242 Lake Rd Morristown, NJ 07960
Estimated payment $6,843/month
Highlights
- Lake On Lot
- Custom Home
- Wooded Lot
- Hillcrest School Rated A-
- 5.83 Acre Lot
- Wood Flooring
About This Home
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 #
Listing Agent
THOMAS MATHEW
BHHS FOX & ROACH Brokerage Phone: 973-978-5740 Listed on: 12/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,038
Year Built
- Built in 1932
Lot Details
- 5.83 Acre Lot
- Level Lot
- Wooded Lot
- Property is zoned R35C
Parking
- 1 Car Attached Garage
- Inside Entrance
- Circular Driveway
Home Design
- Custom Home
- Brick Exterior Construction
- Tile
Interior Spaces
- 1,822 Sq Ft Home
- Wood Burning Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Utility Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Recirculated Exhaust Fan
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Front Basement Entry
Home Security
- Storm Windows
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Lake On Lot
- Lake Privileges
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Standard Electricity
- Well
- Electric Water Heater
- Septic System
Listing and Financial Details
- Assessor Parcel Number 2322-01403-0000-00009-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,038 | $601,300 | $377,700 | $223,600 |
| 2024 | $12,056 | $601,300 | $377,700 | $223,600 |
| 2023 | $12,056 | $601,300 | $377,700 | $223,600 |
| 2022 | $11,497 | $601,300 | $377,700 | $223,600 |
| 2021 | $11,497 | $601,300 | $377,700 | $223,600 |
| 2020 | $11,196 | $601,300 | $377,700 | $223,600 |
| 2019 | $9,601 | $523,800 | $398,700 | $125,100 |
| 2018 | $9,496 | $523,800 | $398,700 | $125,100 |
| 2017 | $9,434 | $523,800 | $398,700 | $125,100 |
| 2016 | $9,287 | $523,800 | $398,700 | $125,100 |
| 2015 | $15,361 | $605,700 | $451,500 | $154,200 |
| 2014 | $15,161 | $605,700 | $451,500 | $154,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | For Sale | $1,110,111 | 0.0% | $609 / Sq Ft |
| 12/09/2025 12/09/25 | For Rent | $4,800 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $363,000 | Vital Abstract Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $272,250 | New Conventional |
Source: Garden State MLS
MLS Number: 4001090
APN: 22-01403-0000-00009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website 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.
This information is being provided 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.
- 28 Wildflower Ln
- 76 Hancock Dr Unit 125
- 183 Lake Rd
- 22 Walt Whitman Trail
- 32 Valley View St W
- 34 Starlight Dr
- 144 Lake Rd
- 6 Raleigh Ct
- 40 Lord William Penn Dr
- 2 Bickford Dr
- 4 Elder Dr
- 7 Drake Ct
- 52 Schoolhouse Ln
- 160 W Hanover Ave
- 1 Jardine Ct
- 480 Sussex Place
- 17 Meslar Rd
- 182 Washington Valley Rd
- 16 Dellwood Ave
- 69 W Hanover Ave
- 17 Livingston Rd
- 11 Timothy Ct
- 62 Gaston Rd
- 29 Tall Timber Dr
- 8 Marianna Place
- 14 Ash Ln
- 14 Burnham Rd Unit B
- 2 Holloway Place
- 18-23 Max Dr
- 183 Washington St Unit A
- 36 W Hanover Ave Unit A
- 19 Hazlett St
- 48 Edgefield Dr
- 140 Washington St Unit 2
- 24 Farmhouse Ln
- 10 Walker Ave
- 40 Grant St Unit 2
- 137 Washington St
- 31 Bellevue Terrace
- 215 Speedwell Ave Unit 2