When was 038 Lockley CT, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2018 for $480,000.

What is the assessed value of 038 Lockley CT, Mountain Lakes Boro, NJ?

The total municipal assessment is $581,000 (land plus improvements).

What is 038 Lockley CT, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $672,023, derived from comparable recorded sales nearby.

How many units does 038 Lockley CT, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 038 Lockley CT, Mountain Lakes Boro, NJ.

What kind of property is 038 Lockley CT, Mountain Lakes Boro, NJ?

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

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

038 Lockley CT

Mountain Lakes Boro, NJ·Morris County

1425·block 118.02·lot 3

$672,023estimated value

Last sale

$480,000

12/7/2018 · taxrecords_nj

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

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1987

Building size

1,848 sq ft

Lot size

0.09 ac

Land description

.086 AC

Building description

2SFTHAG/5-2-2.5

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$581,000

Land value

$260,000

Improvement value

$321,000

Last year's tax

$13,098

Last MOD-IV sale

$480,000

MOD-IV deed date

11/27/2018

Facility

CRYSTAL

Owner mailing address

38 LOCKLEY CT
MOUNTAIN LAKES, NJ 07046

Estimated market value

$672,023

range $638,827 – $705,219

high confidence

Assessment-implied: $663,924; Director's Ratio 0.8751 (2025)
Comp-implied: $676,072; 4 comparable sales

Estimated value, last 11 years

2016: $645,484 → 2026: $672,023

dots are actual sale prices for this property

Based on 4 comparable sales

Bordering

200-ft notice list →

040 Lockley CT
Lot 2·$604,500
036 Lockley CT
Lot 4·$643,600
000 Lockley CT
Lot 6·$100

Block 118.02All of Block 118.02 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_118.02_3",
  "county_code": "14",
  "district_code": "25",
  "block": "118.02",
  "lot": "3",
  "qualifier": "",
  "property_location": "038 LOCKLEY CT",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SFTHAG/5-2-2.5",
  "land_desc": ".086 AC",
  "year_built": 1987,
  "living_sqft": 1848,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "26000000",
  "improvement_value_cents": "32100000",
  "net_value_cents": "58100000",
  "last_yr_tx_cents": "1309818",
  "deed_date": "2018-11-27",
  "deed_book": "23460",
  "deed_page": "1555",
  "sale_price_cents": "48000000",
  "sales_code": null,
  "owner_mailing_street": "38 LOCKLEY CT",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.086000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": "CRYSTAL",
  "centroid_lon": -74.43737748935865,
  "centroid_lat": 40.87812799214958
}

SR1A

[
  {
    "id": "e3911ad2-ea65-4c75-84aa-56b74d181bdd",
    "property_id": "c709f2be-a2e0-4112-88b8-9cfba3cf64c9",
    "county_code": "14",
    "district_code": "25",
    "block": "118.02",
    "lot": "3",
    "qualifier": "",
    "deed_book": "23460",
    "deed_page": "1555",
    "deed_date": "2018-11-27",
    "date_recorded": "2018-12-07",
    "sale_price_cents": "48000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "f2be1a76-a1ec-4e75-875e-5db977417603",
    "property_id": "c709f2be-a2e0-4112-88b8-9cfba3cf64c9",
    "county_code": "14",
    "district_code": "25",
    "block": "118.02",
    "lot": "3",
    "qualifier": "",
    "deed_book": "23460",
    "deed_page": "1555",
    "deed_date": "2018-11-27",
    "date_recorded": "2018-11-27",
    "sale_price_cents": "48000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "5c38df18-3274-42a9-bcde-ec4a0c898bfb",
    "property_id": "c709f2be-a2e0-4112-88b8-9cfba3cf64c9",
    "county_code": "14",
    "district_code": "25",
    "block": "118.02",
    "lot": "3",
    "qualifier": "",
    "deed_book": "21679",
    "deed_page": "992",
    "deed_date": "2010-11-19",
    "date_recorded": "2010-12-01",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "e42e7d9e-20ea-4161-a8b0-13f764acb4df",
    "property_id": "c709f2be-a2e0-4112-88b8-9cfba3cf64c9",
    "county_code": "14",
    "district_code": "25",
    "block": "118.02",
    "lot": "3",
    "qualifier": "",
    "deed_book": "21679",
    "deed_page": "992",
    "deed_date": "2010-11-19",
    "date_recorded": "2010-11-19",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "cc0150b4-1ec0-4b14-a683-5391578b8da0",
    "property_id": "c709f2be-a2e0-4112-88b8-9cfba3cf64c9",
    "county_code": "14",
    "district_code": "25",
    "block": "118.02",
    "lot": "3",
    "qualifier": "",
    "deed_book": "4440",
    "deed_page": "26",
    "deed_date": "1996-08-26",
    "date_recorded": "1996-09-12",
    "sale_price_cents": "22800000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "f94c2f67-cbc4-49f6-8e4d-a9343a7d56c9",
    "property_id": "c709f2be-a2e0-4112-88b8-9cfba3cf64c9",
    "county_code": "14",
    "district_code": "25",
    "block": "118.02",
    "lot": "3",
    "qualifier": "",
    "deed_book": "4440",
    "deed_page": "26",
    "deed_date": "1996-08-26",
    "date_recorded": "1996-08-26",
    "sale_price_cents": "22800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 038 Lockley CT, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2018 for $480,000.
What is the assessed value of 038 Lockley CT, Mountain Lakes Boro, NJ?: The total municipal assessment is $581,000 (land plus improvements).
What is 038 Lockley CT, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $672,023, derived from comparable recorded sales nearby.
How many units does 038 Lockley CT, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 038 Lockley CT, Mountain Lakes Boro, NJ.
What kind of property is 038 Lockley CT, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1987.

Address	Sold	Price
019 Newcastle CT	11/7/2025	$649,000
005 Newcastle CT	7/22/2024	$595,000
023 Newcastle CT	1/17/2024	$610,000
049 Lockley CT	6/26/2023	$610,000

Sales history

12/7/2018$480,000
taxrecords_njBk 23460 / Pg 1555
11/27/2018$480,000
MOD-IV (Rutgers)Bk 23460 / Pg 1555
12/1/2010$1
taxrecords_njBk 21679 / Pg 992
11/19/2010$1
MOD-IV (Rutgers)Bk 21679 / Pg 992
9/12/1996$228,000
taxrecords_njBk 4440 / Pg 26
8/26/1996$228,000
MOD-IV (Rutgers)Bk 4440 / Pg 26

Date	Price	Book / Page	Source
12/7/2018	$480,000	23460 / 1555	taxrecords_nj
11/27/2018	$480,000	23460 / 1555	MOD-IV (Rutgers)
12/1/2010	$1	21679 / 992	taxrecords_nj
11/19/2010	$1	21679 / 992	MOD-IV (Rutgers)
9/12/1996	$228,000	4440 / 26	taxrecords_nj
8/26/1996	$228,000	4440 / 26	MOD-IV (Rutgers)