When was 181 Lake Rd, Bernards Twp, NJ last sold?

The most recent recorded sale was in 1988 for $310,000.

What is the assessed value of 181 Lake Rd, Bernards Twp, NJ?

The total municipal assessment is $646,800 (land plus improvements).

What is 181 Lake Rd, Bernards Twp, NJ worth?

Our model estimates a market value of $786,153, derived from comparable recorded sales nearby.

How many units does 181 Lake Rd, Bernards Twp, NJ have?

Records show 1 dwelling unit at 181 Lake Rd, Bernards Twp, NJ.

What kind of property is 181 Lake Rd, Bernards Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1940.

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181 Lake Rd, Bernards Twp, NJ — owner, sales, deeds · parceldata

181 Lake Rd

Bernards Twp, NJ 07920·Somerset County

1802·block 2601·lot 17

$786,153estimated value

Last sale

$310,000

7/8/1988 · MOD-IV (Rutgers)

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1940

Building size

1,910 sq ft

Lot size

2.00 ac

Land description

2.00AC

Building description

2S-F-L-3UG

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$646,800

Land value

$382,500

Improvement value

$264,300

Last year's tax

$10,918

Last MOD-IV sale

$3,100

MOD-IV deed date

7/8/1988

Additional lots

Owner mailing address

181 Lake Rd
Basking Ridge Nj 07920

Estimated market value

$786,153

range $723,107 – $811,652

moderate confidence

Assessment-implied: $679,983; Director's Ratio 0.9512 (2025)
Comp-implied: $821,543; 25 comparable sales

Estimated value, last 11 years

2016: $786,153 → 2026: $786,153

Based on 25 comparable sales

Address	Sold	Price
11 Lurline Dr	9/23/2025	$880,000

Bordering

200-ft notice list →

25 Holmesbrook Rd
Lot 15·$859,400
9 Holmesbrook Rd
Lot 16·$1,360,300
15 Vail Ter
Lot 30·$764,500
9 Vail Ter
Lot 31·$903,600
5 Vail Ter
Lot 32·$645,100

Block 2601All of Block 2601 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 1,
  "portfolioKeys": {
    "fullKeys": [
      "181 LAKE RD BASKING RIDGE NJ 07920"
    ],
    "zipKeys": [
      "181 LAKE RD 07920"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1802_2601_17",
  "county_code": "18",
  "district_code": "02",
  "block": "2601",
  "lot": "17",
  "qualifier": "",
  "property_location": "181 Lake Rd",
  "property_class": "2",
  "bldg_class": "19",
  "bldg_desc": "2S-F-L-3UG",
  "land_desc": "2.00AC",
  "year_built": 1940,
  "living_sqft": 1910,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "38250000",
  "improvement_value_cents": "26430000",
  "net_value_cents": "64680000",
  "last_yr_tx_cents": "1091798",
  "deed_date": "1988-07-08",
  "deed_book": "01693",
  "deed_page": "00224",
  "sale_price_cents": "310000",
  "sales_code": null,
  "owner_mailing_street": "181 Lake Rd",
  "owner_mailing_city_state_zip": "Basking Ridge Nj 07920",
  "mun_name": "BERNARDS TWP",
  "calc_acre": "2.000000",
  "add_lots1": "FP",
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.56680445600715,
  "centroid_lat": 40.693328464208264
}

SR1A

[
  {
    "id": "ba37b18e-be5c-40d1-8a42-b8ede54e6732",
    "property_id": "d928b08e-3c7e-4869-97ad-2d42ffa85efb",
    "county_code": "18",
    "district_code": "02",
    "block": "2601",
    "lot": "17",
    "qualifier": "",
    "deed_book": "1693",
    "deed_page": "224",
    "deed_date": "1988-07-08",
    "date_recorded": "1988-07-08",
    "sale_price_cents": "31000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "f6adf913-14cd-4b08-8cba-b9971eca1ad0",
    "property_id": "d928b08e-3c7e-4869-97ad-2d42ffa85efb",
    "county_code": "18",
    "district_code": "02",
    "block": "2601",
    "lot": "17",
    "qualifier": "",
    "deed_book": "01693",
    "deed_page": "00224",
    "deed_date": "1988-07-08",
    "date_recorded": "1988-07-08",
    "sale_price_cents": "310000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "a621fdf4-6b0d-4eb7-9d3e-54db07da23ca",
    "property_id": "d928b08e-3c7e-4869-97ad-2d42ffa85efb",
    "county_code": "18",
    "district_code": "02",
    "block": "2601",
    "lot": "17",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1978-08-02",
    "sale_price_cents": "10500000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

When was 181 Lake Rd, Bernards Twp, NJ last sold?: The most recent recorded sale was in 1988 for $310,000.
What is the assessed value of 181 Lake Rd, Bernards Twp, NJ?: The total municipal assessment is $646,800 (land plus improvements).
What is 181 Lake Rd, Bernards Twp, NJ worth?: Our model estimates a market value of $786,153, derived from comparable recorded sales nearby.
How many units does 181 Lake Rd, Bernards Twp, NJ have?: Records show 1 dwelling unit at 181 Lake Rd, Bernards Twp, NJ.
What kind of property is 181 Lake Rd, Bernards Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1940.

Sales history

7/8/1988$310,000
MOD-IV (Rutgers)Bk 1693 / Pg 224
7/8/1988$3,100
TaxDataHubBk 01693 / Pg 00224
8/2/1978$105,000
TaxDataHub

Date	Price	Book / Page	Source
7/8/1988	$310,000	1693 / 224	MOD-IV (Rutgers)
7/8/1988	$3,100	01693 / 00224	TaxDataHub
8/2/1978	$105,000	—	TaxDataHub