NOT LISTED FOR SALE

494 Suttons Ln Edison, NJ 08817

Estimated Value: $772,000 - $849,000

-- Bed
-- Bath
2,462 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $620,000 $252 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,399/month

86 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Carpet
  • John Marshall Elementary School Rated A-
  • Utility Room

About This Home

As of September 2021

Calling all investors! This well kept 2 family home features 3 bedrooms, 1.5 bathrooms, full unfinished basement, private washer/dryer and private driveways for each unit. Both units are identical layouts. Tenants pay all utilities. Recent upgrades include new vinyl siding and aluminum window trim, full house water filter and water softeners and a new water well pressure pump. Property has well water so no water bill! Conveniently located near shopping centers, schools and public transportation. This home is a short distance from Edison train station with direct access to NYC. First showings start Saturday June 5th

Last Listed By

Julia Quinones

WEICHERT CO REALTORS Listed on: 06/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,037

Year Built

  • Built in 1976

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 115.00 x 103.00
  • Corner Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,462 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Underground Utilities
  • Shared Well
  • Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,037

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2719
  • Lot Size: 115.00 x 103.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1976
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Dryer,Range/Oven,Refrigerator,Washer)
  • Owner Pays: Unit 1 Owner Pays(Electric,Gas), Unit 2 Owner Pays(Electric,Gas)
  • Has Basement: Full, Storage Space, Utility Room
  • Flooring: Unit 1 Carpet
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Living Room,1 1/2 Baths,See Remarks), Unit 2(Dining Room,3 Bedrooms,Kitchen,Living Room,1 1/2 Baths,See Remarks)
  • Living Area: 2462
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Shared Well

Lot Info

  • Lot Size Sq Ft: 11844
  • Zoning: RB

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 11037
  • Tax Year: 2020

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Aug 12, 2021
Sold by
Testa Josephine M and Testa Michael
Bought by
Sanwell Inc
Seller's Agent
Julia Quinones
WEICHERT CO REALTORS
List Price
$620,000
Sold Price
$620,000
Total Days on Market
86
Current Estimated Value
$798,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,871
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Dec 29, 2008
Sold by
Testa Josephine M
Bought by
Testa Josephine M and Testa Michael

Purchase Details

Closed on
Oct 24, 2008
Sold by
Testa Josephine M
Bought by
Testa Josephine M
Source: Public Records

Range of Values:

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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
Sanwell Inc $620,000 Stewart Title Guaranty Co
Testa Josephine M -- None Available
Testa Josephine M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $620,000 0.0% $252 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $620,000 -- $252 / 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
2024 $11,173 $188,700 $77,700 $111,000
2023 $11,173 $188,700 $77,700 $111,000
2022 $11,177 $188,700 $77,700 $111,000
2021 $11,139 $188,700 $77,700 $111,000
2020 $11,037 $188,700 $77,700 $111,000
2019 $10,620 $188,700 $77,700 $111,000
2018 $10,363 $188,700 $77,700 $111,000
2017 $10,112 $188,100 $77,700 $110,400
2016 $9,924 $188,100 $77,700 $110,400
2015 $9,544 $188,100 $77,700 $110,400
2014 $9,266 $188,100 $77,700 $110,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julia Quinones

    WEICHERT CO REALTORS

    (732) 494-6800

    9 in this area

    49 Total Sales

    Julia Quinones
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Map

Source: All Jersey MLS

MLS Number: 2117870R

All Jersey MLS

APN: 05-00907-0000-00020

New Jersey Middlesex County Edison 08817

494 Suttons Ln, Edison, NJ

This home is located at 494 Suttons Ln, Edison, NJ 08817 since 05 June 2021 and is currently estimated at $798,871, approximately $324 per square foot. This property was built in 1976. 494 Suttons Ln is a home located in Middlesex County with nearby schools including John Marshall Elementary School, Thomas Jefferson Middle School, and Edison High School.

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