NOT LISTED FOR SALE

56 Palmer Dr Wayne, NJ 07470

Estimated Value: $848,000 - $947,000

5 Beds
3 Baths
2,712 Sq Ft
$329/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $675,000 $249 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,990/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Lafayette Elementary School Rated A-
  • Corner Lot
  • 2 Car Direct Access Garage

About This Home

As of March 2022

Beautiful Colonial home with great curb appeal and situated on level corner property. Entry foyer leads to formal Living Room with large windows and hardwood floors. Formal dining room also with hardwood floors. Eat-in kitchen has white cabinets, granite counters, breakfast bar with stool seating and separate dining area. Step down to the family room with plenty of natural light and ceiling fan. First floor bedroom could be used as a home office to fit your needs. Full bath with tub/shower. Laundry room offers outside entrance to rear yard. Retreat upstairs with 4 large bedrooms and two full baths. Primary bedroom offers walk-in closet, hardwood floors and private bathroom. Unfinished basement has a lot of potential and could be finished for additional living space. 2 car garage. Paver driveway, walkways and rear patio. Backyard is level and offers plenty of space for all your outdoor needs. Shed in rear yard for additional storage.

Last Agent to Sell the Property

Eugene Lowe

HOWARD HANNA RAND REALTY Listed on: 02/03/2022

HOWARD HANNA RAND REALTY

Last Buyer's Agent

Eugene Lowe

HOWARD HANNA RAND REALTY Listed on: 02/03/2022

HOWARD HANNA RAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,131

Year Built

  • Built in 1966

Lot Details

  • 0.39 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Paver Block

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Storage Shed

Schools

  • Lafayette Elementary School
  • Anthony Wayne Middle School
  • Wayne Valley High School

Utilities

  • Ductless Heating Or Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2514-02104-0000-00013-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,131

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1966
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 56
  • Directions: Greenrale to Laauwe to Palmer
  • I D: 5127578
  • Modified: 2023-03-23
  • Number Images: 4
  • First Name: GENE
  • First Name2: EUGENE
  • First Name3: GENE
  • Last Name: LOWE
  • Last Name2: LOWE
  • Last Name3: LOWE
  • Office Phone: 973-694-6500
  • Office Phone3: 973-694-6500
  • Attribution Contact: 973-694-6500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other
  • Phone: 973-694-6500

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Barbeque, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: Ductless Split AC
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: LAFAYETTE
  • Middle School: ANTHONY WAYNE
  • High School: WAYNE VALLEY
  • High School: WAYNE VALLEY
  • Middle Jr High School: ANTHONY WAYNE

Lot Info

  • Lot Size: .391 AC
  • Assessed Improvement Value: 127100
  • Assessed Land Value: 123100
  • Assessment: 250200
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.39

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14131
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-02104-0000-00013-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.648
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: LAFAYETTE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 22, 2022
Sold by
Sassler Marvin L
Bought by
Smith Wayne Kool and Dichiara Brianna Lynn
Seller's Agent
Eugene Lowe
HOWARD HANNA RAND REALTY
Buyer's Agent
Eugene Lowe
HOWARD HANNA RAND REALTY
List Price
$620,000
Sold Price
$675,000
Premium/Discount to List
$55,000
8.87%
Current Estimated Value
$892,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,469
Avg. Annual Appreciation
8.26%
Original Mortgage
$525,000
Outstanding Balance
$491,827
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$400,642
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
Smith Wayne Kool $675,000 Simplicity Title
Smith Wayne Kool $675,000 Simplicity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Wayne Kool $525,000
Closed Smith Wayne Kool $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2022 03/22/22 Sold $675,000 +8.9% $249 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/06/2022 02/06/22 For Sale $620,000 -- $229 / 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
2025 $14,877 $250,200 $123,100 $127,100
2024 $14,306 $250,200 $123,100 $127,100
2022 $14,146 $250,200 $123,100 $127,100
2021 $14,131 $250,200 $123,100 $127,100
2020 $14,069 $250,200 $123,100 $127,100
2019 $13,796 $250,200 $123,100 $127,100
2018 $13,673 $250,200 $123,100 $127,100
2017 $13,548 $250,200 $123,100 $127,100
2016 $13,358 $250,200 $123,100 $127,100
2015 $13,198 $250,200 $123,100 $127,100
2014 $12,825 $250,200 $123,100 $127,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3762132

Garden State MLS

APN: 14-02104-0000-00013