Family and friends gathered Friday night for the wake for 15-year old Nick Cianciotto.
He disappeared along with a friend in Budd Lake in Mount Olive.
The body of Clyde Schimanski III was found late Wednesday afternoon, one day after Cianciotto's body had been recovered.
Officials have said the boys were out fishing on the mostly frozen lake shortly after 6 p.m. Monday when they somehow ended up in the water.
Police received reports of screams for help coming from the lake a short time later.
Authorities have said two residents went out on a boat in a bid to rescue the teens, but failed to find anyone.
Get Eyewitness News Delivered