40 Spruce Ter, Wayne, NJ 07470
Property image
Property image
OFF MARKET

$793,700

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,184 sqft

40 Spruce Ter, Wayne, NJ 07470

Packanack Lake
Est. Refi. Payment $5,850/mo*
Refinance Your Home
Currently Off Market - Sold Aug 28, 2023 for $630,000

Home Value

Trulia Estimate
$794K
Since last month
Decreased$6K (-0.7%)
Since last year
Increased$12K (+1.5%)
Since last sale
Increased$164K (+26.1%)
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 +83% in the last 10 years
MonthEstimated value
2026
November 2026$794K
October 2026$805K
September 2026$800K
August 2026$796K
July 2026$817K
June 2026$816K
May 2026$817K
April 2026$797K
March 2026$800K
February 2026$785K
January 2026$786K
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
62 Elmwood Ter, Wayne, NJ
0.15
Single-Family Home
$580,000
02/11/26
3
2
1,438
13 Elmwood Ter, Wayne, NJ
0.16
Single-Family Home
$867,000
07/13/26
4
2
-
8 Forest Ter, Wayne, NJ
0.15
Single-Family Home
$605,000
11/21/25
3
2
-
16 Forest Ter, Wayne, NJ
0.16
Single-Family Home
$629,000
07/07/26
3
2
-
4 Pine Ter, Wayne, NJ
0.22
Single-Family Home
$675,000
12/02/25
3
3
-
14 Oneida Trl, Wayne, NJ
0.28
Single-Family Home
$765,000
03/18/26
3
3
-
44 Forest Ter, Wayne, NJ
0.24
Single-Family Home
$1,300,000
06/29/26
4
3
-
153 Chestnut Dr, Wayne, NJ
0.78
Single-Family Home
$725,000
06/22/26
3
2
1,718
1 Lenape Trl, Wayne, NJ
0.33
Single-Family Home
$625,000
02/19/26
3
2
-
77 Lake Dr E, Wayne, NJ
0.24
Single-Family Home
$800,000
10/21/26
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
44 Spruce Ter, Wayne, NJ 07470
0.02
$918,900
3
2.5
2,627
Off Market
36 Spruce Ter, Wayne, NJ 07470
0.02
$676,000
3
2
1,464
Off Market
37 Elmwood Ter, Wayne, NJ 07470
0.02
$801,200
4
2
2,400
Off Market
41 Elmwood Ter, Wayne, NJ 07470
0.03
$863,900
3
2
1,667
Off Market
31 Elmwood Ter, Wayne, NJ 07470
0.03
$717,800
Studio
-
1,664
Off Market
39 Spruce Ter, Wayne, NJ 07470
0.03
$854,500
3
2.5
1,858
Off Market
35 Spruce Ter, Wayne, NJ 07470
0.03
$741,000
Studio
-
2,059
Off Market
48 Spruce Ter, Wayne, NJ 07470
0.04
$939,600
4
3
2,494
Off Market
45 Spruce Ter, Wayne, NJ 07470
0.04
$724,900
3
2
1,380
Off Market
30 Spruce Ter, Wayne, NJ 07470
0.04
$662,900
Studio
-
1,690
Off Market
29 Elmwood Ter, Wayne, NJ 07470
0.04
$714,700
4
2
1
Off Market
45 Elmwood Ter, Wayne, NJ 07470
0.05
$661,500
Studio
-
1,527
Off Market
31 Spruce Ter, Wayne, NJ 07470
0.05
$686,000
3
1.5
1,292
Off Market
28 Elmwood Ter, Wayne, NJ 07470
0.05
$737,500
3
2
-
Off Market
36 Lake Dr E, Wayne, NJ 07470
0.05
$868,900
Studio
-
3,194
Off Market
49 Spruce Ter, Wayne, NJ 07470
0.05
$708,500
Studio
-
1,574
Off Market
25 Elmwood Ter, Wayne, NJ 07470
0.06
$658,300
Studio
-
1,500
Off Market
32 Lake Dr E, Wayne, NJ 07470
0.06
$691,300
Studio
-
1,846
Off Market
36 Elmwood Ter, Wayne, NJ 07470
0.06
$793,600
4
2.5
3,318
Off Market
30 Elmwood Ter, Wayne, NJ 07470
0.06
$514,700
2
1
773
Off Market

Local Information

  • Map ViewExplore the area around 40 Spruce Ter.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1960
2,184 sqft
$363/sqft
Garage

About this House

What's unique:Gas fireplaceLush backyardGas stoveHalf bathBall fieldsCoat closet
*Character, Charm, Space and Location* This expanded Packanack Lake Cape Cod offers spectacular seasonal lake views, just a stone's throw from the sparkling shoreline. This 4 bedroom, 2.5 bath, wood-shingle beauty is sure to impress. Seamless hardwood floors and walls of windows guide you from the living room with gas fireplace and coat closet, into the dining room, and through to the spacious family room with gas stove. Eat-in-kitchen includes impeccable wood cabinetry and overlooks the 3season room with sliding glass doors to the family room. Two generous bedrooms and a full bath are found on both the 1st and 2nd floors. The full unfinished basement is full of potential with a half bath, laundry, and access to the 1 car garage. Follow the path on either side of the home to your lush backyard, full of privacy and serenity. Packanack Lake is truly 1 stop shop living with 2 Beaches, Ball Fields, Tennis&Pickleball Courts, 9-Hole Golf Course, 2 Club Houses hosting events year round
40 Spruce Ter, Wayne, NJ 07470 is a 4 bedroom, 3 bathroom, 2,184 sqft single-family home in Packanack Lake, built in 1960. It last sold for $630,000 on Aug 28, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $793,700, with a rent estimate of $4,370/month.

Home Details for 40 Spruce Ter

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Appliances & Utilities
Washer
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 9147 sqft

Price and Tax history

DateEventPrice
Aug 28, 2023
Source: GSMLS #3846540
Sold
$630,000
Jul 17, 2023
Source: NJMLS #23016372
Pending
$599,900
May 31, 2023
Source: NJMLS #23016372
Listed For Sale
$599,900
Apr 20, 2006
Source: N/A
Sold
$535,000

Market trends in Wayne

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

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 40 Spruce Ter

  • What is 40 Spruce Ter estimated to be worth?
    Trulia's estimated value for 40 Spruce Ter in Wayne, NJ is $793,700.
  • What is the price history for 40 Spruce Ter?
    40 Spruce Ter in Wayne, NJ last sold for $630,000 in August 2023.
  • 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 40 Spruce Ter?
    The lot at 40 Spruce Ter in Wayne, NJ is about 0.21 acres (9,148 sq ft).
  • Does 40 Spruce Ter have a garage?
    Yes, 40 Spruce Ter in Wayne, NJ has a garage.

Explore by feature - Pet Friendly

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