Formerly known as Long Pond, Lake Owassa is a 275-acre freshwater lake fed by runoff from Kittatinny Mountain. The lake is owned by a private community association that regularly hosts boat races, picnics, canoe and kayak trips, and other special community events. Only members and residents are permitted to use the lake, but there are a number of lake cottages that can be rented for the week or for the season by anyone who would like to enjoy the lake and its amenities. The lake is stocked with bass and trout, and fishing is permitted but carefully monitored.

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