$1,105,000
SOLD JUL 8, 2026

48 Rainbow Trail Mountain Lakes, NJ 07046

Mountain Lakes Area
3 Beds
3 Baths
1,856 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: July 8, 2026

$595 Per Sq Ft

28% Above List Price

22 Days on Market

About This Home

As of July 2026

This home is located at 48 Rainbow Trail, Mountain Lakes, NJ 07046 and is currently priced at $1,105,000, approximately $595 per square foot. This property was built in 1927. 48 Rainbow Trail is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-376-8990 Listed on: 05/26/2026

Co-Listed By

SUSAN POSNIACK

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-376-8990

Last Buyer's Agent

Tracy Tofanelli

KELLER WILLIAMS SUBURBAN REALTY

KELLER WILLIAMS SUBURBAN REALTY

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 10,890 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0.25 Acres

Listing Details

  • Year Built: 1927
  • County Name: Morris
  • I D: 5434687
  • Attribution Contact: 973-376-8990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.20

Lot Info

  • Lot Size: .252 AC
  • Total Acres: 0.25

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mountain Lakes, NJ

  • Pamela 'Jill' Sockwell Real Estate Agent - COMPASS NEW JERSEY, LLC

    Pamela 'Jill' Sockwell

    COMPASS NEW JERSEY, LLC

    (917) 634-3370

    140 Total Sales

    1 in Mountain Lakes

    $1,700,000 Price

    Pamela 'Jill' Sockwell
     Section Image
  • Hajira Yafai Real Estate Agent - COLDWELL BANKER REALTY

    Hajira Yafai

    COLDWELL BANKER REALTY

    (862) 254-8833

    43 Total Sales

    1 in Mountain Lakes

    $1,080,000 Price

    Hajira Yafai
     Section Image
  • Triveni Gurikar Real Estate Agent - RE/MAX NEIGHBORHOOD PROPERTIES

    Triveni Gurikar

    Responds Quickly

    RE/MAX NEIGHBORHOOD PROPERTIES

    (862) 263-7254

    64 Total Sales

    1 in Mountain Lakes

    $1,575,000 Price

    Triveni Gurikar
     Section Image
  • Jill Cardullo Real Estate Agent - Weichert Realtors, Mendham

    Jill Cardullo

    Responds Quickly

    Weichert Realtors, Mendham

    (862) 701-4332

    61 Total Sales

    1 in Mountain Lakes

    $618,000 Price

    Jill Cardullo
     Section Image
  • Mary Sheeran Real Estate Agent - Keller Williams Realty Metropolitan

    Mary Sheeran

    Keller Williams Realty Metropolitan

    (862) 244-1879

    437 Total Sales

    5 in Mountain Lakes

    $600K - $890K Price Range

    Mary Sheeran
     Section Image
  • Michelle Donus Real Estate Agent - RE/MAX HOMETOWNE REALTY

    Michelle Donus

    RE/MAX HOMETOWNE REALTY

    (862) 352-7604

    44 Total Sales

    1 in Mountain Lakes

    $1,425,000 Price

    Michelle Donus
     Section Image
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2026 07/08/26 Sold $1,105,000 +27.7% $595 / Sq Ft
06/17/2026 06/17/26 Pending -- -- --
05/26/2026 05/26/26 For Sale $864,999 -- $466 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $15,126 $741,100 $342,100 $399,000
2025 $15,126 $685,900 $327,000 $358,900
2024 $14,920 $633,400 $298,200 $335,200
2023 $14,920 $590,200 $276,900 $313,300
2022 $14,546 $536,800 $258,100 $278,700
2021 $11,472 $518,400 $250,600 $267,800
2020 $11,883 $424,100 $227,900 $196,200
2019 $11,472 $424,100 $227,900 $196,200
2018 $11,145 $424,100 $227,900 $196,200
2017 $10,867 $422,500 $227,900 $194,600
2016 $10,677 $422,500 $227,900 $194,600
2015 $10,427 $388,900 $227,900 $161,000
2014 $9,419 $388,900 $227,900 $161,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2026

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • S

    Seller Co-Listing Agent in 2026

    SUSAN POSNIACK

    COMPASS NEW JERSEY, LLC

  • Tracy Tofanelli Real Estate Agent - KELLER WILLIAMS SUBURBAN REALTY

    Buyer's Agent in 2026

    Tracy Tofanelli

    KELLER WILLIAMS SUBURBAN REALTY

    (973) 420-4065

    92 Total Sales

    Tracy Tofanelli
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Map

Source: Garden State MLS

MLS Number: 4030055

Garden State MLS

APN: 25-00016-0000-00003

New Jersey Morris County Mountain Lakes 07046

48 Rainbow Trail, Mountain Lakes, NJ

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Information deemed reliable but not guaranteed.
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