What is the assessed value of 9-R Old Chester Road, Peapack Gladstone Boro, NJ?

The total municipal assessment is $878,100 (land plus improvements).

What is 9-R Old Chester Road, Peapack Gladstone Boro, NJ worth?

Our model estimates a market value of $1,066,393, derived from comparable recorded sales nearby.

How many units does 9-R Old Chester Road, Peapack Gladstone Boro, NJ have?

Records show 1 dwelling unit at 9-R Old Chester Road, Peapack Gladstone Boro, NJ.

What kind of property is 9-R Old Chester Road, Peapack Gladstone Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

parceldata.nj

Loading…

9-R Old Chester Road, Peapack Gladstone Boro, NJ — owner, sales, deeds · parceldata

9-R Old Chester Road

Peapack Gladstone Boro, NJ·Somerset County

1815·block 1·lot 5.04

$1,066,393estimated value

Last sale

2/26/2022 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1981

Building size

3,166 sq ft

Lot size

1.19 ac

Land description

1.19

Building description

2S-F

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$878,100

Land value

$336,700

Improvement value

$541,400

Last year's tax

$13,848

Last MOD-IV sale

MOD-IV deed date

2/26/2022

Owner mailing address

Po Box 233
Peapack, Nj 07977

Estimated market value

$1,066,393

range $966,003 – $1,168,915

moderate confidence

Assessment-implied: $872,083; Director's Ratio 1.0069 (2025)
Comp-implied: $1,131,164; 12 comparable sales

Estimated value, last 10 years

2016: $653,976 → 2025: $1,066,393

Based on 12 comparable sales

Address	Sold	Price
7 Patriot Road	9/5/2025	$307,000
1 Brookside Drive	6/17/2024	$1,435,000

Bordering

200-ft notice list →

15 Old Chester Road
Lot 5.02·$905,000
297 Main Street
Lot 5.03·$318,500
299 Main Street
Lot 5.05·$868,700
9 Old Chester Road
Lot 5.06·$697,400

Block 1All of Block 1 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "PO BOX 233 PEAPACK NJ 07977"
    ],
    "zipKeys": [
      "PO BOX 233 07977"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1815_1_5.04",
  "county_code": "18",
  "district_code": "15",
  "block": "1",
  "lot": "5.04",
  "qualifier": "",
  "property_location": "9-R Old Chester Road",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": "2S-F",
  "land_desc": "1.19",
  "year_built": 1981,
  "living_sqft": 3166,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "33670000",
  "improvement_value_cents": "54140000",
  "net_value_cents": "87810000",
  "last_yr_tx_cents": "1384764",
  "deed_date": "2022-02-26",
  "deed_book": "07430",
  "deed_page": "00512",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "Po Box 233",
  "owner_mailing_city_state_zip": "Peapack, Nj 07977",
  "mun_name": "PEAPACK GLADSTONE BORO",
  "calc_acre": "1.190000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "000",
  "fac_name": null,
  "centroid_lon": -74.67019807535524,
  "centroid_lat": 40.72440401162873
}

SR1A

[
  {
    "id": "276bd2fb-f024-40d4-b289-43e93bbe0d1c",
    "property_id": "2cdf6a3d-0ec5-484f-a98e-8c76e7c97d22",
    "county_code": "18",
    "district_code": "15",
    "block": "1",
    "lot": "5.04",
    "qualifier": "",
    "deed_book": "7430",
    "deed_page": "512",
    "deed_date": "2022-02-26",
    "date_recorded": "2022-02-26",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7e94b0b2-5ab9-44b5-a510-efd85421366c",
    "property_id": "2cdf6a3d-0ec5-484f-a98e-8c76e7c97d22",
    "county_code": "18",
    "district_code": "15",
    "block": "1",
    "lot": "5.04",
    "qualifier": "",
    "deed_book": "07430",
    "deed_page": "00512",
    "deed_date": "2022-02-26",
    "date_recorded": "2022-02-26",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 9-R Old Chester Road, Peapack Gladstone Boro, NJ?: The total municipal assessment is $878,100 (land plus improvements).
What is 9-R Old Chester Road, Peapack Gladstone Boro, NJ worth?: Our model estimates a market value of $1,066,393, derived from comparable recorded sales nearby.
How many units does 9-R Old Chester Road, Peapack Gladstone Boro, NJ have?: Records show 1 dwelling unit at 9-R Old Chester Road, Peapack Gladstone Boro, NJ.
What kind of property is 9-R Old Chester Road, Peapack Gladstone Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

Date	Price	Book / Page	Source
2/26/2022	$0	7430 / 512	MOD-IV (Rutgers)
2/26/2022	$0	07430 / 00512	TaxDataHub