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5 Thompson Way

Morris Plains, NJ 07950

4 bd 3 ba Built 1981 Lot 18,295 sqft single_family
Most recent sale
$935,000
Dec 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 19, 2022 Sold $935,000 GardenState
Nov 14, 2011 Sold $595,000 Public Record
Jun 9, 2005 Sold $700,000 Public Record
Sep 17, 1998 Sold $120,000 Public Record
Nov 1, 1981 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $232,800 $286,800 $519,600 $13,155
2024 $229,500 $286,800 $516,300 $12,814
2023 $213,400 $286,800 $500,200 $12,500
2022 $213,400 $286,800 $500,200 $12,399
2021 $213,400 $286,800 $500,200 $12,249
2020 $213,400 $286,800 $500,200 $11,944
2019 $213,400 $286,800 $500,200 $11,714
2018 $213,400 $286,800 $500,200 $11,334
2017 $213,400 $286,800 $500,200 $11,109
2016 $213,400 $286,800 $500,200 $10,719
2015 $213,400 $286,800 $500,200 $10,769
2014 $213,400 $286,800 $500,200 $10,644
2013 $208,200 $286,800 $495,000 $10,162
2012 $208,200 $286,800 $495,000 $9,810
2011 $208,200 $286,800 $495,000 $9,340
2009 $208,200 $286,800 $495,000 $8,538
2008 $204,000 $120,400 $324,400 $10,257
2007 $204,000 $120,400 $324,400 $9,894

Property facts

Year built
1981
Property type
single_family
Stories
Beds
4
Baths
3
Living area
Lot size
18,295 sqft
ZIP code
07950
City
Morris Plains
Street
Thompson Way
Coordinates
40.83354, -74.47519

Frequently asked questions

When did 5 Thompson Way last sell?
5 Thompson Way most recently sold on Dec 19, 2022 for $935,000.
What is the current tax assessment for 5 Thompson Way?
The most recent total assessment for 5 Thompson Way (year 2025) is $519,600 with $13,155 in property tax.
How does 5 Thompson Way's assessment compare to its last sale price?
The current assessment is 44.4% below the last sale price of $935,000.
When was 5 Thompson Way built?
5 Thompson Way was built in 1981.
How does 5 Thompson Way compare to others on Thompson Way?
We do not currently track other properties on Thompson Way.
What are the property facts for 5 Thompson Way?
5 Thompson Way is a 4 bed, 3 bath, 18,295 sqft lot single_family.
Is 5 Thompson Way a flip candidate?
No — 5 Thompson Way does not appear in our flips dataset.
Is 5 Thompson Way a tax-appeal candidate?
No — 5 Thompson Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$577K
2026 Q4
$586.7K
ZIP 07950 — Median Price History + Forecast

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