Skip main navigation
Active
  • $1,110,111

    242 Lake Rd, Morris Twp., NJ 07960

    4beds
    1,822sqft
    : 
    Single Family Residence
    Built in 1932
    5.83 Acres Lot
    $-- Zestimate®
    $609/sqft
    $-- HOA

    What's special

    Brand-new kitchenYour own lakeFour bedroomsStainless-steel appliancesOpen floor planQuartz countertops
    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 #
    82 days
    |
    3,635
    |
    97
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 12, 2025 at 01:51am

    Listed by:

    Thomas Mathew 973-978-5740,

    Bhhs Fox & Roach

    Source: GSMLS,MLS#: 4001090MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: 1st Floor
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Second
    Dining room
    • Features: Formal Dining Room
    • Level: First
    Kitchen
    • Features: Eat-in Kitchen
    • Level: First
    Living room
    • Level: First
    Basement
    • Features: GarEnter, InsdEntr, Laundry, Utility
    Heating
    • 1 Unit, Forced Air, Electric
    Cooling
    • 1 Unit, Central Air
    Appliances
    • Included: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven-Electric, Refrigerator, See Remarks, Washer, Electric Water Heater
    Features
    • Sunroom
    • Flooring: Tile, Wood
    • Doors: Storm Door(s)
    • Windows: Storm Window(s)
    • Basement: Yes,Finished,Full
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 1,822
    • Total interior livable area: 1,822 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Car Width, Asphalt, Circular Driveway
    • Attached garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Patio & porch: Open Porch(es), Patio
    • Exterior features: Barbecue
    • Waterfront features: Lake, Lake Privileges
    Lot
    • Size: 5.83 Acres
    • Dimensions: 5.83 AC
    • Features: Level, Wooded
    Details
    • Parcel number: 2322014030000000090000
    • Zoning description: R35C

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom Home
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Asphalt Shingle
    Condition
    • Year built: 1932

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected, Cable Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Fire Extinguisher, Smoke Detector(s), Carbon Monoxide Detector
    Location
    • Region: Morristown

    Financial & listing details

    • Price per square foot: $609/sqft
    • Tax assessed value: $601,300
    • Annual tax amount: $12,038
    • Date on market: 12/10/2025
    • Ownership type: Fee Simple
    • Electric utility on property: Yes

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/10/2025Listed for sale$1,110,111+22102.2%$609/sqft
    Source: GSMLS #4001090 Report a problem
    12/9/2025Listed for rent$4,800$3/sqft
    Source: GSMLS #4001092 Report a problem
    7/2/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/1/2024Sold$5,000-99.5%$3/sqft
    Source: Agent Provided Report a problem
    6/7/2024Price change$949,000-5%$521/sqft
    Source: GSMLS #3896955 Report a problem
    5/10/2024Price change$4,800+4.3%$3/sqft
    Source: Zillow Rentals Report a problem
    5/2/2024Listed for rent$4,600-4.2%$3/sqft
    Source: Zillow Rentals Report a problem
    4/18/2024Listed for sale$999,000+27650%$548/sqft
    Source: GSMLS #3896955 Report a problem
    5/22/2023Listing removed--
    Source: GSMLS #3837409 Report a problem
    4/10/2023Listed for rent$4,800+23.1%$3/sqft
    Source: GSMLS #3837409 Report a problem
    3/29/2020Listing removed$3,900$2/sqft
    Source: Coldwell Banker Residential Brokerage - Maplewood Office #3619337 Report a problem
    3/25/2020Sold$3,600-99%$2/sqft
    Source: Agent Provided Report a problem
    2/26/2020Listed for rent$3,900$2/sqft
    Source: COLDWELL BANKER REALTY #3619337 Report a problem
    11/14/2016Sold$363,000-27.4%$199/sqft
    Source: Public Record Report a problem
    4/6/2016Listing removed$500,000$274/sqft
    Source: Keller Williams - Morristown #3244461 Report a problem
    1/3/2016Price change$500,000-9.1%$274/sqft
    Source: Keller Williams - Morristown #3244461 Report a problem
    12/8/2015Price change$550,000-2.7%$302/sqft
    Source: Keller Williams - Morristown #3244461 Report a problem
    12/3/2015Price change$565,000+2.7%$310/sqft
    Source: Keller Williams - Morristown #3244461 Report a problem
    11/29/2015Listed for sale$550,000-15.3%$302/sqft
    Source: Keller Williams - Morristown #3244461 Report a problem
    5/29/2015Listing removed$649,000$356/sqft
    Source: Weichert Realtors #3186056 Report a problem
    2/14/2015Listed for sale$649,000$356/sqft
    Source: Weichert Realtors #3186056 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$12,038 $601,300
    2024$12,038 -0.1%$601,300
    2023$12,056 +2.7%$601,300
    2022$11,743 +2.1%$601,300
    2021$11,497 +6.5%$601,300
    2020$10,795 +13.7%$601,300 +14.8%
    2019$9,496 +0.7%$523,800
    2018$9,434 +1.6%$523,800
    2017$9,287 -39.5%$523,800
    2016$15,361 +1.3%$523,800 -13.5%
    2015$15,161 +0.1%$605,700
    2014$15,143 +5.1%$605,700
    2012$14,410 +2.5%$605,700
    2011$14,064 +2.5%$605,700
    2010$13,725 +0.1%$605,700
    2009$13,713 $605,700
    2008-- $605,700
    2007-- $605,700
    2006-- $605,700
    2005-- $605,700
    2004-- $605,700
    2003-- $605,700
    2002-- $605,700
    2001-- $605,700

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $6,989/mo
    Principal & interest
    $5324
    Property taxes
    $1665

      Climate risks

      Neighborhood: Butterworth Farms

      Getting around

      1 / 100
      Car-Dependent
      0 / 100
      No Nearby Transit
      14 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

      Local experts in 07960

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel