$640,000
Restored 1960s lake cottage
5 bd2 ba
2,900 sqft
150 ft shore
Single-slip stationary
$4,267/ft
Turnkey lake house with two-slip dock on Lake Hopatcong. Roughly 420 feet of owned shoreline on 3.03 acres, with 3 bedrooms across 3,100 square feet. Crib dock with lift. Water clarity on Lake Hopatcong averages around 8 feet and the lake is classified managed for water level. Dock and shoreline work fall under NJDEP Lake Hopatcong Commission. This is a sample listing used to demonstrate the platform.
| Down payment | $61,000 |
| Closing costs (est. 2.4%) | $7,320 |
| Septic inspection & pump | $850 |
| Water quality testing | $400 |
| Waterfront home inspection | $800 |
| Survey (shoreline frontage) | $1,200 |
| Total | $71,570 |
| Principal & interest | $19,284 |
| Property taxes | $2,556 |
| Hazard insurance | $1,400 |
| Flood insurance | $2,400 |
| Utilities | $4,185 |
| Maintenance reserve (1.1%) | $3,355 |
| Septic service | $520 |
| Well & water testing | $260 |
| Dock maintenance | $900 |
| Winterization / seasonal close | $750 |
| Shoreline / seawall reserve | $2,520 |
| Total | $38,130 |