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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
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For Sale
Off Market
Home type
Price / sqft
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
7800
N/A
N/A
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
63162
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Old
N/A
N/A
N/A
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
Average Home Price in 07871
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$1,493,520
$1,493,520
-- Beds
-- Baths
6,948 Sqft
208,217 Lot (sqft)
Sold 10/13/2026






