When was 055 Lake Dr, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2017 for $1,875,000.

What is the assessed value of 055 Lake Dr, Mountain Lakes Boro, NJ?

The total municipal assessment is $1,889,800 (land plus improvements).

What is 055 Lake Dr, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $1,698,678, derived from comparable recorded sales nearby.

How many units does 055 Lake Dr, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 055 Lake Dr, Mountain Lakes Boro, NJ.

What kind of property is 055 Lake Dr, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1921.

parceldata.nj

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055 Lake Dr, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

055 Lake Dr

Mountain Lakes Boro, NJ·Morris County

1425·block 101·lot 16

$1,698,678estimated value

Last sale

$1,875,000

5/22/2017 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1921

Building size

3,618 sq ft

Lot size

0.46 ac

Land description

.459 AC

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,889,800

Land value

$966,600

Improvement value

$923,200

Last year's tax

$39,870

Last MOD-IV sale

$1,875,000

MOD-IV deed date

5/11/2017

Owner mailing address

55 LAKE DR
MOUNTAIN LAKES, NJ 07046

Estimated market value

$1,698,678

range $1,497,025 – $1,922,775

low confidence

Assessment-implied: $2,159,525; Director's Ratio 0.8751 (2025)
Comp-implied: $1,545,063; 30 comparable sales

Estimated value, last 11 years

2016: $1,631,597 → 2026: $1,698,678

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
071 Ball Rd

Bordering

200-ft notice list →

000 Mountain Lake
Lot 1·$396,300
053 Lake Dr
Lot 14·$1,898,800
061 Lake Dr
Lot 18·$2,006,700

Block 101All of Block 101 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "55 LAKE DR MOUNTAIN LAKES NJ 07046"
    ],
    "zipKeys": [
      "55 LAKE DR 07046"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1425_101_16",
  "county_code": "14",
  "district_code": "25",
  "block": "101",
  "lot": "16",
  "qualifier": "",
  "property_location": "055 LAKE DR",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "2SF",
  "land_desc": ".459 AC",
  "year_built": 1921,
  "living_sqft": 3618,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "96660000",
  "improvement_value_cents": "92320000",
  "net_value_cents": "188980000",
  "last_yr_tx_cents": "3987005",
  "deed_date": "2017-05-11",
  "deed_book": "23126",
  "deed_page": "787",
  "sale_price_cents": "187500000",
  "sales_code": null,
  "owner_mailing_street": "55 LAKE DR",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.459000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.43829984774571,
  "centroid_lat": 40.88924601856647
}

SR1A

[
  {
    "id": "8d01e955-a9b2-45c4-809b-382ed8691448",
    "property_id": "ead78f4a-7957-4a64-9731-2263656f7e8d",
    "county_code": "14",
    "district_code": "25",
    "block": "101",
    "lot": "16",
    "qualifier": "",
    "deed_book": "23126",
    "deed_page": "787",
    "deed_date": "2017-05-11",
    "date_recorded": "2017-05-22",
    "sale_price_cents": "187500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6db0fdfc-4051-4bfa-988c-6c0dda8bc4a1",
    "property_id": "ead78f4a-7957-4a64-9731-2263656f7e8d",
    "county_code": "14",
    "district_code": "25",
    "block": "101",
    "lot": "16",
    "qualifier": "",
    "deed_book": "23126",
    "deed_page": "787",
    "deed_date": "2017-05-11",
    "date_recorded": "2017-05-11",
    "sale_price_cents": "187500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "ba5dd594-314b-4718-b6de-7b6e13ad0b4c",
    "property_id": "ead78f4a-7957-4a64-9731-2263656f7e8d",
    "county_code": "14",
    "district_code": "25",
    "block": "101",
    "lot": "16",
    "qualifier": "",
    "deed_book": "5239",
    "deed_page": "118",
    "deed_date": "2000-08-14",
    "date_recorded": "2000-08-29",
    "sale_price_cents": "117500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "9daa797c-b4fb-4065-a7a7-f27044dbcce1",
    "property_id": "ead78f4a-7957-4a64-9731-2263656f7e8d",
    "county_code": "14",
    "district_code": "25",
    "block": "101",
    "lot": "16",
    "qualifier": "",
    "deed_book": "5239",
    "deed_page": "118",
    "deed_date": "2000-08-14",
    "date_recorded": "2000-08-14",
    "sale_price_cents": "117500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 055 Lake Dr, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2017 for $1,875,000.
What is the assessed value of 055 Lake Dr, Mountain Lakes Boro, NJ?: The total municipal assessment is $1,889,800 (land plus improvements).
What is 055 Lake Dr, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $1,698,678, derived from comparable recorded sales nearby.
How many units does 055 Lake Dr, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 055 Lake Dr, Mountain Lakes Boro, NJ.
What kind of property is 055 Lake Dr, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1921.

Sales history

5/22/2017$1,875,000
taxrecords_njBk 23126 / Pg 787
5/11/2017$1,875,000
MOD-IV (Rutgers)Bk 23126 / Pg 787
8/29/2000$1,175,000
taxrecords_njBk 5239 / Pg 118
8/14/2000$1,175,000
MOD-IV (Rutgers)Bk 5239 / Pg 118

Date	Price	Book / Page	Source
5/22/2017	$1,875,000	23126 / 787	taxrecords_nj
5/11/2017	$1,875,000	23126 / 787	MOD-IV (Rutgers)
8/29/2000	$1,175,000	5239 / 118	taxrecords_nj
8/14/2000	$1,175,000	5239 / 118	MOD-IV (Rutgers)