NOT LISTED FOR SALE

196 Plainfield Ave Edison, NJ 08817

Edison Area

Estimated Value: $552,286

Studio
-- Bath
-- Sq Ft
5,998 Sq Ft Lot

Sale Details

Date Sold: July 22, 2025

Last sale price $538,000

Est. 3% increase in value since last sale

Current estimated payment $3,619 / mo

61 Days on Market

Highlights

  • Level Lot
  • Carpet
  • Hot Water Baseboard Heater

About This Home

As of July 2025

Don't miss this two-family home in a great location with amazing potential. This multi-family home features two 2-bedroom units. The second-floor unit is ready for occupancy with recently updated flooring and bathroom. The first-floor unit is currently occupied with a month-month lease. It features spacious rooms throughout and has access to the partially finished basement with laundry hookups. Roof replaced in 2021.

Last Agent to Sell the Property

Vincent Fox

RE/MAX SELECT Listed on: 04/05/2025

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,395

Year Built

  • Built in 1952

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 100.00 x 60.00
  • Level Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Carpet

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Laundry in Basement
  • Basement Storage

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Natural Gas Connected
  • Water Heater

Community Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water gas), unit 2 owner pays(gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,395

Year Built

Built in 1952

Lot Details

5,998 Sq Ft Lot

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1377
  • Lot Size: 100.00 x 60.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1952
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(From Furnace), Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water,Gas), Unit 2 Owner Pays(Gas)
  • Has Basement: Partially Finished, Recreation Room, Storage Space, Laundry Facilities
  • Basement YN: No
  • Flooring: Unit 1 Carpet
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,Laundry Hookup,1 Bath,Living Room,Den/Family Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Oil
  • Cooling: None
  • Heating: Zoned, Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5998
  • Zoning: RB

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 7395
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2025
Closed on
Jul 21, 2025
Sold by
Bought by
Seller's Agent
Vincent Fox
RE/MAX SELECT
List Price
$499,000
Sold Price
$538,000
Premium/Discount to List
$39,000
7.82%
Views
70
Current Estimated Value
$552,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,286
Avg. Annual Appreciation
4.54%
Original Mortgage
$430,400
Outstanding Balance
$427,048
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$135,389
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$538,000 North Star Title Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $430,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 Sold $538,000 +7.8% --
06/01/2025 06/01/25 Off Market $499,000 -- --
04/05/2025 04/05/25 For Sale $499,000 0.0% --
06/18/2024 06/18/24 Rented $1,700 0.0% --
04/19/2024 04/19/24 Price Changed $1,700 -5.6% --
03/11/2024 03/11/24 For Rent $1,800 -- --
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,433 $124,900 $75,000 $49,900
2025 $7,435 $124,900 $75,000 $49,900
2024 $7,395 $124,900 $75,000 $49,900
2023 $7,395 $124,900 $75,000 $49,900
2022 $7,398 $124,900 $75,000 $49,900
2021 $7,373 $124,900 $75,000 $49,900
2020 $7,305 $124,900 $75,000 $49,900
2019 $7,029 $124,900 $75,000 $49,900
2018 $6,860 $124,900 $75,000 $49,900
2017 $6,715 $124,900 $75,000 $49,900
2016 $6,590 $124,900 $75,000 $49,900
2015 $6,337 $124,900 $75,000 $49,900
2014 $6,153 $124,900 $75,000 $49,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2511260R

All Jersey MLS

APN: 05-00160-09-00004

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