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32 Oakwood Dr, Medford, NJ, 08055

3beds
2baths
2,010sqft
$892,000
$444price/sqft
$6,536/moest. monthly cost
$261,440/yrincome needed

About This Home

PRIVATE LAKEFRONT RETREAT--Showings on this stunner start Wednesday, May 6! Situated on a spectacular .87-acre lakefront lot, this one-of-a-kind property offers an extraordinary lifestyle on a privately owned lake shared by just 11 homeowners—an incredibly rare and coveted setting. See Survey where the lot extends all the way across the lake to the chain link fence. From the moment you arrive, the exceptional curb appeal is undeniable, with the gorgeous specimen plantings and mature trees highlighted by a beautifully patterned concrete driveway and a welcoming front porch. Step inside to a stunning foyer featuring rich hardwood flooring, a soaring vaulted and beamed ceiling in the living room, built in cabinets on the side wall and stunning light fixtures perfectly accented by a soothing, designer-inspired color palette. The dining room showcases panoramic lake views, creating the perfect backdrop for everyday living or special gatherings. Be sure to stop for a moment to take in the glorious lake views! The expanded gourmet kitchen is truly a showstopper, boasting porcelain tile flooring, abundant cabinetry with custom doors, a large pantry, Corian countertops, stainless farm sink and an impressive oversized island. Stainless steel appliances include an induction cooktop, double ovens, microwave, dishwasher, and refrigerator - WOW - this is truly a gourmet kitchen! Walls of windows frame breathtaking water views, making meal prep and entertaining an absolute joy—just imagine the sunsets! A convenient pocket door leads directly to the garage complete with electric garage door opener - so convenient for bringing in groceries! Just a few steps up from the foyer is the bedroom wing, where the serene primary suite overlooks the lake. The updated (2018) primary bath features a bubbling tub with heat settings, heat lamp, and a spacious, custom-outfitted closet accessed through a stylish barn door. Two additional generously sized bedrooms offer hardwood flooring, window shades, and ample closet space. A few steps down from the foyer leads to the inviting family room, complete with luxury vinyl flooring, a side entrance, and smart home features including voice-activated lighting and electric blinds. The full laundry room is thoughtfully designed with Samsung washer and dryer (gas), a laundry tub, built-in folding table, ironing board, and access to the backyard. A full bath and additional storage complete this level. Be sure to take in the rear grounds and lake - here in the back, there is a patio complete with fire pit and a dock with a sandy beach - just imagine relaxing lakeside, swimming (the lake is approx. 5' deep), fishing, kayaking, paddleboarding - there's nothing like lakefront living! This home is loaded with premium amenities including geothermal heating and air conditioning, smart thermostats, smart light switches, a pellet stove, and a lake aeration system powered by a windmill to maintain lakebed quality. Meticulously updated and upgraded throughout, this exceptional property offers luxury, privacy, and natural beauty—truly a rare opportunity to own a private lakefront retreat unlike any other. This is such a special home!

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

7/10
Shawnee High SchoolGrades 9-123.5 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1966

Materials

  • Foundation: Block
  • Roof: Architectural Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Built-In Range,Cooktop,Dishwasher,Disposal,Dryer,Energy Efficient Appliances,Double Oven,Self Cleaning Oven,Refrigerator,Stainless Steel Appliance(s),Washer,Water Conditioner - Owned,Water Treat System,Electric Water Heater
  • Laundry features: Has Laundry,Lower Level

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s),Combination Kitchen/Dining,Kitchen - Gourmet,Kitchen Island,Pantry,Recessed Lighting,Upgraded Countertops,Walk-In Closet(s),Dry Wall,Vaulted Ceiling(s)
  • Flooring: Hardwood,Tile/Brick,Laminate,Wood
  • Fireplace features: Pellet Stove
  • Finished area below ground: 0
  • Finished area above ground: 2,010

Heating & Cooling

  • Heating features: Other,Geothermal
  • Cooling features: Geothermal

Interior Area

  • Total structure area: 2,010
  • Total interior livable area: 2,010 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 200290500013
  • Zoning: GD
  • Special condition: Standard
  • Exclusions: Flat Screen Televisions,Tonal,Peleton,Patio Lounge Chairs,Small Grills,Main Floor Tv And Wall Bracket,Lower Floor Tv And Wall Bracket,Bird Bath,Generator.

Features

  • Levels: Multi/Split,Three
  • Stories: 3
  • Pool features: None
  • Exterior features: Extensive Hardscape,Lighting
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Lake,Panoramic,Water
  • Has water view: Yes
  • Water view: Lake,Water
  • Waterfront features: Lake

Lot

  • Lot size: 0.87 Acres
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 1
  • Parking features: Garage Door Opener,Garage Faces Front,Circular Driveway,Concrete,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Heat Wave
Ice Storm
Lightning
Wildfire
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,510$54,120
Home Insurance *$267$3,204
Property Taxes $1,538$18,456
Electricity $221$2,658
Total$6,536$78,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$224,091/yr
40% on housing$196,080/yr
45% on housing$174,293/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$444This listing

vs Other Active Listings

Avg $/sqft

ZIP 08055$255
Burlington County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 08055$264
Burlington County$240

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-06Listed for sale$925,000
2008-06-19Sold$388,000
2008-02-26Listed for sale$411,700
1994-05-24Sold$51,750
1993-12-22Sold$165,000

For Sale by Agent

AgentCarol Latti, BHHS Fox & Roach-Medford
BrokerageBHHS Fox & Roach-Medford

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