As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$20,511 (−0.5%)
$210,000 + $381,600
$591,600
2024
$20,617 (+6.0%)
$210,000 + $381,600
$591,600
2023
$19,446 (−2.4%)
$210,000 + $381,600
$591,600
2022
$19,925 (+0.3%)
$210,000 + $381,600
$591,600
2021
$19,866 (+1,223.7%)
$210,000 + $381,600
$591,600
2020
$1,501 (+0.3%)
$210,000 + $381,600
$591,600
2019
$1,496 (+1.0%)
$45,300
2018
$1,481 (+1.8%)
$45,300
2017
$1,455
$45,300
Tax history for 54 Drake Way
Year
Property tax
Land + Additions
Assessment*
2025
$20,511 (−0.5%)
$210,000 + $381,600
$591,600
2024
$20,617 (+6.0%)
$210,000 + $381,600
$591,600
2023
$19,446 (−2.4%)
$210,000 + $381,600
$591,600
2022
$19,925 (+0.3%)
$210,000 + $381,600
$591,600
2021
$19,866 (+1,223.7%)
$210,000 + $381,600
$591,600
2020
$1,501 (+0.3%)
$210,000 + $381,600
$591,600
2019
$1,496 (+1.0%)
$45,300
2018
$1,481 (+1.8%)
$45,300
2017
$1,455
$45,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-7
Active Adult and Inclusionary Housing Residential Zone District
The purpose of this district is to provide for a new zone district for active adult residential development within an age-restricted residential development and to also provide low- and moderate-income family residential units as defined in 550-5 of this chapter.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Communications tower
Property details
Exterior
Property Information
Subdivision Name: REGENCY/FLANDERS SEC III
Living Sq. Ft: 2,956
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,669
Legal Lot Number: 5.028
Legal Block Number: 6000
Municipality Name: MOUNT OLIVE TWP
Acres: 0.1531
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Tax District County: MOUNT OLIVE TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,956
Stories: —
Lot Size: 6,669 square feet
Style: Single Family Residential
Year Built: 2020
Year Renovated: —
County: Morris County
APN: 2706000 00005 028
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Mountain View Elementary School
Public PreK-5 • Assigned • 0.3mi
6/10
Mt Olive Middle School
Public 6-8 • Assigned • 3.0mi
6/10
Mt Olive High School
Public 9-12 • Assigned • 2.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
4/10 Wind Factor
22% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Flanders, NJ • 07836
Average low and high temperatures (°F)
30
17
35
21
53
32
60
40
67
50
78
59
83
66
77
57
72
55
63
43
51
34
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$918,000 – $1.11M
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