50 Drakestown Rd

5,900 Sq. Ft.
$492 / Sq. Ft.
5,900
Sq. Ft.
$492
per Sq. Ft.

Description

Unique Property. Victorian Mansion. 35.09 acres of improved land with an extensive array of existing structures and amenities. Due to Highlands regulations, further subdivision or redevelopment is restricted, making this ideal for a buyer seeking to rehabilitate, restore, or continue use of the existing improvements. At the heart of the property is a Victorian era residence showcasing historic craftsmanship. Home features fireplaces, hardwood flooring, stonework, current permit for 10 furnished rooms...Unique Property. Victorian Mansion. 35.09 acres of improved land with an extensive array of existing structures and amenities. Due to Highlands regulations, further subdivision or redevelopment is restricted, making this ideal for a buyer seeking to rehabilitate, restore, or continue use of the existing improvements. At the heart of the property is a Victorian era residence showcasing historic craftsmanship. Home features fireplaces, hardwood flooring, stonework, current permit for 10 furnished rooms in main house. An efficiency apartment in main residence The expansive grounds include several multifamily residential buildings with rental potential, approx 24 one room cabins, and rec hall. The property features sheds, workshops & utility buildings, Additional amenities include designated trailer and RV sites with existing infrastructure, 6 established campsite pads with fire pits. Electric service throughout the grounds supporting a variety of recreational and operational uses including an inground pool with picnic area, hot tub, sun deck, volleyball & shuffleboard courts. The expansive layout and existing features provide flexibility for a variety of permitted uses, The property does require rehabilitation and is best suited for a buyer with vision who understands the value of improving and maintaining existing structures within the Highlands framework. A rare opportunity to acquire a large, improved tract with historic character.
  1. Listed by JESSICA CRAIG • COLDWELL BANKER REALTY
  2. Listed by MICHELE BLINN-BARREIRO • COLDWELL BANKER REALTY

Property Details for 50 Drakestown Road

Style
Custom Home, Victorian
Directions
46W Right onto Drakestown Rd, Turn right into driveway.
Days On Market
13
Pets Allowed
Yes
Primary Style
Custom Home
LISTING UPDATED: 03/10/2026 08:45 PM

Property Details for 50 Drakestown Road

StatusActive
MLS #4011393
Days on Market25
Taxes$32,431 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1820
Lot Size35.09 AC / 1,528,520 SF
CountyMorris County

Location

Listing Courtesy of COLDWELL BANKER REALTY, JESSICA CRAIG; COLDWELL BANKER REALTY, MICHELE BLINN-BARREIRO
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Building Information for 50 Drakestown Road

Stories-Year Built1820Building Size-Lot Size35.09 AC / 1,528,520 SF

Payment Calculator

$16,777 per month

30 year fixed, 6.11% Interest

Principal and Interest

$14,074

Property Taxes

$2,703

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 50 Drakestown Road

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 13
  • County #: Morris
  • Town Name: Mount Olive Twp.
  • Community Living: Yes
  • Block Identifier: 8300
  • Listing Type: Exclusive Right to Sell
  • Town #: 2327.0
  • Street # Display: 50.0
  • In-Law Suite: Yes
  • In-Law Suite Description: Bedroom 1, Full Bath
  • # Parking Spaces: 20
  • County Or Parish: Morris
  • Street Name: Drakestown Rd
  • Zip Code: 07840-5648
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • County Code Tax: *
  • County Tax: *
  • Tax Amount: $32,431
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 963500.0
  • Tax ID For Property: 2327-08300-0000-00016-0000-
  • Tax Id Tax: *
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Assoc/Maint Fee Freq: Annually
  • Assoc/Maint Fee: 0.0
Parking
  • Parking/Driveway Description: 1 Car Width, 2 Car Width, Circular, Paver Block
  • # Garage Spaces: 2
  • Garage Description: Detached Garage
Property
Lot Information
  • Appliances: Carbon Monoxide Detector, Dishwasher
  • Approx Sq Ft: 5900.0
  • Lot Description: Corner, Open Lot, Wooded Lot
  • Lot Identifier: 16
  • Approximate Lot Size: 35.09 AC
  • Total Acres: 35.09
  • Construction Date/Year Built: 1820
  • Construction Date/Year Built Des: Historical
Property and Assessments
  • Assessment Bldg: 663500.0
  • Assessment Land: 300000.0
  • Farm Assessment: No
Utilities
  • Cooling: See Remarks
  • Utilities: See Remarks
  • Water: Public Water
  • Handicap Modified: No
  • Heating: See Remarks
  • Fuel Type: Oil Tank Below Ground
  • Sewer: Cesspool, See Remarks, Septic
  • Amenities: Club House, Pool-Outdoor, Storage
Interior and Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Exterior Description: Wood
  • Exterior Features: Deck, Open Porch(es), Outbuilding(s), Patio, Storage Shed, Workshop
Interior Features
  • Interior Features: Beam Ceilings, High Ceilings
  • Flooring: Carpeting, Tile, Wood
  • Roof Description: Rubberized, Slate
  • Basement: Yes
  • Basement Description: Unfinished
  • Primary Bath Features: Stall Shower And Tub
  • # Baths: 3.0
  • # Full Baths: 3
  • # Half Baths: 0
  • # Bedrooms: 10
  • Easement: Unknown
  • Fireplace Desc: Non-Functional, Wood Stove-Freestanding
  • # Fireplaces: 3
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Basement Level Rooms: Storage Room
  • Dining Area: Formal Dining Room
  • Dining Room Level: First
  • Family Room Level: First
  • Living Room Level: First
  • Level 1 Rooms: 1Bedroom,Atrium,DiningRm,GreatRm,Kitchen,Leisure,Porch
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 4 Or More Bedrooms, Bath Main
  • Master Bedroom Desc: Full Bath
  • # Rooms: 15
  • Other Room 3: Atrium
  • Other Room 1 Level: First
Rental
Rental Information
  • Home Warranty: false

Property History for 50 Drakestown Road

DateEvent & SourcePriceAppreciation
Feb 25, 2026

Listed (Active)

GSMLS #4011393

$2,900,000
DateEvent & SourcePrice
02/25/2026

Listed (Active)

GSMLS #4011393

$2,900,000

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

Public Records for 50 Drakestown Road

Taxable ValueLand$3,800Additions-Total$3,800
Tax Record2024$129 ($11 / month)
Home Facts
Lot Size1,089,000 SqFtStyleFarmsZoningR-1CountyMORRISAPN27 08300-0000-00016-0000-QFARM

Schools near 50 Drakestown Road

This home is within Mount Olive Township School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Sandshore Road Elementary School
PublicK to 5

Mt Olive Middle School
Public6 to 8

Mt Olive High School
Public9 to 12

Chester M Stephens 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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50 Drakestown Road is a single family home for sale in Hackettstown, NJ 07840. This property was listed for sale on February 25, 2026 by COLDWELL BANKER REALTY, it's currently listed at $2,900,000. This listing's school district is Mount Olive Township School District. Nearby schools include Sandshore Road Elementary School, Mt Olive Middle School and Mt Olive High School. 50 Drakestown Road is a 10-bed, 3-bath, 5,900 sqft single family home built in 1820.

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.

Listing Courtesy of COLDWELL BANKER REALTY, JESSICA CRAIG; COLDWELL BANKER REALTY, MICHELE BLINN-BARREIRO

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: 03/23/2026 03:15 PM. 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: 03/23/2026 03:15 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.