NOT LISTED FOR SALE

88 Chestnut Dr Wayne, NJ 07470

Estimated Value: $631,000 - $725,000

4 Beds
2 Baths
1,305 Sq Ft
$506/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $535,000 $410 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,336/month

19 Days on Market

Highlights

  • Central Air
  • Rectangular Lot
  • Gas Fireplace
  • Packanack Elementary School Rated A-

About This Home

As of March 2023

Enchanting crisp white & evergreen accented Packanack Lake Cape Cod that leaves little to be desired. Ideally located on a quiet corner lot, 3 blocks from the lakefront, 5 blocks from Packanack Lake Elementary, & 4 blocks from George Washington Middle School. You'll be delighted to find the open floor plan offering a generous living room with large bay window, charming gas fireplace, coat closet with exposed hardwood floors, dining area suitable for any holiday gathering, plus an eat in kitchen! Off of the dining area is a 3 season room, leading to the patio, driveway, & oversized 1 car garage with loft storage. The first floor is completed with the master bedroom, second bedroom, full bath with tub shower, & access to the basement, which includes the family room, workshop, utilities, storage, laundry, and bilco style doors to the backyard. Upstairs you'll find 2 bedrooms (hardwood floors exposed) &the second full bath with tub shower. Newer roof, hot water heater, reverse osmosis

Last Agent to Sell the Property

Jeannemarie Phelan

Weichert Realtors, Wayne Listed on: 01/20/2023

Weichert Realtors, Wayne

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,025

Lot Details

  • 6,142 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Interior Spaces

  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Packanack Elementary School
  • George Washington Middle School
  • Wayne Valley High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00019 / 01725

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,025

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 839-4646
  • Outside Inclusions: Appliances
  • MLS Status: Sold - Sold
  • Directions: Rt 23 to Packanack Lake Rd to Left on Fir to Left on Chestnut
  • Reso Fireplace Features: 1 Fireplace, Gas
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: No
  • Basement Remarks: Family Rm, Laundry, Storage, Utilities

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: Basement Freezer TBD
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: Packanack E.S.
  • High School: Wayne Valley H.S.
  • Middle Or Junior School: George Washington
  • Elementary: Packanack E.S.

Lot Info

  • Lot Size Sq Ft: 6142.0

Tax Info

  • Tax Annual Amount: 10025.0
  • Tax Block: 01725
  • Tax Lot: 00019

MLS Schools

  • High School Text: Wayne Valley H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 13, 2023
Sold by
Deleu James Calarence
Bought by
Se Liban Jean Paul Gerard and Liban Emmanuel Crisanto
Seller's Agent
Jeannemarie Phelan
Weichert Realtors, Wayne
Buyer's Agent
Outside Agent
Outside Office
List Price
$480,000
Sold Price
$535,000
Premium/Discount to List
$55,000
11.46%
Views
141
Current Estimated Value
$659,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,733
Avg. Annual Appreciation
7.80%
Original Mortgage
$428,000
Outstanding Balance
$415,016
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$244,717
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Se Liban Jean Paul Gerard $535,000 Metro Title
Se Liban Jean Paul Gerard $535,000 Metro Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Se Liban Jean Paul Gerard $428,000
Closed Se Liban Jean Paul Gerard $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $535,000 +11.5% $410 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $480,000 -- $368 / Sq Ft
Source: New Jersey 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 $10,542 $177,300 $106,300 $71,000
2024 $10,138 $177,300 $106,300 $71,000
2022 $10,025 $177,300 $106,300 $71,000
2021 $10,014 $177,300 $106,300 $71,000
2020 $9,970 $177,300 $106,300 $71,000
2019 $9,776 $177,300 $106,300 $71,000
2018 $9,689 $177,300 $106,300 $71,000
2017 $9,601 $177,300 $106,300 $71,000
2016 $9,466 $177,300 $106,300 $71,000
2015 $9,353 $177,300 $106,300 $71,000
2014 $9,088 $177,300 $106,300 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23001935

New Jersey MLS

APN: 14-01725-0000-00019