Lake Hiawatha House Sells for $699,900, Tops Parsippany’s Real Estate Market
A stunning lakeside property in Lake Hiawatha has been sold for a whopping $699,900, making it the most expensive residential real estate sale in the Parsippany-Troy Hills area in the past week. The house, located at a prime address on 8 New England Drive, offers not only picturesque views but also a beautiful living space that attracted the attention of buyers in the competitive real estate market.
This sale is part of a busy week in the area, with a total of seven residential real estate transactions recorded. The average price of these sales stood at an impressive $434,111, with an average price per square foot of $354. Let’s dive into the details of the other notable sales that took place during this period:
1. 77 Hiawatha Blvd., Lake Hiawatha: This property changed hands for $225,000. Despite its modest square footage of 562 square feet, the house built in 1935 still managed to fetch a price of $400 per square foot. The deal was finalized on October 17.
2. 13B Foxwood Drive, Morris Plains: A condominium sale was successfully completed at a price of $355,000. Spanning an area of 1,152 square feet and constructed in 1980, the condo offered a comfortable living space to its new owners. The deal was finalized in October.
3. 2 Oswego Ave., Lake Hiawatha: Another single-family house found its new owners at a price of $358,880. With a living area of 1,056 square feet, this house built in 1952 provided a cozy and charming home. The deal was also sealed in October.
4. 32 Roosevelt Ave., Lake Hiawatha: This detached house with 863 square feet of space was sold for a total purchase price of $380,000, amounting to $440 per square foot. The vintage house, built in 1939, adds character to the neighborhood and the deal was closed on October 18.
5. 159 Reynolds Ave., Parsippany: A property on Reynolds Avenue changed ownership for a price of $505,000. This house, constructed in 1947 and covering an area of 1,344 square feet, attracted buyers with its attractive price per square foot of $376. The deal concluded on October 17.
6. 23 Tremley Court, Parsippany: This single-family residence was bought for the price of $515,000. Built in 1965, the house spans a living area of 1,441 square feet, and the buyers found the price per square foot of $357 to be reasonable. The finalization of the sale occurred on October 16.
The sale of the stunning lakeside house on 8 New England Drive, Lake Hiawatha, stands out as the highlight of the week. With a generous living area of 2,162 square feet and a beautiful view, it’s no wonder it commanded a price of $699,900. The sale was completed on October 16.
These recent sales in the Parsippany-Troy Hills area exhibit a vibrant real estate market, with a diverse range of properties attracting buyers. Whether it’s a small yet charming house or a spacious lakeside retreat, there is something for everyone in this sought-after neighborhood.
