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Ledgewood is an unincorporated community and census-designated place (CDP) in Roxbury Township, Morris County, New Jersey, United States. It was historically known as Drakesville after Abraham Drake, originally from Piscataway, New Jersey, who operated a mill and tavern here in the mid-1700s. The community was located on the Morris Canal. The name changed to Ledgewood on January 1, 1892.