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055 Lake Dr

Mountain Lakes Borough, NJ · Morris County · Residential · Block 101, Lot 16

Watchdog Score

How it works
77/100

Favorable tax position

The Watchdog Score, powered by the ROBUST Framework. Evidence coverage 55%, low confidence.

  • RRecourse61
  • OOverassessment Positionn/a
  • BBurden73
  • UUniformity95
  • SStabilityn/a
  • TTrajectoryn/a

Property tax

Compare towns
$39,870Latest annual tax
$43,4472025 estimate
$1,889,800Assessed value
$20,745Mountain Lakes Borough median
$2.2992025 rate

Among 1,445 homes in Mountain Lakes Borough, the typical (median) tax bill is $20,745. This bill is higher than about 92% of them.

Town tax rate per $100
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25

Sales

Nearby sales
$1,875,000 on May 11, 2017This property's last sale
62Similar sales since 2023
$1,100,500Median price

Is this your home?

Claim it to follow its assessment, tax and score in your Watchdog account. Once ownership is verified, you can add a photo that shows wherever this address appears on Watchdog.

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Recent sales nearby

AddressSoldPriceBuilt
065 Lake DrSame streetJul 2024$2,140,0001913
123 Lake DrSame streetJun 2024$1,420,0001942
011 Point View PlMar 2024$2,137,0001950
019 Rockaway TerAug 2024$701,0001952
024 Hillcrest RdNov 2023$640,0001912
088 Pollard RdOct 2024$950,0001920

Same property type in the same town, same street first. Prices come from the state tax list, which runs about a year behind, and can include sales between relatives or other non-market transfers.

Homeowner tools

  • Could an appeal lower this bill?The appeal estimator opens with this property's assessment and the town tax rate filled in.
  • Appeal deadlinesUsually April 1 (May 1 after a town-wide revaluation), or 45 days after assessment notices go out if later.
  • ANCHOR, Senior Freeze and Stay NJCheck which state property tax relief programs apply.
  • Buying here?Monthly cost with the real tax bill included.
  • Selling? CO requirementsResale certificate of occupancy and smoke detector certificate rules for Mountain Lakes Borough.
  • Mountain Lakes Borough property taxesTypical bill, tax rate and appeal deadline for the town.
  • MapOpen this address in Google Maps.

Property record

Block / lot
101 / 16
Property class
Residential (2)
Year built
1921
Building
2SF
Dwelling units
1
Lot size
0.46 acres
Land value
$966,600
Improvement value
$923,200
County
Morris County

Same block

  • 030 Lake Dr$30,091 tax
  • 028 Lake Dr$63,473 tax
  • 026 Lake Dr$28,541 tax
  • 049 Lake Dr$42,232 tax
  • 053 Lake Dr$41,422 tax
  • 061 Lake Dr$44,018 tax
  • 065 Lake Dr$43,839 tax
  • 071 Lake Dr$38,798 tax

Get alerts for this property

We check the state tax list once a month and email you if the assessment, tax bill or Watchdog Score for 055 Lake Dr changes. Unsubscribe any time.

Property report (PDF)

A printable report for 055 Lake Dr: tax and assessment, the Watchdog Score, how the bill compares in Mountain Lakes Borough, recent nearby sales and appeal dates.

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Questions

How much are the property taxes at 055 Lake Dr?

The latest annual property tax on the New Jersey tax list is $39,870, on an assessed value of $1,889,800.

How does this tax bill compare with others in Mountain Lakes Borough?

Among 1,445 homes in Mountain Lakes Borough, the typical (median) tax bill is $20,745. This bill is higher than about 92% of them.

What is the Watchdog Score?

The Watchdog Score, powered by the ROBUST Framework, rates a property's tax position from 0 to 100 using six kinds of public evidence. Higher is better. This property scores 77 (Favorable tax position).

Can the assessment be appealed?

Yes. Appeals go to the Morris County Board of Taxation. In most towns the deadline is April 1 (May 1 after a town-wide revaluation), or 45 days after assessment notices are mailed if that is later.

Does Watchdog show who owns this property?

No. Watchdog does not show owner names or mailing addresses. Everything on this page comes from public tax and parcel records.

Source: New Jersey MOD-IV tax list and NJ Office of GIS parcel data, refreshed monthly (last refresh October 2026). Town tax rates from the NJ Division of Taxation. Watchdog does not show owner names. How we get our numbers

Photo by Zac Gudakov on Unsplash
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