07",
  "block": "9",
  "lot": "2.01",
  "qualifier": "",
  "property_location": "3 Spring Street",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": "2S-F",
  "land_desc": ".124",
  "year_built": 1900,
  "living_sqft": 1596,
  "dwelling_units": 5,
  "comm_dwell": null,
  "land_value_cents": "26150000",
  "improvement_value_cents": "16970000",
  "net_value_cents": "43120000",
  "last_yr_tx_cents": "500192",
  "deed_date": "2023-10-03",
  "deed_book": "07530",
  "deed_page": "02059",
  "sale_price_cents": "0",
  "sales_code": null,
  "owner_mailing_street": "636 Morris Tpke Ste 3C",
  "owner_mailing_city_state_zip": "Short Hills, Nj 07078",
  "mun_name": "FAR HILLS BORO",
  "calc_acre": "0.124000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.639249,
  "centroid_lat": 40.685426
}

SR1A

[
  {
    "id": "9558b6ea-1f4a-4984-9380-ac823beade42",
    "property_id": "f8b5c03a-f8f0-4824-a5f4-7356bd83f37c",
    "county_code": "18",
    "district_code": "07",
    "block": "9",
    "lot": "2.01",
    "qualifier": "",
    "deed_book": "7530",
    "deed_page": "2059",
    "deed_date": "2023-10-03",
    "date_recorded": "2023-10-03",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "33d7c906-d647-4281-aba9-2193df0eb9ae",
    "property_id": "f8b5c03a-f8f0-4824-a5f4-7356bd83f37c",
    "county_code": "18",
    "district_code": "07",
    "block": "9",
    "lot": "2.01",
    "qualifier": "",
    "deed_book": "07530",
    "deed_page": "02059",
    "deed_date": "2023-10-03",
    "date_recorded": "2023-10-03",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "4e80afbb-7788-491f-8732-7c23498e67b5",
    "property_id": "f8b5c03a-f8f0-4824-a5f4-7356bd83f37c",
    "county_code": "18",
    "district_code": "07",
    "block": "9",
    "lot": "2.01",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "2021-11-24",
    "sale_price_cents": "52500000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

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Frequently asked questions

What is the assessed value of 3 Spring Street, Far Hills Boro, NJ?: The total municipal assessment is $431,200 (land plus improvements).
What is 3 Spring Street, Far Hills Boro, NJ worth?: Our model estimates a market value of $873,629, derived from comparable recorded sales nearby.
How many units does 3 Spring Street, Far Hills Boro, NJ have?: Records show 5 dwelling units at 3 Spring Street, Far Hills Boro, NJ.
What kind of property is 3 Spring Street, Far Hills Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1900.

Date	Price	Book / Page	Source
10/3/2023	$0	7530 / 2059	MOD-IV (Rutgers)
10/3/2023	$0	07530 / 02059	TaxDataHub
11/24/2021	$525,000	—	TaxDataHub