NOT LISTED FOR SALE

341 Plainfield Ave Edison, NJ 08817

Estimated Value: $497,134 - $709,000

Studio
-- Bath
1,344 Sq Ft
$440/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $405,000 $301 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,693/month

38 Days on Market

Highlights

  • Property is near public transit and shops
  • Private Yard
  • Patio
  • Washington Elementary School Rated A-
  • Air Conditioning
  • 3-minute walk to Stelton Park

About This Home

As of June 2021

Rare Opportunity to own a 2 family home in Edison just 1 and a half blocks from the Edison Train Station. First floor features a kitchen, full bath, formal living room, 2 bedrooms & access to full walk out basement with laundry and a ton of storage plus huge fenced backyard. Second floor features Kitchen, 2 bedrooms, full bath and huge living room/family room on the 3rd floor. Upgrades include 2 newer gas boilers, 2 hotwater heaters. separate panels and meters. Driveway fits approximately 8 cars. Water, Electric and snow removal responsibility of tenants.

Last Agent to Sell the Property

Edgar Dillon

EXP REALTY, LLC Listed on: 03/31/2021

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,779

Lot Details

  • 9,087 Sq Ft Lot
  • Fenced
  • Private Yard

Parking

  • Paved Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Patio
  • Shed

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Baseboard Heater
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Property is near public transit and shops

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

$7,779

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2086
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Accessibility Features: Unit 1 Accessibility Features, Unit 2 Accessibility Features
  • Has Basement: Full, Exterior Entry, Storage Space, Tenant Use, Utility Room, Laundry Facilities
  • Flooring: Unit 1 Carpet, Unit 2 Carpet
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1344
  • Stories: 3

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Exterior Features: Patio, Fencing/Wall, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
  • Heating: Zoned, Baseboard Electric, Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 9087
  • Zoning: RB

Rental Info

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

Tax Info

  • Tax Annual Amount: 7779
  • Tax Year: 2020

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

Listed on
Mar 31, 2021
Closed on
Jun 21, 2021
Sold by
Mehta Anil and Shah Dhruman
Bought by
Loo Joseph J and Vera Graciela A
Seller's Agent
Edgar Dillon
EXP REALTY, LLC
List Price
$405,000
Sold Price
$405,000
Current Estimated Value
$580,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,120
Avg. Annual Appreciation
8.58%
Original Mortgage
$397,664
Outstanding Balance
$360,204
Interest Rate
2.93%
Estimated Equity
$231,330

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 21, 2021
Sold by
Mehta Anil and Shah Dhruman
Bought by
Vera Graciela A and Loo Joseph J
Seller's Agent
Edgar Dillon
EXP REALTY, LLC
List Price
$405,000
Sold Price
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Outstanding Balance
$360,204
Interest Rate
2.93%
Estimated Equity
$231,330

Purchase Details

Closed on
Jan 22, 2019
Sold by
341 Plainfield Ave Llc
Bought by
Mehta Anil and Shah Dhruman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2016
Sold by
Gundhi Zafr and Mehta Anil
Bought by
Ave 341 Plainfield

Purchase Details

Closed on
Sep 10, 2013
Sold by
Kumor Dariusz
Bought by
Kumor Dariusz and Kumor Irena

Purchase Details

Closed on
Jun 27, 1995
Sold by
Duffy Patrick
Bought by
Kuras Aniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.8%
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

Date Buyer Sale Price Title Company
Loo Joseph J $405,000 --
Vera Graciela A $405,000 Title Guarantee Inc
Vera Graciela A $405,000 Title Guarantee Inc
Vera Graciela A $405,000 Title Guarantee
Mehta Anil -- Primetime Title Agency Llc
Ave 341 Plainfield $175,327 None Available
Kumor Dariusz -- None Available
Kuras Aniela $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loo Joseph J $397,664
Closed Loo Joseph J --
Closed Vera Graciela A $397,664
Previous Owner Mehta Anil $252,000
Previous Owner Kuras Aniela $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $405,000 0.0% $301 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $405,000 -- $301 / 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 $7,917 $133,000 $77,600 $55,400
2024 $7,875 $133,000 $77,600 $55,400
Source: Public Records

Agents Affiliated with this Home

  • Edgar Dillon

    Seller's Agent in 2021

    Edgar Dillon

    EXP REALTY, LLC

    (732) 887-3181

    38 in this area

    116 Total Sales

    Edgar Dillon
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Map

Source: All Jersey MLS

MLS Number: 2114548R

All Jersey MLS

APN: 05-00104-03-00015

New Jersey Middlesex County Edison 08817

341 Plainfield Ave, Edison, NJ

Not Listed for Sale

MultiFamily

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