When was 2 Watson Way, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 1999 for $270,000.

What is the assessed value of 2 Watson Way, Mount Olive Twp, NJ?

The total municipal assessment is $390,300 (land plus improvements).

What is 2 Watson Way, Mount Olive Twp, NJ worth?

Our model estimates a market value of $720,615, derived from comparable recorded sales nearby.

How many units does 2 Watson Way, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 2 Watson Way, Mount Olive Twp, NJ.

What kind of property is 2 Watson Way, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1996.

parceldata.nj

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2 Watson Way, Mount Olive Twp, NJ — owner, sales, deeds · parceldata

2 Watson Way

Mount Olive Twp, NJ 07836·Morris County

1427·block 5420·lot 7

$720,615estimated value

Last sale

$270,000

7/7/1999 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1996

Building size

2,417 sq ft

Lot size

0.30 ac

Land description

104X123

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$390,300

Land value

$158,800

Improvement value

$231,500

Last year's tax

$13,602

Last MOD-IV sale

$270,000

MOD-IV deed date

7/7/1999

Owner mailing address

2 WATSON WAY
FLANDERS, NJ 07836

Estimated market value

$720,615

range $693,421 – $776,892

moderate confidence

Assessment-implied: $590,290; Director's Ratio 0.6612 (2025)
Comp-implied: $764,056; 30 comparable sales

Estimated value, last 11 years

2016: $388,909 → 2026: $720,615

Based on 30 comparable sales

Address	Sold	Price
16 Tall Oaks Ln

On Watson Way

All 13 on Watson Way →

3 Watson Way
Lot 5·$428,500
4 Watson Way
Lot 8·$389,800
5 Watson Way
Lot 4·$399,000
6 Watson Way
Lot 9·$381,000
7 Watson Way
Lot 3·$416,300
8 Watson Way
Lot 10·$411,400

Bordering

200-ft notice list →

16 Crenshaw Dr
Lot 6·$404,400
4 Watson Way
Lot 8·$389,800

Block 5420All of Block 5420 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1427_5420_7",
  "county_code": "14",
  "district_code": "27",
  "block": "5420",
  "lot": "7",
  "qualifier": "",
  "property_location": "2 WATSON WAY",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": null,
  "land_desc": "104X123",
  "year_built": 1996,
  "living_sqft": 2417,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "15880000",
  "improvement_value_cents": "23150000",
  "net_value_cents": "39030000",
  "last_yr_tx_cents": "1360196",
  "deed_date": "1999-07-07",
  "deed_book": "5006",
  "deed_page": "292",
  "sale_price_cents": "27000000",
  "sales_code": null,
  "owner_mailing_street": "2 WATSON WAY",
  "owner_mailing_city_state_zip": "FLANDERS, NJ  07836",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "0.304200",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.7014422007806,
  "centroid_lat": 40.83599467365437
}

SR1A

[
  {
    "id": "267e7d1b-0e77-4cba-9f69-917a1f652a3f",
    "property_id": "e797cd50-15ec-42d2-b3db-49e47139ca6a",
    "county_code": "14",
    "district_code": "27",
    "block": "5420",
    "lot": "7",
    "qualifier": "",
    "deed_book": "5006",
    "deed_page": "292",
    "deed_date": "1999-07-07",
    "date_recorded": "1999-07-07",
    "sale_price_cents": "27000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "5d1bc566-3edd-4e5c-b2b8-85fc099a2709",
    "property_id": "e797cd50-15ec-42d2-b3db-49e47139ca6a",
    "county_code": "14",
    "district_code": "27",
    "block": "5420",
    "lot": "7",
    "qualifier": "",
    "deed_book": "4048",
    "deed_page": "316",
    "deed_date": "1994-09-01",
    "date_recorded": "1994-09-14",
    "sale_price_cents": "21999000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "e3c3be4d-6b49-421d-bf38-fc18bc0e459e",
    "property_id": "e797cd50-15ec-42d2-b3db-49e47139ca6a",
    "county_code": "14",
    "district_code": "27",
    "block": "5420",
    "lot": "7",
    "qualifier": "",
    "deed_book": "4048",
    "deed_page": "316",
    "deed_date": "1994-09-01",
    "date_recorded": "1994-09-01",
    "sale_price_cents": "21999000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "00f14e26-1302-4e00-a8c3-57268b50639f",
    "property_id": "e797cd50-15ec-42d2-b3db-49e47139ca6a",
    "county_code": "14",
    "district_code": "27",
    "block": "5420",
    "lot": "7",
    "qualifier": "",
    "deed_book": "3781",
    "deed_page": "19",
    "deed_date": "1993-06-03",
    "date_recorded": "1993-06-03",
    "sale_price_cents": "627691800",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 2 Watson Way, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 1999 for $270,000.
What is the assessed value of 2 Watson Way, Mount Olive Twp, NJ?: The total municipal assessment is $390,300 (land plus improvements).
What is 2 Watson Way, Mount Olive Twp, NJ worth?: Our model estimates a market value of $720,615, derived from comparable recorded sales nearby.
How many units does 2 Watson Way, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 2 Watson Way, Mount Olive Twp, NJ.
What kind of property is 2 Watson Way, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1996.

Sales history

7/7/1999$270,000
taxrecords_njBk 5006 / Pg 292
9/14/1994$219,990
taxrecords_njBk 4048 / Pg 316
9/1/1994$219,990
MOD-IV (Rutgers)Bk 4048 / Pg 316
6/3/1993$6,276,918
MOD-IV (Rutgers)Bk 3781 / Pg 19

Date	Price	Book / Page	Source
7/7/1999	$270,000	5006 / 292	taxrecords_nj
9/14/1994	$219,990	4048 / 316	taxrecords_nj
9/1/1994	$219,990	4048 / 316	MOD-IV (Rutgers)
6/3/1993	$6,276,918	3781 / 19	MOD-IV (Rutgers)