When was 476 Drakestown Rd, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2021 for $284,500.

What is the assessed value of 476 Drakestown Rd, Mount Olive Twp, NJ?

The total municipal assessment is $221,400 (land plus improvements).

What is 476 Drakestown Rd, Mount Olive Twp, NJ worth?

Our model estimates a market value of $374,593, derived from comparable recorded sales nearby.

How many units does 476 Drakestown Rd, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 476 Drakestown Rd, Mount Olive Twp, NJ.

What kind of property is 476 Drakestown Rd, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1948.

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

476 Drakestown Rd

Mount Olive Twp, NJ 07853·Morris County

1427·block 7000·lot 31

$374,593estimated value

Last sale

$284,500

10/15/2021 · SR1A 2022

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1948

Building size

896 sq ft

Lot size

0.92 ac

Land description

162 X 211

Building description

1SF & G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$221,400

Land value

$145,700

Improvement value

$75,700

Last year's tax

$7,716

Last MOD-IV sale

$284,500

MOD-IV deed date

8/10/2021

Owner mailing address

476 DRAKESTOWN RD
LONG VALLEY, NJ 07853

Estimated market value

$374,593

range $344,165 – $405,022

high confidence

Assessment-implied: $334,846; Director's Ratio 0.6612 (2025)
Comp-implied: $334,622; 11 comparable sales

Estimated value, last 11 years

2016: $202,135 → 2026: $374,593

dots are actual sale prices for this property

Based on 11 comparable sales

Address	Sold	Price
115 Mt Olive Rd	8/19/2025	$255,000

Bordering

200-ft notice list →

478 Drakestown Rd
Lot 30·$454,900
464 Drakestown Rd
Lot 32·$407,000
464 Drakestown Rd
Lot 32/QFARM·$1,600

Block 7000All of Block 7000 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "476 DRAKESTOWN RD LONG VALLEY NJ 07853"
    ],
    "zipKeys": [
      "476 DRAKESTOWN RD 07853"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1427_7000_31",
  "county_code": "14",
  "district_code": "27",
  "block": "7000",
  "lot": "31",
  "qualifier": "",
  "property_location": "476 DRAKESTOWN RD",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1SF & G",
  "land_desc": "162 X 211",
  "year_built": 1948,
  "living_sqft": 896,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "14570000",
  "improvement_value_cents": "7570000",
  "net_value_cents": "22140000",
  "last_yr_tx_cents": "771579",
  "deed_date": "2021-08-10",
  "deed_book": "24244",
  "deed_page": "1652",
  "sale_price_cents": "28450000",
  "sales_code": null,
  "owner_mailing_street": "476 DRAKESTOWN RD",
  "owner_mailing_city_state_zip": "LONG VALLEY, NJ  07853",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "0.922400",
  "add_lots1": null,
  "add_lots2": "107 DRAKESTOWN RD",
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.74327574384935,
  "centroid_lat": 40.827994688247635
}

SR1A

[
  {
    "id": "4f70c5d6-ad18-47ba-ade1-d2a74bb929ab",
    "property_id": null,
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "31",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-08-10",
    "date_recorded": "2021-10-15",
    "sale_price_cents": "28450000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "e2716e89-73dd-4c7a-9190-1054faa35776",
    "property_id": "da670a75-10fe-4aba-8ad2-16a918e75037",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "31",
    "qualifier": "",
    "deed_book": "24244",
    "deed_page": "1652",
    "deed_date": "2021-08-10",
    "date_recorded": "2021-10-15",
    "sale_price_cents": "28450000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "9bf9093d-4346-43df-aa85-b3df2187253b",
    "property_id": "da670a75-10fe-4aba-8ad2-16a918e75037",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "31",
    "qualifier": "",
    "deed_book": "24244",
    "deed_page": "1652",
    "deed_date": "2021-08-10",
    "date_recorded": "2021-08-10",
    "sale_price_cents": "28450000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 476 Drakestown Rd, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2021 for $284,500.
What is the assessed value of 476 Drakestown Rd, Mount Olive Twp, NJ?: The total municipal assessment is $221,400 (land plus improvements).
What is 476 Drakestown Rd, Mount Olive Twp, NJ worth?: Our model estimates a market value of $374,593, derived from comparable recorded sales nearby.
How many units does 476 Drakestown Rd, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 476 Drakestown Rd, Mount Olive Twp, NJ.
What kind of property is 476 Drakestown Rd, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1948.

Sales history

10/15/2021$284,500
SR1A 2022
10/15/2021$284,500
taxrecords_njBk 24244 / Pg 1652
8/10/2021$284,500
MOD-IV (Rutgers)Bk 24244 / Pg 1652

Date	Price	Book / Page	Source
10/15/2021	$284,500	—	SR1A 2022
10/15/2021	$284,500	24244 / 1652	taxrecords_nj
8/10/2021	$284,500	24244 / 1652	MOD-IV (Rutgers)