NOT LISTED FOR SALE

47 Fayette St Edison, NJ 08817

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold January 25, 2024

Last sale price $517,000

80 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Accessibility Features
  • Edison High School Rated A-
  • Air Conditioning
  • Detached Carport Space

About This Home

As of January 2024

Legal 2-Family house that is perfect for Investors OR owner occupant who can live in one and rent the other unit. Unit-1 has 1 BR, LR, Bath and access to Basement. The basement has a washer/dryer and finished recreation room. Unit-1 is accessed through the side entrance. Unit-2 consists of 2nd Fl and Attic. It with two bedrooms, Living room, kitchen and full bath with easy access to the attic which has additional two rooms. Access to the 2nd floor is from the front door. The house is minutes to Edison train station, Rutgers University, Route 1, Turnpike and Shopping centers. Home is being sold AS IS. First Floor Tenants are vacating on Dec 1st 2023. The rent for 1st Floor is 1500$. The 2nd Floor Tenant is on month-to-month lease for 1650$ per month. Garage is being rented for 250$ per month.

Last Agent to Sell the Property

Mohammad Ali

LEGACY REALTY GROUP Listed on: 11/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,016

Year Built

  • Built in 1932

Lot Details

  • 3,485

Parking

  • 1 Car Detached Garage
  • Detached Carport Space

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Finished Basement

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Radiator
  • Underground Utilities
  • Water Heater

Additional Features

  • Accessibility Features
  • Lot Dimensions are 100.00 x 37.00

Community Details

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

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric water), unit 2 owner pays(electric water gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,016

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size: 100.00 x 37.00
  • Ownership: Fee Simple
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1932
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Electric), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Dryer,Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Electric,Water), Unit 2 Owner Pays(Electric,Water,Gas)
  • Accessibility Features: Unit 2 Accessibility Features
  • Has Basement: Finished, Other Room(s), Utility Room
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,Laundry Hookup,1 Bath,Living Room), Unit 2(1 Bedroom,2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached Carport, Garage, Detached, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Rental Info

  • Lease Term: Unit 1(Month-Month,No Lease),Unit 2(Month-Month,No Lease)

Tax Info

  • Tax Annual Amount: 7016

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $517,000 +7.9% --
11/05/2023 11/05/23 For Sale $479,000 +23.5% --
09/23/2022 09/23/22 Sold $387,900 -5.4% --
07/13/2022 07/13/22 For Sale $410,000 +28.9% --
05/11/2021 05/11/21 Sold $318,000 0.0% $272 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
01/02/2021 01/02/21 For Sale $318,000 -- $272 / Sq Ft
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mohammad Ali

    Seller's Agent in 2024

    Mohammad Ali

    LEGACY REALTY GROUP

    (347) 723-3049

    2 in this area

    7 Total Sales

    Mohammad Ali
    Section Image

  • K

    Seller's Agent in 2022

    KEVIN RODNEY

    PREMIERBLU

  • N

    Buyer's Agent in 2022

    NADEEM CHOUDHARY

    LEGACY REALTY GROUP

  • Jonathan Silberlight

    Seller's Agent in 2021

    Jonathan Silberlight

    RE/MAX

    (732) 549-9500

    2 in this area

    43 Total Sales

    Jonathan Silberlight
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2403680R

All Jersey MLS

APN: 05 00227-0000-00009-000A

New Jersey Middlesex County Edison 08817

47 Fayette St, Edison, NJ

This home is located at 47 Fayette St, Edison, NJ 08817 since 05 November 2023. This property was built in 1932. 47 Fayette St is a home located in Middlesex County with nearby schools including Lindeneau Elementary School, Thomas Jefferson Middle School, and Edison High School.

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