A memorial stone and bronze plaque in the Masterton Pioneer Cemetery was originally unveiled in November 1974, a donation from the Wairarapa Branch of the NZ Founders Society, by Lena Iorns, a direct descendent of Joseph Masters. The memorial was damaged in 2011 as part of the Council's rejuvenation plan for the QEII Park. A reinstatement ceremony was held on 17 April 2015.