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$785,000

Listing Price

--beds

--baths

7,800sqft

63,162sqft lot

20 Morris Lake Rd, Sparta, NJ 07871

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

100.64

Price / sqft

1910

Year built

Home Details

Prime Investment Opportunity: 20 Morris Lake Rd, Sparta, NJRare lakefront multifamily property featuring 7,800 sq. ft. of living space and direct privatelake and beach access. Listed at $778,000 (appraised as-is at $830,000), with a certifiedpost-completion appraisal of $1,315,000. Configured for 3 spacious luxury units (each 3 bed/ 2 bath with open-concept layout and laundry), delivering projected rents of$3,600"$4,200/month per unit and over $35,000 in net annual cash flow. Siding is 60%complete; requires HVAC, septic update, and interior finishes to complete. All supportingdocuments (survey, site plans, architectural/engineering drawings, tax assessments)available upon proof of funds. Cash or hard money buyers only.

Interior Details

Square Feet
  • 7800

Bedrooms
  • N/A

Bathrooms
  • N/A

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 63162

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 3

Style
  • Old

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$20,430

$144,500

$456,400

--%

$600,900

2019

$19,901

$144,500

$456,400

--%

$600,900

2018

$19,481

$144,500

$456,400

--%

$600,900

2017

$19,240

$144,500

$456,400

--%

$600,900

2016

$18,790

$144,500

$456,400

--%

$600,900

2013

$12,523

$99,700

$234,700

--%

$334,400

2012

$12,218

$99,700

$234,700

--%

$334,400

percent-home-icon

Average Home Price in 07871

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,493,520

-- Beds

-- Baths

6,948 Sqft

208,217 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
785,000
$
Down payment
157,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,710
$
HOA (Monthly)
0
$
PMI
0
$
$5,081
Your Payment
Total Monthly Payment:$5,081
Percent of Income:87%
Affordable:No

Details for 20 MORRIS LAKE RD

Property Debt

Foreclosure Contact Details