NOT LISTED FOR SALE

42 Elmwood Terrace Wayne, NJ 07470

Packanack Lake Neighborhood

Estimated Value: $781,000 - $873,000

5 Beds
2.5 Baths
2,269 Sq Ft
$360/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $567,000 $250 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,605/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Porch
  • Packanack Elementary School Rated A-
  • Formal Dining Room
  • 1 Car Attached Garage

About This Home

As of December 2020

COME, FALL IN LOVE & MOVE RIGHT IN...there is nothing else to do! Welcome to this beautifully renovated colonial in the desirable Packanack Lake community! Full of upgrades, this home offers a modern kitchen with brand new SS appliances, open floor plan with separate living and dining room areas, large master bedroom with en suite, and a powder room completing the first floor. Go up the stylish stairs with glass railing to the second floor where you'll find another 3 sizable bedrooms, home office (or 5th bedroom), main full bath and spacious laundry room. All new: gas boiler, HW heater, electric, roof, plumbing, etc. (Check out the amazing Virtual Tour)

Last Agent to Sell the Property

Lourdes Henry

KELLER WILLIAMS PARK VIEWS Listed on: 11/16/2020

KELLER WILLIAMS PARK VIEWS

Last Buyer's Agent

ROMILA BAJAJ

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,809

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Paver Block

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,269 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 2514-01705-0000-00024-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,809

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Renovated
  • County Name: Passaic
  • Renovated Year: 2020
  • Street Number Display: 42
  • Directions: Alps Rd to Osborne Ter to Elmwood Ter
  • I D: 5032489
  • Modified: 2022-01-01
  • Number Images: 24
  • First Name: LOURDES J.
  • First Name3: ROMILA
  • Last Name: HENRY
  • Last Name3: BAJAJ
  • Office Phone: 201-939-0050
  • Office Phone3: 9733349400
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator
  • Number Rooms: 8
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Storage Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: Second
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Laundry Room
  • Other Room3 Level: Second
  • Other Room 4: PowderRm
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Dining Room, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Laundry Room
  • Estimated Sq Ft: 2269
  • Phone: 201-939-0050

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Paver Block

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: .215 AC
  • Assessed Improvement Value: 76100
  • Assessed Land Value: 101800
  • Assessment: 177900
  • Easement: Unknown
  • Lot Identifier: 24
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9809
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01705-0000-00024-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.514
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 30, 2020
Sold by
J & J Transformations Llc
Bought by
Yoo Byung Chul and Yoo Yeon
Seller's Agent
Lourdes Henry
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
ROMILA BAJAJ
WEICHERT REALTORS
List Price
$575,000
Sold Price
$567,000
Premium/Discount to List
-$8,000
-1.39%
Current Estimated Value
$815,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,776
Original Mortgage
$455,000
Outstanding Balance
$410,712
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2019
Sold by
Macdonald Kathleen L and Pnc Bank National Association
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 30, 2011
Sold by
Macdonald Kathleen and Oliver Kathleen L
Bought by
Macdonald Kathleen
Source: Public Records

Range of Values:

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Average Value
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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
Yoo Byung Chul $567,000 Heritage Abstract Company
The Bank Of New York Mellon -- None Available
Macdonald Kathleen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoo Byung Chul $455,000
Closed Yoo Byung Chul $455,000
Previous Owner J & Transformations Llc $354,250
Previous Owner Macdonald Warren D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $567,000 -1.4% $250 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $575,000 -- $253 / 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 $13,918 $243,400 $101,800 $141,600
2022 $13,762 $243,400 $101,800 $141,600
2021 $10,048 $177,900 $101,800 $76,100
2020 $10,003 $177,900 $101,800 $76,100
2019 $9,809 $177,900 $101,800 $76,100
2018 $9,722 $177,900 $101,800 $76,100
2017 $9,633 $177,900 $101,800 $76,100
2016 $9,498 $177,900 $101,800 $76,100
2015 $9,384 $177,900 $101,800 $76,100
2014 $9,119 $177,900 $101,800 $76,100
Source: Public Records

Agents Affiliated with this Home

  • Lourdes Henry

    Seller's Agent in 2020

    Lourdes Henry

    KELLER WILLIAMS PARK VIEWS

    (201) 486-0265

    1 in this area

    36 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    ROMILA BAJAJ

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3678719

Garden State MLS

APN: 14-01705-0000-00024

New Jersey Passaic County Wayne 07470 Packanack Lake

42 Elmwood Terrace, Wayne, NJ

This home is located at 42 Elmwood Terrace, Wayne, NJ 07470 since 16 November 2020 and is currently estimated at $815,776, approximately $359 per square foot. This property was built in 1940. 42 Elmwood 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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