NOT LISTED FOR SALE

55 Oliver Ave Edison, NJ 08820

Estimated Value: $874,000 - $1,118,000

4 Beds
4 Baths
2,585 Sq Ft
$397/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $817,000 $316 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,980/month

61 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Attic
  • Menlo Park Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Winter Street Park

About This Home

As of July 2022

Welcome to this beautiful updated and expansive NORTH facing sprawling ranch, located in North Edison. Home is located on a quiet street a few steps away from Winter Street Park. The home boasts plenty of space, besides the 4 large bedrooms and 4 bathrooms, this home boast's two additional rooms located on the first floor which can be used as an office space/prayer room. Additional office space in the basement. Kitchen boasts plenty of cabinet spaces. Den room has high ceilings with sky lights installed. Home has a sun drenched full finished basement with large windows. Basement has one full bathroom, possible dance studio or large recreational room. The home has a large backyard with plenty of space to entertain and also offers a stand alone Swim SPA for year round swim or just to relax. The large yard also backs up to a dead end street. Just move in and unpack! Showings begin 5/12/2022

Last Agent to Sell the Property

Neel Patel

COLDWELL BANKER REALTY Listed on: 05/12/2022

COLDWELL BANKER REALTY

Co-Listed By

JOSEPH LUISTRO

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,152

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 118.00 x 189.00
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 2,585 Sq Ft Home
  • Skylights
  • Gas Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Library
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Finished Basement Bathroom
  • Basement Storage

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Oliver Ave Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,152

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 118.00 x 189.00
  • Co List Office Mls Id: CBRB01
  • Ownership: Fee Simple
  • Subdivision Name: Oliver Ave
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Finished, Bath Full, Other Room(s), Storage Space, Utility Room
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: 1 Bedroom, 2 Bedrooms, 3 Bedrooms, Kitchen, 4 Bedrooms, Library/Office, Living Room, Dining Room, Family Room, Attic
  • Living Area: 2585
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Level
  • Direction Faces: North
  • Exterior Features: Lawn Sprinklers
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, Garage, Attached, Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Tax Info

  • Tax Annual Amount: 18152
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 13, 2022
Sold by
Der Veen Wilhelmus Van
Bought by
Magee Deborah
Seller's Agent
Neel Patel
COLDWELL BANKER REALTY
List Price
$799,999
Sold Price
$817,000
Premium/Discount to List
$17,001
2.13%
Current Estimated Value
$1,025,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,539
Avg. Annual Appreciation
7.32%
Original Mortgage
$525,000
Outstanding Balance
$493,148
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$532,391

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 4, 2022
Sold by
Deborah Magee
Bought by
Kesavan Sumesh Nair and Viswanath Veena
Seller's Agent
Neel Patel
COLDWELL BANKER REALTY
List Price
$799,999
Sold Price
$817,000
Premium/Discount to List
$17,001
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$493,148
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$532,391
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
Magee Deborah -- Fidelity National Title
Magee Deborah -- Fidelity National Title
Kesavan Sumesh Nair $825,000 Fidelity National Title
Nair Kesavan Sumesh $825,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Kesavan Sumesh $525,000
Closed Nair Kesavan Sumesh $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 For Sale $799,999 -2.1% $309 / Sq Ft
07/13/2022 07/13/22 Sold $817,000 +2.1% $316 / Sq Ft
06/02/2022 06/02/22 Off Market $799,999 -- --
05/12/2022 05/12/22 For Sale $799,999 -- $309 / 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 $18,520 $311,100 $155,200 $155,900
2024 $18,420 $311,100 $155,200 $155,900
2023 $18,420 $311,100 $155,200 $155,900
2022 $18,213 $307,500 $155,200 $152,300
2021 $17,475 $307,500 $155,200 $152,300
2020 $17,309 $307,500 $155,200 $152,300
2019 $16,630 $307,500 $155,200 $152,300
2018 $7,391 $307,500 $155,200 $152,300
2017 $15,855 $307,500 $155,200 $152,300
2016 $15,547 $307,500 $155,200 $152,300
2015 $14,957 $307,500 $155,200 $152,300
2014 $14,532 $307,500 $155,200 $152,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2213537R

All Jersey MLS

APN: 05-00557-12-00015