56 Sovereign Dr
Mount Olive Township, NJ 07836
5 bd 5 ba 5,317 sqft Built 2015 Lot 76,230 sqft single_family
Most recent sale
$901,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 22, 2025 | Sold | $1,275,000 | GardenState |
| Dec 5, 2024 | Listed | $1,200,000 | GardenState |
| Oct 7, 2022 | Sold | $901,000 | MLS #3798767 |
| Jul 28, 2022 | Listed | $899,000 | MLS #22028250 |
| Jul 27, 2022 | Listed | $899,000 | MLS #3798767 |
| Jul 26, 2022 | Listed | $899,000 | MLS #2301286R |
| May 16, 2022 | Price changed | $959,000 | MLS #3775418 |
| Apr 14, 2022 | Listed | $1,049,000 | MLS #3775418 |
| Jun 17, 2015 | Sold | $794,455 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $560,400 | $166,900 | $727,300 | $25,215 |
| 2024 | $560,400 | $166,900 | $727,300 | $25,346 |
| 2023 | $560,400 | $166,900 | $727,300 | $23,906 |
| 2022 | $560,400 | $166,900 | $727,300 | $24,495 |
| 2021 | $560,400 | $166,900 | $727,300 | $24,422 |
| 2020 | $560,400 | $166,900 | $727,300 | $24,095 |
| 2019 | $560,400 | $166,900 | $727,300 | $24,015 |
| 2018 | $546,700 | $166,900 | $713,600 | $23,334 |
| 2017 | $546,700 | $166,900 | $713,600 | $22,927 |
| 2016 | $531,300 | $166,900 | $698,200 | $21,721 |
| 2015 | — | $83,400 | $83,400 | $2,574 |
| 2014 | — | $83,400 | $83,400 | $2,577 |
| 2013 | — | $83,400 | $83,400 | $2,552 |
| 2012 | — | $83,400 | $83,400 | $2,501 |
| 2011 | — | $83,400 | $83,400 | $2,463 |
| 2010 | — | $85,600 | $85,600 | $2,486 |
| 2009 | — | $118,800 | $118,800 | $2,822 |
| 2008 | — | $118,800 | $118,800 | $2,690 |
| 2007 | — | $61,300 | $61,300 | $2,452 |
Property facts
Year built
2015
Property type
single_family
Stories
—
Beds
5
Baths
5
Living area
5,317 sqft
Lot size
76,230 sqft
ZIP code
07836
City
Mount Olive Township
Street
Sovereign Dr
Coordinates
40.87512, -74.70809
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,976
Gross rental yield
10.62%
Implied cap rate
6.90%
Trend-extrapolated value
—
Frequently asked questions
When did 56 Sovereign Dr last sell?
56 Sovereign Dr most recently sold on Oct 7, 2022 for $901,000.
What is the current tax assessment for 56 Sovereign Dr?
The most recent total assessment for 56 Sovereign Dr (year 2025) is $727,300 with $25,215 in property tax.
How does 56 Sovereign Dr's assessment compare to its last sale price?
The current assessment is 19.3% below the last sale price of $901,000.
When was 56 Sovereign Dr built?
56 Sovereign Dr was built in 2015.
How does 56 Sovereign Dr compare to others on Sovereign Dr?
We track 8 other properties on Sovereign Dr. Browse the list under "Other properties on Sovereign Dr" to compare beds, baths, and sale history.
What are the property facts for 56 Sovereign Dr?
56 Sovereign Dr is a 5 bed, 5 bath, 5,317 sqft, 76,230 sqft lot single_family.
Is 56 Sovereign Dr a flip candidate?
No — 56 Sovereign Dr does not appear in our flips dataset.
Is 56 Sovereign Dr a tax-appeal candidate?
No — 56 Sovereign Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$589K
2026 Q4
$587.9K
ZIP 07836 — Median Price History + Forecast
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