Vacant LandVacant Land
Last sold for $580,000 on Mar 31, 2010
7 PROSPECT ST
MENDHAM, NJ 07945
0
Baths
0.25 ac
Lot SizeThe size of the land the home sits on, from county records.
Valuation
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$580,000 · Mar 31, 2010
Tax & Assessment
Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$12,197 (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.$774,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$774,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$774,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$774,400
Property Facts
Property TypeThe broad category the county puts this property in, such as residential or commercial.Vacant Land
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.25
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.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.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes
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.
- Has a smaller lot than 88% 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.
Lot size0.25 ac
SmallerTypical 1.03 acBigger
Bigger than 12% of homes nearby
| Measure | This home | Mendham 07945 | Morris County |
|---|---|---|---|
| Lot sizebigger than | 0.25 ac | 12% of homes | 38% of homes |
Closest homes
- 7 Prospect St0 ft · 724 ft² · Sold Jan 1900
- 7 Prospect St$600K0 ft · 1,061 ft² · Sold $425K · Jul 2015
- 7 Prospect St$500K0 ft · 727 ft² · Sold $335K · Jul 2020
- 7 Prospect St0 ft · 672 ft² · Sold $332K · Mar 2014
- 7 Prospect St$478K0 ft · 781 ft² · Sold $350K · Dec 2021
- 7 Prospect St$484K0 ft · 781 ft² · Sold $375K · Feb 2008
- 7 Prospect St0 ft · 781 ft² · Sold $278K · Jul 2009
- 7 Prospect St0 ft · 840 ft² · Sold $350K · Mar 2022
More homes in Mendham 07945
- 38 Essex Dr$559K1,680 ft² · Sold $559K · Aug 2026
- 33 Galway Dr$690K1,820 ft² · Sold $610K · Aug 2026
- 22 Brockden Dr$1.4M3,575 ft² · Sold $1.3M · Aug 2026
- 10 Babbitt Rd$949K3,132 ft² · Sold $970K · Jul 2026
- 136 South Rd$725K1,740 ft² · Sold $737K · Jul 2026
- 26a W Main St2,428 ft² · Sold $880K · Jul 2026
- 8 Forest Dr$1.8M3,770 ft² · Sold $1.8M · Jul 2026
- 11 Combs Hollow Rd5,662 ft² · Sold $2.2M · Jul 2026
- 74 Dean Rd$845K2,070 ft² · Sold $750K · Jul 2026
- 11 New St$1.1M2,540 ft² · Sold $1.2M · Jul 2026
- 18 Yardley Rd$2.5M6,384 ft² · Sold $2.5M · Jul 2026
- 19 Trout Brook Ln$1.4M4,535 ft² · Sold $1.6M · Jul 2026
Explore the area
See this home in context
Open 7 Prospect St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.
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