$608,614Average Value$322Average Price per Sq Ft14Homes For Sale
An outdoorsy town with postcard views of Budd Lake
In the heart of Mount Olive Township, Budd Lake is a unique gem among New Jersey's natural wonders. It is the largest naturally formed lake in the state, setting it apart from other lakes in the area that have been altered or created by human intervention. The lake's pristine waters and unspoiled shoreline provide a tranquil escape for visitors and residents alike. Surrounded by lush greenery and rolling hills, Budd Lake offers a scenic backdrop for outdoor activities, including fishing, boating and hiking. Anglers can cast their lines and try their luck at catching various fish species, including largemouth bass, pickerel and sunfish. Boating enthusiasts can enjoy leisurely rides on the lake's calm waters, taking in the breathtaking views and the serene atmosphere. Beyond its natural beauty, Budd Lake is also a vibrant community. With over 10,000 residents, the town exudes a charming suburban feel. Many families and young professionals choose to make Budd Lake their home, drawn by its excellent public schools, the great outdoors and easy access to New York City. Its convenient location in Morris County provides easy access to major highways, making it a commuter-friendly town for those working in nearby cities.
Summer homes converted into full-time residences
With some homes surrounding the glacial body of water, residents wake up to sunrises on the water. "Most of Budd Lake's real estate is a lot of summer homes converted into full-time residences," says Realtor Patrick Bolger with The Holmquist Group of Keller Williams Metropolitan. Houses here run the gamut, from quaint to modest colonials, Cape Cods and ranch-style houses to luxurious colonials and some millennium mansions. "You can find a three-bathroom, one-bath ranch style with a finished basement for $329,000, a bi-level with three bedrooms, one bathroom, and a two-car garage for $449,900, or a wholly reconstructed colonial with four bedrooms and three bathrooms for $549,000," says Bolger.
Some Budd Lake homes feature beautiful stonewalls.
Residents of Budd Lake often have views of the lake and even private docks
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Boating and water sports at Budd Lake Beach Park
If the neighborhood name wasn't enough of a hint, lake life is a thing here. "During the summertime, everyone is out there," Bolger says. "You can find people fishing, tubing and sometimes you'll see sailboats out on the water." Residents and visitors can canoe, kayak or try balancing on a paddleboard. There's also a small beach with ample sunlight for basking. For those who prefer the outdoors on land, there is plenty to explore at Turkey Brook Park, including soccer fields, baseball, softball and football. There are tennis, volleyball and basketball courts, as well as a meandering walking trail.
Boats prepared for the summer season on Budd Lake
Vessels ranging from small rowboats and kayaks to larger motor boats can be found on Budd Lake.
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Performances at the Pax Amicus Castle Theather, including Peter Pan
Located near Budd Lake, the Pax Amicus Castle Theatre is a community performing arts theater that stages Broadway and off-Broadway revivals throughout the year. In recent years, they have performed works such as Romeo and Juliet, The Tales of Edgar Allan Poe and Peter Pan.
Favorite local eateries, including Budd Lake Diner
After a day at the lake, have a bite to eat at the Budd Lake Diner. "The food here is delicious. It's been here forever," Bolger says. "A typical Jersey diner with its old-timey décor, it has a little bit of everything." Enjoy a classic hamburger, a tuna melt with a side of fries and cole slaw or chicken parmesan sliders. Locals enjoy West Lake Take Out for its Chinese offerings like spring rolls, lo mein and beef with broccoli. Or, grab some sandwiches from BJ's Sandwich Shop and bring them to the lake. There are cold sandwiches like turkey with fresh mozzarella and roasted peppers or hot subs like meatball parmigiana or sausage and pepper. On Route 46, which runs through Budd Lake, you can find the small businesses that keep life humming along, like dry cleaners and nail salons, a grocery store, and, of course, the Budd Lake fire department.
Enzo's Ristorante & Pizzeria is the place to grab a slice or have a family dinner in Budd Lake.
The Budd Lake Diner has been a local institution for decades.
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Three A-rated schools in the Mount Olive Township School District
Kids can attend three great schools in the Mount Olive Township School District, including Mount Olive High School, which has an A rating on Niche for its college prep, academics and diversity. There, students can apply for several honor societies like history, music, art, English and the International Thespian Society. Mount Olive Middle School, also an A-rated Niche institution, is known for its acclaimed applied music and theory courses, and arts and 3D printing programs. Chester M. Stephens School, an A-rated elementary school, has a language arts program with special area classes in art, music, library science and physical education.
Aerial view of the Mount Olive Marauders football field in Turkey Brook Park in Budd Lake
Aerial view of Chester M Stephens School in Budd Lake
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Driving is easy to and from Morris County
Residents and visitors can drive to Budd Lake around New Jersey via Route 80 heading West or eastbound and on I-287 heading Northwest. Newark Liberty International Airport is approximately 45 miles from Budd Lake. John F Kennedy International Airport is about 70 Miles from Morris County. The Netcong NJ Transit station in Morris County is about 3 miles from Budd Lake Township.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Michael Rossi,
an experienced agent in this neighborhood.
Parks in this Area
Drakes Brook Park
Turkey Brook Park
Basketball
Dog Park
Football
Allamuchy Mountain State Park
Bike Trails
Trails
Nature Center
Stephens State Park
Bike Trails
Fishing
Trails
Direnzo Park
Lake
Picnic Area
Playground
Lake Musconetcong Park
Transit
Airport
Newark Liberty International
57 min drive
Train
Mount Olive
Crime and Safety
1 - Low Crime, 10 - High Crime
Budd Lake
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
3
4
Burglary
3
4
Motor Vehicle Theft
2
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Budd Lake, Mount Olive sell after 26 days on the market compared to the national average of 47 days. The average sale price for homes in Budd Lake, Mount Olive over the last 12 months is $600,113, up 8% from the average home sale price over the previous 12 months.
This amazing 3 bedroom Ashbourne model townhouse features an open floor plan on the main level and a bonus room on the 3rd level and sits in an ideal location on a private cul-de-sac backing to state-protected woods. The open kitchen includes new Samsung smart kitchen appliances. Gas fireplace in the family room. Large living room, not found in models with garages on that level. Hardwood floors
Welcome to 6 Augie Place, a stunning 4-bedroom, 2.5-bath Toll Brothers Columbia model located in the prestigious Morris Chase community in Mount Olive! This award-winning home is set on a premium lot offering privacy and a beautifully landscaped yard with an oversized deck perfect for outdoor entertaining. The elegant brick-front exterior adds timeless curb appeal. Inside, you'll find hardwood
Welcome to this beautifully maintained 4-bedroom, 3 full bath Colonial in Mount Olive. This inviting home offers a perfect blend of classic charm and modern updates, featuring gleaming hardwood floors throughout most of the home and abundant natural light in every room. The heart of the home includes a spacious dining room with newer built-in cabinets, perfect for entertaining or cozy meals. A
Make this charming 2-bedroom, 1-bath home yours! Enjoy the inviting open porch, perfect for soaking up fresh air and sunshine. The home features an open floor plan with approximately 900 square feet of living space, adorned with a combination of vinyl plank and carpeted flooring. The living room boasts a large window that floods the area with natural light, while the kitchen offers granite
Excellent opportunity to own this awesome CH Colonial nestled on 2.6 acres with inground pool in Mount Olive Township! Move right in to this 4 bedroom, 2.5 bath, partially finished walkout basement with exercise room, recreation room and storage room. Fantastic yard with inground pool, patio, with lots of privacy. First floor features eat-in kitchen open to family room with wood burning
Nestled in a peaceful cul-de-sac, this stunning true MOTHER-DAUGHTER home offers the perfect blend of space, privacy, and convenience. With 7 bedrooms and 5 bathrooms, this expansive property BOAsts a completely separate apartment with its own private entrance, constructed in 2018. The main home features 4 spacious bedrooms, 3 full baths, two inviting sitting areas, a formal dining room, an
Outfitted with private patios, spacious cabinets, and matching appliances, these homes have it all. With an on-site shopping center, SDK Village Green is a host to many great restaurants, shops, and professional services that will suit everyone's needs, including , Dino's Pizzeria, Dunkin Donuts, Legacy Dentistry, Bubbakoos Burritos, Revive Yoga and fitness studio, PNC Bank and so much more!
Available June 1, not furnished. Fabulous opportunity to move into a previously model home. Luxuriously upgraded throughout. Customized with 4' whole house extension, gorgeous upgrades. 2nd floor laundry. Spectacular end unit in upscale "Mountain Ridge" community with open floor plan. Expanded model offers an amazing gourmet kitchen with breakfast bar and separate office area. Spacious Master
-1 and 2 Bedroom Apartments -Parking, Heat & Hot Water Included -Located in the heart of Budd Lake, NJ-Walking distance to Mt Olive Community Garden-Near Routes 46 and 80-Nearby places of interest: Turkey Brook Park, International Trade Center-Contact Kings Village Today!
Interested in learning more about homes in this area?
Reach out to
Michael Rossi,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
15,370
Median Age
41
Population Density
2 ppl/acre
Population under 18
23.6%
On par with the national average
23.8%
Population over 65
16.2%
On par with the national average
19.1%
Finances
Median Household Income
$89,513
Above the national average
$71,702
Average Household Income
$121,919
Education and Workforce
High School Graduates
94.5%
College Graduates
45.6%
Above the national average
34.1%
Advanced Degrees
19.9%
% Population in Labor Force
75.7%
Above the national average
65.1%
Weather
Annual Precipitation
48''
Average Winter Low Temperature
18°F
Average Summer High Temperature
83°F
Annual Snowfall
22''
Area Factors
Somewhat Bikeable
Bike Score®
14/ 100
Car-Dependent
Walk Score®
1/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
