NOT LISTED FOR SALE

2 Pace Dr Edison, NJ 08820

Estimated Value: $796,283 - $895,000

3 Beds
2.5 Baths
1,968 Sq Ft
$423/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $530,000 $269 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,434/month

22 Days on Market

Highlights

  • Indoor Pool
  • RV Access or Parking
  • End Unit
  • James Madison Primary School Rated A-
  • Wood Flooring
  • 2-minute walk to North Edison Park

About This Home

As of December 2020

This charming split level home is on a rare Corner lot, located in an ideal commuter location. Walk into a bright, open floor plan with soaring vaulted ceilings and original hardwood floors. Living room opens to sunken dining room, creating a functional entertaining space. Dining room connects to Kitchen with double ovens and double dishwashers. Attached garage entrance has a spacious mud/laundry room; a convenient drop station for shoes, coats & laundry. Top floor has two bathrooms and three spacious bedrooms with hardwood floors. Large unfinished basement. Enjoy summers in your beautiful backyard oasis, complete with in-ground swimming pool and new shed. Home features 1 yr old Water Heater, 2-yr old Roof, 2-yr old A/C Furnace, new gutters & new gas grill. You'll love living here!

Last Agent to Sell the Property

Emily Demaio

Compass New Jersey LLC License #1865778 Listed on: 10/15/2020

Compass New Jersey LLC

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,308

Year Built

  • Built in 1968

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 103 x 160
  • Corner Lot
  • Oversized Lot

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Double-Wide Driveway
  • RV Access or Parking

Home Design

  • Split Level Home
  • Slab Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Sunken Dining Area
  • Unfinished Basement
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Stove
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • Indoor Pool
  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool

Outdoor Features

  • Patio
  • Shed
  • Outdoor Gas Grill

Schools

  • Edison High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 05-00546-Y-00003

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,308

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Oversized
  • ResoPoolFeatures: Covered, In Ground, Vinyl
  • Reso Association Amenities: Swimming, Pool
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Double Oven, Light Fixtures, Stove, Refrigerator, Freezer, Garage Door Opener, Gas Grill
  • Subdivision Name: None
  • Architectural Style: End Unit, Split Level
  • Reso Flooring: Cement
  • Reso Interior Features: Attic - Other
  • New Construction: No
  • Year Built: 1968
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Common Elements Pool4: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.36
  • General Property Info Lot Dimensions: 103 x 160
  • General Property Info Farm: No
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Rooms Garage4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Pool Vinyl2: Yes
  • Basement Workshop Workbench: Yes
  • Siding Shingle: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included Double Oven: Yes
  • Kitchen Eat-In: Yes
  • Parking Oversized2: Yes
  • Included Gas Grill: Yes
  • Exterior BBQ: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Pool Covered: Yes
  • Style End Unit: Yes
  • Garage Storage Above: Yes
  • Style Split Level: Yes
  • Dining Room Sunken2: Yes
  • Allowable Recreational Vehicles: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished, Workshop/ Workbench
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Basement3: Yes
  • Appliances Included:Freezer: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.36
  • Waterfront: No
  • Exclusions: None
  • Construction Type: Shingle Siding
  • Exterior Features: BBQ, Patio, Shed, Swimming
  • Foundation Details: Slab
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved, Double Wide Drive, Direct Access, Storage
  • General Property Info:Garage: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Lot Info

  • Lot Dimensions: 103 x 160
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 05-00546-Y-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12308.0

MLS Schools

  • High School: Edison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 28, 2020
Sold by
Black Lynn
Bought by
Jain Nishant Kumar and Jain Garima
Seller's Agent
Emily Demaio
Compass New Jersey LLC
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$831,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,821
Avg. Annual Appreciation
9.34%
Original Mortgage
$424,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2012
Sold by
Valestin Joan
Bought by
Black Lynn and Black William R

Purchase Details

Closed on
Oct 24, 2009
Sold by
Black Lynn and Black William R
Bought by
Valestin Joan

Purchase Details

Closed on
Apr 25, 2009
Sold by
Valestin Joan
Bought by
Black Lynn and Black William R

Purchase Details

Closed on
Oct 13, 2007
Sold by
Valestin Edward and Valestin Joan
Bought by
Valestin Joan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Nishant Kumar $530,000 Providence Abstract Llc
Black Lynn -- None Available
Valestin Joan -- None Available
Black Lynn -- None Available
Valestin Joan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Nishant Kumar $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $530,000 +1.0% $269 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $525,000 -- $267 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $13,019 $218,700 $120,200 $98,500
2024 $12,949 $218,700 $120,200 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22037172

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 05-00546-25-00003