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$1,400,000
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Property Description
Turnkey waterfront two-family investment opportunity generating approximately $95,000 NOI. Fully occupied with strong, stable income and minimal management requirements. The property has undergone a full renovation, including new roof, windows, boilers, septic systems, kitchens, flooring, water heaters, and appliances. Oil tanks have been removed with state certification. Located outside of a flood zone, significantly reducing risk and insurance costs. Rare opportunity to acquire a fully stabilized, low-maintenance asset in a prime waterfront setting. Do not disturb tenants. Showings by appointment only.
Full Property Details
Full Property Details for 37 Lakeshore Dr
General
- Price: $1,400,000
- Taxes: $20,300
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 991452
- Updated: 4/27/2026
- Added to Site: 33 day(s) ago
Interior
- Interior Features: ENERGY STAR Qualified Door(s), Open Floorplan, Open Kitchen, Other, Storage, Walk Through Kitchen, Washer/Dryer Hookup, Wet Bar
- Laundry Facilities: Yes
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Inside
Additional Information
- Security/Safety: Building Security
Exterior
- Exterior Features: Balcony, Dock, Rain Gutters
Parking
- Total Spaces: 8
- Parking Features: Carport, Driveway, Electric Vehicle Charging Station(s), Private
Location
- County: Out of Area
- Cross Streets: Morton Place
- Driving Directions: Google Map Please
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, ENERGY STAR Qualified Equipment, Natural Gas, Other
- Heating Zones: 2
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection
Structural Information
- Architectural Style: Colonial, Contemporary, Cottage, Estate, Modern
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, New Windows, Oversized Windows, Screens, Storm Window(s)
- Building Size: 5800
- Square Feet: 5,800
- Year Built: 1954
Lot Features
- Property View: Lake, Mountain(s), Neighborhood, Open, Panoramic, Park/Greenbelt, Skyline, Trees/Woods, Water
- Mountain views: Yes
- Lot Size (Sq. Ft.): 7,800
- Lot Dimensions: 130 x 63
- Frontage Feet: 60
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Garden, Hilly, Near School, Near Shops, Views, Waterfront, Wooded
- Fencing (Description): Back Yard, Cross Fenced, Partial
Water Features
- Water View: Yes
- Water Front View: Lake Front, Lake Privileges
Financial Considerations
- Tax Amount: $20,300
Disclosures and Reports
- Special Conditions: Real Estate Owned
- Block: 1501
- Lot Number: 42 01501-0000-00061
Listed by Real Estate Concept Group Inc
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Schools
Schools serving 37 Lakeshore Dr
School Districts:Oakland Borough School District, Ramapo-Indian Hill Regional School District
| Name | Grades | Distance |
|---|---|---|
Heights Elementary School 114 Seminole Avenue, Oakland, NJ 07436 | K-5 | 0.8 mi |
Valley Middle School 71 Oak Street, Oakland, NJ 07436 | 6-8 | 0.6 mi |
Indian Hills High School 97 Yawpo Avenue, Oakland, NJ 07436 | 9-12 | 0.7 mi |
Ramapo High School, Franklin Lakes, NJ 331 George Street, Franklin Lakes, NJ 07417 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 37 Lakeshore Dr
Date
Details
Price
Change
Source
4/27/2026
Listed
$1,400,000
139999900%
MLS
11/21/2003
Sold
$1
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 37 Lakeshore Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,332
29%
$950,900
11%
2022
$15,744
-8%
$860,400
29%
2021
$17,186
—
$669,400
20%
2021
$17,186
8%
$559,800
—
2018
$15,859
1%
$559,800
—
2017
$15,652
3%
$559,800
—
2016
$15,227
2%
$559,800
—
2015
$14,924
-8%
$559,800
—
2019
$16,201
12%
$559,800
-1%
2013
$14,485
—
$564,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 37 Lakeshore Dr
37 Lakeshore Drive, Oakland, NJ 07436 (MLS# 991452) is a Multi-Family property with 2 units containing 8 bedrooms and 4 full bathrooms. 37 Lakeshore Drive is currently listed for $1,400,000 and was received on April 27, 2026. Want to learn more about 37 Lakeshore Drive? Do you have questions about finding other Multi-Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.
