50 Knox Ter
Wayne, NJ, 07470 $ 380,000
Bedrooms2 Baths1.1 Monthly Estimate*
$ 2,371
for $380,000 with 2 bedrooms and 1 full bath, 1 half bath. This condo was built in 1962.
Welcome to the outstanding Valley Terrace Condominiums! Nestled in one of Wayne's most desirable communities, this charming and spacious 2-bedroom, 1.5-bathroom condo offers the perfect balance of comfort, convenience, and value. Step inside to a bright and open living room filled with natural light, including a spacious dining area, as well as the centrally located, modernized kitchen with stainless steel appliances. The kitchen and flooring have been recently updated, and the unit has been meticulously maintained, giving the home a fresh, move-in ready appeal for it's next owner. In the living quarters you'll find the primary bedroom, boasting a rare ensuite half bath, while the second expansive bedroom makes a perfect guest room, home office, or nursery; as well as the ideally located full bathroom, filled with natural sunlight. Additional features include laundry facilities within the community, ample storage in unit, convenient resident parking, separate 1 car garage with room for storage, and more! Residents also enjoy access to the community pool for seasonal relaxation, and can enjoy the peaceful community courtyard, as their own slice of nature. Located near NYC transportation, major highways, shops/restaurants, schools & parks - in the beloved community of Wayne, NJ - this special condo is truly the perfect place to call home. Schedule your showing today!
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Condo PendingOne Floor Unit, First Floor Unit
FeaturesGeneralSewer Public Sewer Sewer Charge Extra
Heating 1 Unit Baseboard - Hotwater
Cooling 2 Units Wall A/C Unit(s)
Utilities Electric Gas-Natural
Possession 0-30
Roof Composition Shingle
Appliances Carbon Monoxide Detector Kitchen Exhaust Fan Range/Oven-Gas
HOA Fee 420
Garage Spaces 0
Architectural Style One Floor Unit First Floor Unit
Pets Allowed No
Year Built 1962
Garage See Remarks
Township Wayne Twp.
Tax Year 2024
Ownership Condominium
Assoc Fee Paid Per Monthly
County Passaic
Subdivision Name Valley Terrace
Total Rooms 5
Full Baths 1
Status Under Contract
Directions Valley Rd (Valley Terrace) Knox Terrace
Tax Annual Amount 6183
Drive See Remarks
Standard Status Under Contract
Tax Assessed Value 104000
Town # 2514
Tax Lot 1
Primary Style One Floor Unit
Sub Property Type Condo/Coop/Townhouse
Community Living Yes
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InteriorBasement Unfinished
Total Fireplaces 0
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 2
Kitchen Features Eat-In Kitchen
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ExteriorWater Source Public Water Water Charge Extra
Exterior Description Brick
Lot Dimensions .000 AC
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* Excluded FeaturesList ByDANIELLE M. GROSSOListing Agent
Coldwell Banker Realty SrvBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,371
- Monthly Property Taxes
- $515
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Wayne, NJ
Average List Price $480,140
Percent of Sale Price 26%
About Wayne, NJ 54,532 Population
1% Since 2002
$ 109,884 Median Income
43.87 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/16/2025 | $380,000 | -2.56% | Price Down |
| 9/24/2025 | $390,000 | | Listed Price |