NOT LISTED FOR SALE

26 Mill Rd Edison, NJ 08817

Estimated Value: $524,693 - $665,000

Studio
-- Bath
2,086 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2022

Last sale price $340,000 $163 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,978 / mo

110 Days on Market

Highlights

  • Property is near public transit and shops
  • Corner Lot
  • Accessibility Features
  • Edison High School Rated A-
  • Private Yard
  • Utility Room

About This Home

As of November 2022

Great income producing two family for investor. Both units are enrolled in a moderate affordable housing program. Buyer in all probability WILL NOT qualify to reside in either apartment. Tenants have been remarkably stable with only two turnovers since 2014. Note unit 2 (Upstairs) has been beautifully renovated. See attachments for more specific details.

Last Agent to Sell the Property

Don Weingart

FOX & FOXX REALTY, LLC Listed on: 07/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,908

Year Built

  • Built in 1883

Lot Details

  • 9,326 Sq Ft Lot
  • Lot Dimensions are 106.00 x 88.00
  • Corner Lot
  • Private Yard

Parking

  • Paved Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,086 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Carpet
  • Oven or Range

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • No Cooling
  • Radiant Heating System
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Property is near public transit and shops

Listing and Financial Details

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

Community Details

Overview

  • Raritan Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,908

Year Built

Built in 1883

Lot Details

9,326 Sq Ft Lot

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2141
  • Lot Size: 106.00 x 88.00
  • Ownership: Fee Simple
  • Subdivision Name: Raritan
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1883
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(See Remarks,Water), Unit 2 Owner Pays(See Remarks,Water)
  • Accessibility Features: Unit 1 Accessibility Features
  • Has Basement: Partial, Utility Room, Laundry Facilities
  • Flooring: Unit 2 Carpet
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks)
  • Living Area: 2086
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Corner Lot, Near Public Transit
  • Exterior Features: Curbs, Sidewalk, Yard
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking, Paved

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 9326
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 8908
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Nov 1, 2022
Sold by
Mill Road Llc
Bought by
Stone Jonathan E and Xiao Yunlin
Seller's Agent
Don Weingart
FOX & FOXX REALTY, LLC
List Price
$379,900
Sold Price
$340,000
Premium/Discount to List
-$39,900
-10.5%
Views
56
Current Estimated Value
$595,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,665
Avg. Annual Appreciation
16.89%
Original Mortgage
$255,000
Outstanding Balance
$246,075
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$348,348

Purchase Details

Closed on
May 16, 2014
Sold by
Fox Steven J and Fox Robert C
Bought by
Mill Road Llc

Purchase Details

Closed on
Nov 6, 1997
Sold by
Green Lenore
Bought by
Foxx Robert
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Stone Jonathan E $340,000 --
Mill Road Llc -- None Available
Foxx Robert $80,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Stone Jonathan E $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2022 11/02/22 Sold $340,000 0.0% $163 / Sq Ft
09/16/2022 09/16/22 Price Changed $339,999 -10.5% $163 / Sq Ft
07/15/2022 07/15/22 For Sale $379,900 -- $182 / Sq Ft
Source: All Jersey MLS

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 $8,983 $150,900 $87,600 $63,300
2024 $8,935 $150,900 $87,600 $63,300
2023 $8,935 $150,900 $87,600 $63,300
2022 $8,938 $150,900 $87,600 $63,300
2021 $8,908 $150,900 $87,600 $63,300
2020 $8,826 $150,900 $87,600 $63,300
2019 $8,493 $150,900 $87,600 $63,300
2018 $8,287 $150,900 $87,600 $63,300
2017 $8,109 $150,900 $87,600 $63,300
2016 $7,961 $150,900 $87,600 $63,300
2015 $7,657 $150,900 $87,600 $63,300
2014 $5,896 $119,700 $87,600 $32,100
Source: Public Records

Agents Affiliated with this Home

  • Don Weingart

    Seller's Agent in 2022

    Don Weingart

    FOX & FOXX REALTY, LLC

    (732) 486-3444

    21 in this area

    42 Total Sales

    Don Weingart
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Map

Source: All Jersey MLS

MLS Number: 2300757R

All Jersey MLS

APN: 05-00265-29-00081

New Jersey Middlesex County Edison 08817

26 Mill Rd, Edison, NJ

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