When was property at 48 Rainbow Trail built and last sold?

The property at 48 Rainbow Trail was built in 1927 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 48 Rainbow Trail is $873,649.

What are some comparable homes to 48 Rainbow Trail?

There are currently no comparable homes to 48 Rainbow Trail.

Mountain Lakes

07046

48 Rainbow Trl

Sold on Jul 8, 2026

Map

$1,105,000

● House - Off Market

48 Rainbow Trl

Mountain Lakes Boro, NJ 07046

3 Beds

2 Baths

$4,248

Est. Monthly

Unit Size

Days on Market

Land Size

0.25 acres

Price per sqft

Property Type

House

Property Taxes

HOA Dues

Year Built

1927

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (GSMLS #4030055)

Price History

Date / Event	Date	Event
Jul 8, 2026	Sold	Premium
Sold
Jun 18, 2026	In contract	-
In contract

Property Highlights

Building Info

Overview

General

Year Built: 1927

Effective Year Built: 1927
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,977

Lot Size Depth Feet: 1,100
Lot Size Frontage Feet: 1,000
Total Building Area: 2,086
Building Area: 2,086
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 2,086
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000252
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Mountain Lakes Borough School District

Census Tract: 041200

Zoning

Zoning: R-1

Geography

Assessors Map Reference: TAX MAP 1

Account Number: 1009400
District: 25
Parcel: 25 00016-0000-00003
Block: 16
Lot: 3
Municipality: MOUNTAIN LAKES BORO
Latitude: 40.8887
Longitude: -74.4594

Address

Full Address: 48 Rainbow Trl

Address - House Number: 48
Address - Street Name: Rainbow
Address - Suffix Type: Trl
State: NJ
City Name: Mountain Lakes
Carrier Code: C004
4-Digit Zip Code: 1726
Zip Code: 07046

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,492,026

Appraisal Valuation

Standard Deviation: 0.1562

Valuation Date: Feb 14, 2024
Confidence Score: 80
Final Value: 759,971
High Value: 878,685
Low Value: 641,257

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $603,106

Market Land Value: $282,955
Market Improvement Value: $320,151

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $590,200
Assessed Land Value: $276,900
Assessed Improvements Value: $313,300

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Mountain Lakes

Stats & Trends

Median Asking:

$1,050,000

Sale Price/ft²

$409

Below Asking

0.01%

Average Days on Market

Average Home Size

1561 ft²

Average Home Age

52.2 years

Currently For Sale

19 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 4 months ago
Data Source: GSMLS, MLS#

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