When was 115 Route 46, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2019 for $375,000.

What is the assessed value of 115 Route 46, Mountain Lakes Boro, NJ?

The total municipal assessment is $445,500 (land plus improvements).

What is 115 Route 46, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $511,637, derived from comparable recorded sales nearby.

What kind of property is 115 Route 46, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Commercial (class 4A).

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115 Route 46, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

115 Route 46

Mountain Lakes Boro, NJ·Morris County

1425·block 116·lot 5.05

$511,637estimated value

Last sale

$375,000

1/23/2020 · taxrecords_nj

2 other properties share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

—

Lot size

0.06 ac

Land description

.058 AC

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$445,500

Land value

$105,000

Improvement value

$340,500

Last year's tax

$10,264

Last MOD-IV sale

$375,000

MOD-IV deed date

12/23/2019

Additional lots

C06A

Owner mailing address

115 ROUTE 46, BLDG A ST 5
MOUNTAIN LAKES, NJ 07046

Estimated market value

$511,637

range $437,823 – $585,450

moderate confidence

Assessment-implied: $509,085; Director's Ratio 0.8751 (2025)
Comparable sales: 5 (below threshold)

Estimated value, last 11 years

2016: $491,432 → 2026: $511,637

dots are actual sale prices for this property

Based on 5 comparable sales

Address	Sold	Price
115 Route 46 D 25-26	8/8/2025	$530,000
115 Route 46	6/17/2025	$245,000

Bordering

200-ft notice list →

115 Route 46
Lot 5.01·$395,900
115 Route 46
Lot 5.03·$210,600
115 Route 46
Lot 5.04·$174,000
115 Route 46
Lot 5.07·$222,000
115 Route 46
Lot 5.08·$223,400
115 Route 46
Lot 5.42·$208,500
115 Route 46
Lot 5.46·$208,500

Block 116All of Block 116 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 2,
  "portfolioKeys": {
    "fullKeys": [
      "115 ROUTE 46 BLDG A ST 5 MOUNTAIN LAKES NJ 07046"
    ],
    "zipKeys": [
      "115 ROUTE 46 BLDG A ST 5 07046"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1425_116_5.05",
  "county_code": "14",
  "district_code": "25",
  "block": "116",
  "lot": "5.05",
  "qualifier": "",
  "property_location": "115 ROUTE 46",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": null,
  "land_desc": ".058 AC",
  "year_built": null,
  "living_sqft": null,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "10500000",
  "improvement_value_cents": "34050000",
  "net_value_cents": "44550000",
  "last_yr_tx_cents": "1026362",
  "deed_date": "2019-12-23",
  "deed_book": "23699",
  "deed_page": "1011",
  "sale_price_cents": "37500000",
  "sales_code": null,
  "owner_mailing_street": "115 ROUTE 46, BLDG A ST 5",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.058000",
  "add_lots1": "C06A",
  "add_lots2": null,
  "prop_use": "000",
  "fac_name": null,
  "centroid_lon": -74.44236607302756,
  "centroid_lat": 40.878073381778705
}

SR1A

[
  {
    "id": "9b851378-11ff-4757-b12d-eaeb23f08bee",
    "property_id": "bdafa91a-c00a-4f71-874c-1332a057b3fc",
    "county_code": "14",
    "district_code": "25",
    "block": "116",
    "lot": "5.05",
    "qualifier": "",
    "deed_book": "23699",
    "deed_page": "1011",
    "deed_date": "2019-12-23",
    "date_recorded": "2020-01-23",
    "sale_price_cents": "37500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "cd29da81-7436-4312-9eaf-506509167244",
    "property_id": "bdafa91a-c00a-4f71-874c-1332a057b3fc",
    "county_code": "14",
    "district_code": "25",
    "block": "116",
    "lot": "5.05",
    "qualifier": "",
    "deed_book": "23699",
    "deed_page": "1011",
    "deed_date": "2019-12-23",
    "date_recorded": "2019-12-23",
    "sale_price_cents": "37500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 115 Route 46, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2019 for $375,000.
What is the assessed value of 115 Route 46, Mountain Lakes Boro, NJ?: The total municipal assessment is $445,500 (land plus improvements).
What is 115 Route 46, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $511,637, derived from comparable recorded sales nearby.
What kind of property is 115 Route 46, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Commercial (class 4A).

Sales history

1/23/2020$375,000
taxrecords_njBk 23699 / Pg 1011
12/23/2019$375,000
MOD-IV (Rutgers)Bk 23699 / Pg 1011

Date	Price	Book / Page	Source
1/23/2020	$375,000	23699 / 1011	taxrecords_nj
12/23/2019	$375,000	23699 / 1011	MOD-IV (Rutgers)