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CondominiumResidential
$577,245$573 / 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 88How 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 $350,000 on May 24, 2018

54 ELM ST

MORRISTOWN, NJ 07960
Building report
0
Baths
1,008 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.
1,971 ft²
Lot SizeThe size of the land the home sits on, from county records.
2006
Year BuiltThe year the home was originally built, according to county records.

Valuation

$577K
$506K low$649K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$350,000 · May 24, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,658 (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.$422,700 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$200,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$222,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$422,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$422,700

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.42
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
3
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
63
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
97
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
47
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.04
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

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

54 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.

  • Worth less than 91% of homes in Morristown 07960
  • Costs more per square foot than 94% of homes in Morristown 07960
  • Smaller than 96% of homes in Morristown 07960
  • Has a smaller lot than 95% of homes in Morristown 07960
  • Newer than 94% of homes in Morristown 07960

What homes are worth in Morristown 07960

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

This home
$335K$2.5M

This home is worth more than 9% of homes in Morristown 07960.

How it measures up in Morristown 07960

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

Estimated value$577,245
CheaperTypical $937,070Pricier

Pricier than 9% of homes nearby

Price per ft²$573
CheaperTypical $426Pricier

Pricier than 94% of homes nearby

Living area1,008 ft²
SmallerTypical 2,224 ft²Bigger

Bigger than 4% of homes nearby

Lot size1,971 ft²
SmallerTypical 0.36 acBigger

Bigger than 5% of homes nearby

Year built2006
OlderTypical 1965Newer

Newer than 94% of homes nearby

How 54 Elm St ranks against every home in each area.
MeasureThis homeMorristown 07960Morris County
Estimated valuepricier than$577,2459% of homes29% of homes
Price per ft²pricier than$57394% of homes93% of homes
Living areabigger than1,008 ft²4% of homes7% of homes
Lot sizebigger than1,971 ft²5% of homes6% of homes
Year builtnewer than200694% of homes93% of homes

About 54 Elm St

How much is 54 Elm St, Morristown, NJ worth?

The TopHap Estimate for 54 Elm St, Morristown, NJ is $577,245 as of Sep 24, 2026. The likely range is $505,911 to $648,579. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 54 Elm St, Morristown, NJ last sell?

54 Elm St, Morristown, NJ last sold on May 24, 2018 for $350,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 54 Elm St, Morristown, NJ?

54 Elm St, Morristown, NJ has 1,008 square feet of living space and a 0.04-acre lot.

When was 54 Elm St, Morristown, NJ built?

54 Elm St, Morristown, NJ was built in 2006, making it 20 years old. It is a condo/apartment home.

How does 54 Elm St, Morristown, NJ compare to other homes in Morristown 07960?

Among the 11,621 homes in Morristown 07960, it is worth more than 9% of them ($577,245 against a typical $937,070), its price per square foot is higher than 94% of them ($573 against a typical $426), it is bigger than 4% of them (1,008 ft² against a typical 2,224 ft²), its lot is bigger than 5% of them (1,971 ft² against a typical 0.36 ac) and it is newer than 94% of them (2006 against a typical 1965). Measured against all of Morris County, it is worth more than 29% 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 54 Elm St, Morristown, NJ?

The 2024 property tax bill for 54 Elm St, Morristown, NJ was $6,658. The county assessed it at $422,700.

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