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Single Family ResidenceResidential
$369,035$422 / 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 90How 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 $340,000 on Mar 21, 2025

48 NEW READ ST

PEQUANNOCK, NJ 07440
0
Baths
874 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.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1915
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$369K
$331K low$407K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$340,000 · Mar 21, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,424 (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.$356,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$264,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$91,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$376,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$356,800

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.25 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.12
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

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(3)

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

E
Stephen J. Gerace Elementary SchoolA
Elementary · Grades KG–5 · 0.6 mi
M
Pequannock Valley Middle SchoolA-
Middle · Grades 6–8 · 0.8 mi
H
Pequannock Township High SchoolB+
High · Grades 9–12 · 1.1 mi

District: Pequannock Township School District

Neighborhood · ZIP 07440These 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.3
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.110

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.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.4,540
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,601 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$150,469
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$172,762
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.51 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

48 New Read 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 96% of homes in Pequannock 07440
  • Costs more per square foot than 72% of homes in Pequannock 07440
  • Smaller than 96% of homes in Pequannock 07440
  • Has a smaller lot than 94% of homes in Pequannock 07440
  • Older than 98% of homes in Pequannock 07440

What homes are worth in Pequannock 07440

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

This home
$304K$1.1M

This home is worth more than 4% of homes in Pequannock 07440.

How it measures up in Pequannock 07440

The dot is this home. The mark in the middle is the typical home in Pequannock 07440.

Estimated value$369,035
CheaperTypical $690,234Pricier

Pricier than 4% of homes nearby

Price per ft²$422
CheaperTypical $379Pricier

Pricier than 72% of homes nearby

Living area874 ft²
SmallerTypical 1,842 ft²Bigger

Bigger than 4% of homes nearby

Lot size0.11 ac
SmallerTypical 0.3 acBigger

Bigger than 6% of homes nearby

Year built1915
OlderTypical 1958Newer

Newer than 2% of homes nearby

How 48 New Read St ranks against every home in each area.
MeasureThis homePequannock 07440Morris County
Estimated valuepricier than$369,0354% of homes5% of homes
Price per ft²pricier than$42272% of homes72% of homes
Living areabigger than874 ft²4% of homes4% of homes
Lot sizebigger than0.11 ac6% of homes12% of homes
Year builtnewer than19152% of homes6% of homes

About 48 New Read St

How much is 48 New Read St, Pequannock, NJ worth?

The TopHap Estimate for 48 New Read St, Pequannock, NJ is $369,035 as of Sep 24, 2026. The likely range is $331,490 to $406,580. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 48 New Read St, Pequannock, NJ last sell?

48 New Read St, Pequannock, NJ last sold on Mar 21, 2025 for $340,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 48 New Read St, Pequannock, NJ?

48 New Read St, Pequannock, NJ has 874 square feet of living space and a 0.12-acre lot.

When was 48 New Read St, Pequannock, NJ built?

48 New Read St, Pequannock, NJ was built in 1915, making it 111 years old. The building has 1 story.

What schools serve 48 New Read St, Pequannock, NJ?

48 New Read St, Pequannock, NJ is assigned to Stephen J. Gerace Elementary School (elementary), rated A; Pequannock Valley Middle School (middle), rated A-; Pequannock Township High School (high), rated B+. All sit in Pequannock Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 48 New Read St, Pequannock, NJ compare to other homes in Pequannock 07440?

Among the 1,474 homes in Pequannock 07440, it is worth more than 4% of them ($369,035 against a typical $690,234), its price per square foot is higher than 72% of them ($422 against a typical $379), it is bigger than 4% of them (874 ft² against a typical 1,842 ft²), its lot is bigger than 6% of them (0.11 ac against a typical 0.3 ac) and it is newer than 2% of them (1915 against a typical 1958). Measured against all of Morris County, it is worth more than 5% 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 48 New Read St, Pequannock, NJ?

The 2024 property tax bill for 48 New Read St, Pequannock, NJ was $6,424. The county assessed it at $356,800.

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