NOT LISTED FOR SALE

522 Edison Glen Terrace Edison, NJ 08837

Estimated Value: $380,000 - $403,000

2 Beds
2 Baths
1,291 Sq Ft
418 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $295,000 $229 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,544/month

52 Days on Market

Highlights

  • Private Pool
  • Property is near public transit
  • Cul-De-Sac
  • Benjamin Franklin Elementary School Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of May 2022

Welcome home to this beautiful, spacious move-in-ready 3rd floor 2 bedrooms 2 full baths Condo with a balcony in the highly desirable Edison Glen Terrace! The 3rd floor is the most private and you can easily enter from the front or the back entrances. This unit has an updated kitchen and bathrooms. It also has laminated hardwood floor throughout, in-unit laundry, open parking, inground community pool. It's centrally located close to shopping, restaurants, train stations, major highways (Rt.1, 287, Turnpike, Parkway). A-Must-See! The showing starts on 4/1/2022.

Last Agent to Sell the Property

TONY CHAO

OPTIMUM REALTY, INC. Listed on: 04/01/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 1987

Lot Details

  • 418

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,291 Sq Ft Home
  • 3-Story Property
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Private Pool
  • Cul-De-Sac

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management fee, common area maintenance, maintenance structure, sewer, snow removal, trash, ground maintenance, maintenance fee, water
  • Edison Glen Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $290

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,277

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0096
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Edison Glen
  • Architectural Style: Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 3rd Floor
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: 2 Bedrooms, Kitchen, Living Room, Bath Other
  • Living Area: 1291
  • Stories: 3

Exterior Features

  • Lot Features: Near Shopping, Near Train, Cul-De-Sac, Near Public Transit
  • Pool Features: Outdoor Pool
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Common

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Management Fee, Common Area Maintenance, Maintenance Structure, Sewer, Snow Removal, Trash, Maintenance Grounds, Maintenance Fee, Water

Lot Info

  • Lot Size Sq Ft: 418
  • Zoning: LR

Multi Family

  • Maintenance Expense: 290

Tax Info

  • Tax Annual Amount: 5277
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 24, 2022
Sold by
Betty Lee
Bought by
Chadalavada Saketa
Seller's Agent
TONY CHAO
OPTIMUM REALTY, INC.
List Price
$289,000
Sold Price
$295,000
Premium/Discount to List
$6,000
2.08%
Current Estimated Value
$396,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,073
Avg. Annual Appreciation
9.05%
Original Mortgage
$185,000
Outstanding Balance
$153,783
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$242,291

Purchase Details

Closed on
Jun 24, 2006
Sold by
Vantipalli Ashok
Bought by
Chang Betty Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.71%

Purchase Details

Closed on
Sep 17, 2001
Sold by
Mascenik Kristen
Bought by
Vantipalli Ashok and Kadiyala Hima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
6.98%

Purchase Details

Closed on
Jan 7, 2000
Sold by
Weisenstein Larry
Bought by
Mascenik Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
7.79%
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
Chadalavada Saketa $295,000 Lemonbrew Abstract
Chadalavada Saketa $295,000 Lemonbrew Abstract
Chang Betty Lee $260,000 --
Vantipalli Ashok $129,900 --
Mascenik Kristen $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadalavada Saketa $185,000
Closed Chadalavada Saketa $185,000
Previous Owner Chang Betty Lee $180,000
Previous Owner Vantipalli Ashok $116,900
Previous Owner Mascenik Kristen $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $295,000 +2.1% $229 / Sq Ft
04/01/2022 04/01/22 For Sale $289,000 -- $224 / 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
2025 $5,322 $89,400 $20,000 $69,400
2024 $5,293 $89,400 $20,000 $69,400
2023 $5,293 $89,400 $20,000 $69,400
2022 $5,295 $89,400 $20,000 $69,400
2021 $5,081 $89,400 $20,000 $69,400
2020 $5,032 $89,400 $20,000 $69,400
2019 $4,736 $89,400 $20,000 $69,400
2018 $4,650 $89,400 $20,000 $69,400
2017 $4,605 $89,400 $20,000 $69,400
2016 $4,520 $89,400 $20,000 $69,400
2015 $4,348 $89,400 $20,000 $69,400
2014 $4,225 $89,400 $20,000 $69,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    TONY CHAO

    OPTIMUM REALTY, INC.

    (908) 421-1560

    2 in this area

    2 Total Sales

    TONY CHAO
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Map

Source: All Jersey MLS

MLS Number: 2211614R

All Jersey MLS

APN: 05-00199-0000-00017-27-C0522

New Jersey Middlesex County Edison 08817

522 Edison Glen Terrace, Edison, NJ

This home is located at 522 Edison Glen Terrace, Edison, NJ 08837 since 01 April 2022 and is currently estimated at $396,073, approximately $306 per square foot. This property was built in 1987. 522 Edison Glen Terrace is a home located in Middlesex County with nearby schools including Benjamin Franklin Elementary School, Herbert Hoover Middle School, and Edison High School.

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