Morris County  »  07960  »  Prospect St  »  25 Prospect St

25 Prospect Street, Morristown, NJ 07960 - Property report

Also known as: 25 Prospect St

Property image for 25 Prospect Street, Morristown, NJ 07960
static Mapbox map

Property type

Commercial (4A)

Year built

1901

Acreage

0.258

Sale price

$10

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
25 Prospect Street
ZIP code
07960
County
Morris
Block
5801
Lot
8
Municipality
1424
Qualifier
Parcel ID
5801-8

Owner

Find out who owns 25 Prospect Street, Morristown, NJ 07960. Uncover corporate and individual owners with a free account.

Sales
Sale date
09/17/2004
Sale price
$10
Arm's length
Tax
Tax year
2026
Current property tax
$32,887
Building
Property type
Commercial (4A)
Building sq. ft.
3,027
Stories
2.5
Year built
1901
Exterior structural material
Lot
Acreage
0.258
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
37 /100.  Some Transit
Bike score
33 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 25 Prospect Street, Morristown, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 25 Prospect Street, Morristown, NJ 07960

Sale date Sale price Buyer name Seller name
09/17/2004 $10 XXXX, XXXXXXX X/XXXXXXXX XX XXXXXXXX XXXXXX, XXX
01/27/2004 $1
10/31/2002 $350,000

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
11/09/2022 - R
05/12/2022 - D
Re-Recorded Mortgage XXXXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXXX
06/06/2022 - R
05/12/2022 - D
Assignment XXXXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXXX
06/06/2022 - R
05/12/2022 - D
Mortgage XXXXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXXX
03/01/2019 - R
02/04/2019 - D
Agreement XXXXXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXXXX XXXXXX XXX
02/03/2005 - R
12/22/2004 - D
Deed and Realty Tax Fees XXXX, XXXXXXX X/XXXXXXXX XX XXXXXXXX XXXXXX, XXX
12/13/2004 - R
09/17/2004 - D
Deed and Realty Tax Fees XX XXXXXXXX XXXXXX, XXX XXXX, XXXXXXX X/XXXXXXXX
01/27/2004 - D Deed and Realty Tax Fees
10/31/2002 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 25 Prospect Street, Morristown, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$32,887
Recent tax assessments
Market value
$1,430,500
Land value
$525,000
Building value
$905,500

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $1,430,500 $1,430,500 2.299 $32,887 +45.97%
2024 $1,430,500 $1,430,500 1.575 $22,530 +66.91%
2023 $464,500 $464,500 2.906 $13,498 +0.62%
2022 $464,500 $464,500 2.888 $13,415 +0.56%
2021 $464,500 $464,500 2.872 $13,340 -0.38%
2020 $464,500 $464,500 2.883 $13,392 +0.03%
2019 $464,500 $464,500 2.882 $13,387 +1.30%
2018 $464,500 $464,500 2.845 $13,215 +3.08%
2017 $464,500 $464,500 2.76 $12,820 +2.64%
2016 $464,500 $464,500 2.689 $12,490 +2.44%

Permit information for 25 Prospect Street, Morristown, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
46,702
Median age
40
Average household income
$225,910
Family households
62.5%
People per household (average)
2.44
Occupied housing units
18,575
Owner-occupied units
62.5%
Median year structure built
1969
Median value mortgaged units
$743,100
Median value unmortgaged units
$720,300

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
-

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 25 Prospect Street, Morristown, NJ 07960 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 25 Prospect Street, Morristown, NJ 07960?

The development at 25 Prospect Street, Morristown, NJ 07960 was built in 1901.

What is the total square footage of 25 Prospect Street, Morristown, NJ 07960?

25 Prospect Street, Morristown, NJ 07960 has a total of 3,027 square feet.

When was 25 Prospect Street, Morristown, NJ 07960 last sold and what was the sale price?

25 Prospect Street, Morristown, NJ 07960 was last sold on 09/17/2004 for $10.

What is the assessed value of 25 Prospect Street, Morristown, NJ 07960?

25 Prospect Street, Morristown, NJ 07960 is currently assessed at $1,430,500.

What are the property taxes for 25 Prospect Street, Morristown, NJ 07960?

The property taxes for 25 Prospect Street, Morristown, NJ 07960 total $32,887.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account