Business Details
38 Years
experience
Your Trusted Real Estate Appraisal Partner in Melrose, MA
Founded in 1988, JP Morgan has established itself as a premier residential real estate appraisal firm serving Massachusetts. Our team of 12 state-certified appraisers brings decades of combined experience to every assignment, adhering strictly to the Uniform Standards of Professional Appraisal Practice (USPAP). We specialize in mortgage-related appraisals, litigation support, estate planning, relocation appraisals, and raw land evaluations, with particular expertise in complex and unique property valuations. Our Melrose, MA location provides strategic access to efficiently serve clients across the state. The firm's president, J. Paul Morgan Jr., has been actively involved in real estate since 1975 and has served as an expert witness in multiple Massachusetts counties.We maintain rigorous quality standards through continuous professional development and adherence to ethical appraisal practices. Our review services, supported by 78 combined years of experience, meet the needs of major national and regional banks. We offer rapid turnaround times for desk reviews (2-4 hours) and enhanced desk reviews (12-24 hours), with field reviews completed within 2-3 days. Our commitment to accuracy and professionalism has made us a trusted partner for diverse appraisal needs, from single-family homes to complex commercial properties. We maintain transparent communication throughout the appraisal process and provide detailed explanations of our valuation methodologies.
Services
Residential Appraisals
Commercial Appraisals
Litigation Support
Estate Planning Appraisals
Land Appraisals
Subdivision Analysis
Market Feasibility Studies
PMI Removal Appraisals
Review Appraisal Services
Expert Witness Testimony
Details
- Year established: 1988
Highlights and features
- We have 35+ years of continuous appraisal experience since 1988
- Our team includes 12 state-certified appraisers with 78 combined years of experience
- We adhere to Uniform Standards Professional Appraisal Practice (USPAP)
- We provide litigation support and expert witness testimony in Massachusetts courts
- We offer rapid desk reviews completed within 2-4 hours of receipt
Services
Residential Appraisals
We conduct comprehensive residential property valuations for mortgage lenders and individual clients. Our certified appraisers analyze recent sales data, property condition, and market trends to deliver accurate, USPAP-compliant reports. Our Melrose office supports rapid turnaround times for standard and complex assignments.
Litigation Support
Our firm provides expert valuation analysis for divorce proceedings, property disputes, and other legal matters. With experience as qualified expert witnesses in Massachusetts courts, we deliver thorough documentation and courtroom-ready testimony based on rigorous appraisal methodologies.
Land Appraisals
We specialize in vacant land and raw land appraisals for development, estate planning, or acquisition purposes. Our analysis considers zoning regulations, potential uses, and comparable land sales to determine accurate market values for undeveloped properties.
Review Appraisal Services
We offer desk reviews completed in 2-4 hours and enhanced reviews within 12-24 hours. Our review process validates field appraiser data through MLS and assessor databases, ensuring compliance with FNMA Form 2006 standards for major financial institutions.
Estate Planning Appraisals
We provide accurate property valuations for estate planning, probate, and trust administration. Our appraisals meet IRS requirements and help executors determine fair market values for property distribution or sale decisions.
People
J. Paul Morgan Jr.
President
Real estate appraiser since 1993 with 35+ years industry experience. Qualified expert witness in Massachusetts courts. Holds MA and RI certified residential appraiser licenses. MBA from Babson College and BSBA in Finance from Northeastern University.
Questions
What types of appraisal services do you offer?
We provide residential and commercial appraisals, litigation support, estate planning valuations, land appraisals, subdivision analysis, and expert witness testimony.
How quickly can you complete an appraisal?
Desk reviews take 2-4 hours, enhanced desk reviews 12-24 hours, and field reviews typically 2-3 days with rush options available.
Are your appraisers certified?
Yes, we employ 12 state-certified appraisers with 78 combined years of experience adhering to USPAP standards.
Do you serve areas outside Massachusetts?
Our primary service territory is Massachusetts, with office locations strategically positioned to efficiently cover the entire state.
How do I request an appraisal?
Complete our online appraisal order form or contact us directly at (781) 245-0600 for immediate assistance with your request.