When was property at 62 Algonquin Trail built and last sold?

The property at 62 Algonquin Trail was built in 1924 and last sold on May 18, 2022 for $495,000.

How much is this home worth?

The estimated value of the home located at 62 Algonquin Trail is $636,300.

What are some comparable homes to 62 Algonquin Trail?

There are currently no comparable homes to 62 Algonquin Trail.

Passaic

07470

62 Algonquin Trail

Listed by: Eugene A. Lowe, [email protected], Howard Hanna Rand Realty, (973) 694-6500, Listing Courtesy of NJMLS

$630,000

● House - Off Market

62 Algonquin Trail

Wayne, NJ 07470

4 Beds

4 Baths

$4,382

Est. Monthly

5.45%

Cap Rate

About This Property

Unique Log Cabin in Pines Lake section of Wayne! Covered front porch overlooks quiet dead-end street! Greet guests in the entry foyer which leads to living room/dining room combo with vaulted ceilings, skylight and wood burning fireplace. Dining room is a great place to host guest. Kitchen offers ample cabinet storage, separate dining area and sliding glass doors that lead to the large rear deck. Family room offers wet bar and sliding glass doors also leading to the deck, which allow plenty of natural light to fill the room. Primary bedroom offers vaulted ceilings and en suite with stall shower and storage vanity. 2 add'l bedrooms and 2 full bathrooms complete the main living space. In-law suite including separate bedroom and den area. Partially finished basement offers storage, laundry hookup, full bathroom and walkout to covered paver patio. This backyard is perfect for outdoor entertaining. The large deck overlooks the entire backyard. Ample driveway parking.

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

$1,288

HOA Dues

Year Built

1924

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NJMLS #24004599)

Price History

Date / Event	Date	Event
May 21, 2024	Sold	Premium
Sold
Mar 18, 2024	In contract	-
In contract
Feb 15, 2024	Listed by Howard Hanna Rand Realty	$679,000
Listed by Howard Hanna Rand Realty
May 18, 2022	Sold	Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

General

Year Built: 1924

Effective Year Built: 1924
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 26
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,971

Total Building Area: 2,295
Building Area: 2,295
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 2,295
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000183
Standard Land Use Code: 1012
County Land Use Code: 2

Neighborhood

School District Name: Wayne Township School District

Census Tract: 246002

Geography

District: 14

Parcel: 14 04607-0000-00021
Block: 4607
Lot: 21
Municipality: WAYNE TWP
Latitude: 40.9951
Longitude: -74.259

Address

Full Address: 62 Algonquin Trl

Address - House Number: 62
Address - Street Name: Algonquin
Address - Suffix Type: Trl
State: NJ
City Name: Wayne
Carrier Code: C065
4-Digit Zip Code: 5017
Zip Code: 07470

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,545,237

Appraisal Valuation

Standard Deviation: 0.1957

Valuation Date: Feb 14, 2024
Confidence Score: 73
Final Value: 662,372
High Value: 792,064
Low Value: 532,681

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Financing Type:

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First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $273,300

Market Land Value: $112,000
Market Improvement Value: $161,300

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $273,300
Assessed Land Value: $112,000
Assessed Improvements Value: $161,300

Sales

Current Sale Contract Date: May 18, 2022

Current Sale Recording Date: May 25, 2022
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 28039
Previous Sale Recording Date: Sep 01, 1994
Previous Sale Contract Date: Jul 29, 1994
Previous Sale Amount: $145,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Passaic

Stats & Trends

Median Asking:

$589,000

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

Average Home Size

749 ft²

Average Home Age

35 years

Currently For Sale

1128 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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4 Beds
2 Baths

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$6,000 /mo

5 Beds
3 Baths

60 Ivy, Wayne, NJ, 07470 Listing by Salma Faraj

Unit for rent at 15 Grandview, Oakland, NJ, 07436

$2,600 /mo

1 Bed
1 Bath

15 Grandview, Oakland, NJ, 07436 Listing by Jordan McGovern

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Listed by: Eugene A. Lowe
Howard Hanna Rand Realty
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24004599

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

62 Algonquin Trail

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Passaic

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions