NOT LISTED FOR SALE

51 Prospect Ave Edison, NJ 08817

Estimated Value: $686,000 - $762,000

4 Beds
3 Baths
2,388 Sq Ft
$301/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $550,000 $230 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,610/month

10 Days on Market

Highlights

  • Above Ground Pool
  • New Kitchen
  • Attic
  • Washington Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of December 2022

Welcome to This Beautiful 4 Bedroom, 3 Full Bath home with HUGE Multi generational living potential!! Located on a Corner Lot in a Desirable Quiet Neighborhood. The Home Features a Newly Remodeled Kitchen, all New Andersen Windows and a new front door will be installed in December. New Boiler and Hot Water Heater. Big ticket items DONE! A Large Fenced Yard with an Above Ground Pool. Close to Schools, Shopping, NYC Commuter Busses and trains. You Don't Want to Miss This! It will Not Last!

Last Agent to Sell the Property

Valerie Vargas

Keller Williams City Life License #0337086 Listed on: 10/21/2022

Keller Williams City Life

Co-Listed By

Melina Bradley

Keller Williams Realty West Monmouth License #1970479

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,055

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 58 x 135
  • Fenced
  • Level Lot

Home Design

  • Split Level Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Attic

Kitchen

  • New Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Above Ground Pool
  • Shed

Schools

  • Edison High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Items Including the Electric Fireplace
  • Assessor Parcel Number 05-00161-06-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,055

Year Built

Built in 1954

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Above Ground
  • Co List Office Mls Id: 1693
  • Co List Office Phone: 732-536-9010
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Split Level
  • Reso Flooring: Wood
  • Reso Interior Features: Attic
  • Reso Other Structures: Shed
  • Year Built: 1954
  • Contract Info List PriceSqFt: 230.32
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 58 x 135
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Interior Attic: Yes
  • Garage None4: Yes
  • Style Split Level: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Acres: 0.18
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal Items Including the Electric Fireplace
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:Pool Above Ground: Yes

Lot Info

  • Lot Dimensions: 58 x 135
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 05-00161-06-00006
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9055.0

MLS Schools

  • High School: Edison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 30, 2022
Sold by
Mulligan Michael P and Mulligan Eileen M
Bought by
Duggal Dhruv and Duggal Nomita
Seller's Agent
Valerie Vargas
Keller Williams City Life
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$550,000
Sold Price
$550,000
Views
21
Current Estimated Value
$718,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,558
Avg. Annual Appreciation
8.44%
Original Mortgage
$470,085
Outstanding Balance
$462,606
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$255,952

Purchase Details

Closed on
Mar 12, 1996
Sold by
Marbach Sherry
Bought by
Mendez Carlos and Mendez Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duggal Dhruv $550,000 Golden Title
Duggal Dhruv $550,000 Golden Title
Mendez Carlos $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duggal Dhruv $470,085
Closed Duggal Dhruv $470,085
Previous Owner Mendez Carlos $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2022 12/05/22 Sold $550,000 0.0% $230 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $550,000 -- $230 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,971 $167,500 $83,100 $84,400
2024 $9,083 $167,500 $83,100 $84,400
2023 $9,083 $153,400 $83,100 $70,300
2022 $9,086 $153,400 $83,100 $70,300
2021 $9,055 $153,400 $83,100 $70,300
2020 $8,972 $153,400 $83,100 $70,300
2019 $8,468 $153,400 $83,100 $70,300
2018 $8,247 $153,400 $83,100 $70,300
2017 $8,247 $153,400 $83,100 $70,300
2016 $8,093 $153,400 $83,100 $70,300
2015 $7,784 $153,400 $83,100 $70,300
2014 $7,556 $153,400 $83,100 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22232518

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 05-00161-06-00006

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