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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

DateEventPriceSource
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

YearBuildingLandTotal assessedTax 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 advice
Estimated 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 valuation
Quarterly 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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