NOT LISTED FOR SALE

132 Highland Ave Edison, NJ 08817

Estimated Value: $462,000 - $639,000

-- Bed
-- Bath
-- Sq Ft
5,998 Sq Ft Lot

Last Sold December 07, 2022

Last sale price $355,000

Est. 50% increase in value since last sale

Current estimated payment $3,494/month

97 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Baseboard Heating
  • John Marshall Elementary School Rated A-
  • Accessibility Features

About This Home

As of December 2022

Want to own an investment property!! At this price this is a great value!! Want long term tenants (Both leases signed till april 2023)? Both tenants are excellent so this is a headache free investment. Rents are below market!! Newer roof, new furnace and new hot water heaters! Opportunities like this don't come by often so don't wait !! See it today !! Owners want all offers known!!

Last Agent to Sell the Property

Alka Aneja

ON TRACK REALTY Listed on: 09/01/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,865

Year Built

  • Built in 1930

Lot Details

  • 5,998 Sq Ft Lot
  • Private Yard

Parking

  • Paved Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Blinds

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Accessible Home Design

  • Accessibility Features

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water)

Community Details

Overview

  • Highland Park, South Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,865

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1377
  • Lot Size: 0.00 x 0.00
  • Ownership: Sole Proprietorship
  • Subdivision Name: Highland park, south
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1930
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Washer), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Accessibility Features: Unit 1 Accessibility Features, Unit 2 Accessibility Features
  • Has Basement: Full, Tenant Use, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Exterior Features: Curbs, Sidewalk, Yard, Blinds
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 5998
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 7865
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Nov 30, 2022
Sold by
Mloukhiyeh Jalil
Bought by
Shao Changbin and Lin Rong Mei
Seller's Agent
Alka Aneja
ON TRACK REALTY
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Views
52
Current Estimated Value
$531,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,579
Avg. Annual Appreciation
12.11%
Original Mortgage
$213,000
Outstanding Balance
$208,179
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$279,591

Purchase Details

Closed on
May 26, 1988
Bought by
Mloukhiyeh Jalil
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
Shao Changbin $355,000 Title Authority
Mloukhiyeh Jalil $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shao Changbin $213,000
Previous Owner Mloukhiyeh Jalil $170,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $355,000 +1.4% --
09/01/2022 09/01/22 For Sale $350,000 -- --
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 $7,941 $133,400 $67,000 $66,400
2024 $7,899 $133,400 $67,000 $66,400
2023 $7,899 $133,400 $67,000 $66,400
2022 $7,901 $133,400 $67,000 $66,400
2021 $7,875 $133,400 $67,000 $66,400
2020 $7,803 $133,400 $67,000 $66,400
2019 $7,508 $133,400 $67,000 $66,400
2018 $7,326 $133,400 $67,000 $66,400
2017 $7,172 $133,400 $67,000 $66,400
2016 $7,038 $133,400 $67,000 $66,400
2015 $6,769 $133,400 $67,000 $66,400
2014 $6,571 $133,400 $67,000 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2303054R

All Jersey MLS

APN: 05-00061-0000-00034-01