OFF MARKET
Google street view image for 98 Melrose Rd, Mountain Lakes, NJ 07046
Off Market Feb 2008 for $999K
$1,359,962
Est. refi paymentEst. refi $4,662/mo
—
bd
•
— ba
•
2,925
sq ft

98 Melrose Rd, Mountain Lakes, NJ 07046

map-entry

About this home

98 Melrose Rd is a 2,925 square foot house on a 0.5 acre lot. - it last sold on February 06, 2008 for $999,000. Based on Redfin's Mountain Lakes data, we estimate the home's value is $1,359,962.
Single-familyProperty Type
1920Year Built
0.5 acresLot Size
$465Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$1,359,962
$361K since sold in February 2008$62K since August

This home's estimate is 0.6% higher than the average sale price ($1.35M) of 6 comparable homes.

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Earn from this home

Sell
$863,815
Est. take-home

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Refinance
$0
Est. cash available

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Market trends in 07046, NJ

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
106.4%

+0.9% MoM

Median sale price
$1.2M

$225K MoM

Avg. days on market
20d

3 days MoM

Recently sold homes
22

10 MoM

New listings for sale

Provided by Redfin

Sale history for 98 Melrose Rd

Tax history for 98 Melrose Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Around this home

Schools

Wildwood Elementary School

Public K-5 • Assigned • 0.3mi

9/10
Briarcliff Elementary School

Public 6-8 • Assigned • 0.4mi

9/10
Mountain Lakes High School

Public 9-12 • Assigned • 0.2mi

9/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 100° expected this year, 13 days in 30 years

5/10 Wind Factor

26% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Mountain Lakes, NJ • 07046
Average low and high temperatures (°F)
33
20
37
22
55
34
64
43
70
51
81
61
87
68
81
60
76
57
66
46
53
37
38
25
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 4.1 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.29M – $1.56M

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Nearby similar homes

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FOR SALE BY OWNER
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2 beds1 bath1,000 sq ft
336 Lake Shore Dr, Lake Hiawatha, NJ 07034
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3 beds3.5 baths— sq ft
31 Lockley Ct, Mountain Lakes, NJ 07046-1453
$649,000
3 beds2 baths— sq ft
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$879,900
4 beds2.5 baths2,000 sq ft
19 Tourne Rd, Boonton, NJ 07005-8823

New listings for sale in 07046-1463

COMING SOON
$955,000
4 beds4 baths— sq ft
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$774,000
3 beds3.5 baths— sq ft
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Home values near 98 Melrose Rd

Data from public records.

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