NOT LISTED FOR SALE

40 Sharon Ave Edison, NJ 08817

Estimated Value: $479,000 - $547,000

3 Beds
1 Bath
1,400 Sq Ft
$363/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $245,000 $175 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,284/month

Highlights

  • Wood Flooring
  • Attic
  • Forced Air Heating and Cooling System
  • Edison High School Rated A-
  • Living Room
  • 1-Story Property

About This Home

As of May 2022

This is a 3 bedroom ranch with all hardwood floors. There is a Porch in the front as well as in the back. There is a Detached garage. Use of basement for only laundry. Cozy house at a very good location. Easy to show.

Last Agent to Rent the Property

Rajagopal Kanukollu

JOHN ANTHONY AGENCY C-21 Listed on: 04/08/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,536

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Finished Basement
  • Laundry in Basement
  • Dryer
  • Attic

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • South Edison Subdivision

Listing and Financial Details

  • Tenant pays for repairs, all utilities, cable TV, electricity, sewer, gas, snow removal, hot water

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

7,536 Sq Ft Lot

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: Repairs, All Utilities, Cable TV, Electricity, Sewer, Gas, Snow Removal, Hot Water

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: South Edison
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1955
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Room Kitchen Features: Not Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Gas Water Heater
  • Has Basement: Finished, Laundry Facilities
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: 3 Bedrooms, Kitchen, Living Room, Bath Full, Bath Main, Attic, None
  • Living Area: 1400
  • Stories: 1

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Patel Sachin
Bought by
Patel Sachin and Patel Rupal
Current Estimated Value
$508,712

Purchase Details

Listed on
Apr 18, 2018
Closed on
Aug 24, 2018
Sold by
Fannie Mae
Bought by
Patel Sachin
Seller's Agent
Tennille Flowers
FLOWERS REALTY GROUP
Buyer's Agent
Tennille Flowers
FLOWERS REALTY GROUP
List Price
$274,900
Sold Price
$245,000
Premium/Discount to List
-$29,900
-10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Closed on
Apr 11, 2018
Sold by
Santiago Elizabeth and Santiago Miguel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 10, 2006
Sold by
Davis Shelly
Bought by
Santiago Miguel and Santiago Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2001
Sold by
Mendola Christopher
Bought by
Davis Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,850
Interest Rate
7.21%

Purchase Details

Closed on
Jun 20, 1996
Sold by
Devoe Nancy
Bought by
Mendola Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Patel Sachin -- None Listed On Document
Patel Sachin -- None Listed On Document
Patel Sachin -- Tri County Title Services Ll
Federal National Mortgage Association -- None Available
Santiago Miguel $302,000 --
Davis Brian $189,888 --
Mendola Christopher $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santiago Miguel $241,600
Previous Owner Davis Brian $179,850
Previous Owner Mendola Christopher $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Rented $2,800 0.0% --
04/08/2022 04/08/22 For Rent $2,800 0.0% --
08/30/2018 08/30/18 Sold $245,000 -10.9% -- View Prior Sale
08/08/2018 08/08/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $274,900 -- --
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 $7,644 $129,700 $76,000 $53,700
2024 $7,603 $128,400 $76,000 $52,400
2023 $7,603 $128,400 $76,000 $52,400
2022 $7,605 $128,400 $76,000 $52,400
2021 $7,461 $126,400 $76,000 $50,400
2020 $7,393 $126,400 $76,000 $50,400
2019 $7,114 $126,400 $76,000 $50,400
2018 $6,855 $126,400 $76,000 $50,400
2017 $6,792 $126,400 $76,000 $50,400
2016 $6,669 $126,400 $76,000 $50,400
2015 $6,414 $126,400 $76,000 $50,400
2014 $6,226 $126,400 $76,000 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2212172R

All Jersey MLS

APN: 05-00265-03-00017

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