| Primary address | 268 Martin Luther King Avenue, Morristown |
| Zip code | 07960 |
| County | Morris |
| Municipality | Morris Township |
| Block | 10401 |
| Lot | 2 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/22/2021 |
| Sale price | $55,000,000 |
| Arm's length | Register |
| Property tax | $247,826 |
| Building sqft | 296,000 |
| Building class | Industrial-Other (331) |
| Acreage | 17.3 |
| Year built | 1986 |
| Stories | 1 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
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This Industrial-Other (331) located at 268 Martin Luther King Avenue, Morristown, NJ 07960 has a total of 296,000 square feet and a current price per square foot of $185.
What is the year built & the current market value of 268 Martin Luther King Avenue, Morristown, NJ 07960?268 Martin Luther King Avenue, Morristown, NJ 07960 was built in 1986 and has a current tax assessor's market value of $14,081,000.
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| Listing type | For Lease |
|---|---|
| Listing date | 06/13/2023 |
| Last updated | 05/23/2026 |
• BUILT IN 1986 • 296,000 SF (TOTAL BUILDING) • 17.89 ACRES • 2 ACRE OF ADDITIONAL PARKING AVAILABLE • 20’ CEILING • WET SPRINKLER • 40’X 25’ COLUMN SPACING • ROOF TOP SOLAR • NEW ROOF INSTALLED 2023 • EASY ACCESS TO ROUTES 287, 80, 24, AND 10 • ALL AMENITIES WITHIN WALKING DISTANCE • CLOSE TO TRANSIT ORIENTED MORRISTOWN
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Suite 1 | Warehouse/Distribution | Listing price not available | 83,440 | Stephen R. Sander |
| Suite 2,3 | Warehouse/Distribution | Listing price not available | 51,560 | Stephen R. Sander |
Create a free account to view the complete sales history for 268 Martin Luther King Avenue, Morristown, including title documents, transfer conditions, mortgages and liens.
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R: Recorded date
D: Document date
Access detailed property tax data for 268 Martin Luther King Avenue, Morristown, NJ 07960. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $247,826 |
| Market value | $14,081,000 |
Here's the assessment & property tax history for 268 Martin Luther King Avenue, Morristown, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year 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% |
| Total population | 46,702 |
| Median age | 40 |
| Average household income | $225,910 |
| Family households | 62.5% |
| Occupied housing units | 18,575 |
| Owner occupied units | 62.5% |
| People per household (average) | 2.44 |
| Median year structure built | 1969 |
| Median value for units with a mortgage | $743,100 |
| Median value for units without a mortgage | $720,300 |
Create a free account to unlock extended information for 268 Martin Luther King Avenue, Morristown, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Access the detailed traffic volume map for 268 Martin Luther King Avenue, Morristown to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Here are the neighbors for 268 Martin Luther King Avenue, Morristown.