NOT LISTED FOR SALE

1406 Edison Glen Terrace Unit 1406 Edison, NJ 08837

Estimated Value: $342,000 - $438,000

2 Beds
2 Baths
1,200 Sq Ft
348 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $335,000 $279 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,405/month

57 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Wood Flooring
  • Benjamin Franklin Elementary School Rated A-
  • Contemporary Architecture
  • Eat-In Kitchen

About This Home

As of November 2023

This delightful 2-bedroom, 2-bath condo in the sought-after Edison Glen community offers approximately 1,200 square feet of well-designed living space, with a host of upgrades and features that make it the perfect place to call home. Updates include new furnace, new kitchen counters, stainless steel appliances, updated bathrooms and fresh paint throughout. Enjoy a private terrace with tranquil wooded views and a babbling brook while bathed in abundant natural light. Top-floor privacy and hardwood floors throughout add to the appeal. Conveniently located near shopping, dining options, and major highways, ensuring easy access to all your daily needs. Bus to Metuchen NJ Transit train station right outside the building! Easy access to Rt 1 and 287

Last Agent to Sell the Property

Jennifer Winn

REDFIN CORPORATION Listed on: 09/21/2023

REDFIN CORPORATION

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,620

Year Built

  • Built in 1987

Lot Details

  • 348

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Unit is on the top floor
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Northwest Facing Home

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, snow removal, trash
  • Edison Glen Condo Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $290

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,620

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Edison Glen Condo
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Top Floor
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Eat-in Kitchen
  • Room Bedroom2 Area: 154
  • Room Living Room Area: 315
  • Room Kitchen Area: 210
  • Master Bedroom Master Bedroom Width: 15
  • Room Master Bedroom Area: 315
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, See Remarks, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: 2 Bedrooms, Bath Second, Bath Full, Kitchen, Laundry Room, Living Room, None
  • Living Area: 1200
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, See Remarks
  • Pool Features: Outdoor Pool, In Ground
  • Direction Faces: Northwest
  • Roof: Asphalt

Garage/Parking

  • Parking Features: None, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard Hotwater, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Zoning: LR

Multi Family

  • Maintenance Expense: 290

Tax Info

  • Tax Annual Amount: 4620
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 14, 2023
Sold by
Lobo Pallavi and Lobo Jason
Bought by
Shah Malav and Patel Gayatri Arvind
Seller's Agent
Jennifer Winn
REDFIN CORPORATION
List Price
$330,000
Sold Price
$335,000
Premium/Discount to List
$5,000
1.52%
Views
221
Current Estimated Value
$378,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,610
Avg. Annual Appreciation
6.92%
Original Mortgage
$229,500
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2009
Sold by
Gordon Kelly Elaine
Bought by
Shingte Pallavi
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shah Malav $335,000 All Jersey Title
Shah Malav $335,000 All Jersey Title
Shah Malav $335,000 All Jersey Title
Shah Malav $335,000 All Jersey Title
Shingte Pallavi $237,000 None Available
Shingte Pallavi $237,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Malav $229,500
Previous Owner Shingte Pallavi $223,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $335,000 +1.5% $279 / Sq Ft
09/21/2023 09/21/23 For Sale $330,000 -- $275 / Sq Ft
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 $4,643 $78,000 $20,000 $58,000
2024 $4,618 $78,000 $20,000 $58,000
2023 $4,618 $78,000 $20,000 $58,000
2022 $4,620 $78,000 $20,000 $58,000
2021 $4,433 $78,000 $20,000 $58,000
2020 $4,562 $78,000 $20,000 $58,000
2019 $4,132 $78,000 $20,000 $58,000
2018 $4,057 $78,000 $20,000 $58,000
2017 $4,018 $78,000 $20,000 $58,000
2016 $3,944 $78,000 $20,000 $58,000
2015 $3,794 $78,000 $20,000 $58,000
2014 $3,686 $78,000 $20,000 $58,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2353143M

All Jersey MLS

APN: 05-00199-0000-00017-27-C1406