NOT LISTED FOR SALE

87 Lake Trail E Wayne, NJ 07470

Estimated Value: $621,000 - $677,000

3 Beds
2.5 Baths
1,544 Sq Ft
$416/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $467,000 $302 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,371/month

3 Days on Market

Highlights

  • Lake Privileges
  • Clubhouse
  • Wood Flooring
  • Randall Carter School Rated A-
  • Raised Ranch Architecture
  • Main Floor Bedroom

About This Home

As of March 2021

Wonderful one floor living ranch style home in the lovely Packanack Lake community. Amenities of this lake community includes golf, beaches, boating, walking paths and much more. This home offers an open concept feel. Dining room is open to a step-down spacious living room, large Anderson windows in both rooms allows for plenty of sunlight and beautiful views overlooking the adjacent protected woodlands. There is a front porch, finished basement, oversized 2 car garage as well as a 3 season room. Roof 2yrs old. AC 2 yrs old. A highlight of this home is the walk-up stairs leading to a large attic space with heating, plumbing and duct work in place ready for possible expansion.

Last Agent to Sell the Property

Claudia CeCe

REALTY ONE GROUP LEGEND Listed on: 02/13/2021

REALTY ONE GROUP LEGEND

Last Buyer's Agent

Samir Genid

REALTY ONE GROUP LEGEND

REALTY ONE GROUP LEGEND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,708

Year Built

  • Built in 1954

Lot Details

  • 10,019 Sq Ft Lot

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Raised Ranch Architecture
  • Wood Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Fire and Smoke Detector
  • Dishwasher
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Front Basement Entry

Outdoor Features

  • Lake Privileges
  • Enclosed patio or porch

Schools

  • Packanack Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-01311-0000-00066-0000-
  • Tax Block *

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,708

Year Built

Built in 1954

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1954
  • Year Built Description: Unknown
  • County Name: Passaic
  • Street Number Display: 87
  • Directions: Osborne to Lake Tr E
  • I D: 5044816
  • Modified: 2022-03-30
  • Number Images: 18
  • Section Subdiv Development: Packanack Lake
  • First Name: CLAUDIA
  • First Name3: SAMIR
  • Last Name: CECE
  • Last Name3: GENID
  • Office Phone: 973-686-7777
  • Office Phone3: 973-686-7777
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: CookElec, Dishwasher, Refrigerator, OvnWElec
  • Interior Amenities: Smoke Detector, StallShw, StallTub, TubOnly
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Walkout
  • Dining Room Level: First
  • Den Level: Ground
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Florida/3Season
  • Other Room1 Level: First
  • Other Room 2: Bedroom/Office
  • Other Room2 Level: Ground
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, Florida/3Season, Kitchen, Living Room, Porch
  • Level 2 Rooms: Attic
  • Ground Level Rooms: Den, GarEnter, Laundry Room, MudRoom, Office, Toilet, Utility Room, Walkout
  • Phone: 973-686-7777

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Enclosed Porch(es), Open Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop, Hard Surface

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Lake Privileges, Playground, Tennis Courts
  • Association Maintenance Fee: 430
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: Annually

Schools

  • Elementary School: PACKANACK

Lot Info

  • Lot Size: .229 AC
  • Assessed Improvement Value: 93300
  • Assessed Land Value: 100900
  • Assessment: 194200
  • Lot Description: Backs to Park Land
  • Lot Identifier: 66
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 10708
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01311-0000-00066-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.514
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: PACKANACK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 29, 2021
Sold by
Galardi Paul R and Galardi Kristen L
Bought by
Cargill Derrick J and Cargill Veronica
Seller's Agent
Claudia CeCe
REALTY ONE GROUP LEGEND
Buyer's Agent
Samir Genid
REALTY ONE GROUP LEGEND
List Price
$429,900
Sold Price
$467,000
Premium/Discount to List
$37,100
8.63%
Total Days on Market
3
Current Estimated Value
$642,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,531
Avg. Annual Appreciation
7.93%
Original Mortgage
$373,600
Outstanding Balance
$340,450
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$302,081

Purchase Details

Listed on
Mar 28, 2014
Closed on
Mar 28, 2014
Sold by
Fenn Doreen
Bought by
Galardi Paul R and Galardi Kristen L
Seller's Agent
FRED SPOELSTRA
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Beverley Gaudio
COLDWELL BANKER REALTY
Sold Price
$356,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$285,200
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Wayne, NJ

  • 24 Eton Ct, Wayne, NJ 07470

    $699,000

    • 4 Beds
    • 2.5 Baths
    • 3,284 Sq Ft
    • 24 Eton Ct
    • Wayne, NJ

    Best & Final 5.20, by 5pm. Nestled in one of Wayne's most sought-after neighborhoods, this expansive split-level home offers 3,245 sq ft of living space plus an additional 880 sq ft -perfect for entertaining, extended living, or a rec room retreat complete with a wet bar.Featuring 4 spacious bedrooms, 2.5 baths, & a 2-car garage, this home offers a functional and flexible layout with room to grow

    Francesca Messercola KELLER WILLIAMS PROSPERITY REALTY

    Section Image
  • 53 Laurel Dr, Wayne, NJ 07470

    $635,000

    • 3 Beds
    • 2 Baths
    • 1,230 Sq Ft
    • 53 Laurel Dr
    • Wayne, NJ

    Welcome to Your Summertime Escape!!! Nestled in the serene surroundings of Packanack Lake, this charming ranch home offers the perfect blend of comfort and convenience for both relaxation and entertaining. Enjoy warm, sunny days and cozy nights in this beautifully upgraded 3-bedroom home. Features: Master Bedroom with private bath and a large walk-in closet. Modern Kitchen featuring a breakfast

    Joan La Greca REALTY EXECUTIVES EXCEPTIONAL

    Section Image
  • 14 Arundel Rd, Wayne, NJ 07470

    $799,000

    • 5 Beds
    • 2.5 Baths
    • 14 Arundel Rd
    • Wayne, NJ

    Discover the opportunity to own a spacious and versatile 5-bedroom, 2.5-bath ranch-style home nestled in one of Wayne's most sought-after neighborhoods. This expanded layout offers incredible flexibility, whether you're dreaming of a home office setup, or simply room to grow. Step inside and be welcomed by a warm and inviting main level featuring a generous living room, a sun-filled dining area,

    Colene Smith WEICHERT REALTORS

    Section Image
  • 38 Laurel Dr, Wayne, NJ 07470

    $648,900

    • 3 Beds
    • 2 Baths
    • 38 Laurel Dr
    • Wayne, NJ

    Enjoy the lifestyle of Packanack Lake! This modern and well-maintained ranch home with high-quality upgrades boasts an impressive open layout, cathedral ceilings, and skylights that flood the space with natural light. The living room features large windows and a custom stone fireplace, creating a welcoming atmosphere. The updated kitchen is complete with a center island, quality cabinetry, large

    Karolina Romaniak RE/MAX Home Experts

    Section Image
  • 8 Thomas Terrace, Wayne, NJ 07470

    $698,000

    • 3 Beds
    • 2.5 Baths
    • 8 Thomas Terrace
    • Wayne, NJ

    Meticulously maintained, perfect home for entertaining with beautiful property and in-ground pool. Welcome Home! Features include: Inviting foyer leading to formal living room and dining room, tons of windows and natural light. Kitchen with breakfast area and stainless-steel appliances overlooking the family room. Second floor has nice size bedrooms and newer stylish full bathroom. Enjoy the

    Karen Peters COLDWELL BANKER REALTY

    Section Image
  • 5 Pine Terrace, Wayne, NJ 07470

    $699,000

    • 3 Beds
    • 3 Baths
    • 1,237 Sq Ft
    • 5 Pine Terrace
    • Wayne, NJ

    BEST & FINAL DUE WED 5/14 @ 3PMFully Renovated Home in the Heart of Packanack Lake! This stunning 3-bedroom, 3-bathroom home sits on an oversized 100x126 lot and offers the ultimate lifestyle?just steps from the lake, parks, and top-rated schools. Completely updated with a brand new roof, furnace, water heater, electric, and plumbing?move in with peace of mind! The bright, open-concept main level

    Nico Aronson SERHANT NEW JERSEY LLC

    Section Image
  • 651 Alps Rd, Wayne, NJ 07470

    $599,000

    • 3 Beds
    • 3 Baths
    • 651 Alps Rd
    • Wayne, NJ

    Tucked away from the road for added privacy, this spacious Ranch offers the perfect blend of comfort and versatility! Step inside to find 3 bedrooms and 3 full baths, gleaming hardwood floors, and an open flowing layout. The large formal living room boasts picture windows that bring in natural light. The galley kitchen features granite countertops and stainless steel appliances. A sun-drenched

    Teresa Forte KELLER WILLIAMS PROSPERITY REALTY

    Section Image
  • 43 Alps Rd, Wayne, NJ 07470

    $620,000

    • 3 Beds
    • 2 Baths
    • 43 Alps Rd
    • Wayne, NJ

    Welcome home to this charming 3-bedroom, 2-bath Colonial nestled on a large, level lot in a desirable neighborhood. From the moment you step into the inviting entry foyer, you'll feel the warmth and comfort this home offers. Off the foyer is a bright home office ideal for remote work. The spacious living room features large windows that fill the space with natural light and a classic fireplace,

    Eugene Lowe HOWARD HANNA RAND REALTY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cargill Derrick J $467,000 Park Place Title Agency Llc
Galardi Paul R $356,500 Agent For Chicago Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cargill Derrick J $95,000
Open Cargill Derrick J $373,600
Previous Owner Galardi Paul R $283,000
Previous Owner Galardi Paul R $285,000
Previous Owner Galardi Paul R $285,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $467,000 +8.6% $302 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $429,900 +20.6% $278 / Sq Ft
03/28/2014 03/28/14 Sold $356,500 -- $231 / 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 $11,104 $194,200 $100,900 $93,300
2022 $10,980 $194,200 $100,900 $93,300
2021 $10,968 $194,200 $100,900 $93,300
2020 $10,920 $194,200 $100,900 $93,300
2019 $10,708 $194,200 $100,900 $93,300
2018 $10,613 $194,200 $100,900 $93,300
2017 $10,516 $194,200 $100,900 $93,300
2016 $10,368 $194,200 $100,900 $93,300
2015 $10,244 $194,200 $100,900 $93,300
2014 $9,868 $192,500 $100,900 $91,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3692033

Garden State MLS

APN: 14-01311-0000-00066