NOT LISTED FOR SALE

60 Magnolia Place Wayne, NJ 07470

Packanack Lake Neighborhood

Estimated Value: $1,003,000 - $1,267,000

4 Beds
2 Baths
1,787 Sq Ft
$660/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $400,000 $224 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $8,162/month

64 Days on Market

Highlights

  • 0.8 Acre Lot
  • Formal Dining Room
  • Eat-In Kitchen
  • Sun or Florida Room
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of March 2019

Packanack Lake split ready for your renovations. Great location. This home sits on .8 of an acre of level property. Bring your imagination

Last Agent to Sell the Property

Ellen Monarque

COLDWELL BANKER REALTY Listed on: 09/23/2018

COLDWELL BANKER REALTY

Co-Listed By

Roseanne Nover

COLDWELL BANKER REALTY

Last Buyer's Agent

Joseph Palermo

HOWARD HANNA RAND REALTY

HOWARD HANNA RAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,763

Year Built

  • Built in 1956

Lot Details

  • 0.8 Acre Lot
  • Level Lot

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Schools

  • Packanack Elementary School
  • G. Washington Middle School
  • Wayne Valley High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 2514-01600-0000-00010-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,763

Year Built

Built in 1956

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1956
  • County Name: Passaic
  • Street Number Display: 60
  • Directions: Lake Drive West to Magnolia
  • I D: 4839943
  • Modified: 2020-03-29
  • Number Images: 10
  • Section Subdiv Development: Packanack Lake
  • First Name: ELLEN
  • First Name2: ROSEANNE
  • First Name3: JOSEPH R
  • Last Name: MONARQUE
  • Last Name2: NOVER
  • Last Name3: PALERMO
  • Office Phone: 973-694-8000
  • Office Phone2: 973-694-8000 x257
  • Office Phone3: 973-694-6500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: OvnWElec, CookElec
  • Number Rooms: 8
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Ground
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Level: Ground
  • Level 1 Rooms: Living Room, Dining Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Ground Level Rooms: 1 Bedroom, Sunroom, Bath(s) Other
  • Phone: 973-694-8000

Exterior Features

  • Exterior Description: Wood Shingle
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 430
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: PACKANACK
  • Middle School: G. WASHINGTON
  • High School: WAYNE VALLEY
  • High School: WAYNE VALLEY
  • Middle Jr High School: G. WASHINGTON

Lot Info

  • Lot Size: .803 AC
  • Assessed Improvement Value: 94100
  • Assessed Land Value: 141600
  • Assessment: 235700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.80

Rental Info

  • Application Fee: 1200

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12763
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01600-0000-00010-0000-
  • Tax Rate Amount: 5.415
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2018
Closed on
Mar 28, 2019
Sold by
Hodder William C
Bought by
Graf Matthew and Graf Jennifer
Seller's Agent
Ellen Monarque
COLDWELL BANKER REALTY
Buyer's Agent
Joseph Palermo
HOWARD HANNA RAND REALTY
List Price
$429,000
Sold Price
$400,000
Premium/Discount to List
-$29,000
-6.76%
Current Estimated Value
$1,129,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,315
Avg. Annual Appreciation
17.67%
Source: Public Records

Range of Values:

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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
Graf Matthew $400,000 Prime Time Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graf Matthew $771,000
Closed Graf Matthew $832,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $400,000 -6.8% $224 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $429,000 -- $240 / 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 $23,318 $407,800 $136,800 $271,000
2022 $23,057 $407,800 $136,800 $271,000
2021 $7,726 $136,800 $136,800 $0
2020 $7,692 $136,800 $136,800 $0
2019 $12,997 $235,700 $141,600 $94,100
2018 $12,881 $235,700 $141,600 $94,100
2017 $12,763 $235,700 $141,600 $94,100
2016 $12,584 $235,700 $141,600 $94,100
2015 $12,433 $235,700 $141,600 $94,100
2014 $12,082 $235,700 $141,600 $94,100
Source: Public Records

Agents Affiliated with this Home

  • Ellen Monarque

    Seller's Agent in 2019

    Ellen Monarque

    COLDWELL BANKER REALTY

    (973) 725-1413

    11 in this area

    170 Total Sales

    Section Image
  • Roseanne Nover

    Seller Co-Listing Agent in 2019

    Roseanne Nover

    COLDWELL BANKER REALTY

    (973) 943-1204

    8 in this area

    150 Total Sales

    Section Image
  • Joseph Palermo

    Buyer's Agent in 2019

    Joseph Palermo

    Rand Realty

    (973) 628-9931

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3503921

Garden State MLS

APN: 14-01600-0000-00010

New Jersey Passaic County Wayne 07470 Packanack Lake

60 Magnolia Place, Wayne, NJ

This home is located at 60 Magnolia Place, Wayne, NJ 07470 since 23 September 2018 and is currently estimated at $1,179,760, approximately $660 per square foot. This property was built in 1956. 60 Magnolia Place is a home located in Passaic County.

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