48 PRENTICE LN
Mendham, NJ 07945
(on 5.04 acres)
Home Value
Trulia Estimate
$895KSince last month
Decreased$66K (-6.9%)Since last year
Increased$16K (+1.9%)Since last sale
Increased$158K (+21.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -23% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $895K |
| July 2026 | $961K |
| June 2026 | $985K |
| May 2026 | $919K |
| April 2026 | $944K |
| March 2026 | $868K |
| February 2026 | $814K |
| January 2026 | $828K |
2025 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.17 | Lot/Land | $887,000 | 12/31/25 | - | - | ||
1.00 | Lot/Land | $840,000 | 12/31/25 | - | - | ||
1.11 | Lot/Land | $1,137,500 | 06/08/26 | - | - | ||
1.23 | Lot/Land | $1,300,000 | 09/15/25 | - | - | ||
1.25 | Lot/Land | $1,137,500 | 06/08/26 | - | - | ||
1.43 | Lot/Land | $300,000 | 03/30/26 | - | - | ||
1.30 | Lot/Land | $775,000 | 04/13/26 | - | - | ||
1.93 | Lot/Land | $540,000 | 04/09/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.15 | $1,659,000 | 4 | 4 | - | Off Market | |
0.25 | $995,000 | 3 | 3 | - | Recently Sold | |
0.29 | $942,400 | 3 | 2 | - | Off Market | |
0.32 | $1,419,000 | 5 | 6 | - | Off Market | |
0.33 | $1,830,800 | 5 | 5 | - | Off Market | |
0.34 | $5,995,000 | 6 | 5.5 | - | For Sale | |
0.38 | $1,029,000 | 4 | 3 | - | Off Market | |
0.37 | $1,503,400 | 5 | 4 | - | Off Market | |
0.39 | $4,500,000 | 6 | 5.5 | - | For Sale | |
0.42 | $1,149,200 | 3 | 4 | - | Off Market | |
0.43 | $1,799,000 | 6 | 4 | 4,508 | For Sale |
Local Information
- Map ViewExplore the area around 48 PRENTICE LN.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
5.04 acres
About this House
This lot/land is located at 48 PRENTICE LN, Mendham, NJ. 48 PRENTICE LN is in Mendham, NJ and in ZIP code 07945. This property has a lot size of 5.04 acres.
48 PRENTICE LN, Mendham, NJ 07945 is a lot/land. It last sold for $737,500 on Sep 12, 2023 (2% below the $750,000 asking price). It is currently off market. The Trulia Estimate is $895,200, with a rent estimate of $3,262/month.
Last check for updates: about 19 hours ago
Listed by Carolyn Fahey, (908) 204-0600
Fahey Realtors
Bought with: Steinar Knutsen
Source: GSMLS, MLS#3673329
Home Details for 48 PRENTICE LN
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MLS Status: Closed |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
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Price List Price: $750,000 |
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Direction & Address City: Mendham Boro |
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Lot Area: 5.04 Acres |
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Mls Number: 3673329Attribution Contact: 908-204-0600 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 12, 2023 Source: GSMLS #3673329 | Sold | $737,500 |
Aug 29, 2023 Source: GSMLS #3673329 | Pending | $750,000 |
Apr 6, 2023 Source: GSMLS #3673329 | PriceChange | $750,000 Price decreased by 25% |
Oct 4, 2021 Source: GSMLS #3673329 | Listed For Sale | $995,000 |
Aug 10, 2021 Source: GSMLS #3673329 | ListingRemoved | |
Oct 4, 2019 Source: Agent Provided | PriceChange | $995,000 Price decreased by 15% |
Mar 28, 2019 Source: Agent Provided | PriceChange | $1,175,000 Price decreased by 8% |
Aug 2, 2018 Source: Agent Provided | PriceChange | $1,275,000 Price decreased by 64% |
Jul 22, 2018 Source: Agent Provided | PriceChange | $3,495,000 Price increased by 174% |
Jul 11, 2018 Source: Agent Provided | Listed For Sale | $1,275,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $20,954 | $851,800 |
Home facts updated by county records
Market trends in Mendham
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
28
2MoM
Around this home
What Locals Say about Mendham
At least 49 Trulia users voted on each feature.
95 % Say parking is easy
95 % Say car is needed
87 % Say there's wildlife
84 % Say there's holiday spirit
81 % Say it's dog friendly
80 % Say it's quiet
76 % Say yards are well-kept
73 % Say people would walk alone at night
72 % Say neighbors are friendly
68 % Say they plan to stay for at least 5 years
63 % Say kids play outside
61 % Say there are community events
50 % Say there are sidewalks
46 % Say it's walkable to restaurants
45 % Say it's walkable to grocery stores
37 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Frequently asked questions about 48 PRENTICE LN
- What is 48 PRENTICE LN estimated to be worth?Trulia's estimated value for 48 PRENTICE LN in Mendham, NJ is $895,200.
- What is the price history for 48 PRENTICE LN?48 PRENTICE LN in Mendham, NJ last sold for $737,500 in September 2023.
- Is Mendham a buyer's or seller's market?Mendham is currently a seller's market, based on recent for-sale activity.
- What do residents say about Mendham?Residents describe Mendham, NJ as easy to park in, dog-friendly, and quiet. Most residents say you need a car. See recently sold homes in Mendham, NJ.
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