NOT LISTED FOR SALE

1005 Timber Oaks Rd Unit 5 Edison, NJ 08820

North Edison Neighborhood

Estimated Value: $580,000 - $604,000

3 Beds
2.5 Baths
1,218 Sq Ft
$487/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $545,000 $447 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,999/month

86 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Granite Countertops
  • James Madison Primary School Rated A-
  • Attic
  • L-Shaped Dining Room

About This Home

As of July 2023

**Multiple offers received - Highest and Best due Thursday (4/20) by 3 PM** Looking for a beautifully renovated North West facing (please verify) 3 bed 2.5 bath townhouse in North Edison? The Oaks is an awesome community to call it home or for investment. You will be amazed with this renovated townhouse. Recent updates include beautifully renovated kitchen and all the bathrooms. You will love how clean the house is! Outdoor deck to enjoy those summer barbecues. Need to hear more? The large fully finished basement can be used for so many things - media room, play area, office, just need your imagination! Beautiful hardwood floors on the main level and clean carpets on the 2nd floor. Upstairs features laundry area (how convenient!), primary bedroom with bath attached, main bathroom and 2 additional awesome sized rooms! Bedrooms feature closet organizers! So what are you waiting for?! Schedule your tour!

Last Listed By

KARAN JUGAL

REALTYMARK SELECT Listed on: 04/15/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,505

Year Built

  • Built in 1982

Lot Details

  • 100 Sq Ft Lot
  • Lot Dimensions are 10.00 x 10.00
  • Northwest Facing Home

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,218 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Drapes & Rods
  • Entrance Foyer
  • Family Room
  • L-Shaped Dining Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Recreation or Family Area in Basement
  • Basement Storage

Parking

  • Common or Shared Parking
  • Additional Parking
  • Open Parking
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management fee, common area maintenance, insurance, maintenance structure, snow removal, trash, ground maintenance, maintenance fee
  • Oaks Sec 02 Subdivision
  • The community has rules related to vehicle restrictions

Building Details

  • Maintenance Expense $285

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,505

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0023
  • Lot Size: 10.00 x 10.00
  • Ownership: Condominium
  • Subdivision Name: Oaks Sec 02
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Dining L, Living Dining Combo
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Pantry, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Finished, Recreation Room, Storage Space, Utility Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Entrance Foyer, Kitchen, Dining Room, Family Room, 3 Bedrooms, Bath Main, Attic
  • Living Area: 1218
  • Stories: 2
  • Window Features: Drapes

Exterior Features

  • Lot Features: Interior Lot
  • Direction Faces: Northwest
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Additional Parking, Common, Open, Unassigned, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable TV, Underground Utilities, Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Restricted i.e. size

Fee Information

  • Association Fee Includes: Management Fee, Common Area Maintenance, Insurance, Maintenance Structure, Snow Removal, Trash, Maintenance Grounds, Maintenance Fee

Lot Info

  • Lot Size Sq Ft: 100
  • Zoning: RBBT

Multi Family

  • Maintenance Expense: 285

Tax Info

  • Tax Annual Amount: 8505
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
Jul 9, 2023
Sold by
Singh Narinder and Singh Meena
Bought by
Jogu Anwesh Raj and Bobbiry Preethika
Seller's Agent
KARAN JUGAL
REALTYMARK SELECT
List Price
$499,900
Sold Price
$545,000
Premium/Discount to List
$45,100
9.02%
Total Days on Market
86
Views
243
Current Estimated Value
$593,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,343
Avg. Annual Appreciation
4.59%
Original Mortgage
$517,750
Outstanding Balance
$508,904
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$82,500

Purchase Details

Closed on
Jul 9, 2008
Sold by
Sharma Rajiv and Sharma Padmini
Bought by
Singh Narinder and Singh Meena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2002
Sold by
Goodman Lee
Bought by
Sharma Rajiv and Sharma Padmini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
6.09%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jogu Anwesh Raj $545,000 None Listed On Document
Singh Narinder $395,000 Golden Title Agency
Sharma Rajiv $276,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jogu Anwesh Raj $517,750
Previous Owner Singh Narinder $348,000
Previous Owner Singh Narinder $355,500
Previous Owner Sharma Rajiv $100,000
Previous Owner Sharma Rajiv $220,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $545,000 +9.0% $447 / Sq Ft
04/15/2023 04/15/23 For Sale $499,900 -- $410 / Sq Ft
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,503 $148,400 $65,000 $83,400
2023 $8,503 $143,600 $65,000 $78,600
2022 $8,505 $143,600 $65,000 $78,600
2021 $8,161 $143,600 $65,000 $78,600
2020 $8,399 $143,600 $65,000 $78,600
2019 $7,766 $143,600 $65,000 $78,600
2018 $7,887 $143,600 $65,000 $78,600
2017 $7,720 $143,600 $65,000 $78,600
2016 $7,260 $143,600 $65,000 $78,600
2015 $6,985 $143,600 $65,000 $78,600
2014 $6,787 $143,600 $65,000 $78,600
Source: Public Records

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Source: All Jersey MLS

MLS Number: 2310861R

All Jersey MLS

APN: 05-00427-0000-00026-0000-C-1005