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Single Family ResidenceResidential
$602,643$325 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $138,400 on Jul 26, 1996

40 1ST ST

BUDD LAKE, NJ 07828
0
Baths
1,852 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.44 ac
Lot SizeThe size of the land the home sits on, from county records.
1967
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$603K
$572K low$633K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$138,400 · Jul 26, 1996

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,841 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$225,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$114,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$110,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$225,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$225,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.44
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Chester M. Stephens Elementary SchoolA-
Elementary · Grades KG–5 · 1.6 mi
H
Mount Olive High SchoolC
High · Grades 9–12 · 1.9 mi
M
Mount Olive Middle SchoolB
Middle · Grades 6–8 · 2.7 mi

District: Mount Olive Township School District

Neighborhood · ZIP 07828These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.90
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.87

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.15,686
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,041 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$107,965
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$129,857
Average tempThe average temperature here across a full year.47°F
Annual precipHow much rain and melted snow falls here in a typical year.52 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 1st St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 67% of homes in Morris County
  • Costs less per square foot than 70% of homes in Morris County

What homes are worth in Budd Lake 07828

Each bar is how many homes fall in that price range. The marker is this home.

This home
$315K$1M

This home is worth more than 53% of homes in Budd Lake 07828.

How it measures up in Budd Lake 07828

The dot is this home. The mark in the middle is the typical home in Budd Lake 07828.

Estimated value$602,643
CheaperTypical $592,686Pricier

Pricier than 53% of homes nearby

Price per ft²$325
CheaperTypical $314Pricier

Pricier than 58% of homes nearby

Living area1,852 ft²
SmallerTypical 1,910 ft²Bigger

Bigger than 47% of homes nearby

Lot size0.44 ac
SmallerTypical 0.34 acBigger

Bigger than 61% of homes nearby

Year built1967
OlderTypical 1973Newer

Newer than 36% of homes nearby

How 40 1st St ranks against every home in each area.
MeasureThis homeBudd Lake 07828Morris County
Estimated valuepricier than$602,64353% of homes33% of homes
Price per ft²pricier than$32558% of homes30% of homes
Living areabigger than1,852 ft²47% of homes43% of homes
Lot sizebigger than0.44 ac61% of homes61% of homes
Year builtnewer than196736% of homes50% of homes

About 40 1st St

How much is 40 1st St, Budd Lake, NJ worth?

The TopHap Estimate for 40 1st St, Budd Lake, NJ is $602,643 as of Sep 24, 2026. The likely range is $571,880 to $633,406. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 1st St, Budd Lake, NJ last sell?

40 1st St, Budd Lake, NJ last sold on Jul 26, 1996 for $138,400, according to the county's recorded deed.

How big is 40 1st St, Budd Lake, NJ?

40 1st St, Budd Lake, NJ has 1,852 square feet of living space and a 0.44-acre lot.

When was 40 1st St, Budd Lake, NJ built?

40 1st St, Budd Lake, NJ was built in 1967, making it 59 years old. It is a ranch home. The building has 1 story.

What schools serve 40 1st St, Budd Lake, NJ?

40 1st St, Budd Lake, NJ is assigned to Chester M. Stephens Elementary School (elementary), rated A-; Mount Olive High School (high), rated C; Mount Olive Middle School (middle), rated B. All sit in Mount Olive Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 1st St, Budd Lake, NJ compare to other homes in Budd Lake 07828?

Among the 3,368 homes in Budd Lake 07828, it is worth more than 53% of them ($602,643 against a typical $592,686), its price per square foot is higher than 58% of them ($325 against a typical $314), it is bigger than 47% of them (1,852 ft² against a typical 1,910 ft²), its lot is bigger than 61% of them (0.44 ac against a typical 0.34 ac) and it is newer than 36% of them (1967 against a typical 1973). Measured against all of Morris County, it is worth more than 33% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 1st St, Budd Lake, NJ?

The 2024 property tax bill for 40 1st St, Budd Lake, NJ was $7,841. The county assessed it at $225,000.

More homes on 1st St

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Assigned schools

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