When was 240 Route 206, Mount Olive, NJ last sold?

The most recent recorded sale was in 2022 for $1.

What is the assessed value of 240 Route 206, Mount Olive, NJ?

The total municipal assessment is $559,900 (land plus improvements).

What is 240 Route 206, Mount Olive, NJ worth?

Our model estimates a market value of $846,794, derived from comparable recorded sales nearby.

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240 Route 206

Mount Olive, NJ·Morris County

Estimated market value

$846,794

moderate confidence

range $719,775 – $973,813

Assessment-implied: $846,794; Director's Ratio 0.6612 (2025)
Comparable sales: 11 (below threshold)

Based on 11 comparable sales

Last sale

7/12/2022 · TaxRecords NJ

2 other properties share this owner's mailing address (excluding this building).View portfolio →

Property

Type

Condo unit

Tax class

Commercial

Year built

1986

Building size

—

Lot size

8.60 ac

Land description

8.6 AC

Building description

OFFICE CONDO

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$559,900

Land value

$184,800

Improvement value

$375,100

Last year's tax

$18,953

Last MOD-IV sale

MOD-IV deed date

6/16/2022

Owner

MALTESE, SALVATORE

861 Dow Rd
Bridgewater, NJ 08807

Sales history

6/16/2022$1
MOD-IV (Rutgers)Bk 24450 / Pg 204
4/11/2003$1
MOD-IV (Rutgers)Bk 5834 / Pg 36
3/3/1987$340,000
MOD-IV (Rutgers)Bk 2930 / Pg 429

Date	Price	Book / Page	Source
6/16/2022	$1	24450 / 204	MOD-IV (Rutgers)
4/11/2003	$1	5834 / 36	MOD-IV (Rutgers)
3/3/1987	$340,000	2930 / 429	MOD-IV (Rutgers)

Deeds

Properties on Route 206

Properties on Block 5300

Frequently asked

When was 240 Route 206, Mount Olive, NJ last sold?: The most recent recorded sale was in 2022 for $1.
What is the assessed value of 240 Route 206, Mount Olive, NJ?: The total municipal assessment is $559,900 (land plus improvements).
What is 240 Route 206, Mount Olive, NJ worth?: Our model estimates a market value of $846,794, derived from comparable recorded sales nearby.
What kind of property is 240 Route 206, Mount Olive, NJ?: It is a Commercial Property.

1427·block 5300·lot 18·qual CU07

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240 Route 206

240 Route 206, Mount Olive, NJ — owner, sales, deeds · ElasticParcel

Address	Sold	Price
30 International Dr.south	11/26/2025	$27,900,000
20 International Dr.south	11/26/2025	$27,900,000
50 International Dr So	11/26/2025	$27,900,000
1000 International Dr	5/6/2025	$6,900,000
240 Route 206	9/5/2024	$520,000
240 Route 206	9/3/2024	$300,000
81 International Dr So	8/22/2024	$29,133,416
240 Route 206	3/5/2024	$300,000
230 Route 206	10/16/2023	$408,333
240 Route 206	9/22/2023	$330,000
240 Route 206	9/22/2023	$330,000