Sold
Last Sold Price
4 beds
198 Lake Rd, Morristown, NJ 07960
Single FamilyProperty Type
1 acresLot Size
1979Year Built
2 carsParking Spaces

Description

Spacious and inviting Center Hall Colonial on an acre of property backing to woods with a fenced-in backyard. Enjoy the totally renovated kitchen with an abundance of cabinets, counter space, center island, granite counters, stainless appliances, and a sliding door to an oversized deck overlooking the spacious yard. The family room is adjacent to the kitchen with a beautiful wood burning fireplace. Formal living room, dining room, & first floor laundry. The second floor features four sizable bedrooms...Spacious and inviting Center Hall Colonial on an acre of property backing to woods with a fenced-in backyard. Enjoy the totally renovated kitchen with an abundance of cabinets, counter space, center island, granite counters, stainless appliances, and a sliding door to an oversized deck overlooking the spacious yard. The family room is adjacent to the kitchen with a beautiful wood burning fireplace. Formal living room, dining room, & first floor laundry. The second floor features four sizable bedrooms & open office - all with hardwood floors. The finished basement has recently been painted with new ceiling tiles plus additional storage & access to a large two-car garage. Close to Direct Train to NYC, Major Highways, Patriots Path, Township Pool, and Downtown Morristown.
Listing closed: 09/14/2020 12:00 AM • Source: GSMLS Back Office, MLS#: 3651518

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Recent comparable sales

Median sold price

$765,000

Avg days on market

39

Sale-to-list ratio

101.6%

Morristown, NJ

9 comparable properties found

1

$765,000

Sold 05/22/25

4
Bedrooms
Unavailable
Square Feet
0.85
Acres
2

$662,500

Sold 12/10/24

4
Bedrooms
1,919
Square Feet
0.11
Acres
3

$730,000

Sold 08/07/26

4
Bedrooms
2,036
Square Feet
0.34
Acres
4

$810,000

Sold 12/20/24

4
Bedrooms
Unavailable
Square Feet
0.33
Acres
5

$780,000

Sold 06/25/26

4
Bedrooms
Unavailable
Square Feet
0.18
Acres
6

$845,750

Sold 06/04/25

4
Bedrooms
Unavailable
Square Feet
0.19
Acres
7

$850,000

Sold 02/13/26

4
Bedrooms
Unavailable
Square Feet
0.28
Acres
8

$630,000

Sold 11/24/25

4
Bedrooms
Unavailable
Square Feet
0.14
Acres
$600,000 | 11 Lakeside Place, Morristown, NJ 07960
1/41
9

$600,000

Sold 05/06/25

4
Bedrooms
Unavailable
Square Feet
0.06
Acres

Location

Listing Courtesy of COLDWELL BANKER REALTY, RYAN BRUEN

Sold By COLDWELL BANKER REALTY, CATHY A. OETTINGER

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$4,188 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,360

Property Taxes

$828

HOA Dues

$0

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Property Information for 198 Lake Road

Property Details
  • Taxes: $9,940 / year
  • MLS Type: Residential
  • Style: Colonial
  • Directions: Hanover Avenue to Ketch to Lake/Sussex Avenue to Ketch to Lake
  • Days On Market: 7
  • Pets Allowed: Yes
  • Primary Style: Colonial
Building Information
  • Year Built: 1979
  • Lot Size: 1.00 AC / 43,560 SF
Summary
Location and General Information
  • Zoning: Residential
  • Middle/Jr High School: Frelghuysn
  • Grade School: Alfredvail
  • High School: Morristown
  • Active Days on Market: 7
  • County #: Morris
  • Town Name: Morris Twp.
  • Community Living: No
  • Block Identifier: 1201
  • Listing Type: Exclusive Right to Sell
  • Town #: 2324.0
  • Street # Display: 198.0
  • In-Law Suite: No
  • County Or Parish: Morris
  • Street Name: LAKE RD
  • Zip Code: 07960-2721
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Code Tax: *
  • County Tax: *
  • Tax Amount: $9,940
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 542300.0
  • Tax ID For Property: 2322-01201-0000-00015-0000-
  • Tax Id Tax: *
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year: 2019
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Blacktop
  • # Garage Spaces: 2
  • Garage Description: Attached Garage, Garage Door Opener
Property
Lot Information
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer
  • Lot Description: Backs to Park Land, Level Lot
  • Lot Identifier: 15
  • Approximate Lot Size: 1.00 AC
  • Total Acres: 1.0
  • Construction Date/Year Built: 1979
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 321100.0
  • Assessment Land: 221200.0
  • Farm Assessment: No
Utilities
  • Cooling: 1 Unit, Central Air, House Exhaust Fan
  • Services: Cable TV Available, Garbage Included
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Handicap Modified: No
  • Heating: 1 Unit, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Exterior Description: Clapboard
  • Exterior Features: Curbs, Deck, Metal Fence, Sidewalk, Storage Shed
Interior Features
  • Interior Features: CODetect, FireExtg, SmokeDet, StallShw, TubShowr, WlkInCls
  • Flooring: Carpeting, Tile, Wood
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished, Full
  • Primary Bath Features: Stall Shower
  • # Baths: 2.1
  • # Full Baths: 2
  • # Half Baths: 1
  • Bedroom 1 Level: Second
  • Bedroom 1 Dim: 18x13
  • Bedroom 2 Level: Second
  • Bedroom 2 Dim: 14x11
  • Bedroom 3 Level: Second
  • Bedroom 3 Dim: 15x11
  • Bedroom 4 Level: Second
  • Bedroom 4 Dim: 11x13
  • # Bedrooms: 4
  • Dining Room Dim: 14x13
  • Easement Desc: Sewer
  • Easement: Yes
  • Family Room Dim: 19x13
  • Fireplace Desc: Family Room, Wood Burning
  • # Fireplaces: 1
  • Kitchen Dim: 20x13
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Basement Level Rooms: Rec Room, Storage Room, Utility Room
  • Living Room Dim: 19x13
  • Dining Area: Formal Dining Room
  • Dining Room Level: First
  • Family Room Level: First
  • Other Room 1 Dim: 6x10
  • Other Room 2 Dim: 14x24
  • Other Room 3 Dim: 18x7
  • Other Room 4 Dim: 11x18
  • Living Room Level: First
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Office
  • Level 3 Rooms: Attic
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • # Rooms: 9
  • Other Room 3: Laundry Room
  • Other Room 1 Level: First
  • Other Room 4: Rec Room
  • Other Room 2 Level: Basement
  • Other Room 5: Office
  • Other Room 3 Level: Second
  • Other Room 6: Utility Room
  • Other Room 4 Level: Basement
Rental
Rental Information
  • Home Warranty: false

Property History for 198 Lake Road

DateEvent & SourcePriceAppreciation
Sep 14, 2020

Sold

GSMLS #3651518

$650,198
Sep 11, 2020

Sold (Public Record)

Public Record #681616589

$650,198
Aug 4, 2020

Off Market

GSMLS #3651518

DateEvent & SourcePrice
09/14/2020

Sold

GSMLS #3651518

$650,198
09/11/2020

Sold (Public Record)

Public Record #681616589

$650,198
08/04/2020

Off Market

GSMLS #3651518

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 198 Lake Road

Taxable ValueLand$221,200Additions$349,200Total$570,400
Tax Record2024$11,419 ($952 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories2Lot Size43,560 SqFtStyleSingle Family ResidenceYear Built1979Year Renovated1979ZoningR25CCountyMORRISAPN22-01201-0000-00015

Schools near 198 Lake Road

This home is within Morris School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - K to 2
Public - K to 2
Public - K to 5
Rating
School
Distance
Woodland School
PublicK to 2

Hillcrest Elementary School
PublicK to 2

Alfred Vail Elementary School
PublicK to 2

Normandy Park School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 198 Lake Road, Morristown, NJ 07960
$650,198
4
43,560
5
3.5
3,416
43,560
$620,000
4
43,560
$650,000
4
2,643
43,560
4
2.5
2,764
43,560
3
3.5
2,344
43,560

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, RYAN BRUEN

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 09/22/2026 03:47 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 09/22/2026 03:47 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.