2 Bedroom House For Sale By Owner in Lake Hiawatha, NJ

Property Description

Rare development opportunity in Lake Hiawatha, NJ! This oversized 12,659 sq ft lot at 336 Lakeshore Dr offers an excellent builder or investor opportunity in a highly desirable, quiet neighborhood. The property includes an existing 2-bedroom, 1-bath home with a fireplace and full basement, located in a non-flood zone, making it ideal for renovation or new construction. Comparable homes in the area are selling for over $1,100,000 on half size lots, highlighting the strong upside potential. Concept plans are available for a 2,400+ sq ft Colonial with 4 bedrooms, 2 full baths, 2 half baths, and a high-end layout. This property is perfect for a luxury spec home, custom dream home, or potential subdivision (buyer due diligence required). With a purchase price of $579,000 and projected ARV of ~$1,100,000+, this Lake Hiawatha lot presents a rare opportunity for builders and investors to create a high-value property at a lower cost than buying new. Serious inquiries only. Contact Perrone Properties at 973-787-8417.

Details & Amenities

Property Address

336 Lake Shore Dr, Lake Hiawatha, NJ 07034, USA, City - Morris County