When was 003 Craven Rd, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2020 for $615,000.

What is the assessed value of 003 Craven Rd, Mountain Lakes Boro, NJ?

The total municipal assessment is $755,000 (land plus improvements).

What is 003 Craven Rd, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $1,048,182, derived from comparable recorded sales nearby.

How many units does 003 Craven Rd, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 003 Craven Rd, Mountain Lakes Boro, NJ.

What kind of property is 003 Craven Rd, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1983.

parceldata.nj

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003 Craven Rd, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

003 Craven Rd

Mountain Lakes Boro, NJ 07046·Morris County

1425·block 118·lot 4.12

$1,048,182estimated value

Last sale

$615,000

10/22/2020 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1983

Building size

1,843 sq ft

Lot size

0.54 ac

Land description

.539 AC

Building description

1SFG2

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$755,000

Land value

$393,100

Improvement value

$361,900

Last year's tax

$16,334

Last MOD-IV sale

$615,000

MOD-IV deed date

9/23/2020

Owner mailing address

003 CRAVEN RD
MOUNTAIN LAKES, NJ 07046

Estimated market value

$1,048,182

range $975,127 – $1,121,238

moderate confidence

Assessment-implied: $862,759; Director's Ratio 0.8751 (2025)
Comp-implied: $1,400,000; 7 comparable sales

Estimated value, last 11 years

2016: $1,006,789 → 2026: $1,048,182

dots are actual sale prices for this property

Based on 7 comparable sales

Bordering

200-ft notice list →

002 Scarborough Rd
Lot 1·$1,078,200
000 Scarborough Rd
Lot 1·$129,200
005 Craven Rd
Lot 4.11·$834,100

Block 118All of Block 118 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_118_4.12",
  "county_code": "14",
  "district_code": "25",
  "block": "118",
  "lot": "4.12",
  "qualifier": "",
  "property_location": "003 CRAVEN RD",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "1SFG2",
  "land_desc": ".539 AC",
  "year_built": 1983,
  "living_sqft": 1843,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "39310000",
  "improvement_value_cents": "36190000",
  "net_value_cents": "75500000",
  "last_yr_tx_cents": "1633392",
  "deed_date": "2020-09-23",
  "deed_book": "23906",
  "deed_page": "615",
  "sale_price_cents": "61500000",
  "sales_code": null,
  "owner_mailing_street": "003 CRAVEN RD",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.539000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.43383096354961,
  "centroid_lat": 40.87859360315076
}

SR1A

[
  {
    "id": "b4d1a4db-82f4-4dfb-b01f-91d3fb821e41",
    "property_id": "b73a0b57-d8d3-4b26-bca0-ffc9dc2c4bd2",
    "county_code": "14",
    "district_code": "25",
    "block": "118",
    "lot": "4.12",
    "qualifier": "",
    "deed_book": "23906",
    "deed_page": "615",
    "deed_date": "2020-09-23",
    "date_recorded": "2020-10-22",
    "sale_price_cents": "61500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6aa46118-2393-4350-a1b6-2dc43225e1d9",
    "property_id": "b73a0b57-d8d3-4b26-bca0-ffc9dc2c4bd2",
    "county_code": "14",
    "district_code": "25",
    "block": "118",
    "lot": "4.12",
    "qualifier": "",
    "deed_book": "23906",
    "deed_page": "615",
    "deed_date": "2020-09-23",
    "date_recorded": "2020-09-23",
    "sale_price_cents": "61500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "5d6e8d74-2b00-441e-9a09-272342505429",
    "property_id": "b73a0b57-d8d3-4b26-bca0-ffc9dc2c4bd2",
    "county_code": "14",
    "district_code": "25",
    "block": "118",
    "lot": "4.12",
    "qualifier": "",
    "deed_book": "23632",
    "deed_page": "1126",
    "deed_date": "2019-07-18",
    "date_recorded": "2019-10-10",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "3c667de9-8cf0-4235-8f26-83a64476ba3b",
    "property_id": "b73a0b57-d8d3-4b26-bca0-ffc9dc2c4bd2",
    "county_code": "14",
    "district_code": "25",
    "block": "118",
    "lot": "4.12",
    "qualifier": "",
    "deed_book": "23632",
    "deed_page": "1126",
    "deed_date": "2019-07-18",
    "date_recorded": "2019-07-18",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "bcca589d-1b9f-48b7-995b-b9120127594d",
    "property_id": "b73a0b57-d8d3-4b26-bca0-ffc9dc2c4bd2",
    "county_code": "14",
    "district_code": "25",
    "block": "118",
    "lot": "4.12",
    "qualifier": "",
    "deed_book": "5012",
    "deed_page": "51",
    "deed_date": "1999-05-24",
    "date_recorded": "1999-07-15",
    "sale_price_cents": "36100000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "a933a984-5566-42bd-9f59-7f896250ff02",
    "property_id": "b73a0b57-d8d3-4b26-bca0-ffc9dc2c4bd2",
    "county_code": "14",
    "district_code": "25",
    "block": "118",
    "lot": "4.12",
    "qualifier": "",
    "deed_book": "5012",
    "deed_page": "51",
    "deed_date": "1999-05-24",
    "date_recorded": "1999-05-24",
    "sale_price_cents": "36100000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 003 Craven Rd, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2020 for $615,000.
What is the assessed value of 003 Craven Rd, Mountain Lakes Boro, NJ?: The total municipal assessment is $755,000 (land plus improvements).
What is 003 Craven Rd, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $1,048,182, derived from comparable recorded sales nearby.
How many units does 003 Craven Rd, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 003 Craven Rd, Mountain Lakes Boro, NJ.
What kind of property is 003 Craven Rd, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1983.

Address	Sold	Price
10 Wilcox Drive	9/16/2025	$1,400,000
7 Ronarm Drive	10/16/2024	$999,000
007 Ronarm Dr	10/16/2024	$999,000
123 Lake Drive	9/5/2024	$1,420,000
11 Point View Place	4/15/2024	$2,137,000
015 Wilcox Dr	1/16/2024	$870,000
34 Arden Rd	11/17/2023	$1,295,000

Sales history

10/22/2020$615,000
taxrecords_njBk 23906 / Pg 615
9/23/2020$615,000
MOD-IV (Rutgers)Bk 23906 / Pg 615
10/10/2019$1
taxrecords_njBk 23632 / Pg 1126
7/18/2019$1
MOD-IV (Rutgers)Bk 23632 / Pg 1126
7/15/1999$361,000
taxrecords_njBk 5012 / Pg 51
5/24/1999$361,000
MOD-IV (Rutgers)Bk 5012 / Pg 51

Date	Price	Book / Page	Source
10/22/2020	$615,000	23906 / 615	taxrecords_nj
9/23/2020	$615,000	23906 / 615	MOD-IV (Rutgers)
10/10/2019	$1	23632 / 1126	taxrecords_nj
7/18/2019	$1	23632 / 1126	MOD-IV (Rutgers)
7/15/1999	$361,000	5012 / 51	taxrecords_nj
5/24/1999	$361,000	5012 / 51	MOD-IV (Rutgers)