2 Franklin Place, Morristown, NJ 07960 Property Information
2 Franklin Place, Morristown, NJ 07960 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
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
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 06/27/2017 |
| Sale price | $675,000 |
| Arm's length | Register |
| 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 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 2 Franklin Place, Morristown
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 2 Franklin Place, Morristown , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 2 Franklin Place, Morristown
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 | Register | Register |
Title Documents for 2 Franklin Place, Morristown
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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
Create a free account to unlock extended information for 2 Franklin Place, 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 |
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 | 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 |