When was 505 Drakestown Rd, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2016 for $287,000.

What is the assessed value of 505 Drakestown Rd, Mount Olive Twp, NJ?

The total municipal assessment is $311,600 (land plus improvements).

What is 505 Drakestown Rd, Mount Olive Twp, NJ worth?

Our model estimates a market value of $520,808, derived from comparable recorded sales nearby.

How many units does 505 Drakestown Rd, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 505 Drakestown Rd, Mount Olive Twp, NJ.

What kind of property is 505 Drakestown Rd, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1968.

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505 Drakestown Rd, Mount Olive Twp, NJ — owner, sales, deeds · parceldata

505 Drakestown Rd

Mount Olive Twp, NJ 07836·Morris County

1427·block 6900·lot 1

$520,808estimated value

Last sale

$287,000

3/11/2016 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1968

Building size

1,770 sq ft

Lot size

3.16 ac

Land description

3.16 AC

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$311,600

Land value

$160,800

Improvement value

$150,800

Last year's tax

$10,859

Last MOD-IV sale

$287,000

MOD-IV deed date

2/23/2016

Owner mailing address

505 DRAKESTOWN RD
FLANDERS, NJ 07836

Estimated market value

$520,808

range $497,244 – $544,371

moderate confidence

Assessment-implied: $471,264; Director's Ratio 0.6612 (2025)
Comp-implied: $545,579; 6 comparable sales

Estimated value, last 11 years

2016: $281,034 → 2026: $520,808

dots are actual sale prices for this property

Based on 6 comparable sales

Bordering

200-ft notice list →

507 Drakestown Rd
Lot 2·$274,800

Block 6900All of Block 6900 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1427_6900_1",
  "county_code": "14",
  "district_code": "27",
  "block": "6900",
  "lot": "1",
  "qualifier": "",
  "property_location": "505 DRAKESTOWN RD",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1SF",
  "land_desc": "3.16 AC",
  "year_built": 1968,
  "living_sqft": 1770,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "16080000",
  "improvement_value_cents": "15080000",
  "net_value_cents": "31160000",
  "last_yr_tx_cents": "1085926",
  "deed_date": "2016-02-23",
  "deed_book": "22872",
  "deed_page": "1179",
  "sale_price_cents": "28700000",
  "sales_code": null,
  "owner_mailing_street": "505 DRAKESTOWN RD",
  "owner_mailing_city_state_zip": "FLANDERS, NJ  07836",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "3.160000",
  "add_lots1": null,
  "add_lots2": "62 BART-DRAKES RD",
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.73581409199974,
  "centroid_lat": 40.825210191293294
}

SR1A

[
  {
    "id": "1068fedc-fcbc-4661-bfa6-d2a17fe35ea8",
    "property_id": "e7875fef-8a21-4166-a078-5317c198fcf0",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "1",
    "qualifier": "",
    "deed_book": "22872",
    "deed_page": "1179",
    "deed_date": "2016-02-23",
    "date_recorded": "2016-03-11",
    "sale_price_cents": "28700000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "ee7f8241-2604-4db6-b5ef-baccd99b1dec",
    "property_id": "e7875fef-8a21-4166-a078-5317c198fcf0",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "1",
    "qualifier": "",
    "deed_book": "22872",
    "deed_page": "1179",
    "deed_date": "2016-02-23",
    "date_recorded": "2016-02-23",
    "sale_price_cents": "28700000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "99cdf8fd-09d7-49af-8301-3a800edf625b",
    "property_id": "e7875fef-8a21-4166-a078-5317c198fcf0",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "1",
    "qualifier": "",
    "deed_book": "20945",
    "deed_page": "1806",
    "deed_date": "2007-10-15",
    "date_recorded": "2007-10-24",
    "sale_price_cents": "44100000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "cc3019d0-7748-487d-bf2d-ea2aa1dc098e",
    "property_id": "e7875fef-8a21-4166-a078-5317c198fcf0",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "1",
    "qualifier": "",
    "deed_book": "20945",
    "deed_page": "1806",
    "deed_date": "2007-10-15",
    "date_recorded": "2007-10-15",
    "sale_price_cents": "44100000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b2dc82d6-7c47-4b47-8827-1e18fe663591",
    "property_id": "e7875fef-8a21-4166-a078-5317c198fcf0",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "1",
    "qualifier": "",
    "deed_book": "3724",
    "deed_page": "282",
    "deed_date": "1993-01-26",
    "date_recorded": "1993-01-26",
    "sale_price_cents": "17000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "da902563-adc7-49d5-b56d-7a24a0f2b75a",
    "property_id": "e7875fef-8a21-4166-a078-5317c198fcf0",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "1",
    "qualifier": "",
    "deed_book": "3314",
    "deed_page": "113",
    "deed_date": "1990-06-22",
    "date_recorded": "1990-06-22",
    "sale_price_cents": "16100000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 505 Drakestown Rd, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2016 for $287,000.
What is the assessed value of 505 Drakestown Rd, Mount Olive Twp, NJ?: The total municipal assessment is $311,600 (land plus improvements).
What is 505 Drakestown Rd, Mount Olive Twp, NJ worth?: Our model estimates a market value of $520,808, derived from comparable recorded sales nearby.
How many units does 505 Drakestown Rd, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 505 Drakestown Rd, Mount Olive Twp, NJ.
What kind of property is 505 Drakestown Rd, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1968.

Address	Sold	Price
68 Stephens Park Rd	2/9/2026	$685,000
532 Drakestown Rd	1/21/2026	$479,000
79 Lozier Rd	8/22/2025	$577,500
125 Flanders-Drakestown R	7/23/2025	$650,000
145 Stephens Park Rd	3/27/2025	$435,000
151 Mt Olive Rd	6/12/2024	$690,000

Sales history

3/11/2016$287,000
taxrecords_njBk 22872 / Pg 1179
2/23/2016$287,000
MOD-IV (Rutgers)Bk 22872 / Pg 1179
10/24/2007$441,000
taxrecords_njBk 20945 / Pg 1806
10/15/2007$441,000
MOD-IV (Rutgers)Bk 20945 / Pg 1806
1/26/1993$170,000
MOD-IV (Rutgers)Bk 3724 / Pg 282
6/22/1990$161,000
MOD-IV (Rutgers)Bk 3314 / Pg 113

Date	Price	Book / Page	Source
3/11/2016	$287,000	22872 / 1179	taxrecords_nj
2/23/2016	$287,000	22872 / 1179	MOD-IV (Rutgers)
10/24/2007	$441,000	20945 / 1806	taxrecords_nj
10/15/2007	$441,000	20945 / 1806	MOD-IV (Rutgers)
1/26/1993	$170,000	3724 / 282	MOD-IV (Rutgers)
6/22/1990	$161,000	3314 / 113	MOD-IV (Rutgers)