40 Forest Ter
Wayne, NJ 07470
Packanack Lake
4 Beds
2 Baths
1,623 sqft (on 0.28 acres)
4 Beds
2 Baths
1,623 sqft
(on 0.28 acres)
Home Value
Trulia Estimate
$749KSince last month
Decreased$10K (-1.3%)Since last year
Increased$44K (+6.3%)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 +86% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $749K |
| July 2026 | $761K |
| June 2026 | $758K |
| May 2026 | $755K |
| April 2026 | $737K |
| March 2026 | $739K |
| February 2026 | $717K |
| January 2026 | $724K |
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 |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $800,000 | 09/05/25 | 4 | 3 | 2,887 | |
0.13 | Single-Family Home | $580,000 | 02/11/26 | 4 | 2 | - | |
0.04 | Single-Family Home | $1,300,000 | 06/29/26 | 4 | 3 | - | |
0.15 | Single-Family Home | $605,000 | 11/21/25 | 3 | 2 | - | |
0.14 | Single-Family Home | $660,000 | 11/14/25 | 3 | 2 | - | |
0.09 | Single-Family Home | $887,000 | 10/08/25 | 5 | 3 | - | |
0.25 | Single-Family Home | $770,000 | 12/04/25 | 4 | 2 | - | |
0.34 | Single-Family Home | $867,000 | 07/13/26 | 4 | 2 | - | |
0.13 | Single-Family Home | $629,000 | 07/07/26 | 3 | 2 | - | |
0.43 | Single-Family Home | $630,000 | 07/14/26 | 4 | 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 |
|---|---|---|---|---|---|---|
0.03 | $812,300 | 4 | 2 | - | Off Market | |
0.04 | $1,300,000 | 4 | 3 | - | Recently Sold | |
0.05 | $694,500 | 4 | 2 | - | Off Market | |
0.03 | $840,100 | 4 | 3 | - | Off Market | |
0.09 | $801,700 | 4 | 2 | - | Off Market | |
0.13 | $775,000 | 4 | 2 | - | For Sale | |
0.09 | $921,100 | 5 | 3 | - | Off Market | |
0.14 | $899,900 | 3 | 3 | - | Off Market | |
0.13 | $629,000 | 3 | 2 | - | Recently Sold | |
0.14 | $660,000 | 3 | 2 | - | Recently Sold | |
0.14 | $916,200 | 4 | 3 | - | Off Market | |
0.13 | $1,500,000 | 4 | 3 | - | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1950
Lot Size
0.28 acres
Living Area
1,623 sqft
Price/Sqft
$461
Parking
Garage
About this House
This single-family home is located at 40 Forest Ter, Wayne, NJ. 40 Forest Ter is in the Packanack Lake neighborhood in Wayne, NJ and in ZIP code 07470. This property has 4 bedrooms, 2 bathrooms and approximately 1,623 sqft of floor space. This property has a lot size of 0.28 acres and was built in 1950.
40 Forest Ter, Wayne, NJ 07470 is a 4 bedroom, 2 bathroom, 1,623 sqft single-family home in Packanack Lake, built in 1950. It is currently off market. The Trulia Estimate is $748,700, with a rent estimate of $3,854/month.
Home Details for 40 Forest Ter
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Interior Details BasementTypes of Rooms: Walk In Closet, Breakfast Nook, Family Room, Laundry Room, Recreation Room |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Appliances & Utilities Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood |
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Exterior Home Features Roof: Built UpExterior: VinylLawnPatioPorch |
Parking & Garage GarageParking: Garage Attached, Off Street, On Street |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Single Family HomeArchitecture: Cape Cod |
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Units in Building: 1 |
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Lot Area: 0.28 acres |
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RV Parking Rv Parking |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $11,815 | $198,700 |
Home facts updated by county records
Market trends in Wayne
Last updated July 2026
Avg. sale price
$765K
$35KMoM
Sale-to-List Price
105.0%
1.2%MoM
Price per sq ft
$379
$8MoM
Available listings
138
6MoM
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Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Packanack Lake
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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Frequently asked questions about 40 Forest Ter
- What is 40 Forest Ter estimated to be worth?Trulia's estimated value for 40 Forest Ter in Wayne, NJ is $748,700.
- 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 $765K. That is up $35K from the prior month.
- What are the closest schools to 40 Forest Ter?The closest schools to 40 Forest Ter in Wayne, NJ are George Washington Middle School (rated 7/10), Packanack Elementary School (rated 6/10), Wayne Valley High School (rated 5/10).
- Does 40 Forest Ter have air conditioning?Yes, 40 Forest Ter in Wayne, NJ has air conditioning.
- Does 40 Forest Ter have laundry facilities?Yes, 40 Forest Ter in Wayne, NJ has in-unit laundry.