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2 Franklin Place, Morristown, NJ 07960 Property Information

2 Franklin Place, Morristown, NJ 07960 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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2 Franklin Place, Morristown, NJ 07960
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Address

Primary address 2 Franklin Place, Morristown
Zip code 07960
County Morris
Municipality Morristown Town
Block 4501
Lot 5

Sales & Tax Overview for 2 Franklin Place, Morristown

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Sale date 06/27/2017
Sale price $675,000
Arm's length
Property tax $21,300

Lot & Building Information for 2 Franklin Place, Morristown

Building sqft 2,258
Building class Commercial-Mixed Use (101)
Acreage 0.239
Year built 1950
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 2 Franklin Place, Morristown

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About 2 Franklin Place, Morristown

What is the year built & the total sq. ft. for 2 Franklin Place, Morristown, NJ 07960?

2 Franklin Place, Morristown, NJ 07960 was built in 1950 and has a total of 2,258 square feet.

What is the assessed value of 2 Franklin Place, Morristown, NJ 07960 and the property tax paid?

Assessed at $926,500, the tax amount paid for 2 Franklin Place, Morristown, NJ 07960 is $21,300.

When was 2 Franklin Place, Morristown, NJ 07960 last sold and what was the last sale price?

2 Franklin Place, Morristown, NJ 07960 was last sold in 06/27/2017 for $675,000.

Ownership Information

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Past Sales & Property History for 2 Franklin Place, Morristown

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Purchase date Purchase price Buyer name Seller name
06/27/2017 $675,000

Title Documents for 2 Franklin Place, Morristown

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
01/05/2021 - R
12/11/2020 - D
Assignment
01/05/2021 - R
12/11/2020 - D
Mortgage
07/11/2017 - R
06/27/2017 - D
Deed and Realty Tax Fees
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 2 Franklin Place, Morristown

Access detailed property tax data for 2 Franklin Place, Morristown, NJ 07960. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $21,300
Market value $926,500

Assessment History for 2 Franklin Place, Morristown

Here's the assessment & property tax history for 2 Franklin Place, 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 $926,500 $926,500 2.299 $21,300 +45.97%
2024 $926,500 $926,500 1.575 $14,592 +4.14%
2023 $482,200 $482,200 2.906 $14,013 +0.62%
2022 $482,200 $482,200 2.888 $13,926 +0.56%
2021 $482,200 $482,200 2.872 $13,849 -0.38%

Demographics by Zip Code

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

Risk

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Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 2 Franklin Place, 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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Neighbors for 2 Franklin Place, Morristown

Here are the neighbors for 2 Franklin Place, Morristown.

Address Square feet Purchase date Purchase price
22 Franklin Pl, Morristown 2,088 05/04/2021 $504,500
18-24 Franklin Pl, Morris Plains 2,209 12/09/2022 $1
26 Franklin Pl, Morristown 6,077 11/04/2024 $1,900,000
51 Hill St, Morristown 1,860 06/27/2017 $665,000
53 Hill St, Morristown 1,860 07/30/2018 $637,500
29 Franklin Pl, Morristown 6,390 08/31/2007 $1
28 Franklin St, Morristown 3,673 03/20/2026 $1
16 Franklin St, Morristown 3,526 12/30/2010 $395,000
25 Elm St, Morristown
32 Franklin St, Morristown 3,814 09/10/1998 $360,000
36 Franklin St, Morristown 2,686 04/24/2012 $540,000
24 Franklin St, Morristown 3,802 02/24/2000 $469,000
27 Elm St, Morristown 8,157
10 Franklin Pl, Morristown 5,271 09/06/2024 $1,850,000
20 Franklin St, Morristown 2,827 02/10/2023 $765,000
47 Hill St, Morristown 1,990 04/07/2023 $787,000
49 Hill St, Morristown 1,990 07/24/2014 $422,000
14 Franklin St, Morristown 4,531 03/11/2022 $575,000
40 Franklin St, Morristown 4,518 11/30/1993 $310,000
45 Hill St, Morristown 2,700 11/03/2005 $555,000

Nearby ZIP Codes for 2 Franklin Place, Morristown

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