When was 041 Lake Dr, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2021 for $1,951,000.

What is the assessed value of 041 Lake Dr, Mountain Lakes Boro, NJ?

The total municipal assessment is $2,361,500 (land plus improvements).

What is 041 Lake Dr, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $2,115,249, derived from comparable recorded sales nearby.

How many units does 041 Lake Dr, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 041 Lake Dr, Mountain Lakes Boro, NJ.

What kind of property is 041 Lake Dr, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1928.

parceldata.nj

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

041 Lake Dr

Mountain Lakes Boro, NJ·Morris County

1425·block 101·lot 8

$2,115,249estimated value

Last sale

$1,951,000

5/17/2021 · SR1A 2021

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1928

Building size

3,696 sq ft

Lot size

0.65 ac

Land description

.646 AC

Building description

1.5SS

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$2,361,500

Land value

$1,023,600

Improvement value

$1,337,900

Last year's tax

$51,710

Last MOD-IV sale

$1,951,000

MOD-IV deed date

5/3/2021

Owner mailing address

41 LAKE DR
MOUNTAIN LAKES, NJ 07046

Estimated market value

$2,115,249

range $1,847,400 – $2,379,768

high confidence

Assessment-implied: $2,698,549; Director's Ratio 0.8751 (2025)
Comp-implied: $1,613,215; 30 comparable sales

Estimated value, last 11 years

2016: $2,031,717 → 2026: $2,115,249

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold

Bordering

200-ft notice list →

000 Mountain Lake
Lot 1·$396,300
049 Lake Dr
Lot 12·$1,934,700
037 Lake Dr
Lot 4·$1,796,800

Block 101All of Block 101 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_101_8",
  "county_code": "14",
  "district_code": "25",
  "block": "101",
  "lot": "8",
  "qualifier": "",
  "property_location": "041 LAKE DR",
  "property_class": "2",
  "bldg_class": "21",
  "bldg_desc": "1.5SS",
  "land_desc": ".646 AC",
  "year_built": 1928,
  "living_sqft": 3696,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "102360000",
  "improvement_value_cents": "133790000",
  "net_value_cents": "236150000",
  "last_yr_tx_cents": "5170975",
  "deed_date": "2021-05-03",
  "deed_book": "24132",
  "deed_page": "1165",
  "sale_price_cents": "195100000",
  "sales_code": null,
  "owner_mailing_street": "41 LAKE DR",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.646000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.43787238372322,
  "centroid_lat": 40.890061967305755
}

SR1A

[
  {
    "id": "ea7acedb-5c52-40c0-bc1f-b14e01632ba6",
    "property_id": null,
    "county_code": "14",
    "district_code": "25",
    "block": "101",
    "lot": "8",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-05-03",
    "date_recorded": "2021-05-17",
    "sale_price_cents": "195100000",
    "sr1a_year": 2021,
    "source": "sr1a"
  },
  {
    "id": "2062f950-91dc-48a9-b007-a12716b4480e",
    "property_id": "622ee137-dbf0-4f4e-83c7-d88601ba5537",
    "county_code": "14",
    "district_code": "25",
    "block": "101",
    "lot": "8",
    "qualifier": "",
    "deed_book": "24132",
    "deed_page": "1165",
    "deed_date": "2021-05-03",
    "date_recorded": "2021-05-17",
    "sale_price_cents": "195100000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d891e459-5185-4ab5-8efb-7e95c9fd0e28",
    "property_id": "622ee137-dbf0-4f4e-83c7-d88601ba5537",
    "county_code": "14",
    "district_code": "25",
    "block": "101",
    "lot": "8",
    "qualifier": "",
    "deed_book": "24132",
    "deed_page": "1165",
    "deed_date": "2021-05-03",
    "date_recorded": "2021-05-03",
    "sale_price_cents": "195100000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "ab454c03-550c-42e8-82d4-f5558d450d44",
    "property_id": "622ee137-dbf0-4f4e-83c7-d88601ba5537",
    "county_code": "14",
    "district_code": "25",
    "block": "101",
    "lot": "8",
    "qualifier": "",
    "deed_book": "5965",
    "deed_page": "170",
    "deed_date": "2003-10-29",
    "date_recorded": "2003-11-25",
    "sale_price_cents": "189500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "358cf44d-0bb4-48af-b33f-82eff93c859a",
    "property_id": "622ee137-dbf0-4f4e-83c7-d88601ba5537",
    "county_code": "14",
    "district_code": "25",
    "block": "101",
    "lot": "8",
    "qualifier": "",
    "deed_book": "5965",
    "deed_page": "170",
    "deed_date": "2003-10-29",
    "date_recorded": "2003-10-29",
    "sale_price_cents": "189500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 041 Lake Dr, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2021 for $1,951,000.
What is the assessed value of 041 Lake Dr, Mountain Lakes Boro, NJ?: The total municipal assessment is $2,361,500 (land plus improvements).
What is 041 Lake Dr, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $2,115,249, derived from comparable recorded sales nearby.
How many units does 041 Lake Dr, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 041 Lake Dr, Mountain Lakes Boro, NJ.
What kind of property is 041 Lake Dr, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1928.

Sales history

5/17/2021$1,951,000
SR1A 2021
5/17/2021$1,951,000
taxrecords_njBk 24132 / Pg 1165
5/3/2021$1,951,000
MOD-IV (Rutgers)Bk 24132 / Pg 1165
11/25/2003$1,895,000
taxrecords_njBk 5965 / Pg 170
10/29/2003$1,895,000
MOD-IV (Rutgers)Bk 5965 / Pg 170

Date	Price	Book / Page	Source
5/17/2021	$1,951,000	—	SR1A 2021
5/17/2021	$1,951,000	24132 / 1165	taxrecords_nj
5/3/2021	$1,951,000	24132 / 1165	MOD-IV (Rutgers)
11/25/2003	$1,895,000	5965 / 170	taxrecords_nj
10/29/2003	$1,895,000	5965 / 170	MOD-IV (Rutgers)

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