13 days on rocket

242 Lake Rd, Morris Twp, NJ, 07960

$999,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,822 SqFt
$548/SqFt
House
Schools Nearby

Location

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242 Lake Rd, Morristown$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Width, Blacktop, Circular, Built-In, InEntrnc
Attached Garage1 space
Year Built1932
HeatingForced Air, Electric
CoolingSingle Unit, Central Air
BasementYes
FireplaceLiving Room, Wood Burning
MLS #3896955
Lot Size5.73 Acres
StatusActive

About 242 Lake Rd

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 If rented it will be withdrawn from sale.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.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom Home
  • Year Built: 1932
  • Living Area: 1,822 SqFt

Listing Office:

  • Office Name: BHHS FOX & ROACH
  • Office Phone: (908) 273-0400

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Electric Oven, Refrigerator, Other, Washer
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Barbeque, Open Porch(es), Patio, Storm Door(s), Storm Window(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: 2 Car Width, Blacktop, Circular, Built-In, InEntrnc

Lot Features

Lot Information:

  • Lot: Level, Wooded
  • Lot Size: 5.73 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Electric
  • Cooling: Single Unit, Central Air

Other

Directions Information:

  • Directions: Sussex Ave to Lake Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $548/SqFt
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Housing Market Comparison

See how this home compares to others in Morristown, NJ.

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Morristown, NJ

City

Med. Sold Price

$750K

Med. Price/SqFt

$408

# of Sold Homes

27

242 Lake Rd vs Morristown

13 DAYS ON ROCKET

$999,000

+$249K More

$548/SqFt

+$140 More

KEY TAKEAWAY

This property is $249K more than the Median Sold Price and $140/SqFt more than other homes in Morristown, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3896955

Listing Office:

  • Office Name: BHHS FOX & ROACH
  • Office Phone: (908) 273-0400

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 7:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4924016
5
/10

  • Sussex Avenue School

  • 125 Sussex Ave

  • 1.48 miles

  • Public District Grades 3-5

school-card-donut-4924017
4
/10

  • Alexander Hamilton

  • 24 Mills St

  • 1.81 miles

  • Public District Grades 3-5

school-card-donut-4924018
8
/10

  • Shongum School

  • 9 Arrow Pl

  • 1.87 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $161,511. The majority of Morristown, NJ residents have income $200k+ annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 Lake Rd

What is the listing price of this property?

The listing price of 242 Lake Rd property is $999,000.

What type of property is this?

The property 242 Lake Rd is a house located in Morris Twp, New Jersey, 07960.

Is this property for sale now?

Active Listing: 242 Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 242 Lake Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 242 Lake Rd is 1,822 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 Lake Rd is 1932.

Rocket Homes›New Jersey›Morris County›Morristown›07960›242 Lake Rd

This home is located at 242 Lake Rd in Morris Twp, NJ and zip code 07960. This 1,822 square foot home, which was built in 1932, sits on a 5.73 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $999,000.

While more than 22 listings in Morristown, NJ in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. Between March 2024 and April 2024, Morristown, NJ real estate market has seen increase in the number of listings by 49.5%.

From Rocket Homes Real Estate and based on county public records data.

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