When was 041 Rainbow Trl, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2017 for $1.

What is the assessed value of 041 Rainbow Trl, Mountain Lakes Boro, NJ?

The total municipal assessment is $666,000 (land plus improvements).

What is 041 Rainbow Trl, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $682,256, derived from comparable recorded sales nearby.

How many units does 041 Rainbow Trl, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 041 Rainbow Trl, Mountain Lakes Boro, NJ.

What kind of property is 041 Rainbow Trl, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1926.

parceldata.nj

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041 Rainbow Trl, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

041 Rainbow Trl

Mountain Lakes Boro, NJ·Morris County

1425·block 13·lot 1

$682,256estimated value

Last sale

10/3/2017 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1926

Building size

1,718 sq ft

Lot size

0.50 ac

Land description

.500 AC

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$666,000

Land value

$371,000

Improvement value

$295,000

Last year's tax

$14,400

Last MOD-IV sale

MOD-IV deed date

9/25/2017

Owner mailing address

41 RAINBOW TRL
MOUNTAIN LAKES, NJ 07046

Estimated market value

$682,256

range $640,592 – $819,965

high confidence

Assessment-implied: $761,056; Director's Ratio 0.8751 (2025)
Comp-implied: $655,989; 25 comparable sales

Estimated value, last 11 years

2016: $655,313 → 2026: $682,256

Based on 25 comparable sales

Address	Sold	Price
003 Maple Way

Bordering

200-ft notice list →

014 Crestwood Dr
Lot 12·$674,800
037 Rainbow Trl
Lot 3·$649,500
035 Rainbow Trl
Lot 5.02·$624,600
033 Rainbow Trl
Lot 6.02·$654,600

Block 13All of Block 13 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_13_1",
  "county_code": "14",
  "district_code": "25",
  "block": "13",
  "lot": "1",
  "qualifier": "",
  "property_location": "041 RAINBOW TRL",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1SF",
  "land_desc": ".500 AC",
  "year_built": 1926,
  "living_sqft": 1718,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "37100000",
  "improvement_value_cents": "29500000",
  "net_value_cents": "66600000",
  "last_yr_tx_cents": "1440038",
  "deed_date": "2017-09-25",
  "deed_book": "23216",
  "deed_page": "772",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "41 RAINBOW TRL",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.500000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.45997616837775,
  "centroid_lat": 40.88810911909223
}

SR1A

[
  {
    "id": "8646d308-e6f3-4afe-b142-abca90b3b657",
    "property_id": "c075129d-8327-490c-bab0-bf02df40909d",
    "county_code": "14",
    "district_code": "25",
    "block": "13",
    "lot": "1",
    "qualifier": "",
    "deed_book": "23216",
    "deed_page": "772",
    "deed_date": "2017-09-25",
    "date_recorded": "2017-10-03",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "2a78ec97-5430-4d04-a53f-e1cd367d3a67",
    "property_id": "c075129d-8327-490c-bab0-bf02df40909d",
    "county_code": "14",
    "district_code": "25",
    "block": "13",
    "lot": "1",
    "qualifier": "",
    "deed_book": "23216",
    "deed_page": "772",
    "deed_date": "2017-09-25",
    "date_recorded": "2017-09-25",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "c1c3b97f-8233-47c7-a12b-c7c7e684da30",
    "property_id": "c075129d-8327-490c-bab0-bf02df40909d",
    "county_code": "14",
    "district_code": "25",
    "block": "13",
    "lot": "1",
    "qualifier": "",
    "deed_book": "21751",
    "deed_page": "1035",
    "deed_date": "2011-02-07",
    "date_recorded": "2011-03-03",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "aa31286d-89ad-4922-bb6e-ffd720837a3d",
    "property_id": "c075129d-8327-490c-bab0-bf02df40909d",
    "county_code": "14",
    "district_code": "25",
    "block": "13",
    "lot": "1",
    "qualifier": "",
    "deed_book": "21751",
    "deed_page": "1035",
    "deed_date": "2011-02-07",
    "date_recorded": "2011-02-07",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 041 Rainbow Trl, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2017 for $1.
What is the assessed value of 041 Rainbow Trl, Mountain Lakes Boro, NJ?: The total municipal assessment is $666,000 (land plus improvements).
What is 041 Rainbow Trl, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $682,256, derived from comparable recorded sales nearby.
How many units does 041 Rainbow Trl, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 041 Rainbow Trl, Mountain Lakes Boro, NJ.
What kind of property is 041 Rainbow Trl, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1926.

Sales history

10/3/2017$1
taxrecords_njBk 23216 / Pg 772
9/25/2017$1
MOD-IV (Rutgers)Bk 23216 / Pg 772
3/3/2011$1
taxrecords_njBk 21751 / Pg 1035
2/7/2011$1
MOD-IV (Rutgers)Bk 21751 / Pg 1035

Date	Price	Book / Page	Source
10/3/2017	$1	23216 / 772	taxrecords_nj
9/25/2017	$1	23216 / 772	MOD-IV (Rutgers)
3/3/2011	$1	21751 / 1035	taxrecords_nj
2/7/2011	$1	21751 / 1035	MOD-IV (Rutgers)