$1,595,000

48 Old Budd Lake Rd Budd Lake, NJ 07828

Estimated payment $9,295/month

Total Views 4,224
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Colonial Architecture
  • Recreation Room
  • Formal Dining Room
  • Mount Olive High School Rated A
  • Main Floor Bedroom
  • Private Driveway

About This Home

Incredible Package Deal! This rare opportunity fixer-upper single-family home can generate extra land or rental income plus adjacent high-visibility corner commercial property with excellent redevelopment. Located in a rapidly growing corridor of Budd Lake, NJ, This unique offering includes a Single-Family Residence on a 75' x 155' lot and a Corner Retail Building 67 Route 46 (next door) on a 276' x 148' lot. Key Highlights: High-traffic location with strong local demographics, Single-Story Commercial Building with open layout " easily adaptable for retail or office use, Full Walkout Basement for storage or delivery access, Surrounded by Growth " new apartments, retail condos & a supermarket under construction. Whether you're a developer, investor, or end-user, this is a golden opportunity to secure your place in a market on the rise. Don't miss this rare, flexible investment opportunity in one of Morris County's most active redevelopment zones. The survey is available. The bundle sale includes the commercial retail building adjacent to it. See GSMLS 3971722

Listing Agent

Jonathan Jimenez Cardona

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 347-612-2803 Listed on: 06/26/2025

KELLER WILLIAMS CITY VIEWS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,743

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Private Driveway

Utilities

  • Window Unit Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2327-04100-0000-00088-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,743

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1948
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 48
  • Directions: Route 46 East Bound Side
  • I D: 5359148
  • Modified: 2025-06-26
  • Number Images: 30
  • Attribution Contact: 347-612-2803
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 10
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Driveway-Exclusive

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Lot Info

  • Lot Size: 75X155
  • Assessed Improvement Value: 91900
  • Assessed Land Value: 101600
  • Assessment: 193500
  • Lot Description: Level Lot
  • Lot Identifier: 88
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6743
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-04100-0000-00088-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.385
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $6,360 $193,500 $101,600 $91,900
2023 $6,360 $193,500 $101,600 $91,900
2022 $6,498 $193,500 $101,600 $91,900
2021 $6,498 $193,500 $101,600 $91,900
2020 $6,411 $193,500 $101,600 $91,900
2019 $6,389 $193,500 $101,600 $91,900
2018 $6,327 $193,500 $101,600 $91,900
2017 $6,217 $193,500 $101,600 $91,900
2016 $6,020 $193,500 $101,600 $91,900
2015 $6,161 $193,500 $101,600 $91,900
2014 $6,167 $193,500 $101,600 $91,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $1,595,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $200,000 None Available
Bargain Sale Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Source: Public Records

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See All Homes in Budd Lake

Source: Garden State MLS

MLS Number: 3971836

Garden State MLS

APN: 27-04100-0000-00088

New Jersey Morris County Budd Lake 07828

48 Old Budd Lake Rd, Budd Lake, NJ

This home is located at 48 Old Budd Lake Rd, Budd Lake, NJ 07828 and is currently priced at $1,595,000. This property was built in 1948. 48 Old Budd Lake Rd is a home located in Morris County with nearby schools including Mt Olive Middle School and Mount Olive High School.

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Nearby Homes
Jonathan Jimenez Cardona
Listing Agent
Jonathan Jimenez Cardona
Section Image
KELLER WILLIAMS CITY VIEWS REALTY
(862) 356-5718