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$275,000 Just Listed
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Property Description
Low-tax, low-maintenance living in Wayne, NJ is here. Welcome to 55 Knox Terrace, Wayne NJ, a beautifully updated first-floor one-bedroom studio with private entry. Just a few steps into the building and you?re home. Drop your bags and move right in. This modern unit features a renovated kitchen with black stainless steel appliances - including a dishwasher, built-in microwave, and a commercial hood over a new stove and oven, new beautiful hardwood flooring, a stylish barn door for bedroom privacy, & generous storage in unit. Location matters and this one delivers. A quick walk to shopping, dining, and NYC transportation makes everyday life and commuting effortless. The maintenance fee includes heat, hot water, landscaping, common areas, building maintenance, and community pool membership, just pay the electric, giving you true peace of mind and predictable monthly costs. All of this in Wayne, NJ, known for its top-rated schools, Trader Joe?s, Whole Foods, the Wayne Community Center, Boys & Girls Club, PAL sports, town pool and lakes, plus easy access to major highways and transit. Great for anyone looking for a move-in-ready, low-maintenance condo in Wayne NJ.
Full Property Details
Full Property Details for 55 Knox Terrace #1B
General
- Price: $275,000
- HOA FEE: $325/month
- Taxes: $4,257 (2024)
- Status: Active
- Type: Condo
- Source: Garden_State
- MLS ID: 4008857
- Updated: Today (2/9/2026)
- Added to Site: Today
Interior
- Number of Rooms: 3
- 1st Floor/Level 1: Bedroom 1, Main Bath, Kitchen, Living Room, SeeRem
- Interior Features: Blinds, Stall Shower and Tub, Walk-In Closet
- Appliances: Dishwasher, Kitchen Exhaust Fan, Microwave, Gas Range and Oven, Refrigerator
- Flooring: Laminate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Primary Bedroom: 1st Floor, Walk-In Closet
- Bedroom 1: First
Other Rooms
- Living Room: First
- Kitchen: Breakfast Bar, Pantry, First
- Bathroom: First
- Storage Room: First
Additional Information
- Shared Amenities: Pool-Outdoor
- Pool: Yes
- Pool Description: Association Pool
Exterior
- Exterior Features: Open Porch(es), Sidewalk
Location
- County: Passaic
- Subdivision: Valley Terrace
- Driving Directions: Valley Rd to Knox Terrace , first right into parking lot.
School Information
- Elementary School: JFK
- Middle School: ANTHONY WAYNE
- High School: WAYNE HILLS
Community
- Community Living: Yes
- Assoc. Fees Include: Heat, Maintenance-Common Area, Maintenance-Exterior, See Remarks, Sewer Fees, Snow Removal, Trash Collection, Water Fees
Heating & Cooling
- Cooling Type: Ceiling Fan, Wall A/C Unit(s)
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: See Remarks, Garbage Included
Structural Information
- Architectural Style: One Floor Unit, First Floor Unit, One Floor Unit
- Roof: Asphalt Shingles
- Square Feet: 572
- Year Built: 1962
- Remodeled/Updated: 2023
Lot Features
- Lot Size: .000 AC
- Driveway/Sidewalk: Additional Parking, Blacktop, Parking Lot-Exclusive
- Lot Description: Level Lot
Financial Considerations
- Association Fee: $325
- Assoc Fee Freq.: Monthly
- Application Fee: $500
- Other Fee: $350
- Other Fee Freq.: One Time
- Assessment Amount: $71,600
- Land Assmt: $42,900
- Tax Amount: $4,257
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Disclosures: Yes
- APN: 2514-02801-0000-00003-0000-C0104
- Block: 2801
- Lot Number: 3
Listed by Keller Williams Prosperity Realty
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Price & Sales History for 55 Knox Terrace #1B
Date
Details
Price
Change
Source
2/09/2026
Listed
$275,000
38.19%
MLS
10/05/2023
Sold
$199,000
—
Public Record
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 55 Knox Terrace #1B
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,257
5%
$71,600
—
2022
$4,048
—
$71,600
—
2021
$4,044
34%
$71,600
—
2021
$3,029
-23%
$71,600
—
2018
$3,913
1%
$71,600
—
2017
$3,877
1%
$71,600
—
2016
$3,823
1%
$71,600
—
2015
$3,777
-4%
$71,600
—
2019
$3,948
11%
$71,600
—
2013
$3,547
—
$71,600
—
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 55 Knox Terrace #1B
55 Knox Ter #1B, Wayne, NJ 07470 (MLS# 4008857) is a Condo property with 1 bedroom and 1 full bathroom. 55 Knox Ter #1B is currently listed for $275,000 and was received on February 09, 2026. Want to learn more about 55 Knox Ter #1B? Do you have questions about finding other Condo real estate for sale in Wayne? You can browse all Wayne real estate or contact a Coldwell Banker agent to request more information.

