Opportunity awaits within this historic Hapgood colonial, nestled on a private .46 acre lot that borders borough property. Its location offers a carefree lifestyle in the sought after town of Mountain Lakes with award-winning schools and resort lifestyle. Unleash your creativity and bring along your trusty toolkit to transform this abode into your ultimate dream home! Step inside to discover a front porch, a spacious living room with a cozy wood-burning fireplace, a formal dining room with a built-in cabinet and an eat-in kitchen. With a total of five bedrooms and an expansive third-floor recreation room, this home promises plenty of room for everyone! Whether you choose to renovate or embark on a grand restoration project, you'll have the chance to enjoy everything that Mountain Lakes has to offer, including: 9 lakes, walking paths, tennis and beaches. Please note that the home is being sold AS-IS, granting you the freedom to shape it into your vision.