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CondominiumResidential
$771,872$427 / 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 Oct 21, 2026
Last sold for $371,487 on Dec 22, 2003

55 TAFT LN

MORRISTOWN, NJ 07960
0
Baths
1,807 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.
801 ft²
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.

Valuation

$772K
$682K low$862K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$371,487 · Dec 22, 2003

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,675 (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.$550,800 (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.$350,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$550,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$550,800

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.14 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

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.0.02
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

55 Taft Ln 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 71% of homes in Morristown 07960
  • Costs more per square foot than 74% of homes in Morris County
  • Smaller than 68% of homes in Morristown 07960
  • Among the smallest lots in Morristown 07960
  • Newer than 93% 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
$331K$2.6M

This home is worth more than 29% 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$771,872
CheaperTypical $927,186Pricier

Pricier than 29% of homes nearby

Price per ft²$427
CheaperTypical $421Pricier

Pricier than 53% of homes nearby

Living area1,807 ft²
SmallerTypical 2,224 ft²Bigger

Bigger than 32% of homes nearby

Lot size801 ft²
SmallerTypical 0.36 acBigger

Smaller than almost all homes nearby

Year built2003
OlderTypical 1965Newer

Newer than 93% of homes nearby

How 55 Taft Ln ranks against every home in each area.
MeasureThis homeMorristown 07960Morris County
Estimated valuepricier than$771,87229% of homes56% of homes
Price per ft²pricier than$42753% of homes74% of homes
Living areabigger than1,807 ft²32% of homes41% of homes
Lot sizebigger than801 ft²almost no homes2% of homes
Year builtnewer than200393% of homes92% of homes

About 55 Taft Ln

How much is 55 Taft Ln, Morristown, NJ worth?

The TopHap Estimate for 55 Taft Ln, Morristown, NJ is $771,872 as of Oct 21, 2026. The likely range is $682,228 to $861,516. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 55 Taft Ln, Morristown, NJ last sell?

55 Taft Ln, Morristown, NJ last sold on Dec 22, 2003 for $371,487, according to the county's recorded deed.

How big is 55 Taft Ln, Morristown, NJ?

55 Taft Ln, Morristown, NJ has 1,807 square feet of living space and a 0.02-acre lot.

When was 55 Taft Ln, Morristown, NJ built?

55 Taft Ln, Morristown, NJ was built in 2003, making it 23 years old. It is a condo/apartment home.

How does 55 Taft Ln, Morristown, NJ compare to other homes in Morristown 07960?

Among the 11,621 homes in Morristown 07960, it is worth more than 29% of them ($771,872 against a typical $927,186), its price per square foot is higher than 53% of them ($427 against a typical $421), it is bigger than 32% of them (1,807 ft² against a typical 2,224 ft²), its lot is bigger than almost none of them (801 ft² against a typical 0.36 ac) and it is newer than 93% of them (2003 against a typical 1965). Measured against all of Morris County, it is worth more than 56% 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 55 Taft Ln, Morristown, NJ?

The 2024 property tax bill for 55 Taft Ln, Morristown, NJ was $8,675. The county assessed it at $550,800.

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