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031 RAINBOW TRL, MOUNTAIN LAKES, NJ

031 RAINBOW TRL, MOUNTAIN LAKES, NJ

031 RAINBOW TRL is Block 13, Lot 7.02 in Mountain Lakes, NJ. See all properties on Rainbow Trl.
Aerial view of 031 Rainbow Trl, Mountain Lakes, NJ
Aerial view of 031 Rainbow Trl. Imagery: NJ Office of GIS (2020), public domain.
$503,500
Total assessed value
$13,649
Annual property tax (2025)
~$552,212
Est. market value
Estimated market value: ~$552,212. This home is assessed at $503,500, and homes in Mountain Lakes are assessed at about 91% of market value on average (NJ Division of Taxation, 2025) — so the estimated market value is roughly ~$552,212.

What's this home worth today?

Our estimate above (~$552,212) uses Mountain Lakes's average assessment-to-market ratio. For a home-specific estimate that factors in 031 Rainbow Trl's condition, upgrades, and recent nearby sales, get a free current market valuation.

031 RAINBOW TRL is a Residential (4 Families or less) property with 1468 sq/ft of space. Taxes are $13,649 annually. This property was built in 1970 and is owned by CHAN/YIP, CHI YAN/YIM HUNG E who lives at 031 RAINBOW TRL. This property was last sold on 1999-06-28 for $345,000. This property is valued at $235 per sq/ft based on sales price. This property is valued at $342 per sq/ft based on total assessment. This property is zoned R-1, The building description is 1SF and land description is .359 AC.

Block Lot Qual
13 7.02  
Owner Owner Address Owner City/State/Zip
CHAN/YIP, CHI YAN/YIM HUNG E 031 RAINBOW TRL MOUNTAIN LAKES, NJ 07046
Property Class Square Ft Year Built
2 - Residential (4 Families or less) 1468 1970

Last Sold
031 RAINBOW TRL, MOUNTAIN LAKES, NJ

Year Sold Sales Price
1999-06-28 $345,000

Assessments
031 RAINBOW TRL, MOUNTAIN LAKES, NJ

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Total assessed value by year Land Building
Year Owner Land Assessment Building Assessment Total Assessment Exemption Assessed
2022 CHAN/YIP, CHI YAN/YIM HUNG E $289,000 $214,500 $503,500 $0 $503,500
2021 CHAN/YIP, CHI YAN/YIM HUNG E $280,500 $208,800 $489,300 $0 $489,300
2020 CHAN/YIP, CHI YAN/YIM HUNG E $259,600 $163,700 $423,300 $0 $423,300
2019 CHAN/YIP, CHI YAN/YIM HUNG E $259,600 $163,700 $423,300 $0 $423,300
2018 CHAN/YIP, CHI YAN/YIM HUNG E $259,600 $163,700 $423,300 $0 $423,300
2016 CHAN/YIP, CHI YAN/YIM HUNG E $259,600 $163,700 $423,300 $0 $423,300
2015 CHAN/YIP, CHI YAN/YIM HUNG E $259,600 $163,700 $423,300 $0 $423,300
2014 CHAN/YIP, CHI YAN/YIM HUNG E $259,600 $163,700 $423,300 $0 $423,300
2013 CHAN/YIP, CHI YAN/YIM HUNG E $259,600 $163,700 $423,300 $0 $423,300
2012 CHAN/YIP, CHI YAN/YIM HUNG E $288,400 $177,900 $466,300 $0 $466,300
2011 CHAN/YIP, CHI YAN/YIM HUNG E $288,400 $177,900 $466,300 $0 $466,300
2010 CHAN/YIP, CHI YAN/YIM HUNG E $288,400 $177,900 $466,300 $0 $466,300
2009 CHAN/YIP, CHI YAN/YIM HUNG E $288,400 $177,900 $466,300 $0 $466,300

Properties Near
031 RAINBOW TRL, MOUNTAIN LAKES, NJ

Street Address Owner Block Lot Qual Class
018 RAINBOW TRL KOSTAK/LU, MICHAEL/XIAO JING 7 6   2
019 RAINBOW TRL ATIF, AFSHEEN/SIDDIQI 10 4   2
20 RAINBOW TRL PARK LAKES TENNIS CLUB INC 18 19   4A
029 RAINBOW TRL FOPPES, ELLEN K 10 5   2
033 RAINBOW TRL MC GRORY, JOHN A/DARIA M 13 6.02   2
035 RAINBOW TRL DURENBERGER, MARK/LAUREL 13 5.02   2
037 RAINBOW TRL GORMAN, RYAN P & REBECCA J 13 3   2
040 RAINBOW TRL RAJAGOPALAN, PRABHU & VANDANA 16 7.02   2
041 RAINBOW TRL GIRONDA, RONALD 13 1   2
043 RAINBOW TRL HENDERSON, MICHAEL & VIRGINIA 15 23   2
044 RAINBOW TRL HAESSIG, JAMES M/BETH L. 16 5   2

The property-related information for 031 RAINBOW TRL, MOUNTAIN LAKES, NJ displayed on this page is obtained from public records from MOUNTAIN LAKES, NJ and other sources. While such information is thought to be reliable, it is not guaranteed and should be independently verified. njtaxrecords.net makes no warranties or representations whatsoever regarding the quality, content, completeness, accuracy or adequacy of such information and data. We last updated our database for 031 RAINBOW TRL, MOUNTAIN LAKES, NJ from public sources on 2022-11-26 06:17:33 UTC.