When was 56 Sovereign Dr, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2025 for $1,275,000.

What is the assessed value of 56 Sovereign Dr, Mount Olive Twp, NJ?

The total municipal assessment is $727,300 (land plus improvements).

What is 56 Sovereign Dr, Mount Olive Twp, NJ worth?

Our model estimates a market value of $1,319,301, derived from comparable recorded sales nearby.

How many units does 56 Sovereign Dr, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 56 Sovereign Dr, Mount Olive Twp, NJ.

What kind of property is 56 Sovereign Dr, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2015.

parceldata.nj

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56 Sovereign Dr, Mount Olive Twp, NJ — owner, sales, deeds · parceldata

56 Sovereign Dr

Mount Olive Twp, NJ 07836·Morris County

1427·block 4401·lot 26

$1,319,301estimated value

Last sale

$1,275,000

1/30/2025 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2015

Building size

5,317 sq ft

Lot size

1.75 ac

Land description

1.75 AC

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$727,300

Land value

$166,900

Improvement value

$560,400

Last year's tax

$25,346

Last MOD-IV sale

$1,275,000

MOD-IV deed date

1/22/2025

Owner mailing address

56 SOVEREIGN DR
FLANDERS, NJ 07836

Estimated market value

$1,319,301

range $1,232,791 – $1,419,965

high confidence

Assessment-implied: $1,099,970; Director's Ratio 0.6612 (2025)
Comp-implied: $1,287,484; 25 comparable sales

Estimated value, last 11 years

2016: $711,910 → 2026: $1,319,301

dots are actual sale prices for this property

Bordering

200-ft notice list →

9 Stark CT
Lot 18·$615,100
7 Stark CT
Lot 19·$670,400
54 Sovereign Dr
Lot 25·$613,500
60 Sovereign Dr
Lot 27·$556,000

Block 4401All of Block 4401 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "56 SOVEREIGN DR FLANDERS NJ 07836"
    ],
    "zipKeys": [
      "56 SOVEREIGN DR 07836"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1427_4401_26",
  "county_code": "14",
  "district_code": "27",
  "block": "4401",
  "lot": "26",
  "qualifier": "",
  "property_location": "56 SOVEREIGN DR",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": null,
  "land_desc": "1.75 AC",
  "year_built": 2015,
  "living_sqft": 5317,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "16690000",
  "improvement_value_cents": "56040000",
  "net_value_cents": "72730000",
  "last_yr_tx_cents": "2534641",
  "deed_date": "2025-01-22",
  "deed_book": "24872",
  "deed_page": "451",
  "sale_price_cents": "127500000",
  "sales_code": null,
  "owner_mailing_street": "56 SOVEREIGN DR",
  "owner_mailing_city_state_zip": "FLANDERS, NJ  07836",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "1.750000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.70811042337115,
  "centroid_lat": 40.87506626517417
}

SR1A

[
  {
    "id": "9dd9872f-dd15-4662-8cac-f27e7ad6b615",
    "property_id": "6fd3b0b4-633f-40ab-8337-4eaa9509149c",
    "county_code": "14",
    "district_code": "27",
    "block": "4401",
    "lot": "26",
    "qualifier": "",
    "deed_book": "24872",
    "deed_page": "451",
    "deed_date": "2025-01-22",
    "date_recorded": "2025-01-30",
    "sale_price_cents": "127500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "5579f1a8-adcb-4733-8f88-dbe4275dc580",
    "property_id": null,
    "county_code": "14",
    "district_code": "27",
    "block": "4401",
    "lot": "26",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2025-01-22",
    "date_recorded": "2025-01-30",
    "sale_price_cents": "127500000",
    "sr1a_year": 2025,
    "source": "sr1a"
  },
  {
    "id": "53a63c68-0450-4dcc-9fd4-39674970d122",
    "property_id": "6fd3b0b4-633f-40ab-8337-4eaa9509149c",
    "county_code": "14",
    "district_code": "27",
    "block": "4401",
    "lot": "26",
    "qualifier": "",
    "deed_book": "24872",
    "deed_page": "451",
    "deed_date": "2025-01-22",
    "date_recorded": "2025-01-22",
    "sale_price_cents": "127500000",
    "sr1a_year": null,
    "source": "taxrecords_nj_owners"
  },
  {
    "id": "3f41db81-e0da-4449-a764-c67754881735",
    "property_id": "6fd3b0b4-633f-40ab-8337-4eaa9509149c",
    "county_code": "14",
    "district_code": "27",
    "block": "4401",
    "lot": "26",
    "qualifier": "",
    "deed_book": "24514",
    "deed_page": "1858",
    "deed_date": "2022-09-29",
    "date_recorded": "2022-10-20",
    "sale_price_cents": "90100000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "16f0bdaa-ca2c-43d0-aabf-6c6b056970b1",
    "property_id": null,
    "county_code": "14",
    "district_code": "27",
    "block": "4401",
    "lot": "26",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2022-09-29",
    "date_recorded": "2022-10-20",
    "sale_price_cents": "90100000",
    "sr1a_year": 2023,
    "source": "sr1a"
  },
  {
    "id": "c9c91f78-cad8-4679-b901-9972b13a0d48",
    "property_id": "6fd3b0b4-633f-40ab-8337-4eaa9509149c",
    "county_code": "14",
    "district_code": "27",
    "block": "4401",
    "lot": "26",
    "qualifier": "",
    "deed_book": "24514",
    "deed_page": "1858",
    "deed_date": "2022-09-29",
    "date_recorded": "2022-09-29",
    "sale_price_cents": "90100000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "e0e29165-eb8a-4911-b98c-6563996118ed",
    "property_id": "6fd3b0b4-633f-40ab-8337-4eaa9509149c",
    "county_code": "14",
    "district_code": "27",
    "block": "4401",
    "lot": "26",
    "qualifier": "",
    "deed_book": "22728",
    "deed_page": "1400",
    "deed_date": "2015-04-23",
    "date_recorded": "2015-06-17",
    "sale_price_cents": "79445500",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "48b39d97-d050-40ef-9484-f967cab437af",
    "property_id": "6fd3b0b4-633f-40ab-8337-4eaa9509149c",
    "county_code": "14",
    "district_code": "27",
    "block": "4401",
    "lot": "26",
    "qualifier": "",
    "deed_book": "22728",
    "deed_page": "1400",
    "deed_date": "2015-04-23",
    "date_recorded": "2015-04-23",
    "sale_price_cents": "79445500",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "a830bee2-7a85-47a6-8cd9-682d8d62aad0",
    "property_id": "6fd3b0b4-633f-40ab-8337-4eaa9509149c",
    "county_code": "14",
    "district_code": "27",
    "block": "4401",
    "lot": "26",
    "qualifier": "",
    "deed_book": "5546",
    "deed_page": "80",
    "deed_date": "2002-01-14",
    "date_recorded": "2002-01-14",
    "sale_price_cents": "100000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 56 Sovereign Dr, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2025 for $1,275,000.
What is the assessed value of 56 Sovereign Dr, Mount Olive Twp, NJ?: The total municipal assessment is $727,300 (land plus improvements).
What is 56 Sovereign Dr, Mount Olive Twp, NJ worth?: Our model estimates a market value of $1,319,301, derived from comparable recorded sales nearby.
How many units does 56 Sovereign Dr, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 56 Sovereign Dr, Mount Olive Twp, NJ.
What kind of property is 56 Sovereign Dr, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2015.

Based on 25 comparable sales

Address	Sold	Price
5 Fennimore CT	4/13/2026	$1,350,000
162 Flanders-Netcong Rd	3/6/2026	$905,000
11 Southwind Dr	2/13/2026	$1,125,000
8 Stark CT	12/29/2025	$1,045,000
190 Sand Shore Rd	12/2/2025	$999,900
11 Stark CT	11/7/2025	$1,295,000
28 Sovereign Dr	9/3/2025	$1,125,000
42 Sovereign Dr	7/30/2025	$1,376,000
15 Marcin Way	7/24/2025	$1,046,550
8 Marcin Way	7/17/2025	$1,120,000
41 Sovereign Dr	6/25/2025	$1,140,000
5 Stark CT	12/20/2024	$1,275,000
7 Marcin Way	10/3/2024	$1,300,000
160 Flanders-Netcong Rd	7/26/2024	$995,000
6 Sovereign Dr	7/8/2024	$1,200,000
8 Stark CT	7/1/2024	$994,000
162 Flanders-Netcong Rd	4/10/2024	$920,000
23 Sovereign Dr	11/1/2023	$995,000
9 Stark CT	8/24/2023	$1,150,000
10 Sovereign Dr	8/17/2023	$830,000
4 Southwind Dr	8/9/2023	$890,000
10 Sovereign Dr	6/14/2023	$419,000
8 Sovereign Dr	6/12/2023	$975,000
19 Hillside Ave	6/8/2023	$345,000
34 Sovereign Dr	5/30/2023	$1,100,000

Sales history

1/30/2025$1,275,000
taxrecords_njBk 24872 / Pg 451
1/30/2025$1,275,000
SR1A 2025
1/22/2025$1,275,000
taxrecords_nj_ownersBk 24872 / Pg 451
10/20/2022$901,000
taxrecords_njBk 24514 / Pg 1858
10/20/2022$901,000
SR1A 2023
9/29/2022$901,000
MOD-IV (Rutgers)Bk 24514 / Pg 1858
6/17/2015$794,455
taxrecords_njBk 22728 / Pg 1400
4/23/2015$794,455
MOD-IV (Rutgers)Bk 22728 / Pg 1400
1/14/2002$1,000,000
MOD-IV (Rutgers)Bk 5546 / Pg 80

Date	Price	Book / Page	Source
1/30/2025	$1,275,000	24872 / 451	taxrecords_nj
1/30/2025	$1,275,000	—	SR1A 2025
1/22/2025	$1,275,000	24872 / 451	taxrecords_nj_owners
10/20/2022	$901,000	24514 / 1858	taxrecords_nj
10/20/2022	$901,000	—	SR1A 2023
9/29/2022	$901,000	24514 / 1858	MOD-IV (Rutgers)
6/17/2015	$794,455	22728 / 1400	taxrecords_nj
4/23/2015	$794,455	22728 / 1400	MOD-IV (Rutgers)
1/14/2002	$1,000,000	5546 / 80	MOD-IV (Rutgers)