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

The most recent recorded sale was in 2004 for $340,000.

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

The total municipal assessment is $395,900 (land plus improvements).

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

Our model estimates a market value of $452,405, 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).

parceldata.nj

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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 5.09

$452,405estimated value

Last sale

$340,000

4/13/2005 · taxrecords_nj

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

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

2,259 sq ft

Lot size

0.05 ac

Land description

.052 AC

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$395,900

Land value

$105,000

Improvement value

$290,900

Last year's tax

$9,122

Last MOD-IV sale

$340,000

MOD-IV deed date

12/23/2004

Additional lots

C10B

Owner mailing address

494 OLD SHORT HILLS RD
SHORT HILLS, NJ 07078

Estimated market value

$452,405

range $384,545 – $520,266

moderate confidence

Assessment-implied: $452,405; Director's Ratio 0.8751 (2025)
Comparable sales: 5 (below threshold)

Estimated value, last 11 years

2016: $434,540 → 2026: $452,405

Based on 5 comparable sales

Address	Sold	Price
115 Route 46 D 25-26	8/8/2025	$530,000
115 Route 46	9/23/2024	$1,190,000

Bordering

200-ft notice list →

115 Route 46
Lot 5.11·$210,600
115 Route 46
Lot 5.13·$445,500
115 Route 46
Lot 5.15·$222,000
115 Route 46
Lot 5.16·$223,400
115 Route 46
Lot 5.51·$410,800
115 Route 46
Lot 5.52·$334,400

Block 116All of Block 116 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 1,
  "portfolioKeys": {
    "fullKeys": [
      "494 OLD SHORT HILLS RD SHORT HILLS NJ 07078"
    ],
    "zipKeys": [
      "494 OLD SHORT HILLS RD 07078"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1425_116_5.09",
  "county_code": "14",
  "district_code": "25",
  "block": "116",
  "lot": "5.09",
  "qualifier": "",
  "property_location": "115 ROUTE 46",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": null,
  "land_desc": ".052 AC",
  "year_built": null,
  "living_sqft": 2259,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "10500000",
  "improvement_value_cents": "29090000",
  "net_value_cents": "39590000",
  "last_yr_tx_cents": "912216",
  "deed_date": "2004-12-23",
  "deed_book": "6308",
  "deed_page": "236",
  "sale_price_cents": "34000000",
  "sales_code": null,
  "owner_mailing_street": "494 OLD SHORT HILLS RD",
  "owner_mailing_city_state_zip": "SHORT HILLS, NJ  07078",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.052000",
  "add_lots1": "C10B",
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.44198275116378,
  "centroid_lat": 40.87809301017866
}

SR1A

[
  {
    "id": "932eda0c-672f-4e84-a3c2-41304db13378",
    "property_id": "9d8c3441-7416-4054-9ab7-c7c63d9a1f20",
    "county_code": "14",
    "district_code": "25",
    "block": "116",
    "lot": "5.09",
    "qualifier": "",
    "deed_book": "6308",
    "deed_page": "236",
    "deed_date": "2004-12-23",
    "date_recorded": "2005-04-13",
    "sale_price_cents": "34000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "1ce0c125-2bd9-42e3-bf4f-593b071ad490",
    "property_id": "9d8c3441-7416-4054-9ab7-c7c63d9a1f20",
    "county_code": "14",
    "district_code": "25",
    "block": "116",
    "lot": "5.09",
    "qualifier": "",
    "deed_book": "6308",
    "deed_page": "236",
    "deed_date": "2004-12-23",
    "date_recorded": "2004-12-23",
    "sale_price_cents": "34000000",
    "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 2004 for $340,000.
What is the assessed value of 115 Route 46, Mountain Lakes Boro, NJ?: The total municipal assessment is $395,900 (land plus improvements).
What is 115 Route 46, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $452,405, 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

4/13/2005$340,000
taxrecords_njBk 6308 / Pg 236
12/23/2004$340,000
MOD-IV (Rutgers)Bk 6308 / Pg 236

Date	Price	Book / Page	Source
4/13/2005	$340,000	6308 / 236	taxrecords_nj
12/23/2004	$340,000	6308 / 236	MOD-IV (Rutgers)