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$549,000 Just Listed
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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. Bring your contractor and imagination to see all that this home can become.
Full Property Details
Full Property Details for 163 Chestnut Dr
General
- Price: $549,000
- HOA FEE: $8,333/month
- HOA FEE FREQ.: Annually
- Taxes: $11,318 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4050626
- Updated: 9/4/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 6
- Lower Level: GarEnter, Laundry Room
- Number of Fireplaces: 1
- Fireplace(s): Non-Functional, Wood-Burning
- Appliances: Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: Second
- Bedroom 2: Second
- Bedroom 3: Second
Other Rooms
- Living Room: First
- Family Room: First
- Kitchen: Galley Type, First
- Dining Room: First
Parking
- Garage: Yes
- Garage Spaces: 1
- Uncovered Spaces: 2
- Garage Description: Attached Garage
Location
- County: Passaic
- Subdivision: Packanack Lake
- Driving Directions: Ratzer to Chestnut
School Information
- Elementary School: PACKANACK
- Middle School: G. WASHINGTON
- High School: WAYNE VALLEY
Community
- Community Living: Yes
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 1 Unit
- Heating Fuel: Oil Tank Above Ground - Outside
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Electric, Natural Gas
Structural Information
- Architectural Style: Cape Cod
- Basement: Yes
- Basement Desc.: Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.13
- Lot Size: .132 AC
- Driveway/Sidewalk: 1 Car Width, Blacktop
- Lot Description: Level Lot
Financial Considerations
- Association Fee: $99,999
- Assoc Fee Freq.: Annually
- Assessment Amount: $188,700
- Land Assmt: $105,600
- Tax Amount: $11,318
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- APN: 2514-02316-0000-00015-0000-
- Block: 2316
- Lot Number: 15
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 163 Chestnut Dr
School District:Wayne Township School District
| Name | Grades | Distance |
|---|---|---|
Packanack Elementary School 190 Oakwood Drive, Wayne, NJ 07470 | K-5 | 0.2 mi |
George Washington Middle School, Wayne, NJ 68 Lenox Road, Wayne, NJ 07470 | 6-8 | 0.5 mi |
Wayne Valley High School 551 Valley Road, Wayne, NJ 07470 | 9-12 | 1.8 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 163 Chestnut Dr
Date
Details
Price
Change
Source
9/04/2026
Listed
$549,000
—
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 163 Chestnut Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,318
7%
$188,700
—
2023
$10,540
1%
$188,700
—
2022
$10,419
7%
$188,700
—
2021
$9,746
37%
$188,700
—
2021
$7,133
-31%
$188,700
—
2018
$10,312
-1%
$188,700
—
2019
$10,405
2%
$188,700
—
2017
$10,218
4%
$188,700
—
2016
$9,825
1%
$188,700
—
2015
$9,704
4%
$188,700
—
2013
$9,348
—
$188,700
—
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 163 Chestnut Dr
163 Chestnut Dr, Wayne, NJ 07470 (MLS# 4050626) is a Single Family property with 3 bedrooms and 2 full bathrooms. 163 Chestnut Dr is currently listed for $549,000 and was received on September 04, 2026. This property is listed by Mizell Ewing from our Wayne Office.Want to learn more about 163 Chestnut Dr? 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.


