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$850,000 Just Listed
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Property Description
Welcome to this beautifully maintained 2-bedroom, 2-bath home located in the highly sought-after 55+ community of The Regency in Flanders, NJ. This inviting residence offers a spacious open-concept layout with high ceilings, creating a bright, airy feel that?s perfect for both everyday living & entertaining. The updated kitchen features modern finishes & flows seamlessly into the dining & living areas. In addition to the two generously sized bedrooms, a versatile bonus room provides the ideal space for a home office, den, or hobby room. Enjoy the convenience of a 2-car garage w/ walk-up storage space above. Step outside to your private patio & take in peaceful, unobstructed views of nature, offering exceptional privacy and tranquility. Residents of The Regency enjoy amenities that include a clubhouse, fitness center, outdoor pool, and tennis courts, fostering an active and social lifestyle. Don?t miss this opportunity to enjoy low-maintenance living in one of Flanders? premier active adult communities!
Full Property Details
Full Property Details for 56 Drake Way
General
- Price: $850,000
- HOA FEE: $300/month
- Taxes: $14,224 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4019508
- Updated: 4/11/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 7
- 2nd Floor/Level 2: Attic
- 1st Floor/Level 1: Bedroom 2, Main Bath, Other Bath, Breakfast Room, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Office
- Interior Features: Blinds, Carbon Monoxide Detector, High Ceilings, Smoke Detector, Walk-In Closet
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas Fireplace
- Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave, Gas Range and Oven, Refrigerator, Washer
- Flooring: Carpeting, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 1st Floor
- Bedroom 1: 19 x 13, First
- Bedroom 2: 12 x 11, First
Other Rooms
- Family Room: 18 x 15, First
- Kitchen: Eat-In Kitchen, 12 x 11, First
- Dining Room: Living/Dining Combo, 11 x 11, First
- Den: 11 x 11, First
- Breakfast: 11 x 10, First
Additional Information
- Shared Amenities: Club House, Exercise Room, Jogging/Biking Path, Pool-Outdoor, Tennis Courts
- Pool: Yes
- Pool Description: Association Pool
Exterior
- Exterior Features: Patio, Tennis Courts
Parking
- Garage: Yes
- Garage Spaces: 2
- Uncovered Spaces: 2
- Garage Description: Attached Garage
Location
- County: Morris
- Subdivision: The Regency At Flanders
- Driving Directions: Pleasant Hill Rd to Marveland Blvd and left onto Drake Way
Community
- Community Living: Yes
- Assoc. Fees Include: Maintenance-Common Area, Snow Removal, Trash Collection
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: Ranch
- Roof: Asphalt Shingles
- Year Built: 2019
Lot Features
- Lot Size: 6670
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Association Fee: $300
- Assoc Fee Freq.: Monthly
- Assessment Amount: $422,600
- Land Assmt: $210,000
- Tax Amount: $14,224
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Disclosures: Yes
- APN: 2327-06000-0000-00005-0029-
- Block: 6000
- Lot Number: 5.029
Listed by Compass New Jersey, Llc
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Schools
Schools serving 56 Drake Way
School District:Mount Olive Township School District
| Name | Grades | Distance |
|---|---|---|
Mountain View Elementary School 118 Clover Hill Drive, Mount Olive, NJ 07836 | PK-5 | 0.3 mi |
Mt Olive Middle School 160 Wolfe Road, Mount Olive, NJ 07828 | 6-8 | 3.1 mi |
Mt Olive High School 18 Corey Road, Mount Olive, NJ 07836 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 56 Drake Way
Date
Details
Price
Change
Source
4/11/2026
Listed
$850,000
55.4%
MLS
6/29/2020
Sold
$546,985
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 56 Drake Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,305
4%
$422,600
—
2022
$13,815
—
$422,600
—
2021
$13,777
—
$422,600
833%
2021
$13,777
830%
$45,300
—
2018
$1,481
2%
$45,300
—
2017
$1,455
3%
$45,300
—
2016
$1,409
1%
$45,300
—
2015
$1,398
-7%
$45,300
—
2019
$1,496
—
$45,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 56 Drake Way
56 Drake Way, Mount Olive, NJ 07836 (MLS# 4019508) is a Single Family property with 2 bedrooms and 2 full bathrooms. 56 Drake Way is currently listed for $850,000 and was received on April 11, 2026. Want to learn more about 56 Drake Way? Do you have questions about finding other Single Family real estate for sale in Flanders? You can browse all Flanders real estate or contact a Coldwell Banker agent to request more information.

