What is the median home value in Packanack Lake, NJ?

The median value of owner-occupied homes in Packanack Lake, NJ is $601,000 (±$24,484), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$601,000 (±$24,484)
Owner-occupied homes
1,909 (±168)
Most common range
$500,000 to $999,999

Home values in Packanack Lake

Owner-occupied homes by value, 2020–2024
ValuePackanack LakePassaic CountyNew JerseyUnited States
Less than $50,0000.9% (±1.1 points)2.7%2.5%5.3%
$50,000 to $99,9993.8% (±2.9 points)1.0%1.8%6.1%
$100,000 to $149,9990.0% (±2.3 points)1.3%2.2%6.8%
$150,000 to $199,9990.0% (±2.3 points)2.2%4.3%9.0%
$200,000 to $299,9990.0% (±2.3 points)8.4%12.9%17.8%
$300,000 to $499,99923.4% (±7.0 points)45.3%34.2%26.9%
$500,000 to $999,99969.7% (±7.4 points)36.8%34.5%20.9%
$1,000,000 or more2.3% (±1.5 points)2.2%7.6%7.1%

The most common range is $500,000 to $999,999, 69.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Packanack Lake against Passaic County, its state and the nation

Estimate (90% margin of error)
Packanack LakePassaic CountyNew JerseyUnited States
Median home value$601,000 (±$24,484)$459,500 (±$3,736)$454,400 (±$1,150)$332,700
Owner-occupied homes1,909 (±168)94,970 (±1,482)2,239,128 (±10,678)84,210,142

In Packanack Lake, the median home value is higher than in Passaic County ($459,500).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Passaic County, Packanack Lake ranks 3 of 9 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 49 of 248.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median home value in places near Packanack Lake

Nearest places with a published estimate, compared with Packanack Lake
PlaceDistanceMedian home valueCompared with this place
Packanack Lake—$601,000 (±$24,484)—
Preakness1.6 mi$617,700 (±$25,892)Not measurably different
Lincoln Park Borough2.7 mi$443,300 (±$21,272)Lower
Pequannock Township3.1 mi$553,200 (±$34,859)Lower
Totowa Borough3.1 mi$559,300 (±$31,677)Lower
Pompton Plains3.3 mi$539,000 (±$42,519)Lower
Haledon Borough3.5 mi$396,400 (±$40,868)Lower
Singac3.8 mi$427,400 (±$33,545)Lower
North Haledon Borough4.1 mi$547,600 (±$45,000)Lower

Nearby places with a measurably lower figure: Lincoln Park Borough, NJ ($443,300), Pequannock Township, NJ ($553,200), Totowa Borough, NJ ($559,300).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Passaic County, place by place

RankPlaceMedian home value
1Pines Lake$626,500 (±$41,529)
2Preakness$617,700 (±$25,892)
3Packanack Lake$601,000 (±$24,484)
4Great Notch$580,400 (±$50,735)
5Hewitt$466,600 (±$73,344)
6Newfoundland$434,600 (±$23,444)
7Singac$427,400 (±$33,545)
8Macopin$389,800 (±$27,705)
9Upper Greenwood Lake$376,700 (±$26,453)

Packanack Lake is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Wayne Township, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Packanack Lake

What is the average home value in Packanack Lake, NJ?

The Census Bureau publishes the median: $601,000 (±$24,484) for owner-occupied homes in Packanack Lake (2020–2024 American Community Survey).

Is this what homes in Packanack Lake sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Packanack Lake CDP, New Jersey (place:55620, in state:34).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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