When was 2 Schmitt Ln, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 1998 for $1.

What is the assessed value of 2 Schmitt Ln, Mount Olive Twp, NJ?

The total municipal assessment is $245,800 (land plus improvements).

What is 2 Schmitt Ln, Mount Olive Twp, NJ worth?

Our model estimates a market value of $451,688, derived from comparable recorded sales nearby.

How many units does 2 Schmitt Ln, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 2 Schmitt Ln, Mount Olive Twp, NJ.

What kind of property is 2 Schmitt Ln, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1958.

parceldata.nj

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2 Schmitt Ln, Mount Olive Twp, NJ — owner, sales, deeds · parceldata

2 Schmitt Ln

Mount Olive Twp, NJ 07836·Morris County

1427·block 5501·lot 10

$451,688estimated value

Last sale

7/22/1998 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1958

Building size

1,458 sq ft

Lot size

0.30 ac

Land description

110X125

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$245,800

Land value

$133,800

Improvement value

$112,000

Last year's tax

$8,566

Last MOD-IV sale

MOD-IV deed date

7/13/1998

Owner mailing address

2 SCHMITT LN
FLANDERS, NJ 07836

Estimated market value

$451,688

range $378,073 – $474,493

moderate confidence

Assessment-implied: $371,748; Director's Ratio 0.6612 (2025)
Comp-implied: $478,334; 30 comparable sales

Estimated value, last 11 years

2016: $243,772 → 2026: $451,688

Based on 30 comparable sales

Address	Sold	Price
57 Clover Hill Dr

Bordering

200-ft notice list →

6 Schmitt Ln
Lot 11·$212,700
39 Main Rd
Lot 8·$335,900
37 Main Rd
Lot 9·$403,400

Block 5501All of Block 5501 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1427_5501_10",
  "county_code": "14",
  "district_code": "27",
  "block": "5501",
  "lot": "10",
  "qualifier": "",
  "property_location": "2 SCHMITT LN",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1SF",
  "land_desc": "110X125",
  "year_built": 1958,
  "living_sqft": 1458,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "13380000",
  "improvement_value_cents": "11200000",
  "net_value_cents": "24580000",
  "last_yr_tx_cents": "856613",
  "deed_date": "1998-07-13",
  "deed_book": "4808",
  "deed_page": "1",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "2 SCHMITT LN",
  "owner_mailing_city_state_zip": "FLANDERS, NJ  07836",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "0.296900",
  "add_lots1": null,
  "add_lots2": "B25     L24",
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.69688075703684,
  "centroid_lat": 40.84453239271653
}

SR1A

[
  {
    "id": "d545e036-3123-4c3a-970d-45ea76d7a322",
    "property_id": "2b9ebb69-3827-4b65-9a5b-a6b40a5b8476",
    "county_code": "14",
    "district_code": "27",
    "block": "5501",
    "lot": "10",
    "qualifier": "",
    "deed_book": "4808",
    "deed_page": "1",
    "deed_date": "1998-07-13",
    "date_recorded": "1998-07-22",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d551787c-8089-4f3f-bf8a-160ed7e06fa4",
    "property_id": "2b9ebb69-3827-4b65-9a5b-a6b40a5b8476",
    "county_code": "14",
    "district_code": "27",
    "block": "5501",
    "lot": "10",
    "qualifier": "",
    "deed_book": "4808",
    "deed_page": "1",
    "deed_date": "1998-07-13",
    "date_recorded": "1998-07-13",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "05253166-5e66-418d-97ba-d82bf8cbb32f",
    "property_id": "2b9ebb69-3827-4b65-9a5b-a6b40a5b8476",
    "county_code": "14",
    "district_code": "27",
    "block": "5501",
    "lot": "10",
    "qualifier": "",
    "deed_book": "3639",
    "deed_page": "309",
    "deed_date": "1992-07-28",
    "date_recorded": "1992-07-28",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "c61b5b82-7149-4c91-9d8d-0edb37fd8c15",
    "property_id": "2b9ebb69-3827-4b65-9a5b-a6b40a5b8476",
    "county_code": "14",
    "district_code": "27",
    "block": "5501",
    "lot": "10",
    "qualifier": "",
    "deed_book": "3205",
    "deed_page": "127",
    "deed_date": "1989-10-04",
    "date_recorded": "1989-10-04",
    "sale_price_cents": "14200000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 2 Schmitt Ln, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 1998 for $1.
What is the assessed value of 2 Schmitt Ln, Mount Olive Twp, NJ?: The total municipal assessment is $245,800 (land plus improvements).
What is 2 Schmitt Ln, Mount Olive Twp, NJ worth?: Our model estimates a market value of $451,688, derived from comparable recorded sales nearby.
How many units does 2 Schmitt Ln, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 2 Schmitt Ln, Mount Olive Twp, NJ.
What kind of property is 2 Schmitt Ln, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1958.

Sales history

7/22/1998$1
taxrecords_njBk 4808 / Pg 1
7/13/1998$1
MOD-IV (Rutgers)Bk 4808 / Pg 1
7/28/1992$1
MOD-IV (Rutgers)Bk 3639 / Pg 309
10/4/1989$142,000
MOD-IV (Rutgers)Bk 3205 / Pg 127

Date	Price	Book / Page	Source
7/22/1998	$1	4808 / 1	taxrecords_nj
7/13/1998	$1	4808 / 1	MOD-IV (Rutgers)
7/28/1992	$1	3639 / 309	MOD-IV (Rutgers)
10/4/1989	$142,000	3205 / 127	MOD-IV (Rutgers)