When was 511 Drakestown Rd, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2009 for $1.

What is the assessed value of 511 Drakestown Rd, Mount Olive Twp, NJ?

The total municipal assessment is $323,700 (land plus improvements).

What is 511 Drakestown Rd, Mount Olive Twp, NJ worth?

Our model estimates a market value of $565,868, derived from comparable recorded sales nearby.

How many units does 511 Drakestown Rd, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 511 Drakestown Rd, Mount Olive Twp, NJ.

What kind of property is 511 Drakestown Rd, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

parceldata.nj

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

511 Drakestown Rd

Mount Olive Twp, NJ 07836·Morris County

1427·block 6900·lot 4

$565,868estimated value

Last sale

4/27/2009 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1981

Building size

2,054 sq ft

Lot size

1.97 ac

Land description

1.97 AC

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$323,700

Land value

$150,100

Improvement value

$173,600

Last year's tax

$11,281

Last MOD-IV sale

MOD-IV deed date

4/20/2009

Owner mailing address

511 DRAKESTOWN RD
FLANDERS, NJ 07836

Estimated market value

$565,868

range $536,418 – $680,129

moderate confidence

Assessment-implied: $489,564; Director's Ratio 0.6612 (2025)
Comp-implied: $591,303; 30 comparable sales

Estimated value, last 11 years

2016: $305,349 → 2026: $565,868

Based on 30 comparable sales

Address	Sold	Price
3 Adam CT	3/17/2026	$860,000

Bordering

200-ft notice list →

509 Drakestown Rd
Lot 3·$341,000
Drakestown Rd
Lot 4
Drakestown Rd
Lot 4/QFARM·$1,200
513 Drakestown Rd
Lot 5·$355,100

Block 6900All of Block 6900 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1427_6900_4",
  "county_code": "14",
  "district_code": "27",
  "block": "6900",
  "lot": "4",
  "qualifier": "",
  "property_location": "511 DRAKESTOWN RD",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2SF",
  "land_desc": "1.97 AC",
  "year_built": 1981,
  "living_sqft": 2054,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "15010000",
  "improvement_value_cents": "17360000",
  "net_value_cents": "32370000",
  "last_yr_tx_cents": "1128095",
  "deed_date": "2009-04-20",
  "deed_book": "21277",
  "deed_page": "499",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "511 DRAKESTOWN RD",
  "owner_mailing_city_state_zip": "FLANDERS, NJ  07836",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "1.970000",
  "add_lots1": null,
  "add_lots2": "54 DRAKESTOWN RD",
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.73387110650766,
  "centroid_lat": 40.82447198857422
}

SR1A

[
  {
    "id": "702eb5cd-a8bc-4b41-b82a-dc457c927c4c",
    "property_id": "4f7a21b3-b7d8-4ef2-8d2e-58a6aa18e9ed",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "4",
    "qualifier": "",
    "deed_book": "21277",
    "deed_page": "499",
    "deed_date": "2009-04-20",
    "date_recorded": "2009-04-27",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "0fcea3e7-bb9f-4466-b91f-452d7ef906e8",
    "property_id": "4f7a21b3-b7d8-4ef2-8d2e-58a6aa18e9ed",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "4",
    "qualifier": "",
    "deed_book": "21277",
    "deed_page": "499",
    "deed_date": "2009-04-20",
    "date_recorded": "2009-04-20",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "7a817a7b-236b-43e1-9e69-99aaee352491",
    "property_id": "4f7a21b3-b7d8-4ef2-8d2e-58a6aa18e9ed",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "4",
    "qualifier": "",
    "deed_book": "2992",
    "deed_page": "41",
    "deed_date": "1987-12-03",
    "date_recorded": "1987-12-03",
    "sale_price_cents": "24800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 511 Drakestown Rd, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2009 for $1.
What is the assessed value of 511 Drakestown Rd, Mount Olive Twp, NJ?: The total municipal assessment is $323,700 (land plus improvements).
What is 511 Drakestown Rd, Mount Olive Twp, NJ worth?: Our model estimates a market value of $565,868, derived from comparable recorded sales nearby.
How many units does 511 Drakestown Rd, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 511 Drakestown Rd, Mount Olive Twp, NJ.
What kind of property is 511 Drakestown Rd, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1981.

Sales history

4/27/2009$1
taxrecords_njBk 21277 / Pg 499
4/20/2009$1
MOD-IV (Rutgers)Bk 21277 / Pg 499
12/3/1987$248,000
MOD-IV (Rutgers)Bk 2992 / Pg 41

Date	Price	Book / Page	Source
4/27/2009	$1	21277 / 499	taxrecords_nj
4/20/2009	$1	21277 / 499	MOD-IV (Rutgers)
12/3/1987	$248,000	2992 / 41	MOD-IV (Rutgers)