When was 18 Drake Way, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2021 for $922,011.

What is the assessed value of 18 Drake Way, Mount Olive Twp, NJ?

The total municipal assessment is $596,200 (land plus improvements).

What is 18 Drake Way, Mount Olive Twp, NJ worth?

Our model estimates a market value of $1,090,790, derived from comparable recorded sales nearby.

What kind of property is 18 Drake Way, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2021.

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18 Drake Way, Mount Olive Twp, NJ — owner, sales, deeds · parceldata

18 Drake Way

Mount Olive Twp, NJ 07836·Morris County

1427·block 6000·lot 5.010

$1,090,790estimated value

Last sale

$922,011

12/15/2021 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2021

Building size

3,250 sq ft

Lot size

0.00 ac

Land description

—

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$596,200

Land value

$210,000

Improvement value

$386,200

Last year's tax

$20,181

Last MOD-IV sale

$922,011

MOD-IV deed date

10/6/2021

Owner mailing address

18 DRAKE WAY
FLANDERS, NJ 07836

Estimated market value

$1,090,790

range $994,375 – $1,203,240

high confidence

Assessment-implied: $901,694; Director's Ratio 0.6612 (2025)
Comp-implied: $785,401; 30 comparable sales

Estimated value, last 11 years

2016: $588,603 → 2026: $1,090,790

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
48 Silas Road	4/27/2026	$555,000
17 Amos Way	4/22/2026	$649,990

Bordering

200-ft notice list →

1 Marveland Blvd
Lot 5.002·$100
16 Drake Way
Lot 5.009·$532,900
20 Drake Way
Lot 5.011·$601,100
70 Drake Way
Lot 5.301·$6,900

Block 6000All of Block 6000 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "18 DRAKE WAY FLANDERS NJ 07836"
    ],
    "zipKeys": [
      "18 DRAKE WAY 07836"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1427_6000_5.010",
  "county_code": "14",
  "district_code": "27",
  "block": "6000",
  "lot": "5.010",
  "qualifier": "",
  "property_location": "18 DRAKE WAY",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": null,
  "land_desc": null,
  "year_built": 2021,
  "living_sqft": 3250,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "21000000",
  "improvement_value_cents": "38620000",
  "net_value_cents": "59620000",
  "last_yr_tx_cents": "2018137",
  "deed_date": "2021-10-06",
  "deed_book": "24294",
  "deed_page": "146",
  "sale_price_cents": "92201100",
  "sales_code": null,
  "owner_mailing_street": "18 DRAKE WAY",
  "owner_mailing_city_state_zip": "FLANDERS, NJ  07836",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "0.000000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.6959433505064,
  "centroid_lat": 40.83047990857667
}

SR1A

[
  {
    "id": "4c840474-f7a2-4b43-b011-38d73f58881c",
    "property_id": "f6806fe7-2192-4dda-859f-de13d80b4b51",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.010",
    "qualifier": "",
    "deed_book": "24294",
    "deed_page": "146",
    "deed_date": "2021-10-06",
    "date_recorded": "2021-12-15",
    "sale_price_cents": "92201100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "73849b43-a250-4f50-b500-b865e19f5811",
    "property_id": "f6806fe7-2192-4dda-859f-de13d80b4b51",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.010",
    "qualifier": "",
    "deed_book": "24294",
    "deed_page": "146",
    "deed_date": "2021-10-06",
    "date_recorded": "2021-10-06",
    "sale_price_cents": "92201100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 18 Drake Way, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2021 for $922,011.
What is the assessed value of 18 Drake Way, Mount Olive Twp, NJ?: The total municipal assessment is $596,200 (land plus improvements).
What is 18 Drake Way, Mount Olive Twp, NJ worth?: Our model estimates a market value of $1,090,790, derived from comparable recorded sales nearby.
What kind of property is 18 Drake Way, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2021.

Sales history

12/15/2021$922,011
taxrecords_njBk 24294 / Pg 146
10/6/2021$922,011
MOD-IV (Rutgers)Bk 24294 / Pg 146

Date	Price	Book / Page	Source
12/15/2021	$922,011	24294 / 146	taxrecords_nj
10/6/2021	$922,011	24294 / 146	MOD-IV (Rutgers)