NOT LISTED FOR SALE

1702 Timber Oaks Rd Edison, NJ 08820

Estimated Value: $533,000 - $550,613

2 Beds
2.5 Baths
1,218 Sq Ft
1,525 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $450,000 $369 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,553/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Granite Countertops
  • James Madison Primary School Rated A-
  • Attic
  • Cul-De-Sac

About This Home

As of May 2023

Welcome to this stunning 2 bedroom/2.1 bathroom townhouse in the desirable Oaks Community. Situated on a quiet cul-de-sac in a picturesque park-like setting, this home features an open-concept floor plan, hardwood floors (2013) throughout, and large windows with natural light. A renovated eat-in kitchen, complete with upgraded cabinets, granite countertops, stainless steel appliances, and a convenient wall pass-through to the formal dining area. Entertain guests in the spacious sunken living room with a wood-burning fireplace and sliders that lead out to a serene concrete patio. The 2nd floor features a full-size laundry, and Double Master Bedroom setup -each with its own full bath and wlk-in closets. Windows and sliding door (2010), HVAC system (2012), and water heater (2020). highly rated North Edison school district. Close to shopping, parks, schools, major highways, and the Loop Bus to Metro Park Train Station, great location for commuters. A must-see!

Last Agent to Sell the Property

Shannon Shen

QUEENSTON REALTY Listed on: 04/14/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,649

Year Built

  • Built in 1982

Lot Details

  • Cul-De-Sac

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,218 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Additional Parking
  • Open Parking
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, snow removal, trash, ground maintenance
  • The Oaks Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $278

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,649

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: The Oaks
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Washer, Kitchen Exhaust Fan, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Kitchen, Living Room, Dining Room, Utility Room, 2 Bedrooms, Bath Main, Attic
  • Living Area: 1218
  • Stories: 2

Exterior Features

  • Lot Features: Cul-De-Sac
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Additional Parking, Unassigned, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, Snow Removal, Trash, Maintenance Grounds

Multi Family

  • Maintenance Expense: 278

Tax Info

  • Tax Annual Amount: 7649
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 21, 2023
Sold by
Xu Xiaoming and Xu Wenying
Bought by
1702 Timber Oaks Llc
Seller's Agent
Shannon Shen
QUEENSTON REALTY
List Price
$419,900
Sold Price
$450,000
Premium/Discount to List
$30,100
7.17%
Views
65
Current Estimated Value
$544,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,153
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Aug 28, 2003
Sold by
Shih Willard C
Bought by
Xiaoming Xu and Wenying Guo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
5.62%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Diment Marc
Bought by
Willard Shih and Eunhee Shih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
8.5%

Purchase Details

Closed on
May 12, 1995
Sold by
Lee Judith
Bought by
Diament Marc and Diament Lis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.34%

Purchase Details

Closed on
Dec 30, 1993
Sold by
Farbstein Barry
Bought by
Lee Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7%
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
1702 Timber Oaks Llc $450,000 None Listed On Document
1702 Timber Oaks Llc $450,000 None Listed On Document
Xiaoming Xu $248,500 --
Willard Shih $174,000 --
Diament Marc $145,000 --
Lee Judith $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xiaoming Xu $198,800
Previous Owner Willard Shih $139,200
Previous Owner Diament Marc $138,000
Previous Owner Lee Judith $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $450,000 +7.2% $369 / Sq Ft
04/14/2023 04/14/23 For Sale $419,900 -- $345 / 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 $8,013 $134,600 $65,000 $69,600
2024 $7,970 $134,600 $65,000 $69,600
2023 $7,970 $134,600 $65,000 $69,600
2022 $7,972 $134,600 $65,000 $69,600
2021 $7,577 $134,600 $65,000 $69,600
2020 $7,873 $134,600 $65,000 $69,600
2019 $7,279 $134,600 $65,000 $69,600
2018 $7,392 $134,600 $65,000 $69,600
2017 $7,236 $134,600 $65,000 $69,600
2016 $6,805 $134,600 $65,000 $69,600
2015 $6,547 $134,600 $65,000 $69,600
2014 $6,361 $134,600 $65,000 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2310916R

All Jersey MLS

APN: 05-00427-0000-00026-0000-C1702