What is the assessed value of 2 North Oak Court, Morris Twp, NJ?

The total municipal assessment is $15,200 (land plus improvements).

What is 2 North Oak Court, Morris Twp, NJ worth?

Our model estimates a market value of $20,828, derived from comparable recorded sales nearby.

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2 North Oak Court

Morris Twp, NJ 07940·Morris County

Estimated market value

$20,828

moderate confidence

range $17,703 – $23,952

Assessment-implied: $20,828; Director's Ratio 0.7298 (2025)
Comparable sales: 4 (below threshold)

Based on 4 comparable sales

Address	Sold	Price
60 Spring Valley Rd	12/29/2025	$999,700
234 Mt Kemble Ave	10/17/2025	$550,000
Sussex Ave	4/1/2025	$830,000
Whitney Ave	2/26/2024	$999,999

Last sale

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1 other property share this owner's mailing address.View portfolio →

Property

Type

Vacant land

Tax class

Vacant land

Year built

—

Building size

—

Lot size

0.15 ac

Land description

0.39 AC

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$15,200

Land value

$15,200

Improvement value

—

Last year's tax

$304

Last MOD-IV sale

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MOD-IV deed date

—

Owner

FORMICOLA, ALLAN J & JO-RENEE

2 North Oak CT
Madison, NJ 07940

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 North Oak Court

Properties on Block 8504

Frequently asked

What is the assessed value of 2 North Oak Court, Morris Twp, NJ?: The total municipal assessment is $15,200 (land plus improvements).
What is 2 North Oak Court, Morris Twp, NJ worth?: Our model estimates a market value of $20,828, derived from comparable recorded sales nearby.
What kind of property is 2 North Oak Court, Morris Twp, NJ?: It is a Vacant Land.

1422·block 8504·lot 3

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2 North Oak CT

2 North Oak Court, Morris Twp, NJ — owner, sales, deeds · ElasticParcel