Off market oct 2017 for $550K

$882,931

Est. refi paymentEst. refi $4,065/mo

•

2.5 ba

•

—

sq ft

243 Lake Rd, Morristown, NJ 07960-2663

About this home

Single-familyProperty Type

1974Year Built

0.79 acresLot Size

Listed by MEEKA KULKARNI • WEICHERT REALTORS

Contact: 908-879-7010

Bought with PETER LORENZO • KELLER WILLIAMS METROPOLITAN

Redfin checked: an hour ago

•Source:GSMLS #3396925

Redfin Estimate

$882,931

$333K since sold in October 2017$16K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.7% lower than the average sale price ($1.03M) of 6 comparable homes.

SOLD MAY 22, 2026
$950,000
A
4 beds2.5 baths— sq ft
24 Lord William Penn Dr, Morristown, NJ 07960-3216
SOLD SEP 24, 2026
$875,000
B
4 beds2.5 baths— sq ft
6 Patty Ln, Randolph, NJ 07869-4735
SOLD AUG 28, 2026
$950,000
C
4 beds2.5 baths— sq ft
1 TULIP Ln, Randolph, NJ 07869-4773
SOLD AUG 7, 2026
140 Shady Ln, Randolph, NJ 07869-4800
$912,000
D
4 beds2.5 baths— sq ft
140 Shady Ln, Randolph, NJ 07869-4800
SOLD AUG 6, 2026
$1,320,000
E
4 beds2.5 baths— sq ft
1 Ashley Ct, Morristown, NJ 07960-3639
SOLD AUG 3, 2026
$1,200,000
F
3 beds2.5 baths— sq ft
4 Colonel Evans Dr, Morristown, NJ 07960-3211

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$473,166

Est. take-home

List your home with Redfin and save $8,829

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$5,739/mo

Redfin rental estimate

List your home for rent

Market trends in 07960, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

104.9%

0.7% MoM

Median sale price

$927K

$272 MoM

Avg. days on market

21d

1 days MoM

Recently sold homes

131

5 MoM

New listings for sale

$999,000
5 beds4 baths3,830 sq ft
34 Lord William Penn Dr, Morristown, NJ 07960-3216
COMING SOON
$660,000
3 beds1.5 baths— sq ft
530 Sussex Ave, Morristown, NJ 07960
$525,000
2 beds1 bath— sq ft
24 W Main St, Mendham Twp., NJ 07945-1217
$355,000
1 bed1 bath— sq ft
90 Mount Kemble Ave #1, Morristown, NJ 07960-5135
$899,000
2 beds2 baths1,838 sq ft
657 Mount Kemble Ave, Morristown, NJ 07960
$749,900
3 beds2.5 baths1,868 sq ft
14 Carla Ct, Morristown, NJ 07960-5959
$769,000
3 beds2.5 baths— sq ft
48 Keats Way #48, Morristown, NJ 07960-5817
$879,000
3 beds2.5 baths— sq ft
24 Northbridge Pl, Morristown, NJ 07960-5744
$659,000
3 beds2 baths— sq ft
240 W Hanover Ave, Morristown, NJ 07960
$1,150,000
4 beds3.5 baths— sq ft
14 Sylvan Way, Morristown, NJ 07960-4618
See all

Provided by Redfin

Sale history for 243 Lake Rd

Year

Property tax

Land + Additions

Assessment*

2026

$9,368 (+1.9%)

$229,300 + $237,700

$467,000

2025

$9,191 (−1.7%)

$229,300 + $237,700

$467,000

2024

$9,349 (−0.1%)

$229,300 + $237,700

$467,000

2023

$9,363 (+2.7%)

$229,300 + $237,700

$467,000

2022

$9,121 (+2.1%)

$229,300 + $237,700

$467,000

2021

$8,929 (+2.7%)

$229,300 + $237,700

$467,000

2020

$8,696 (+1.6%)

$229,300 + $237,700

$467,000

2019

$8,560 (+1.1%)

$229,300 + $237,700

$467,000

2018

$8,467 (+0.7%)

$229,300 + $237,700

$467,000

2017

$8,411 (+1.6%)

$229,300 + $237,700

$467,000

2016

$8,279 (+2.6%)

$229,300 + $237,700

$467,000

2014

$8,067 (+0.1%)

$164,000 + $158,300

$322,300

2013

$8,058 (+5.8%)

$164,000 + $158,300

$322,300

2012

$7,614 (+2.7%)

$164,000 + $158,300

$322,300

2011

$7,418 (+2.5%)

$164,000 + $158,300

$322,300

2010

$7,234 (+2.6%)

$164,000 + $158,300

$322,300

2009

$7,053

$164,000 + $158,300

$322,300

Tax history for 243 Lake Rd

Year

Property tax

Land + Additions

Assessment*

2026

$9,368 (+1.9%)

$229,300 + $237,700

$467,000

2025

$9,191 (−1.7%)

$229,300 + $237,700

$467,000

2024

$9,349 (−0.1%)

$229,300 + $237,700

$467,000

2023

$9,363 (+2.7%)

$229,300 + $237,700

$467,000

2022

$9,121 (+2.1%)

$229,300 + $237,700

$467,000

2021

$8,929 (+2.7%)

$229,300 + $237,700

$467,000

2020

$8,696 (+1.6%)

$229,300 + $237,700

$467,000

2019

$8,560 (+1.1%)

$229,300 + $237,700

$467,000

2018

$8,467 (+0.7%)

$229,300 + $237,700

$467,000

2017

$8,411 (+1.6%)

$229,300 + $237,700

$467,000

2016

$8,279 (+2.6%)

$229,300 + $237,700

$467,000

2014

$8,067 (+0.1%)

$164,000 + $158,300

$322,300

2013

$8,058 (+5.8%)

$164,000 + $158,300

$322,300

2012

$7,614 (+2.7%)

$164,000 + $158,300

$322,300

2011

$7,418 (+2.5%)

$164,000 + $158,300

$322,300

2010

$7,234 (+2.6%)

$164,000 + $158,300

$322,300

2009

$7,053

$164,000 + $158,300

$322,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.79 Acres

Year renovated

—

Sq. Ft.

2,381

Year built

1974

Style

Single Family Residential

County

Morris County

APN

2202102 00036

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 8, 2026.

Property details

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the Morris School District website to verify.

Sussex Avenue Elementary School

Public 3-5 • 1.6mi

6/10

Frelinghuysen Middle School

Public 6-8 • 1.0mi

5/10

Morristown High School

Public 9-12 • 2.0mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 97° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Morristown, NJ • 07960-2663

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.1 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$839,000 – $1.02M

Reach more buyers when you sell with Redfin. Save up to $8,829 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$719,000

3 beds2.5 baths2,168 sq ft

38 Averell Dr, Morris Plains, NJ 07950-1970

$975,000

3 beds2 baths— sq ft

14 Indian Head Rd, Morristown, NJ 07960-4802

$865,000

4 beds2.5 baths2,384 sq ft

21 Long Ridge Rd, Randolph, NJ 07869-4565

$895,000

4 beds3.5 baths— sq ft

49 Raynor Rd, Morristown, NJ 07960-2516

$574,000

2 beds2.5 baths— sq ft

31 Witherspoon Ct, Morristown, NJ 07960-2733

$689,000

3 beds2 baths— sq ft

59 W Hanover Ave, Morris Plains, NJ 07950-2108

New listings for sale in 07960-3216

$999,000

5 beds4 baths3,830 sq ft

34 Lord William Penn Dr, Morristown, NJ 07960-3216

COMING SOON

$660,000

3 beds1.5 baths— sq ft

530 Sussex Ave, Morristown, NJ 07960

$525,000

2 beds1 bath— sq ft

24 W Main St, Mendham Twp., NJ 07945-1217

$355,000

1 bed1 bath— sq ft

90 Mount Kemble Ave #1, Morristown, NJ 07960-5135

$899,000

2 beds2 baths1,838 sq ft

657 Mount Kemble Ave, Morristown, NJ 07960

$749,900

3 beds2.5 baths1,868 sq ft

14 Carla Ct, Morristown, NJ 07960-5959

$769,000

3 beds2.5 baths— sq ft

48 Keats Way #48, Morristown, NJ 07960-5817

$879,000

3 beds2.5 baths— sq ft

24 Northbridge Pl, Morristown, NJ 07960-5744

$659,000

3 beds2 baths— sq ft

240 W Hanover Ave, Morristown, NJ 07960

Home values near 243 Lake Rd

Data from public records.

Address	Redfin Estimate
242 Lake Road, Morristown, NJ - Beds \| - Baths \| 1822 Sq. Ft.	$863,511
241 Lake Road, Morristown, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,001,368

Address	Redfin Estimate
246 Lake Road, Morristown, NJ - Beds \| - Baths \| 2930 Sq. Ft.	$795,337
24 Wildflower Lane Unit 2802, Morristown, NJ - Beds \| - Baths \| 1387 Sq. Ft.	$586,485

Address	Redfin Estimate
249 Lake Road, Morristown, NJ - Beds \| - Baths \| 3472 Sq. Ft.	$1,288,171
26 Wildflower Lane Unit 2803, Morristown, NJ - Beds \| - Baths \| 1722 Sq. Ft.	$649,852

Property information provided by GSMLS when last listed in 2017. This data may not match . Learn more.

More real estate resources

Minor Civil Divisions
Neighborhoods
Zip Codes
Cities
Popular Searches

Bloomfield Township homes for sale
Piscataway Township homes for sale
Livingston Township homes for sale
West Orange Township homes for sale
Wayne Township homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

07950 homes for sale
07960 homes for sale
07927 homes for sale
07961 homes for sale
07962 homes for sale

Houses for rent in Morristown	Agents near me	Summit, NJ homes for sale	Morristown Housing Market
Houses for sale near me	Jersey City, NJ homes for sale	Ridgewood, NJ homes for sale
Land for sale near me	Montclair, NJ homes for sale	Fort Lee, NJ homes for sale
Open Houses near me	Hoboken, NJ homes for sale	Morristown Property Records
Condos for sale near me	Princeton, NJ homes for sale	NJ New Listings

243 Lake Rd, Morristown, NJ 07960-2663

About this home

Redfin Estimate

Earn from this home

Market trends in 07960, NJ

Sale history for 243 Lake Rd

Tax history for 243 Lake Rd

Public record

Property details

Exterior

Public facts

Other

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 07960-3216

Home values near 243 Lake Rd

More real estate resources

Montclair homes for sale
Summit homes for sale
New York homes for sale