Property profile

4 Perry St Morristown, NJ 07960

OFF-MARKET
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Property ID
US59-0551101
3,010 SF 0.13 ac Built 1876
Last sale May 2009·$625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A mixed-use property in Downtown Morristown, located near the train station and public transit, with proximity to restaurants and theaters. The first floor is configured with three private offices, a reception area, a waiting room, a kitchenette, a print and copy area, and a bathroom. The upper level contains apartments, supporting either combined live/work use or multi-unit residential use. The building is approximately 3,586 square feet, with an additional 192-square-foot porch and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$438k
Assessed land$270k
Assessed improvement$168k
Effective rate2.89%

Value estimate

· Nov 2026
$385k
$347k – $424k
AI approach$385k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$325/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$226 – $501
Qualifying comparables17

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ORC
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.8
Shoe Repair8.7
Pet Grooming Service8.4

Location

4 Perry St Morristown, NJ 07960-9447
County assessor Recorded deeds · 2 transfers 17 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28 Dehart, Morristown, NJ 07960-5210 $925,000 Jul 2025 2,188 SF
22 Maple, Morristown, NJ 07960-5452 $150,000 Dec 2024 3,839 SF
1 Maple, Morristown, NJ 07960-5214 $736,229 Nov 2024 3,936 SF
114 Maple, Morristown, NJ 07960-8613 $799,999 Oct 2024 2,272 SF
60 Maple, Morristown, NJ 07960-5218 $1,950,000 Jun 2024 4,598 SF
3 Ridgedale, Morristown, NJ 07960-4247 $4,200,000 Apr 2024 4,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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