Mountain Lakes was incorporated as a borough by an act of the New Jersey Legislature on March 3, 1924, from portions of Boonton Township and Hanover Township, subject to the results of a referendum passed on April 29, 1924.
Mountain Lakes, New Jersey is one of the oldest craftsman communities in the United States. The town features clusters of bungalow and chateau homes built by Herbert J. Hapgood as well as the contemporary studio craft style. In 1910 Mountain Lakes was a rural woodland owned by a few families with names such as Righter, Grimes, Ball and Van Duyne. Over the next ten years this rural woodland changed completely; it became a planned suburban community. The town developed a natural and architectural character unlike any other. Overall little has changed since this time and Mountain Lakes still maintains this character intact. It has been regarded as one of the most unique communities in all of America. In 1910 when Hapgood constructed these large estate homes the Arts and Crafts movement was at its summit and the homes often maintained a large yet boxy shape. In 1924 Mountain Lakes was officially incorporated into its own town. Following World War II approximately seventy homes were built. Although a number of other planned communities in New Jersey have survived such as Llewellyn Park, before it, and Radburn, after it, Mountain Lakes is one of the few towns designed in the 1910 decade that has both survived and grown with its original goals and character intact.
Today, more than 100 years since its founding, Mountain Lakes continues to attract residents with its charm and natural beauty and sustains them with a richly varied community life and an abundance of civic spirit and pride. New Jersey Monthly magazine ranked Mountain Lakes as the 26th best place to live in New Jersey in its rankings of the “New Jersey’s Top Towns 2011-2012” in New Jersey.