116 Chestnut Dr, Wayne, NJ 07470
OFF MARKET

$729,800

Trulia Estimate
  • Studio
  • 1,720 sqft

116 Chestnut Dr, Wayne, NJ 07470

Packanack Lake
Est. Refi. Payment $5,386/mo*
Refinance Your Home
Currently Off Market - Sold Jul 8, 2004 for $450,000

Home Value

Trulia Estimate
$730K
Since last month
Decreased$36K (-4.6%)
Since last year
Increased$10K (+1.3%)
Since last sale
Increased$287K (+63.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +80% in the last 10 years
MonthEstimated value
2026
November 2026$737K
October 2026$740K
September 2026$773K
August 2026$764K
July 2026$794K
June 2026$783K
May 2026$781K
April 2026$741K
March 2026$736K
February 2026$742K
January 2026$739K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Single-Family Home
$725,000
06/22/26
3
2
1,718
0.50
Single-Family Home
$650,000
06/04/26
-
1,446
0.55
Single-Family Home
$580,000
02/11/26
3
2
1,438
0.12
Single-Family Home
$767,500
05/27/26
3
2
-
0.22
Single-Family Home
$739,900
05/21/26
3
2
-
0.23
Single-Family Home
$525,000
10/08/26
3
2
-
0.17
Single-Family Home
$970,000
03/05/26
3
3
-
0.61
Single-Family Home
$825,000
06/12/26
-
1,909
0.83
Single-Family Home
$310,000
04/13/26
-
1,757
0.29
Single-Family Home
$570,000
05/08/26
2
2
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$671,000
Studio
-
1,780
Off Market
0.01
$669,800
3
1.5
1,284
Off Market
0.02
$1,119,600
5
3.5
3,350
Off Market
0.03
$668,900
4
2
1,876
Off Market
0.03
$777,700
3
2
-
Off Market
0.03
$647,900
Studio
-
1,824
Off Market
0.03
$718,600
4
2
2,283
Off Market
0.04
$926,400
Studio
-
2,150
Off Market
0.04
$646,400
4
2
1,305
Off Market
0.04
$761,900
4
3
2,534
Off Market
0.04
$808,800
5
2
-
Off Market
0.04
$695,900
3
3
1,610
Off Market
0.04
$794,800
4
3
1,598
Off Market
0.05
$728,000
4
2
1,404
Off Market
0.05
$640,100
Studio
-
1,284
Off Market
0.05
$757,900
Studio
-
1,595
Off Market
0.05
$750,300
Studio
-
2,360
Off Market
0.05
$652,200
3
2
-
Off Market
0.06
$708,500
3
3
-
Off Market
0.06
$625,600
3
1.5
1,690
Off Market

Local Information

  • Map ViewExplore the area around 116 Chestnut Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1948
1,720 sqft
$424/sqft

About this House

This single-family home is located at 116 Chestnut Dr, Wayne, NJ. 116 Chestnut Dr is in the Packanack Lake neighborhood in Wayne, NJ and in ZIP code 07470. This property has approximately 1,720 sqft of floor space. This property has a lot size of 9060 sqft and was built in 1948.
116 Chestnut Dr, Wayne, NJ 07470 is a studio, 1,720 sqft single-family home in Packanack Lake, built in 1948. It last sold for $450,000 on Jul 8, 2004. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $729,800, with a rent estimate of $3,890/month.

Home Details for 116 Chestnut Dr

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 9060 sqft

Price and Tax history

DateEventPrice
Jul 8, 2004
Source: N/A
Sold
$450,000

Market trends in Wayne

Last updated October 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$748K
$40.33K
MoM
Sale-to-List Price
104.7%
1.3%
MoM
Price per sq ft
$386
$4
MoM
Available listings
172
8
MoM
Sourced by Trulia Market Trends

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Packanack Lake

  • Amara Williams
    " packanack lake is very nice"

LGBTQ Local Legal Protections

Frequently asked questions about 116 Chestnut Dr

  • What is 116 Chestnut Dr estimated to be worth?
    Trulia's estimated value for 116 Chestnut Dr in Wayne, NJ is $729,800.
  • What is the price history for 116 Chestnut Dr?
    116 Chestnut Dr in Wayne, NJ last sold for $450,000 in July 2004.
  • Is Wayne a buyer's or seller's market?
    Wayne is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Wayne?
    The median sale price in Wayne is $748K. That is down $40.33K from the prior month.
  • How big is the lot at 116 Chestnut Dr?
    The lot at 116 Chestnut Dr in Wayne, NJ is about 0.21 acres (9,060 sq ft).

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