When was 045 Lockley CT, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 1998 for $305,000.

What is the assessed value of 045 Lockley CT, Mountain Lakes Boro, NJ?

The total municipal assessment is $652,300 (land plus improvements).

What is 045 Lockley CT, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $751,920, derived from comparable recorded sales nearby.

How many units does 045 Lockley CT, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 045 Lockley CT, Mountain Lakes Boro, NJ.

What kind of property is 045 Lockley CT, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1987.

parceldata.nj

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045 Lockley CT, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

045 Lockley CT

Mountain Lakes Boro, NJ 07046·Morris County

1425·block 118.01·lot 31

$751,920estimated value

Last sale

$305,000

7/7/1998 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1987

Building size

2,202 sq ft

Lot size

0.14 ac

Land description

.144 AC

Building description

TH BIRCHW

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$652,300

Land value

$260,000

Improvement value

$392,300

Last year's tax

$14,458

Last MOD-IV sale

$305,000

MOD-IV deed date

7/2/1998

Owner mailing address

045 LOCKLEY CT
MOUNTAIN LAKES, NJ 07046

Estimated market value

$751,920

range $699,664 – $818,824

high confidence

Assessment-implied: $745,401; Director's Ratio 0.8751 (2025)
Comp-implied: $755,180; 9 comparable sales

Estimated value, last 11 years

2016: $722,226 → 2026: $751,920

Based on 9 comparable sales

Address	Sold	Price
004 Sherwood Dr	4/24/2025	$995,000
029 Sherwood Dr	2/10/2025	$940,000

Bordering

200-ft notice list →

047 Lockley CT
Lot 32·$638,200
000 Lockley CT
Lot 35·$100

Block 118.01All of Block 118.01 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_118.01_31",
  "county_code": "14",
  "district_code": "25",
  "block": "118.01",
  "lot": "31",
  "qualifier": "",
  "property_location": "045 LOCKLEY CT",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "TH BIRCHW",
  "land_desc": ".144 AC",
  "year_built": 1987,
  "living_sqft": 2202,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "26000000",
  "improvement_value_cents": "39230000",
  "net_value_cents": "65230000",
  "last_yr_tx_cents": "1445769",
  "deed_date": "1998-07-02",
  "deed_book": "4796",
  "deed_page": "122",
  "sale_price_cents": "30500000",
  "sales_code": null,
  "owner_mailing_street": "045 LOCKLEY CT",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.144000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.43805410996568,
  "centroid_lat": 40.87809966077482
}

SR1A

[
  {
    "id": "5fe26434-e210-477d-93dc-7249ffde2295",
    "property_id": "c62500e9-b2d5-4fe9-b532-529417475a0d",
    "county_code": "14",
    "district_code": "25",
    "block": "118.01",
    "lot": "31",
    "qualifier": "",
    "deed_book": "4796",
    "deed_page": "122",
    "deed_date": "1998-07-02",
    "date_recorded": "1998-07-07",
    "sale_price_cents": "30500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "f79a16fc-456d-4373-84af-2886e274bb69",
    "property_id": "c62500e9-b2d5-4fe9-b532-529417475a0d",
    "county_code": "14",
    "district_code": "25",
    "block": "118.01",
    "lot": "31",
    "qualifier": "",
    "deed_book": "4796",
    "deed_page": "122",
    "deed_date": "1998-07-02",
    "date_recorded": "1998-07-02",
    "sale_price_cents": "30500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 045 Lockley CT, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 1998 for $305,000.
What is the assessed value of 045 Lockley CT, Mountain Lakes Boro, NJ?: The total municipal assessment is $652,300 (land plus improvements).
What is 045 Lockley CT, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $751,920, derived from comparable recorded sales nearby.
How many units does 045 Lockley CT, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 045 Lockley CT, Mountain Lakes Boro, NJ.
What kind of property is 045 Lockley CT, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1987.

Sales history

7/7/1998$305,000
taxrecords_njBk 4796 / Pg 122
7/2/1998$305,000
MOD-IV (Rutgers)Bk 4796 / Pg 122

Date	Price	Book / Page	Source
7/7/1998	$305,000	4796 / 122	taxrecords_nj
7/2/1998	$305,000	4796 / 122	MOD-IV (Rutgers)