CCertihomes
48 Old Budd Lake Road, Mt. Olive, NJ 07828

$225,000

3 beds 1 baths 1,252 sqft Built 19487 days on marketClosed

About this home

Opportunity is knocking! Spacious 3 Bed 1 Bath Home in thriving Budd Lake is bursting with possibilities, just in need of your personal touch. Ideal for contractors, investors, or buyers looking to put in some sweat equity to make it their very own. The main level holds a living room, separate formal dining room, eat-in-kitchen, the main full bath with tub shower, and the primary bedroom for easy one level living. Upstairs, find 2 more spacious, private bedrooms. Full unfinished basement holds the utilities and ample storage space. Rear outdoor area holds a storage shed. Plenty of driveway parking, too. All in a convenient commuter location with easy access to major roads inc Route 46, Route 206, I-80, shopping centers, parks, dining, and more! With your TLC and creative vision, the possibilities are endless here. This could be your diamond in the rough. Don't miss out! Come and see TODAY!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$2,669/mo

Real estate (PITI + HOA + PMI)
$2,345
Principal + interest$1,449
Property tax + insurance$812
PMI / 2nd mortgage$84
Utilities
$402
Heating + cooling$48
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$140
$2,669/mo TLC
Budget$5,000/mo
Remaining after TLC$2,331/mo
Purchase price
$225,000
Down payment
$11,250 (5%)
Loan amount
$213,750
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Cape Cod
Year built
1948
Lot size
0.2669 ac
Stories
2
Heating
See Remarks
Cooling
See Remarks
Water
Public
HOA
Annual tax
$6,709
MLS #
2612094R
County
Morris

At a glance

Basement

Home features

Appliances
Electric Range/Oven
Interior
1 BedroomKitchenLiving RoomBath FullDining RoomFlorida Room2 BedroomsNone
Exterior
Storage ShedYard
Parking
1 Car WidthAdditional ParkingAsphalt
Kitchen
Eat-in KitchenSeparate Dining Area
Dining
Formal Dining Room
Master bedroom
1st Floor
Flooring
See Remarks
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, Level, Near Public Transit

Neighborhood — 07828

MetricThis ZIPCountyUSA
Population8,0158,832,837299,088,112
Population Change Since199015.00%14.00%20.00%
Population Density5701,137
Male3,9734,307,827147,432,321
Female4,0424,525,010151,655,844
Never Married1,6361,965,81163,775,926
Married3,5373,647,435123,120,365
Separated208391,23912,639,686
Widowed355515,17215,467,586
Divorced596529,39323,075,029
Number Of House Hold3,1303,167,345111,826,380
Average House Hold Size2.552.732.60
Medial Age35.7537.1535.46
Median House Hold Income$70,499$63,392$48,276
Average House Hold Income$74,903$83,312$63,629
P C I$29,252$30,662$24,529
M D I$57,345$52,505$41,133
A T H E$57,611$61,369$50,898
S T R7.00%7.00%
W C J77.06%81.02%77.74%
(Zip) Code
7828

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →

Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 3/20/2026. Provided courtesy of RE/MAX 1st ADVANTAGE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.