When was property at 16 Sherman Place built and last sold?

The property at 16 Sherman Place was built in 1987 and last sold on Mar 15, 2018 for $540,000.

How much is this home worth?

The estimated value of the home located at 16 Sherman Place is $717,100.

What are some comparable homes to 16 Sherman Place?

There are currently no comparable homes to 16 Sherman Place.

Morris

07950

16 Sherman Pl

Sold on Sep 10, 2026

Map

$934,000

● House - Off Market

16 Sherman Pl

Morristown Town, NJ 07960

3 Beds

0 Bath

$3,683

Est. Monthly

Unit Size

Days on Market

Land Size

0.29 acres

Price per sqft

Property Type

House

Property Taxes

HOA Dues

Year Built

1987

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (GSMLS #4042458)

Price History

Date / Event	Date	Event
Sep 10, 2026	Sold	Premium
Sold
Jul 30, 2026	In contract	-
In contract
Sep 15, 2023	Sold	Premium
Sold
Aug 1, 2023	In contract	-
In contract

Property Highlights

Building Info

Overview

General

Year Built: 1987

Effective Year Built: 1987
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 3
Building Quality: 0
Construction Type: 0
Building Style: 4
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 20
Floor Count: 150
Living Units: 1
Floor Cover: 0
Basement Type: 9
Basement Area: 1,891
Garage Type: 10
Garage Square Area: 1,122
Parking Space Count: 0
Patio Type: 20
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 17,424

Total Building Area: 2,263
Building Area: 2,263
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 1
Heated Square Feet: 2,263
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Land Acres: 0000000400
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Morris Township School District

Census Tract: 043401

Zoning

Zoning: RA-7

Geography

District: 22

Parcel: 22 00301-0000-00040
Block: 301
Lot: 40
Municipality: MORRIS TWP
Latitude: 40.8161
Longitude: -74.4885

Address

Full Address: 16 Sherman Pl

Address - House Number: 16
Address - Street Name: Sherman
Address - Suffix Type: Pl
State: NJ
City Name: Morris Plains
Carrier Code: C002
4-Digit Zip Code: 1639
Zip Code: 07950

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,016,535

Appraisal Valuation

Standard Deviation: 0.1547

Valuation Date: Feb 14, 2024
Confidence Score: 80
Final Value: 762,714
High Value: 880,766
Low Value: 644,661

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $565,281

Market Land Value: $256,439
Market Improvement Value: $308,842

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $507,000
Assessed Land Value: $230,000
Assessed Improvements Value: $277,000

Sales

Current Sale Contract Date: Mar 15, 2018

Current Sale Recording Date: Mar 27, 2018
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2018016603
Previous Sale Recording Date: Oct 02, 2006
Previous Sale Contract Date: Sep 21, 2006
Previous Sale Amount: $515,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Morris

Stats & Trends

Median Asking:

$729,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

Average Home Size

831 ft²

Average Home Age

31 years

Currently For Sale

914 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 30 Court St C308, Morristown Town, 07960-5530

$6,350 /mo

2 Beds
2 Baths

30 Court St C308, Morristown Town, 07960-5530 Listing by HEATHER BAILEY

Unit for rent at 37 Colles Ave, Morristown Town, 07960-5204

$6,000 /mo

3 Beds
1 Bath

37 Colles Ave, Morristown Town, 07960-5204 Listing by JOSEPHINE ADAMS

Unit for rent at 15 Atno Ave, Morristown Town, 07960-3804

$3,400 /mo

2 Beds
1 Bath

15 Atno Ave #1, Morristown Town, 07960-3804 Listing by KRISTEN FRIEDMAN

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 2 months ago
Data Source: GSMLS, MLS#

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

16 Sherman Pl

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Morris

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions