When was 040 Condit Rd, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2022 for $1,200,000.

What is the assessed value of 040 Condit Rd, Mountain Lakes Boro, NJ?

The total municipal assessment is $1,042,400 (land plus improvements).

What is 040 Condit Rd, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $1,245,098, derived from comparable recorded sales nearby.

How many units does 040 Condit Rd, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 040 Condit Rd, Mountain Lakes Boro, NJ.

What kind of property is 040 Condit Rd, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1948.

parceldata.nj

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040 Condit Rd, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

040 Condit Rd

Mountain Lakes Boro, NJ·Morris County

1425·block 52·lot 24.02

$1,245,098estimated value

Last sale

$1,200,000

1/12/2023 · 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

1948

Building size

2,837 sq ft

Lot size

0.82 ac

Land description

.823 AC

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,042,400

Land value

$475,000

Improvement value

$567,400

Last year's tax

$23,133

Last MOD-IV sale

$1,200,000

MOD-IV deed date

12/14/2022

Owner mailing address

40 CONDIT RD
MOUNTAIN LAKES, NJ 07046

Estimated market value

$1,245,098

range $1,134,647 – $1,350,852

high confidence

Assessment-implied: $1,191,178; Director's Ratio 0.8751 (2025)
Comp-implied: $1,358,206; 25 comparable sales

Estimated value, last 11 years

2016: $1,195,928 → 2026: $1,245,098

dots are actual sale prices for this property

Based on 25 comparable sales

Bordering

200-ft notice list →

048 Condit Rd
Lot 22·$1,498,500
032 Condit Rd
Lot 29·$1,987,000
000 Ogden Rd
Lot 45·$686,800

Block 52All of Block 52 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_52_24.02",
  "county_code": "14",
  "district_code": "25",
  "block": "52",
  "lot": "24.02",
  "qualifier": "",
  "property_location": "040 CONDIT RD",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "1SF",
  "land_desc": ".823 AC",
  "year_built": 1948,
  "living_sqft": 2837,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "47500000",
  "improvement_value_cents": "56740000",
  "net_value_cents": "104240000",
  "last_yr_tx_cents": "2313256",
  "deed_date": "2022-12-14",
  "deed_book": "24555",
  "deed_page": "275",
  "sale_price_cents": "120000000",
  "sales_code": null,
  "owner_mailing_street": "40 CONDIT RD",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.823000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.44377104461307,
  "centroid_lat": 40.89601782178182
}

SR1A

[
  {
    "id": "d51ec215-5475-42f1-b445-2b240e5bab2d",
    "property_id": "7311d076-0dac-4e47-a7f4-2d1d2f86e7ec",
    "county_code": "14",
    "district_code": "25",
    "block": "52",
    "lot": "24.02",
    "qualifier": "",
    "deed_book": "24555",
    "deed_page": "275",
    "deed_date": "2022-12-14",
    "date_recorded": "2023-01-12",
    "sale_price_cents": "120000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "ec3cb244-fae0-4301-bdfa-d3c16189738c",
    "property_id": "7311d076-0dac-4e47-a7f4-2d1d2f86e7ec",
    "county_code": "14",
    "district_code": "25",
    "block": "52",
    "lot": "24.02",
    "qualifier": "",
    "deed_book": "24555",
    "deed_page": "275",
    "deed_date": "2022-12-14",
    "date_recorded": "2022-12-14",
    "sale_price_cents": "120000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "eaa6f646-2f34-4751-a798-24381488420d",
    "property_id": "7311d076-0dac-4e47-a7f4-2d1d2f86e7ec",
    "county_code": "14",
    "district_code": "25",
    "block": "52",
    "lot": "24.02",
    "qualifier": "",
    "deed_book": "21211",
    "deed_page": "1353",
    "deed_date": "2009-01-20",
    "date_recorded": "2009-01-22",
    "sale_price_cents": "85000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "64b21a8e-8f76-4422-931e-77e57fd310a4",
    "property_id": "7311d076-0dac-4e47-a7f4-2d1d2f86e7ec",
    "county_code": "14",
    "district_code": "25",
    "block": "52",
    "lot": "24.02",
    "qualifier": "",
    "deed_book": "21211",
    "deed_page": "1353",
    "deed_date": "2009-01-20",
    "date_recorded": "2009-01-20",
    "sale_price_cents": "85000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "45e5b529-a076-4aff-b417-37fecc71c822",
    "property_id": "7311d076-0dac-4e47-a7f4-2d1d2f86e7ec",
    "county_code": "14",
    "district_code": "25",
    "block": "52",
    "lot": "24.02",
    "qualifier": "",
    "deed_book": "4805",
    "deed_page": "102",
    "deed_date": "1998-07-07",
    "date_recorded": "1998-07-17",
    "sale_price_cents": "48100000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6e4014cc-af3b-43d3-bb70-a121ef3be892",
    "property_id": "7311d076-0dac-4e47-a7f4-2d1d2f86e7ec",
    "county_code": "14",
    "district_code": "25",
    "block": "52",
    "lot": "24.02",
    "qualifier": "",
    "deed_book": "4805",
    "deed_page": "102",
    "deed_date": "1998-07-07",
    "date_recorded": "1998-07-07",
    "sale_price_cents": "48100000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 040 Condit Rd, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2022 for $1,200,000.
What is the assessed value of 040 Condit Rd, Mountain Lakes Boro, NJ?: The total municipal assessment is $1,042,400 (land plus improvements).
What is 040 Condit Rd, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $1,245,098, derived from comparable recorded sales nearby.
How many units does 040 Condit Rd, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 040 Condit Rd, Mountain Lakes Boro, NJ.
What kind of property is 040 Condit Rd, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1948.

Address	Sold	Price
330 Morris Ave	12/17/2025	$860,000
110 Kenilworth Rd	11/10/2025	$1,080,000
015 Ball Rd	11/7/2025	$1,200,000
059 Hanover Rd	10/8/2025	$1,375,000
073 Cobb Rd	9/9/2025	$1,650,000
038 Lookout Rd	6/3/2025	$1,093,000
144 Blvd	4/4/2025	$1,284,000
028 West Shore Rd	1/29/2025	$1,100,000
029 Lakewood Dr	12/16/2024	$500,000
192 Boulevard	11/21/2024	$1,220,000
7 Ronarm Drive	10/16/2024	$999,000
007 Ronarm Dr	10/16/2024	$999,000
14 Crestview Road	9/16/2024	$1,695,000
123 Lake Drive	9/5/2024	$1,420,000
053 Crestview Rd	9/4/2024	$905,000
002 Crestview Rd	6/17/2024	$1,250,000
002 Scarborough Rd	4/17/2024	$1,168,000
11 Point View Place	4/15/2024	$2,137,000
150 Laurel Hill Rd	2/29/2024	$2,000,000
015 Wilcox Dr	1/16/2024	$870,000
007 Powerville Rd	11/29/2023	$1,250,000
34 Arden Rd	11/17/2023	$1,295,000
097 Kenilworth Rd	10/17/2023	$895,000
029 Condit Rd	8/2/2023	$940,000
001 Cobb Rd	7/7/2023	$1,075,000

Sales history

1/12/2023$1,200,000
taxrecords_njBk 24555 / Pg 275
12/14/2022$1,200,000
MOD-IV (Rutgers)Bk 24555 / Pg 275
1/22/2009$850,000
taxrecords_njBk 21211 / Pg 1353
1/20/2009$850,000
MOD-IV (Rutgers)Bk 21211 / Pg 1353
7/17/1998$481,000
taxrecords_njBk 4805 / Pg 102
7/7/1998$481,000
MOD-IV (Rutgers)Bk 4805 / Pg 102

Date	Price	Book / Page	Source
1/12/2023	$1,200,000	24555 / 275	taxrecords_nj
12/14/2022	$1,200,000	24555 / 275	MOD-IV (Rutgers)
1/22/2009	$850,000	21211 / 1353	taxrecords_nj
1/20/2009	$850,000	21211 / 1353	MOD-IV (Rutgers)
7/17/1998	$481,000	4805 / 102	taxrecords_nj
7/7/1998	$481,000	4805 / 102	MOD-IV (Rutgers)