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About this home
INVESTORS, BUILDERS & DEVELOPERS END USERS SHOVEL-READY OPPORTUNITY! Don't miss the chance to acquire this home located in the desirable Upper Greenwood Lake community, a property positioned for immediate development with much of the upfront work already completed. This is an excellent opportunity for a builder, investor, or end user looking to avoid the time, cost, and uncertainty typically associated with starting a project from scratch. The property is being offered with a survey, approved septic design, approved architectural plans, and approvals already in place, making this a true shovel-ready opportunity. The hard part has been done. Building permits have already been pulled, the septic installation already has a deposit in place, and the approved architectural designs are included with the sale. Move forward with construction and bring the vision to life. Whether your strategy is to build and resell, develop for investment, or construct a custom home, this property offers tremendous upside and a major head start compared with an unapproved lot. The planned home also features a walkout basement with a wood-burning fireplace and a circular driveway, adding even more appeal and functionality to the finished property. Skip the lengthy preliminary process and move directly toward construction. Opportunities with this level of approvals and preparation already in place are increasingly difficult to find bring your plans and build.
Investment Opportunity! Diamond in the Rough with Unlimited Potential! Located in Upper Greenwood Lake Community. Property includes Survey & Septic Design.
GSMLS #3892672
Aug 8, 2024
Sold
$190,000
Jul 24, 2024
Pending
—
Jun 13, 2024
Price Changed
$180,000
Apr 26, 2024
Price Changed
$190,000
Mar 25, 2024
Listed
$199,000
GSMLS #3854362
Aug 29, 2023
Sold
$141,000
Aug 15, 2023
Pending
—
Jul 13, 2023
Listed
$124,900
NJMLS #23021736
Aug 29, 2023
Sold
$141,000
Aug 19, 2023
Contingent
—
Jul 13, 2023
Listed
$124,900
Public Records
May 17, 2007
Sold
$71,499
Public Records
May 17, 2007
Sold
$150,000
Public Records
Nov 25, 1992
Sold
$110,000
Public Records
Dec 31, 1986
Sold
$95,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,381 (−4.1%)
$85,000 + $42,700
$127,700
2024
$5,611 (−16.6%)
$85,000 + $42,700
$127,700
2023
$6,729 (+2.1%)
$85,000 + $53,400
$138,400
2022
$6,587 (+2.2%)
$85,000 + $85,300
$170,300
2021
$6,446 (+1.1%)
$85,000 + $85,300
$170,300
2020
$6,378 (+1.4%)
$85,000 + $85,300
$170,300
2019
$6,293 (+0.2%)
$85,000 + $85,300
$170,300
2018
$6,277 (−0.5%)
$85,000 + $85,300
$170,300
2017
$6,306 (−0.2%)
$85,000 + $85,300
$170,300
2016
$6,316 (+3.7%)
$85,000 + $85,300
$170,300
2014
$6,091 (+2.9%)
$85,000 + $85,300
$170,300
2013
$5,921 (+2.8%)
$85,000 + $85,300
$170,300
2012
$5,760 (+5.9%)
$85,000 + $85,300
$170,300
2011
$5,441 (+1.9%)
$85,000 + $85,300
$170,300
2010
$5,340 (+4.4%)
$37,800 + $49,500
$87,300
2009
$5,115
$37,800 + $49,500
$87,300
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.94 Acres
Year renovated
—
Finished Sq. Ft.
1,204
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,204
Year built
1952
Style
Single Family Residential
County
Sussex County
APN
1501603 00024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 19, 2026.
LR
Lakeside Residential District
The Lakeside Residential LR District is created to develop meaningful and appropriate residential standards in the lake communities of the Township. The intent is to respect the existing development patterns of the lake communities, but to encourage an upgrading in lot sizes. This approach addresses the Township studies, which suggest future water and sewer problems in these areas if current development trends are continued. Advanced technologies, including alternate design, septic systems, and low flow water devices, as approved by the Township Departments of Planning and Building and Health are to be encouraged.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
4/10 Wind Factor
15% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Hewitt, NJ • 07421-1157
Average low and high temperatures (°F)
31
18
36
21
53
32
61
41
68
50
79
60
83
65
78
58
75
54
64
44
51
35
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
1.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 48 Lebanon Rd
$259,707
$293 under list price of $260K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $210K to $644K.