Preakness, NJ Condos for Sale

Preakness, located in Wayne Township, New Jersey, is a suburban community with a rich history tied to the famous Preakness Stakes horse race. The area has evolved into a bustling hub with municipal buildings, schools, churches, and shopping centers situated at the intersection of Valley Road and Preakness Avenue. Homes in Preakness are typically set on one-third acre lots, featuring late 20th-century split-level and bi-level styles, along with New Traditional homes and townhouses. The median price for single-family homes is $755,000, and townhomes average $665,000, with properties selling faster than the national average. Wayne Township Public Schools are highly rated, with local zoning split between Wayne Valley High and Wayne Hills High. Passaic County Technical Institute offers specialized academies, including a Biotech Innovation Center. William Paterson University, located nearby, hosts various cultural events at its Shea Center for Performing Arts. Preakness boasts numerous attractions, including the historic Dey Mansion, Preakness Valley Golf Course, and High Mountain Park Preserve for hiking. Shopping options range from local businesses to the nearby Willowbrook Mall. The community is diverse, with a variety of international cuisines available at local restaurants. Public transportation options include NJ Transit buses and trains, with New York City approximately 20 miles southeast. Newark International Airport is 25 miles away. Crime rates in Wayne Township have seen a decrease in violent crime and a slight increase in property crime, trending safer than the national average. Preakness experiences four distinct seasons, with minor flooding risks around Preakness Brook.