$475,000
SOLD SEP 11, 2025

416 Wallace St Edison, NJ 08817

2 Beds
2.5 Baths
1,152 Sq Ft
1982 Built

Recently Sold

$412 Per Sq Ft

5% Below List Price

45 Days on Market

Highlights

  • Deck
  • Property is near public transit and shops
  • End Unit
  • Washington Elementary School Rated A-
  • Attic
  • Formal Dining Room

About This Home

As of September 2025

Beautiful end unit townhouse featuring a full finished basement with full bath. This bright and sunny unit is newly renovated with Maison Chablis Waterproof Rigid Core Luxury Vinyl Plank with additional cork padding throughout except basement, all brand new appliances and freshly painted. First floor boosts a eat in kitchen, a powder room, dining room and a living room with a slider to your private deck. Second floor offers two large sized bedroom with a share full bath in the hallway. Laundry room is convenitenly on the 2nd floor. This lovely home is located in one of the best location in Brookview Commons. Easy access to major highway and minute away from train, shoppings, school and restaurants.... This is worth the wait and your buyer will not be disappointed.......

Last Agent to Sell the Property

Suk Chiu-Ng

COLDWELL BANKER REALTY Listed on: 05/30/2025

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,715

Year Built

  • Built in 1982

Lot Details

  • 39 Sq Ft Lot
  • End Unit
  • Cul-De-Sac

Parking

  • On-Site Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Utility Room
  • Laminate Flooring
  • Finished Basement
  • Finished Basement Bathroom
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Deck
  • Property is near public transit and shops

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, insurance, snow removal, trash
  • Brookview Commons Sec 03 Subdivision

Additional Features

  • Maintenance Expense $334
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,715

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0009
  • Ownership: Condominium
  • Subdivision Name: Brookview Commons Sec 03
  • Architectural Style: End Unit, Townhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two, See Remarks
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1982
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Finished, Bath Full, Interior Entry, Utility Room
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate, See Remarks
  • Interior Amenities: Dining Room, Bath Full, Kitchen, Living Room, 2 Bedrooms, Bath Main, Laundry Room, Attic, Family Room, Additional Bath
  • Living Area: 1152
  • Stories: 2

Exterior Features

  • Lot Features: Cul-De-Sac, Near Shopping, Near Train
  • Exterior Features: Deck, Door(s)-Storm/Screen
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Site

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
  • Association #2 Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, Snow Removal, Trash

Lot Info

  • Lot Size Sq Ft: 39
  • Zoning: LR

Multi Family

  • Maintenance Expense: 334

Tax Info

  • Tax Annual Amount: 6715
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2025
Closed on
Aug 22, 2025
Sold by
Sharma Vishal and Saradha Priya Lakshmi
Bought by
Da Costa Rui and Da Jose Nicole
Seller's Agent
Suk Chiu-Ng
COLDWELL BANKER REALTY
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Views
48
Current Estimated Value
$469,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,471
Avg. Annual Appreciation
-3.56%
Original Mortgage
$380,000
Outstanding Balance
$379,671
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$89,858

Purchase Details

Closed on
Apr 9, 2019
Sold by
Saradha Priya Lakshmi
Bought by
Saradha Priya Lakshmi and Sharma Vishal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2013
Sold by
Ravula Sasidhar
Bought by
Saradha Priya Lakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,800
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 2005
Sold by
Szatmary Edward
Bought by
Ravula Sasidhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 1998
Sold by
Alam Hanat
Bought by
Szatmary Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $475,000 Westcor Land Title
Interfamily Deed Transfer -- Investment Title Llc
Bargain Sale Deed $242,000 Wfg National Title Ins Co
Deed $320,000 --
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 New Conventional
Previous Owner $180,000 Adjustable Rate Mortgage/ARM
Previous Owner $217,800 Adjustable Rate Mortgage/ARM
Previous Owner $256,000 Adjustable Rate Mortgage/ARM
Previous Owner $84,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Sold $475,000 -5.0% $412 / Sq Ft
05/30/2025 05/30/25 For Sale $499,900 -- $434 / 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 $6,715 $112,800 $37,000 $75,800
2024 $6,679 $112,800 $37,000 $75,800
2023 $6,679 $112,800 $37,000 $75,800
2022 $6,681 $112,800 $37,000 $75,800
2021 $6,410 $112,800 $37,000 $75,800
2020 $6,598 $112,800 $37,000 $75,800
2019 $6,100 $112,800 $37,000 $75,800
2018 $6,195 $112,800 $37,000 $75,800
2017 $5,810 $112,800 $37,000 $75,800
2016 $5,703 $112,800 $37,000 $75,800
2015 $5,487 $112,800 $37,000 $75,800
2014 $5,331 $112,800 $37,000 $75,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2561609M

All Jersey MLS

APN: 05-00113-0000-00052-02-C0416