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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 $14,592

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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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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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
12/11/2020 - D
01/05/2021 - R
Assignment
12/11/2020 - D
01/05/2021 - R
Mortgage
06/27/2017 - D
07/11/2017 - R
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 $14,592
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
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%
2020 $482,200 $482,200 2.883 $13,902 +0.03%

Demographics By Zip Code

Total population 46,178
Median age 39
Average household income $217,137
Family households 61.3%
Occupied housing units 18,335
Owner occupied units 61.9%
Average number of people per household 2
Median year structure built 1969
Median value for units with a mortgage $706,200
Median value for units without a mortgage $690,400

Risk

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Fire hazard zone See more on map
Geohazard zones map

Transportation

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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 10/01/2024
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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