When was 055 Tower Hill Rd, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2025 for $1.

What is the assessed value of 055 Tower Hill Rd, Mountain Lakes Boro, NJ?

The total municipal assessment is $1,017,300 (land plus improvements).

What is 055 Tower Hill Rd, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $1,319,195, derived from comparable recorded sales nearby.

How many units does 055 Tower Hill Rd, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 055 Tower Hill Rd, Mountain Lakes Boro, NJ.

What kind of property is 055 Tower Hill Rd, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1920.

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

055 Tower Hill Rd

Mountain Lakes Boro, NJ·Morris County

1425·block 52·lot 5

$1,319,195estimated value

Last sale

2/27/2025 · SR1A 2025

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1920

Building size

3,072 sq ft

Lot size

0.75 ac

Land description

.747 AC

Building description

2SFG

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,017,300

Land value

$571,700

Improvement value

$445,600

Last year's tax

$22,548

Last MOD-IV sale

MOD-IV deed date

2/25/2025

Owner mailing address

55 TOWER HILL RD
MOUNTAIN LAKES, NJ 07046

Estimated market value

$1,319,195

range $1,193,304 – $1,486,612

high confidence

Assessment-implied: $1,162,496; Director's Ratio 0.8751 (2025)
Comp-implied: $1,371,429; 30 comparable sales

Estimated value, last 11 years

2016: $1,267,100 → 2026: $1,319,195

Based on 30 comparable sales

Address	Sold	Price
071 Ball Rd	1/15/2026	$1,329,000
021 Pollard Rd

Bordering

200-ft notice list →

049 Tower Hill Rd
Lot 1·$905,300
000 Ogden Rd
Lot 54·$595,700
061 Tower Hill Rd
Lot 8·$1,043,200

Block 52All of Block 52 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_52_5",
  "county_code": "14",
  "district_code": "25",
  "block": "52",
  "lot": "5",
  "qualifier": "",
  "property_location": "055 TOWER HILL RD",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SFG",
  "land_desc": ".747 AC",
  "year_built": 1920,
  "living_sqft": 3072,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "57170000",
  "improvement_value_cents": "44560000",
  "net_value_cents": "101730000",
  "last_yr_tx_cents": "2254750",
  "deed_date": "2025-02-25",
  "deed_book": "24884",
  "deed_page": "271",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "55 TOWER HILL RD",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.747000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.44471817228191,
  "centroid_lat": 40.89381508757854
}

SR1A

[
  {
    "id": "d3cb9370-f0a9-41d9-8c82-3b0f802b64d7",
    "property_id": null,
    "county_code": "14",
    "district_code": "25",
    "block": "52",
    "lot": "5",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2025-02-25",
    "date_recorded": "2025-02-27",
    "sale_price_cents": "100",
    "sr1a_year": 2025,
    "source": "sr1a"
  },
  {
    "id": "ce6f07cc-1cf2-4e56-8d24-5695ee21d8bc",
    "property_id": "91f86dd4-5011-4d5b-9a69-9bd87704b3f6",
    "county_code": "14",
    "district_code": "25",
    "block": "52",
    "lot": "5",
    "qualifier": "",
    "deed_book": "24884",
    "deed_page": "271",
    "deed_date": "2025-02-25",
    "date_recorded": "2025-02-27",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "ec5d2790-9c99-4efe-9de4-7577e3663a92",
    "property_id": "91f86dd4-5011-4d5b-9a69-9bd87704b3f6",
    "county_code": "14",
    "district_code": "25",
    "block": "52",
    "lot": "5",
    "qualifier": "",
    "deed_book": "24884",
    "deed_page": "271",
    "deed_date": "2025-02-25",
    "date_recorded": "2025-02-25",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj_owners"
  }
]

API record·permalink

Frequently asked questions

When was 055 Tower Hill Rd, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2025 for $1.
What is the assessed value of 055 Tower Hill Rd, Mountain Lakes Boro, NJ?: The total municipal assessment is $1,017,300 (land plus improvements).
What is 055 Tower Hill Rd, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $1,319,195, derived from comparable recorded sales nearby.
How many units does 055 Tower Hill Rd, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 055 Tower Hill Rd, Mountain Lakes Boro, NJ.
What kind of property is 055 Tower Hill Rd, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1920.

Sales history

2/27/2025$1
SR1A 2025
2/27/2025$1
taxrecords_njBk 24884 / Pg 271
2/25/2025$1
taxrecords_nj_ownersBk 24884 / Pg 271

Date	Price	Book / Page	Source
2/27/2025	$1	—	SR1A 2025
2/27/2025	$1	24884 / 271	taxrecords_nj
2/25/2025	$1	24884 / 271	taxrecords_nj_owners