When was 34 Drake Way, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2021 for $1.

What is the assessed value of 34 Drake Way, Mount Olive Twp, NJ?

The total municipal assessment is $508,800 (land plus improvements).

What is 34 Drake Way, Mount Olive Twp, NJ worth?

Our model estimates a market value of $1,036,830, derived from comparable recorded sales nearby.

What kind of property is 34 Drake Way, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2019.

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

34 Drake Way

Mount Olive Twp, NJ 07836·Morris County

1427·block 6000·lot 5.018

$1,036,830estimated value

Last sale

3/8/2021 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2019

Building size

2,896 sq ft

Lot size

0.00 ac

Land description

—

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$508,800

Land value

$210,000

Improvement value

$298,800

Last year's tax

$17,223

Last MOD-IV sale

MOD-IV deed date

2/24/2021

Owner mailing address

34 DRAKE WAY
FLANDERS, NJ 07836

Estimated market value

$1,036,830

range $980,799 – $1,092,861

moderate confidence

Assessment-implied: $769,510; Director's Ratio 0.6612 (2025)
Comp-implied: $1,165,819; 30 comparable sales

Estimated value, last 11 years

2016: $559,568 → 2026: $1,036,830

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price
48 Silas Road

Bordering

200-ft notice list →

1 Marveland Blvd
Lot 5.002·$100
32 Drake Way
Lot 5.017·$520,700
36 Drake Way
Lot 5.019·$520,100
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": [
      "34 DRAKE WAY FLANDERS NJ 07836"
    ],
    "zipKeys": [
      "34 DRAKE WAY 07836"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1427_6000_5.018",
  "county_code": "14",
  "district_code": "27",
  "block": "6000",
  "lot": "5.018",
  "qualifier": "",
  "property_location": "34 DRAKE WAY",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": null,
  "land_desc": null,
  "year_built": 2019,
  "living_sqft": 2896,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "21000000",
  "improvement_value_cents": "29880000",
  "net_value_cents": "50880000",
  "last_yr_tx_cents": "1722288",
  "deed_date": "2021-02-24",
  "deed_book": "24051",
  "deed_page": "1956",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "34 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": -74.69534645155282,
  "centroid_lat": 40.82929757969497
}

SR1A

[
  {
    "id": "311d9add-1540-404b-97a3-6666ee11ae05",
    "property_id": "860229a7-0452-4517-94c8-76932eb1f2a4",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.018",
    "qualifier": "",
    "deed_book": "24051",
    "deed_page": "1956",
    "deed_date": "2021-02-24",
    "date_recorded": "2021-03-08",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "4c029e5a-375f-4055-9946-60e2818ee462",
    "property_id": "860229a7-0452-4517-94c8-76932eb1f2a4",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.018",
    "qualifier": "",
    "deed_book": "24051",
    "deed_page": "1956",
    "deed_date": "2021-02-24",
    "date_recorded": "2021-02-24",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "59a52967-aed2-42a8-a029-bf707deb32aa",
    "property_id": "860229a7-0452-4517-94c8-76932eb1f2a4",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.018",
    "qualifier": "",
    "deed_book": "23726",
    "deed_page": "1859",
    "deed_date": "2019-12-09",
    "date_recorded": "2020-03-05",
    "sale_price_cents": "59971100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "81d05877-4984-4e34-ad53-85814579bb1f",
    "property_id": "860229a7-0452-4517-94c8-76932eb1f2a4",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.018",
    "qualifier": "",
    "deed_book": "23726",
    "deed_page": "1859",
    "deed_date": "2019-12-09",
    "date_recorded": "2019-12-09",
    "sale_price_cents": "59971100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 34 Drake Way, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2021 for $1.
What is the assessed value of 34 Drake Way, Mount Olive Twp, NJ?: The total municipal assessment is $508,800 (land plus improvements).
What is 34 Drake Way, Mount Olive Twp, NJ worth?: Our model estimates a market value of $1,036,830, derived from comparable recorded sales nearby.
What kind of property is 34 Drake Way, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2019.

Sales history

3/8/2021$1
taxrecords_njBk 24051 / Pg 1956
2/24/2021$1
MOD-IV (Rutgers)Bk 24051 / Pg 1956
3/5/2020$599,711
taxrecords_njBk 23726 / Pg 1859
12/9/2019$599,711
MOD-IV (Rutgers)Bk 23726 / Pg 1859

Date	Price	Book / Page	Source
3/8/2021	$1	24051 / 1956	taxrecords_nj
2/24/2021	$1	24051 / 1956	MOD-IV (Rutgers)
3/5/2020	$599,711	23726 / 1859	taxrecords_nj
12/9/2019	$599,711	23726 / 1859	MOD-IV (Rutgers)