When was 513 Drakestown Rd, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2025 for $665,000.

What is the assessed value of 513 Drakestown Rd, Mount Olive Twp, NJ?

The total municipal assessment is $355,100 (land plus improvements).

What is 513 Drakestown Rd, Mount Olive Twp, NJ worth?

Our model estimates a market value of $660,972, derived from comparable recorded sales nearby.

How many units does 513 Drakestown Rd, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 513 Drakestown Rd, Mount Olive Twp, NJ.

What kind of property is 513 Drakestown Rd, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1978.

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

513 Drakestown Rd

Mount Olive Twp, NJ·Morris County

1427·block 6900·lot 5

$660,972estimated value

Last sale

$665,000

12/1/2025 · SR1A 2026

5 other properties share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1978

Building size

2,104 sq ft

Lot size

9.11 ac

Land description

9.11 AC

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$355,100

Land value

$188,700

Improvement value

$166,400

Last year's tax

$12,375

Last MOD-IV sale

$665,000

MOD-IV deed date

11/19/2025

Owner mailing address

29 PALISADE RD
ELIZABETH, NJ 07208

Estimated market value

$660,972

range $624,138 – $699,562

high confidence

Assessment-implied: $537,054; Director's Ratio 0.6612 (2025)
Comp-implied: $475,905; 6 comparable sales

Estimated value, last 11 years

2016: $356,668 → 2026: $660,972

dots are actual sale prices for this property

Bordering

200-ft notice list →

Drakestown Rd
Lot 4
511 Drakestown Rd
Lot 4·$323,700
Drakestown Rd
Lot 4/QFARM·$1,200
515-523 Drakestown Rd
Lot 6·$247,200
515-523 Drakestown Rd
Lot 6/QFARM·$5,100

Block 6900All of Block 6900 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 5,
  "portfolioKeys": {
    "fullKeys": [
      "29 PALISADE RD ELIZABETH NJ 07208"
    ],
    "zipKeys": [
      "29 PALISADE RD 07208"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1427_6900_5",
  "county_code": "14",
  "district_code": "27",
  "block": "6900",
  "lot": "5",
  "qualifier": "",
  "property_location": "513 DRAKESTOWN RD",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": null,
  "land_desc": "9.11 AC",
  "year_built": 1978,
  "living_sqft": 2104,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "18870000",
  "improvement_value_cents": "16640000",
  "net_value_cents": "35510000",
  "last_yr_tx_cents": "1237524",
  "deed_date": "2025-11-19",
  "deed_book": "25021",
  "deed_page": "1693",
  "sale_price_cents": "66500000",
  "sales_code": null,
  "owner_mailing_street": "29 PALISADE RD",
  "owner_mailing_city_state_zip": "ELIZABETH, NJ  07208",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "9.110000",
  "add_lots1": null,
  "add_lots2": "52 DRAKESTOWN RD",
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.73327940100128,
  "centroid_lat": 40.82443326151628
}

SR1A

[
  {
    "id": "19df7be7-4aa1-4456-af81-de75ec7804a1",
    "property_id": "c0b35e7f-e89f-4131-bd5d-b2c3f4a0e6c8",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "5",
    "qualifier": "",
    "deed_book": "25021",
    "deed_page": "1693",
    "deed_date": "2025-11-19",
    "date_recorded": "2025-12-01",
    "sale_price_cents": "66500000",
    "sr1a_year": 2026,
    "source": "sr1a"
  },
  {
    "id": "57b11ae6-739b-4b49-8836-30207502f00a",
    "property_id": "c0b35e7f-e89f-4131-bd5d-b2c3f4a0e6c8",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "5",
    "qualifier": "",
    "deed_book": "25021",
    "deed_page": "1693",
    "deed_date": "2025-11-19",
    "date_recorded": "2025-11-19",
    "sale_price_cents": "66500000",
    "sr1a_year": null,
    "source": "taxrecords_nj_owners"
  },
  {
    "id": "fc119051-46ce-4d55-9ad3-44f2b310c103",
    "property_id": "c0b35e7f-e89f-4131-bd5d-b2c3f4a0e6c8",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "5",
    "qualifier": "",
    "deed_book": "24609",
    "deed_page": "840",
    "deed_date": "2023-05-29",
    "date_recorded": "2023-06-06",
    "sale_price_cents": "60000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "ccf55810-b534-43bc-a4a2-de9c69931a3b",
    "property_id": null,
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "5",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2023-05-29",
    "date_recorded": "2023-06-06",
    "sale_price_cents": "60000000",
    "sr1a_year": 2023,
    "source": "sr1a"
  },
  {
    "id": "044f83fd-4dee-4962-8a94-d59bac94b61d",
    "property_id": "c0b35e7f-e89f-4131-bd5d-b2c3f4a0e6c8",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "5",
    "qualifier": "",
    "deed_book": "24609",
    "deed_page": "840",
    "deed_date": "2023-05-29",
    "date_recorded": "2023-05-29",
    "sale_price_cents": "60000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "31131ae3-b319-4d07-9eda-3867b1628254",
    "property_id": "c0b35e7f-e89f-4131-bd5d-b2c3f4a0e6c8",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "5",
    "qualifier": "",
    "deed_book": "3926",
    "deed_page": "12",
    "deed_date": "1993-12-23",
    "date_recorded": "1994-02-17",
    "sale_price_cents": "8500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b4d1a4da-c4cb-4d5a-ac28-4c96dda994bc",
    "property_id": "c0b35e7f-e89f-4131-bd5d-b2c3f4a0e6c8",
    "county_code": "14",
    "district_code": "27",
    "block": "6900",
    "lot": "5",
    "qualifier": "",
    "deed_book": "3926",
    "deed_page": "12",
    "deed_date": "1993-12-23",
    "date_recorded": "1993-12-23",
    "sale_price_cents": "8500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 513 Drakestown Rd, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2025 for $665,000.
What is the assessed value of 513 Drakestown Rd, Mount Olive Twp, NJ?: The total municipal assessment is $355,100 (land plus improvements).
What is 513 Drakestown Rd, Mount Olive Twp, NJ worth?: Our model estimates a market value of $660,972, derived from comparable recorded sales nearby.
How many units does 513 Drakestown Rd, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 513 Drakestown Rd, Mount Olive Twp, NJ.
What kind of property is 513 Drakestown Rd, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1978.

Address	Sold	Price
130 Stedwick Dr	2/11/2026	$380,000
77 Stedwick Dr	10/22/2025	$390,000
109 Stedwick Dr	11/13/2024	$380,000
121 Crease Rd	11/8/2024	$770,000
77 Stedwick Dr	12/13/2023	$380,000
89 Stedwick Dr	12/7/2023	$380,000

Sales history

12/1/2025$665,000
SR1A 2026Bk 25021 / Pg 1693
11/19/2025$665,000
taxrecords_nj_ownersBk 25021 / Pg 1693
6/6/2023$600,000
taxrecords_njBk 24609 / Pg 840
6/6/2023$600,000
SR1A 2023
5/29/2023$600,000
MOD-IV (Rutgers)Bk 24609 / Pg 840
2/17/1994$85,000
taxrecords_njBk 3926 / Pg 12
12/23/1993$85,000
MOD-IV (Rutgers)Bk 3926 / Pg 12

Date	Price	Book / Page	Source
12/1/2025	$665,000	25021 / 1693	SR1A 2026
11/19/2025	$665,000	25021 / 1693	taxrecords_nj_owners
6/6/2023	$600,000	24609 / 840	taxrecords_nj
6/6/2023	$600,000	—	SR1A 2023
5/29/2023	$600,000	24609 / 840	MOD-IV (Rutgers)
2/17/1994	$85,000	3926 / 12	taxrecords_nj
12/23/1993	$85,000	3926 / 12	MOD-IV (Rutgers)