$235,000

54 Knox Terrace Unit 1A Wayne, NJ 07470

Preakness Neighborhood

Estimated payment $1,956/month

Total Views 1,813
1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Private Pool
  • Wood Flooring
  • Living Room
  • John F. Kennedy Elementary School Rated A-
  • Eat-In Kitchen
  • 1-Story Property

About This Home

Discover this charming first-floor 1 bedroom 1 bathroom studio condo located in the desirable Valley Terrace Condominiums an ideal choice for first-time buyers, downsizers, or anyone seeking a low-maintenance lifestyle. Step into a spacious living room that invites relaxation and effortless entertaining. The open layout seamlessly connects to an eat-in kitchen featuring custom cabinetry and ample counter space, perfect for preparing your favorite home-cooked meals. Adjacent to the living area is a cozy bedroom with a large mirrored closet and a full bathroom complete with a glass-enclosed stall shower and storage vanity. Enjoy peace of mind with maintenance fees that include heat, water, sewer, and gas leaving only your electric bill to manage. The pet-friendly complex also offers laundry on site and ample parking and is centrally located near NYC transportation, shopping, dining, and more. Why rent when you can own? Embrace the ease and value of condo living with this affordable opportunity to build equity and enjoy all the benefits of homeownership.

Listing Agent

Eugene Lowe

HOWARD HANNA RAND REALTY Brokerage Phone: 973-694-6500

HOWARD HANNA RAND REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,257

Year Built

  • Built in 1962

HOA Fees

  • $286 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Pool

  • Private Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2514-02802-0000-00001-0000-C0178
  • Tax Block *

Community Details

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,257

Year Built

Built in 1962

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1962
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 54
  • Directions: Valley Road to Knox Terrace
  • I D: 5360090
  • Modified: 2025-05-23
  • Number Images: 14
  • Section Subdiv Development: Valley Terrace Condominiums
  • Attribution Contact: 973-694-6500
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Floor Number: 1
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: StallShw
  • Number Rooms: 3
  • Bedrooms: 1
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Level 1 Rooms: 1 Bedroom, Bath Main, Kitchen, Living Room

Exterior Features

  • Exterior Description: Brick
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned, Parking Lot-Shared

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 286
  • Association Maintenance Fee Frequency: Monthly

Lot Info

  • Lot Size: .000 AC
  • Assessed Improvement Value: 28700
  • Assessed Land Value: 42900
  • Assessment: 71600
  • Easement: Unknown
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4257
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-02802-0000-00001-0000-C0178
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.946
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $212 $3,700 $400 $3,300
2022 $209 $3,700 $400 $3,300
2021 $209 $3,700 $400 $3,300
2020 $208 $3,700 $400 $3,300
2019 $204 $3,700 $400 $3,300
2018 $202 $3,700 $400 $3,300
2017 $200 $3,700 $400 $3,300
2016 $198 $3,700 $400 $3,300
2015 $195 $3,700 $400 $3,300
2014 $190 $3,700 $400 $3,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $235,000 +36.6% --
04/28/2020 04/28/20 Sold $172,000 -4.4% --
03/15/2020 03/15/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $179,900 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $170,000 Elite Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,800 New Conventional
Source: Public Records

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    Section Image

Source: Garden State MLS

MLS Number: 3964897

Garden State MLS

APN: 14-02802-0000-00001-0000-C0G05