NOT LISTED FOR SALE

5 Pelham Ave Edison, NJ 08817

Estimated Value: $526,000 - $585,000

4 Beds
2 Baths
-- Sq Ft
5,998 Sq Ft Lot

Last Sold October 02, 2023

Last sale price $460,000

Est. 21% increase in value since last sale

Current estimated payment $3,663/month

65 Days on Market

Highlights

  • Home Theater
  • Cape Cod Architecture
  • Eat-In Kitchen
  • Edison High School Rated A-
  • Main Floor Primary Bedroom
  • Bathtub

About This Home

As of October 2023

Gorgeous 4 bedrooms 2 full bath newly updated cape cod situated in desirable residential area close to all major highways, Edison Train Station and more...1st floor with spacious Living room, eat in kitchen, 2 bedrooms and full bath; 2nd floor 2 large bedrooms, recreation room, 2nd full bath; Deep private fenced back yard; brand new floors on 1st floor, updated bathrooms, replaced furnace 2021,Stove 2023,upgraded washer and dryer in full dry basement; widen driveway. Won't last!

Last Agent to Sell the Property

Ching Liang

RE/MAX COMPETITIVE EDGE Listed on: 07/29/2023

RE/MAX COMPETITIVE EDGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,214

Year Built

  • Built in 1952

Lot Details

  • 5,998 Sq Ft Lot
  • Level Lot
  • Property is zoned RB

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Home Theater
  • Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Additional Parking
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Elizabeth Park Sec 02 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,214

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1377
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Elizabeth Park Sec 02
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1952
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Only
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: 1st Floor
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Full, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: 2 Bedrooms, Bath Full, Kitchen, Living Room, Media Room, None
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 1 Car Width, Additional Parking, Asphalt, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s)
  • 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

Lot Info

  • Lot Size Sq Ft: 5998
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 7214
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Sep 26, 2023
Sold by
Gong Qingzhou and Gong Haixia
Bought by
Parikh Meet
Seller's Agent
Ching Liang
RE/MAX COMPETITIVE EDGE
List Price
$439,999
Sold Price
$460,000
Premium/Discount to List
$20,001
4.55%
Total Days on Market
65
Views
200
Current Estimated Value
$554,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,443
Avg. Annual Appreciation
8.72%
Original Mortgage
$368,000
Outstanding Balance
$361,429
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$172,373

Purchase Details

Listed on
Sep 4, 2020
Closed on
Jan 5, 2021
Sold by
Brown Hanif
Bought by
Gong Qingzhou and Lu Haixia
Seller's Agent
GERALD F. SANRELUS
ALPHA ASSOCIATES REALTY INC.
Buyer's Agent
Ching Liang
RE/MAX COMPETITIVE EDGE
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.33%

Purchase Details

Closed on
Aug 14, 2020
Sold by
Brown Hanif and Estate Of Nyanda Bonfield
Bought by
Brown Hanif

Purchase Details

Closed on
Oct 16, 2018
Sold by
Callaghan Jason and Callaghan Nyanda
Bought by
Bonfield Nyanda and Callaghan Nyanda

Purchase Details

Closed on
Jun 17, 2010
Sold by
Naiduk Ronald J
Bought by
Callaghan Jason and Callaghan Nyanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,128
Interest Rate
5.25%
Mortgage Type
FHA
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
Parikh Meet $460,000 American Title
Gong Qingzhou $300,000 North Bergen Title Agcy Inc
Brown Hanif -- None Available
Bonfield Nyanda -- None Available
Callaghan Jason $275,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parikh Meet $368,000
Previous Owner Callaghan Jason M $72,328
Previous Owner Callaghan Jason $267,128
Previous Owner Naiduk Mildred G $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $460,000 +4.5% --
07/29/2023 07/29/23 For Sale $439,999 +51.7% --
02/20/2021 02/20/21 Sold $290,000 -3.3% --
02/20/2021 02/20/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $300,000 -- --
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 $7,212 $130,400 $80,000 $50,400
2023 $7,212 $121,800 $80,000 $41,800
2022 $7,214 $121,800 $80,000 $41,800
2021 $7,190 $121,800 $80,000 $41,800
2020 $7,124 $121,800 $80,000 $41,800
2019 $6,089 $121,800 $80,000 $41,800
2018 $6,389 $121,800 $80,000 $41,800
2017 $6,111 $121,800 $80,000 $41,800
2016 $6,426 $121,800 $80,000 $41,800
2015 $6,180 $121,800 $80,000 $41,800
2014 $6,000 $121,800 $80,000 $41,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2401232R

All Jersey MLS

APN: 05-00160-17-00017