NOT LISTED FOR SALE

18 Tower Rd Edison, NJ 08820

Estimated Value: $1,062,669 - $1,114,000

4 Beds
2.5 Baths
2,384 Sq Ft
$453/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $980,000 $411 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,372/month

43 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Wood Flooring
  • Menlo Park Elementary School Rated A
  • Property is near public transit
  • <<bathWithWhirlpoolToken>>

About This Home

As of July 2023

Fantastic opportunity to own in one of the BEST locations in North Edison's Tower section close to top-notch North Edison schools on a quiet cul-de-sac. Located a few short blocks to Metropark train station, this 4 Bedroom, 2 Full and 1 Half Bathroom custom colonial features thoughtful on-trend updates throughout, a finished lower level and fenced-in yard. Perched gracefully on level, private property, this home provides a functional and airy open floor plan painted with modern gray hues and sleek hardwood floors. Double height entry Foyer flows seamlessly to the elegant open concept Living and Dining Rooms. Fantastic Chef's eat-in Kitchen features custom wood cabinetry, granite countertops, center island and easy access to both the paver patio and attached garage. Family Room with vaulted ceiling, gas fireplace and skylights is completely open to the Kitchen. Updated Powder Room completes the first level. Stunning 2nd level Primary Suite with crown moldings and hardwood floors enjoys an oversized walk-in closet and luxe Bathroom with a double vanity, stone floors, jetted soaking tub with a window and glass-enclosed shower. 3 additional Bedrooms on this level have large closets. Updated 2nd Full Hall Bathroom rounds out level 2. Finished Lower Level Recreation Room with wall-to-wall carpeting, a gym area and Laundry Room. The fenced-in private rear yard is ideal for small or large gatherings with an oversized paver patio accessed by the Kitchen / Family Room.

Last Agent to Sell the Property

Simon Westfall-Kwong

EXP REALTY, LLC Listed on: 06/01/2023

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,928

Year Built

  • Built in 2000

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 150.00 x 75.00
  • Cul-De-Sac
  • Fenced
  • Property is zoned RB

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,384 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Finished Basement
  • Recreation or Family Area in Basement
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • <<bathWithWhirlpoolToken>>
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Tower Section Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,928

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2583
  • Lot Size: 150.00 x 75.00
  • Ownership: Fee Simple
  • Subdivision Name: Tower Section
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Jacuzzi-Type, Stall Shower, Two Sinks
  • Room Bedroom4 Area: 90
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Bedroom3 Area: 110
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Island, Pantry, Eat-in Kitchen, Separate Dining Area
  • Room Bedroom2 Area: 182
  • Room Living Room Area: 208
  • Room Kitchen Area: 112
  • Master Bedroom Master Bedroom Width: 17
  • Room Master Bedroom Area: 340
  • Room Dining Room Area: 165
  • Room Family Room Area: 252
  • Spa Features: Private, Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Finished, Recreation Room, Interior Entry, Utility Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Entrance Foyer, Kitchen, Living Room, Dining Room, Family Room, 4 Bedrooms, Bath Main, Bath Second, Attic
  • Living Area: 2384
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Train, Cul-De-Sac
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

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

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

Lot Info

  • Lot Size Sq Ft: 11252
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 16928
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 10, 2023
Sold by
Quan Chengzhang and Quan Yuanjia
Bought by
Jain Amit and Jain Sweety Amit
Seller's Agent
Simon Westfall-Kwong
EXP REALTY, LLC
List Price
$879,000
Sold Price
$980,000
Premium/Discount to List
$101,000
11.49%
Views
149
Current Estimated Value
$1,079,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,417
Avg. Annual Appreciation
5.04%
Original Mortgage
$765,000
Outstanding Balance
$750,471
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$329,677

Purchase Details

Closed on
Nov 30, 2017
Sold by
Su Yifan and Zhou Tina F
Bought by
Quan Chengzhang and Yin Yuanjia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 1999
Sold by
Lorcheim Waltwer
Bought by
Fox Steven and Foxx Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.49%
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
Jain Amit $980,000 Old Republic Title
Quan Chengzhang $720,000 First Integrity Title Agency
Fox Steven $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Amit $765,000
Previous Owner Yin Yuanjia $404,161
Previous Owner Quan Chengzhang $424,000
Previous Owner Fox Steven $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $980,000 +11.5% $411 / Sq Ft
06/01/2023 06/01/23 For Sale $879,000 -- $369 / 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 $16,922 $290,000 $93,900 $196,100
2023 $16,922 $285,800 $93,900 $191,900
2022 $16,928 $285,800 $93,900 $191,900
2021 $16,871 $285,800 $93,900 $191,900
2020 $16,716 $285,800 $93,900 $191,900
2019 $15,754 $285,800 $93,900 $191,900
2018 $14,635 $285,800 $93,900 $191,900
2017 $14,635 $272,700 $93,900 $178,800
2016 $14,388 $272,700 $93,900 $178,800
2015 $13,837 $272,700 $93,900 $178,800
2014 $13,433 $272,700 $93,900 $178,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2312616R

All Jersey MLS

APN: 05-00648-0000-00016-01