When was 008 Rainbow Trl, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2020 for $890,000.

What is the assessed value of 008 Rainbow Trl, Mountain Lakes Boro, NJ?

The total municipal assessment is $1,091,900 (land plus improvements).

What is 008 Rainbow Trl, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $1,236,072, derived from comparable recorded sales nearby.

How many units does 008 Rainbow Trl, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 008 Rainbow Trl, Mountain Lakes Boro, NJ.

What kind of property is 008 Rainbow Trl, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2019.

parceldata.nj

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008 Rainbow Trl, Mountain Lakes Boro, NJ — owner, sales, deeds · parceldata

008 Rainbow Trl

Mountain Lakes Boro, NJ·Morris County

1425·block 7·lot 2

$1,236,072estimated value

Last sale

$890,000

4/16/2020 · SR1A 2020

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2019

Building size

2,828 sq ft

Lot size

0.47 ac

Land description

.470 AC

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,091,900

Land value

$385,100

Improvement value

$706,800

Last year's tax

$24,307

Last MOD-IV sale

$890,000

MOD-IV deed date

4/3/2020

Owner mailing address

8 RAINBOW TRL
MOUNTAIN LAKES, NJ 07046

Estimated market value

$1,236,072

range $1,113,123 – $1,421,091

moderate confidence

Assessment-implied: $1,247,743; Director's Ratio 0.8751 (2025)
Comp-implied: $1,244,035; 8 comparable sales

Estimated value, last 11 years

2016: $1,187,259 → 2026: $1,236,072

dots are actual sale prices for this property

Based on 8 comparable sales

Address	Sold	Price

Bordering

200-ft notice list →

007 Rainbow Trl
Lot 1·$550,000
016 Rainbow Trl
Lot 4·$538,700
333 Route 46
Lot 7·$12,935,700

Block 7All of Block 7 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1425_7_2",
  "county_code": "14",
  "district_code": "25",
  "block": "7",
  "lot": "2",
  "qualifier": "",
  "property_location": "008 RAINBOW TRL",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": null,
  "land_desc": ".470 AC",
  "year_built": 2019,
  "living_sqft": 2828,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "38510000",
  "improvement_value_cents": "70680000",
  "net_value_cents": "109190000",
  "last_yr_tx_cents": "2430745",
  "deed_date": "2020-04-03",
  "deed_book": "23753",
  "deed_page": "535",
  "sale_price_cents": "89000000",
  "sales_code": null,
  "owner_mailing_street": "8 RAINBOW TRL",
  "owner_mailing_city_state_zip": "MOUNTAIN LAKES, NJ  07046",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.470000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.46096076962642,
  "centroid_lat": 40.88629352312354
}

SR1A

[
  {
    "id": "1f02d937-7b16-45e0-8660-a3be96c2325b",
    "property_id": null,
    "county_code": "14",
    "district_code": "25",
    "block": "7",
    "lot": "2",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2020-04-03",
    "date_recorded": "2020-04-16",
    "sale_price_cents": "89000000",
    "sr1a_year": 2020,
    "source": "sr1a"
  },
  {
    "id": "d8c22fea-0b99-4212-8d54-f831eca2d712",
    "property_id": "9bfd8ad3-ed08-4fe2-a8b4-56e6d38033cf",
    "county_code": "14",
    "district_code": "25",
    "block": "7",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23753",
    "deed_page": "535",
    "deed_date": "2020-04-03",
    "date_recorded": "2020-04-16",
    "sale_price_cents": "89000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "8be243e1-28b5-463d-94bc-48fadcb2c992",
    "property_id": "9bfd8ad3-ed08-4fe2-a8b4-56e6d38033cf",
    "county_code": "14",
    "district_code": "25",
    "block": "7",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23753",
    "deed_page": "535",
    "deed_date": "2020-04-03",
    "date_recorded": "2020-04-03",
    "sale_price_cents": "89000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "55787c63-3b1d-4fd0-ba2f-380a17887f95",
    "property_id": "9bfd8ad3-ed08-4fe2-a8b4-56e6d38033cf",
    "county_code": "14",
    "district_code": "25",
    "block": "7",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23263",
    "deed_page": "931",
    "deed_date": "2017-10-18",
    "date_recorded": "2017-12-18",
    "sale_price_cents": "28000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "2b7ae1c1-859e-4725-b877-4537041cffc2",
    "property_id": "9bfd8ad3-ed08-4fe2-a8b4-56e6d38033cf",
    "county_code": "14",
    "district_code": "25",
    "block": "7",
    "lot": "2",
    "qualifier": "",
    "deed_book": "23263",
    "deed_page": "931",
    "deed_date": "2017-10-18",
    "date_recorded": "2017-10-18",
    "sale_price_cents": "28000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 008 Rainbow Trl, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2020 for $890,000.
What is the assessed value of 008 Rainbow Trl, Mountain Lakes Boro, NJ?: The total municipal assessment is $1,091,900 (land plus improvements).
What is 008 Rainbow Trl, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $1,236,072, derived from comparable recorded sales nearby.
How many units does 008 Rainbow Trl, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 008 Rainbow Trl, Mountain Lakes Boro, NJ.
What kind of property is 008 Rainbow Trl, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2019.

Sales history

4/16/2020$890,000
SR1A 2020
4/16/2020$890,000
taxrecords_njBk 23753 / Pg 535
4/3/2020$890,000
MOD-IV (Rutgers)Bk 23753 / Pg 535
12/18/2017$280,000
taxrecords_njBk 23263 / Pg 931
10/18/2017$280,000
MOD-IV (Rutgers)Bk 23263 / Pg 931

Date	Price	Book / Page	Source
4/16/2020	$890,000	—	SR1A 2020
4/16/2020	$890,000	23753 / 535	taxrecords_nj
4/3/2020	$890,000	23753 / 535	MOD-IV (Rutgers)
12/18/2017	$280,000	23263 / 931	taxrecords_nj
10/18/2017	$280,000	23263 / 931	MOD-IV (Rutgers)

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