What is the assessed value of 3 Reed Road, Morris Twp, NJ?

The total municipal assessment is $730,700 (land plus improvements).

What is 3 Reed Road, Morris Twp, NJ worth?

Our model estimates a market value of $1,112,808, derived from comparable recorded sales nearby.

How many units does 3 Reed Road, Morris Twp, NJ have?

Records show 1 dwelling unit at 3 Reed Road, Morris Twp, NJ.

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3 Reed Road

Morris Twp, NJ 07960·Morris County

Estimated market value

$1,112,808

high confidence

range $962,762 – $1,712,855

Assessment-implied: $1,001,233; Director's Ratio 0.7298 (2025)
Comp-implied: $1,150,000; 23 comparable sales

Based on 23 comparable sales

Address	Sold	Price
91 Harter Rd	2/10/2026	$625,000
40 Lord Wm Penn Dr	1/20/2026	$1,325,000
39 Egbert Ave

Last sale

—

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1971

Building size

3,885 sq ft

Lot size

3.15 ac

Land description

3.15 AC

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$730,700

Land value

$383,800

Improvement value

$346,900

Last year's tax

$14,379

Last MOD-IV sale

—

MOD-IV deed date

—

Owner

TROYAN, GEORGE W & GENEVIEVE J

3 Reed Rd
Morristown, NJ 07960

Sales history

No sale records on file.

Deeds

No deeds on file. Click Fetch metadata to pull the title chain from the county clerk.

Properties on Reed Road

Properties on Block 4302

Frequently asked

What is the assessed value of 3 Reed Road, Morris Twp, NJ?: The total municipal assessment is $730,700 (land plus improvements).
What is 3 Reed Road, Morris Twp, NJ worth?: Our model estimates a market value of $1,112,808, derived from comparable recorded sales nearby.
How many units does 3 Reed Road, Morris Twp, NJ have?: Records show 1 dwelling unit at 3 Reed Road, Morris Twp, NJ.
What kind of property is 3 Reed Road, Morris Twp, NJ?: It is a Residential Property.

1422·block 4302·lot 2

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3 Reed Rd

3 Reed Road, Morris Twp, NJ — owner, sales, deeds · ElasticParcel