NOT LISTED FOR SALE

106 Fay St Edison, NJ 08837

Estimated Value: $401,526 - $549,000

2 Beds
2 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold May 24, 2021

Last sale price $385,106

Est. 29% increase in value since last sale

Current estimated payment $3,386/month

100 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Hot Water Baseboard Heater
  • Private Yard

About This Home

As of May 2021

Newly renovated 2 bedroom first floor apartment in multifamily home with full access to basement! Updates include new flooring, appliances, cabinets, countertops. Living room, eat in kitchen, 2 bedrooms, full bathroom and laundry make up the first floor. Basement has a rec room, full bath and it's own kitchenette. Street parking. Tenant pays electric and gas. Water, trash, sewer included in rent. Close to major highways and shopping. Available Immediately.

Last Agent to Sell the Property

Michelle Rizzo

RE/MAX WELCOME HOME Listed on: 01/14/2021

RE/MAX WELCOME HOME

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,209

Year Built

  • Built in 1927

Lot Details

  • 5,001 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Community Details

Overview

  • Maple Park Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,209

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Maple Park
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1927
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Washer)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Divided Use
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths,Den/Family Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Public Transit
  • Exterior Features: Yard
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5001
  • Zoning: RB

Rental Info

  • Lease Term: Unit 2(No Lease)

Tax Info

  • Tax Annual Amount: 7209
  • Tax Year: 2019

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jun 2, 2021
Sold by
Corniel Ana
Bought by
Meneses Christian
Seller's Agent
Michelle Rizzo
RE/MAX WELCOME HOME
List Price
$385,106
Sold Price
$385,106
Current Estimated Value
$498,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,055
Avg. Annual Appreciation
5.85%
Original Mortgage
$378,130
Outstanding Balance
$346,298
Interest Rate
2.95%
Estimated Equity
$143,307

Purchase Details

Listed on
Jan 14, 2021
Closed on
May 20, 2021
Sold by
Corniel Ann
Bought by
Meneses Christian
Seller's Agent
Michelle Rizzo
RE/MAX WELCOME HOME
List Price
$385,106
Sold Price
$385,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,130
Outstanding Balance
$346,298
Interest Rate
2.95%
Estimated Equity
$143,307

Purchase Details

Closed on
Nov 28, 2006
Sold by
O'Malley Peter
Bought by
Corniel Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
6.31%
Source: Public Records

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
Meneses Christian $385,106 --
Meneses Christian $385,106 Quality Ttl & Abstract Agcy
Corniel Ana $304,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meneses Christian $378,130
Closed Meneses Christian --
Closed Meneses Christian $378,130
Previous Owner Corniel Ana $273,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Rented -- -- --
10/08/2021 10/08/21 For Rent $2,200 0.0% --
05/24/2021 05/24/21 Sold $385,106 0.0% --
04/24/2021 04/24/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $385,106 -- --
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 $7,910 $133,600 $70,000 $63,600
2023 $7,910 $133,600 $70,000 $63,600
2022 $7,913 $133,600 $70,000 $63,600
2021 $7,320 $128,100 $70,000 $58,100
2020 $7,493 $128,100 $70,000 $58,100
2019 $6,830 $128,100 $70,000 $58,100
2018 $6,827 $128,100 $70,000 $58,100
2017 $6,883 $128,100 $70,000 $58,100
2016 $6,759 $128,100 $70,000 $58,100
2015 $6,500 $128,100 $70,000 $58,100
2014 $6,310 $128,100 $70,000 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2110884

All Jersey MLS

APN: 05-00712-0000-00036-01