Packanack Lake, Paterson, NJ
Packanack Lake — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Packanack Lake, Paterson, New Jersey. Explore the cited sources and local facts below while agent underwriting continues.
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Packanack Lake Neighborhood Overview
Packanack Lake is a distinct, well-established neighborhood in Wayne, New Jersey, known for its private namesake lake. It offers a suburban, community-focused lifestyle with a mix of waterfront and traditional homes, providing a serene environment within commuting distance of New York City.
Housing & Real Estate
The neighborhood features a variety of architectural styles, including mid-century ranches, colonials, and custom-built contemporaries, many with lake access. With a median home value of approximately $565,700, it represents a premium suburban market in the Paterson area.
Schools & Education
Families in Packanack Lake are served by the highly-rated Wayne Township Public Schools, including Packanack Elementary School. The district offers strong academic programs and extracurricular activities, contributing to the area's appeal for families.
Parks & Recreation
The centerpiece is the private, 90-acre Packanack Lake, which offers members boating, fishing, and community events. The neighborhood also has its own clubhouse, beach, and tennis courts, fostering an active, outdoors-oriented community.
Local Dining & Shopping
Residents have convenient access to Wayne's diverse retail corridors along Route 23 and Willowbrook Mall, featuring national chains and local boutiques. Dining options range from casual family restaurants to upscale eateries, catering to a variety of tastes.
Who Lives Here
The neighborhood is primarily composed of families, professionals, and long-time residents, with a high median household income of about $147,740. It is a predominantly residential area known for its strong sense of community and neighborhood associations.
Packanack Lake Market Data
| Metric | Value |
|---|---|
| Median Home Price | $566K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $148K |
| Homeownership Rate | 78.0% |
| Renter-Occupied | 22.1% |
| Rental Vacancy Rate | 3.6% |
| Market Type | Seller's |
| Primary ZIP Code | 07470 |
Top Real Estate Agents in Packanack Lake, Paterson
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Packanack Lake, Paterson, NJ. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New Jersey Real Estate Commission (NJREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14