NOT LISTED FOR SALE

405 Durham Ave Edison, NJ 08817

Estimated Value: $1,160,000 - $1,559,000

5 Beds
4.5 Baths
4,175 Sq Ft
$336/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $1,175,000 $281 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,276/month

179 Days on Market

Highlights

  • Under Construction
  • Custom Home
  • Cathedral Ceiling
  • Woodbrook Elementary School Rated A
  • Property is near public transit and shops
  • Wood Flooring

About This Home

As of November 2022

Great north Edison schools, North facing, Circular driveway, Central vacuum, Iron doors, Custom design interior doors, Basement entrance, Stairs to the Attic, Large size bedrooms, Full basement, & spacious yard boasts lots of possibilities. Close to major highways, train, shopping and dining.

Last Agent to Sell the Property

GURCHARAN SINGH

REALTYMARK SELECT Listed on: 05/07/2022

REALTYMARK SELECT

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 10,338 Sq Ft Lot
  • Lot Dimensions are 137.00 x 75.00
  • Interior Lot
  • Private Yard
  • Property is zoned RB

Parking

  • 1 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Additional Parking
  • Open Parking

Home Design

  • Custom Home
  • Asphalt Roof

Interior Spaces

  • 4,175 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Location

  • Property is near public transit and shops

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Metuchen Acres Sec 2 Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2373
  • Lot Size: 137.00 x 75.00
  • Ownership: Fee Simple
  • Subdivision Name: Metuchen Acres Sec 2
  • 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: 2022
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Gas Range/Oven, Refrigerator, Oven, Gas Water Heater
  • Has Basement: Full, Storage Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Dry Bar, 1 Bedroom, Entrance Foyer, Kitchen, Living Room, Den, Dining Room, Family Room, 4 Bedrooms, Bath Half, Bath Main, Attic
  • Living Area: 4175
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Interior Lot, Near Public Transit
  • Direction Faces: North
  • Exterior Features: Yard
  • Property Condition: Under Construction
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Additional Parking, Asphalt, Garage, Built-In Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 10338
  • Zoning: RB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Nov 2, 2022
Sold by
Singh Gurcharan and Singh Amritpreet
Bought by
Gandrothu Hemantha Kumar and Avidi Saroja Priya
Seller's Agent
GURCHARAN SINGH
REALTYMARK SELECT
List Price
$1,100,000
Sold Price
$1,175,000
Premium/Discount to List
$75,000
6.82%
Views
9
Current Estimated Value
$1,403,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,373
Avg. Annual Appreciation
5.67%
Original Mortgage
$775,000
Outstanding Balance
$751,534
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$651,839

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 18, 2021
Sold by
Gainey Patrick J and Gainey Robert J
Bought by
Kaur Amritpreet and Singh Gurcharan
Seller's Agent
Fran Torella
RE/MAX WELCOME HOME
List Price
$332,000
Sold Price
$332,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.66%
Interest Rate
2.93%

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 6, 2021
Sold by
Gainey Robert J and Gainey Patrick J
Bought by
Singh Gurcharan and Kaur Amritpreet
Seller's Agent
Fran Torella
RE/MAX WELCOME HOME
List Price
$332,000
Sold Price
$332,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.93%
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
Gandrothu Hemantha Kumar $1,175,000 Providence Abstract
Gandrothu Hemantha Kumar $1,175,000 Providence Abstract
Kaur Amritpreet $332,000 --
Singh Gurcharan $332,000 Providence Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandrothu Hemantha Kumar $775,000
Closed Gandrothu Hemantha Kumar $775,000
Previous Owner Kaur Amritpreet --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2022 11/02/22 Sold $1,175,000 0.0% $281 / Sq Ft
09/30/2022 09/30/22 Price Changed $1,175,000 +6.8% $281 / Sq Ft
05/07/2022 05/07/22 For Sale $1,100,000 +231.3% $263 / Sq Ft
05/18/2021 05/18/21 Sold $332,000 0.0% $355 / Sq Ft View Prior Sale
04/18/2021 04/18/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $332,000 -- $355 / 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 $24,116 $405,100 $89,200 $315,900
2024 $5,282 $405,100 $89,200 $315,900
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    GURCHARAN SINGH

    REALTYMARK SELECT

    3 in this area

    11 Total Sales

    GURCHARAN SINGH
    Section Image
  • Fran Torella

    Seller's Agent in 2021

    Fran Torella

    RE/MAX

    (732) 906-8200

    4 in this area

    48 Total Sales

    Fran Torella
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2213434R

All Jersey MLS

APN: 05-00057-01-00003

New Jersey Middlesex County Edison 08817

405 Durham Ave, Edison, NJ

Not Listed for Sale

Detached

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