Seller's Agent in 2022
Avedis 'Avo' Derbalian
RE/MAX
(201) 803-7208
18 in this area
66 Total Sales
116 Wayne Ave River Edge, NJ 07661
Estimated Value: $1,240,000 - $1,627,000
5
Beds
6
Baths
2,817
Sq Ft
$527/Sq Ft
Est. Value
Highlights
- En-Suite Primary Bedroom
- Central Air
- Gas Fireplace
- Cherry Hill School Rated A+
- Rectangular Lot
About This Home
As of September 2022THIS BEAUTIFUL NEW CONSTRUCTION ON EXISTING & NEW FOUNDATION BUILT BY WELL KNOWN PROMINENT BUILDER IN TOWN. LUXURY AT ITS BEST IN THE BEAUTIFUL TOWN OF RIVER EDGE OFFERS 5 BR, 4 FBTH 2 HBTH CENTER HALL COL W HIGH CEILINGS, FULL FINISHED BASEMENT W HBTH, APPOX 4500SF OF BEAUTY & CUSTOM WORK IN A DEEP 177 FT LOT. FIRST FLOOR FEATURES A LARGE, BRIGHT OPEN FLR PLAN, FAM ROOM W GAS FIREPLACE, CUS. MLDINGS & TRIMS, LRG GOURMET EAT-IN KIT W/CUST CABINETS & STAINLESS STEEL HIGH END APPLIANCES, 10 FT ISLAND & FRENCH DOORS GOING OUT TO A LARGE PATIO OVERLOOKING THE FENCED IN YARD, DINING AREA, LARGE PANTRY, BAR, MUD ROOM, HBATH & FIRST FLOOR BEDROOM GREAT FOR IN-LAWS/GUESTS W FBATH. 2ND FLOOR INCL PRIMARY SUITE, LRG WALKING CLOSET & AN AMAZING FBATH, ANOTHER SUITE W FBATH, 2 ADDITIONAL BEDS, HALLWAY FBATH & LDRY COMPLETES THE 2ND FLOOR. THIS HOME HAS HARDWOOD FLOORS THROUGHOUT & AN ATTACHED GARAGE W LARGE PAVER DRIVEWAY. 6 MILES FROM GWB, MINUTES FROM RT 4 & ALL MAJOR TRANSPORTATION TO NYC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,143
Lot Details
- 9,574 Sq Ft Lot
- Rectangular Lot
Parking
- 1 Car Garage
Interior Spaces
- Gas Fireplace
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Schools
- Cherry Hill Elementary School
- River Dell Middle School
- River Dell Reg. High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00033 / 00814
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2022
Closed on
Aug 31, 2022
Sold by
Derbalian Avedis and Dorizas Irene
Bought by
Xu Weijia and Liu Wenbo
Seller's Agent
Avedis 'Avo' Derbalian
RE/MAX Signature Homes
Buyer's Agent
Yi Xie
Christie's International Real Estate Group-Edgewater
List Price
$1,289,000
Sold Price
$1,250,000
Premium/Discount to List
-$39,000
-3.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,554
Avg. Annual Appreciation
5.29%
Original Mortgage
$750,000
Outstanding Balance
$713,969
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$771,585
Purchase Details
Listed on
Nov 1, 2021
Closed on
Nov 10, 2021
Sold by
Jeanne Massaro
Bought by
Derbalian Avedis and Dorizas Irene
Seller's Agent
Avedis 'Avo' Derbalian
RE/MAX Signature Homes
Buyer's Agent
Avedis 'Avo' Derbalian
RE/MAX Signature Homes
List Price
$437,500
Sold Price
$437,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
284.17%
Original Mortgage
$661,818
Interest Rate
2.27%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xu Weijia | $1,250,000 | None Listed On Document | |
| Xu Weijia | $1,250,000 | None Listed On Document | |
| Derbalian Avedis | $437,500 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xu Weijia | $750,000 | |
| Closed | Xu Weijia | $750,000 | |
| Previous Owner | Derbalian Avedis | $661,818 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/01/2022 09/01/22 | Sold | $1,250,000 | -3.0% | $444 / Sq Ft | |
| 06/28/2022 06/28/22 | Pending | -- | -- | -- | |
| 05/16/2022 05/16/22 | For Sale | $1,289,000 | +194.6% | $458 / Sq Ft | |
| 11/19/2021 11/19/21 | Sold | $437,500 | 0.0% | $155 / Sq Ft | View Prior Sale |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- | |
| 11/01/2021 11/01/21 | For Sale | $437,500 | -- | $155 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $28,778 | $1,131,900 | $366,600 | $765,300 |
| 2024 | $28,059 | $725,800 | $200,000 | $525,800 |
Source: Public Records
Agents Affiliated with this Home
-
Avedis 'Avo' Derbalian
-
Yi Xie
Y
Buyer's Agent in 2022
Yi Xie
Christie's Real Estate Northern NJ
(347) 891-4946
5 in this area
37 Total Sales
Map
Source: New Jersey MLS
MLS Number: 22017267
APN: 52-00814-0000-00033
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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