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Why Live in Mountain Lakes

Mountain Lakes, New Jersey is a picturesque borough located approximately 30 miles northwest of New York City. Designed around several man-made lakes, the area offers a variety of outdoor activities, including swimming, canoeing, kayaking, paddleboarding, lakeside picnics and ice skating. Seasonal events like the Trout Derby fishing competition, Bands on the Beach summer concert series and Mountain Lakes Day celebration add to the community's vibrant atmosphere. The highly rated Mountain Lakes School District is a significant draw for families, with Mountain Lakes High known for its strong academic and athletic programs, particularly in lacrosse. The borough features a mix of architectural styles, including one of the largest collections of Craftsman-influenced homes in the country. Buyers can also choose from Tudor, Colonial Revival and New Traditional designs. Many homes are situated on lots ranging from a quarter-acre to three-quarters of an acre, and some offer direct lake access. Commuting to New York City is facilitated by U.S. Route 46 and NJ Transit rail service, with travel times typically around an hour by car or rail. Dining options include Hapgoods, Paul’s Family Diner, The Station at Mountain Lakes and Barka Steak & Seafood. Neighboring Morristown, about 10 miles away, provides additional dining and nightlife choices. Grocery shopping is convenient with Whole Foods Market near Route 46 and King’s in nearby Boonton. The small-town living experience in Mountain Lakes stands out in sharp contrast to larger nearby towns like Denville, Mendham and Summit.

Home Price Trends

Median Sale Price
$1,199,500
Median Single Family Sale Price
$1,200,000
Median 2 Bedroom Sale Price
$649,500
Average Price Per Sq Ft
$471
Number of Homes for Sale
0
Last 12 months Home Sales
58
Months of Supply
2.50
Median List Price
$1,200,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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