NOT LISTED FOR SALE

3903 Park Ave Edison, NJ 08820

Estimated Value: $1,640,350 - $1,851,000

5 Beds
5.5 Baths
-- Sq Ft
0.48 Acres

Last Sold September 01, 2023

Last sale price $1,480,000

Est. 18% increase in value since last sale

Current estimated payment $11,526/month

118 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Contemporary Architecture
  • Wood Flooring
  • Woodbrook Elementary School Rated A
  • Property is near public transit and shops
  • 1 Fireplace

About This Home

As of September 2023

Welcome to this Magnificent Custom-Built New Construction Contemporary beauty with a circular driveway in the heart of North Edison. This luxurious home offers 5 bedrooms and 5.5 bathrooms, with 10 ft ceiling on 1st floor and High ceiling basement, 9 ft ceiling on 2nd floor, 2 car garage, Premium tiles in kitchen/bathroom floors & hardwood floors with top-of-the-line windows, recessed lights throughout. The custom-built doors welcome you into its two-story large entry foyer with high ceilings and iron railings on the beautiful staircase and living room with crown molding and LED lights. Stunning kitchen offers beautiful cabinets, quartz countertops, large center island, Wall oven and Cooktop with exhaust vent hood, Refrigerator and Dishwasher with plenty of storage in pantry and cabinets with large dining area. Overlooking family room meets with electric fireplace, big windows and a large patio door leading to an open Porch to enjoy seasons throughout the year. The ensuite on the 1st floor offers a full attached bath and closet with separate powder room for the guests, perfect for main floor living. Upstairs features a beautiful hallway overlooking the foyer and family room! The master suite is one of a kind with a sitting room, Crown molding ceilings with LED lights, his & her custom large closets for his and her, a luxurious master bath with floor mounted bathtub and shower panels. AMAZING!! On top of that Three more spacious ensuite with large closets and a full bath on 2nd floor. EV Charger installed in Garage. Wow!!! Don't miss to check out the Balcony on the second floor overlooking the park like backyard. Pull down attic stairs for extra storage. This brand-new construction has it all! Must SEE! Great location, short distance to restaurants, shopping malls, train stations, golf courses, parks, and major roadways. Highly desirable North Edison school system. Builders Limited 10-year Warranty.

Last Agent to Sell the Property

Rajnikant Patel

KELLER WILLIAMS ELITE REALTORS Listed on: 03/15/2023

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,515

Year Built

  • Built in 2023

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 210.00 x 100.00
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit and shops

Community Details

  • Stephenville Sec 1 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,515

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4821
  • Lot Size: 210.00 x 100.00
  • Ownership: Corporation
  • Subdivision Name: Stephenville Sec 1
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2023
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub, Two Sinks
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: 1st Floor, Full Bath, Sitting Area, Two Sinks, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Breakfast Bar, Kitchen Island, Eat-in Kitchen, Kitchen Exhaust Fan, Pantry, Separate Dining Area
  • Appliances: Dishwasher, Exhaust Fan, Refrigerator, See Remarks, Oven, Kitchen Exhaust Fan, Gas Water Heater
  • Has Basement: Full, Storage Space, Utility Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: See Remarks
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: See Remarks, Wood
  • Interior Amenities: 1 Bedroom, Dining Room, Bath Full, Bath Half, Family Room, Entrance Foyer, Kitchen, Laundry Room, Living Room, 2 Bedrooms, 3 Bedrooms, 4 Bedrooms, Bath Main, Bath Second, Bath Third, None
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, See Remarks
  • Pool Features: None
  • Exterior Features: Open Porch(es)
  • Patio And Porch Features: Porch
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Asphalt, Circular Driveway, Attached, Garage Door Opener

Utilities

  • Gas Company: Natural Gas
  • Cooling: Zoned, Attic Fan
  • Heating: Forced Air, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 21000
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 6515
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Aug 22, 2023
Sold by
3903 Park Ave Llc
Bought by
Lavania Anurag and Agrawal Soumya
Seller's Agent
Rajnikant Patel
KELLER WILLIAMS ELITE REALTORS
List Price
$1,525,000
Sold Price
$1,480,000
Premium/Discount to List
-$45,000
-2.95%
Views
684
Current Estimated Value
$1,741,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,450
Avg. Annual Appreciation
7.17%
Original Mortgage
$1,089,000
Outstanding Balance
$991,401
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$750,049

Purchase Details

Closed on
Jul 2, 2021
Sold by
Parikh Nishith
Bought by
3903 Park Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2000
Sold by
Yorke Patrick
Bought by
Parikh Nishith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.24%
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
Lavania Anurag $1,480,000 American Land Title
Lavania Anurag $1,480,000 American Land Title
3903 Park Ave Llc $430,000 Northeast Title Agency Llc
Parikh Nishith $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavania Anurag $1,089,000
Closed Lavania Anurag $1,089,000
Previous Owner 3903 Park Ave Llc $833,000
Previous Owner Parikh Nishith $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $1,480,000 -1.3% --
06/30/2023 06/30/23 Price Changed $1,499,000 -1.7% --
06/08/2023 06/08/23 For Sale $1,525,000 0.0% --
05/27/2023 05/27/23 Off Market $1,525,000 -- --
04/14/2023 04/14/23 Price Changed $1,525,000 +4.5% --
03/15/2023 03/15/23 For Sale $1,459,000 -- --
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
2025 $30,104 $505,700 $110,000 $395,700
2024 $6,513 $505,700 $110,000 $395,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2308893R

All Jersey MLS

APN: 05-01017-0000-00017