NOT LISTED FOR SALE

7 Lorenz Place Wayne, NJ 07470

Packanack Lake Area

Estimated Value: $807,000 - $908,000

4 Beds
3 Baths
2,116 Sq Ft
$413/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2021

Last sale price $615,000 $291 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,197 / mo

17 Days on Market

About This Home

As of July 2021

This home is located at 7 Lorenz Place, Wayne, NJ 07470 since 19 April 2021 and is currently estimated at $873,057, approximately $412 per square foot. This property was built in 1964. 7 Lorenz Place 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

ANDREA G. MIKHAIL

REALTY EXECUTIVES EXCEPTIONAL Brokerage Phone: 973-696-0077 Listed on: 04/19/2021

Last Buyer's Agent

Nicola Casasanta

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Range of Values:

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

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 19,166 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0.44 Acres

Listing Details

  • Year Built: 1964
  • County Name: Passaic
  • I D: 5059821
  • Attribution Contact: 973-696-0077
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .444 AC
  • Total Acres: 0.44

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
Apr 19, 2021
Closed on
Jul 7, 2021
Sold by
Bought by
Seller's Agent
ANDREA G. MIKHAIL
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Nicola Casasanta
COLDWELL BANKER REALTY
List Price
$585,000
Sold Price
$615,000
Premium/Discount to List
$30,000
5.13%
Current Estimated Value
$873,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,057
Avg. Annual Appreciation
7.10%
Original Mortgage
$548,000
Outstanding Balance
$495,064
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$377,993

Purchase Details

Closed on
Jul 31, 1986
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wayne, NJ

  • Tanya Bressel Real Estate Agent - EXP Realty, LLC

    Tanya Bressel

    EXP Realty, LLC

    (862) 292-2254

    104 Total Sales

    1 in Packanack Lake

    $850,000 Price

    Tanya Bressel
     Section Image
  • Nancy Chu Real Estate Agent - Keller Williams Realty - NJ Metro Group

    Nancy Chu

    Keller Williams Realty - NJ Metro Group

    (973) 604-6671

    309 Total Sales

    3 in Packanack Lake

    $570K - $650K Price Range

    Nancy Chu
     Section Image
  • Robert Chaconas Real Estate Agent - KELLER WILLIAMS - NJ METRO GROUP

    Robert Chaconas

    KELLER WILLIAMS - NJ METRO GROUP

    (862) 465-8188

    26 Total Sales

    2 in Packanack Lake

    $570,000 Price Range

    Robert Chaconas
     Section Image
  • Freddy Salcedo Real Estate Agent - Keller Williams Park Views

    Freddy Salcedo

    Keller Williams Park Views

    (844) 928-1667

    14 Total Sales

    2 in Packanack Lake

    $635,000 Price Range

    Freddy Salcedo
     Section Image
  • Diane Amoscato Real Estate Agent - RE/MAX Neighborhood Properties

    Diane Amoscato

    RE/MAX Neighborhood Properties

    (862) 348-2700

    67 Total Sales

    2 in Packanack Lake

    $555,000 Price Range

    Diane Amoscato
     Section Image
  • Wendy Dessanti Real Estate Agent - Weichert Realtors, Tenafly-Cresskill

    Wendy Dessanti

    Responds Quickly

    Weichert Realtors, Tenafly-Cresskill

    (551) 345-5188

    27 Total Sales

    1 in Packanack Lake

    $1,300,000 Price

    Wendy Dessanti
     Section Image
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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
$615,000 Rally Point Title Agency Llc
$615,000 Rally Point Title
$230,000 --
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 $548,000
Closed $548,000
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
07/09/2021 07/09/21 Sold $615,000 +5.1% $291 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $585,000 -- $276 / 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
2026 $16,770 $279,600 $135,500 $144,100
2025 $16,770 $279,600 $135,500 $144,100
2024 $15,988 $279,600 $135,500 $144,100
2022 $15,023 $265,700 $135,500 $130,200
2021 $15,007 $265,700 $135,500 $130,200
2020 $14,940 $265,700 $135,500 $130,200
2019 $14,651 $265,700 $135,500 $130,200
2018 $14,521 $265,700 $135,500 $130,200
2017 $14,388 $265,700 $135,500 $130,200
2016 $14,186 $265,700 $135,500 $130,200
2015 $14,016 $265,700 $135,500 $130,200
2014 $13,620 $265,700 $135,500 $130,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ANDREA G. MIKHAIL

    REALTY EXECUTIVES EXCEPTIONAL

  • Nicola Casasanta Real Estate Agent - COLDWELL BANKER REALTY

    Buyer's Agent in 2021

    Nicola Casasanta

    COLDWELL BANKER REALTY

    (973) 271-2220

    22 Total Sales

    Nicola Casasanta
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Map

Source: Garden State MLS

MLS Number: 3705818

Garden State MLS

APN: 14-01604-0000-00008

New Jersey Passaic County Wayne 07470

7 Lorenz Place, Wayne, NJ

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