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12 Schoolhouse Ln

Morris Twp, NJ 07960

3 bd 2 ba 2,033 sqft Built 1954 Lot 120,226 sqft single_family
Most recent sale
$592,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 12, 2025 Listed $799,000 GardenState
Sep 19, 2024 Listed $999,900 GardenState
Feb 25, 2022 Sold $592,000 MLS #3757254

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1954
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,033 sqft
Lot size
120,226 sqft
ZIP code
07960
City
Morris Twp
Street
Schoolhouse Ln
Coordinates
40.81218, -74.54540

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,050
Gross rental yield
6.18%
Implied cap rate
4.02%
Trend-extrapolated value

Frequently asked questions

When did 12 Schoolhouse Ln last sell?
12 Schoolhouse Ln most recently sold on Feb 25, 2022 for $592,000.
What is the current tax assessment for 12 Schoolhouse Ln?
No tax-assessment history is recorded for this parcel.
When was 12 Schoolhouse Ln built?
12 Schoolhouse Ln was built in 1954.
How does 12 Schoolhouse Ln compare to others on Schoolhouse Ln?
We track 4 other properties on Schoolhouse Ln. Browse the list under "Other properties on Schoolhouse Ln" to compare beds, baths, and sale history.
What are the property facts for 12 Schoolhouse Ln?
12 Schoolhouse Ln is a 3 bed, 2 bath, 2,033 sqft, 120,226 sqft lot single_family.
Is 12 Schoolhouse Ln a flip candidate?
No — 12 Schoolhouse Ln does not appear in our flips dataset.
Is 12 Schoolhouse Ln a tax-appeal candidate?
No — 12 Schoolhouse Ln 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
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$945.2K
2026 Q4
$942K
ZIP 07960 — Median Price History + Forecast

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