48 Forest Ter
Wayne, NJ 07470
Packanack Lake
4 Beds
2 Baths
4 Beds
2 Baths
(on 0.31 acres)
Home Value
Trulia Estimate
$695KSince last month
Decreased$3K (-0.4%)Since last year
Decreased$7K (-0.9%)Since last sale
Increased$191K (+38.2%)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 +64% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $691K |
| July 2026 | $698K |
| June 2026 | $694K |
| May 2026 | $690K |
| April 2026 | $672K |
| March 2026 | $676K |
| February 2026 | $658K |
| January 2026 | $677K |
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 |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $580,000 | 02/11/26 | 4 | 2 | - | |
0.11 | Single-Family Home | $660,000 | 11/14/25 | 3 | 2 | - | |
0.20 | Single-Family Home | $770,000 | 12/04/25 | 4 | 2 | - | |
0.20 | Single-Family Home | $605,000 | 11/21/25 | 3 | 2 | - | |
0.09 | Single-Family Home | $887,000 | 10/08/25 | 5 | 3 | - | |
0.03 | Single-Family Home | $1,300,000 | 06/29/26 | 4 | 3 | - | |
0.18 | Single-Family Home | $629,000 | 07/07/26 | 3 | 2 | - | |
0.46 | Single-Family Home | $630,000 | 07/14/26 | 4 | 2 | - | |
0.30 | Single-Family Home | $800,000 | 01/08/26 | 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 |
|---|---|---|---|---|---|---|
0.04 | $816,300 | 4 | 2 | - | Off Market | |
0.03 | $1,300,000 | 4 | 3 | - | Recently Sold | |
0.08 | $921,100 | 5 | 3 | - | Off Market | |
0.09 | $874,500 | 4 | 3 | - | Off Market | |
0.07 | $801,700 | 4 | 2 | - | Off Market | |
0.10 | $899,900 | 3 | 3 | - | Off Market | |
0.11 | $660,000 | 3 | 2 | - | Recently Sold | |
0.17 | $1,500,000 | 4 | 3 | - | Recently Sold | |
0.18 | $629,000 | 3 | 2 | - | Recently Sold | |
0.19 | $846,300 | 3 | 2 | - | Off Market | |
0.15 | $775,000 | 4 | 2 | - | For Sale |
Local Information
- Map ViewExplore the area around 48 Forest Ter.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1930
Lot Size
0.31 acres
Parking
Open Parking
HOA
None
About this House
Lake Style Living at it's finest! Lovely 4 Bed 2 Bath Home on a private wooded lot with access to Packanack Lake is sure to impress! Well maintained with over 2400 sq ft of living, move-in-ready and waiting for you! Blissful, light and bright Sunroom welcomes you in with panoramic views, walls of windows, vaulted ceiling with skylight, and perfectly exudes that cozy log cabin feel! Spacious Living/Dining combo features HW flrs and decorative stone Fireplace, flowing right into the charming Kitchen area. Home Office, sizable Family rm with Laundry, the Main Bath and 1 Bedroom round out the main lvl for easy, accessible living. Upstairs, the 2nd Full Bath, versatile Landing area & 3 more generous Bedrooms. Quaint Backyard with storage shed backs to peaceful, private wooded views. Ample parking and right down the street from the Lake, with Beach + Dock access! Don't wait! This could be the one!!
48 Forest Ter, Wayne, NJ 07470 is a 4 bedroom, 2 bathroom single-family home in Packanack Lake, built in 1930. It last sold for $500,000 on Aug 21, 2023 (9% above the $460,000 asking price). It is currently off market. The Trulia Estimate is $694,500, with a rent estimate of $4,174/month.
Home Details for 48 Forest Ter
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Interior Details Basement: Crawl Only, Exterior Entry, Storage Space, Utility RoomNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom, Dining Room, Family Room, Kitchen, Living Room, Basement |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas ConnectedAppliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water HeaterDishwasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Baseboard Hotwater, Radiators-Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard Hotwater |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Wood BurningHas a Fireplace |
Gas & Electric Gas: Natural GasHas Electric on Property |
Windows, Doors, Floors & Walls Window: Blinds, Drapes, Shades-Existing, Skylight(s)Flooring: Carpet, Ceramic Tile, Vinyl-Linoleum, Wood |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Ceramic Tile, Vinyl Linoleum, Wood |
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Exterior Home Features Roof: AsphaltPatio / Porch: Enclosed, PorchOther Structures: Shed(s)Exterior: Door(s)-Storm/Screen, Enclosed Porch(es), Open Porch(es), Storage Shed, YardSkylight |
Parking & Garage No CarportNo GarageHas Open ParkingParking: 1 Car Width, Additional Parking, Crushed Stone |
Pool Pool: None |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial |
Building Not Attached Property |
Property Information Parcel Number: 1401702000000012 |
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Price List Price: $460,000 |
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MLS Status: Closed |
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Direction & Address City: Wayne |
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Not Senior Community |
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HOA Fee Frequency (second): Monthly |
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Lot Area: 0.31 acres |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 2313656R |
Last check for updates: about 3 hours ago
Listed by ROBERT DEKANSKI
RE/MAX 1st ADVANTAGE, (732) 827-5344
MICHAEL MCGUIRK
RE/MAX 1st ADVANTAGE, (732) 827-5344
Source: All Jersey MLS, MLS#2313656R
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 21, 2023 Source: All Jersey MLS #2313656R | Sold | $500,000 |
Jul 26, 2023 Source: GSMLS #3849751 | Pending | $460,000 |
Jul 26, 2023 Source: All Jersey MLS #2313656R | Contingent | $460,000 |
Jun 16, 2023 Source: NJMLS #23018600 | Listed For Sale | $460,000 |
Jul 14, 2022 Source: N/A | Sold | $340,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $12,992 | $218,500 |
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 48 Forest Ter
- What is 48 Forest Ter estimated to be worth?Trulia's estimated value for 48 Forest Ter in Wayne, NJ is $694,500.
- What is the price history for 48 Forest Ter?48 Forest Ter in Wayne, NJ last sold for $500,000 in August 2023.
- 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.
- Does 48 Forest Ter have laundry facilities?Yes, 48 Forest Ter in Wayne, NJ has in-unit laundry.
- Does 48 Forest Ter have a yard?Yes, 48 Forest Ter in Wayne, NJ has a yard.
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