NOT LISTED FOR SALE

54 Morgan Dr Edison, NJ 08817

Estimated Value: $560,000 - $594,000

4 Beds
2 Baths
-- Sq Ft
5,702 Sq Ft Lot

Last Sold October 30, 2023

Last sale price $495,000

Est. 16% increase in value since last sale

Current estimated payment $3,748/month

87 Days on Market

Highlights

  • Cape Cod Architecture
  • Granite Countertops
  • Side by Side Parking
  • Edison High School Rated A-
  • Interior Lot
  • Patio

About This Home

As of October 2023

Welcome to 54 Morgan Drive, beautifully renovated in 2015, this 4-bedroom, 2 full bath Cape Cod style home perfectly combines modern upgrades with classic charm. This delightful home boasts a fully finished basement, updated kitchen with stone countertop, stainless steel appliances, modern baths, and a host of features that make it a true gem in the heart of Edison. The second floor has brand new vinyl flooring. The newer roof, replaced just 2 years ago, adds an extra layer of assurance for years to come. Situated on a generous corner lot, this property offers abundant outdoor space for your enjoyment. The fully finished basement, is fully waterproofed, provides versatile space for a home office, gym, or recreation room - the possibilities are endless! Conveniently located within close distance to the train station, you'll enjoy easy access to transportation for your daily commute. Explore a variety of nearby restaurants, grab essentials at the grocery stores, and navigate major roadways with ease, simplifying your daily routines.

Last Agent to Sell the Property

Raymond Lee

BETTER HOMES&GARDENS RE MATURO Listed on: 08/04/2023

BETTER HOMES&GARDENS RE MATURO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,026

Year Built

  • Built in 1952

Lot Details

  • 5,702 Sq Ft Lot
  • Fenced
  • Interior Lot
  • Property is zoned RB

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Family Room
  • Utility Room
  • Vinyl Flooring
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Side by Side Parking
  • Open Parking

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Edison Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,026

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1309
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Edison
  • 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

  • Room Kitchen Features: Granite/Corian Countertops
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Finished, Laundry Facilities, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl-Linoleum
  • Interior Amenities: 2 Bedrooms, Bath Full, Family Room, Kitchen, None
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Interior Lot
  • Pool Features: None
  • Exterior Features: Fencing/Wall, Patio, Storage Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 2 Car Width

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • 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: 5702
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 9026
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 12, 2023
Sold by
Maione John T and Jin Liling
Bought by
Sun Xuehua and Sun Xuemei
Seller's Agent
Raymond Lee
BETTER HOMES&GARDENS RE MATURO
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Views
198
Current Estimated Value
$572,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,253
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Dec 16, 2015
Sold by
Adi Iyad
Bought by
Malone John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2015
Sold by
Bolten Steven M
Bought by
Adi Iyad
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sun Xuehua $495,000 Chicago Title
Malone John T $330,000 Chicago Title Insurance Comp
Adi Iyad $130,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malone John T $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $495,000 -0.8% --
08/04/2023 08/04/23 For Sale $499,000 -- --
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
2025 $9,072 $152,400 $84,500 $67,900
2024 $9,024 $152,400 $84,500 $67,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2401505R

All Jersey MLS

APN: 05-00152-0000-00018-01