When was 227 Route 206, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2015 for $1,850,000.

What is the assessed value of 227 Route 206, Mount Olive Twp, NJ?

The total municipal assessment is $1,600,000 (land plus improvements).

What is 227 Route 206, Mount Olive Twp, NJ worth?

Our model estimates a market value of $2,419,843, derived from comparable recorded sales nearby.

What kind of property is 227 Route 206, Mount Olive Twp, NJ?

MOD-IV classifies it as Commercial (class 4A).

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227 Route 206, Mount Olive Twp, NJ — owner, sales, deeds · parceldata

227 Route 206

Mount Olive Twp, NJ·Morris County

1427·block 5401·lot 22

$2,419,843estimated value

Last sale

$1,850,000

7/30/2015 · MOD-IV (Rutgers)

7 other properties share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

19,198 sq ft

Lot size

4.07 ac

Land description

3.0 AC

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$1,600,000

Land value

$651,200

Improvement value

$948,800

Last year's tax

$54,160

Last MOD-IV sale

$1,850,000

MOD-IV deed date

7/30/2015

Owner mailing address

227 ROUTE 206, SUITE 10
FLANDERS, N.J. 07836

Estimated market value

$2,419,843

range $2,056,866 – $2,782,819

moderate confidence

Assessment-implied: $2,419,843; Director's Ratio 0.6612 (2025)
Comparable sales: 3 (below threshold)

Estimated value, last 11 years

2016: $1,305,776 → 2026: $2,419,843

Based on 3 comparable sales

Address	Sold	Price
20 International Dr.south	11/26/2025	$27,900,000
50 International Dr So	11/26/2025	$27,900,000

Bordering

200-ft notice list →

239 Route 206
Lot 14·$2,276,000
227 Route 206
Lot 21·$1,600,000
223 Route 206
Lot 23·$458,800
3 Laurel Dr
Lot 26·$1,100,000

Block 5401All of Block 5401 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 7,
  "portfolioKeys": {
    "fullKeys": [
      "227 ROUTE 206 SUITE 10 FLANDERS N J 07836"
    ],
    "zipKeys": [
      "227 ROUTE 206 SUITE 10 07836"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1427_5401_22",
  "county_code": "14",
  "district_code": "27",
  "block": "5401",
  "lot": "22",
  "qualifier": "",
  "property_location": "227 ROUTE 206",
  "property_class": "4A",
  "bldg_class": null,
  "bldg_desc": null,
  "land_desc": "3.0 AC",
  "year_built": null,
  "living_sqft": 19198,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "65120000",
  "improvement_value_cents": "94880000",
  "net_value_cents": "160000000",
  "last_yr_tx_cents": "5416000",
  "deed_date": "2015-07-30",
  "deed_book": "22772",
  "deed_page": "1189",
  "sale_price_cents": "185000000",
  "sales_code": null,
  "owner_mailing_street": "227 ROUTE 206, SUITE 10",
  "owner_mailing_city_state_zip": "FLANDERS, N.J.  07836",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "4.070000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.70428899913838,
  "centroid_lat": 40.842380299635735
}

SR1A

[
  {
    "id": "3d4e88d8-3158-4a87-8629-da85f41683b8",
    "property_id": "e6e0a64f-ed64-4eed-a8e7-7b3049ee1b4b",
    "county_code": "14",
    "district_code": "27",
    "block": "5401",
    "lot": "22",
    "qualifier": "",
    "deed_book": "22772",
    "deed_page": "1189",
    "deed_date": "2015-07-30",
    "date_recorded": "2015-07-30",
    "sale_price_cents": "185000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d1344084-aa7d-4d38-bacf-7e569973f10d",
    "property_id": "e6e0a64f-ed64-4eed-a8e7-7b3049ee1b4b",
    "county_code": "14",
    "district_code": "27",
    "block": "5401",
    "lot": "22",
    "qualifier": "",
    "deed_book": "3752",
    "deed_page": "139",
    "deed_date": "1993-02-03",
    "date_recorded": "1993-02-03",
    "sale_price_cents": "155000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 227 Route 206, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2015 for $1,850,000.
What is the assessed value of 227 Route 206, Mount Olive Twp, NJ?: The total municipal assessment is $1,600,000 (land plus improvements).
What is 227 Route 206, Mount Olive Twp, NJ worth?: Our model estimates a market value of $2,419,843, derived from comparable recorded sales nearby.
What kind of property is 227 Route 206, Mount Olive Twp, NJ?: MOD-IV classifies it as Commercial (class 4A).

Sales history

7/30/2015$1,850,000
MOD-IV (Rutgers)Bk 22772 / Pg 1189
2/3/1993$1,550,000
MOD-IV (Rutgers)Bk 3752 / Pg 139

Date	Price	Book / Page	Source
7/30/2015	$1,850,000	22772 / 1189	MOD-IV (Rutgers)
2/3/1993	$1,550,000	3752 / 139	MOD-IV (Rutgers)