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Budd Lake

Budd Lake

Suburban Neighborhood in Mount Olive, New Jersey

Morris County 07828, 07836, 07840, 07874

$608,844 Average Value
$315 Average Price per Sq Ft
12 Homes For Sale

An outdoorsy town with postcard views of Budd Lake

In the heart of Mount Olive Township, Budd Lake is a unique gem among New Jersey's natural wonders. It is the largest naturally formed lake in the state, setting it apart from other lakes in the area that have been altered or created by human intervention. The lake's pristine waters and unspoiled shoreline provide a tranquil escape for visitors and residents alike. Surrounded by lush greenery and rolling hills, Budd Lake offers a scenic backdrop for outdoor activities, including fishing, boating and hiking. Anglers can cast their lines and try their luck at catching various fish species, including largemouth bass, pickerel and sunfish. Boating enthusiasts can enjoy leisurely rides on the lake's calm waters, taking in the breathtaking views and the serene atmosphere. Beyond its natural beauty, Budd Lake is also a vibrant community. With over 10,000 residents, the town exudes a charming suburban feel. Many families and young professionals choose to make Budd Lake their home, drawn by its excellent public schools, the great outdoors and easy access to New York City. Its convenient location in Morris County provides easy access to major highways, making it a commuter-friendly town for those working in nearby cities.

Summer homes converted into full-time residences

With some homes surrounding the glacial body of water, residents wake up to sunrises on the water. "Most of Budd Lake's real estate is a lot of summer homes converted into full-time residences," says Realtor Patrick Bolger with The Holmquist Group of Keller Williams Metropolitan. Houses here run the gamut, from quaint to modest colonials, Cape Cods and ranch-style houses to luxurious colonials and some millennium mansions. "You can find a three-bathroom, one-bath ranch style with a finished basement for $329,000, a bi-level with three bedrooms, one bathroom, and a two-car garage for $449,900, or a wholly reconstructed colonial with four bedrooms and three bathrooms for $549,000," says Bolger.

Some Budd Lake homes feature beautiful stonewalls.
Some Budd Lake homes feature beautiful stonewalls.
Residents of Budd Lake often have views of the lake and even private docks
Residents of Budd Lake often have views of the lake and even private docks
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Boating and water sports at Budd Lake Beach Park

If the neighborhood name wasn't enough of a hint, lake life is a thing here. "During the summertime, everyone is out there," Bolger says. "You can find people fishing, tubing and sometimes you'll see sailboats out on the water." Residents and visitors can canoe, kayak or try balancing on a paddleboard. There's also a small beach with ample sunlight for basking. For those who prefer the outdoors on land, there is plenty to explore at Turkey Brook Park, including soccer fields, baseball, softball and football. There are tennis, volleyball and basketball courts, as well as a meandering walking trail.

Boats prepared for the summer season on Budd Lake
Boats prepared for the summer season on Budd Lake
Vessels ranging from small rowboats and kayaks to larger motor boats can be found on Budd Lake.
Vessels ranging from small rowboats and kayaks to larger motor boats can be found on Budd Lake.
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Performances at the Pax Amicus Castle Theather, including Peter Pan

Located near Budd Lake, the Pax Amicus Castle Theatre is a community performing arts theater that stages Broadway and off-Broadway revivals throughout the year. In recent years, they have performed works such as Romeo and Juliet, The Tales of Edgar Allan Poe and Peter Pan.

Favorite local eateries, including Budd Lake Diner

After a day at the lake, have a bite to eat at the Budd Lake Diner. "The food here is delicious. It's been here forever," Bolger says. "A typical Jersey diner with its old-timey décor, it has a little bit of everything." Enjoy a classic hamburger, a tuna melt with a side of fries and cole slaw or chicken parmesan sliders. Locals enjoy West Lake Take Out for its Chinese offerings like spring rolls, lo mein and beef with broccoli. Or, grab some sandwiches from BJ's Sandwich Shop and bring them to the lake. There are cold sandwiches like turkey with fresh mozzarella and roasted peppers or hot subs like meatball parmigiana or sausage and pepper. On Route 46, which runs through Budd Lake, you can find the small businesses that keep life humming along, like dry cleaners and nail salons, a grocery store, and, of course, the Budd Lake fire department.

Enzo's Ristorante & Pizzeria is the place to grab a slice or have a family dinner in Budd Lake.
Enzo's Ristorante & Pizzeria is the place to grab a slice or have a family dinner in Budd Lake.
The Budd Lake Diner has been a local institution for decades.
The Budd Lake Diner has been a local institution for decades.
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Three A-rated schools in the Mount Olive Township School District

Kids can attend three great schools in the Mount Olive Township School District, including Mount Olive High School, which has an A rating on Niche for its college prep, academics and diversity. There, students can apply for several honor societies like history, music, art, English and the International Thespian Society. Mount Olive Middle School, also an A-rated Niche institution, is known for its acclaimed applied music and theory courses, and arts and 3D printing programs. Chester M. Stephens School, an A-rated elementary school, has a language arts program with special area classes in art, music, library science and physical education.

Aerial view of the Mount Olive Marauders football field in Turkey Brook Park in Budd Lake
Aerial view of the Mount Olive Marauders football field in Turkey Brook Park in Budd Lake
Aerial view of Chester M Stephens School in Budd Lake
Aerial view of Chester M Stephens School in Budd Lake
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Driving is easy to and from Morris County

Residents and visitors can drive to Budd Lake around New Jersey via Route 80 heading West or eastbound and on I-287 heading Northwest. Newark Liberty International Airport is approximately 45 miles from Budd Lake. John F Kennedy International Airport is about 70 Miles from Morris County. The Netcong NJ Transit station in Morris County is about 3 miles from Budd Lake Township.

Gabrielle Golenda
Written By
Gabrielle Golenda
John Gallino
Photography Contributed By
John Gallino
Sara Warthen
Video By
Sara Warthen

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Lynette DeLisa, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Newark Liberty International

57 min drive

Train

Mount Olive

Crime and Safety

1 - Low Crime, 10 - High Crime Budd Lake US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 2 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$580,000
Median Single Family Price
$582,500
Median Townhouse Price
$590,000
Average Price Per Sq Ft
$315
Number of Homes for Sale
12
Last 12 months Home Sales
119
Months of Supply
1.20
Median List Price
$581,250
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
9%

Home Facts

Number of Homes in Neighborhood
1,461
Median Year Built
1973
Avg. Single Family Home Size Sq Ft
3,524
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
2,246
Average 2 Bedroom Size Sq Ft
1,360
Median Lot Size Sq Ft
16,770

Open Houses

  • Saturday, Apr 26
    12 - 2pm

    144 Flanders Netcong Rd, Flanders, NJ 07836

    $765,000

    • 4 Beds
    • 3 Baths
    • 144 Flanders Netcong Rd
    • New 4 days ago

    Welcome to this beautifully maintained 4-bedroom, 3 full bath Colonial in Mount Olive. This inviting home offers a perfect blend of classic charm and modern updates, featuring gleaming hardwood floors throughout most of the home and abundant natural light in every room. The heart of the home includes a spacious dining room with newer built-in cabinets, perfect for entertaining or cozy meals. A

    KEVIN CASSE EXP REALTY, LLC

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  • Sunday, Apr 27
    1 - 3pm

    10 Tracey Ln, Budd Lake, NJ 07828

    $699,900

    • 4 Beds
    • 2.5 Baths
    • 10 Tracey Ln
    • New 3 days ago

    Excellent opportunity to own this awesome CH Colonial nestled on 2.6 acres with inground pool in Mount Olive Township! Move right in to this 4 bedroom, 2.5 bath, partially finished walkout basement with exercise room, recreation room and storage room. Fantastic yard with inground pool, patio, with lots of privacy. First floor features eat-in kitchen open to family room with wood burning

    Sharon Caruso RE/MAX HERITAGE PROPERTIES

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Lynette DeLisa, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
15,370
Median Age
41
Population Density
2 ppl/acre
Population under 18
23.6%
On par with the national average
23.8%
Population over 65
16.2%
On par with the national average
19.1%

Finances

Median Household Income
$89,513
Above the national average
$71,702
Average Household Income
$121,919

Education and Workforce

High School Graduates
94.5%
College Graduates
45.6%
Above the national average
34.1%
Advanced Degrees
19.9%
% Population in Labor Force
75.7%
Above the national average
65.1%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
18°F
Average Summer High Temperature
83°F
Annual Snowfall
22''

Area Factors

Somewhat Bikeable

Bike Score®

14 / 100

Car-Dependent

Walk Score®

1 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Budd Lake