Packanack Lake is an unincorporated lake community and census-designated place (CDP) in Wayne in Passaic County, in the U.S. state of New Jersey. The community is located 30 minutes northwest of Manhattan. As of the 2020 census, Packanack Lake had a population of 6,261.

The median income in Packanack Lake was $100,887, and the average income of households with children was $140,869. 95.9% of Packanack area residents are high school graduates while 57.5% are college graduates. 77.4% of residents are married. 41.4% of residents had children. The average age of residents was 40.6 years old.

Gatherings and social events are held on both East Beach (on Lake Drive East) and West Beach (on Lake Drive West) which include band concerts, craft shows, and bonfires.

Demographics