- $549,900
- 6Bd
- 3Ba
Duplex & Multi Family For Sale in Mountain Lakes, NJ
8 Homes
Mountain Lakes, NJ Homes for Sale
Investment Opportunity! 3 Unit Triplex. Live in one and Rent the other two. Legal 3 family home in the heart of Rockaway Boro. Each unit has it's own separate entrance, very spacious! Detached Garage and Fenced in Yard provide additional space and Opportunity for use. Unit #1, (1st floor and partially finished basement}, includes 2 bedrooms, as well as an additional office/bedroom. The Kitchen/ Dining area are the central hub to the large Living room, bedrooms, full bath and mud room entrance. Unit #2 has its entrance through the large enclosed porch. This 2nd floor unit includes 2 Bedrooms, Kitchen, Living Room, Full bath and access to the attic, with large closet and storage space. Unit #3 is a street level unit with separate side entrance. The enclosed Porch opens into the Kitchen/Dining area and 2 room railroad layout including 1 Bedroom, Living room and full Bath. Easy access to all major hwys, walking distance to restaurants and stores, with Park across the street. Property Sold As-Is.
- $649,900
- 5Bd
- 3.5Ba
- 2,164 Sq Ft
Mountain Lakes, NJ Homes for Sale
A RARE OPPORTUNITY IN DENVILLE'S INDIAN LAKE COMMUNITY! Set in an incredible location with year-round lake views, this home offers something increasingly hard to find a legal two-family home with the flexibility to fit a variety of lifestyles and future plans. Currently configured as two separate residences, each unit features 2 bedrooms, 1 full bath, a kitchen and living room, creating an ideal opportunity to generate income from both units or live in one while renting the other. For the buyer dreaming of a single-family home in Indian Lake, the possibilities may be just as exciting reimagine the existing layout and create one beautiful home designed around this special setting and its lake views. The property also offers a full basement with abundant storage, a flat, level lot and a spacious backyard. Enjoy the character and lifestyle of Indian Lake while remaining close to downtown Denville, shopping, dining, transportation and major commuting routes. Whether you're searching for an income-producing property, an owner-occupied investment, or a home with the potential to transform into something truly special, a very unique home and an opportunity with options and a location that's difficult to duplicate. Don't miss out on this one!
- $625,000
- 4Bd
- 2Ba
Mountain Lakes, NJ Homes for Sale
INVESTMENT OPPORTUNITY IN ROCKAWAY BOROUGH! Property can also be used for NC (neigboring commericial)! This unique two-home property offers the opportunity to renovate, improve, and maximize its potential. The front home features 4 bedrooms and 2 full baths and is in need of updating, providing an opportunity to customize and add value. The home also features a new roof and newer furnace. The rear home offers 2 bedrooms, a living room, kitchen, and washer/dryer and is currently tenant occupied. The property also includes a 3-car garage, currently utilized by a lawn care specialist, along with ample off-street parking. The existing garage arrangement may provide an additional opportunity for the future owner, subject to applicable agreements and approvals. With two residential structures, a sizable garage, and multiple parking spaces, this property offers versatility for investors or buyers seeking additional space and potential income opportunities. Buyer to perform independent due diligence with the Borough of Rockaway regarding zoning, permitted uses, occupancy, rental requirements, and any necessary approvals. Property is being sold in its present condition.
- $749,000
- 6Bd
- 3Ba
Mountain Lakes, NJ Homes for Sale
Classic older multi family with tons of charm and character with 2 long term tenants. This is a great opportunity to get in and build some sweat equity in a super hot town. Each unit has 2 bedrooms and huge upside potential - dreamy front porch - each has bsmt access with laundry - detached 2 car garage - usable yard - and very convenient location to Main street shopping and major transportation.
- $629,900
- 4Bd
- 2Ba
$20K
Mountain Lakes, NJ Homes for Sale
THE HISTORIC "CORNELIA HOUSE" IS FOR SALE! JUST A SHORT WALK DOWNTOWN, THIS 1865 QUEEN ANN VICTORIAN HAS ALL THE CHARM AND GRANDER OF YESTER YEAR WITH SOME OF TODAY'S MODERN UPDATES. JUST RENOVATED, THIS GRAND, 3 STORY, 4 FAMILY HAS APPROXIMATELY 6000 SQ FT OF LIVING SPACE, FULL WALK OUT UNFINISHED BASEMENT, DETACHED 2 CAR GARAGE WITH CIRCULAR DRIVEWAY WITH PLENTY OF PARKING AND SITS ON A LARGE LEVEL PRIVATE LOT. UNIT 1 FEATURES 2/3 BEDROOMS, APPROX 1500 SQ.FT, UNIT 2 IS A 1 BEDROOM, UNIT 3 IS A 2 BEDROOM AND UNIT 4 IS APPROX 2000 SQ FT 3 BEDROOM WITH BEAUTIFUL MOUNTAIN VIEWS AND A GREAT VIEW OF BOONTON RESERVOIR. ALL UNITS HAVE NEW CUSTOM KITCHENS, CUSTOM BATHROOMS, LUXURY VINYL FLOORING, LED LIGHTING AND ARE LOADED WITH CHARM. UNITS 1 & 4 FEATURE NEW NATURAL GAS HEAT AND CENTRAL AIR, UNIT 2 & 3 FEATURE NEW SPLIT AIR HEAT AND AC SYSTEMS. ALL NEW WINDOWS AND ALL UNITS HAVE NEW ELECTRIC HOT WATER HEATERS. ALL HAVE SEPARATE ELECTRIC. SEWER AND WATER IS SHARED. MOST OF THE ELECTRIC AND PLUMBING IS NEW. DETACHED 2-CAR GARAGE WITH OPENERS AND NEW CIRCULAR DRIVEWAY. ORIGINAL SLATE ROOF REMAINS AND IS IN GOOD CONDITION. THIS PROPERTY IS RUMORED TO HAVE BEEN THE 1ST PROPERTY TO HAVE ELECTRICITY IN BOONTON. THIS PROPERTY WOULD BE A GREAT INVESTMENT OR AMAZING HOME TO RESIDE IN 1 AND COLLECT 3 INCOMES! PROPERTY CURRENTLY FOR RENT. CLOSE TO PUBLIC TRANSPORTATION, MAJOR ROUTES, AND SHOPPING. DON'T MISS THIS RARE OPPORTUNITY!
- $1,690,000
- 8Bd
- 4Ba
Mountain Lakes, NJ Homes for Sale
THE HISTORIC "CORNELIA HOUSE" IS FOR SALE! JUST A SHORT WALK DOWNTOWN, THIS 1865 QUEEN ANN VICTORIAN HAS ALL THE CHARM AND GRANDER OF YESTER YEAR WITH SOME OF TODAY'S MODERN UPDATES. JUST RENOVATED, THIS GRAND, 3 STORY, 4 FAMILY HAS APPROXIMATELY 6000 SQ FT OF LIVING SPACE, FULL WALK OUT UNFINISHED BASEMENT, DETACHED 2 CAR GARAGE WITH CIRCULAR DRIVEWAY WITH PLENTY OF PARKING AND SITS ON A LARGE LEVEL PRIVATE LOT. UNIT 1 FEATURES 2/3 BEDROOMS, APPROX 1500 SQ.FT, UNIT 2 IS A 1 BEDROOM, UNIT 3 IS A 2 BEDROOM AND UNIT 4 IS APPROX 2000 SQ FT 3 BEDROOM WITH BEAUTIFUL MOUNTAIN VIEWS AND A GREAT VIEW OF BOONTON RESERVOIR. ALL UNITS HAVE NEW CUSTOM KITCHENS, CUSTOM BATHROOMS, LUXURY VINYL FLOORING, LED LIGHTING AND ARE LOADED WITH CHARM. UNITS 1 & 4 FEATURE NEW NATURAL GAS HEAT AND CENTRAL AIR, UNIT 2 & 3 FEATURE NEW SPLIT AIR HEAT AND AC SYSTEMS. ALL NEW WINDOWS AND ALL UNITS HAVE NEW ELECTRIC HOT WATER HEATERS. ALL HAVE SEPARATE ELECTRIC. SEWER AND WATER IS SHARED. MOST OF THE ELECTRIC AND PLUMBING IS NEW. DETACHED 2 CAR GARAGE WITH OPENERS AND NEW CIRCULAR DRIVEWAY. ORIGINAL SLATE ROOF REMAINS AND IS IN GOOD CONDITION. THIS PROPERTY WOULD BE A GREAT INVESTMENT OR AMAZING HOME TO RESIDE IN,LIVE IN 1UNIT AND COLLECT 3 INCOMES! PROPERTY CURRENTLY FULLY OCCUPIED. THE REAR PROPERTY LINE FRONTS THE ROAD BEHIND THE HOME WHICH MAKES THIS A POSSIBLE SUB DIVISION. CLOSE TO PUBLIC TRANSPORTATION, MAJOR ROUTES AND SHOPPING. DON'T MISS THIS RARE OPPORTUNITY!
- $1,690,000
- 8Bd
- 4Ba
- 6,000 Sq Ft
Mountain Lakes, NJ Homes for Sale
Located on a generous 5,624 SF lot, this well-maintained two-family property offers an excellent opportunity for both investors and owner-occupants. Each apartment features 2 bedrooms and 1 full bathroom, providing spacious and functional living layouts. The property includes an oversized garage, a high and dry basement with ample storage potential, upgraded electrical service, and a newer central heating and air conditioning system. Additional highlights include hardwood floors throughout and a welcoming front porch for the first-floor unit. Conveniently located in a desirable residential neighborhood, this property combines strong rental appeal with long-term value and potential.
- $850,000
- 4Bd
- 2Ba
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The prices shown are the median list prices.Boonton Homes for sale
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Mountain Lakes, NJ real estate market trends
Statistics as of November 2026
$999K
Avg. list price
$367/Sqft
Avg. price/sqft
12
Homes for sale
6,800 Sqft
Avg. home size
55 Days
Avg. days on market
Movoto makes it easy to track market trends in Mountain Lakes, NJ. Whether you’re entering the market or planning your next move, understanding these key metrics can guide smart decisions. Looking for more detailed housing market stats in Mountain Lakes, NJ?
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Frequently Asked Questions about Mountain Lakes, NJ
In November 2026 Mountain Lakes homes were listed to buy for a median price of $1.19M, The median value of a home listed to buy in Mountain Lakes in November 2026 was $367 per sqft, which is a 4% decrease to October 2025 last month, and a 4% decrease to November 2025 last year.
It is expensive to live in Mountain Lakes. Buying a home in Mountain Lakes is 3% more expensive compared with the national average.
Yes now is a good time to buy property in Mountain Lakes, in November 2026, homes in Mountain Lakes have decreased in value (price per sqft) by 4% in the last year compared with November 2025.
In November 2026, homes to buy in Mountain Lakes spent an median 53 days on the market, a same November 2025 last year.
The best and safest neighborhoods to live in Mountain Lakes in November 2026 are Forest Hill, Montclair Heights, Middle Village, Upper Vailsburg, Allwood, Albion, Lakeview, Athenia, Eastside, Maple Valley, Richfield, Upper Roseville, South Paterson, Lower Vailsburg, Downtown Paterson, Hillcrest, Lower Roseville, Botany Section, Fairmount, Old Great Falls Historic District
In November 2026, Mountain Lakes homes were listed to buy for a median price of $1.19M, with 25% down you would need $7.9K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $270K.
Yes now is a good time to sell your house in Mountain Lakes, in November 2026, homes in Mountain Lakes have decreased in value (price per sqft) by 4% in the last year compared with November 2025.