34
Map
$298,000
●
Condo -
For Sale
5 Eagles Nest Dr #2
Vernon Twp., NJ 07462
3 Beds
2 Baths
$2,404
Est. Monthly
$440
HOA / Fees
8.15%
Cap Rate
About This Property
Perched high on the mountain, this beautifully updated 3-bedroom,
2-bath end-unit loft condo offers breathtaking panoramic views and
an abundance of natural light. Skylights and greenhouse windows
fill the open-concept living space with sunshine, creating a bright
and inviting atmosphere. The updated kitchen features elegant
quartz countertops and flows seamlessly into the dining and living
areas, perfect for everyday living and entertaining. Luxury vinyl
plank flooring extends throughout the home, complemented by
tastefully updated bathrooms. Enjoy the privacy of an end unit,
move-in ready condition, combined with stunning scenery and
modern upgrades in this exceptional mountain retreat. A ski-in,
ski-out location (Mountain Creek pass is required) for winter
enthusiasts ! This area of complex is approved for AirBNB ( short
term rentals), if interested in investment opportunity. Enjoy all
that Great Gorge Village and Sussex County has to offer. Close to
Mountain Creek, Minerals Fitness and Spa, Crystal Springs, Award
Winning Golf Courses, Farms, Breweries, Wineries
Unit Size
-
Days on Market
-
Land Size
0.01 acres
Price per sqft
-
Property Type
Condo
Property Taxes
$500
HOA Dues
$440
Year Built
1987
Listed By
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 12 days ago (GSMLS #4061950)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2026 | Listed by BHHS GROSS AND JANSEN REALTORS | $298,000 | |
| Listed by BHHS GROSS AND JANSEN REALTORS | |||
| Jan 17, 2023 | No longer available | - | |
| No longer available | |||
| Jan 13, 2023 | Sold | ||
| Sold | |||
| Dec 3, 2022 | In contract | - | |
| In contract | |||
| Nov 23, 2022 | Listed by Better Homes and Garden Real Estate Green Team | $225,000 | |
| Listed by Better Homes and Garden Real Estate Green Team | |||
| | |||
|
Beautiful Condo with the most magnificent views! Every season offers the view that will leave you speechless! The condo is an end unit, giving you a lot of privacy. Water heater replaced 2020, and Central Air replaced 2021, all appliances (including washer/dryer) replaced 2019. Two bedrooms on main floor with full bath and third bedroom is in the loft with it's own private full bath with shower stall. Very spacious living room, dining room and kitchen - open concept! Close to Mountain Creek for those avid skiers and some snow tubing fun too! In the warmer months you can hang out at your beautiful association pool or check out Minerals Hotel & Spa and join their state of the art gym, revamped in 2022. With a membership you can take a class, climb the rock wall, swim some laps in one of their 3 pools or relax in the hot tub or sauna. The decision is yours! Living is easy in this neck of the woods, come check out all that is offered in the area! The manager has listed the unit size as 1198 square feet.
| |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Blinds, CODetect, CeilCath, AlrmFire, CeilHigh, SmokeDet, TubShowr, WndwTret
Appliances: Dishwasher, Carbon Monoxide Detector
Flooring Type: Carpet, Laminate
Rooms: 5
Exterior Details
Has Property Attached
Architectural Style: Townhouse-End Unit, Multi Floor Unit
Year Built: 1987
Window Features: Skylight(s)
Construction Materials: Wood Shingle
Patio and Porch Features: Deck
Pool Features: Association
Pool is Private
Lot Features: Mountain View, Skyline View
Lot Size Area: 435.6
Lot Size Units: Square Feet
Lot Size Acres: 0.01
Lot Size Square Feet: 435.6
Water Source: Public, Water Charge Extra
Financial Details
Tax Assessed Value: $256,100
Tax Annual Amount: $6,005
Utilities Details
Cooling Type: Central Air, 1 Unit
Heating Type: Forced Air, 1 Unit
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
HOA Fee: $440
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/23/2022
|
3 Bed
|
2 Bath
|
1198 ft²
|
$225,000
3 Bed
2 Bath
1198 ft²
|
-
-
|
Barbara Matchett
Mountain Properties
| |
|
06/30/2022
| |
2 Bed
|
2 Bath
|
1368 ft²
|
$179,900
2 Bed
2 Bath
1368 ft²
|
-
-
|
Josephine Taylor
Coldwell Banker, Alpine/Closter
|
|
06/17/2020
|
2 Bed
|
2 Bath
|
980 ft²
|
$125,000
2 Bed
2 Bath
980 ft²
|
-
-
|
-
| |
|
11/30/-0001
|
2 Bed
|
-
|
-
|
$275,000
2 Bed
-
|
$223,000
-18.91%
08/28/2026
|
ELIA CUEVA
QUEENS REALTY
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$240,000
2 Bed
2 Bath
|
-
-
|
KAREN GLOWACKI
BHHS GROSS AND JANSEN REALTORS
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$178,888
2 Bed
2 Bath
|
$220,000
+22.98%
09/22/2023
|
TERI DEGROAT
WEICHERT REALTORS
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$179,900
2 Bed
2 Bath
|
$190,000
+5.61%
09/21/2022
|
Josephine Taylor
Coldwell Banker, Alpine/Closter
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$239,000
2 Bed
2 Bath
|
$239,000
09/09/2022
|
Nancy Martin
Hudson Valley Realty Center
| |
|
11/30/-0001
|
3 Bed
|
2 Bath
|
-
|
$265,000
3 Bed
2 Bath
|
$265,000
01/31/2023
|
CHRISTOPHER L. BRUSCINO
REALTY EXECUTIVES EXCEPTIONAL
| |
|
11/30/-0001
|
3 Bed
|
2 Bath
|
-
|
$225,000
3 Bed
2 Bath
|
$225,000
01/13/2023
|
Barbara Matchett
Mountain Properties
|
Building Info
About Vernon Center
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Last Updated: 12 days ago
Data Source: GSMLS, MLS#
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: GSMLS, MLS#
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