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16 Smith Ln

Wayne, NJ 07470

3 bd 2 ba 1,640 sqft Built 1971 Lot 13,939 sqft single_family
Most recent sale
$550,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $550,000 MLS #3796985
Jul 20, 2022 Listed $519,999 MLS #22027109
Jul 19, 2022 Listed $519,999 MLS #3796985

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $85,900 $141,600 $227,500 $13,645
2024 $85,900 $141,600 $227,500 $15,037
2023 $111,300 $141,600 $252,900 $14,460
2022 $111,300 $141,600 $252,900 $14,298
2021 $111,300 $141,600 $252,900 $14,283
2020 $111,300 $141,600 $252,900 $14,221
2019 $111,300 $141,600 $252,900 $13,945
2018 $111,300 $141,600 $252,900 $13,821
2017 $111,300 $141,600 $252,900 $13,695
2016 $111,300 $141,600 $252,900 $13,502
2015 $111,300 $141,600 $252,900 $13,340
2014 $111,300 $141,600 $252,900 $12,964
2013 $111,300 $141,600 $252,900 $12,529
2012 $111,300 $141,600 $252,900 $12,314
2010 $111,300 $141,600 $252,900 $11,421
2009 $111,300 $141,600 $252,900 $10,938
2008 $111,300 $141,600 $252,900 $10,559
2007 $111,300 $141,600 $252,900 $10,065

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,640 sqft
Lot size
13,939 sqft
ZIP code
07470
City
Wayne
Street
Smith Ln
Coordinates
40.95940, -74.25781

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,460
Gross rental yield
5.37%
Implied cap rate
3.49%
Trend-extrapolated value

Frequently asked questions

When did 16 Smith Ln last sell?
16 Smith Ln most recently sold on Sep 1, 2022 for $550,000.
What is the current tax assessment for 16 Smith Ln?
The most recent total assessment for 16 Smith Ln (year 2025) is $227,500 with $13,645 in property tax.
How does 16 Smith Ln's assessment compare to its last sale price?
The current assessment is 58.6% below the last sale price of $550,000.
When was 16 Smith Ln built?
16 Smith Ln was built in 1971.
How does 16 Smith Ln compare to others on Smith Ln?
We track 8 other properties on Smith Ln. Browse the list under "Other properties on Smith Ln" to compare beds, baths, and sale history.
What are the property facts for 16 Smith Ln?
16 Smith Ln is a 3 bed, 2 bath, 1,640 sqft, 13,939 sqft lot single_family.
Is 16 Smith Ln a flip candidate?
No — 16 Smith Ln does not appear in our flips dataset.
Is 16 Smith Ln a tax-appeal candidate?
No — 16 Smith Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.0%
Implied 1-yr
+23.8%
2026 Q3
$923.2K
2026 Q4
$962.8K
ZIP 07470 — Median Price History + Forecast

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