When was 45 Drake Way, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2021 for $775,371.

What is the assessed value of 45 Drake Way, Mount Olive Twp, NJ?

The total municipal assessment is $571,800 (land plus improvements).

What is 45 Drake Way, Mount Olive Twp, NJ worth?

Our model estimates a market value of $1,131,290, derived from comparable recorded sales nearby.

What kind of property is 45 Drake Way, Mount Olive Twp, NJ?

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

parceldata.nj

Loading…

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

45 Drake Way

Mount Olive Twp, NJ 07836·Morris County

1427·block 6000·lot 5.210

$1,131,290estimated value

Last sale

$775,371

4/28/2021 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2021

Building size

3,050 sq ft

Lot size

0.00 ac

Land description

—

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$571,800

Land value

$210,000

Improvement value

$361,800

Last year's tax

$19,355

Last MOD-IV sale

$775,371

MOD-IV deed date

4/8/2021

Owner mailing address

45 DRAKE WAY
FLANDERS, NJ 07836

Estimated market value

$1,131,290

range $1,050,884 – $1,211,697

high confidence

Assessment-implied: $864,791; Director's Ratio 0.6612 (2025)
Comp-implied: $1,227,813; 30 comparable sales

Estimated value, last 11 years

2016: $610,547 → 2026: $1,131,290

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
43 Drake Way
Lot 5.209·$431,800
47 Drake Way
Lot 5.211·$417,200
63 Drake Way
Lot 5.219·$447,500
65 Drake Way
Lot 5.220·$407,300
67 Drake Way
Lot 5.221·$427,800

Block 6000All of Block 6000 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1427_6000_5.210",
  "county_code": "14",
  "district_code": "27",
  "block": "6000",
  "lot": "5.210",
  "qualifier": "",
  "property_location": "45 DRAKE WAY",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": null,
  "land_desc": null,
  "year_built": 2021,
  "living_sqft": 3050,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "21000000",
  "improvement_value_cents": "36180000",
  "net_value_cents": "57180000",
  "last_yr_tx_cents": "1935543",
  "deed_date": "2021-04-08",
  "deed_book": "24114",
  "deed_page": "1873",
  "sale_price_cents": "77537100",
  "sales_code": null,
  "owner_mailing_street": "45 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": -74.69693050540454,
  "centroid_lat": 40.827547231011124
}

SR1A

[
  {
    "id": "b40e1587-2f91-40ec-af51-c511abca7a2a",
    "property_id": "73e4f9da-de62-4cfa-b123-9d2530ba11fe",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.210",
    "qualifier": "",
    "deed_book": "24114",
    "deed_page": "1873",
    "deed_date": "2021-04-08",
    "date_recorded": "2021-04-28",
    "sale_price_cents": "77537100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "672a3a0a-98f8-4bfd-bbc0-864113055da8",
    "property_id": "73e4f9da-de62-4cfa-b123-9d2530ba11fe",
    "county_code": "14",
    "district_code": "27",
    "block": "6000",
    "lot": "5.210",
    "qualifier": "",
    "deed_book": "24114",
    "deed_page": "1873",
    "deed_date": "2021-04-08",
    "date_recorded": "2021-04-08",
    "sale_price_cents": "77537100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 45 Drake Way, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2021 for $775,371.
What is the assessed value of 45 Drake Way, Mount Olive Twp, NJ?: The total municipal assessment is $571,800 (land plus improvements).
What is 45 Drake Way, Mount Olive Twp, NJ worth?: Our model estimates a market value of $1,131,290, derived from comparable recorded sales nearby.
What kind of property is 45 Drake Way, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2021.

Sales history

4/28/2021$775,371
taxrecords_njBk 24114 / Pg 1873
4/8/2021$775,371
MOD-IV (Rutgers)Bk 24114 / Pg 1873

Date	Price	Book / Page	Source
4/28/2021	$775,371	24114 / 1873	taxrecords_nj
4/8/2021	$775,371	24114 / 1873	MOD-IV (Rutgers)