When was 063 Melrose Rd, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2016 for $1,300,000.

What is the assessed value of 063 Melrose Rd, Mountain Lakes Boro, NJ?

The total municipal assessment is $1,626,600 (land plus improvements).

What is 063 Melrose Rd, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $1,913,079, derived from comparable recorded sales nearby.

How many units does 063 Melrose Rd, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 063 Melrose Rd, Mountain Lakes Boro, NJ.

What kind of property is 063 Melrose Rd, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1954.

parceldata.nj

Loading…

063 Melrose Rd, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

063 Melrose Rd

Mountain Lakes Boro, NJ·Morris County

1425·block 64·lot 5

$1,913,079estimated value

Last sale

$1,300,000

9/26/2016 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1954

Building size

4,961 sq ft

Lot size

0.64 ac

Land description

.637 AC

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,626,600

Land value

$538,700

Improvement value

$1,087,900

Last year's tax

$37,847

Last MOD-IV sale

$1,300,000

MOD-IV deed date

9/9/2016

Owner mailing address

63 MELROSE RD
MOUNTAIN LAKES, NJ 07046

Estimated market value

$1,913,079

range $1,549,702 – $2,038,765

high confidence

Assessment-implied: $1,858,759; Director's Ratio 0.8751 (2025)
Comp-implied: $1,931,185; 17 comparable sales

Estimated value, last 11 years

2016: $1,837,530 → 2026: $1,913,079

dots are actual sale prices for this property

Based on 17 comparable sales

Address	Sold

Bordering

200-ft notice list →

060 Hanover Rd
Lot 28·$1,318,100
065 Melrose Rd
Lot 3·$1,161,400
011 Powerville Rd
Lot 32·$1,127,600
059 Melrose Rd
Lot 8·$373,900

Block 64All of Block 64 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_64_5",
  "county_code": "14",
  "district_code": "25",
  "block": "64",
  "lot": "5",
  "qualifier": "",
  "property_location": "063 MELROSE RD",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": null,
  "land_desc": ".637 AC",
  "year_built": 1954,
  "living_sqft": 4961,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "53870000",
  "improvement_value_cents": "108790000",
  "net_value_cents": "162660000",
  "last_yr_tx_cents": "3784741",
  "deed_date": "2016-09-09",
  "deed_book": "22991",
  "deed_page": "1988",
  "sale_price_cents": "130000000",
  "sales_code": null,
  "owner_mailing_street": "63 MELROSE RD",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.637000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.42679930397703,
  "centroid_lat": 40.89901397461174
}

SR1A

[
  {
    "id": "c1517a1f-9156-4025-87d7-bd78b2de1e6a",
    "property_id": "030c8b65-a9a7-4cd6-9968-dc24d6b74ca5",
    "county_code": "14",
    "district_code": "25",
    "block": "64",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22991",
    "deed_page": "1988",
    "deed_date": "2016-09-09",
    "date_recorded": "2016-09-26",
    "sale_price_cents": "130000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "3a6dd8f8-5c9a-4934-a06e-452849075ef2",
    "property_id": "030c8b65-a9a7-4cd6-9968-dc24d6b74ca5",
    "county_code": "14",
    "district_code": "25",
    "block": "64",
    "lot": "5",
    "qualifier": "",
    "deed_book": "22991",
    "deed_page": "1988",
    "deed_date": "2016-09-09",
    "date_recorded": "2016-09-09",
    "sale_price_cents": "130000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "fd78c0ba-54ed-4f04-9e8a-44af2aef2851",
    "property_id": "030c8b65-a9a7-4cd6-9968-dc24d6b74ca5",
    "county_code": "14",
    "district_code": "25",
    "block": "64",
    "lot": "5",
    "qualifier": "",
    "deed_book": "4767",
    "deed_page": "171",
    "deed_date": "1998-05-18",
    "date_recorded": "1998-05-19",
    "sale_price_cents": "31000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6b088ccc-127c-4e0d-b122-173541ebcc9d",
    "property_id": "030c8b65-a9a7-4cd6-9968-dc24d6b74ca5",
    "county_code": "14",
    "district_code": "25",
    "block": "64",
    "lot": "5",
    "qualifier": "",
    "deed_book": "4767",
    "deed_page": "175",
    "deed_date": "1998-05-18",
    "date_recorded": "1998-05-19",
    "sale_price_cents": "40000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b7ea18ab-b05d-4101-ab46-9a016758e83f",
    "property_id": "030c8b65-a9a7-4cd6-9968-dc24d6b74ca5",
    "county_code": "14",
    "district_code": "25",
    "block": "64",
    "lot": "5",
    "qualifier": "",
    "deed_book": "4767",
    "deed_page": "175",
    "deed_date": "1998-05-18",
    "date_recorded": "1998-05-18",
    "sale_price_cents": "40000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 063 Melrose Rd, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2016 for $1,300,000.
What is the assessed value of 063 Melrose Rd, Mountain Lakes Boro, NJ?: The total municipal assessment is $1,626,600 (land plus improvements).
What is 063 Melrose Rd, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $1,913,079, derived from comparable recorded sales nearby.
How many units does 063 Melrose Rd, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 063 Melrose Rd, Mountain Lakes Boro, NJ.
What kind of property is 063 Melrose Rd, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1954.

Sales history

9/26/2016$1,300,000
taxrecords_njBk 22991 / Pg 1988
9/9/2016$1,300,000
MOD-IV (Rutgers)Bk 22991 / Pg 1988
5/19/1998$310,000
taxrecords_njBk 4767 / Pg 171
5/19/1998$400,000
taxrecords_njBk 4767 / Pg 175
5/18/1998$400,000
MOD-IV (Rutgers)Bk 4767 / Pg 175

Date	Price	Book / Page	Source
9/26/2016	$1,300,000	22991 / 1988	taxrecords_nj
9/9/2016	$1,300,000	22991 / 1988	MOD-IV (Rutgers)
5/19/1998	$310,000	4767 / 171	taxrecords_nj
5/19/1998	$400,000	4767 / 175	taxrecords_nj
5/18/1998	$400,000	4767 / 175	MOD-IV (Rutgers)

017 Crystal Rd	1/6/2026	$2,430,000
10 Wilcox Drive	9/16/2025	$1,400,000
090 Briarcliff Rd	6/25/2025	$1,350,000
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
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
002 Scarborough Rd	4/17/2024	$1,168,000
11 Point View Place	4/15/2024	$2,137,000
011 Point View Pl	4/15/2024	$2,137,000
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
099 Laurel Hill Rd	10/31/2023	$1,300,000
060 Crane Rd	6/7/2023	$556,000