NOT LISTED FOR SALE

24 Elmwood Ave Edison, NJ 08837

Estimated Value: $517,000 - $739,000

3 Beds
2 Baths
-- Sq Ft
7,501 Sq Ft Lot

Last Sold October 05, 2023

Last sale price $350,000

Est. 81% increase in value since last sale

Current estimated payment $4,123/month

94 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Cul-De-Sac
  • Lincoln Elementary School Rated A
  • 1 Car Detached Garage
  • Shades

About This Home

As of October 2023

Great opportunity for a 2-family home in Edison. Bring all your updating ideas and vision. Home features a 2-bedroom unit with kitchen, living room and bath on the first floor. ON the second floor you will find 1bedroom, living room, kitchen and bath. Located 1.2 miles from the Metuchen train station. Close to shopping and entertainment. Home being sold strictly ASIS.

Last Agent to Sell the Property

Joseph G Buono

RE/MAX DIAMOND, REALTORS Listed on: 08/07/2023

RE/MAX DIAMOND, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,771

Year Built

  • Built in 1942

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Cul-De-Sac
  • Northwest Facing Home
  • Private Entrance
  • Level Lot
  • Private Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Shades
  • Blinds
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Radiant Heating System
  • Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit

Community Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(gas water), unit 2 owner pays(gas water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,771

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1722
  • Lot Size: 75X100
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1942
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Gas,Water), Unit 2 Owner Pays(Gas,Water)
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Unit 1 Carpet, Unit 2 Carpet
  • Interior Amenities: Unit 1(1 Bath,2 Bedrooms,Kitchen,Living Room), Unit 2(1 Bath,1 Bedroom,Kitchen,Living Room)
  • Stories: 1
  • Window Features: Blinds, Shades Some

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Near Train
  • Direction Faces: Northwest
  • Exterior Features: Porch(es) - Enclosed, Yard, Blinds, Private Entrance, Shades Some
  • Patio And Porch Features: Enclosed
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached, 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Radiant-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7501
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 7771
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
51 Holly Road Associates Llc
Bought by
Coppola Antonino and Coppola Emerith
Current Estimated Value
$634,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,983
Outstanding Balance
$536,066
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$92,028

Purchase Details

Listed on
Aug 7, 2023
Closed on
Sep 25, 2023
Sold by
William And Patricia Ann Hutnick Trust
Bought by
51 Holly Road Associates Llc
Seller's Agent
Joseph G Buono
RE/MAX DIAMOND, REALTORS
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Views
509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.94%
Original Mortgage
$495,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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
Coppola Antonino $553,000 None Listed On Document
51 Holly Road Associates Llc $350,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coppola Antonino $542,983
Closed Coppola Antonino $542,983
Previous Owner 51 Holly Road Associates Llc $495,000
Previous Owner 51 Holly Road Associates Llc $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $350,000 -10.0% --
08/07/2023 08/07/23 For Sale $389,000 0.0% --
08/04/2023 08/04/23 Off Market $389,000 -- --
07/03/2023 07/03/23 For Sale $389,000 -- --
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
2024 $7,768 $131,200 $80,000 $51,200
2023 $7,768 $131,200 $80,000 $51,200
2022 $7,771 $131,200 $80,000 $51,200
2021 $7,745 $131,200 $80,000 $51,200
2020 $7,674 $131,200 $80,000 $51,200
2019 $7,242 $131,200 $80,000 $51,200
2018 $7,116 $131,200 $80,000 $51,200
2017 $7,050 $131,200 $80,000 $51,200
2016 $6,922 $131,200 $80,000 $51,200
2015 $6,657 $131,200 $80,000 $51,200
2014 $6,463 $131,200 $80,000 $51,200
Source: Public Records

Agents Affiliated with this Home

  • Joseph G Buono

    Seller's Agent in 2023

    Joseph G Buono

    RE/MAX

    (732) 297-1100

    2 in this area

    141 Total Sales

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Map

Source: All Jersey MLS

MLS Number: 2351368M

All Jersey MLS

APN: 05-00692-03-00023-01

New Jersey Middlesex County Edison 08837

24 Elmwood Ave, Edison, NJ

This home is located at 24 Elmwood Ave, Edison, NJ 08837 since 07 August 2023 and is currently estimated at $638,591. This property was built in 1942. 24 Elmwood Ave is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Herbert Hoover Middle School, and Edison High School.

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