When was property at 882 Ratzer Road built and last sold?

The property at 882 Ratzer Road was built in 1966 and last sold on Jul 20, 2023 for $534,000.

How much is this home worth?

The estimated value of the home located at 882 Ratzer Road is $757,500.

What are some comparable homes to 882 Ratzer Road?

There are currently no comparable homes to 882 Ratzer Road.

Passaic

07470

882 Ratzer Road

Listed by: David Naseef, [email protected], RE/MAX Elite Realty, (973) 287-6047, Listing Courtesy of NJMLS

$750,000

● House - Off Market

882 Ratzer Road

Wayne, NJ 07470

4 Beds

3 Baths, 1 Half Bath

$4,585

Est. Monthly

4.96%

Cap Rate

About This Property

A true DIAMOND IN THE ROUGH nestled on a park like property with a large set back from the road and plenty of parking for up to 12 cars. This fantastic home was just fully renovated and restored to almost like new construction; with a brand new roof, windows, doors, central air conditioning system, and full electrical service upgrade. Other features include: low taxes, kitchen with breakfast bar and brand new stainless steel appliances including an under the counter beverage cooler; dining room, living room, family room, ground floor laundry/mud room, partially finished basement, 4 bedrooms, 2 1/5 bathrooms, and a 2 car garage. Nearby schools, house of worship, golfing, fishing, parks, shops, & stops. Just foot steps from your front door to the bus stop into NY City.

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

$902

HOA Dues

Year Built

1966

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NJMLS #23036160)

Price History

Date / Event	Date	Event
May 13, 2024	Sold	Premium
Sold
Apr 14, 2024	In contract	-
In contract
Apr 1, 2024	Price Decreased	$769,999 ↓ $5K (0.7%)
Price Decreased
Mar 4, 2024	Price Decreased	$775,000 ↓ $15K (1.9%)
Price Decreased
Feb 20, 2024	Price Decreased	$789,999 ↓ $10K (1.3%)
Price Decreased
Jan 5, 2024	Price Decreased	$799,999 ↓ $14K (1.7%)
Price Decreased
Dec 22, 2023	Price Decreased	$813,999 ↓ $13K (1.6%)
Price Decreased
Dec 22, 2023	Relisted	$826,999
Relisted
Dec 20, 2023	In contract	-
In contract
Nov 29, 2023	Listed by RE/MAX Elite Realty	$826,999
Listed by RE/MAX Elite Realty
Jul 27, 2023	Sold	Premium
Sold
Jun 7, 2023	In contract	-
In contract
May 4, 2023	Listed by Keller Williams Prosperity Realty	$549,000
Listed by Keller Williams Prosperity Realty

	Welcome to this 4 Bedroom, 2 1/2 Bath Split-level home which offers Entry Foyer, Living Room, Dining Room, Eat-in-Kitchen, Family Room, Powder Room, Laundry Room and entry to Garages, Primary Bedroom with full Bath (shower), Main Bath and 3 additional spacious Bedrooms. Hardwood Floors in most rooms. Home is original and in need of cosmetic updates. Sq. Ft. of 2,077 from tax data...being sold "As Is".

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1966

Effective Year Built: 1966
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 41
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: 15,072

Total Building Area: 2,077
Building Area: 2,077
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 2,077
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000346
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Wayne Township School District

Census Tract: 246103

Geography

District: 14

Parcel: 14 02208-0000-00012
Block: 2208
Lot: 12
Municipality: WAYNE TWP
Latitude: 40.9493
Longitude: -74.2401

Address

Full Address: 882 Ratzer Rd

Address - House Number: 882
Address - Street Name: Ratzer
Address - Suffix Type: Rd
State: NJ
City Name: Wayne
Carrier Code: C009
4-Digit Zip Code: 3732
Zip Code: 07470

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,082,741

Appraisal Valuation

Standard Deviation: 0.1957

Valuation Date: Nov 29, 2023
Confidence Score: 73
Final Value: 588,845
High Value: 704,094
Low Value: 473,596

Market Valuation

Market Total Value: $191,500

Market Land Value: $90,000
Market Improvement Value: $101,500

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $191,500
Assessed Land Value: $90,000
Assessed Improvements Value: $101,500

Sales

Current Sale Contract Date: Jul 20, 2023

Current Sale Recording Date: Jul 28, 2023
Current Sale Price:

Premium
Current Sale Document Type: 12
Current Sale Input Document Number: 24273

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:

$589,999

Sale Price/ft²

$313

Below Asking

0.01%

Average Days on Market

Average Home Size

809 ft²

Average Home Age

29 years

Currently For Sale

958 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

Nearby Rentals

Unit for rent at 333 Ratzer, Wayne, NJ, 07470

$3,500 /mo

3 Beds
2 Baths

333 Ratzer, Wayne, NJ, 07470 Listing by Eugene A. Lowe

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: David Naseef
RE/MAX Elite Realty
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23036160

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.

882 Ratzer Road

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