When was 016 Rainbow Trl, Mountain Lakes Boro, NJ last sold?

The most recent recorded sale was in 2000 for $100.

What is the assessed value of 016 Rainbow Trl, Mountain Lakes Boro, NJ?

The total municipal assessment is $538,700 (land plus improvements).

What is 016 Rainbow Trl, Mountain Lakes Boro, NJ worth?

Our model estimates a market value of $580,216, derived from comparable recorded sales nearby.

How many units does 016 Rainbow Trl, Mountain Lakes Boro, NJ have?

Records show 1 dwelling unit at 016 Rainbow Trl, Mountain Lakes Boro, NJ.

What kind of property is 016 Rainbow Trl, Mountain Lakes Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

parceldata.nj

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

016 Rainbow Trl

Mountain Lakes Boro, NJ·Morris County

1425·block 7·lot 4

$580,216estimated value

Last sale

$100

11/6/2000 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1950

Building size

1,040 sq ft

Lot size

0.48 ac

Land description

.482 AC

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$538,700

Land value

$387,300

Improvement value

$151,400

Last year's tax

$11,802

Last MOD-IV sale

$100

MOD-IV deed date

10/25/2000

Owner mailing address

225 ST PAULS'A AVE APT 1P
JERSEY CITY, NJ 07306

Estimated market value

$580,216

range $506,685 – $653,566

high confidence

Assessment-implied: $615,587; Director's Ratio 0.8751 (2025)
Comp-implied: $562,531; 6 comparable sales

Estimated value, last 11 years

2016: $557,303 → 2026: $580,216

Based on 6 comparable sales

Address	Sold	Price
054 Cobb Rd	1/20/2026	$600,000
10 Wilcox Drive	9/16/2025	$1,400,000

Bordering

200-ft notice list →

008 Rainbow Trl
Lot 2·$1,091,900
018 Rainbow Trl
Lot 6·$575,600
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": [
      "225 ST PAULS A AVE APT 1P JERSEY CITY NJ 07306"
    ],
    "zipKeys": [
      "225 ST PAULS A AVE APT 1P 07306"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1425_7_4",
  "county_code": "14",
  "district_code": "25",
  "block": "7",
  "lot": "4",
  "qualifier": "",
  "property_location": "016 RAINBOW TRL",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1SF",
  "land_desc": ".482 AC",
  "year_built": 1950,
  "living_sqft": 1040,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "38730000",
  "improvement_value_cents": "15140000",
  "net_value_cents": "53870000",
  "last_yr_tx_cents": "1180150",
  "deed_date": "2000-10-25",
  "deed_book": "5276",
  "deed_page": "215",
  "sale_price_cents": "10000",
  "sales_code": null,
  "owner_mailing_street": "225 ST PAULS'A AVE APT 1P",
  "owner_mailing_city_state_zip": "JERSEY CITY, NJ  07306",
  "mun_name": "MOUNTAIN LAKES BORO",
  "calc_acre": "0.482000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.4605476741272,
  "centroid_lat": 40.88656859649572
}

SR1A

[
  {
    "id": "4aa59983-4165-46c2-90dc-dada61f4ff90",
    "property_id": "3d653906-9047-43ac-bb76-aaaa6cf3b0a1",
    "county_code": "14",
    "district_code": "25",
    "block": "7",
    "lot": "4",
    "qualifier": "",
    "deed_book": "5276",
    "deed_page": "215",
    "deed_date": "2000-10-25",
    "date_recorded": "2000-11-06",
    "sale_price_cents": "10000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "20cc7b93-a871-4d16-bafd-749fffbe32ce",
    "property_id": "3d653906-9047-43ac-bb76-aaaa6cf3b0a1",
    "county_code": "14",
    "district_code": "25",
    "block": "7",
    "lot": "4",
    "qualifier": "",
    "deed_book": "5276",
    "deed_page": "215",
    "deed_date": "2000-10-25",
    "date_recorded": "2000-10-25",
    "sale_price_cents": "10000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 016 Rainbow Trl, Mountain Lakes Boro, NJ last sold?: The most recent recorded sale was in 2000 for $100.
What is the assessed value of 016 Rainbow Trl, Mountain Lakes Boro, NJ?: The total municipal assessment is $538,700 (land plus improvements).
What is 016 Rainbow Trl, Mountain Lakes Boro, NJ worth?: Our model estimates a market value of $580,216, derived from comparable recorded sales nearby.
How many units does 016 Rainbow Trl, Mountain Lakes Boro, NJ have?: Records show 1 dwelling unit at 016 Rainbow Trl, Mountain Lakes Boro, NJ.
What kind of property is 016 Rainbow Trl, Mountain Lakes Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

Sales history

11/6/2000$100
taxrecords_njBk 5276 / Pg 215
10/25/2000$100
MOD-IV (Rutgers)Bk 5276 / Pg 215

Date	Price	Book / Page	Source
11/6/2000	$100	5276 / 215	taxrecords_nj
10/25/2000	$100	5276 / 215	MOD-IV (Rutgers)