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

The most recent recorded sale was in 2019 for $1.

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

The total municipal assessment is $222,000 (land plus improvements).

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

Our model estimates a market value of $253,685, 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 07046·Morris County

1425·block 116·lot 5.15

$253,685estimated value

Last sale

4/11/2019 · taxrecords_nj

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

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

—

Lot size

0.03 ac

Land description

.029 AC

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$222,000

Land value

$105,000

Improvement value

$117,000

Last year's tax

$5,115

Last MOD-IV sale

MOD-IV deed date

3/19/2019

Owner mailing address

115 ROUTE 46
MOUNTAIN LAKES, NJ 07046

Estimated market value

$253,685

range $215,633 – $291,738

moderate confidence

Assessment-implied: $253,685; Director's Ratio 0.8751 (2025)
Comparable sales: 4 (below threshold)

Estimated value, last 11 years

2016: $243,667 → 2026: $253,685

Based on 4 comparable sales

Address	Sold	Price
115 Route 46	6/17/2025	$245,000
115 Route 46	9/23/2024	$1,190,000

Bordering

200-ft notice list →

115 Route 46
Lot 5.09·$395,900
115 Route 46
Lot 5.11·$210,600
115 Route 46
Lot 5.13·$445,500
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": 5,
  "portfolioKeys": {
    "fullKeys": [
      "115 ROUTE 46 MOUNTAIN LAKES NJ 07046"
    ],
    "zipKeys": [
      "115 ROUTE 46 07046"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1425_116_5.15",
  "county_code": "14",
  "district_code": "25",
  "block": "116",
  "lot": "5.15",
  "qualifier": "",
  "property_location": "115 ROUTE 46",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": null,
  "land_desc": ".029 AC",
  "year_built": null,
  "living_sqft": null,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "10500000",
  "improvement_value_cents": "11700000",
  "net_value_cents": "22200000",
  "last_yr_tx_cents": "511510",
  "deed_date": "2019-03-19",
  "deed_book": "23519",
  "deed_page": "1287",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "115 ROUTE 46",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.029000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "000",
  "fac_name": null,
  "centroid_lon": -74.44198275116378,
  "centroid_lat": 40.87809301017866
}

SR1A

[
  {
    "id": "93a2012e-2455-42fe-9122-d3f7c0346c6b",
    "property_id": "6e4f9150-6424-404f-91d4-7721c037afe6",
    "county_code": "14",
    "district_code": "25",
    "block": "116",
    "lot": "5.15",
    "qualifier": "",
    "deed_book": "23519",
    "deed_page": "1287",
    "deed_date": "2019-03-19",
    "date_recorded": "2019-04-11",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "93cde4ec-8b23-4e3a-9d11-af72c9715355",
    "property_id": "6e4f9150-6424-404f-91d4-7721c037afe6",
    "county_code": "14",
    "district_code": "25",
    "block": "116",
    "lot": "5.15",
    "qualifier": "",
    "deed_book": "23519",
    "deed_page": "1287",
    "deed_date": "2019-03-19",
    "date_recorded": "2019-03-19",
    "sale_price_cents": "100",
    "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 $1.
What is the assessed value of 115 Route 46, Mountain Lakes Boro, NJ?: The total municipal assessment is $222,000 (land plus improvements).
What is 115 Route 46, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $253,685, 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

4/11/2019$1
taxrecords_njBk 23519 / Pg 1287
3/19/2019$1
MOD-IV (Rutgers)Bk 23519 / Pg 1287

Date	Price	Book / Page	Source
4/11/2019	$1	23519 / 1287	taxrecords_nj
3/19/2019	$1	23519 / 1287	MOD-IV (Rutgers)