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51 Morgan Dr

Sparta, NJ 07871

5 bd 4 ba 4,313 sqft Built 2003 Lot 43,560 sqft single_family
Most recent sale
$1,100,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $1,100,000 MLS #3768727
Mar 12, 2022 Listed $1,100,000 MLS #3768727
Dec 13, 2011 Sold $588,000 Public Record
Nov 12, 2011 Listing removed $600,000 NewJerseyMLS
Nov 8, 2011 Listing removed $600,000 GardenState
Oct 12, 2011 Price changed $600,000 MLS #1132462
Aug 20, 2011 Listed $630,000 MLS #1132462
Aug 12, 2011 Listed $630,000 MLS #2879984
Dec 4, 2003 Sold $667,597 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $498,400 $180,000 $678,400 $24,883
2024 $498,400 $180,000 $678,400 $24,347
2023 $498,400 $180,000 $678,400 $23,649
2022 $498,400 $180,000 $678,400 $23,079
2021 $498,400 $180,000 $678,400 $22,712
2020 $498,400 $180,000 $678,400 $23,066
2019 $498,400 $180,000 $678,400 $22,469
2018 $498,400 $180,000 $678,400 $21,994
2017 $498,400 $180,000 $678,400 $21,722
2016 $498,400 $180,000 $678,400 $21,214
2015 $335,800 $135,000 $470,800 $18,309
2014 $335,800 $135,000 $470,800 $18,013
2013 $371,600 $135,000 $506,600 $18,972
2012 $371,600 $135,000 $506,600 $18,511
2011 $371,600 $135,000 $506,600 $17,802
2010 $476,400 $150,100 $626,500 $20,493
2009 $469,900 $150,100 $620,000 $19,369
2008 $469,900 $150,100 $620,000 $18,501
2007 $469,900 $150,100 $620,000 $17,794

Property facts

Year built
2003
Property type
single_family
Stories
Beds
5
Baths
4
Living area
4,313 sqft
Lot size
43,560 sqft
ZIP code
07871
City
Sparta
Street
Morgan Dr
Coordinates
41.05042, -74.63780

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,470
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 51 Morgan Dr last sell?
51 Morgan Dr most recently sold on Jul 8, 2022 for $1,100,000.
What is the current tax assessment for 51 Morgan Dr?
The most recent total assessment for 51 Morgan Dr (year 2025) is $678,400 with $24,883 in property tax.
How does 51 Morgan Dr's assessment compare to its last sale price?
The current assessment is 38.3% below the last sale price of $1,100,000.
When was 51 Morgan Dr built?
51 Morgan Dr was built in 2003.
How does 51 Morgan Dr compare to others on Morgan Dr?
We track 8 other properties on Morgan Dr. Browse the list under "Other properties on Morgan Dr" to compare beds, baths, and sale history.
What are the property facts for 51 Morgan Dr?
51 Morgan Dr is a 5 bed, 4 bath, 4,313 sqft, 43,560 sqft lot single_family.
Is 51 Morgan Dr a flip candidate?
No — 51 Morgan Dr does not appear in our flips dataset.
Is 51 Morgan Dr a tax-appeal candidate?
No — 51 Morgan Dr 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
+3.5%
Implied 1-yr
+14.1%
2026 Q3
$811.5K
2026 Q4
$834.8K
ZIP 07871 — Median Price History + Forecast

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