16 Summit Dr, Wayne, NJ 07470
OFF MARKET

16 Summit Dr
Wayne, NJ 07470

Packanack Lake
  • 5 Beds
  • 3 Baths
  • 2,003 sqft (on 0.36 acres)

$851,500

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $6,030/mo*

$851,500

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $6,030/mo*
5 Beds
3 Baths
2,003 sqft
(on 0.36 acres)

Local Information

  • Map ViewExplore the area around 16 Summit Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

Heating & Cooling
Heating: Baseboard, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Interior Details
Types of Rooms: Dining Room
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl
Parking & Garage
GarageParking Spaces: 6Parking: Garage Attached

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Community

Units in Building: 1

Lot Information

Lot Area: 0.36 acres

Price History for 16 Summit Dr

DatePriceEventSource
01/12/2021ListingRemovedHoward Hanna Rand Realty
11/11/2020$545,000PriceChange
Agent Provided
09/23/2020$589,000PriceChange
Agent Provided
10/13/2018$529,900Listed For SaleAgent Provided
04/27/2017$529,900ListingRemovedAgent Provided
04/18/2017$529,900PriceChange
Agent Provided
04/11/2017$524,900PriceChange
Agent Provided
02/17/2017$529,900PriceChange
Agent Provided
10/21/2016$549,900Listed For SaleAgent Provided
04/28/2016$559,900ListingRemovedAgent Provided
02/18/2016$559,900Listed For SaleAgent Provided
10/02/2009$499,900ListingRemovedAgent Provided
08/23/2009$499,900Listed For SaleAgent Provided
02/04/2008$385,000Sold
N/A

Market trends in Wayne

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$731K
$17.48K
MoM
Sale-to-List Price
103.8%
0.4%
MoM
Price per sq ft
$371
$15
MoM
Available listings
132
3
MoM
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Property Tax and Assessment

Year2025
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

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Assigned Schools

These are the assigned schools for 16 Summit Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

Apartments for Rent

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Homes for sale near 16 Summit Dr

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Off Market Homes Near 16 Summit Dr

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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).