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$649,000 Just Listed
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Property Description
Looks are deceiving! Welcome to this Packanack Lake gem a beautifully updated 3 Bedroom, 2 Bath Ranch offering easy one-floor living and a perfect condo alternative. Step inside to a spacious, sun-filled interior featuring an open-concept Great Room with vaulted ceilings, exposed beam details, skylights, and walls of windows that flood the space with natural light. The updated Kitchen boasts stainless steel appliances, breakfast bar, and flows seamlessly into a separate dining area ideal for everyday living and entertaining.The private Primary Suite offers an updated en-suite bath and dual closets, while two additional bedrooms and a full bath (with direct bedroom access) complete the layout. Access from the Kitchen leads to a fenced yard with a charming garden low maintenance, high enjoyment. Additional features include a long driveway for ample parking and a built-in storage room. Extensive updates provide peace of mind: electrical panel (2018), skylights & central A/C (2020), furnace (2022), attic insulation & carpeting (2023), plus washer/dryer, French drain, primary bath shower, and siding/soffits all completed in 2025. Enjoy Packanack Lake living at its best fishing, swimming, boating, playground, pickleball & tennis all just moments from your door.
Full Property Details
Full Property Details for 16 Forest Terrace
General
- Price: $649,000
- HOA FEE: $40/month
- HOA FEE FREQ.: Annually
- Taxes: $11,108 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4021841
- Updated: Today (4/23/2026)
- Added to Site: Today
Interior
- Number of Rooms: 6
- 1st Floor/Level 1: Bedroom 3, Main Bath, Other Bath, Dining Room, Great Room, Kitchen, Laundry Room, OutEntrn, Storage Room, Utility Room
- Interior Features: Beam Ceilings, Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Skylight, Smoke Detector, Stall Shower, Tub Shower
- Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave, Gas Range and Oven, Refrigerator, Washer
- Flooring: Carpeting, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 1st Floor, Full Bath
- Bedroom 1: 17 x 12, First
- Bedroom 2: 15 x 11, First
- Bedroom 3: 12 x 11, First
Other Rooms
- Living Room: 20 x 16, First
- Kitchen: Breakfast Bar, Separate Dining Area, 12 x 6, First
- Dining Room: Formal Dining Room, 12 x 11, First
- Attic: Second
- Storage Room: First
- Utility Room: First
Additional Information
- Shared Amenities: Club House, Lake Privileges, Playground, Tennis Courts
Exterior
- Exterior Features: Patio, StrmDoor, FencVnyl
Parking
- Uncovered Spaces: 3
Location
- County: Passaic
- Subdivision: PACKANACK LAKE
- Driving Directions: LAKE DR E TO HEMLOCK TO FOREST
School Information
- Elementary School: PACKANACK
- Middle School: G. WASHINGTON
- High School: WAYNE VALLEY
Community
- Community Living: Yes
- Assoc. Fees Include: Maintenance-Common Area
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Garbage Included
Structural Information
- Architectural Style: Ranch
- Basement Desc.: Slab
- Roof: Asphalt Shingles
- Year Built: 1960
- Remodeled/Updated: 2023
Lot Features
- Lot Size (Acres): 0.13
- Lot Size: .132 AC
- Driveway/Sidewalk: 1 Car Width, Blacktop
- Zoning: RESIDENTIAL
- Lot Description: Level Lot, Mountain View
Financial Considerations
- Association Fee: $482
- Assoc Fee Freq.: Annually
- Application Fee: $1,200
- Other Fee Freq.: One Time
- Assessment Amount: $185,200
- Land Assmt: $95,500
- Tax Amount: $11,108
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Disclosures: Yes
- APN: 2514-01703-0000-00015-0000-
- Block: 1703
- Lot Number: 15
Listed by Keller Williams Prosperity Realty
Get Pre-Approved Today
Schools
Schools serving 16 Forest Terrace
School District:Wayne Township School District
| Name | Grades | Distance |
|---|---|---|
Packanack Elementary School 190 Oakwood Drive, Wayne, NJ 07470 | K-5 | 1 mi |
George Washington Middle School, Wayne, NJ 68 Lenox Road, Wayne, NJ 07470 | 6-8 | 1.1 mi |
Wayne Valley High School 551 Valley Road, Wayne, NJ 07470 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 Forest Terrace
Date
Details
Price
Change
Source
4/23/2026
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 Forest Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,012
4%
$185,200
—
2023
$10,590
1%
$185,200
—
2022
$10,471
—
$185,200
—
2021
$10,460
34%
$185,200
—
2021
$7,834
-23%
$185,200
—
2018
$10,121
-1%
$185,200
—
2019
$10,212
2%
$185,200
—
2017
$10,029
1%
$185,200
—
2016
$9,888
1%
$185,200
—
2015
$9,769
6%
$185,200
—
2013
$9,175
—
$185,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16 Forest Terrace
16 Forest Ter, Wayne, NJ 07470 (MLS# 4021841) is a Single Family property with 3 bedrooms and 2 full bathrooms. 16 Forest Ter is currently listed for $649,000 and was received on April 23, 2026. Want to learn more about 16 Forest Ter? Do you have questions about finding other Single Family real estate for sale in Wayne? You can browse all Wayne real estate or contact a Coldwell Banker agent to request more information.

