16 Summit Dr
Wayne, NJ 07470
Packanack Lake- 5 Beds
- 3 Baths
- 2,003 sqft (on 0.36 acres)
5 Beds
3 Baths
2,003 sqft
(on 0.36 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1951
Lot Size
0.36 acres
Living Area
2,003 sqft
Price/Sqft
$425
Parking
Garage
About this House
Spacious expanded cape in desirable Packanack Lake. Finished ground level walk expands the living area with in-law suite or home office options. Updated kitchen w/granite countertops, ample cabinets, breakfast bar & access to large deck. Open feel. Large front to back 25' family room, formal LR w/marble surround wood burning FP & formal DR. Beautiful hardwood flrs. Two bedrms on main level w/updated full bath. Master suite & addtl bdrm w/full bath 2nd flr. Ground level walk out expands the living area w/bedroom(office) summer kitchen, rec room & gorgeous new full bath. Relax on beautiful brand new extensive covered paver patio in private 3/4 acre yard. Newer furnace. Shed. Lovely street close to town amenities,transit options bus to NYC)& Packanack Lake lifestyle-swimming, boating, fishing, golf,tennis.
16 Summit Dr, Wayne, NJ 07470 is a 5 bedroom, 3 bathroom, 2,003 sqft single-family home in Packanack Lake, built in 1951. It last sold for $385,000 on Feb 4, 2008. It is currently off market. The Trulia Estimate is $851,500, with a rent estimate of $4,825/month.
Home Details for 16 Summit Dr
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Heating & Cooling Heating: Baseboard, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard |
Interior Details Types of Rooms: Dining Room |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: Vinyl |
Parking & Garage GarageParking Spaces: 6Parking: Garage Attached |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: Single Family HomeArchitecture: Cape Cod |
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Units in Building: 1 |
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Lot Area: 0.36 acres |
Price History for 16 Summit Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 01/12/2021 | ListingRemoved | Howard Hanna Rand Realty | |
| 11/11/2020 | $545,000 | PriceChange | Agent Provided |
| 09/23/2020 | $589,000 | PriceChange | Agent Provided |
| 10/13/2018 | $529,900 | Listed For Sale | Agent Provided |
| 04/27/2017 | $529,900 | ListingRemoved | Agent Provided |
| 04/18/2017 | $529,900 | PriceChange | Agent Provided |
| 04/11/2017 | $524,900 | PriceChange | Agent Provided |
| 02/17/2017 | $529,900 | PriceChange | Agent Provided |
| 10/21/2016 | $549,900 | Listed For Sale | Agent Provided |
| 04/28/2016 | $559,900 | ListingRemoved | Agent Provided |
| 02/18/2016 | $559,900 | Listed For Sale | Agent Provided |
| 10/02/2009 | $499,900 | ListingRemoved | Agent Provided |
| 08/23/2009 | $499,900 | Listed For Sale | Agent Provided |
| 02/04/2008 | $385,000 | Sold | N/A |
Market trends in Wayne
Last updated June 2026
Avg. sale price
$731K
$17.48KMoM
Sale-to-List Price
103.8%
0.4%MoM
Price per sq ft
$371
$15MoM
Available listings
132
3MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $13,337 |
| Assessment | $224,300 |
Home facts updated by county records
Comparable Sales for 16 Summit Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.49 | Single-Family Home | $800,000 | 09/05/25 | 4 | 3 | 2,887 | |
0.20 | Single-Family Home | $702,000 | 09/15/25 | 4 | 3 | - | |
0.21 | Single-Family Home | $800,000 | 01/08/26 | 4 | 3 | - | |
0.40 | Single-Family Home | $887,000 | 10/08/25 | 5 | 3 | - | |
0.29 | Single-Family Home | $900,000 | 12/23/25 | 4 | 3 | - | |
0.30 | Single-Family Home | $770,000 | 12/04/25 | 4 | 2 | - | |
0.07 | Single-Family Home | $640,000 | 11/18/25 | 3 | 2 | - | |
0.33 | Single-Family Home | $660,000 | 11/14/25 | 3 | 2 | - | |
0.27 | Single-Family Home | $840,000 | 07/09/26 | 2 | 3 | - | |
0.17 | Single-Family Home | $1,400,000 | 09/22/25 | 5 | 5 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 16 Summit Dr.
What Locals Say about Packanack Lake
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 16 Summit Dr
Off Market Homes Near 16 Summit Dr
Frequently asked questions about 16 Summit Dr
- What is 16 Summit Dr estimated to be worth?Trulia's estimated value for 16 Summit Dr in Wayne, NJ is $851,500.
- What is the price history for 16 Summit Dr?16 Summit Dr in Wayne, NJ last sold for $385,000 in February 2008.
- Is Wayne a buyer's or seller's market?Wayne is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Wayne?The median sale price in Wayne is $731K. That is up $17.48K from the prior month.
- Does 16 Summit Dr have air conditioning?Yes, 16 Summit Dr in Wayne, NJ has air conditioning.
- How big is the lot at 16 Summit Dr?The lot at 16 Summit Dr in Wayne, NJ is about 0.36 acres (15,681 sq ft).