NOT LISTED FOR SALE

40 Oakwood Dr Wayne, NJ 07470

Estimated Value: $766,000 - $921,000

3 Beds
3 Baths
2,346 Sq Ft
$368/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $702,000 $299 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,717/month

18 Days on Market

Highlights

  • Lake Privileges
  • Multiple Fireplaces
  • Tandem Parking
  • Packanack Elementary School Rated A-
  • Corner Lot
  • Stairway

About This Home

As of May 2022

Sprawling ranch with lake views in the desirable community of Packanack Lake. Home features 3 large bedrooms each with an updated en suite, office with fireplace, beautifully renovated kitchen with granite counters, stainless steel appliances and an island with a built-in dining table. Tons of natural light throughout the expansive living room/dining room including a feature wall with fireplace and access to the large deck. Bonus room/den is currently being used as a sewing room/laundry room with an entrance to the backyard. Finished walk-out lower level includes a family room, bar, workshop, storage and potential for a fourth bathroom. Hardwood flooring and recessed lighting in most rooms. Walking distance to the beach, clubhouse, park, and restaurant. Close to NYC transportation. Highly rated school system.

Last Agent to Sell the Property

Laurie Hensen

Coldwell Banker, Wayne Listed on: 03/17/2022

Coldwell Banker, Wayne

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,152

Lot Details

  • 0.32 Acre Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Tandem Parking

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Schools

  • Packanack Elementary School
  • George Washington Middle School
  • Wayne Valley High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Multiple Fireplaces
  • Stairway
  • Lake Privileges
  • Finished Basement

Listing and Financial Details

  • Legal Lot and Block 00023 / 01730

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,152

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Corner Lot
  • View Type:Pond View: None
  • Co List Office Phone: 973-694-8000
  • Outside Inclusions: Washer, Dryer, Refrigerator, Oven, Dishwasher
  • MLS Status: Sold - Sold
  • Directions: Ratzer to Oakwood or Cedar to Oakwood
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Grd Lv Acces
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Lake Privileges
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas

Schools

  • Elementary School: Packanack E.S.
  • High School: Wayne Valley H.S.
  • Middle Or Junior School: George Washington
  • Elementary: Packanack E.S.

Lot Info

  • Lot Size Sq Ft: 14070.0

Tax Info

  • Tax Annual Amount: 13152.0
  • Tax Block: 01730
  • Tax Lot: 00023

MLS Schools

  • High School Text: Wayne Valley H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 27, 2022
Sold by
Lambert Mark C and Lambert Anne Z
Bought by
Bona Dariusz and Gesek Anna
Seller's Agent
Laurie Hensen
Coldwell Banker, Wayne
Buyer's Agent
Outside Agent
Outside Office
List Price
$629,000
Sold Price
$702,000
Premium/Discount to List
$73,000
11.61%
Current Estimated Value
$863,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,216
Avg. Annual Appreciation
6.44%
Original Mortgage
$561,600
Outstanding Balance
$534,503
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$328,713

Purchase Details

Closed on
Jun 23, 1997
Sold by
Dalton Arthur
Bought by
Lambert Mark and Lambert Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bona Dariusz $702,000 Empire Title
Bona Dariusz $702,000 Empire Title
Lambert Mark $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bona Dariusz $561,600
Closed Bona Dariusz $561,600
Previous Owner Lambert Mark $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $702,000 +11.6% $299 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $629,000 -- $268 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,908 $233,900 $117,200 $116,700
2024 $13,374 $233,900 $117,200 $116,700
2022 $13,225 $233,900 $117,200 $116,700
2021 $13,211 $233,900 $117,200 $116,700
2020 $13,152 $233,900 $117,200 $116,700
2019 $12,897 $233,900 $117,200 $116,700
2018 $12,783 $233,900 $117,200 $116,700
2017 $12,666 $233,900 $117,200 $116,700
2016 $12,488 $233,900 $117,200 $116,700
2015 $12,338 $233,900 $117,200 $116,700
2014 $11,990 $233,900 $117,200 $116,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22008799

New Jersey MLS

APN: 14-01730-0000-00023