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Single Family ResidenceResidential
$931,360$399 / 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 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jun 25, 2026

7 PROSPECT ST

MENDHAM, NJ 07945
0
Baths
2,336 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.
0.31 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$931K
$876K low$987K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$203,360
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$162,688
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.78%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$328,000
CITIMORTGAGE INC · recorded Aug 19, 2010
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$300,000
PEAPACK GLADSTONE BANK
3rd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$100,000

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$12,721 (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.$517,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$301,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$216,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$517,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$517,100

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.0.31
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

E
Hilltop SchoolB+
Elementary · Grades PK–4 · 0.1 mi
M
Mountain View SchoolA
Middle · Grades 5–8 · 0.5 mi
H
West Morris Mendham High SchoolA+
High · Grades 9–12 · 0.6 mi

District: Mendham Borough School District

Neighborhood · ZIP 07945These 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.88
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.101

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.41%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.1%
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.10,295
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.510 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$212,259
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$270,274
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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

7 Prospect 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 more than 73% of homes in Morris County
  • Costs more per square foot than 65% of homes in Morris County
  • Smaller than 66% of homes in Mendham 07945
  • Has a smaller lot than 84% of homes in Mendham 07945
  • Older than 92% of homes in Mendham 07945

What homes are worth in Mendham 07945

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

This home
$560K$2.7M

This home is worth more than 28% of homes in Mendham 07945.

How it measures up in Mendham 07945

The dot is this home. The mark in the middle is the typical home in Mendham 07945.

Estimated value$931,360
CheaperTypical $1,117,059Pricier

Pricier than 28% of homes nearby

Price per ft²$399
CheaperTypical $397Pricier

Pricier than 51% of homes nearby

Living area2,336 ft²
SmallerTypical 2,804 ft²Bigger

Bigger than 34% of homes nearby

Lot size0.31 ac
SmallerTypical 1.03 acBigger

Bigger than 16% of homes nearby

Year built1920
OlderTypical 1973Newer

Newer than 8% of homes nearby

How 7 Prospect St ranks against every home in each area.
MeasureThis homeMendham 07945Morris County
Estimated valuepricier than$931,36028% of homes73% of homes
Price per ft²pricier than$39951% of homes65% of homes
Living areabigger than2,336 ft²34% of homes64% of homes
Lot sizebigger than0.31 ac16% of homes45% of homes
Year builtnewer than19208% of homes8% of homes

About 7 Prospect St

How much is 7 Prospect St, Mendham, NJ worth?

The TopHap Estimate for 7 Prospect St, Mendham, NJ is $931,360 as of Jun 25, 2026. The likely range is $875,957 to $986,763. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7 Prospect St, Mendham, NJ last sell?

7 Prospect St, Mendham, NJ last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 7 Prospect St, Mendham, NJ?

7 Prospect St, Mendham, NJ has 2,336 square feet of living space and a 0.31-acre lot.

When was 7 Prospect St, Mendham, NJ built?

7 Prospect St, Mendham, NJ was built in 1920, making it 106 years old. The building has 2 stories.

What schools serve 7 Prospect St, Mendham, NJ?

7 Prospect St, Mendham, NJ is assigned to Hilltop School (elementary), rated B+; Mountain View School (middle), rated A; West Morris Mendham High School (high), rated A+. All sit in Mendham Borough School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7 Prospect St, Mendham, NJ compare to other homes in Mendham 07945?

Among the 3,208 homes in Mendham 07945, it is worth more than 28% of them ($931,360 against a typical $1,117,059), its price per square foot is higher than 51% of them ($399 against a typical $397), it is bigger than 34% of them (2,336 ft² against a typical 2,804 ft²), its lot is bigger than 16% of them (0.31 ac against a typical 1.03 ac) and it is newer than 8% of them (1920 against a typical 1973). Measured against all of Morris County, it is worth more than 73% 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 7 Prospect St, Mendham, NJ?

The 2024 property tax bill for 7 Prospect St, Mendham, NJ was $12,721. The county assessed it at $517,100.

Closest homes

More homes in Mendham 07945

Assigned schools

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