NOT LISTED FOR SALE

40 Spruce Terrace Wayne, NJ 07470

Estimated Value: $753,000 - $773,225

4 Beds
3 Baths
2,184 Sq Ft
$349/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2023

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

Est. 21% increase in value since last sale

Current estimated payment $5,264 / mo

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 $763,056, approximately $349 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

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-6660 Listed on: 05/31/2023

Co-Listed By

JEANNEMARIE PHELAN

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-6660

Last Buyer's Agent

REILEY PHELAN

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-6660 Listed on: 05/31/2023

Home Details

Home Type

  • Single Family

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

Year Built

Built in 1960

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1960
  • County Name: Passaic
  • I D: 5223863
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Aug 24, 2023
Sold by
Bought by
Seller's Agent
REILEY PHELAN
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
REILEY PHELAN
KELLER WILLIAMS PROSPERITY REALTY
List Price
$599,900
Sold Price
$630,000
Premium/Discount to List
$30,100
5.02%
Views
156
Current Estimated Value
$763,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,056
Avg. Annual Appreciation
7.14%
Original Mortgage
$504,000
Outstanding Balance
$490,674
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$272,382

Purchase Details

Closed on
Apr 17, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 Stewart Title
$630,000 Stewart Title
$535,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $504,000
Closed $504,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,759 $231,400 $101,800 $129,600
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

    KELLER WILLIAMS PROSPERITY REALTY

  • J

    Seller Co-Listing Agent in 2023

    JEANNEMARIE PHELAN

    KELLER WILLIAMS PROSPERITY REALTY

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

40 Spruce Terrace, Wayne, NJ

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