When was 15 Cheri Ln, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2021 for $450,000.

What is the assessed value of 15 Cheri Ln, Mount Olive Twp, NJ?

The total municipal assessment is $321,900 (land plus improvements).

What is 15 Cheri Ln, Mount Olive Twp, NJ worth?

Our model estimates a market value of $636,007, derived from comparable recorded sales nearby.

How many units does 15 Cheri Ln, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 15 Cheri Ln, Mount Olive Twp, NJ.

What kind of property is 15 Cheri Ln, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1978.

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15 Cheri Ln, Mount Olive Twp, NJ — owner, sales, deeds · parceldata

15 Cheri Ln

Mount Olive Twp, NJ 07828·Morris County

1427·block 1002·lot 19

$636,007estimated value

Last sale

$450,000

10/26/2021 · taxrecords_nj

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1978

Building size

2,262 sq ft

Lot size

0.52 ac

Land description

109X207

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$321,900

Land value

$141,500

Improvement value

$180,400

Last year's tax

$11,218

Last MOD-IV sale

$450,000

MOD-IV deed date

1/28/2021

Owner mailing address

15 CHERI LN
BUDD LAKE, NJ 07828

Estimated market value

$636,007

range $583,397 – $699,162

high confidence

Assessment-implied: $486,842; Director's Ratio 0.6612 (2025)
Comp-implied: $662,164; 30 comparable sales

Estimated value, last 11 years

2016: $343,197 → 2026: $636,007

dots are actual sale prices for this property

Bordering

200-ft notice list →

16 Bridle Ln
Lot 15·$400,800
17 Cheri Ln
Lot 18·$347,100
13 Cheri Ln
Lot 20·$382,800

Block 1002All of Block 1002 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 1,
  "portfolioKeys": {
    "fullKeys": [
      "15 CHERI LN BUDD LAKE NJ 07828"
    ],
    "zipKeys": [
      "15 CHERI LN 07828"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1427_1002_19",
  "county_code": "14",
  "district_code": "27",
  "block": "1002",
  "lot": "19",
  "qualifier": "",
  "property_location": "15 CHERI LN",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2SF",
  "land_desc": "109X207",
  "year_built": 1978,
  "living_sqft": 2262,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "14150000",
  "improvement_value_cents": "18040000",
  "net_value_cents": "32190000",
  "last_yr_tx_cents": "1121822",
  "deed_date": "2021-01-28",
  "deed_book": "24255",
  "deed_page": "755",
  "sale_price_cents": "45000000",
  "sales_code": null,
  "owner_mailing_street": "15 CHERI LN",
  "owner_mailing_city_state_zip": "BUDD LAKE, NJ  07828",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "0.518000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.77153650815892,
  "centroid_lat": 40.87857519787551
}

SR1A

[
  {
    "id": "37a00e81-2564-4a7f-bcad-86e68fc4586d",
    "property_id": "025244c6-0ea6-4a28-99f7-bd14b36d67a2",
    "county_code": "14",
    "district_code": "27",
    "block": "1002",
    "lot": "19",
    "qualifier": "",
    "deed_book": "24255",
    "deed_page": "755",
    "deed_date": "2021-01-28",
    "date_recorded": "2021-10-26",
    "sale_price_cents": "45000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d2485694-a4d4-4c31-9ee2-e4bd57576207",
    "property_id": null,
    "county_code": "14",
    "district_code": "27",
    "block": "1002",
    "lot": "19",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-01-28",
    "date_recorded": "2021-10-26",
    "sale_price_cents": "45000000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "4e0d1d7f-b19e-411f-babc-84f85078ca43",
    "property_id": "025244c6-0ea6-4a28-99f7-bd14b36d67a2",
    "county_code": "14",
    "district_code": "27",
    "block": "1002",
    "lot": "19",
    "qualifier": "",
    "deed_book": "24255",
    "deed_page": "755",
    "deed_date": "2021-01-28",
    "date_recorded": "2021-01-28",
    "sale_price_cents": "45000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "e2f1b138-e83c-4322-80d6-67c0916345c4",
    "property_id": "025244c6-0ea6-4a28-99f7-bd14b36d67a2",
    "county_code": "14",
    "district_code": "27",
    "block": "1002",
    "lot": "19",
    "qualifier": "",
    "deed_book": "23771",
    "deed_page": "986",
    "deed_date": "2020-05-06",
    "date_recorded": "2020-05-13",
    "sale_price_cents": "23000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "1152f730-8811-40dd-8179-4c430322d455",
    "property_id": null,
    "county_code": "14",
    "district_code": "27",
    "block": "1002",
    "lot": "19",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2020-05-06",
    "date_recorded": "2020-05-13",
    "sale_price_cents": "23000000",
    "sr1a_year": 2020,
    "source": "sr1a"
  },
  {
    "id": "fea26221-840a-4ca5-b24a-31f4712914cb",
    "property_id": "025244c6-0ea6-4a28-99f7-bd14b36d67a2",
    "county_code": "14",
    "district_code": "27",
    "block": "1002",
    "lot": "19",
    "qualifier": "",
    "deed_book": "23771",
    "deed_page": "986",
    "deed_date": "2020-05-06",
    "date_recorded": "2020-05-06",
    "sale_price_cents": "23000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7299c6dd-834c-40e9-8e20-f4013a1384ff",
    "property_id": "025244c6-0ea6-4a28-99f7-bd14b36d67a2",
    "county_code": "14",
    "district_code": "27",
    "block": "1002",
    "lot": "19",
    "qualifier": "",
    "deed_book": "4174",
    "deed_page": "16",
    "deed_date": "1994-12-10",
    "date_recorded": "1995-04-25",
    "sale_price_cents": "22200000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "8397079a-f495-4c47-af56-e8ff22c2013e",
    "property_id": "025244c6-0ea6-4a28-99f7-bd14b36d67a2",
    "county_code": "14",
    "district_code": "27",
    "block": "1002",
    "lot": "19",
    "qualifier": "",
    "deed_book": "4174",
    "deed_page": "16",
    "deed_date": "1994-12-10",
    "date_recorded": "1994-12-10",
    "sale_price_cents": "22200000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 15 Cheri Ln, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2021 for $450,000.
What is the assessed value of 15 Cheri Ln, Mount Olive Twp, NJ?: The total municipal assessment is $321,900 (land plus improvements).
What is 15 Cheri Ln, Mount Olive Twp, NJ worth?: Our model estimates a market value of $636,007, derived from comparable recorded sales nearby.
How many units does 15 Cheri Ln, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 15 Cheri Ln, Mount Olive Twp, NJ.
What kind of property is 15 Cheri Ln, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1978.

Based on 30 comparable sales

Address	Sold	Price
50 Clover Hill Dr	4/1/2026	$575,000
19 Indian Ln	3/25/2026	$585,000
88 Smithtown Rd	3/12/2026	$560,000
2 Robert St	3/11/2026	$615,000
10 Budd Lake Heights Rd	2/5/2026	$390,000
24 Ramar St	12/30/2025	$599,000
1 Bridle Ln	12/26/2025	$500,000
12 Snead CT	12/23/2025	$710,000
1 Kenneth Ter	12/15/2025	$485,000
5 Francis Ter	12/15/2025	$565,000
38 Crestwood Cir	12/12/2025	$615,000
1 Pershing Ave	12/9/2025	$595,000
31 Orchard St	11/10/2025	$525,000
19 Lisa Dr	11/10/2025	$860,000
5 Stanley Pl	11/3/2025	$560,000
10 Carson Rd	10/31/2025	$563,000
1 Lisa Dr	10/28/2025	$525,000
11 Washington St	10/22/2025	$665,000
13 Chickadee Rd	10/21/2025	$410,000
21 Ramar St	10/15/2025	$455,000
40 Camelot Dr	10/9/2025	$675,000
8 Andrea CT	9/23/2025	$885,000
26 Robert St	9/8/2025	$615,000
111 Crenshaw Dr	8/28/2025	$762,500
70 Crenshaw Dr	8/25/2025	$750,000
5 N Rose Ln	8/13/2025	$600,000
143 Crenshaw Dr	8/5/2025	$585,000
16 Louis Dr	7/31/2025	$234,166
3 Harwich Rd	7/30/2025	$764,990
16 Edward Dr	7/21/2025	$610,000

Sales history

10/26/2021$450,000
taxrecords_njBk 24255 / Pg 755
10/26/2021$450,000
SR1A 2022
1/28/2021$450,000
MOD-IV (Rutgers)Bk 24255 / Pg 755
5/13/2020$230,000
taxrecords_njBk 23771 / Pg 986
5/13/2020$230,000
SR1A 2020
5/6/2020$230,000
MOD-IV (Rutgers)Bk 23771 / Pg 986
4/25/1995$222,000
taxrecords_njBk 4174 / Pg 16
12/10/1994$222,000
MOD-IV (Rutgers)Bk 4174 / Pg 16

Date	Price	Book / Page	Source
10/26/2021	$450,000	24255 / 755	taxrecords_nj
10/26/2021	$450,000	—	SR1A 2022
1/28/2021	$450,000	24255 / 755	MOD-IV (Rutgers)
5/13/2020	$230,000	23771 / 986	taxrecords_nj
5/13/2020	$230,000	—	SR1A 2020
5/6/2020	$230,000	23771 / 986	MOD-IV (Rutgers)
4/25/1995	$222,000	4174 / 16	taxrecords_nj
12/10/1994	$222,000	4174 / 16	MOD-IV (Rutgers)