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

The most recent recorded sale was in 2024 for $1,190,000.

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

The total municipal assessment is $334,400 (land plus improvements).

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

Our model estimates a market value of $1,110,163, 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 5.52

$1,110,163estimated value

Last sale

$1,190,000

8/28/2024 · MOD-IV (Rutgers)

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

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

—

Lot size

0.00 ac

Land description

1508 UNIT

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$334,400

Land value

$105,000

Improvement value

$229,400

Last year's tax

$7,704

Last MOD-IV sale

$1,190,000

MOD-IV deed date

8/28/2024

Owner mailing address

104 FULTON ST
BOONTON, NJ 07005

Estimated market value

$1,110,163

range $1,025,133 – $1,195,194

high confidence

Assessment-implied: $382,128; Director's Ratio 0.8751 (2025)
Comparable sales: 14 (below threshold)

Estimated value, last 11 years

2016: $1,066,322 → 2026: $1,110,163

dots are actual sale prices for this property

Based on 14 comparable sales

Address	Sold	Price
068 Rte 46 East	1/22/2026	$2,525,000
115 Route 46 D 25-26	8/8/2025	$530,000

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 5.15·$222,000
115 Route 46
Lot 5.16·$223,400
115 Route 46
Lot 5.51·$410,800

Block 116All of Block 116 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 5,
  "portfolioKeys": {
    "fullKeys": [
      "104 FULTON ST BOONTON NJ 07005"
    ],
    "zipKeys": [
      "104 FULTON ST 07005"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1425_116_5.52",
  "county_code": "14",
  "district_code": "25",
  "block": "116",
  "lot": "5.52",
  "qualifier": "",
  "property_location": "115 ROUTE 46",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": null,
  "land_desc": "1508 UNIT",
  "year_built": null,
  "living_sqft": null,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "10500000",
  "improvement_value_cents": "22940000",
  "net_value_cents": "33440000",
  "last_yr_tx_cents": "770369",
  "deed_date": "2024-08-28",
  "deed_book": "24809",
  "deed_page": "1521",
  "sale_price_cents": "119000000",
  "sales_code": null,
  "owner_mailing_street": "104 FULTON ST",
  "owner_mailing_city_state_zip": "BOONTON, NJ  07005",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.000000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "566",
  "fac_name": null,
  "centroid_lon": -74.44198275116378,
  "centroid_lat": 40.87809301017866
}

SR1A

[
  {
    "id": "e83a3921-76d9-42cc-b267-920871293a49",
    "property_id": "54128ce7-da54-42a5-9edb-67963046b8ff",
    "county_code": "14",
    "district_code": "25",
    "block": "116",
    "lot": "5.52",
    "qualifier": "",
    "deed_book": "24809",
    "deed_page": "1521",
    "deed_date": "2024-08-28",
    "date_recorded": "2024-08-28",
    "sale_price_cents": "119000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "cbfed4f9-8ac1-4340-ba5f-fca77c65cd7f",
    "property_id": "54128ce7-da54-42a5-9edb-67963046b8ff",
    "county_code": "14",
    "district_code": "25",
    "block": "116",
    "lot": "5.52",
    "qualifier": "",
    "deed_book": "24435",
    "deed_page": "632",
    "deed_date": "2022-04-27",
    "date_recorded": "2022-04-27",
    "sale_price_cents": "140000000",
    "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 2024 for $1,190,000.
What is the assessed value of 115 Route 46, Mountain Lakes Boro, NJ?: The total municipal assessment is $334,400 (land plus improvements).
What is 115 Route 46, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $1,110,163, 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

8/28/2024$1,190,000
MOD-IV (Rutgers)Bk 24809 / Pg 1521
4/27/2022$1,400,000
MOD-IV (Rutgers)Bk 24435 / Pg 632

Date	Price	Book / Page	Source
8/28/2024	$1,190,000	24809 / 1521	MOD-IV (Rutgers)
4/27/2022	$1,400,000	24435 / 632	MOD-IV (Rutgers)