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CondominiumResidential
$413,485$322 / 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 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $365,000 on May 23, 2023

506 CLEVELAND LN

ROCKAWAY, NJ 07866
0
Baths
1,286 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.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
2000
Year BuiltThe year the home was originally built, according to county records.

Valuation

$413K
$386K low$441K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$365,000 · May 23, 2023
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$413,485
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$330,788

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,269 (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.$381,700 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$160,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$221,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$349,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$381,700

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.6 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.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.13
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Catherine a Dwyer Elementary SchoolA-
Elementary · Grades KG–5 · 0.7 mi
M
Copeland Middle SchoolC+
Middle · Grades 6–8 · 1.1 mi
H
Morris Knolls High SchoolB-
High · Grades 9–12 · 2.6 mi

District: Rockaway Township School District

Neighborhood · ZIP 07866These 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.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.101

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.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.22,161
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.982 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$116,734
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$149,991
Average tempThe average temperature here across a full year.49°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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

506 Cleveland 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 92% of homes in Rockaway 07866
  • Costs less per square foot than 70% of homes in Morris County
  • Smaller than 83% of homes in Morris County
  • Has a smaller lot than 85% of homes in Morris County
  • Newer than 91% of homes in Rockaway 07866

What homes are worth in Rockaway 07866

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

This home
$299K$1M

This home is worth more than 8% of homes in Rockaway 07866.

How it measures up in Rockaway 07866

The dot is this home. The mark in the middle is the typical home in Rockaway 07866.

Estimated value$413,485
CheaperTypical $568,097Pricier

Pricier than 8% of homes nearby

Price per ft²$322
CheaperTypical $342Pricier

Pricier than 38% of homes nearby

Living area1,286 ft²
SmallerTypical 1,656 ft²Bigger

Bigger than 25% of homes nearby

Lot size0.13 ac
SmallerTypical 0.24 acBigger

Bigger than 21% of homes nearby

Year built2000
OlderTypical 1965Newer

Newer than 91% of homes nearby

How 506 Cleveland Ln ranks against every home in each area.
MeasureThis homeRockaway 07866Morris County
Estimated valuepricier than$413,4858% of homes8% of homes
Price per ft²pricier than$32238% of homes30% of homes
Living areabigger than1,286 ft²25% of homes17% of homes
Lot sizebigger than0.13 ac21% of homes15% of homes
Year builtnewer than200091% of homes89% of homes

About 506 Cleveland Ln

How much is 506 Cleveland Ln, Rockaway, NJ worth?

The TopHap Estimate for 506 Cleveland Ln, Rockaway, NJ is $413,485 as of Jul 14, 2026. The likely range is $385,757 to $441,213. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 506 Cleveland Ln, Rockaway, NJ last sell?

506 Cleveland Ln, Rockaway, NJ last sold on May 23, 2023 for $365,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 506 Cleveland Ln, Rockaway, NJ?

506 Cleveland Ln, Rockaway, NJ has 1,286 square feet of living space and a 0.13-acre lot.

When was 506 Cleveland Ln, Rockaway, NJ built?

506 Cleveland Ln, Rockaway, NJ was built in 2000, making it 26 years old. It is a condo/apartment home.

What schools serve 506 Cleveland Ln, Rockaway, NJ?

506 Cleveland Ln, Rockaway, NJ is assigned to Catherine a Dwyer Elementary School (elementary), rated A-; Copeland Middle School (middle), rated C+; Morris Knolls High School (high), rated B-. All sit in Rockaway Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 Cleveland Ln, Rockaway, NJ compare to other homes in Rockaway 07866?

Among the 8,204 homes in Rockaway 07866, it is worth more than 8% of them ($413,485 against a typical $568,097), its price per square foot is higher than 38% of them ($322 against a typical $342), it is bigger than 25% of them (1,286 ft² against a typical 1,656 ft²), its lot is bigger than 21% of them (0.13 ac against a typical 0.24 ac) and it is newer than 91% of them (2000 against a typical 1965). Measured against all of Morris County, it is worth more than 8% 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 506 Cleveland Ln, Rockaway, NJ?

The 2024 property tax bill for 506 Cleveland Ln, Rockaway, NJ was $8,269. The county assessed it at $381,700.

Closest homes

More homes in Rockaway 07866

Assigned schools

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