NOT LISTED FOR SALE

198 Plainfield Ave Edison, NJ 08817

Estimated Value: $516,000 - $610,847

Studio
-- Bath
748 Sq Ft
$754/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2024

Last sale price $600,000 $802 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,714 / mo

5 Days on Market

Highlights

  • Property is near public transit and shops
  • Private Yard
  • Forced Air Heating and Cooling System
  • Edison High School Rated A-
  • Den
  • Utility Room

About This Home

As of March 2024

This charming 2 family home with unbeatable convenience and ideal location.The first-floor unit boasts two spacious bedrooms and two well-appointed bathrooms, making it an excellent choice for individuals seeking extra space. You'll appreciate the finished basement, complete with a laundry room, den, and ample storage, providing versatility for various needs.The second-floor apartment offers two cozy bedrooms and a well-maintained bathroom.This property also features a large backyard and driveway.Perfect location near shopping centers and transportation.HIGHEST & BEST BY 01/09/04 12 PM

Last Agent to Sell the Property

Sandra Fife

EXP REALTY, LLC Listed on: 01/04/2024

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 1952

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 100.00 x 0.00
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 748 Sq Ft Home
  • 2-Story Property
  • Den
  • Utility Room

Finished Basement

  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement Storage

Location

  • Property is near public transit and shops

Utilities

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

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Community Details

Overview

  • Elizabeth Park Sec 2 Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,600

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 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Elizabeth Park Sec 2
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1952
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Finished, Bath Full, Den, Storage Space, Interior Entry, Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(2 Bedrooms,2+ Baths), Unit 2(2 Bedrooms,1 Bath)
  • Living Area: 748
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Exterior Features: Yard
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5998
  • Zoning: RB

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 7600
  • Tax Year: 2022

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 28, 2024
Sold by
Kengere David
Bought by
Fromsmalltobig Llc
Seller's Agent
Sandra Fife
EXP REALTY, LLC
List Price
$565,000
Sold Price
$600,000
Premium/Discount to List
$35,000
6.19%
Views
76
Current Estimated Value
$563,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,288
Avg. Annual Appreciation
-2.82%

Purchase Details

Listed on
Apr 1, 2023
Closed on
Jun 1, 2023
Sold by
Chavan Sachin and Chavan Nayana
Bought by
Kengere David
Seller's Agent
Neelam Makker
RE/MAX FIRST REALTY, INC.
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%
Views
306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%
Original Mortgage
$432,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2009
Sold by
198 Plainfield Llc
Bought by
Chavan Sachin and Chavan Nayana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2008
Sold by
Gomez Gertrude
Bought by
198 Plainfield Llc

Purchase Details

Closed on
Jun 28, 1995
Sold by
Federico Catherine
Bought by
Gertudris De Spirito
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fromsmalltobig Llc $600,000 Hudson One Title
Fromsmalltobig Llc $600,000 Hudson One Title
Kengere David $540,000 First American Title
Chavan Sachin $262,500 Multiple
198 Plainfield Llc $197,000 None Available
Gertudris De Spirito $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kengere David $432,000
Previous Owner Chavan Sachin $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Sold $600,000 +6.2% $802 / Sq Ft
01/04/2024 01/04/24 For Sale $565,000 +4.6% $755 / Sq Ft
06/08/2023 06/08/23 Sold $540,000 +2.1% $722 / Sq Ft View Prior Sale
04/01/2023 04/01/23 For Sale $529,000 -- $707 / Sq Ft
Source: All Jersey MLS

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 $8,715 $146,400 $75,000 $71,400
2024 $7,585 $146,400 $75,000 $71,400
2023 $7,585 $128,100 $75,000 $53,100
2022 $7,587 $128,100 $75,000 $53,100
2021 $7,562 $128,100 $75,000 $53,100
2020 $7,493 $128,100 $75,000 $53,100
2019 $7,071 $128,100 $75,000 $53,100
2018 $6,948 $128,100 $75,000 $53,100
2017 $6,883 $128,100 $75,000 $53,100
2016 $6,759 $128,100 $75,000 $53,100
2015 $6,500 $128,100 $75,000 $53,100
2014 $6,310 $128,100 $75,000 $53,100
Source: Public Records

Agents Affiliated with this Home

  • Sandra Fife

    Seller's Agent in 2024

    Sandra Fife

    EXP REALTY, LLC

    (908) 494-6511

    1 in this area

    28 Total Sales

    Sandra Fife
    Section Image
  • Neelam Makker

    Seller's Agent in 2023

    Neelam Makker

    RE/MAX

    (908) 327-0707

    27 in this area

    68 Total Sales

    Neelam Makker
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2406854R

All Jersey MLS

APN: 05-00160-09-00003

New Jersey Middlesex County Edison 08817

198 Plainfield Ave, Edison, NJ

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