242 Lake Road

Morristown, NJ 07960

$999,000
Price
4
Beds
2
Baths
1,822 Sq. Ft.
$548 / Sq. Ft.
1,822
Sq. Ft.
$548
per Sq. Ft.

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 # 3899339. If rented it will be withdrawn from sale. If sold it will not be rented.
  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
13
Primary Style
Custom Home

Location

Listing Courtesy of BHHS FOX & ROACH, THOMAS MATHEW
Add your commute
LISTING UPDATED: 05/01/2024 06:17 PM

Property Details for 242 Lake Road

StatusActive
MLS #3896955
Days on Market13
Taxes$12,056 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family/Apt
Year Built1932
Lot Size5.73 AC / 249,598 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 Size5.73 AC / 249,598 SF

Payment Calculator

$6,457 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$1,005

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 242 Lake Road

Summary
Location and General Information
  • Zoning: R35C
  • Active Days on Market: 13
  • 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: *
  • County Code Tax: *
  • County Tax: *
  • Tax Amount: $12,056
  • 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: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID 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: 5.73 AC
  • Total Acres: 5.73
  • 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
DateEvent & SourcePrice

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 Record2022$11,743 ($979 / 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
Public - PK to 2
Public - PK to 2
Public - K to 2
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.

Similar Homes

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Similar Sold Homes

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242 Lake Road is a single family home for sale in Morristown, NJ 07960. This property was listed for sale on April 18, 2024 by BHHS FOX & ROACH, it's currently listed at $999,000. It has been on the market for a total of 13 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 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 05/01/2024 09:44 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.