NOT LISTED FOR SALE

40 Spruce Terrace Wayne, NJ 07470

Packanack Lake Neighborhood

Estimated Value: $751,000 - $809,000

4 Beds
3 Baths
2,184 Sq Ft
$356/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $630,000 $288 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,164/month

47 Days on Market

About This Home

As of August 2023

This home is located at 40 Spruce Terrace, Wayne, NJ 07470 since 31 May 2023 and is currently estimated at $778,482, approximately $356 per square foot. This property was built in 1960. 40 Spruce Terrace is a home located in Passaic County with nearby schools including Packanack Elementary School, George Washington Middle School, and Wayne Valley High School.

Last Agent to Sell the Property

REILEY PHELAN

WEICHERT REALTORS Brokerage Phone: 973-696-6660 Listed on: 05/31/2023

Co-Listed By

JEANNEMARIE PHELAN

WEICHERT REALTORS Brokerage Phone: 973-696-6660

Last Buyer's Agent

REILEY PHELAN

WEICHERT REALTORS Brokerage Phone: 973-696-6660 Listed on: 05/31/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,231

Year Built

  • Built in 1960

Lot Details

  • 9,148 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,231

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Passaic
  • Street Number Display: 40
  • I D: 5223863
  • Modified: 2024-08-29
  • Attribution Contact: 973-696-6660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .215 AC
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Aug 24, 2023
Sold by
Christie Helene
Bought by
Silva Reneiro J and Silva Reneiro
Seller's Agent
REILEY PHELAN
WEICHERT REALTORS
Buyer's Agent
REILEY PHELAN
WEICHERT REALTORS
List Price
$599,900
Sold Price
$630,000
Premium/Discount to List
$30,100
5.02%
Views
156
Current Estimated Value
$735,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,324
Avg. Annual Appreciation
8.29%
Original Mortgage
$504,000
Outstanding Balance
$494,026
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$241,298

Purchase Details

Closed on
Apr 17, 2006
Sold by
Clancy Frank L
Bought by
Christie Helene
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
Silva Reneiro J $630,000 Stewart Title
Christie Helene $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Reneiro J $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $630,000 +5.0% $288 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $599,900 -- $275 / Sq Ft
Source: Garden State 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
2024 $13,231 $231,400 $101,800 $129,600
2022 $13,083 $231,400 $101,800 $129,600
2021 $13,069 $231,400 $101,800 $129,600
2020 $13,012 $231,400 $101,800 $129,600
2019 $12,759 $231,400 $101,800 $129,600
2018 $12,646 $231,400 $101,800 $129,600
2017 $12,530 $231,400 $101,800 $129,600
2016 $12,354 $231,400 $101,800 $129,600
2015 $12,206 $231,400 $101,800 $129,600
2014 $11,862 $231,400 $101,800 $129,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    REILEY PHELAN

    WEICHERT REALTORS

  • J

    Seller Co-Listing Agent in 2023

    JEANNEMARIE PHELAN

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3846540

Garden State MLS

APN: 14-01706-0000-00018

New Jersey Passaic County Wayne 07470 Packanack Lake

40 Spruce Terrace, Wayne, NJ

This home is located at 40 Spruce Terrace, Wayne, NJ 07470 since 31 May 2023 and is currently estimated at $778,482, approximately $356 per square foot. This property was built in 1960. 40 Spruce Terrace is a home located in Passaic County with nearby schools including Packanack Elementary School, George Washington Middle School, and Wayne Valley High School.

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