Call Reiley Phelan for all showings and info 201-951-4877! Space, potential, and the Packanack Lake lifestyle all come together in this expanded Cape Cod offering nearly 1,800 sq ft of living space, plus a full walk-out basement and 2-car garage! Featuring 3 bedrooms with the potential for a 4th above the family room, 1 full and 1 half bath, this home offers endless possibilities to create something truly special. The impressive nearly 500 sq ft family room, complete with its own private side entrance, provides incredible flexibility and, with the right vision, could be transformed into an in-law suite, guest quarters, home office, or spectacular entertaining space. Set on over a third of an acre, there's plenty of room to dream—whether adding a pool, expanding the home, or creating your own backyard oasis. A spacious driveway offers parking for up to 6 cars. Enjoy the sought-after Packanack Lake lifestyle with a scenic 2.5-mile walk around the lake, 2 beaches, ball fields, tennis, pickleball, 9-hole golf course, 2 clubhouses, year-round events, sports, clubs and so much more. Bring your vision and make this one your own!
For sale
$649,000
42 Valley View Terrace, Wayne, NJ 07470
3beds
--sqft
Single Family Residence
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private side entranceFull walk-out basement
- 20 days
- 2,919
- 303
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jeannemarie Phelan 973-800-2384,
Keller Williams Prosperity Realty,
Reiley Phelan 201-951-4877,
Keller Williams Prosperity Realty
Source: NJMLS,MLS#: 26035464
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Flooring: Hardwood
- Basement: Full,Walk-Out Access,Unfinished
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 2
- Details: Attached, Gar Opener
Features
- Patio & porch: Deck / Patio
- Pool features: None
- Has view: Yes
- View description: Sunset
- Waterfront features: Lake Privileges
Lot
- Features: Regular
Details
- Parcel number: 1401716000000021
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Community & HOA
Community
- Features: Age Restricted, Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
- Senior community: Yes
Location
- Region: Wayne
Financial & listing details
- Tax assessed value: $238,800
- Annual tax amount: $14,323
- Date on market: 9/16/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Private
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $649,000+225.3% |
Source: | ||
| 2/1/1993 | Sold | $199,500 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,199 +4% | $238,800 |
| 2024 | $13,655 | $238,800 |
| 2023 | $13,655 +1.1% | $238,800 |
| 2022 | $13,502 +0.1% | $238,800 |
| 2021 | $13,487 +2.4% | $238,800 |
| 2020 | $13,167 +0.9% | $238,800 |
| 2019 | $13,050 +0.9% | $238,800 |
| 2018 | $12,931 +1.4% | $238,800 |
| 2017 | $12,750 +1.2% | $238,800 |
| 2016 | $12,597 +2.9% | $238,800 |
| 2015 | $12,241 +3.5% | $238,800 |
| 2014 | $11,830 +1.7% | $238,800 |
| 2013 | $11,627 +3.8% | $238,800 |
| 2012 | $11,197 +3.8% | $238,800 |
| 2011 | $10,784 +4.4% | $238,800 |
| 2010 | $10,328 | $238,800 |
| 2009 | -- | $238,800 |
| 2008 | -- | $238,800 |
| 2007 | -- | $238,800 +2.8% |
| 2006 | -- | $232,400 |
| 2005 | -- | $232,400 |
| 2004 | $7,204 | $232,400 |
| 2003 | -- | $232,400 |
| 2002 | -- | $232,400 +1.3% |
| 2001 | -- | $229,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Packanack Lake
Nearby schools
Schools provided by the listing agent
- Elementary: Packanack
- Middle: George Washington
- High: Wayne Valley
Source: NJMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






