What is the assessed value of 722 Mill Lane, Hillsborough Twp, NJ?

The total municipal assessment is $461,300 (land plus improvements).

What is 722 Mill Lane, Hillsborough Twp, NJ worth?

Our model estimates a market value of $638,136, derived from comparable recorded sales nearby.

How many units does 722 Mill Lane, Hillsborough Twp, NJ have?

Records show 1 dwelling unit at 722 Mill Lane, Hillsborough Twp, NJ.

What kind of property is 722 Mill Lane, Hillsborough Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1951.

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722 Mill Lane, Hillsborough Twp, NJ — owner, sales, deeds · parceldata

722 Mill Lane

Hillsborough Twp, NJ 08844·Somerset County

1810·block 11·lot 50

$638,136estimated value

Last sale

3/8/2016 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1951

Building size

1,690 sq ft

Lot size

1.00 ac

Land description

1.000

Building description

1SAL R

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$461,300

Land value

$290,000

Improvement value

$171,300

Last year's tax

$10,222

Last MOD-IV sale

MOD-IV deed date

3/8/2016

Owner mailing address

722 Mill Lane
Hillsborough, Nj 08844

Estimated market value

$638,136

range $618,862 – $657,411

low confidence

Assessment-implied: $513,983; Director's Ratio 0.8975 (2025)
Comp-implied: $679,521; 30 comparable sales

Estimated value, last 11 years

2016: $533,469 → 2026: $638,136

Based on 30 comparable sales

Address	Sold	Price
6 Gail Road	2/9/2026	$620,000
110 Kimberly Road	1/26/2026	$540,000

Bordering

200-ft notice list →

716 Mill Lane
Lot 44.04·$70,000
724 Mill Lane
Lot 49·$405,800
720 Mill Lane
Lot 51·$484,000

Block 11All of Block 11 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "722 MILL LN HILLSBOROUGH NJ 08844"
    ],
    "zipKeys": [
      "722 MILL LN 08844"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1810_11_50",
  "county_code": "18",
  "district_code": "10",
  "block": "11",
  "lot": "50",
  "qualifier": "",
  "property_location": "722 Mill Lane",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1SAL R",
  "land_desc": "1.000",
  "year_built": 1951,
  "living_sqft": 1690,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "29000000",
  "improvement_value_cents": "17130000",
  "net_value_cents": "46130000",
  "last_yr_tx_cents": "1022241",
  "deed_date": "2016-03-08",
  "deed_book": "06857",
  "deed_page": "01882",
  "sale_price_cents": "0",
  "sales_code": null,
  "owner_mailing_street": "722 Mill Lane",
  "owner_mailing_city_state_zip": "Hillsborough, Nj 08844",
  "mun_name": "HILLSBOROUGH TWP",
  "calc_acre": "1.000000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.69792277084363,
  "centroid_lat": 40.50498879754194
}

SR1A

[
  {
    "id": "e23872e2-9cf4-4f3d-a840-ca35368c7d72",
    "property_id": "254e0b1b-0765-4e3e-b879-a5a81586d459",
    "county_code": "18",
    "district_code": "10",
    "block": "11",
    "lot": "50",
    "qualifier": "",
    "deed_book": "6857",
    "deed_page": "1882",
    "deed_date": "2016-03-08",
    "date_recorded": "2016-03-08",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "024b71c0-ec01-40ad-9f3f-ad785863fc83",
    "property_id": "254e0b1b-0765-4e3e-b879-a5a81586d459",
    "county_code": "18",
    "district_code": "10",
    "block": "11",
    "lot": "50",
    "qualifier": "",
    "deed_book": "06857",
    "deed_page": "01882",
    "deed_date": "2016-03-08",
    "date_recorded": "2016-03-08",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 722 Mill Lane, Hillsborough Twp, NJ?: The total municipal assessment is $461,300 (land plus improvements).
What is 722 Mill Lane, Hillsborough Twp, NJ worth?: Our model estimates a market value of $638,136, derived from comparable recorded sales nearby.
How many units does 722 Mill Lane, Hillsborough Twp, NJ have?: Records show 1 dwelling unit at 722 Mill Lane, Hillsborough Twp, NJ.
What kind of property is 722 Mill Lane, Hillsborough Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1951.

Date	Price	Book / Page	Source
3/8/2016	$0	6857 / 1882	MOD-IV (Rutgers)
3/8/2016	$0	06857 / 01882	TaxDataHub