$700,000
SOLD JUN 16, 2025

16 Stephenville Pkwy Edison, NJ 08820

-- Bed
1 Bath
1,422 Sq Ft
0.46 Acres

Recently Sold

$492 Per Sq Ft

6% Above List Price

About This Home

As of June 2025

Value in Land Just Drive by only

Last Agent to Sell the Property

Jai Lee

RE/MAX WELCOME HOME Listed on: 04/07/2025

RE/MAX WELCOME HOME

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,231

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4591
  • Lot Size: 200.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: North Edison
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1951
  • Special Features: None
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Dining L
  • Master Bedroom Features: 1st Floor
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: See Remarks, Gas Water Heater
  • Has Basement: Slab
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Entrance Foyer, 3 Bedrooms, Kitchen, Laundry Room, Living Room, Bath Full, Attic, None
  • Living Area: 1422
  • Stories: 1

Exterior Features

  • Lot Features: See Remarks
  • Direction Faces: Northeast
  • Exterior Features: Yard
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Garage, Attached, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, See Remarks, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 19998
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 10231
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
Jun 9, 2025
Sold by
Lee Byung S and Lee Hee Y
Bought by
Reddy Swaroopa G and Reddy Jagannadha
Seller's Agent
Jai Lee
RE/MAX WELCOME HOME
List Price
$659,000
Sold Price
$700,000
Premium/Discount to List
$41,000
6.22%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2567.31%
Original Mortgage
$500,000
Outstanding Balance
$499,570
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$381,323
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 Type Sale Price Title Company
Bargain Sale Deed $700,000 American Title
Bargain Sale Deed $700,000 American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $500,000 New Conventional
Previous Owner $370,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $1,995,000 -0.3% $399 / Sq Ft
06/18/2025 06/18/25 For Sale $2,000,000 +185.7% $400 / Sq Ft
06/16/2025 06/16/25 Sold $700,000 +6.2% $492 / Sq Ft
04/07/2025 04/07/25 For Sale $659,000 -- $463 / 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 $10,231 $172,800 $110,000 $62,800
2023 $10,231 $172,800 $110,000 $62,800
2022 $10,235 $172,800 $110,000 $62,800
2021 $9,499 $172,800 $110,000 $62,800
2020 $10,107 $172,800 $110,000 $62,800
2019 $9,725 $172,800 $110,000 $62,800
2018 $9,490 $172,800 $110,000 $62,800
2017 $9,290 $172,800 $110,000 $62,800
2016 $9,117 $172,800 $110,000 $62,800
2015 $8,768 $172,800 $110,000 $62,800
2014 $8,512 $172,800 $110,000 $62,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2511575R

All Jersey MLS

APN: 05-01018-0000-00014