NOT LISTED FOR SALE

1202 Timber Oaks Rd Edison, NJ 08820

Estimated Value: $541,445 - $578,000

2 Beds
2.5 Baths
1,218 Sq Ft
$457/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $550,000 $452 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,769/month

22 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Side by Side Parking
  • James Madison Primary School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of October 2024

Great Location!! Your fully updated dream SMART home awaits. Located in The Oaks development in the heart of North Edison the home has everything to offer. This meticulously kept 2-bedroom 2.5 bath (both bedrooms with attached full bathroom and WIC) is gleaming with natural light throughout. The sliding door from the family room leads to a spacious perfect outdoor entertainment where you'll discover a private oasis perfect for outdoor enjoyment. Updated unit with beautiful cabinets, Smart appliances (Laundry, refrigerator, smart thermostat, quite dish washer, oven with air fryer, fans), Lights all connected via Google home, Recessed Lights, Wood Burning Fireplace. Excellent North Edison school system, easy access to major roads and highways such as GSP, NJ Turnpike, Rt.1 & 27 and a commuters dream with close access to public transportation via Metropark train station. Showings start 08/24/2024

Last Listed By

BHAKTHI ASRANI

PREMIUMONEREALTY Listed on: 08/24/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,629

Year Built

  • Built in 1986

Lot Details

  • 1,533 Sq Ft Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,218 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Formal Dining Room
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Side by Side Parking
  • Open Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, snow removal, trash, ground maintenance
  • The Oaks Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $285

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,629

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0352
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: The Oaks
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Washer, Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Kitchen, Bath Half, Dining Room, Family Room, 1 Bedroom, 2 Bedrooms, Bath Main, Bath Other, None
  • Living Area: 1218
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 2 Car Width, Assigned

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
  • Association: Yes
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 1533

Multi Family

  • Maintenance Expense: 285

Tax Info

  • Tax Annual Amount: 7629
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Oct 23, 2024
Sold by
Wanjara Devendra and Wanjara Nishita
Bought by
Jain Nikunj Kumar and Shah Shreya
Seller's Agent
BHAKTHI ASRANI
PREMIUMONEREALTY
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Total Days on Market
22
Views
115
Current Estimated Value
$557,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,111
Avg. Annual Appreciation
2.09%
Original Mortgage
$511,500
Outstanding Balance
$508,967
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$48,144

Purchase Details

Listed on
May 9, 2016
Closed on
Oct 17, 2016
Sold by
Gupta Ajay
Bought by
Wanara Nishita and Wanjara Devendra
Seller's Agent
Neelam Makker
RE/MAX FIRST REALTY
Buyer's Agent
MAHESH SWALI
KELLER WILLIAMS ELITE REALTORS
List Price
$359,900
Sold Price
$342,000
Premium/Discount to List
-$17,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Interest Rate
3.47%

Purchase Details

Closed on
Feb 8, 2012
Sold by
Burroughs Carol
Bought by
Gupta Ajay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1998
Sold by
Coe Carole
Bought by
Mularz Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.11%
Source: Public Records

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Range of Values:

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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
Jain Nikunj Kumar $550,000 Providence Abstract
Jain Nikunj Kumar $550,000 Providence Abstract
Wanara Nishita $342,000 --
Gupta Ajay $268,000 Foundation Title Llc
Mularz Joan $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Nikunj Kumar $511,500
Closed Jain Nikunj Kumar $511,500
Previous Owner Wanara Nishita --
Previous Owner Gupta Ajay $201,000
Previous Owner Mularz Joan $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $550,000 +4.8% $452 / Sq Ft
08/24/2024 08/24/24 For Sale $525,000 +53.5% $431 / Sq Ft
08/29/2016 08/29/16 Sold $342,000 -5.0% --
07/13/2016 07/13/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $359,900 -- --
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 $7,881 $133,100 $65,000 $68,100
2023 $7,881 $133,100 $65,000 $68,100
2022 $7,884 $133,100 $65,000 $68,100
2021 $7,564 $133,100 $65,000 $68,100
2020 $7,785 $133,100 $65,000 $68,100
2019 $7,198 $133,100 $65,000 $68,100
2018 $7,310 $133,100 $65,000 $68,100
2017 $7,155 $133,100 $65,000 $68,100
2016 $6,730 $133,100 $65,000 $68,100
2015 $6,474 $133,100 $65,000 $68,100
2014 $6,290 $133,100 $65,000 $68,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    BHAKTHI ASRANI

    PREMIUMONEREALTY

    3 in this area

    3 Total Sales

    BHAKTHI ASRANI
    Section Image
  • Neelam Makker

    Seller's Agent in 2016

    Neelam Makker

    RE/MAX

    5 in this area

    28 Total Sales

    Neelam Makker
    Section Image

  • M

    Buyer's Agent in 2016

    MAHESH SWALI

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2502676R

All Jersey MLS

APN: 05-00427-0000-00026-0000-C1202

New Jersey Middlesex County Edison 08820

1202 Timber Oaks Rd, Edison, NJ

This home is located at 1202 Timber Oaks Rd, Edison, NJ 08820 since 24 August 2024 and is currently estimated at $557,111, approximately $457 per square foot. This property was built in 1986. 1202 Timber Oaks Rd is a home located in Middlesex County with nearby schools including James Madison Primary School, James Madison Intermediate School, and John Adams Middle School.

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