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8 Cornell Way, Hopatcong, NJ, 07843

2beds
1baths
--sqft
$310,000
--price/sqft
$2,429/moest. monthly cost
$97,160/yrincome needed

About This Home

Charming ranch-style home offering comfortable one-floor living in the desirable Lake Hopatcong community! This well-maintained 2-bedroom, 1-bath home also features a versatile BONUS ROOM on the ground level with walkout access, ideal for a home office, recreation room or guest space. Hardwood floors run throughout the main living areas, and several major updates have already been completed, including an approximately 7-year-old roof, 4-year-old furnace, and a hot water heater that is only about 2 years old.The level and open backyard provides great outdoor space for entertaining, relaxing, gardening, or play, complete with a patio area for outdoor enjoyment. Public water and public sewer add convenience and value. Located close to Lake Hopatcong, major highways, shopping, restaurants, and everyday amenities, this home offers an excellent combination of location and practicality. Great opportunity for first-time buyers, downsizers, or anyone looking to own in a sought-after lake community!

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

3/10
3/10
Hopatcong High SchoolGrades 8-120.8 mi

Construction

Condition

  • Year built: 1948

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven-Gas,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Yes,Partially Finished

Bedroom1

  • Level: First
  • Area: 165

Bedroom2

  • Level: First
  • Area: 54

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Area: 99

Features

  • Den,Walkout
  • Flooring: Wood

Heating & Cooling

  • Heating features: 1 Unit,Forced Air,Oil Tank Above Ground - Outside
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Kitchen

  • Features: Eat-in Kitchen
  • Level: First
  • Area: 66

Living Room

  • Level: First
  • Area: 135

Property

Details

  • Parcel number: 2812301040000000160000
  • Exclusions: Personal property

Features

  • Patio & porch: Patio

Lot

  • Lot size: 4,356 sqft
  • Features: Level,Open Lot
  • Lot size dimensions: 40 x 100

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width,Asphalt
  • Uncovered spaces: 1

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

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Lightning
Winter Weather

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 $1,567$18,804
Home Insurance *$86$1,032
Property Taxes $583$6,996
Electricity $193$2,318
Total$2,429$29,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,280/yr
40% on housing$72,870/yr
45% on housing$64,773/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: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07843$326
Sussex County$266

vs Homes Sold Last Month

Median $/sqft

ZIP 07843$342
Sussex County$279

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)

Price History

DateEventPrice
2026-07-08Price change$310,000
2026-05-12Listed for sale$279,000
2026-04-14Listing removed$279,900
2026-03-29Listed for sale$279,900
2026-03-25Pending sale$279,900
2026-03-07Listed for sale$279,900
2025-12-16Listing removed$310,000
2025-09-17Price change$310,000
2025-06-16Price change$330,000
2025-05-19Listed for sale$340,000
2019-12-20Sold$90,000
2019-12-04Pending sale$100,000
2019-11-08Listed for sale$100,000

For Sale by Agent

AgentBrianna Bastianelli
BrokerageSignature Realty Nj

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