When was 40 Constitution Way #318, Franklin, NJ last sold?

The most recent recorded sale was in 2025 for $290,000.

What is the assessed value of 40 Constitution Way #318, Franklin, NJ?

The total municipal assessment is $244,300 (land plus improvements).

What is 40 Constitution Way #318, Franklin, NJ worth?

Our model estimates a market value of $308,267, derived from comparable recorded sales nearby.

How many units does 40 Constitution Way #318, Franklin, NJ have?

Records show 1 dwelling unit at 40 Constitution Way #318, Franklin, NJ.

ElasticParcelNJ

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40 Constitution Way #318

Franklin, NJ·Sussex County

1906·block 1101·lot 29·qual C0318

Estimated market value

$308,267

high confidence

range $285,976 – $326,870

Assessment-implied: $271,898; Director's Ratio 0.8985 (2025)
Comp-implied: $285,000; 24 comparable sales

Based on 24 comparable sales

Last sale

$290,000

7/7/2025 · SR1A 2026

3 other properties share this owner's mailing address (excluding this building).View portfolio →

Property

Type

Condo unit

Tax class

Residential 1-4 unit

Year built

1986

Building size

1,100 sq ft

Lot size

0.01 ac

Land description

.014 AC

Building description

2SF CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$244,300

Land value

$115,000

Improvement value

$129,300

Last year's tax

$5,969

Last MOD-IV sale

$290,000

MOD-IV deed date

6/26/2025

Owner

Current Owner

28 Drost Ln
Hillsborough, NJ 08844

Sales history

6/26/2025$290,000
SR1A 2026Bk 10390 / Pg 1692
11/19/2014$114,000
MOD-IV (Rutgers)Bk 3350 / Pg 400
7/30/1999$85,000
MOD-IV (Rutgers)Bk 2395 / Pg 11

Date	Price	Book / Page	Source
6/26/2025	$290,000	10390 / 1692	SR1A 2026
11/19/2014	$114,000	3350 / 400	MOD-IV (Rutgers)
7/30/1999	$85,000	2395 / 11	MOD-IV (Rutgers)

Deeds

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

On Constitution Way

Block 1101

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": {
    "masterExists": false,
    "siblingCount": 1
  },
  "siblingUnitCount": 0,
  "portfolioCount": 3,
  "portfolioKeys": {
    "fullKeys": [
      "28 DROST LN HILLSBOROUGH NJ 08844"
    ],
    "zipKeys": [
      "28 DROST LN 08844"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1906_1101_29_C0318",
  "county_code": "19",
  "district_code": "06",
  "block": "1101",
  "lot": "29",
  "qualifier": "C0318",
  "property_location": "40 CONSTITUTION WAY",
  "property_class": "2",
  "bldg_class": "35",
  "bldg_desc": "2SF CONDO",
  "land_desc": ".014 AC",
  "year_built": 1986,
  "living_sqft": 1100,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "11500000",
  "improvement_value_cents": "12930000",
  "net_value_cents": "24430000",
  "last_yr_tx_cents": "596885",
  "deed_date": "2025-06-26",
  "deed_book": "10390",
  "deed_page": "1692",
  "sale_price_cents": "29000000",
  "sales_code": "A",
  "owner_mailing_street": "28 DROST LN",
  "owner_mailing_city_state_zip": "HILLSBOROUGH, NJ  08844",
  "mun_name": "FRANKLIN BORO",
  "calc_acre": "0.014000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.57665184402943,
  "centroid_lat": 41.11926141637757
}

SR1A

[
  {
    "id": "f2a256e8-c12d-42fb-a8e7-65c4b3d5efa0",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "10390",
    "deed_page": "1692",
    "deed_date": "2025-06-26",
    "date_recorded": "2025-07-07",
    "sale_price_cents": "29000000",
    "sr1a_year": 2026,
    "source": "sr1a"
  },
  {
    "id": "e8611edb-a627-493b-bd6b-1bea94af347d",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "10390",
    "deed_page": "1692",
    "deed_date": "2025-06-26",
    "date_recorded": "2025-06-26",
    "sale_price_cents": "29000000",
    "sr1a_year": null,
    "source": "taxrecords_nj_owners"
  },
  {
    "id": "9df169cb-a9aa-4994-93a9-14de01ffde23",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "3350",
    "deed_page": "400",
    "deed_date": "2014-11-19",
    "date_recorded": "2014-12-03",
    "sale_price_cents": "11400000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "493175a6-bbac-40b2-9509-0451700c5cf2",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "3350",
    "deed_page": "400",
    "deed_date": "2014-11-19",
    "date_recorded": "2014-11-19",
    "sale_price_cents": "11400000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "acc9f7df-a227-4584-8886-97c69298d1c3",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "2395",
    "deed_page": "11",
    "deed_date": "1999-07-30",
    "date_recorded": "1999-07-30",
    "sale_price_cents": "8500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked

When was 40 Constitution Way #318, Franklin, NJ last sold?: The most recent recorded sale was in 2025 for $290,000.
What is the assessed value of 40 Constitution Way #318, Franklin, NJ?: The total municipal assessment is $244,300 (land plus improvements).
What is 40 Constitution Way #318, Franklin, NJ worth?: Our model estimates a market value of $308,267, derived from comparable recorded sales nearby.
How many units does 40 Constitution Way #318, Franklin, NJ have?: Records show 1 dwelling unit at 40 Constitution Way #318, Franklin, NJ.
What kind of property is 40 Constitution Way #318, Franklin, NJ?: It is a Residential Property.

Loading parcel record…

40 Constitution Way

40 Constitution Way #318, Franklin, NJ — owner, sales, deeds · ElasticParcel

40 Constitution Way #318

Franklin, NJ·Sussex County

1906·block 1101·lot 29·qual C0318

Estimated market value

$308,267

high confidence

range $285,976 – $326,870

Assessment-implied: $271,898; Director's Ratio 0.8985 (2025)
Comp-implied: $285,000; 24 comparable sales

Based on 24 comparable sales

Last sale

$290,000

7/7/2025 · SR1A 2026

3 other properties share this owner's mailing address (excluding this building).View portfolio →

Property

Type

Condo unit

Tax class

Residential 1-4 unit

Year built

1986

Building size

1,100 sq ft

Lot size

0.01 ac

Land description

.014 AC

Building description

2SF CONDO

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$244,300

Land value

$115,000

Improvement value

$129,300

Last year's tax

$5,969

Last MOD-IV sale

$290,000

MOD-IV deed date

6/26/2025

Owner

Current Owner

28 Drost Ln
Hillsborough, NJ 08844

Sales history

6/26/2025$290,000
SR1A 2026Bk 10390 / Pg 1692
11/19/2014$114,000
MOD-IV (Rutgers)Bk 3350 / Pg 400
7/30/1999$85,000
MOD-IV (Rutgers)Bk 2395 / Pg 11

Date	Price	Book / Page	Source
6/26/2025	$290,000	10390 / 1692	SR1A 2026
11/19/2014	$114,000	3350 / 400	MOD-IV (Rutgers)
7/30/1999	$85,000	2395 / 11	MOD-IV (Rutgers)

Deeds

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

On Constitution Way

Block 1101

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": {
    "masterExists": false,
    "siblingCount": 1
  },
  "siblingUnitCount": 0,
  "portfolioCount": 3,
  "portfolioKeys": {
    "fullKeys": [
      "28 DROST LN HILLSBOROUGH NJ 08844"
    ],
    "zipKeys": [
      "28 DROST LN 08844"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1906_1101_29_C0318",
  "county_code": "19",
  "district_code": "06",
  "block": "1101",
  "lot": "29",
  "qualifier": "C0318",
  "property_location": "40 CONSTITUTION WAY",
  "property_class": "2",
  "bldg_class": "35",
  "bldg_desc": "2SF CONDO",
  "land_desc": ".014 AC",
  "year_built": 1986,
  "living_sqft": 1100,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "11500000",
  "improvement_value_cents": "12930000",
  "net_value_cents": "24430000",
  "last_yr_tx_cents": "596885",
  "deed_date": "2025-06-26",
  "deed_book": "10390",
  "deed_page": "1692",
  "sale_price_cents": "29000000",
  "sales_code": "A",
  "owner_mailing_street": "28 DROST LN",
  "owner_mailing_city_state_zip": "HILLSBOROUGH, NJ  08844",
  "mun_name": "FRANKLIN BORO",
  "calc_acre": "0.014000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.57665184402943,
  "centroid_lat": 41.11926141637757
}

SR1A

[
  {
    "id": "f2a256e8-c12d-42fb-a8e7-65c4b3d5efa0",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "10390",
    "deed_page": "1692",
    "deed_date": "2025-06-26",
    "date_recorded": "2025-07-07",
    "sale_price_cents": "29000000",
    "sr1a_year": 2026,
    "source": "sr1a"
  },
  {
    "id": "e8611edb-a627-493b-bd6b-1bea94af347d",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "10390",
    "deed_page": "1692",
    "deed_date": "2025-06-26",
    "date_recorded": "2025-06-26",
    "sale_price_cents": "29000000",
    "sr1a_year": null,
    "source": "taxrecords_nj_owners"
  },
  {
    "id": "9df169cb-a9aa-4994-93a9-14de01ffde23",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "3350",
    "deed_page": "400",
    "deed_date": "2014-11-19",
    "date_recorded": "2014-12-03",
    "sale_price_cents": "11400000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "493175a6-bbac-40b2-9509-0451700c5cf2",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "3350",
    "deed_page": "400",
    "deed_date": "2014-11-19",
    "date_recorded": "2014-11-19",
    "sale_price_cents": "11400000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "acc9f7df-a227-4584-8886-97c69298d1c3",
    "property_id": "68a02dc3-1504-485e-9753-ff04ede0398e",
    "county_code": "19",
    "district_code": "06",
    "block": "1101",
    "lot": "29",
    "qualifier": "C0318",
    "deed_book": "2395",
    "deed_page": "11",
    "deed_date": "1999-07-30",
    "date_recorded": "1999-07-30",
    "sale_price_cents": "8500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked

When was 40 Constitution Way #318, Franklin, NJ last sold?: The most recent recorded sale was in 2025 for $290,000.
What is the assessed value of 40 Constitution Way #318, Franklin, NJ?: The total municipal assessment is $244,300 (land plus improvements).
What is 40 Constitution Way #318, Franklin, NJ worth?: Our model estimates a market value of $308,267, derived from comparable recorded sales nearby.
How many units does 40 Constitution Way #318, Franklin, NJ have?: Records show 1 dwelling unit at 40 Constitution Way #318, Franklin, NJ.
What kind of property is 40 Constitution Way #318, Franklin, NJ?: It is a Residential Property.

Address	Sold	Price
35 Liberty Ln	4/14/2026	$320,000
63 Liberty Ln	3/25/2026	$289,000
25 Ben Franklin Dr	1/14/2026	$285,000
76 Constitution Way	1/5/2026	$275,000
23 Liberty Ln	1/2/2026	$250,000
45 Liberty Ln	12/11/2025	$287,500
45 Ben Franklin Dr	12/11/2025	$269,000
26 Constitution Way	10/16/2025	$292,500
31 Constitution Way	5/29/2025	$305,000
106 Constitution Way	3/26/2025	$301,205
4 Constitution Way	2/10/2025	$264,900
71 Constitution Way	1/21/2025	$255,000
29 Constitution Way	1/8/2025	$310,000
104 Constitution Way	11/8/2024	$216,200
29 Constitution Way	10/11/2024	$175,000
88 Constitution Way	7/18/2024	$250,000
16 Liberty Ln	5/14/2024	$265,000
12 Liberty Ln	5/2/2024	$278,500
61 Liberty Ln	3/18/2024	$246,000
22 Ben Franklin Dr	10/12/2023	$210,000
20 Ben Franklin Dr	9/1/2023	$280,000
1 Constitution Way	7/26/2023	$275,100
106 Constitution Way	7/19/2023	$255,000
24 Constitution Way	7/17/2023	$258,000