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Commercial (General)Commercial
Last sold for $1,980,000 on Oct 17, 2018

5 ELM ST

MORRISTOWN, NJ 07960
0
Baths
4,880 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.
4,038 ft²
Lot SizeThe size of the land the home sits on, from county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,980,000 · Oct 17, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$36,890 (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.$2,194,500 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$680,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$1,514,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$2,194,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$2,194,500

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial (General)
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.09
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.

Neighborhood · ZIP 07960These 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.94
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.105

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.1%
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.47,815
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,393 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$148,315
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$203,292
Average tempThe average temperature here across a full year.51°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

5 Elm 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.

  • Bigger than 97% of homes in Morris County
  • Has a smaller lot than 90% of homes in Morris County

How it measures up in Morristown 07960

The dot is this home. The mark in the middle is the typical home in Morristown 07960.

Living area4,880 ft²
SmallerTypical 2,220 ft²Bigger

Bigger than 95% of homes nearby

Lot size4,038 ft²
SmallerTypical 0.35 acBigger

Bigger than 14% of homes nearby

How 5 Elm St ranks against every home in each area.
MeasureThis homeMorristown 07960Morris County
Living areabigger than4,880 ft²95% of homes97% of homes
Lot sizebigger than4,038 ft²14% of homes10% of homes

About 5 Elm St

When did 5 Elm St, Morristown, NJ last sell?

5 Elm St, Morristown, NJ last sold on Oct 17, 2018 for $1,980,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 5 Elm St, Morristown, NJ?

5 Elm St, Morristown, NJ has 4,880 square feet of living space and a 0.09-acre lot.

How does 5 Elm St, Morristown, NJ compare to other homes in Morristown 07960?

Among the 11,621 homes in Morristown 07960, it is bigger than 95% of them (4,880 ft² against a typical 2,220 ft²) and its lot is bigger than 14% of them (4,038 ft² against a typical 0.35 ac). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5 Elm St, Morristown, NJ?

The 2024 property tax bill for 5 Elm St, Morristown, NJ was $36,890. The county assessed it at $2,194,500.

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