$460,000
SOLD OCT 2, 2023

5 Pelham Ave Edison, NJ 08817

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

Recently Sold

5% Above List Price

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%
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
8.62%
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

Similar Homes in Edison, NJ

  • 229 Old Post Rd, Edison, NJ 08817

    $539,000

    • 3 Beds
    • 2 Baths
    • 229 Old Post Rd
    • Edison, NJ

    229 Old Post Road Edison - Charming, Move-In-Ready Home in a Lively Community Explore this beautifully updated 3-bedroom, 2-bathroom home with a low-maintenance brick exterior. The modern eat-in kitchen features granite countertops, stainless steel appliances, and a chic backsplash. Hardwood floors shine throughout, energy-efficient central air (2022), paired with a new washer/dryer, and a

    Jasmine Tsui WEICHERT CO REALTORS

    Section Image
  • 2 Bradley Dr, Edison, NJ 08817

    $515,000

    • 3 Beds
    • 2 Baths
    • 936 Sq Ft
    • 2 Bradley Dr
    • Edison, NJ

    Welcome to 2 Bradley Drive, Edison - A Home with Heart and Room to Grow Set on a nicely landscaped corner lot, this 3-bedroom, 2-bath ranch offers a solid layout and some great updatesjust waiting for your personal touch to make it truly shine. Inside, you'll find hardwood floors on the main level and an eat-in kitchen with stainless steel appliances. The finished basement adds valuable

    Kimberly Colgan RE/MAX FIRST REALTY, INC.

    Section Image
  • 3 Seymour Ave, Edison, NJ 08817

    $489,900

    • 5 Beds
    • 2 Baths
    • 3 Seymour Ave
    • Edison, NJ

    Spacious 4-5 bedroom home in a prime location - close to train & top schools! Welcome to this 4-5 bedroom, 2 full bath home offering generous space in one of the area's most desirable neighborhoods. Perfectly situated just minutes from the train station, this home is ideal for commuters. Step into a living room that flows into a kitchen and large formal dining room, perfect for entertaining.

    Michelle Rizzo RE/MAX WELCOME HOME

    Section Image
  • 58 Fern St, Edison, NJ 08817

    $380,000

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft
    • 58 Fern St
    • Edison, NJ

    Ready for rehab! Fix or add a level and flip or fix to live there or to rent out. Bring your creativity and contractor with you. Nice size lot, lots of rehab going on in the area. Home sold AS IS. Seller will make no repairs whatsoever or offer any concessions or credits. Any inspections done will be for buyers' information only. Oil tank sweep recently done-there is no tank. Documentation

    BARBARA PAONE WEICHERT CO REALTORS

    Section Image
  • 6 Schuyler Dr, Edison, NJ 08817

    $499,900

    • 3 Beds
    • 1 Bath
    • 1,064 Sq Ft
    • 6 Schuyler Dr
    • Edison, NJ

    Great 3 Bedroom Ranch in the heart of South Edison! Luxury Vinyl Flooring in Living Room and Dining Room! Hardwood floors in Bedrooms! 3rd Bedroom currently has washer and dryer in it, but can easily be removed! Stainless Steel Appliances in Kitchen! Windows have been replaced throughout! Large Driveway that leads to Attached Garage! Awesome back paver patio with access from Slider in

    John Calandruccio RE/MAX COUNTRY

    Section Image
  • 82 Garden St, Edison, NJ 08817

    $499,900

    • 3 Beds
    • 2 Baths
    • 933 Sq Ft
    • 82 Garden St
    • Edison, NJ

    Pride of Ownership is evident in This Beautiful Bi-Level Home on a Quiet Dead-End Street! Meticulously maintained, this 3-bedroom, 2-bathroom home offers a warm and inviting layout. The stunning eat-in kitchen features cherrywood cabinets, granite countertops, ceramic tile flooring, under-cabinet lighting, and stainless-steel appliances. Hardwood floors flow throughout the upper level,

    Frances Gratacos WEICHERT CO REALTORS

    Section Image
  • 157 Orange St, Edison, NJ 08817

    $499,000

    • 3 Beds
    • 2 Baths
    • 936 Sq Ft
    • 157 Orange St
    • Edison, NJ

    Welcome to this ready to move-in, very well maintained 3 Bedroom 2 Full Bathroom Edison home with central AC! Located on a quiet street in a very desirable area! As soon as you enter this beautiful home, you're welcomed by the living room area overlooking the kitchen! Three bedrooms are conveniently located on the main level with a full bathroom! Full basement with full bathroom ideal for guests,

    LISA DUTKA EXP REALTY, LLC

    Section Image
  • 50 Lilac St, Edison, NJ 08817

    $499,900

    • 4 Beds
    • 2.5 Baths
    • 1,351 Sq Ft
    • 50 Lilac St
    • Edison, NJ

    A well built, well priced Bilevel with 4 bedroom, 2 baths,with additional plumbing connection (toilet) in lower level easy to convert to a 3rd full bath. In a great quiet location. While it might use some updating is well habitable. Hardwood floors throughout and finished lower level with large attached garage (one prior owner, never any dogs or cats). Please note square footage from tax

    Carmen Almanzar FOX & FOXX REALTY, LLC

    Section Image
  • 16 Taft Ave, Edison, NJ 08817

    $465,000

    • 3 Beds
    • 2 Baths
    • 1,040 Sq Ft
    • 16 Taft Ave
    • Edison, NJ

    Charming Ranch in a Quiet Neighborhood - Resort-Like Backyard! Welcome to this spacious 3-bedroom, 2-full bathroom ranch, nestled in a peaceful neighborhood near houses of worship, shopping, and the train offering convenience and comfort all in one. This well-laid-out home features a newly renovated bathroom and a full basement that's partially finished and brimming with potential. The one

    CHRISTINA MAYFIELD RE/MAX COMPETITIVE EDGE

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $460,000 American Title
Bargain Sale Deed $300,000 North Bergen Title Agcy Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $275,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,000 New Conventional
Previous Owner $72,328 FHA
Previous Owner $267,128 FHA
Previous Owner $6,000 New Conventional
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

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2401232R

All Jersey MLS

APN: 05-00160-17-00017