48 Forest Ter
Wayne, NJ 07470
Packanack Lake- 4 Beds
- 2 Baths
4 Beds
2 Baths
(on 0.31 acres)
Local Information
-- mins to
Description
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 $689,800, with a rent estimate of $4,195/month.
Home Highlights
Parking
Open Parking
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
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 5 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 History for 48 Forest Ter
| Date | Price | Event | Source |
|---|---|---|---|
| 08/21/2023 | $500,000 | Sold | All Jersey MLS #2313656R |
| 07/26/2023 | $460,000 | Pending | GSMLS #3849751 |
| 07/26/2023 | $460,000 | Contingent | All Jersey MLS #2313656R |
| 06/16/2023 | $460,000 | Listed For Sale | NJMLS #23018600 |
| 07/14/2022 | $340,000 | Sold | N/A |
Market trends in Wayne
Last updated May 2026
Avg. sale price
$714K
$148MoM
Sale-to-List Price
103.4%
0.3%MoM
Price per sq ft
$357
$8MoM
Available listings
135
26MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $12,992 |
| Assessment | $218,500 |
Home facts updated by county records
Comparable Sales for 48 Forest Ter
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 | - | |
0.30 | Single-Family Home | $800,000 | 01/08/26 | 4 | 3 | - | |
0.57 | Single-Family Home | $650,000 | 09/30/25 | 4 | 2 | - | |
0.44 | Single-Family Home | $709,000 | 11/21/25 | 3 | 2 | - |
Nearby homes
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