NOT LISTED FOR SALE

88 Oakwood Dr Wayne, NJ 07470

Estimated Value: $805,704 - $945,000

5 Beds
2.5 Baths
2,108 Sq Ft
$414/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $655,000 $311 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,896/month

14 Days on Market

Highlights

  • Lake Privileges
  • Stairway
  • Rectangular Lot
  • Packanack Elementary School Rated A-
  • Central Air

About This Home

As of March 2023

Charming and unique Cape Cod style home featuring 5 bedrooms and 2.5 bathrooms! Enter into the spacious living room with large window that offers a nice view of the lake and allows plenty of natural light to fill the room. Cased opening leads into the formal dining room with bay window. The family room is also located just off of the living room and is a great place to relax! The kitchen offers custom cabinetry, stainless steel appliances and separate dining area. Additional family room space located off of the kitchen with vaulted ceilings. The first floor is complete with 1 bedroom and a half bathroom with storage vanity. Retreat upstairs to find 4 bedrooms (1 currently being used as an office) and 2 full bathrooms - 1 with a tub shower and the other with a stall shower. The basement is finished with den area and play room with door leading to the backyard making it a walkout basement. The backyard is quite spacious and offers large patio area.

Last Agent to Sell the Property

Eugene Lowe

Howard Hanna Rand Realty Listed on: 01/18/2023

Howard Hanna Rand Realty

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,102

Lot Details

  • 0.4 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Stairway
  • Lake Privileges

Listing and Financial Details

  • Legal Lot and Block 00014 / 01720

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,102

Lot Details

0

Parking

2

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: 973-694-6500
  • MLS Status: Sold - Sold
  • Directions: Ratzer Road to Oakwood Drive
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1940's
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Lake Privileges
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Radiant Floor

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: 17380.0

Tax Info

  • Tax Annual Amount: 15102.0
  • Tax Block: 01720
  • Tax Lot: 00014

MLS Schools

  • High School Text: Wayne Valley H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 15, 2023
Sold by
Schwartz Michael and Schwartz Mona
Bought by
Zambelli Nicholas and Zambelli Alexandra
Seller's Agent
Eugene Lowe
Howard Hanna Rand Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$599,000
Sold Price
$655,000
Premium/Discount to List
$56,000
9.35%
Views
220
Current Estimated Value
$872,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,676
Avg. Annual Appreciation
10.96%
Original Mortgage
$524,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1994
Sold by
Yalicki Eugene and Yalicki Michele
Bought by
Pyburn John and Pyburn Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.61%

Purchase Details

Closed on
Jun 23, 1986
Bought by
Schwartz Michael and Schwartz Mona
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
Zambelli Nicholas $655,000 None Listed On Document
Zambelli Nicholas $655,000 None Listed On Document
Pyburn John $235,500 --
Schwartz Michael $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zambelli Nicholas $524,000
Previous Owner Pyburn John $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $655,000 +9.3% $311 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $599,000 -- $284 / 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 $15,882 $267,100 $119,500 $147,600
2024 $15,273 $267,100 $119,500 $147,600
2022 $15,102 $267,100 $119,500 $147,600
2021 $15,086 $267,100 $119,500 $147,600
2020 $15,019 $267,100 $119,500 $147,600
2019 $14,728 $267,100 $119,500 $147,600
2018 $14,597 $267,100 $119,500 $147,600
2017 $14,463 $267,100 $119,500 $147,600
2016 $14,260 $267,100 $119,500 $147,600
2015 $14,090 $267,100 $119,500 $147,600
2014 $13,692 $267,100 $119,500 $147,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23001631

New Jersey MLS

APN: 14-01720-0000-00014