NOT LISTED FOR SALE

16 Meyer Rd Edison, NJ 08817

Estimated Value: $652,000 - $740,000

5 Beds
2.5 Baths
1,898 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $475,000 $250 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,629/month

132 Days on Market

Highlights

  • Deck
  • Attic
  • Forced Air Heating and Cooling System
  • Benjamin Franklin Elementary School Rated A-
  • No HOA

About This Home

As of June 2021

*****ALL OFFERS ARE DUE 3/21/2021****** Gorgeous home located on a beautiful and quiet block in Edison, NJ. This home has best the BEST of BOTH WORLDS: QUIET, SUBURBIA feel and oh so CONVENIENT as it is CLOSE to ROUTE 1, OLD POST RD, all shops and restaurants. The main floor features gleaming, NEWER HARDWOOD FLOORS that was done recently. The kitchen was renovated about 3 years ago. The 2nd floor you will find 3 bedrooms and 1 full bath (bathroom was renovated 3 years ago as well.) As you go up another level, you will find a LARGE MASTER BEDROOM with an ENSUITE bathroom. The 1st level, you will find an existing workout room that can be a family room, the laundry room and half bath, and the garage as been converted into a 5th bedroom for guests. This whole wing can be an IN-LAW SUITE. The exterior has a large deck and huge yard for your summer parties. The driveway can easily fit 4 cars at the same time and plenty of parking on the street. This home is completely SOLD AS-IS.

Last Agent to Sell the Property

PARIS LUONG

Tesla Realty Group LLC Listed on: 11/15/2020

Tesla Realty Group LLC

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,955

Year Built

  • Built in 1958

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75.00 x 100.00
  • Property is zoned RB

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,898 Sq Ft Home
  • Property has 2 Levels
  • Attic Fan

Bedrooms and Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 05-00265 S-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,955

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Inclusions: All appliances and things left behind will be in AS-IS condition. Fridge, range/oven, dishwasher, washer, dryer, security system, sprinkler system. Some furniture will be left behind, negotiable.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-11-15
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: *****ALL OFFERS ARE DUE 3/21/2021****** Gorgeous home located on a beautiful and quiet block in Edison, NJ. This home has best the BEST of BOTH WORLDS: QUIET, SUBURBIA feel and oh so CONVENIENT as it is CLOSE to ROUTE 1, OLD POST RD, all shops and restaurants. The main floor features gleaming, NEWER HARDWOOD FLOORS that was done recently. The kitchen was renovated about 3 years ago. The 2nd floor you will find 3 bedrooms and 1 full bath (bathroom was renovated 3 years ago as well.) As you go up another level, you will find a LARGE MASTER BEDROOM with an ENSUITE bathroom. The 1st level, you will find an existing workout room that can be a family room, the laundry room and half bath, and the garage as been converted into a 5th bedroom for guests. This whole wing can be an IN-LAW SUITE. The exterior has a large deck and huge yard for your summer parties. The driveway can easily fit 4 cars at the same time and plenty of parking on the street. This home is completely SOLD AS-IS.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic/House Fan, Attic
  • Levels Count: 2
  • Room Count: 5
  • Basement: No
  • Total Sq Ft: 1898
  • Living Area Sq Ft: 1898
  • Price Per Sq Ft: 250.26
  • Above Grade Finished Sq Ft: 1898
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: EDISON TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397449
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 65600.00
  • Land Assessed Value: 87500.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: RB

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2613188
  • Tax Annual Amount: 8955.00
  • Assessor Parcel Number: 05-00265 S-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 1898
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 06/10/2021

MLS Schools

  • School District Name: EDISON TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2020
Closed on
Jun 24, 2021
Sold by
Le Hoang T and Nguyen Bich L
Bought by
Lin Jianmin and Wang Liaokai
Seller's Agent
PARIS LUONG
Tesla Realty Group LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$465,000
Sold Price
$475,000
Premium/Discount to List
$10,000
2.15%
Current Estimated Value
$688,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,511
Avg. Annual Appreciation
8.53%
Original Mortgage
$250,000
Outstanding Balance
$230,610
Interest Rate
3.02%
Estimated Equity
$433,751

Purchase Details

Listed on
Nov 15, 2020
Closed on
Jun 10, 2021
Sold by
Le Hoang T and Nguyen Bich L
Bought by
Wang Liaokai and Lin Jianmin
Seller's Agent
PARIS LUONG
Tesla Realty Group LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$465,000
Sold Price
$475,000
Premium/Discount to List
$10,000
2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$230,610
Interest Rate
3.02%
Estimated Equity
$433,751

Purchase Details

Closed on
May 4, 2005
Sold by
Suoto David
Bought by
Le Hoang and Nguyen Bich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1998
Sold by
Feder Earl
Bought by
Suoto David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

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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
Lin Jianmin $475,000 --
Wang Liaokai $475,000 None Available
Le Hoang $410,800 --
Suoto David $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Jianmin $250,000
Closed Lin Jianmin --
Closed Wang Liaokai $250,000
Previous Owner Le Hoang $359,650
Previous Owner Suoto David $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $475,000 0.0% $250 / Sq Ft
04/15/2021 04/15/21 Price Changed $475,000 +2.2% $250 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/11/2021 03/11/21 Price Changed $465,000 0.0% $245 / Sq Ft
03/11/2021 03/11/21 For Sale $465,000 -2.1% $245 / Sq Ft
02/10/2021 02/10/21 Off Market $475,000 -- --
11/15/2020 11/15/20 For Sale $459,900 -- $242 / Sq Ft
Source: Bright 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 $9,906 $167,300 $87,500 $79,800
2023 $9,906 $167,300 $87,500 $79,800
2022 $9,909 $167,300 $87,500 $79,800
2021 $8,483 $153,100 $87,500 $65,600
2020 $8,955 $153,100 $87,500 $65,600
2019 $7,896 $153,100 $87,500 $65,600
2018 $8,026 $153,100 $87,500 $65,600
2017 $7,672 $153,100 $87,500 $65,600
2016 $8,078 $153,100 $87,500 $65,600
2015 $7,768 $153,100 $87,500 $65,600
2014 $7,542 $153,100 $87,500 $65,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX125492

Bright MLS

APN: 05-00265-19-00008