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39 N SHORE DRIVE
About This Property
Known as "The Family Playground," Lake Garrison offers the nostalgic feel of summers gone by-days spent by the water, evenings relaxing at the cottage, and plenty of opportunities to make memories with friends and loved ones. The lake features a sandy beach, lifeguarded swimming area, playground, shaded picnic areas and open spaces for outdoor fun! When you're ready to get out on the water a private dock, canoe & paddleboat are included. There are also covered pavilions for gatherings and the Garrison Grill for an easy bite between adventures.
Whether your ideal day means swimming, paddling across the lake, enjoying a picnic, relaxing outside the cottage or simply slowing down and enjoying the scenery, Lake Garrison offers a summer lifestyle that feels like stepping back to a simpler time.
This isn't just a cottage-it's your place at the lake, your summer escape, and the beginning of traditions you'll look forward to year after year. A shed is included for storage as well!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$115,000
↓ $10K
(8%) | |
| Price Decreased | |||
| Aug 23, 2026 | Listed by Better Homes and Gardens Real Estate Realty Connect | $125,000 | |
| Listed by Better Homes and Gardens Real Estate Realty Connect | |||
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Keller Williams Realty - Washington Township | $85,000 | |
| Listed by Keller Williams Realty - Washington Township | |||
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Welcome to this relaxing lakeside vacation home in Monroeville New Jersey located in the community of Garrison Lake. This cozy 2 bedroom 1 bath cottage is perfect for your family's weekend retreat. It offers tranquil views of the Lake and a huge front deck, ideal for your morning cup of coffee. A fishman's dream with your own private dock and canoe. A shed out back offers additional storage. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017