NOT LISTED FOR SALE

40 Broad Ave Edison, NJ 08820

Estimated Value: $1,318,000 - $1,475,000

5 Beds
4 Baths
1,210 Sq Ft
$1,142/Sq Ft Est. Value

Last Sold December 25, 2023

Last sale price $1,199,900 $992 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,981/month

8 Days on Market

Highlights

  • Under Construction
  • Custom Home
  • Property is near public transit
  • Woodbrook Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of December 2023

New Construction in North Edison, the wait is over, Craftsmanship and quality-- very well built, 5 Bedrooms, 4 full baths, two story foyer, cathedral ceilings in family room, poured concrete walls & outer entrance for basement, hardwood flooring throughout, numerous upgrades...list goes on, park like yard, close to shopping and transportation!

Last Agent to Sell the Property

Jagpaviterjit Singh

GRAND CASTLE REALTY Listed on: 12/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,406

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 130.00 x 0.00
  • Street terminates at a dead end
  • Private Yard
  • Property is zoned RB

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Open Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,210 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storm Screens
  • Attic

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • Red Top Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,406

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1951
  • Lot Size: 130.00 x 0.00
  • Ownership: See Remarks
  • Subdivision Name: Red Top Heights
  • Architectural Style: Colonial, Custom Home
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Custom Home
  • Year Built: 2023
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Exhaust Fan, Kitchen Island, Pantry, Separate Dining Area
  • Appliances: Dishwasher, Electric Range/Oven, Kitchen Exhaust Fan, Electric Water Heater, Gas Water Heater
  • Has Basement: Full, Daylight, Exterior Entry, Interior Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, See Remarks, Wood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, 1 Bedroom, Entrance Foyer, Kitchen, Living Room, Bath Full, Dining Room, Family Room, 4 Bedrooms, Bath Main, Bath Second, Bath Third, Attic
  • Living Area: 1210
  • Stories: 2
  • Window Features: Screen/Storm Window

Exterior Features

  • Lot Features: Near Shopping, Near Train, Dead - End Street, Near Public Transit
  • Exterior Features: Deck, Screen/Storm Window, Yard
  • Patio And Porch Features: Deck
  • Property Condition: Under Construction
  • Roof: Asphalt, See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, See Remarks, Garage, Attached, Built-In Garage

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air, See Remarks
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 8500
  • Zoning: RB

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Aaa Nj Homes Llc
Bought by
Govindan Srinivasa Narayanan and Gopalakrishnan Uthra
Current Estimated Value
$1,381,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$959,900
Outstanding Balance
$932,541
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$417,809

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 28, 2020
Sold by
Adriano Luis M and Spates Tracy
Bought by
Aaa Nj Homes Llc
Seller's Agent
Faith Murphy
COLDWELL BANKER REALTY
List Price
$451,000
Sold Price
$451,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.86%
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
Govindan Srinivasa Narayanan $1,199,900 Old Republic National Title In
Aaa Nj Homes Llc $451,000 Golden Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Govindan Srinivasa Narayanan $959,900
Closed Govindan Srinivasa Narayanan $959,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/25/2023 12/25/23 Sold $1,199,900 -7.0% $992 / Sq Ft
12/17/2023 12/17/23 For Sale $1,289,900 +186.0% $1,066 / Sq Ft
01/15/2021 01/15/21 Sold $451,000 0.0% $373 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $451,000 -- $373 / 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 $5,406 $383,300 $91,300 $292,000
2023 $5,406 $91,300 $91,300 $0
2022 $7,552 $127,500 $127,500 $0
2021 $10,265 $173,900 $127,500 $46,400
2020 $10,171 $173,900 $127,500 $46,400
2019 $9,271 $173,900 $127,500 $46,400
2018 $9,431 $173,900 $127,500 $46,400
2017 $8,639 $173,900 $127,500 $46,400
2016 $9,175 $173,900 $127,500 $46,400
2015 $8,824 $173,900 $127,500 $46,400
2014 $8,566 $173,900 $127,500 $46,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2406480R

All Jersey MLS

APN: 05-00593-04-00017-02