NOT LISTED FOR SALE

283 Central Ave Edison, NJ 08817

Estimated Value: $758,000 - $1,060,000

-- Bed
-- Bath
2,925 Sq Ft
$292/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $500,000 $171 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,664/month

284 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Accessibility Features
  • Washington Elementary School Rated A-
  • 3 Car Detached Garage
  • 4-minute walk to Papaianni Park

About This Home

As of April 2022

Amazing opportunity to own a two family home. The property is within short distance to the train station, major highways and shopping. This well kept property boast a large lot, double driveway, 3 detach garage, apartments with front and back entrance. two one bedroom on the first level, living room, bath, kitchen and spacious deck. The apartment upstairs boast a two bedroom, living room, formal dining, eat in kitchen, large, inside entrance attic that could be well finished to accommodate additional room, or storage Property Sold as is. Township has it registered as a legal 2.

Last Agent to Sell the Property

Carmen Almanzar

FOX & FOXX REALTY, LLC Listed on: 05/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,680

Year Built

  • Built in 1912

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Private Yard

Parking

  • 3 Car Detached Garage

Home Design

  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,925 Sq Ft Home
  • 2-Story Property

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Hot Water Baseboard Heater
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Shed

Community Details

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

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,680

Year Built

Built in 1912

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3444
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1912
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Fuel,Water), Unit 2 Owner Pays(Electric,See Remarks,Water)
  • Accessibility Features: Unit 2 Accessibility Features, Unit 3 Accessibility Features
  • Has Basement: Slab
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths,See Remarks), Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks)
  • Living Area: 2925
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, See Remarks, Level
  • Exterior Features: Sidewalk, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage, Detached, 3-4 Car Parking, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: See Remarks
  • Heating: Baseboard Hotwater, See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 15002
  • Zoning: RB

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 10680
  • Tax Year: 2020

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2025
Sold by
George Jinju A and Nariyelil Jinju Annie
Bought by
Nariyelil Family Revocable Living Trust
Current Estimated Value
$853,079

Purchase Details

Closed on
Nov 1, 2008
Sold by
Yun Byung Kil and Yun Myung Ja
Bought by
Yunco Llc
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
Nariyelil Family Revocable Living Trust -- Fidelity National Title
Nariyelil Family Revocable Living Trust -- Fidelity National Title
Yunco Llc -- Stewart Title Guaranty Co
Yunco Llc -- Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Jinju Annie $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2022 06/26/22 Off Market $500,000 -- --
04/05/2022 04/05/22 Sold $500,000 0.0% $171 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
05/26/2021 05/26/21 For Sale $500,000 -- $171 / 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
2024 $12,180 $205,700 $88,100 $117,600
2023 $12,180 $205,700 $88,100 $117,600
2022 $12,184 $205,700 $88,100 $117,600
2021 $10,779 $182,600 $88,100 $94,500
2020 $10,680 $182,600 $88,100 $94,500
2019 $10,080 $182,600 $88,100 $94,500
2018 $9,903 $182,600 $88,100 $94,500
2017 $9,812 $182,600 $88,100 $94,500
2016 $9,634 $182,600 $88,100 $94,500
2015 $9,265 $182,600 $88,100 $94,500
2014 $8,995 $182,600 $88,100 $94,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2117799R

All Jersey MLS

APN: 05-00100-0000-00017-04