NOT LISTED FOR SALE

41 Hamilton Ave Edison, NJ 08820

Estimated Value: $538,898 - $624,000

2 Beds
2 Baths
800 Sq Ft
$716/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $429,000 $536 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,646/month

Highlights

  • Wood Flooring
  • Granite Countertops
  • Living Room
  • Menlo Park Elementary School Rated A
  • Formal Dining Room
  • Central Air

About This Home

As of March 2022

This house is available on April 1st. This well-maintained house is located in the heart of North Edison, right next to train station and Route 27. Close to NY train, Rt 1 and other highways. Credit requires at least 650. Income requires at least 3x rent. No evictions. References, Income and background will be checked. No pets. Tenants pay all utilities, including water/sewer, electric and gas. Tenant is also responsible for yard maintenance.

Last Agent to Rent the Property

Margi Desai

HALO REALTY Listed on: 03/10/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 100.00 x 60.00

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • Association fees include air conditioning, electricity, gas, water, heat
  • Single Family Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, sewer, snow removal
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Sewer, Snow Removal

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size: 100.00 x 60.00
  • Subdivision Name: Single Family
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1952
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 1

Interior Features

  • Dining Room Features: Formal Dining Room
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Granite/Corian Countertops
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Electric Water Heater, Gas Water Heater
  • Has Basement: Finished, Bath Full
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Living Room, Dining Room
  • Stories: 1

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Electricity, Gas, Water, Heat
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Feb 28, 2022
Sold by
Patel Bhadrik P and Patel Megha
Bought by
Patel Jaimeen and Patel Gimixa J
Seller's Agent
Margi Desai
HALO REALTY
Sold Price
$2,100
Current Estimated Value
$572,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,875
Avg. Annual Appreciation
7.83%
Original Mortgage
$343,200
Outstanding Balance
$320,659
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$252,316

Purchase Details

Closed on
Aug 24, 2017
Sold by
Patel Vijay and Patel Priyank
Bought by
Patel Bhadrik and Patel Magha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2016
Sold by
Sestito Albert W and Sestito Donna A
Bought by
Patel Vijay and Patel Priyanka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2004
Sold by
Firetto Ann
Bought by
Middleton Duerward B and Middleton Bonneva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.3%

Purchase Details

Closed on
Dec 6, 1994
Sold by
Massey Rene
Bought by
Firetto Anna
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
Patel Jaimeen $429,000 Patel Milan C
Patel Jaimeen $429,000 None Listed On Document
Patel Bhadrik $379,000 Golden Title Agency Llc
Patel Vijay $325,000 Foundation Title
Middleton Duerward B $300,000 --
Firetto Anna $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jaimeen $343,200
Closed Patel Jaimeen $343,200
Previous Owner Patel Bhadrik $279,200
Previous Owner Patel Vijay $260,000
Previous Owner Middleton Duerward B $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2022 03/14/22 Rented $2,100 -4.5% --
03/10/2022 03/10/22 For Rent $2,200 0.0% --
03/08/2022 03/08/22 Sold $429,000 0.0% $443 / Sq Ft View Prior Sale
12/14/2021 12/14/21 For Sale $429,000 -- $443 / 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 $7,828 $131,500 $80,000 $51,500
2024 $7,786 $131,500 $80,000 $51,500
2023 $7,786 $131,500 $80,000 $51,500
2022 $7,789 $131,500 $80,000 $51,500
2021 $7,762 $131,500 $80,000 $51,500
2020 $7,691 $131,500 $80,000 $51,500
2019 $7,259 $131,500 $80,000 $51,500
2018 $7,088 $131,500 $80,000 $51,500
2017 $7,088 $131,900 $80,000 $51,900
2016 $6,959 $131,900 $80,000 $51,900
2015 $6,693 $131,900 $80,000 $51,900
2014 $6,497 $131,900 $80,000 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2210708R

All Jersey MLS

APN: 05-00643-10-00022-01