Address
163 Chestnut Dr, Wayne Twp., NJ
Price
$ 549,000
Property Attributes
- MLS#4050626
- TypeSingle Family
- Listing Status Active
- CountyPASSAIC
- CityWayne Twp.
- AreaWayne Twp.
- NeighborhoodPackanack Lake
- Zip07470
- StyleCape Cod
- Year Built1940
- Taxes$ 11318
- Price$ 549,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.13 Acres
Data Source:
Garden State MLS (GSMLS)
Property Description
Bring your vision and unlock the potential of this 1,536 sq. ft. Cape Cod nestled on a beautiful, tree-lined property in the highly desirable Packanack Lake community of Wayne. Featuring 3 bedrooms, a spacious living room, family room, full basement, and attached one-car garage, this home offers a solid footprint and endless possibilities for renovation and customization. While the property requires substantial updating throughout, several key improvements have already been completed, including newer vinyl replacement windows and exterior doors, a newer hot water heater, and forced hot air oil heat with an above-ground oil tank. The full basement provides ample storage and expansion potential, making this an excellent opportunity for investors, builders, renovators, or buyers looking to create their dream home. Sold strictly as-is; renovation financing or cash may be ideal. Located within the sought-after Packanack Lake community, residents enjoy access to two private beaches, boating, fishing, swimming, clubhouse activities, tennis courts, golf facilities, and a variety of youth and adult recreational programs. Conveniently located approximately 22 miles from Midtown Manhattan and close to shopping, dining, major highways, and NJ Transit, this property offers the rare combination of renovation potential and an exceptional lifestyle opportunity. Packanack Lake mandatory membership annual dues range $482.50 to $922.50. In addition, there is a one-time initiation fee of $1200.
| Elementary School | Middle School | High School |
|---|---|---|
| Packanack Elementary School | G. Washington Middle School | Wayne Valley High School |
| Price History | |
|---|---|
| 9/4/2026 | Listed $549,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | 1 Unit |
| Cooling | Window A/C(s) |
| Utilities | All Underground,Electric,Gas-Natural |
| Possession | Immediate |
| Roof | Asphalt Shingle |
| Appliances | Refrigerator |
| Water Heater | Gas |
| HOA Fee | 923 |
| Garage Spaces | 1 |
| Architectural Style | Cape Cod |
| Pets Allowed | Yes |
| Year Built | 1940 |
| Garage | Attached Garage |
| Township | Wayne Twp. |
| Application Fee | 1200 |
| Easement | Unknown |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Accessibility | No |
| Assoc Fee Paid Per | Annually |
| County | Passaic |
| Subdivision Name | Packanack Lake |
| Total Rooms | 6 |
| Full Baths | 2 |
| Status | Active |
| Directions | Ratzer to Chestnut |
| High School | WAYNE VALLEY |
| Open Parking Spaces | 2 |
| Elementary School | PACKANACK |
| Tax Annual Amount | 11318 |
| Home Warranty Y/N | No |
| Middle/Junior High School | G. WASHINGTON |
| Drive | 1 Car Width,Blacktop |
| Standard Status | Active |
| Tax Assessed Value | 188700 |
| Town # | 2514 |
| Tax Lot | 15 |
| Primary Style | Cape Cod |
| Sub Property Type | Single Family |
| Community Living | Yes |
Interior Features
| Basement | Walkout |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Non-Functional,Wood Burning |
| Kitchen Level | First |
| Living Room Level | First |
| Dining Room Level | First |
| Family Room Level | First |
| In-Law Suite | No |
| Fuel Type | Oil Tank Above Ground - Outside |
| Total Bedrooms | 3 |
| Kitchen Features | Galley Type |
| RoomBed3Level | Second |
| RoomBed2Level | Second |
| RoomBed1Level | Second |
Exterior Features
| Pool | No |
|---|---|
| Lot Features | Level Lot |
| Water Source | Public Water |
| Exterior Description | Aluminum Siding |
| Lot Dimensions | .132 AC |
| Lot Size Acres | 0.13 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 07470
Price
Taxes
Year Built
Visits
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