NOT LISTED FOR SALE

55 Franklin Ave Edison, NJ 08837

Estimated Value: $652,313 - $718,000

4 Beds
2.5 Baths
2,172 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $415,000 $191 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,584/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Eat-In Country Kitchen
  • Wood Flooring
  • Corner Lot
  • Side by Side Parking

About This Home

As of May 2021

Spacious Colonial located on Quiet Dead End featuring 4 Bedrooms, 2.5 Bathrooms, Living Room, Family Room, Hardwood Floors, Full Basement, Furnace 7 yrs old, AC 3 yrs old, Water Heater 2021.Nice Size Yard. Lots of Potential. Close to Major Highways, Train, Shopping. As Is Sale

Last Agent to Sell the Property

AMISHI PARIKH

COLDWELL BANKER REALTY Listed on: 03/19/2021

COLDWELL BANKER REALTY

Co-Listed By

EILEEN CAMPOS

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,354

Year Built

  • Built in 1965

Lot Details

  • 7,501 Sq Ft Lot
  • Corner Lot
  • Property is zoned RB

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,172 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Parking

  • Side by Side Parking
  • Additional Parking
  • Open Parking

Utilities

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

Community Details

  • Clara Barton Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,354

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1722
  • Lot Size: 0.00 x 0.00
  • Co List Office Mls Id: CBRB01
  • Ownership: Fee Simple
  • Subdivision Name: Clara Barton
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1965
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Country Kitchen, Eat-in Kitchen
  • Appliances: Dryer, Gas Range/Oven, Washer, Gas Water Heater
  • Has Basement: Full, Exterior Entry, Storage Space, Utility Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Parquet, Wood
  • Interior Amenities: Kitchen, Living Room, Bath Other, Dining Room, Family Room, 4 Bedrooms, Bath Main, Bath Second, Attic
  • Living Area: 2172
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 2 Car Width, Additional Parking, Asphalt

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: 7501
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 9354
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 6, 2021
Sold by
Harth William T
Bought by
Patel Mehul and Patel Kinnary
Seller's Agent
AMISHI PARIKH
COLDWELL BANKER REALTY
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$693,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,078
Avg. Annual Appreciation
12.57%
Original Mortgage
$332,000
Outstanding Balance
$301,514
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$391,564
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
Patel Mehul $415,000 Associated Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mehul $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $415,000 0.0% $191 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $415,000 -- $191 / 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 $9,775 $164,200 $80,000 $84,200
2024 $9,722 $164,200 $80,000 $84,200
2023 $9,722 $164,200 $80,000 $84,200
2022 $9,726 $164,200 $80,000 $84,200
2021 $8,803 $164,200 $80,000 $84,200
2020 $8,991 $164,200 $80,000 $84,200
2019 $8,991 $164,200 $80,000 $84,200
2018 $3,751 $164,200 $80,000 $84,200
2017 $8,577 $161,600 $80,000 $81,600
2016 $8,526 $161,600 $80,000 $81,600
2015 $7,950 $161,600 $80,000 $81,600
2014 $7,710 $161,600 $80,000 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2113786R

All Jersey MLS

APN: 05-00715-0000-00037-01