When was 424 Drakestown Rd, Mount Olive Twp, NJ last sold?

The most recent recorded sale was in 2010 for $300,000.

What is the assessed value of 424 Drakestown Rd, Mount Olive Twp, NJ?

The total municipal assessment is $289,800 (land plus improvements).

What is 424 Drakestown Rd, Mount Olive Twp, NJ worth?

Our model estimates a market value of $438,294, derived from comparable recorded sales nearby.

How many units does 424 Drakestown Rd, Mount Olive Twp, NJ have?

Records show 1 dwelling unit at 424 Drakestown Rd, Mount Olive Twp, NJ.

What kind of property is 424 Drakestown Rd, Mount Olive Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

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

424 Drakestown Rd

Mount Olive Twp, NJ·Morris County

1427·block 7000·lot 40

$438,294estimated value

Last sale

$300,000

6/3/2010 · taxrecords_nj

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

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1950

Building size

1,468 sq ft

Lot size

5.13 ac

Land description

5.13 AC

Building description

1.5SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$289,800

Land value

$174,100

Improvement value

$115,700

Last year's tax

$10,100

Last MOD-IV sale

$300,000

MOD-IV deed date

5/21/2010

Owner mailing address

58 EGGERT AVE
METUCHEN, NJ 08840

Estimated market value

$438,294

range $372,550 – $504,038

moderate confidence

Assessment-implied: $438,294; Director's Ratio 0.6612 (2025)
Comparable sales: 2 (below threshold)

Estimated value, last 11 years

2016: $236,509 → 2026: $438,294

Bordering

200-ft notice list →

434 Drakestown Rd
Lot 39·$344,500
422 Drakestown Rd
Lot 41·$282,600
414 Drakestown Rd
Lot 44·$296,300
412 Drakestown Rd
Lot 45·$446,400
406 Drakestown Rd
Lot 47·$64,400
404 Drakestown Rd
Lot 48·$313,600
402 Drakestown Rd
Lot 49·$28,100

Block 7000All of Block 7000 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 2,
  "portfolioKeys": {
    "fullKeys": [
      "58 EGGERT AVE METUCHEN NJ 08840"
    ],
    "zipKeys": [
      "58 EGGERT AVE 08840"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1427_7000_40",
  "county_code": "14",
  "district_code": "27",
  "block": "7000",
  "lot": "40",
  "qualifier": "",
  "property_location": "424 DRAKESTOWN RD",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1.5SF",
  "land_desc": "5.13 AC",
  "year_built": 1950,
  "living_sqft": 1468,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "17410000",
  "improvement_value_cents": "11570000",
  "net_value_cents": "28980000",
  "last_yr_tx_cents": "1009953",
  "deed_date": "2010-05-21",
  "deed_book": "21553",
  "deed_page": "1251",
  "sale_price_cents": "30000000",
  "sales_code": null,
  "owner_mailing_street": "58 EGGERT AVE",
  "owner_mailing_city_state_zip": "METUCHEN, NJ  08840",
  "mun_name": "MOUNT OLIVE TWP",
  "calc_acre": "5.130000",
  "add_lots1": null,
  "add_lots2": "135 DRAKESTOWN RD",
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.74810173834776,
  "centroid_lat": 40.82836794034429
}

SR1A

[
  {
    "id": "f870a05f-b0c9-4580-bee9-a5f7e512cf53",
    "property_id": "b05cc633-7940-4a6e-95b4-b9b904709cf0",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "40",
    "qualifier": "",
    "deed_book": "21553",
    "deed_page": "1251",
    "deed_date": "2010-05-21",
    "date_recorded": "2010-06-03",
    "sale_price_cents": "30000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "241e51f3-4d3f-4d76-baec-229649ee08d3",
    "property_id": "b05cc633-7940-4a6e-95b4-b9b904709cf0",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "40",
    "qualifier": "",
    "deed_book": "21553",
    "deed_page": "1251",
    "deed_date": "2010-05-21",
    "date_recorded": "2010-05-21",
    "sale_price_cents": "30000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "4e88d183-13fe-40c9-a063-33ad9b997984",
    "property_id": "b05cc633-7940-4a6e-95b4-b9b904709cf0",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "40",
    "qualifier": "",
    "deed_book": "20566",
    "deed_page": "1484",
    "deed_date": "2006-07-12",
    "date_recorded": "2006-07-19",
    "sale_price_cents": "47000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6f52f71b-cd56-4fc8-b3a9-8fb3c90e5e03",
    "property_id": "b05cc633-7940-4a6e-95b4-b9b904709cf0",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "40",
    "qualifier": "",
    "deed_book": "20566",
    "deed_page": "1484",
    "deed_date": "2006-07-12",
    "date_recorded": "2006-07-12",
    "sale_price_cents": "47000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "17ce4987-ff64-4267-895e-f15269880de7",
    "property_id": "b05cc633-7940-4a6e-95b4-b9b904709cf0",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "40",
    "qualifier": "",
    "deed_book": "5427",
    "deed_page": "226",
    "deed_date": "2001-07-16",
    "date_recorded": "2001-08-02",
    "sale_price_cents": "24500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "64c6ade1-cd05-4e45-b394-5358ef627c7d",
    "property_id": "b05cc633-7940-4a6e-95b4-b9b904709cf0",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "40",
    "qualifier": "",
    "deed_book": "5427",
    "deed_page": "226",
    "deed_date": "2001-07-16",
    "date_recorded": "2001-07-16",
    "sale_price_cents": "24500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "9a28ee18-7d51-46ea-bd05-585616a2189b",
    "property_id": "b05cc633-7940-4a6e-95b4-b9b904709cf0",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "40",
    "qualifier": "",
    "deed_book": "4329",
    "deed_page": "223",
    "deed_date": "1996-02-02",
    "date_recorded": "1996-02-09",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "1cda7b53-c766-4b16-bcf6-5db32e9062e5",
    "property_id": "b05cc633-7940-4a6e-95b4-b9b904709cf0",
    "county_code": "14",
    "district_code": "27",
    "block": "7000",
    "lot": "40",
    "qualifier": "",
    "deed_book": "4329",
    "deed_page": "223",
    "deed_date": "1996-02-02",
    "date_recorded": "1996-02-02",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 424 Drakestown Rd, Mount Olive Twp, NJ last sold?: The most recent recorded sale was in 2010 for $300,000.
What is the assessed value of 424 Drakestown Rd, Mount Olive Twp, NJ?: The total municipal assessment is $289,800 (land plus improvements).
What is 424 Drakestown Rd, Mount Olive Twp, NJ worth?: Our model estimates a market value of $438,294, derived from comparable recorded sales nearby.
How many units does 424 Drakestown Rd, Mount Olive Twp, NJ have?: Records show 1 dwelling unit at 424 Drakestown Rd, Mount Olive Twp, NJ.
What kind of property is 424 Drakestown Rd, Mount Olive Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

Address	Sold	Price
532 Drakestown Rd	1/21/2026	$479,000
125 Flanders-Drakestown R	7/23/2025	$650,000

Sales history

6/3/2010$300,000
taxrecords_njBk 21553 / Pg 1251
5/21/2010$300,000
MOD-IV (Rutgers)Bk 21553 / Pg 1251
7/19/2006$470,000
taxrecords_njBk 20566 / Pg 1484
7/12/2006$470,000
MOD-IV (Rutgers)Bk 20566 / Pg 1484
8/2/2001$245,000
taxrecords_njBk 5427 / Pg 226
7/16/2001$245,000
MOD-IV (Rutgers)Bk 5427 / Pg 226
2/9/1996$1
taxrecords_njBk 4329 / Pg 223
2/2/1996$1
MOD-IV (Rutgers)Bk 4329 / Pg 223

Date	Price	Book / Page	Source
6/3/2010	$300,000	21553 / 1251	taxrecords_nj
5/21/2010	$300,000	21553 / 1251	MOD-IV (Rutgers)
7/19/2006	$470,000	20566 / 1484	taxrecords_nj
7/12/2006	$470,000	20566 / 1484	MOD-IV (Rutgers)
8/2/2001	$245,000	5427 / 226	taxrecords_nj
7/16/2001	$245,000	5427 / 226	MOD-IV (Rutgers)
2/9/1996	$1	4329 / 223	taxrecords_nj
2/2/1996	$1	4329 / 223	MOD-IV (Rutgers)