$999,999
SOLD SEP 16, 2025

45 Woodedge Ave Edison, NJ 08817

8 Beds
7 Baths
4,064 Sq Ft
0.28 Acres

Recently Sold

$246 Per Sq Ft

16% Below List Price

75 Days on Market

Highlights

  • Private Yard
  • Level Lot
  • Hot Water Baseboard Heater
  • Washington Elementary School Rated A-

About This Home

As of September 2025

Calling all investors! This One-of-a-kind Investment property is in a prime section of Edison! Featuring a well-maintained 7-unit fully brick building. You don't find opportunities like this every day. Offering 7 units, 10 bedrooms and 7 bathrooms. This custom build property has 3 full apartments, 4 boarding rooms, high ceilings, full basement and 6 car driveways for potential additional income. The proximity to shopping centers, diverse dining options, and schools adds to the property's appeal, making it an attractive option for renters seeking convenience and accessibility. Whether you're looking to expand your investment portfolio or embark on your real estate journey, this 7 units home promises both value and potential. Don't miss out on this opportunity to secure a solid investment in a sought-after location!

Last Agent to Sell the Property

IRINA RICKELMAN

DANIEL PUJOLS REALTY, LLC Listed on: 02/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,031

Year Built

  • Built in 1969

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 83x145
  • Level Lot
  • Irregular Lot
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 4,064 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(water), unit 4 owner pays(water)

Community Details

Overview

  • High School Subdivision

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,031

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2763
  • Lot Size: 83X145
  • Ownership: Fee Simple
  • Subdivision Name: High School
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1969
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water), Unit 4 Owner Pays(Water)
  • Has Basement: Full, Interior Entry
  • Basement YN: No
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Interior Amenities: Unit 1(1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room), Unit 2(1 Bath,1 Bedroom,Kitchen,Living Room), Unit 3(1 Bath,1 Bedroom,Kitchen,Living Room), Unit 4(2+ Baths,4 Bedrooms)
  • Living Area: 4064
  • Stories: 2

Exterior Features

  • Lot Features: Irregular Lot, Level
  • Exterior Features: Yard
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 12035
  • Zoning: RB

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month),Unit 4(Month-Month)

Tax Info

  • Tax Annual Amount: 15031
  • Tax Year: 2024

Multi Family

  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2016
Sold by
Emrich Gerhard
Bought by
Sir Group Woodedge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Outstanding Balance
$281,301
Interest Rate
4.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $341,250 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Sold $999,999 -15.9% $246 / Sq Ft
02/20/2025 02/20/25 For Sale $1,189,000 -- $293 / 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 $15,031 $252,500 $90,700 $161,800
2024 $14,951 $252,500 $90,700 $161,800
2023 $14,951 $252,500 $90,700 $161,800
2022 $14,956 $252,500 $90,700 $161,800
2021 $14,905 $252,500 $90,700 $161,800
2020 $14,769 $252,500 $90,700 $161,800
2019 $13,856 $252,500 $90,700 $161,800
2018 $13,612 $252,500 $90,700 $161,800
2017 $13,486 $252,500 $90,700 $161,800
2016 $13,005 $246,500 $90,700 $155,800
2015 $12,507 $246,500 $90,700 $155,800
2014 $12,143 $246,500 $90,700 $155,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2561085M

All Jersey MLS

APN: 05-00161-20-00021-31