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Single Family ResidenceResidential
$1,103,123$313 / 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 89How 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 $999,999 on Aug 8, 2024

5 PENWOOD DR

MORRIS PLAINS, NJ 07950
0
Baths
3,528 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.
0.71 ac
Lot SizeThe size of the land the home sits on, from county records.
1978
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.1M
$981K low$1.2M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$999,999 · Aug 8, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$18,395 (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.$529,500 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$195,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$333,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$529,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$529,500

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.0.71
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(1)

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

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

E
Mt. Tabor Elementary SchoolA
Elementary · Grades KG–5 · 0.9 mi
H
Parsippany Hills High SchoolA-
High · Grades 9–12 · 1.8 mi
M
Brooklawn Middle SchoolB+
Middle · Grades 6–8 · 2.1 mi

District: Parsippany-Troy Hills Township School District

Neighborhood · ZIP 07950These 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.59
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.109

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.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.22,201
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,351 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$144,977
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$171,883
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.53 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 Penwood Dr 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 more than 95% of homes in Morris Plains 07950
  • Costs less per square foot than 76% of homes in Morris Plains 07950
  • Bigger than 94% of homes in Morris Plains 07950
  • Has a bigger lot than 89% of homes in Morris Plains 07950

What homes are worth in Morris Plains 07950

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

This home
$225K$1.2M

This home is worth more than 95% of homes in Morris Plains 07950.

How it measures up in Morris Plains 07950

The dot is this home. The mark in the middle is the typical home in Morris Plains 07950.

Estimated value$1,103,123
CheaperTypical $759,503Pricier

Pricier than 95% of homes nearby

Price per ft²$313
CheaperTypical $362Pricier

Pricier than 24% of homes nearby

Living area3,528 ft²
SmallerTypical 1,917 ft²Bigger

Bigger than 94% of homes nearby

Lot size0.71 ac
SmallerTypical 0.31 acBigger

Bigger than 89% of homes nearby

Year built1978
OlderTypical 1964Newer

Newer than 61% of homes nearby

How 5 Penwood Dr ranks against every home in each area.
MeasureThis homeMorris Plains 07950Morris County
Estimated valuepricier than$1,103,12395% of homes84% of homes
Price per ft²pricier than$31324% of homes25% of homes
Living areabigger than3,528 ft²94% of homes90% of homes
Lot sizebigger than0.71 ac89% of homes78% of homes
Year builtnewer than197861% of homes63% of homes

About 5 Penwood Dr

How much is 5 Penwood Dr, Morris Plains, NJ worth?

The TopHap Estimate for 5 Penwood Dr, Morris Plains, NJ is $1,103,123 as of Sep 24, 2026. The likely range is $980,598 to $1,225,648. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5 Penwood Dr, Morris Plains, NJ last sell?

5 Penwood Dr, Morris Plains, NJ last sold on Aug 8, 2024 for $999,999, according to the county's recorded deed.

How big is 5 Penwood Dr, Morris Plains, NJ?

5 Penwood Dr, Morris Plains, NJ has 3,528 square feet of living space and a 0.71-acre lot.

When was 5 Penwood Dr, Morris Plains, NJ built?

5 Penwood Dr, Morris Plains, NJ was built in 1978, making it 48 years old. The building has 2 stories.

What schools serve 5 Penwood Dr, Morris Plains, NJ?

5 Penwood Dr, Morris Plains, NJ is assigned to Mt. Tabor Elementary School (elementary), rated A; Parsippany Hills High School (high), rated A-; Brooklawn Middle School (middle), rated B+. All sit in Parsippany-Troy Hills Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5 Penwood Dr, Morris Plains, NJ compare to other homes in Morris Plains 07950?

Among the 7,313 homes in Morris Plains 07950, it is worth more than 95% of them ($1,103,123 against a typical $759,503), its price per square foot is higher than 24% of them ($313 against a typical $362), it is bigger than 94% of them (3,528 ft² against a typical 1,917 ft²), its lot is bigger than 89% of them (0.71 ac against a typical 0.31 ac) and it is newer than 61% of them (1978 against a typical 1964). Measured against all of Morris County, it is worth more than 84% 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 5 Penwood Dr, Morris Plains, NJ?

The 2024 property tax bill for 5 Penwood Dr, Morris Plains, NJ was $18,395. The county assessed it at $529,500.

More homes on Penwood Dr

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