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$6,700
Property Description
Enjoy resort-style living at a reasonable price with this Lake Mohawk Country Club lot. With the purchase of this CLUB LOT is access to membership to Lake Mohawk Country Club, offering access to a wide range of amenities. Please note, this is NOT A BUILDABLE LOT.Spend your days swimming, fishing, skating, boating, and enjoying everything this vibrant lake community has to offer. Just in time for the spring and summer seasons, this lot is perfect for those looking to embrace the Lake Mohawk lifestyle and all its recreational opportunities.A great opportunity to be part of one of Sussex County's most sought-after lake communities.
Full Property Details
Full Property Details for 40 Summit Terrace
General
- Price: $6,700
- HOA FEE: $225/month
- HOA FEE FREQ.: Annually
- Taxes: $202 (2025)
- Status: Active
- Type: Lots/Land
- Source: Garden_State
- MLS ID: 4006396
- Updated: 3/19/2026
- Added to Site: 82 day(s) ago
Business
- Misc. Information: Association Fee, Maintenance Fee, See Remarks
Location
- County: Sussex
- Subdivision: Lake Mohawk
- Driving Directions: Summit Road to Summit Trail (Private)
- Total Lots Available: 1
Community
- Assoc. Fees Include: See Remarks
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Existing Structures: No Building, See Remarks
Lot Features
- Lot Size (Acres): 0.09
- Lot Size: Club Lot
- Frontage: See Remarks
- Street/Road Desc.: See Remarks
- Topography: See Remarks
- Development Status: See Remarks
- Land Improvements: See Remarks
- Present Use: Vacant/Unimproved
- Trees/Vegetation: See Remarks
- Soil: See Remarks
- Zoning: R-3, See Remarks
Financial Considerations
- Association Fee: $2,700
- Assoc Fee Freq.: Annually
- Assessment Amount: $5,500
- Land Assmt: $5,500
- Tax Amount: $202
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: See Remarks
- Restrictions: See Remarks
- Disclosures/Reports: Yes
- Perc Type: Unknown or Untested
- Block: 4013
- Lot Number: 56
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 40 Summit Terrace
School District:Sparta Township School District
| Name | Grades | Distance |
|---|---|---|
Sparta Alpine Elementary School 151 Andover Road, Sparta, NJ 07871 | PK-2 | 0.3 mi |
Helen Morgan Elementary School 100 Sparta Road, Sparta, NJ 07871 | 4-5 | 1.7 mi |
Mohawk Avenue Elementary School 18 Mohawk Avenue, Sparta, NJ 07871 | 3- | 2 mi |
Sparta Middle School 350 Main Street, Sparta, NJ 07871 | 6-8 | 4.2 mi |
Sparta High School 70 West Mountain Road, Sparta, NJ 07871 | 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 40 Summit Terrace
Date
Details
Price
Change
Source
3/19/2026
Price Reduced
$6,700
-16.25%
MLS
2/01/2026
Price Reduced
$8,000
-20%
MLS
1/22/2026
Listed
$10,000
56.25%
MLS
10/11/2013
Sold
$6,400
—
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 40 Summit Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$197
5%
$5,500
—
2022
$187
2%
$5,500
—
2021
$184
-2%
$5,500
—
2020
$187
5%
$5,500
—
2018
$178
1%
$5,500
—
2017
$176
-3%
$5,500
—
2019
$182
-10%
$5,500
-15%
2016
$203
5%
$6,500
30%
2015
$194
4%
$5,000
—
2013
$187
—
$5,000
—
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 40 Summit Terrace
40 Summit Ter, Sparta Township, NJ 07871 (MLS# 4006396) is a Lots/Land property with a lot size of 0.09 acres. 40 Summit Ter is currently listed for $6,700 and was received on January 22, 2026. This property is listed by Dennis Capriglione from our Sparta Office.Want to learn more about 40 Summit Ter? Do you have questions about finding other Lots/Land real estate for sale in Lake Mohawk? You can browse all Lake Mohawk real estate or contact a Coldwell Banker agent to request more information.


