NOT LISTED FOR SALE

16 S Locust Ave Edison, NJ 08817

Estimated Value: $521,000 - $595,000

3 Beds
1.5 Baths
1,333 Sq Ft
$423/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $480,000 $360 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,884/month

46 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Eat-In Country Kitchen
  • Lincoln Elementary School Rated A
  • L-Shaped Dining Room
  • 1 Car Attached Garage

About This Home

As of May 2023

showing start 4/1.pics will be posted friday...bedrooms freshly painted, hardwood floors,family room has new carpeting, basement is finished (refrigerator in basement included).great fenced in yard for outdoor enjoyment..dishwasher is working but seller will offer 500 dollar credit ..conveniently located to shopping, highways and train

Last Listed By

Nancy Steingart

COLDWELL BANKER REALTY Listed on: 04/01/2023

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,623

Year Built

  • Built in 1963

Lot Details

  • 4,935 Sq Ft Lot
  • Lot Dimensions are 105.00 x 79.00
  • Level Lot
  • Property is zoned RB

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Split Level Home
  • Asphalt Roof

Interior Spaces

  • 1,333 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Recreation or Family Area in Basement
  • Basement Storage

Location

  • Property is near public transit
  • Property is near shops

Utilities

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

Community Details

  • Vineyard Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,623

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1133
  • Lot Size: 105.00 x 79.00
  • Ownership: Fee Simple
  • Subdivision Name: vineyard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Multi/Split
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Dining L
  • Room Kitchen Features: Country Kitchen, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Finished, Recreation Room, Storage Space, Utility Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: Entrance Foyer, Family Room, Kitchen, Living Room, Dining Room, 3 Bedrooms
  • Living Area: 1333
  • Stories: 2
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Garage, Attached, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 4935
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 8623
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 16, 2023
Sold by
Heppner Irene
Bought by
Shen Chungsea A and Chen Jen
Seller's Agent
Nancy Steingart
COLDWELL BANKER REALTY
List Price
$470,000
Sold Price
$480,000
Premium/Discount to List
$10,000
2.13%
Total Days on Market
46
Views
112
Current Estimated Value
$564,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,079
Avg. Annual Appreciation
8.23%
Original Mortgage
$330,000
Outstanding Balance
$322,398
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$241,681
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
Shen Chungsea A $480,000 Group 21 Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Chungsea A $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $480,000 +2.1% $360 / Sq Ft
04/01/2023 04/01/23 For Sale $470,000 -- $353 / 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
2024 $8,620 $149,800 $90,300 $59,500
2023 $8,620 $149,800 $90,300 $59,500
2022 $8,623 $149,800 $90,300 $59,500
2021 $8,028 $149,800 $90,300 $59,500
2020 $8,512 $149,800 $90,300 $59,500
2019 $8,181 $149,800 $90,300 $59,500
2018 $7,977 $149,800 $90,300 $59,500
2017 $7,803 $149,800 $90,300 $59,500
2016 $7,903 $149,800 $90,300 $59,500
2015 $7,351 $149,800 $90,300 $59,500
2014 $7,129 $149,800 $90,300 $59,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2310041R

All Jersey MLS

APN: 05-00192-0000-00017