NOT LISTED FOR SALE

118 Macarthur Dr Edison, NJ 08837

Estimated Value: $350,000 - $432,000

2 Beds
1 Bath
-- Sq Ft
2,396 Sq Ft Lot

Last Sold April 03, 2023

Last sale price $275,000

Est. 42% increase in value since last sale

Current estimated payment $2,626/month

42 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Chairlift
  • James Monroe Elementary School Rated A-
  • Living Room
  • Forced Air Heating System

About This Home

As of April 2023

Bring your imagination to this 2 bed 1 bath 1/2 duplex property located in desirable North Edison. This home offers a private backyard with direct access into the school. Large deck for entertaining. One car wide driveway way. Unfinished basement. Formal living room and dining room. Near all major highways, restaurants, public transportation and more. This is a must see!

Last Agent to Sell the Property

Richard Adamski

EXP REALTY, LLC Listed on: 02/20/2023

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1942

Lot Details

  • 2,396

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Chairlift
  • Lot Dimensions are 100.00 x 25.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,590

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100.00 x 25.00
  • Ownership: Fee Simple
  • Subdivision Name: NONE
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: 1/2 Duplex, Duplex
  • Year Built: 1942
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Separate Dining Area
  • Appliances: Gas Range/Oven, Gas Water Heater
  • Accessibility Features: Chairlift
  • Has Basement: Full, Utility Room
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: Kitchen, Living Room, Dining Room, 2 Bedrooms, Bath Main
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 1 Car Width, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Tax Info

  • Tax Annual Amount: 5590
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Mar 29, 2023
Sold by
Costigan Elda J
Bought by
Spring Real Estate Llc
Seller's Agent
Richard Adamski
EXP REALTY, LLC
List Price
$225,000
Sold Price
$275,000
Premium/Discount to List
$50,000
22.22%
Views
416
Current Estimated Value
$390,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,404
Avg. Annual Appreciation
14.79%
Original Mortgage
$145,000
Outstanding Balance
$141,065
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$249,339

Purchase Details

Closed on
Feb 5, 2013
Sold by
Costigan Elda J and Messina Elda J
Bought by
Costigan James J and Costigan Elda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Spring Real Estate Llc $275,000 Goodeed Title Agency
Costigan James J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spring Real Estate Llc $145,000
Previous Owner Costigan James J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $275,000 +22.2% --
02/20/2023 02/20/23 For Sale $225,000 -- --
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
2025 $6,667 $112,000 $42,200 $69,800
2024 $5,607 $112,000 $42,200 $69,800
2023 $5,607 $94,700 $42,200 $52,500
2022 $5,609 $94,700 $42,200 $52,500
2021 $5,590 $94,700 $42,200 $52,500
2020 $5,539 $94,700 $42,200 $52,500
2019 $5,330 $94,700 $42,200 $52,500
2018 $5,201 $94,700 $42,200 $52,500
2017 $5,091 $94,700 $42,200 $52,500
2016 $4,996 $94,700 $42,200 $52,500
2015 $4,805 $94,700 $42,200 $52,500
2014 $4,665 $94,700 $42,200 $52,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2308839R

All Jersey MLS

APN: 05-00730-07-00020-01