NOT LISTED FOR SALE

2 Malibu Dr Edison, NJ 08820

Estimated Value: $760,382 - $897,000

3 Beds
2 Baths
1,792 Sq Ft
$467/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $550,000 $307 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,437/month

26 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Attached Garage
  • James Madison Primary School Rated A-
  • Circular Driveway
  • Sliding Doors

About This Home

As of October 2021

Beautiful large North Facing ranch with circular driveway located in the prime location of North Edison. This house features 3 bedrooms and 2 full baths, hardwood floors, large bedrooms, finished basement and one car garage. Large fully fenced backyard, current owner uses it to grow flowers and vegetables. The house is a few minutes away from North Edison library, Metropark train station and JP Stevens HS, easy access to major highways. No showings until 8/4.

Last Agent to Sell the Property

Fei Yen

Keller Williams Realty West Monmouth License #1538472 Listed on: 08/04/2021

Keller Williams Realty West Monmouth

Last Buyer's Agent

PRAJISHA PREM

Better Homes and Gardens Real Estate Maturo License #1754510

Better Homes and Gardens Real Estate Maturo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,809

Year Built

  • Built in 1966

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100 x 151
  • Fenced

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Sliding Doors
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Edison High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-00546-K-00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,809

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Sliding Door
  • New Construction: No
  • Year Built: 1966
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.35
  • General Property Info Lot Dimensions: 100 x 151
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Style Ranch: Yes
  • Parking Circular Driveway: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Basement Finished: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.35
  • Waterfront: No
  • Exterior Features: Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Circular Driveway
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 100 x 151
  • Lot Size Sq Ft: 15246.0
  • Parcel #: 05-00546-K-00028

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12809.0

MLS Schools

  • High School: Edison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 29, 2021
Sold by
Sun Lel and Sun Jianzhong
Bought by
Parnati Pramod K and Manjula Potuia
Seller's Agent
Fei Yen
Keller Williams Realty West Monmouth
Buyer's Agent
PRAJISHA PREM
Better Homes and Gardens Real Estate Maturo
List Price
$569,000
Sold Price
$550,000
Premium/Discount to List
-$19,000
-3.34%
Current Estimated Value
$837,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,096
Avg. Annual Appreciation
10.36%
Original Mortgage
$440,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2010
Sold by
Sun Lei and Sun Jian Zhong
Bought by
Sun Lei and Sun Jianzhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Wang Mei Jen and Su Chingteh
Bought by
Sun Lei and Sun Jian Zhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1999
Sold by
Alfonso Linda
Bought by
Wang Mei Jen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.1%
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
Parnati Pramod K $550,000 North East Title Agency Llc
Sun Lei -- None Available
Sun Lei $425,000 Multiple
Wang Mei Jen $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parnati Pramod K $440,000
Previous Owner Sun Lei $321,000
Previous Owner Sun Lei $340,000
Previous Owner Wang Mei Jen $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $550,000 -3.3% $307 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $569,000 -- $318 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $13,037 $219,000 $117,700 $101,300
2024 $12,967 $219,000 $117,700 $101,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22124744

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 05-00546-11-00028