$5,000,000

51B Mcgregor Ave Mount Arlington, NJ 07856

Estimated payment $31,186/month

Total Views 8,776
3.79 Acres
$1,319,261 Price per Acre
165,092 Sq Ft Lot

Highlights

  • Private Waterfront
  • 3.79 Acre Lot
  • Level Lot
  • Edith M. Decker Elementary School Rated A-
  • Wooded Lot

About This Lot

Chestnut Point - Rare Lakefront Opportunity on Lake Hopatcong. Welcome to one of the most coveted lakefront properties! This stunning offering includes three waterfront lots totaling 3.75 acres (2.23, 0.76, and 0.68 acres), providing an exceptional opportunity to create your dream estate or a premier waterfront retreat. The properties currently feature: a ranch-style home (4087 sq ft) , a detached oversized two-car garage, and a one-bedroom cottage (940 sq ft). Whether you're looking to renovate or build new this is a truly unique opportunity to own a piece of paradise on New Jersey's largest lake. Enjoy boating, fishing, swimming, and sunsets right from your own backyard. Don't miss this rare gem in an unbeatable location.

Listing Agent

Melissa Reynolds

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 07/22/2025

KELLER WILLIAMS TOWNE SQUARE REAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $54,565

Lot Details

  • 3.79 Acre Lot
  • Private Waterfront
  • Level Lot
  • Wooded Lot
  • 3 Lots in the community

Schools

  • E.Decker Elementary School
  • Mt.Arlngtn Middle School
  • Roxbury High School

Utilities

  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 2326-00010-0000-00020-0002-
  • Tax Block *

Property Details

Property Type

Land

Est. Annual Taxes

$54,565

Lot Details

0

Listing Details

  • County Name: Morris
  • Directions: 51 McGregor - DO NOT ACCESS THE PROPERTY WITHOUT LISTING AGENT
  • I D: 5373026
  • Modified: 2025-09-08
  • Section Subdiv Development: Chestnut Point
  • Attribution Contact: 908-766-0085
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Description: Town Street
  • Road Surface Description: Blacktop/Asphalt Road

Utilities

  • Sewer Info: Public Sewer in Street
  • Water Info: Well on Site, Well Required

Schools

  • Elementary School: E.Decker
  • Middle School: Mt.Arlngtn
  • High School: Roxbury
  • High School: Roxbury
  • Middle Jr High School: Mt.Arlngtn

Lot Info

  • Lot Size: 3.79
  • Assessed Improvement Value: 1408800
  • Assessed Land Value: 1271200
  • Assessment: 2680000
  • Easement: Unknown
  • Lot Description: Level Lot, Waterfront, Wooded Lot
  • Lot Identifier: 20.02
  • Total Acres: 3.79
  • Location: Waterfront
  • Buildings Included: Garage, Residence
  • Currently Used For: Residential
  • Number of Lots: 3
  • Site Particulars: Water Front
  • Zoned Info: Residential 1 Family

Tax Info

  • Tax Amount: 54565
  • Assessor Parcel Number: 2326-00010-0000-00020-0002-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.036
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Street Num Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: E.Decker

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

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $5,000,000 -23.1% --
07/25/2025 07/25/25 For Sale $6,500,000 -- --
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 3976835

Garden State MLS