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198 Ratzer Road, Wayne, NJ 07470

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For Sale

$1,398,000

8 beds • 5 baths • 1 half baths

Estimated Payment

$ 7,195 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
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  • Other Residential
    Property type

Explore this Property

As you step inside the 5,400 sq ft home, you are greeted by the impressive grand two-story foyer that features a double bridal staircase. The heart of the home is the gourmet eat-in kitchen, equipped with stainless steel appliances and an abundance of space for your culinary needs. Adjacent to the kitchen is a sitting room offering access to the backyard. The dining room, strategically situated directly across from the kitchen, facilitates effortless hosting. The main level also encompasses a living room, two bedrooms, two full bathrooms, and a half bathroom. Ascending to the upper level, you will discover four additional bedrooms, including the expansive primary suite. This retreat boasts a sitting area, spacious sleeping quarter, a private deck for peaceful outdoor relaxation, a large walk-in closet, and an opulent primary bathroom. An additional family room on this floor provides a versatile space for relaxation and entertainment. Private, fully fenced backyard oasis.
MLS# 24008125

Courtesy Of Coldwell Banker Real Estate Services

(201) 461-5000

Property Features

  • Architecture Style
    Colonial
  • Exterior Type
    Stucco
  • Heating System
    Baseboard

Map and Directions

Directions to 198 Ratzer Road, Wayne, NJ 07470

Home seller CENTURY 21 Gemini LLC

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Gemini LLC

(973) 696-1111
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $7,195
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $7,195

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Packanack Elementary School

Grades KG-5 Public School

Wayne, NJ 07470 0.7 miles
190 oakwood dr

358 total students
13:1 Student teacher ratio

School Rating: B+

School Details

George Washington Middle School

Grades 6-8 Public School

Wayne, NJ 07470 0.4 miles
68 lenox rd

552 total students
10:1 Student teacher ratio

School Rating: A-

School Details

Wayne Valley High School

Grades 9-12 Public School

Wayne, NJ 07470 2.3 miles
551 valley rd

1212 total students
11:1 Student teacher ratio

School Rating: B-

School Details
Other Nearby Schools Distance Type Grades School Rating
Immaculate Heart Of Mary School 0.9 miles Private PK-8
Theunis Dey Elementary School 1.1 miles Public KG-5 A-
Ryerson Elementary School 1.2 miles Public KG-5 C
Stephen J. Gerace Elementary School 1.5 miles Public KG-5 A+
De Paul Catholic High School 1.5 miles Private 8-12
Schuyler-colfax Middle School 1.6 miles Public 6-8 A+
Lincoln Park Middle School 1.7 miles Public 5-8 B
Pequannock Valley Middle School 1.7 miles Public 6-8 B
Hillview Elementary School 1.7 miles Public KG-5 A+
Albert Payson Terhune Elementary School 1.7 miles Public KG-5 B+
Al-ghazaly Jr./sr. High School 1.8 miles Private 7-12
Randall Carter Elementary School 1.8 miles Public KG-5 A
Preakness Early Childhood Center 2.1 miles Public PK
James Fallon Elementary School 2.1 miles Public KG-5 A
Pequannock Township High School 2.1 miles Public 9-12 B+
Wayne Hills High School 2.2 miles Public 9-12 A-
Netherlands Reformed Christian School 2.3 miles Private PK-12

Immaculate Heart Of Mary School

Distance: 0.9 miles

Type Private

Grades: PK-8

Theunis Dey Elementary School

Distance: 1.1 miles

Type Public

Grades: KG-5

A-

Ryerson Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

C

Stephen J. Gerace Elementary School

Distance: 1.5 miles

Type Public

Grades: KG-5

A+

De Paul Catholic High School

Distance: 1.5 miles

Type Private

Grades: 8-12

Schuyler-colfax Middle School

Distance: 1.6 miles

Type Public

Grades: 6-8

A+

Lincoln Park Middle School

Distance: 1.7 miles

Type Public

Grades: 5-8

B

Pequannock Valley Middle School

Distance: 1.7 miles

Type Public

Grades: 6-8

B

Hillview Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-5

A+

Albert Payson Terhune Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-5

B+

Al-ghazaly Jr./sr. High School

Distance: 1.8 miles

Type Private

Grades: 7-12

Randall Carter Elementary School

Distance: 1.8 miles

Type Public

Grades: KG-5

A

Preakness Early Childhood Center

Distance: 2.1 miles

Type Public

Grades: PK

James Fallon Elementary School

Distance: 2.1 miles

Type Public

Grades: KG-5

A

Pequannock Township High School

Distance: 2.1 miles

Type Public

Grades: 9-12

B+

Wayne Hills High School

Distance: 2.2 miles

Type Public

Grades: 9-12

A-

Netherlands Reformed Christian School

Distance: 2.3 miles

Type Private

Grades: PK-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Wayne, NJ 07470

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Wayne, NJ 07470

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

85° July
Hottest Average Month
20° January
Coldest Average Month
18,724 Total Households in Area
-2.9% Increase in population since the year 2010
33.1%
of households
have children
29 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Wayne, NJ 07470

Wayne, NJ 07470 has a population of 53,523 people in 18,724 households with a median age of 43.1 years old.

-2.9%
Decrease in population
since the year 2010
Population is Trending down
19,252
Total households as of 2010
2.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 74%
Hispanic 12%
Asian 10%
Other 4%
Black 3%
Native American <1%
The most prevalent ethnicity is White at 74%, followed by Hispanic at 12%, Asian at 10%, and Other at 4%.

Economics
for Wayne, NJ 07470

2,124 /sq mi
Population Density
$140,781 /yr
Median Household Income
$625,000
Median Sales Price
29 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 30.19% of the households.

Transportation to Work

  • Drive 77%
  • Work from Home 15%
  • Public Transit 6%
  • Walk or Bike 2%

Occupancy by Type

Owned 14,660 76%
Rented 4,065 21%
Vacant 619 3%

White vs Blue Collar Jobs







White Collar 89%
Blue Collar 11%

Family & Education Facts
for Wayne, NJ 07470

43.1 Median Age

Average Household Size

2.7
persons per
household

63.7%

Married Households

Community Population By Education

Bachelors Degree 35%
Graduate Degree 23%
High School Graduate 20%
Some College 12%
Associates Degree 6%
Some High School 4%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 35.1% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
33.1% of households have children

Weather
for Wayne, NJ 07470

The weather for this area ranges from a high of 85° F in July to a low of 20° F in January

85° July
Hottest Average Month
20° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
37°
Feb
21°
39°
Mar
29°
48°
Apr
38°
60°
May
48°
71°
Jun
57°
80°
Jul
62°
85°
Aug
61°
83°
Sep
53°
76°
Oct
42°
65°
Nov
34°
53°
Dec
24°
41°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Wayne, NJ 07470!
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Copyright © 2025 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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