When was 078 Tower Hill Rd, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2020 for $1,450,000.

What is the assessed value of 078 Tower Hill Rd, Mountain Lakes Boro, NJ?

The total municipal assessment is $1,862,700 (land plus improvements).

What is 078 Tower Hill Rd, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $1,906,531, derived from comparable recorded sales nearby.

How many units does 078 Tower Hill Rd, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 078 Tower Hill Rd, Mountain Lakes Boro, NJ.

What kind of property is 078 Tower Hill Rd, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1980.

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078 Tower Hill Rd, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

078 Tower Hill Rd

Mountain Lakes Boro, NJ·Morris County

1425·block 40·lot 13.02

$1,906,531estimated value

Last sale

$1,450,000

5/5/2020 · 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

1980

Building size

4,419 sq ft

Lot size

0.84 ac

Land description

.845 AC

Building description

2SF OB

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,862,700

Land value

$600,100

Improvement value

$1,262,600

Last year's tax

$41,398

Last MOD-IV sale

$1,450,000

MOD-IV deed date

3/30/2020

Owner mailing address

78 TOWER HILL RD
MOUNTAIN LAKES, NJ 07046

Estimated market value

$1,906,531

range $1,734,764 – $2,567,342

moderate confidence

Assessment-implied: $2,128,557; Director's Ratio 0.8751 (2025)
Comp-implied: $1,786,688; 17 comparable sales

Estimated value, last 11 years

2016: $1,831,241 → 2026: $1,906,531

dots are actual sale prices for this property

Bordering

200-ft notice list →

090 Tower Hill Rd
Lot 16·$1,628,100
000 Tower Hill Rd
Lot 19·$2,089,800
074 Tower Hill Rd
Lot 9·$1,810,800

Block 40All of Block 40 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_40_13.02",
  "county_code": "14",
  "district_code": "25",
  "block": "40",
  "lot": "13.02",
  "qualifier": "",
  "property_location": "078 TOWER HILL RD",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "2SF OB",
  "land_desc": ".845 AC",
  "year_built": 1980,
  "living_sqft": 4419,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "60010000",
  "improvement_value_cents": "126260000",
  "net_value_cents": "186270000",
  "last_yr_tx_cents": "4139837",
  "deed_date": "2020-03-30",
  "deed_book": "23766",
  "deed_page": "250",
  "sale_price_cents": "145000000",
  "sales_code": null,
  "owner_mailing_street": "78 TOWER HILL RD",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.845000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.44580841492163,
  "centroid_lat": 40.89559419540376
}

SR1A

[
  {
    "id": "0f740f39-bc89-4ec6-a0d3-abab4aa0c3c9",
    "property_id": "f1565e41-1ef7-4d96-b9ed-14a9b7b2c394",
    "county_code": "14",
    "district_code": "25",
    "block": "40",
    "lot": "13.02",
    "qualifier": "",
    "deed_book": "23766",
    "deed_page": "250",
    "deed_date": "2020-03-30",
    "date_recorded": "2020-05-05",
    "sale_price_cents": "145000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "3f53634e-823c-4465-ba70-ef8ff4a44e1f",
    "property_id": "f1565e41-1ef7-4d96-b9ed-14a9b7b2c394",
    "county_code": "14",
    "district_code": "25",
    "block": "40",
    "lot": "13.02",
    "qualifier": "",
    "deed_book": "23766",
    "deed_page": "250",
    "deed_date": "2020-03-30",
    "date_recorded": "2020-03-30",
    "sale_price_cents": "145000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "1cee565c-3411-4341-86b6-91a53784cda2",
    "property_id": "f1565e41-1ef7-4d96-b9ed-14a9b7b2c394",
    "county_code": "14",
    "district_code": "25",
    "block": "40",
    "lot": "13.02",
    "qualifier": "",
    "deed_book": "6422",
    "deed_page": "9",
    "deed_date": "2004-10-18",
    "date_recorded": "2005-09-06",
    "sale_price_cents": "186250000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "2d960fac-85d9-475b-8185-5efd235108e1",
    "property_id": "f1565e41-1ef7-4d96-b9ed-14a9b7b2c394",
    "county_code": "14",
    "district_code": "25",
    "block": "40",
    "lot": "13.02",
    "qualifier": "",
    "deed_book": "6422",
    "deed_page": "9",
    "deed_date": "2004-10-18",
    "date_recorded": "2004-10-18",
    "sale_price_cents": "186250000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "35f20190-2c78-468e-a3db-0789fd199ea3",
    "property_id": "f1565e41-1ef7-4d96-b9ed-14a9b7b2c394",
    "county_code": "14",
    "district_code": "25",
    "block": "40",
    "lot": "13.02",
    "qualifier": "",
    "deed_book": "5699",
    "deed_page": "33",
    "deed_date": "2002-08-30",
    "date_recorded": "2002-09-13",
    "sale_price_cents": "100000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b717e242-673b-41bb-a35c-4d7d55df0da7",
    "property_id": "f1565e41-1ef7-4d96-b9ed-14a9b7b2c394",
    "county_code": "14",
    "district_code": "25",
    "block": "40",
    "lot": "13.02",
    "qualifier": "",
    "deed_book": "5699",
    "deed_page": "33",
    "deed_date": "2002-08-30",
    "date_recorded": "2002-08-30",
    "sale_price_cents": "100000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b5061a16-a23b-4652-a168-2bb230dcfcf2",
    "property_id": "f1565e41-1ef7-4d96-b9ed-14a9b7b2c394",
    "county_code": "14",
    "district_code": "25",
    "block": "40",
    "lot": "13.02",
    "qualifier": "",
    "deed_book": "4111",
    "deed_page": "55",
    "deed_date": "1994-12-20",
    "date_recorded": "1994-12-21",
    "sale_price_cents": "9900",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "ef2aa8a8-e76d-4cab-b953-5c490fe21e76",
    "property_id": "f1565e41-1ef7-4d96-b9ed-14a9b7b2c394",
    "county_code": "14",
    "district_code": "25",
    "block": "40",
    "lot": "13.02",
    "qualifier": "",
    "deed_book": "4111",
    "deed_page": "55",
    "deed_date": "1994-12-20",
    "date_recorded": "1994-12-20",
    "sale_price_cents": "9900",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 078 Tower Hill Rd, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2020 for $1,450,000.
What is the assessed value of 078 Tower Hill Rd, Mountain Lakes Boro, NJ?: The total municipal assessment is $1,862,700 (land plus improvements).
What is 078 Tower Hill Rd, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $1,906,531, derived from comparable recorded sales nearby.
How many units does 078 Tower Hill Rd, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 078 Tower Hill Rd, Mountain Lakes Boro, NJ.
What kind of property is 078 Tower Hill Rd, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1980.

Based on 17 comparable sales

Address	Sold	Price
017 Crystal Rd	1/6/2026	$2,430,000
060 Crane Rd	6/18/2025	$1,610,000
160 Laurel Hill Rd	5/20/2025	$1,575,000
192 Boulevard	11/21/2024	$1,220,000
008 Roberts Dr	10/24/2024	$1,450,000
7 Ronarm Drive	10/16/2024	$999,000
14 Crestview Road	9/16/2024	$1,695,000
123 Lake Drive	9/5/2024	$1,420,000
004 Sunset Rd	6/27/2024	$2,600,000
002 Scarborough Rd	4/17/2024	$1,168,000
150 Laurel Hill Rd	2/29/2024	$2,000,000
067 Lookout Rd	12/18/2023	$1,380,000
34 Arden Rd	11/17/2023	$1,295,000
034 Arden Rd	11/17/2023	$1,295,000
099 Laurel Hill Rd	10/31/2023	$1,300,000
055 Condit Rd	6/27/2023	$1,625,000
060 Crane Rd	6/7/2023	$556,000

Sales history

5/5/2020$1,450,000
taxrecords_njBk 23766 / Pg 250
3/30/2020$1,450,000
MOD-IV (Rutgers)Bk 23766 / Pg 250
9/6/2005$1,862,500
taxrecords_njBk 6422 / Pg 9
10/18/2004$1,862,500
MOD-IV (Rutgers)Bk 6422 / Pg 9
9/13/2002$1,000,000
taxrecords_njBk 5699 / Pg 33
8/30/2002$1,000,000
MOD-IV (Rutgers)Bk 5699 / Pg 33
12/21/1994$99
taxrecords_njBk 4111 / Pg 55
12/20/1994$99
MOD-IV (Rutgers)Bk 4111 / Pg 55

Date	Price	Book / Page	Source
5/5/2020	$1,450,000	23766 / 250	taxrecords_nj
3/30/2020	$1,450,000	23766 / 250	MOD-IV (Rutgers)
9/6/2005	$1,862,500	6422 / 9	taxrecords_nj
10/18/2004	$1,862,500	6422 / 9	MOD-IV (Rutgers)
9/13/2002	$1,000,000	5699 / 33	taxrecords_nj
8/30/2002	$1,000,000	5699 / 33	MOD-IV (Rutgers)
12/21/1994	$99	4111 / 55	taxrecords_nj
12/20/1994	$99	4111 / 55	MOD-IV (Rutgers)