When was 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2021 for $400,000.

What is the assessed value of 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ?

The total municipal assessment is $245,100 (land plus improvements).

What is 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ worth?

Our model estimates a market value of $490,193, derived from comparable recorded sales nearby.

How many units does 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ.

What kind of property is 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1971.

parceldata.nj

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8 Flanders-Drakestown Rd, Mount Olive Twp, NJ — owner, sales, deeds · parceldata

8 Flanders-Drakestown Rd

Mount Olive Twp, NJ 07836·Morris County

1427·block 5001·lot 4

$490,193estimated value

Last sale

$400,000

3/18/2022 · SR1A 2022

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

1971

Building size

1,361 sq ft

Lot size

0.47 ac

Land description

103X200

Building description

1SF R

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$245,100

Land value

$126,800

Improvement value

$118,300

Last year's tax

$8,542

Last MOD-IV sale

$400,000

MOD-IV deed date

12/30/2021

Owner mailing address

8 FLANDERS-DRAKESTOWN RD
FLANDERS, NJ 07836

Estimated market value

$490,193

range $453,219 – $527,167

high confidence

Assessment-implied: $370,690; Director's Ratio 0.6612 (2025)
Comp-implied: $495,285; 30 comparable sales

Estimated value, last 11 years

2016: $264,514 → 2026: $490,193

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
138 Bartley-Flanders Rd	4/8/2026	$440,000

Bordering

200-ft notice list →

10 Flanders-Drakestown Rd
Lot 3·$357,500
6 Flanders-Drakestown Rd
Lot 5·$258,300
300 Flanders-Netcong Rd
Lot 7·$241,800

Block 5001All of Block 5001 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1427_5001_4",
  "county_code": "14",
  "district_code": "27",
  "block": "5001",
  "lot": "4",
  "qualifier": "",
  "property_location": "8 FLANDERS-DRAKESTOWN RD",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1SF R",
  "land_desc": "103X200",
  "year_built": 1971,
  "living_sqft": 1361,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "12680000",
  "improvement_value_cents": "11830000",
  "net_value_cents": "24510000",
  "last_yr_tx_cents": "854174",
  "deed_date": "2021-12-30",
  "deed_book": "24370",
  "deed_page": "1546",
  "sale_price_cents": "40000000",
  "sales_code": null,
  "owner_mailing_street": "8 FLANDERS-DRAKESTOWN RD",
  "owner_mailing_city_state_zip": "FLANDERS, NJ  07836",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "0.473000",
  "add_lots1": null,
  "add_lots2": "B16     L25-1",
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.70413529090237,
  "centroid_lat": 40.85173462081832
}

SR1A

[
  {
    "id": "0a75eb19-c93b-4215-8e26-560779b19a64",
    "property_id": null,
    "county_code": "14",
    "district_code": "27",
    "block": "5001",
    "lot": "4",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-12-30",
    "date_recorded": "2022-03-18",
    "sale_price_cents": "40000000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "6d0042ff-5938-4b1c-872e-9408d2238262",
    "property_id": "9305858a-d676-4d43-bf1d-5be9919fd5e8",
    "county_code": "14",
    "district_code": "27",
    "block": "5001",
    "lot": "4",
    "qualifier": "",
    "deed_book": "24370",
    "deed_page": "1546",
    "deed_date": "2021-12-30",
    "date_recorded": "2022-03-18",
    "sale_price_cents": "40000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "4366465f-91e7-48b8-b543-58ed2cc69c1e",
    "property_id": "9305858a-d676-4d43-bf1d-5be9919fd5e8",
    "county_code": "14",
    "district_code": "27",
    "block": "5001",
    "lot": "4",
    "qualifier": "",
    "deed_book": "24370",
    "deed_page": "1546",
    "deed_date": "2021-12-30",
    "date_recorded": "2021-12-30",
    "sale_price_cents": "40000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2021 for $400,000.
What is the assessed value of 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ?: The total municipal assessment is $245,100 (land plus improvements).
What is 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ worth?: Our model estimates a market value of $490,193, derived from comparable recorded sales nearby.
How many units does 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ.
What kind of property is 8 Flanders-Drakestown Rd, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1971.

Sales history

3/18/2022$400,000
SR1A 2022
3/18/2022$400,000
taxrecords_njBk 24370 / Pg 1546
12/30/2021$400,000
MOD-IV (Rutgers)Bk 24370 / Pg 1546

Date	Price	Book / Page	Source
3/18/2022	$400,000	—	SR1A 2022
3/18/2022	$400,000	24370 / 1546	taxrecords_nj
12/30/2021	$400,000	24370 / 1546	MOD-IV (Rutgers)