When was 48 Monroe Street, Morris Twp, NJ last sold?

The most recent recorded sale was in 2024 for $566,000.

What is the assessed value of 48 Monroe Street, Morris Twp, NJ?

The total municipal assessment is $332,800 (land plus improvements).

What is 48 Monroe Street, Morris Twp, NJ worth?

Our model estimates a market value of $557,663, derived from comparable recorded sales nearby.

How many units does 48 Monroe Street, Morris Twp, NJ have?

Records show 1 dwelling unit at 48 Monroe Street, Morris Twp, NJ.

ElasticParcelNJ

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48 Monroe Street

Morris Twp, NJ 07960·Morris County

1422·block 10301·lot 16

Estimated market value

$557,663

high confidence

range $520,706 – $624,899

Assessment-implied: $456,015; Director's Ratio 0.7298 (2025)
Comp-implied: $388,553; 20 comparable sales

Last sale

$566,000

9/20/2024 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1961

Building size

1,200 sq ft

Lot size

0.19 ac

Land description

0.19 AC

Building description

1.5SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$332,800

Land value

$113,100

Improvement value

$219,700

Last year's tax

$4,811

Last MOD-IV sale

$566,000

MOD-IV deed date

8/23/2024

Owner

KOLAKOWSKI, KRISTIAN

48 Monroe St
Morristown, NJ 07960

Sales history

8/23/2024$566,000
SR1A 2025Bk 24808 / Pg 1602
9/4/2019$339,000
SR1A 2020Bk 23612 / Pg 601
2/15/2017$282,000
MOD-IV (Rutgers)Bk 23137 / Pg 1288
12/1/1997$1
MOD-IV (Rutgers)Bk 4757 / Pg 263

Date	Price	Book / Page	Source
8/23/2024	$566,000	24808 / 1602	SR1A 2025
9/4/2019	$339,000	23612 / 601	SR1A 2020
2/15/2017	$282,000	23137 / 1288	MOD-IV (Rutgers)
12/1/1997	$1	4757 / 263	MOD-IV (Rutgers)

On Monroe Street

Block 10301

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "48 MONROE ST MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "48 MONROE ST 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1422_10301_16",
  "county_code": "14",
  "district_code": "22",
  "block": "10301",
  "lot": "16",
  "qualifier": "",
  "property_location": "48 MONROE ST",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1.5SF",
  "land_desc": "0.19 AC",
  "year_built": 1961,
  "living_sqft": 1200,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "11310000",
  "improvement_value_cents": "21970000",
  "net_value_cents": "33280000",
  "last_yr_tx_cents": "481081",
  "deed_date": "2024-08-23",
  "deed_book": "24808",
  "deed_page": "1602",
  "sale_price_cents": "56600000",
  "sales_code": null,
  "owner_mailing_street": "48 MONROE ST",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "0.190000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.46729423706032,
  "centroid_lat": 40.807369004887015
}

SR1A

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    "property_id": "a9a2816e-f2d5-44f9-89d7-4624860c26b2",
    "county_code": "14",
    "district_code": "22",
    "block": "10301",
    "lot": "16",
    "qualifier": "",
    "deed_book": "24808",
    "deed_page": "1602",
    "deed_date": "2024-08-23",
    "date_recorded": "2024-09-20",
    "sale_price_cents": "56600000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "block": "10301",
    "lot": "16",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2024-08-23",
    "date_recorded": "2024-09-20",
    "sale_price_cents": "56600000",
    "sr1a_year": 2025,
    "source": "sr1a"
  },
  {
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    "block": "10301",
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    "qualifier": "",
    "deed_book": "24808",
    "deed_page": "1602",
    "deed_date": "2024-08-23",
    "date_recorded": "2024-08-23",
    "sale_price_cents": "56600000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "38d2637f-ab66-40af-9641-dff90029d21f",
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    "qualifier": "",
    "deed_book": "23612",
    "deed_page": "601",
    "deed_date": "2019-09-04",
    "date_recorded": "2019-09-11",
    "sale_price_cents": "33900000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "deed_date": "2019-09-04",
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    "source": "sr1a"
  },
  {
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    "deed_book": "23612",
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    "deed_date": "2019-09-04",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "deed_date": "2017-02-15",
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    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "deed_date": "2017-02-15",
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    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "f47ac1f1-255e-4b4c-80ae-2e41e0895ef1",
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    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "deed_book": "23137",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d89deb1b-9b5d-41dd-b8fc-2f007fabfe9c",
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    "block": "10301",
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    "deed_book": "4757",
    "deed_page": "263",
    "deed_date": "1997-12-01",
    "date_recorded": "1998-05-04",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "block": "10301",
    "lot": "16",
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    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked

When was 48 Monroe Street, Morris Twp, NJ last sold?: The most recent recorded sale was in 2024 for $566,000.
What is the assessed value of 48 Monroe Street, Morris Twp, NJ?: The total municipal assessment is $332,800 (land plus improvements).
What is 48 Monroe Street, Morris Twp, NJ worth?: Our model estimates a market value of $557,663, derived from comparable recorded sales nearby.
How many units does 48 Monroe Street, Morris Twp, NJ have?: Records show 1 dwelling unit at 48 Monroe Street, Morris Twp, NJ.
What kind of property is 48 Monroe Street, Morris Twp, NJ?: It is a Residential Property.

Loading parcel record…

48 Monroe St

48 Monroe Street, Morris Twp, NJ — owner, sales, deeds · ElasticParcel

48 Monroe Street

Morris Twp, NJ 07960·Morris County

1422·block 10301·lot 16

Estimated market value

$557,663

high confidence

range $520,706 – $624,899

Assessment-implied: $456,015; Director's Ratio 0.7298 (2025)
Comp-implied: $388,553; 20 comparable sales

Last sale

$566,000

9/20/2024 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1961

Building size

1,200 sq ft

Lot size

0.19 ac

Land description

0.19 AC

Building description

1.5SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$332,800

Land value

$113,100

Improvement value

$219,700

Last year's tax

$4,811

Last MOD-IV sale

$566,000

MOD-IV deed date

8/23/2024

Owner

KOLAKOWSKI, KRISTIAN

48 Monroe St
Morristown, NJ 07960

Sales history

8/23/2024$566,000
SR1A 2025Bk 24808 / Pg 1602
9/4/2019$339,000
SR1A 2020Bk 23612 / Pg 601
2/15/2017$282,000
MOD-IV (Rutgers)Bk 23137 / Pg 1288
12/1/1997$1
MOD-IV (Rutgers)Bk 4757 / Pg 263

Date	Price	Book / Page	Source
8/23/2024	$566,000	24808 / 1602	SR1A 2025
9/4/2019	$339,000	23612 / 601	SR1A 2020
2/15/2017	$282,000	23137 / 1288	MOD-IV (Rutgers)
12/1/1997	$1	4757 / 263	MOD-IV (Rutgers)

On Monroe Street

Block 10301

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "48 MONROE ST MORRISTOWN NJ 07960"
    ],
    "zipKeys": [
      "48 MONROE ST 07960"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1422_10301_16",
  "county_code": "14",
  "district_code": "22",
  "block": "10301",
  "lot": "16",
  "qualifier": "",
  "property_location": "48 MONROE ST",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1.5SF",
  "land_desc": "0.19 AC",
  "year_built": 1961,
  "living_sqft": 1200,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "11310000",
  "improvement_value_cents": "21970000",
  "net_value_cents": "33280000",
  "last_yr_tx_cents": "481081",
  "deed_date": "2024-08-23",
  "deed_book": "24808",
  "deed_page": "1602",
  "sale_price_cents": "56600000",
  "sales_code": null,
  "owner_mailing_street": "48 MONROE ST",
  "owner_mailing_city_state_zip": "MORRISTOWN, NJ  07960",
  "mun_name": "MORRIS TWP",
  "calc_acre": "0.190000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.46729423706032,
  "centroid_lat": 40.807369004887015
}

SR1A

[
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    "property_id": "a9a2816e-f2d5-44f9-89d7-4624860c26b2",
    "county_code": "14",
    "district_code": "22",
    "block": "10301",
    "lot": "16",
    "qualifier": "",
    "deed_book": "24808",
    "deed_page": "1602",
    "deed_date": "2024-08-23",
    "date_recorded": "2024-09-20",
    "sale_price_cents": "56600000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
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    "sr1a_year": 2025,
    "source": "sr1a"
  },
  {
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    "date_recorded": "2024-08-23",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "source": "taxrecords_nj"
  },
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  },
  {
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    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
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    "deed_date": "2017-02-15",
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    "sale_price_cents": "28200000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6c57e78a-a82e-4475-a427-5f56b88bde6c",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d89deb1b-9b5d-41dd-b8fc-2f007fabfe9c",
    "property_id": "a9a2816e-f2d5-44f9-89d7-4624860c26b2",
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    "district_code": "22",
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    "deed_date": "1997-12-01",
    "date_recorded": "1998-05-04",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked

When was 48 Monroe Street, Morris Twp, NJ last sold?: The most recent recorded sale was in 2024 for $566,000.
What is the assessed value of 48 Monroe Street, Morris Twp, NJ?: The total municipal assessment is $332,800 (land plus improvements).
What is 48 Monroe Street, Morris Twp, NJ worth?: Our model estimates a market value of $557,663, derived from comparable recorded sales nearby.
How many units does 48 Monroe Street, Morris Twp, NJ have?: Records show 1 dwelling unit at 48 Monroe Street, Morris Twp, NJ.
What kind of property is 48 Monroe Street, Morris Twp, NJ?: It is a Residential Property.

Based on 20 comparable sales

Address	Sold	Price
31 E Hanover Ave	2/9/2026	$555,000
19 Emmett Ave	1/20/2026	$440,000
16 Dellwood Ave	1/13/2026	$675,000
4 Elder Dr	12/30/2025	$775,000
20 Kennedy Rd	12/26/2025	$659,900
22 Kennedy Rd	8/27/2025	$620,000
41 Hillcrest Ave	1/6/2025	$807,000
47 Hillcrest Ave	11/14/2024	$750,000
50 White Birch Rd	11/8/2024	$555,000
16 Dellwood Ave	9/25/2024	$500,000
3 Sherman Pl	5/6/2024	$680,000
10 Center Ave	3/8/2024	$605,000
50 White Birch Rd	2/5/2024	$453,000
117 Woodland Ave	1/9/2024	$669,000
221 E Hanover Ave	12/6/2023	$490,000
49 Sherwood Dr	10/31/2023	$675,000
10 Lake Valley Rd	10/18/2023	$530,000
38 East Lake Blvd	10/3/2023	$570,000
53 Fairmount Ave	8/31/2023	$590,000
136 Hillcrest Ave	7/17/2023	$565,000

Estimated market value

Property

Tax & Assessment

Sales history

Frequently asked

Estimated market value

Property

Tax & Assessment

Sales history

Frequently asked

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