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Single Family ResidenceResidential
$408,900$337 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $172,000 on Apr 16, 2002

131 DRAKE LN

LEDGEWOOD, NJ 07852
2
Beds
0
Baths
1,213 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1989
Year BuiltThe year the home was originally built, according to county records.
2
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$409K
$393K low$425K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$172,000 · Apr 16, 2002

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,690 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$207,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$90,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$117,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$207,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$207,000

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.28 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.19
PoolWhether the property has a pool, and what kind, such as in-ground.No

Neighborhood · ZIP 07852These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.17
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.98

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.49%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.2,743
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.896 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$118,420
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$155,845
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.53 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

131 Drake Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 93% of homes in Morris County
  • Smaller than 86% of homes in Morris County
  • Has a smaller lot than 92% of homes in Ledgewood 07852
  • Newer than 76% of homes in Morris County

What homes are worth in Ledgewood 07852

Each bar is how many homes fall in that price range. The marker is this home.

This home
$337K$984K

This home is worth more than 13% of homes in Ledgewood 07852.

How it measures up in Ledgewood 07852

The dot is this home. The mark in the middle is the typical home in Ledgewood 07852.

Estimated value$408,900
CheaperTypical $541,078Pricier

Pricier than 13% of homes nearby

Price per ft²$337
CheaperTypical $311Pricier

Pricier than 60% of homes nearby

Living area1,213 ft²
SmallerTypical 1,948 ft²Bigger

Bigger than 22% of homes nearby

Lot size0.19 ac
SmallerTypical 0.23 acBigger

Bigger than 8% of homes nearby

Year built1989
OlderTypical 1998Newer

Newer than 39% of homes nearby

How 131 Drake Ln ranks against every home in each area.
MeasureThis homeLedgewood 07852Morris County
Estimated valuepricier than$408,90013% of homes7% of homes
Price per ft²pricier than$33760% of homes36% of homes
Living areabigger than1,213 ft²22% of homes14% of homes
Lot sizebigger than0.19 ac8% of homes28% of homes
Year builtnewer than198939% of homes76% of homes

About 131 Drake Ln

How much is 131 Drake Ln, Ledgewood, NJ worth?

The TopHap Estimate for 131 Drake Ln, Ledgewood, NJ is $408,900 as of Oct 21, 2026. The likely range is $392,853 to $424,947. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 131 Drake Ln, Ledgewood, NJ last sell?

131 Drake Ln, Ledgewood, NJ last sold on Apr 16, 2002 for $172,000, according to the county's recorded deed.

How big is 131 Drake Ln, Ledgewood, NJ?

131 Drake Ln, Ledgewood, NJ has 2 bedrooms, 1,213 square feet of living space and a 0.19-acre lot.

When was 131 Drake Ln, Ledgewood, NJ built?

131 Drake Ln, Ledgewood, NJ was built in 1989, making it 37 years old.

How does 131 Drake Ln, Ledgewood, NJ compare to other homes in Ledgewood 07852?

Among the 1,300 homes in Ledgewood 07852, it is worth more than 13% of them ($408,900 against a typical $541,078), its price per square foot is higher than 60% of them ($337 against a typical $311), it is bigger than 22% of them (1,213 ft² against a typical 1,948 ft²), its lot is bigger than 8% of them (0.19 ac against a typical 0.23 ac) and it is newer than 39% of them (1989 against a typical 1998). Measured against all of Morris County, it is worth more than 7% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 131 Drake Ln, Ledgewood, NJ?

The 2024 property tax bill for 131 Drake Ln, Ledgewood, NJ was $5,690. The county assessed it at $207,000.

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