When was 031 Hanover Rd, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2017 for $855,500.

What is the assessed value of 031 Hanover Rd, Mountain Lakes Boro, NJ?

The total municipal assessment is $939,500 (land plus improvements).

What is 031 Hanover Rd, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $1,224,071, derived from comparable recorded sales nearby.

How many units does 031 Hanover Rd, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 031 Hanover Rd, Mountain Lakes Boro, NJ.

What kind of property is 031 Hanover Rd, Mountain Lakes Boro, NJ?

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

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031 Hanover Rd, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

031 Hanover Rd

Mountain Lakes Boro, NJ·Morris County

1425·block 62·lot 5

$1,224,071estimated value

Last sale

$855,500

2/3/2017 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1948

Building size

2,552 sq ft

Lot size

0.46 ac

Land description

.459 AC

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$939,500

Land value

$472,800

Improvement value

$466,700

Last year's tax

$20,852

Last MOD-IV sale

$855,500

MOD-IV deed date

1/24/2017

Owner mailing address

31 HANOVDER, RD
MOUNTAIN LAKES, NJ 07046

Estimated market value

$1,224,071

range $1,053,024 – $1,334,681

high confidence

Assessment-implied: $1,073,592; Director's Ratio 0.8751 (2025)
Comp-implied: $1,274,230; 30 comparable sales

Estimated value, last 11 years

2016: $1,175,731 → 2026: $1,224,071

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
330 Morris Ave

Bordering

200-ft notice list →

033 Hanover Rd
Lot 1·$1,519,000
030 Blvd
Lot 33·$565,200
036 Blvd
Lot 36·$948,000
025 Hanover Rd
Lot 7·$698,600

Block 62All of Block 62 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_62_5",
  "county_code": "14",
  "district_code": "25",
  "block": "62",
  "lot": "5",
  "qualifier": "",
  "property_location": "031 HANOVER RD",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SF",
  "land_desc": ".459 AC",
  "year_built": 1948,
  "living_sqft": 2552,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "47280000",
  "improvement_value_cents": "46670000",
  "net_value_cents": "93950000",
  "last_yr_tx_cents": "2085202",
  "deed_date": "2017-01-24",
  "deed_book": "23075",
  "deed_page": "514",
  "sale_price_cents": "85550000",
  "sales_code": null,
  "owner_mailing_street": "31 HANOVDER, RD",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.459000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.4262116311994,
  "centroid_lat": 40.90141161227769
}

SR1A

[
  {
    "id": "80c53b3b-8d17-401d-aeac-20078e07484f",
    "property_id": "de7d0550-4e03-4838-81ab-3ca87fb06f66",
    "county_code": "14",
    "district_code": "25",
    "block": "62",
    "lot": "5",
    "qualifier": "",
    "deed_book": "23075",
    "deed_page": "514",
    "deed_date": "2017-01-24",
    "date_recorded": "2017-02-03",
    "sale_price_cents": "85550000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "37fea53e-63f4-4977-8681-cd66adedba7d",
    "property_id": "de7d0550-4e03-4838-81ab-3ca87fb06f66",
    "county_code": "14",
    "district_code": "25",
    "block": "62",
    "lot": "5",
    "qualifier": "",
    "deed_book": "23075",
    "deed_page": "514",
    "deed_date": "2017-01-24",
    "date_recorded": "2017-01-24",
    "sale_price_cents": "85550000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b397bf4d-f142-4f19-ae73-ff4e40d199d7",
    "property_id": "de7d0550-4e03-4838-81ab-3ca87fb06f66",
    "county_code": "14",
    "district_code": "25",
    "block": "62",
    "lot": "5",
    "qualifier": "",
    "deed_book": "21757",
    "deed_page": "1115",
    "deed_date": "2011-02-04",
    "date_recorded": "2011-03-14",
    "sale_price_cents": "74000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "74593fb2-01fd-4e55-b94f-711c07f34686",
    "property_id": "de7d0550-4e03-4838-81ab-3ca87fb06f66",
    "county_code": "14",
    "district_code": "25",
    "block": "62",
    "lot": "5",
    "qualifier": "",
    "deed_book": "21757",
    "deed_page": "1115",
    "deed_date": "2011-02-04",
    "date_recorded": "2011-02-04",
    "sale_price_cents": "74000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 031 Hanover Rd, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2017 for $855,500.
What is the assessed value of 031 Hanover Rd, Mountain Lakes Boro, NJ?: The total municipal assessment is $939,500 (land plus improvements).
What is 031 Hanover Rd, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $1,224,071, derived from comparable recorded sales nearby.
How many units does 031 Hanover Rd, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 031 Hanover Rd, Mountain Lakes Boro, NJ.
What kind of property is 031 Hanover Rd, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1948.

Sales history

2/3/2017$855,500
taxrecords_njBk 23075 / Pg 514
1/24/2017$855,500
MOD-IV (Rutgers)Bk 23075 / Pg 514
3/14/2011$740,000
taxrecords_njBk 21757 / Pg 1115
2/4/2011$740,000
MOD-IV (Rutgers)Bk 21757 / Pg 1115

Date	Price	Book / Page	Source
2/3/2017	$855,500	23075 / 514	taxrecords_nj
1/24/2017	$855,500	23075 / 514	MOD-IV (Rutgers)
3/14/2011	$740,000	21757 / 1115	taxrecords_nj
2/4/2011	$740,000	21757 / 1115	MOD-IV (Rutgers)