When was 35 Drake Way, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2020 for $655,402.

What is the assessed value of 35 Drake Way, Mount Olive Twp, NJ?

The total municipal assessment is $445,600 (land plus improvements).

What is 35 Drake Way, Mount Olive Twp, NJ worth?

Our model estimates a market value of $872,726, derived from comparable recorded sales nearby.

What kind of property is 35 Drake Way, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2020.

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

35 Drake Way

Mount Olive Twp, NJ 07836·Morris County

1427·block 6000·lot 5.205

$872,726estimated value

Last sale

$655,402

12/7/2020 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2020

Building size

1,854 sq ft

Lot size

0.00 ac

Land description

—

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$445,600

Land value

$210,000

Improvement value

$235,600

Last year's tax

$15,084

Last MOD-IV sale

$655,402

MOD-IV deed date

11/5/2020

Owner mailing address

35 DRAKE WAY
FLANDERS, NJ 07836

Estimated market value

$872,726

range $786,850 – $941,563

moderate confidence

Assessment-implied: $673,926; Director's Ratio 0.6612 (2025)
Comp-implied: $784,594; 30 comparable sales

Estimated value, last 11 years

2016: $470,933 → 2026: $872,726

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
33 Drake Way
Lot 5.204·$459,300
37 Drake Way
Lot 5.206·$433,500
73 Drake Way
Lot 5.224·$423,500
75 Drake Way
Lot 5.225·$415,000
77 Drake Way
Lot 5.226·$423,300

Block 6000All of Block 6000 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1427_6000_5.205",
  "county_code": "14",
  "district_code": "27",
  "block": "6000",
  "lot": "5.205",
  "qualifier": "",
  "property_location": "35 DRAKE WAY",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": null,
  "land_desc": null,
  "year_built": 2020,
  "living_sqft": 1854,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "21000000",
  "improvement_value_cents": "23560000",
  "net_value_cents": "44560000",
  "last_yr_tx_cents": "1508356",
  "deed_date": "2020-11-05",
  "deed_book": "23959",
  "deed_page": "1173",
  "sale_price_cents": "65540200",
  "sales_code": null,
  "owner_mailing_street": "35 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": -74.69638268022655,
  "centroid_lat": 40.82819342768663
}

SR1A

[
  {
    "id": "0875cb85-5b04-42d3-ae96-e3e46ed06c50",
    "property_id": "a6a984d3-a3b9-4cd3-899b-53cf6b0050f0",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.205",
    "qualifier": "",
    "deed_book": "23959",
    "deed_page": "1173",
    "deed_date": "2020-11-05",
    "date_recorded": "2020-12-07",
    "sale_price_cents": "65540200",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6146c6af-d58b-498c-875a-43c57938ada8",
    "property_id": "a6a984d3-a3b9-4cd3-899b-53cf6b0050f0",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.205",
    "qualifier": "",
    "deed_book": "23959",
    "deed_page": "1173",
    "deed_date": "2020-11-05",
    "date_recorded": "2020-11-05",
    "sale_price_cents": "65540200",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 35 Drake Way, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2020 for $655,402.
What is the assessed value of 35 Drake Way, Mount Olive Twp, NJ?: The total municipal assessment is $445,600 (land plus improvements).
What is 35 Drake Way, Mount Olive Twp, NJ worth?: Our model estimates a market value of $872,726, derived from comparable recorded sales nearby.
What kind of property is 35 Drake Way, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2020.

Sales history

12/7/2020$655,402
taxrecords_njBk 23959 / Pg 1173
11/5/2020$655,402
MOD-IV (Rutgers)Bk 23959 / Pg 1173

Date	Price	Book / Page	Source
12/7/2020	$655,402	23959 / 1173	taxrecords_nj
11/5/2020	$655,402	23959 / 1173	MOD-IV (Rutgers)