Morris County  »  07960  »  Martin Luther King Ave  »  268 Martin Luther King Ave

268 Martin Luther King Avenue, Morristown, NJ 07960 - Property report

Also known as: 268 Martin Luther King Ave

Property image for 268 Martin Luther King Avenue, Morristown, NJ 07960
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Property type

Industrial-Other (331)

Year built

1986

Acreage

17.3

Sale price

$55,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
268 Martin Luther King Avenue
Alternate address(es)
268 MLK Ave
ZIP code
07960
County
Morris
Block
10401
Lot
2
Municipality
1422
Parcel ID
10401-2

Owner

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Sales
Sale date
12/22/2021
Sale price
$55,000,000
Arm's length
Tax
Tax year
2026
Current property tax
$344,608
Building
Property type
Industrial-Other (331)
Building sq. ft.
296,000
Stories
1
Year built
1986
Lot
Acreage
17.3
Zoning & Use
Zoning

Area overview

Walk score
54 /100.  Somewhat Walkable
Transit score
0 /100.  Minimal Transit
Bike score
55 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 268 Martin Luther King Avenue, Morristown, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 268 Martin Luther King Avenue, Morristown, NJ 07960

Sale date Sale price Buyer name Seller name
12/22/2021 $55,000,000 XXXX XXXX XXXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXXX XXX; XXX XXXX XXXX XXXXXXXXXX XXX
09/01/2005 $1 XXX XXXX XXXX XXXXXXXXXX, XXX XXX XXXX XXXX XXXXXXXXXX

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
04/11/2022 - R
02/23/2022 - D		 Cdeed XXXX XXXX XXXXXXXXXX XXX XXXX XXXX XXXXXXXXXX XXX
04/05/2022 - R
02/15/2022 - D		 Agreement XXXX XXXX XXXXXXXXXX XXX XXXX XXXX XXXXXXXXXX XXX
04/05/2022 - R
02/15/2022 - D		 Assignment XXXX XXXX XXXXXXXXXX XXX XX XXXXXXXXXX XXXXXXXX XXX
04/05/2022 - R
02/15/2022 - D		 Mortgage XXXX XXXX XXXXXXXXXX XXX XX XXXXXXXXXX XXXXXXXX XXX
02/10/2022 - R
12/22/2021 - D		 Deed and Realty Tax Fees XXX XXXX XXXX XXXXXXXXXX XXX XXXX XXXX XXXXXXXXXX XXX
04/23/2020 - R
09/13/2019 - D		 Mortgage Modification XXXXXXXX XXXX XXXXX XX XXXXXXXX XXXX XXXXXXXX XXXX XXXXX XX XXXXXXXX XXXX
09/23/2005 - R
09/01/2005 - D		 Deed and Realty Tax Fees XXX XXXX XXXX XXXXXXXXXX XXX XXXX XXXX XXXXXXXXXX, XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 268 Martin Luther King Avenue, Morristown, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$344,608
Recent tax assessments
Market value
$19,580,000
Land value
$6,055,000
Building value
$13,525,000

More about Morris County Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $14,081,000 $14,081,000 1.76 $247,826 -12.09%
2024 $14,081,000 $14,081,000 2.002 $281,902 -0.15%
2023 $14,081,000 $14,081,000 2.005 $282,324 +2.66%
2022 $14,081,000 $14,081,000 1.953 $275,002 +2.14%
2021 $14,081,000 $14,081,000 1.912 $269,229 +2.69%
2020 $14,081,000 $14,081,000 1.862 $262,188 +1.58%
2019 $14,081,000 $14,081,000 1.833 $258,105 +1.10%
2018 $14,081,000 $14,081,000 1.813 $255,289 +0.67%
2017 $14,081,000 $14,081,000 1.801 $253,599 +1.58%
2016 $14,081,000 $14,081,000 1.773 $249,656 +15.82%
Permits

Permit information for 268 Martin Luther King Avenue, Morristown, NJ

No recently recorded permits for this property.

Neighborhood

Demographics by ZIP code

Total population
46,702
Median age
40
Average household income
$225,910
Family households
62.5%
People per household (average)
2.44
Occupied housing units
18,575
Owner-occupied units
62.5%
Median year structure built
1969
Median value mortgaged units
$743,100
Median value unmortgaged units
$720,300

Risk

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FEMA flood zones

FEMA flood zones
-

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 268 Martin Luther King Avenue, Morristown, NJ 07960 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 268 Martin Luther King Avenue, Morristown, NJ

161 E Hanover Ave, Morristown 2 Cleveland Ave, Morristown 255 Speedwell Ave, Morris Plains 8 Monroe St, Morristown 16 Cleveland Ave, Morristown 9 E Hanover Ave, Morris Plains 15 E Hanover Ave, Morris Plains 10 Cleveland Ave, Morristown 19 E Hanover Ave, Morris Plains 27 E Hanover Ave, Morris Plains 10 Monroe St, Morristown 17 E Hanover Ave, Morris Plains 25 E Hanover Ave, Morris Plains 11 E Hanover Ave, Morris Plains 4 Cleveland Ave, Morristown 6 Cleveland Ave, Morristown 8 Cleveland Ave, Morristown 257 Speedwell Ave, Morris Plains 21 E Hanover Ave, Morris Plains 12 Monroe St, Morristown

Nearby ZIP codes for 268 Martin Luther King Avenue, Morristown, NJ

07054, Morris County, NJ 07834, Morris County, NJ 07869, Morris County, NJ 07878, Morris County, NJ 07924, Somerset County, NJ 07926, Morris County, NJ 07927, Morris County, NJ 07928, Morris County, NJ 07932, Morris County, NJ 07933, Morris County, NJ 07935, Morris County, NJ 07940, Morris County, NJ 07945, Morris County, NJ 07946, Morris County, NJ 07950, Morris County, NJ 07961, Morris County, NJ 07970, Morris County, NJ 07976, Morris County, NJ 07980, Morris County, NJ 07981, Morris County, NJ

Frequently asked questions

What is the year built for 268 Martin Luther King Avenue, Morristown, NJ 07960?

The development at 268 Martin Luther King Avenue, Morristown, NJ 07960 was built in 1986.

What is the market value of 268 Martin Luther King Avenue, Morristown, NJ 07960?

The current market value of 268 Martin Luther King Avenue, Morristown, NJ 07960 is $19,580,000.

What is the total square footage of 268 Martin Luther King Avenue, Morristown, NJ 07960?

268 Martin Luther King Avenue, Morristown, NJ 07960 has a total of 296,000 square feet.

What is the price per square foot for this property?

$185 per square foot is the price for 268 Martin Luther King Avenue, Morristown, NJ 07960.

How many active listings does 268 Martin Luther King Avenue, Morristown, NJ 07960 have?

This address has 1 active listing(s).

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