Have sales of lakefront homes on Lake Hopatcong in NJ slowed . . have the selling prices dropped?

Margaret
Home Buyer
10952

Answers (2)
Deborah Madey -...
Agent
Rumson, NJ

In Sussex County, you will find values that surpass that of what you are likely to find anywhere else in NJ. Many people live on waterway inlets from the ocean and rivers, and many of these bays feel and look like lakes. However, they come w/ price tags substantially higher than Hopatchong. There is a seasonality to real estate associated w/ when one can gain the best and most frequent use of the amenities. Hopatchong provides much for the investment made. I would not anticipate strong appreciation in the next few years. For a buy and hold property, good value.

Wed Oct 17 2007, 05:48
Jean Doyle
Agent
Morris County, NJ
FIRST ANSWER

Overall lakefront homes have come down a little on Lake Hopatcong. Sales of lakefronts tend to slow a little once the summer passes. Most lakefront buyer like to in by spring or early summer so they can enjoy the season on the lake. Most lakefront sellers that have their home on the market in the off season are serious about selling. If you would like a list of available lakefront homes feel free to contact me.

Tue Oct 16 2007, 18:34

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