16 Summit Dr, Wayne, NJ 07470
OFF MARKET

$847,600

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 2,003 sqft (on 0.36 acres)

16 Summit Dr, Wayne, NJ 07470

Packanack Lake
Est. Refi. Payment $6,408/mo*
Refinance Your Home
Currently Off Market - Sold Feb 4, 2008 for $385,000

Home Value

Trulia Estimate
$848K
Since last month
Decreased$11K (-1.3%)
Since last year
Increased$36K (+4.5%)
Since last sale
Increased$456K (+118.5%)
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 +56% in the last 10 years
MonthEstimated value
2026
October 2026$841K
September 2026$857K
August 2026$852K
July 2026$855K
June 2026$884K
May 2026$866K
April 2026$841K
March 2026$830K
February 2026$826K
January 2026$814K
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
63 Eleron Pl, Wayne, NJ
0.21
Single-Family Home
$800,000
01/08/26
4
3
-
16 Highland Ter, Wayne, NJ
0.40
Single-Family Home
$887,000
10/08/25
5
3
-
64 Powderhorn Dr, Wayne, NJ
0.29
Single-Family Home
$900,000
12/23/25
4
3
-
30 Alpine Dr, Wayne, NJ
0.30
Single-Family Home
$770,000
12/04/25
4
2
-
5 Sunset Ter, Wayne, NJ
0.07
Single-Family Home
$640,000
11/18/25
3
2
-
60 Hillside Ter, Wayne, NJ
0.33
Single-Family Home
$660,000
11/14/25
3
2
-
7 Jefferson Pl, Wayne, NJ
0.27
Single-Family Home
$840,000
07/09/26
2
3
-
28 Wilson Ave, Wayne, NJ
0.39
Single-Family Home
$1,100,000
10/10/25
4
4
-
62 Elmwood Ter, Wayne, NJ
0.48
Single-Family Home
$580,000
02/11/26
4
2
-
1316 Alps Rd, Wayne, NJ
0.52
Single-Family Home
$850,000
04/16/26
4
3
-

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
12 Summit Dr, Wayne, NJ 07470
0.02
$825,500
Studio
-
2,006
Off Market
22 Summit Dr, Wayne, NJ 07470
0.02
$773,000
3
2
1,845
Off Market
1097 Alps Rd, Wayne, NJ 07470
0.03
$755,600
3
2
1,585
Off Market
10 Summit Dr, Wayne, NJ 07470
0.03
$700,200
3
2
1,475
Off Market
21 Summit Dr, Wayne, NJ 07470
0.04
$799,600
3
2.5
1,768
Off Market
17 Summit Dr, Wayne, NJ 07470
0.04
$771,200
Studio
-
1,608
Off Market
25 Summit Dr, Wayne, NJ 07470
0.04
$762,000
4
2
1,307
Off Market
1107 Alps Rd, Wayne, NJ 07470
0.04
$811,000
Studio
-
2,156
Off Market
1 Sunset Ter, Wayne, NJ 07470
0.05
$708,100
3
2
2,288
Off Market
15 Summit Dr, Wayne, NJ 07470
0.05
$861,000
3
2
2,353
Off Market
1071 Alps Rd, Wayne, NJ 07470
0.05
$636,900
4
1.5
1,228
Off Market
3 Sunset Ter, Wayne, NJ 07470
0.05
$728,700
Studio
-
1,313
Off Market
11 Summit Dr, Wayne, NJ 07470
0.06
$807,300
3
2
-
Off Market
13 Summit Dr, Wayne, NJ 07470
0.06
$725,500
Studio
-
1,536
Off Market
1083 Alps Rd, Wayne, NJ 07470
0.06
$813,600
4
4
-
Off Market
1065 Alps Rd, Wayne, NJ 07470
0.06
$661,400
Studio
-
2,263
Off Market
20 Rockledge Ter, Wayne, NJ 07470
0.06
$805,900
Studio
-
1,949
Off Market
16 Rockledge Ter, Wayne, NJ 07470
0.06
$1,249,500
5
2.5
3,252
Off Market
1113 Alps Rd, Wayne, NJ 07470
0.06
$873,100
Studio
-
2,144
Off Market
9 Summit Dr, Wayne, NJ 07470
0.07
$808,200
3
3
-
Off Market

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

Single-Family Home
Built in 1951
0.36 acre lot
2,003 sqft
$423/sqft
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $847,600, with a rent estimate of $4,736/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 and Tax history

DateEventPrice
Jan 12, 2021
Source: Howard Hanna Rand Realty
ListingRemoved
Nov 11, 2020
Source: Agent Provided
PriceChange
$545,000
Price decreased by 7%
Sep 23, 2020
Source: Agent Provided
PriceChange
$589,000
Price increased by 11%
Oct 13, 2018
Source: Agent Provided
Listed For Sale
$529,900
Apr 27, 2017
Source: Agent Provided
ListingRemoved
$529,900

Market trends in Wayne

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$772K
$16.15KMoM
Sale-to-List Price
105.1%
0.2%MoM
Price per sq ft
$386
$6MoM
Available listings
148
10MoM

Around this home

Neighborhood Overview

Packanack Lake
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Packanack Lake

  • Amara Williams
    " packanack lake is very nice"
    1
    Flag

LGBTQ Local Legal Protections

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 $847,600.
  • 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 $772K. That is up $16.15K 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).

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