NOT LISTED FOR SALE

22 Sine Rd Edison, NJ 08817

Estimated Value: $552,000 - $686,698

7 Beds
3 Baths
2,200 Sq Ft
$283/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $535,000 $243 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,164/month

10 Days on Market

Highlights

  • Wooded Lot
  • Private Yard
  • 2 Car Attached Garage
  • Benjamin Franklin Elementary School Rated A-

About This Home

As of June 2024

Multifamily Investor special property . Fantastic location right next to Middlesex County College and a 12 min drive to Rutgers University . This Property needs TLC and has 5bd rooms on for the First unit and 2 bd rooms for the second unit . Spacious with a lot of potential . Properties like this don't come around often ! Buyer is responsible for C/O. Highest and best offer by Friday at 5pm.

Last Agent to Sell the Property

Jack Yao

REALMART REALTY LLC Listed on: 04/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1954

Lot Details

  • 5,807 Sq Ft Lot
  • Lot Dimensions are 88.00 x 66.00
  • Wooded Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Natural Gas Connected
  • Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,295

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1333
  • Lot Size: 88.00 x 66.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1954
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Interior Entry
  • Interior Amenities: Unit 1(Kitchen,5+ Bedrooms,Living Room,2+ Baths), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks)
  • Living Area: 2200
  • Stories: 2

Exterior Features

  • Lot Features: Wooded
  • Exterior Features: Yard
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Built-In Garage, 3-4 Car Parking

Utilities

  • Cooling: See Remarks,Separate Control
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5807
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 5295
  • Tax Year: 2022

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2025
Sold by
Fusion Solar Energy Llc
Bought by
Sine 22 Llc
Current Estimated Value
$623,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2022
Sold by
Mao Properties Llc
Bought by
22 Sine Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 2021
Sold by
Miriam Odumuko
Bought by
Mao Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 31, 1997
Sold by
Toth Louis
Bought by
Odumuko Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Sine 22 Llc -- Old Republic Title
Sine 22 Llc -- Old Republic Title
22 Sine Llc -- Counsellors Title
Mao Properties Llc $300,000 Counsellors Title
Odumuko Miriam $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sine 22 Llc $600,000
Previous Owner 22 Sine Llc $240,000
Previous Owner Mao Properties Llc $125,000
Previous Owner Odumuko Miriam $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $535,000 +7.0% $243 / Sq Ft
04/12/2024 04/12/24 For Sale $499,999 -- $227 / 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 $10,608 $178,200 $81,000 $97,200
2024 $10,551 $178,200 $81,000 $97,200
2023 $10,551 $178,200 $81,000 $97,200
2022 $10,555 $178,200 $81,000 $97,200
2021 $10,519 $178,200 $81,000 $97,200
2020 $10,423 $178,200 $81,000 $97,200
2019 $9,837 $178,200 $81,000 $97,200
2018 $9,665 $178,200 $81,000 $97,200
2017 $9,576 $178,200 $81,000 $97,200
2016 $9,402 $178,200 $81,000 $97,200
2015 $9,042 $178,200 $81,000 $97,200
2014 $8,778 $178,200 $81,000 $97,200
Source: Public Records

Agents Affiliated with this Home

  • Jack Yao

    Seller's Agent in 2024

    Jack Yao

    REALMART REALTY LLC

    (732) 727-2285

    32 in this area

    229 Total Sales

    Jack Yao
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Map

Source: All Jersey MLS

MLS Number: 2410532R

All Jersey MLS

APN: 05-00267-03-00004-01

New Jersey Middlesex County Edison 08817

22 Sine Rd, Edison, NJ

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