242 Lake Rd

Morristown, NJ 07960

$1,110,111
Price
4
Beds
1,822 Sq. Ft.
$609 / Sq. Ft.
1,822
Sq. Ft.
$609
per Sq. Ft.
a front view of a house with a yard
a view of an outdoor space and deck
a view of a lush green field
an aerial view of a house with a yard
a view of a play ground in front of the house
a view of a house with a yard
an aerial view of a house with a garden
a front view of a house with garden
a view of a swimming pool with a yard
a view of a swimming pool with a yard
an aerial view of a house with a yard and a fountain
an aerial view of a house with a yard and lake view
a front view of a house with a yard
a view of house with outdoor space and porch
a front view of house with yard and green space
a view of a yard with a house
a living room with a fireplace and a wooden floor
a view of a hallway with a door and stairs
a view of entryway with wooden floor and fire place
a view of empty room with wooden floor and fireplace
a living room with a fireplace and a floor
a living room with a fireplace and a wooden floor
an empty room with wooden floor and windows
a view of a livingroom with furniture a fireplace and wooden floor
a kitchen with white cabinets appliances a sink and a window
a kitchen with granite countertop a sink stove and refrigerator
a kitchen with a sink stove and cabinets
a kitchen with granite countertop a refrigerator and a sink
a kitchen with a stove cabinets and a window
a view of empty room with wooden floor and fan
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a bathroom with a toilet a sink and shower
a bathroom with a granite countertop sink a toilet and a mirror
a utility room with dryer and washer
a view of a back yard from a balcony
a view of outdoor space with backyard
a view of empty room with windows
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a view of a room with gym equipment
a view of a lake with a yard
a front view of a house with a yard
a front view of a house with a yard
a view of a house with backyard and garden

Description

A stunning private property set on 5.73 Acres including your own lake! A unique property for the most discerning owner. There's a patio surrounded with the lush park-like acreage. The open floor plan features four bedrooms and two baths. The brand-new kitchen includes quartz countertops and stainless-steel appliances. Key features include new high efficiency heating and cooling system, newly remodeled bathrooms with tasteful finishes throughout! Only three miles from Morristown's fine dining, shopping,...A stunning private property set on 5.73 Acres including your own lake! A unique property for the most discerning owner. There's a patio surrounded with the lush park-like acreage. The open floor plan features four bedrooms and two baths. The brand-new kitchen includes quartz countertops and stainless-steel appliances. Key features include new high efficiency heating and cooling system, newly remodeled bathrooms with tasteful finishes throughout! Only three miles from Morristown's fine dining, shopping, and entertainment, but feels like a private oasis. Under 3.5 Miles from either Morris Plains or Morristown Train Station.. Also listed for rent, see #
  1. Listed by THOMAS MATHEW • BHHS FOX & ROACH

Property Details for 242 Lake Road

Style
Custom Home
Directions
Sussex Ave to Lake Road
Days On Market
3
Primary Style
Custom Home
LISTING UPDATED: 12/09/2025 06:44 PM

Property Details for 242 Lake Road

StatusActive
MLS #4001090
Days on Market20
Taxes$12,038 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1932
Lot Size5.83 AC / 253,954 SF
CountyMorris County

Location

Listing Courtesy of BHHS FOX & ROACH, THOMAS MATHEW
Add your commute

Building Information for 242 Lake Road

Stories-Year Built1932Building Size-Lot Size5.83 AC / 253,954 SF

Payment Calculator

$6,489 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,485

Property Taxes

$1,003

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 242 Lake Road

Summary
Location and General Information
  • Zoning: R35C
  • Address Included: Y
  • Active Days on Market: 3
  • County #: Morris
  • Town Name: Morris Twp.
  • Community Living: No
  • Block Identifier: 1403
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Brick
  • Town #: 2324.0
  • Street # Display: 242.0
  • # Parking Spaces: 2
  • County Or Parish: Morris
  • Street Name: Lake Rd
  • Zip Code: 07960-2780
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: $12,038
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 601300.0
  • Tax ID For Property: 2322-01403-0000-00009-0000-
  • Tax Id Tax: *
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Blacktop, Circular
  • # Garage Spaces: 1
  • Garage Description: Built-In Garage, Inside Entrance
Property
Lot Information
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven-Electric, Refrigerator, See Remarks, Washer
  • Approx Sq Ft: 1822.0
  • Lot Description: Lake On Lot, Level Lot, Wooded Lot
  • Lot Identifier: 9
  • Approximate Lot Size: 5.83 AC
  • Total Acres: 5.83
  • Construction Date/Year Built: 1932
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 223600.0
  • Assessment Land: 377700.0
Utilities
  • Cooling: 1 Unit, Central Air
  • Services: Cable TV
  • Utilities: Electric
  • Water: Well
  • Water Heater: Electric
  • Heating: 1 Unit, Forced Hot Air
  • Fuel Type: Electric
  • Sewer: Septic
  • Amenities: Lake Privileges
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Exterior Description: Brick
  • Exterior Features: Barbeque, Open Porch(es), Patio, Storm Door(s), Storm Window(s)
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Flooring: Tile, Wood
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished, Full
  • # Baths: 2.0
  • # Full Baths: 2
  • # Half Baths: 0
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • # Bedrooms: 4
  • Easement Desc: Road access
  • Easement: Yes
  • Fireplace Desc: Living Room, Wood Burning
  • # Fireplaces: 1
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Basement Level Rooms: GarEnter,InsdEntr,Laundry,Utility
  • Dining Area: Formal Dining Room
  • Dining Room Level: First
  • Living Room Level: First
  • Level 1 Rooms: 1Bedroom,BathOthr,DiningRm,Vestibul,Kitchen,LivingRm,Porch,SeeRem
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Porch
  • Master Bedroom Desc: 1st Floor
  • # Rooms: 9
  • Other Room 1 Level: First
  • Other Room 4: Sunroom

Property History for 242 Lake Road

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Listed (Active)

GSMLS #4001090

$1,110,111—
Aug 30, 2024

Temporarily Off Market

GSMLS #3896955

—
Jun 7, 2024

Price Change

GSMLS #3896955

$949,000—
Apr 18, 2024

Price Change

GSMLS #3896955

$999,000—
Apr 18, 2024

Listed (Active)

GSMLS #3896955

$949,000—
Sep 30, 2016

Sold (Public Record)

Public Record #587679399

$363,000—
DateEvent & SourcePrice
12/09/2025

Listed (Active)

GSMLS #4001090

$1,110,111
08/30/2024

Temporarily Off Market

GSMLS #3896955

—
06/07/2024

Price Change

GSMLS #3896955

$949,000
04/18/2024

Price Change

GSMLS #3896955

$999,000
04/18/2024

Listed (Active)

GSMLS #3896955

$949,000
09/30/2016

Sold (Public Record)

Public Record #587679399

$363,000

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

Public Records for 242 Lake Road

Taxable ValueLand$377,700Additions$223,600Total$601,300
Tax Record2024$12,038 ($1,003 / month)
Home Facts
Beds4Total Finished SqFt1,822 SqFtAbove Grade Finished SqFt1,822 SqFtStories2Lot Size253,955 SqFtStyleSingle Family ResidenceYear Built1932ZoningR35CCountyMORRISAPN22 01403-0000-00009Fireplace TypeHas Fireplace

Schools near 242 Lake Road

This home is within Morris School District.
Rating
School
Type
Grades
Distance
Hillcrest Elementary School
Public - PK to 2
Alfred Vail Elementary School
Public - PK to 2
Woodland School
Public - K to 2
Normandy Park School
Public - K to 5
Rating
School
Distance
Hillcrest Elementary School
PublicPK to 2

Alfred Vail Elementary School
PublicPK to 2

Woodland 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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More information about 242 Lake Road, Morristown, NJ 07960

242 Lake Road is a single family home for sale in Morristown, NJ 07960. This property was listed for sale on December 9, 2025 by BHHS FOX & ROACH, it's currently listed at $1,110,111. It has been on the market for a total of 20 days and was last sold on September 30, 2016. This listing's school district is Morris School District. Nearby schools include Hillcrest Elementary School, Alfred Vail Elementary School and Woodland School. 242 Lake Road is a 4-bed, 2-bath, 1,822 sqft single family home built in 1932.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHHS FOX & ROACH, THOMAS MATHEW

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: 12/30/2025 01:42 AM. Source: New Jersey Multiple Listing Service, Inc. © 2025 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: 12/30/2025 01:42 AM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.