When was 172 Lake Ave, Boonton Town, NJ last sold?

The most recent recorded sale was in 2021 for $465,000.

What is the assessed value of 172 Lake Ave, Boonton Town, NJ?

The total municipal assessment is $365,600 (land plus improvements).

What is 172 Lake Ave, Boonton Town, NJ worth?

Our model estimates a market value of $621,720, derived from comparable recorded sales nearby.

How many units does 172 Lake Ave, Boonton Town, NJ have?

Records show 1 dwelling unit at 172 Lake Ave, Boonton Town, NJ.

What kind of property is 172 Lake Ave, Boonton Town, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1927.

parceldata.nj

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172 Lake Ave, Boonton Town, NJ — owner, sales, deeds · parceldata

172 Lake Ave

Boonton Town, NJ 07005·Morris County

1401·block 119·lot 10.01

$621,720estimated value

Last sale

$465,000

1/20/2022 · taxrecords_nj

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1927

Building size

1,741 sq ft

Lot size

0.17 ac

Land description

50X150

Building description

2SF-G1

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$365,600

Land value

$185,100

Improvement value

$180,500

Last year's tax

$12,357

Last MOD-IV sale

$465,000

MOD-IV deed date

12/7/2021

Owner mailing address

172 LAKE AVE
BOONTON, NJ 07005

Estimated market value

$621,720

range $523,209 – $692,505

high confidence

Assessment-implied: $577,932; Director's Ratio 0.6326 (2025)
Comp-implied: $646,099; 30 comparable sales

Estimated value, last 11 years

2016: $337,676 → 2026: $621,720

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
222 Mechanic St	4/22/2026	$599,000
123 Old Boonton Rd	4/21/2026	$531,404

Bordering

200-ft notice list →

178 Lake Ave
Lot 10·$335,400
114 River Rd
Lot 10.02·$390,700
110 River Rd
Lot 10.03·$239,700
166 Lake Ave
Lot 11·$363,700

Block 119All of Block 119 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 1,
  "portfolioKeys": {
    "fullKeys": [
      "172 LAKE AVE BOONTON NJ 07005"
    ],
    "zipKeys": [
      "172 LAKE AVE 07005"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1401_119_10.01",
  "county_code": "14",
  "district_code": "01",
  "block": "119",
  "lot": "10.01",
  "qualifier": "",
  "property_location": "172 LAKE AVE",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SF-G1",
  "land_desc": "50X150",
  "year_built": 1927,
  "living_sqft": 1741,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "18510000",
  "improvement_value_cents": "18050000",
  "net_value_cents": "36560000",
  "last_yr_tx_cents": "1235728",
  "deed_date": "2021-12-07",
  "deed_book": "24323",
  "deed_page": "1235",
  "sale_price_cents": "46500000",
  "sales_code": null,
  "owner_mailing_street": "172 LAKE AVE",
  "owner_mailing_city_state_zip": "BOONTON, NJ  07005",
  "mun_name": "BOONTON TOWN",
  "calc_acre": "0.172200",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.42138346068212,
  "centroid_lat": 40.90985075792108
}

SR1A

[
  {
    "id": "bbed0402-5549-4e42-94a7-d016c1374e0d",
    "property_id": "77b34b47-38e5-47e2-9542-65dcd00c0bf0",
    "county_code": "14",
    "district_code": "01",
    "block": "119",
    "lot": "10.01",
    "qualifier": "",
    "deed_book": "24323",
    "deed_page": "1235",
    "deed_date": "2021-12-07",
    "date_recorded": "2022-01-20",
    "sale_price_cents": "46500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "9001e1ea-5007-4823-bc79-bf5f282f015e",
    "property_id": "77b34b47-38e5-47e2-9542-65dcd00c0bf0",
    "county_code": "14",
    "district_code": "01",
    "block": "119",
    "lot": "10.01",
    "qualifier": "",
    "deed_book": "24323",
    "deed_page": "1235",
    "deed_date": "2021-12-07",
    "date_recorded": "2021-12-07",
    "sale_price_cents": "46500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 172 Lake Ave, Boonton Town, NJ last sold?: The most recent recorded sale was in 2021 for $465,000.
What is the assessed value of 172 Lake Ave, Boonton Town, NJ?: The total municipal assessment is $365,600 (land plus improvements).
What is 172 Lake Ave, Boonton Town, NJ worth?: Our model estimates a market value of $621,720, derived from comparable recorded sales nearby.
How many units does 172 Lake Ave, Boonton Town, NJ have?: Records show 1 dwelling unit at 172 Lake Ave, Boonton Town, NJ.
What kind of property is 172 Lake Ave, Boonton Town, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1927.

Sales history

1/20/2022$465,000
taxrecords_njBk 24323 / Pg 1235
12/7/2021$465,000
MOD-IV (Rutgers)Bk 24323 / Pg 1235

Date	Price	Book / Page	Source
1/20/2022	$465,000	24323 / 1235	taxrecords_nj
12/7/2021	$465,000	24323 / 1235	MOD-IV (Rutgers)