NOT LISTED FOR SALE

2 Colonial Ct Edison, NJ 08820

Estimated Value: $1,580,000 - $1,804,000

5 Beds
4.5 Baths
4,463 Sq Ft
$374/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $1,600,000 $359 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,306/month

95 Days on Market

Highlights

  • Custom Home
  • Deck
  • Cathedral Ceiling
  • Woodbrook Elementary School Rated A
  • Property is near public transit and shops
  • Marble Flooring

About This Home

As of April 2024

Discover the epitome of luxury in this newly constructed home in North Edison Township, crafted by a prestigious local builder. This modern masterpiece features, casement Anderson 400 series windows, illuminating elegant mahogany floors. The versatile layout includes a family room, great room and a ground-floor bedroom with an attached bath with additional space perfect for an office or extra closet. Revel in high-end touches like a remote-operated fireplace with a custom marble mantle, a butler's pantry, and a kitchen boasting white cabinets, upgraded slab countertops with matching backsplash, and a quartz-topped extra-long island. The sophisticated master suite showcases a stunning double tray ceiling, complemented by marble-tiled bathrooms equipped with durable Schluter systems. Enjoy the comfort of upgraded Trane two-zone AC and furnaces, and the beauty of a Trex deck, fully paved driveway, and stone accents on three sides of the house. This home, brimming with luxurious features and designed for a modern lifestyle, awaits your arrival.

Last Agent to Sell the Property

Parijata Sharma

KELLER WILLIAMS ELITE REALTORS Listed on: 11/10/2023

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,000

Year Built

  • Built in 2023

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 168.00 x 118.50
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Paver Block
  • Open Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 4,463 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Library
  • Utility Room
  • Laundry Room
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Utilities

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

Additional Features

  • Doors are 32 inches wide or more
  • Deck
  • Property is near public transit and shops

Community Details

  • North Edison Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,000

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4551
  • Lot Size: 168.00 x 118.50
  • Ownership: Fee Simple
  • Subdivision Name: North Edison
  • Architectural Style: Colonial, Custom Home
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Custom Home
  • Year Built: 2023
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Two Sinks, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar, Kitchen Exhaust Fan, Kitchen Island, Pantry, Eat-in Kitchen
  • Appliances: Dishwasher, Gas Range/Oven, Exhaust Fan, Kitchen Exhaust Fan, Gas Water Heater
  • Accessibility Features: Wide Doorways
  • Has Basement: Full, Utility Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Wood
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s), 1 Bedroom, Entrance Foyer, Kitchen, Laundry Room, Library/Office, Bath Full, Bath Other, Bath Second, Dining Room, Family Room, Great Room, 4 Bedrooms, Bath Half, Bath Main, Bath Third, None
  • Living Area: 4463
  • Stories: 2
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Exterior Features: Deck, Sidewalk, Insulated Pane Windows
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Paver Blocks, Garage, Attached, Built-In Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 19824
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 25000
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Mar 11, 2024
Sold by
Gulberg Builders Llc
Bought by
Sundaram Karthik and Venkataraman Apparna
Seller's Agent
Parijata Sharma
KELLER WILLIAMS ELITE REALTORS
List Price
$1,700,000
Sold Price
$1,600,000
Premium/Discount to List
-$100,000
-5.88%
Views
2123
Current Estimated Value
$1,669,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,281
Avg. Annual Appreciation
2.50%
Original Mortgage
$1,440,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2022
Sold by
Diana Degnan
Bought by
Gulberg Builders Llc
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
Sundaram Karthik $1,600,000 None Listed On Document
Gulberg Builders Llc $576,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sundaram Karthik $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2024 04/18/24 Sold $1,600,000 -3.0% $359 / Sq Ft
12/27/2023 12/27/23 Price Changed $1,650,000 -2.9% $370 / Sq Ft
11/10/2023 11/10/23 For Sale $1,700,000 -- $381 / 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 $30,938 $519,700 $145,100 $374,600
2024 $8,591 $519,700 $145,100 $374,600
2023 $8,591 $145,100 $145,100 $0
2022 $15,234 $257,200 $145,100 $112,100
2021 $14,213 $257,200 $145,100 $112,100
2020 $15,044 $257,200 $145,100 $112,100
2019 $14,475 $257,200 $145,100 $112,100
2018 $14,125 $257,200 $145,100 $112,100
2017 $13,827 $257,200 $145,100 $112,100
2016 $13,570 $257,200 $145,100 $112,100
2015 $13,050 $257,200 $145,100 $112,100
2014 $12,670 $257,200 $145,100 $112,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2405362R

All Jersey MLS

APN: 05-00593-09-00023