Morris County and Morris Plains Borough property record for 40 E Hanover Ave, Morris Plains, NJ 07950
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 112,088 sqft · built 2003 |
| Lot Size | 5.85 acres (254,826 sqft) |
| Owner | Company Name on File |
| Last Sale | $31,950,000 (Sep 2011) |
| Tax Bill | $544,799 (2024) |
| Deeds & Mortgages | Sep 2021 Mortgage |
| APN | 23-00024-0000-00001 |
| Primary APN | 23-00024-0000-00001 |
|---|---|
| Alternative APNs |
|
| Building Area | 112,088 sqft Total Area |
|---|
| Year Built | Built 2003 |
|---|---|
| Effective Year Built | Effective 2003 |
| Lot Area | 254,826 sqft |
| Account Number | 02400100 |
|---|---|
| Street Address | 40 E HANOVER AVE |
| City | MORRIS PLAINS |
| State | NJ |
| Zip | 07950-2455 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Local Zoning Code | R-5 |
| Legal Description | INCL BLK 24 LOTS 1 3 - 4 & 6 |
| Legal Subdivision | BOROUGH/MORRIS PLAINS |
| Legal Block | 24 |
| Legal Lot Number | 1 |
| Jurisdiction | MORRIS NJ |
| Township / Civil Division | MORRIS PLAINS |
| Census Block Group | 1 |
| Census Block | 1012 |
| Census Tract | 42301 |
40 E Hanover Ave, a residential property, is owned by a company that bought it in September 2011.
Source: Morris County and Morris Plains Borough records, as of July 9, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 500 PLAZA DR, 6, SECAUCUS, NJ 07094-3674 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Sep 2, 2011 · Amount on File |
| Deed Sale | Sep 2, 2011 · Amount on File |
| Prior Sale | Sep 23, 2005 · Amount on File |
| Deed Document Number | 201156490 |
| Deed Book / Page | 21855 / 59 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MORRIS NJ |
| Property Address | 40 E HANOVER AVE, MORRIS PLAINS, NJ 07950-2455 |
| Transaction Type | Mortgage |
| Record Updated | Aug 18, 2022 |
| Name | Verified Name |
|---|---|
| Address | 500 PLAZA DR, SECAUCUS, NJ 07094-3619 |
| Document Number | 0242120580 |
|---|---|
| Date | Sep 13, 2021 |
| Book Page | 24212/580 |
| Instrument | 2021074421 |
| Name | PRINCIPAL LIFE INSURANCE CO |
|---|---|
| Type | Insurance Company |
| Address | DES MOINES, IA 50392 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 57 Months |
| Due | Jun 1, 2026 |
Source: Morris County and Morris Plains Borough assessment roll, as of July 9, 2026
| Type | Name |
|---|---|
| State | New Jersey |
| County | Morris County |
| Municipality | Morris Plains Borough |
| Unified School District | Morris Plains Borough School District (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $21,950,000 (-) Land $5,800,000 Building $16,150,000 | $21,950,000 (-) Land $5,800,000 Building $16,150,000 | |
| 2025 | $21,950,000 Land $5,800,000 Building $16,150,000 | $21,950,000 Land $5,800,000 Building $16,150,000 | |
| 2024 | $544,799.00 | ||
| 2023 | $21,950,000 Land $5,800,000 Building $16,150,000 | $21,950,000 Land $5,800,000 Building $16,150,000 | |
| 2022 | $544,140.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA has no flood map on file for 40 E Hanover Ave; there have been 2 flood claims nearby since 2011.
Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Not on file |
|---|---|
| Nearby Flood Policies | 3 in force |
| Nearby Flood Claims | 2 (2011) |
| Claims Outside the SFHA | 1 of 2 |
| Most Recent Claim | Aug 2011 · Hurricane Irene |
| Claims by Event |
|
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 40 E Hanover Ave has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | SOUTHEAST MORRIS COUNTY MUA serves 62,349 people · EPA ID NJ1424001 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Dec 2023 |
| Lead | 1 ppb (2026) action level 15 ppb |
| Water Quality | Total trihalomethanes resolved · Oct 2018 |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 1 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 242 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Optimum Fiber · Cable | 8,000 / 8,000 |
| Verizon Fiber · Fixed Wireless in parts of the area | 2,300 / 2,300 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: T-Mobile.
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