| Primary address | 7 Elm Street, Morristown |
| Zip code | 07960 |
| County | Morris |
| Municipality | Morristown Town |
| Block | 4601 |
| Lot | 13 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/17/2018 |
| Sale price | $10,550,000 |
| Arm's length | Register |
| Property tax | $170,625 |
| Building sqft | 29,680 |
| Building class | Commercial-Mixed Use (101) |
| Acreage | 2.182 |
| Year built | 1952 |
| 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).
Create a free account to access valuable data points such as:
7 Elm Street, Morristown, NJ 07960 was built in 1952 and has a total of 29,680 square feet.
What is the assessed value of 7 Elm Street, Morristown, NJ 07960 and the property tax paid?Assessed at $7,421,700, the tax amount paid for 7 Elm Street, Morristown, NJ 07960 is $170,624.
When was 7 Elm Street, Morristown, NJ 07960 last sold and what was the last sale price?7 Elm Street, Morristown, NJ 07960 was last sold in 07/17/2018 for $10,550,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 7 Elm Street, Morristown, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 7 Elm Street, Morristown, NJ 07960. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $170,625 |
| Market value | $7,421,700 |
Here's the assessment & property tax history for 7 Elm Street, 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 | $7,421,700 | $7,421,700 | 2.299 | $170,625 | +45.97% |
| 2024 | $7,421,700 | $7,421,700 | 1.575 | $116,892 | -10.61% |
| 2023 | $4,500,000 | $4,500,000 | 2.906 | $130,770 | +0.62% |
| 2022 | $4,500,000 | $4,500,000 | 2.888 | $129,960 | +0.56% |
| 2021 | $4,500,000 | $4,500,000 | 2.872 | $129,240 | -0.38% |
| 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 7 Elm Street, 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 7 Elm Street, Morristown to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 7 Elm Street, Morristown.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 17 Franklin St, Morristown | 2,900 | 01/31/2023 | $935,000 |
| 190 South St, Morristown | 10/12/2017 | $3,200,000 | |
| 47 Franklin St, Morristown | 2,801 | 05/01/1990 | $180,000 |
| 176 South St, Morristown | 13,391 | 05/15/1986 | $1,000,000 |
| 20 Hamilton Rd, Morristown | 2,119 | 11/15/1999 | $365,000 |
| 5 Elm St, Morristown | 4,880 | 08/21/2018 | $1,980,000 |
| 13 Franklin St, Morristown | 3,374 | 12/05/2024 | |
| 145 Morris St, Morristown | 3,288 | 09/15/2003 | |
| 214 South St, Morristown | 2,624 | 12/15/2000 | $751,000 |
| 26 Hamilton Rd, Morristown | 1,903 | 09/29/2020 | $600,000 |
| 9 Franklin St, Morristown | 5,296 | 08/04/2005 | $875,000 |
| 143 Morris St, Morristown | 2,670 | 07/21/2014 | $680,000 |
| 96 Elm St, Morristown | 4,160 | ||
| 200 South St, Morristown | 72,338 | 10/29/1999 | |
| 16 Hamilton Rd, Morristown | 3,819 | 05/31/2017 | $974,999 |
| 15 Elm St, Morristown | 5,205 | 12/09/2020 | $899,000 |
| 186 South St, Morristown | 2,916 | 01/22/2014 | $2,792,000 |
| 32 Hamilton Rd, Morristown | 2,486 | 05/22/2025 | |
| 180 South St, Morristown | 08/21/2018 | $1,980,000 | |
| 218 South St, Morristown | 03/15/1995 | $4,707,310 |