171 Lake Rd
Morris Twp, NJ 07960
4 bd 5 ba 4,412 sqft Built 1930 Lot 103,673 sqft single_family
Most recent sale
$1,350,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $1,350,000 | MLS #3766358 |
| Mar 1, 2022 | Listed | $1,195,000 | MLS #3766358 |
| Sep 22, 2016 | Sold | $1,050,000 | Public Record |
| Aug 11, 2015 | Listing removed | $1,389,000 | NewJerseyMLS |
| Aug 10, 2015 | Price changed | $1,389,000 | MLS #1530755 |
| Jul 28, 2015 | Listed | $1,600,000 | MLS #1530755 |
| Jul 7, 2015 | Listing removed | $395,000 | NewJerseyMLS |
| Jun 10, 2015 | Listed | $395,000 | MLS #1523157 |
| Apr 16, 2015 | Listing removed | $369,000 | NewJerseyMLS |
| Oct 6, 2014 | Relisted | $895,000 | MLS #1340219 |
| Sep 19, 2014 | Listing removed | $895,000 | NewJerseyMLS |
| Nov 14, 2013 | Listed | $895,000 | MLS #1340219 |
| Sep 27, 2013 | Price changed | $369,000 | MLS #1322676 |
| Jun 21, 2013 | Listed | $395,000 | MLS #1322676 |
| Dec 1, 1981 | Sold | $85,000 | Public Record |
| Oct 1, 1981 | Sold | $218,000 | Public Record |
| Sep 1, 1980 | Sold | $265,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $544,900 | $302,400 | $847,300 | $16,674 |
| 2024 | $544,900 | $302,400 | $847,300 | $16,962 |
| 2023 | $544,900 | $302,400 | $847,300 | $16,988 |
| 2022 | $501,100 | $324,700 | $825,800 | $16,127 |
| 2021 | $501,100 | $324,700 | $825,800 | $15,789 |
| 2020 | $501,100 | $324,700 | $825,800 | $15,376 |
| 2019 | $501,100 | $324,700 | $825,800 | $15,136 |
| 2018 | $501,100 | $324,700 | $825,800 | $14,971 |
| 2017 | $340,600 | $302,400 | $643,000 | $11,580 |
| 2016 | $340,600 | $742,300 | $1,082,900 | $19,199 |
| 2015 | $387,200 | $491,400 | $878,600 | $22,281 |
| 2014 | $387,200 | $491,400 | $878,600 | $21,991 |
| 2013 | $387,200 | $491,400 | $878,600 | $21,965 |
| 2012 | $387,200 | $491,400 | $878,600 | $21,187 |
| 2011 | $387,200 | $491,400 | $878,600 | $20,651 |
| 2010 | $387,200 | $491,400 | $878,600 | $20,151 |
| 2009 | $387,200 | $491,400 | $878,600 | $19,659 |
| 2008 | $387,200 | $491,400 | $878,600 | $19,641 |
| 2007 | $387,200 | $491,400 | $878,600 | $19,167 |
Property facts
Year built
1930
Property type
single_family
Stories
—
Beds
4
Baths
5
Living area
4,412 sqft
Lot size
103,673 sqft
ZIP code
07960
City
Morris Twp
Street
Lake Rd
Coordinates
40.81716, -74.50463
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,618
Gross rental yield
5.88%
Implied cap rate
3.82%
Trend-extrapolated value
—
Frequently asked questions
When did 171 Lake Rd last sell?
171 Lake Rd most recently sold on Jun 3, 2022 for $1,350,000.
What is the current tax assessment for 171 Lake Rd?
The most recent total assessment for 171 Lake Rd (year 2025) is $847,300 with $16,674 in property tax.
How does 171 Lake Rd's assessment compare to its last sale price?
The current assessment is 37.2% below the last sale price of $1,350,000.
When was 171 Lake Rd built?
171 Lake Rd was built in 1930.
How does 171 Lake Rd compare to others on Lake Rd?
We track 7 other properties on Lake Rd. Browse the list under "Other properties on Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 171 Lake Rd?
171 Lake Rd is a 4 bed, 5 bath, 4,412 sqft, 103,673 sqft lot single_family.
Is 171 Lake Rd a flip candidate?
No — 171 Lake Rd does not appear in our flips dataset.
Is 171 Lake Rd a tax-appeal candidate?
No — 171 Lake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$945.2K
2026 Q4
$942K
ZIP 07960 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Rd