When was 016 Vale Dr, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2012 for $420,000.

What is the assessed value of 016 Vale Dr, Mountain Lakes Boro, NJ?

The total municipal assessment is $577,600 (land plus improvements).

What is 016 Vale Dr, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $822,150, derived from comparable recorded sales nearby.

How many units does 016 Vale Dr, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 016 Vale Dr, Mountain Lakes Boro, NJ.

What kind of property is 016 Vale Dr, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1947.

parceldata.nj

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016 Vale Dr, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

016 Vale Dr

Mountain Lakes Boro, NJ·Morris County

1425·block 127.02·lot 7

$822,150estimated value

Last sale

$420,000

2/7/2012 · taxrecords_nj

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

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1947

Building size

1,768 sq ft

Lot size

0.23 ac

Land description

.230 AC

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$577,600

Land value

$338,400

Improvement value

$239,200

Last year's tax

$12,379

Last MOD-IV sale

$420,000

MOD-IV deed date

1/27/2012

Owner mailing address

8 CENTER DR
MOUNTAIN LAKES, NJ 07046

Estimated market value

$822,150

range $586,723 – $846,901

low confidence

Assessment-implied: $660,039; Director's Ratio 0.8751 (2025)
Comp-implied: $876,187; 13 comparable sales

Estimated value, last 11 years

2016: $789,683 → 2026: $822,150

Based on 13 comparable sales

Address	Sold	Price
003 Maple Way	3/17/2026	$785,000

Bordering

200-ft notice list →

013 Center Dr
Lot 10·$652,400
011 Center Dr
Lot 11·$640,800
012 Vale Dr
Lot 6·$607,400
018 Vale Dr
Lot 8·$826,300
011 Maple Way
Lot 9·$523,700

Block 127.02All of Block 127.02 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 5,
  "portfolioKeys": {
    "fullKeys": [
      "8 CENTER DR MOUNTAIN LAKES NJ 07046"
    ],
    "zipKeys": [
      "8 CENTER DR 07046"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1425_127.02_7",
  "county_code": "14",
  "district_code": "25",
  "block": "127.02",
  "lot": "7",
  "qualifier": "",
  "property_location": "016 VALE DR",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1SF",
  "land_desc": ".230 AC",
  "year_built": 1947,
  "living_sqft": 1768,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "33840000",
  "improvement_value_cents": "23920000",
  "net_value_cents": "57760000",
  "last_yr_tx_cents": "1237939",
  "deed_date": "2012-01-27",
  "deed_book": "21966",
  "deed_page": "489",
  "sale_price_cents": "42000000",
  "sales_code": null,
  "owner_mailing_street": "8 CENTER DR",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.230000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.43198605131163,
  "centroid_lat": 40.8826963993298
}

SR1A

[
  {
    "id": "c9660845-893f-4fd8-8dc6-6874aa9ab679",
    "property_id": "2aa20e3f-1634-482d-9d32-6cd7ae138773",
    "county_code": "14",
    "district_code": "25",
    "block": "127.02",
    "lot": "7",
    "qualifier": "",
    "deed_book": "21966",
    "deed_page": "489",
    "deed_date": "2012-01-27",
    "date_recorded": "2012-02-07",
    "sale_price_cents": "42000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b7d045db-9deb-41e1-b690-a15f7ee5876b",
    "property_id": "2aa20e3f-1634-482d-9d32-6cd7ae138773",
    "county_code": "14",
    "district_code": "25",
    "block": "127.02",
    "lot": "7",
    "qualifier": "",
    "deed_book": "21966",
    "deed_page": "489",
    "deed_date": "2012-01-27",
    "date_recorded": "2012-01-27",
    "sale_price_cents": "42000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "dbfd0b21-5b7f-41c2-a862-3c14a46e8d5d",
    "property_id": "2aa20e3f-1634-482d-9d32-6cd7ae138773",
    "county_code": "14",
    "district_code": "25",
    "block": "127.02",
    "lot": "7",
    "qualifier": "",
    "deed_book": "4033",
    "deed_page": "50",
    "deed_date": "1994-08-10",
    "date_recorded": "1994-08-10",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 016 Vale Dr, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2012 for $420,000.
What is the assessed value of 016 Vale Dr, Mountain Lakes Boro, NJ?: The total municipal assessment is $577,600 (land plus improvements).
What is 016 Vale Dr, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $822,150, derived from comparable recorded sales nearby.
How many units does 016 Vale Dr, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 016 Vale Dr, Mountain Lakes Boro, NJ.
What kind of property is 016 Vale Dr, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1947.

Sales history

2/7/2012$420,000
taxrecords_njBk 21966 / Pg 489
1/27/2012$420,000
MOD-IV (Rutgers)Bk 21966 / Pg 489
8/10/1994$1
MOD-IV (Rutgers)Bk 4033 / Pg 50

Date	Price	Book / Page	Source
2/7/2012	$420,000	21966 / 489	taxrecords_nj
1/27/2012	$420,000	21966 / 489	MOD-IV (Rutgers)
8/10/1994	$1	4033 / 50	MOD-IV (Rutgers)