NOT LISTED FOR SALE

61 Fairview Ave Edison, NJ 08817

Estimated Value: $856,475 - $902,000

-- Bed
-- Bath
-- Sq Ft
0.42 Acres

Last Sold January 20, 2022

Last sale price $675,000

Est. 30% increase in value since last sale

Current estimated payment $5,972/month

123 Days on Market

About This Home

As of January 2022

This home is located at 61 Fairview Ave, Edison, NJ 08817 since 14 July 2021 and is currently estimated at $876,119. This property was built in 1974. 61 Fairview Ave is a home located in Middlesex County with nearby schools including John Marshall Elementary School, Thomas Jefferson Middle School, and Edison High School.

Last Agent to Sell the Property

RITA DHARIA

WEICHERT REALTORS Brokerage Phone: 732-494-6800 Listed on: 07/14/2021

Last Buyer's Agent

TRUSHA SONI

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,860

Year Built

  • Built in 1974

Lot Details

  • 0.42

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,860

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • County Name: Middlesex
  • Street Number Display: 61
  • I D: 5088747
  • Modified: 2023-01-21
  • Number Images: 1
  • Attribution Contact: 732-494-6800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 85X217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jan 16, 2022
Sold by
Chetna Patel
Bought by
Shah Pranav and Shah Sejal
Seller's Agent
RITA DHARIA
WEICHERT REALTORS
Buyer's Agent
TRUSHA SONI
WEICHERT REALTORS
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Total Days on Market
123
Current Estimated Value
$876,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,119
Avg. Annual Appreciation
8.00%
Original Mortgage
$506,250
Outstanding Balance
$470,980
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$405,139

Purchase Details

Closed on
Jan 17, 2017
Sold by
Patel Chandramani T and Patel Thakorial C
Bought by
Patel Chetna

Purchase Details

Closed on
Jun 27, 2006
Sold by
Friedman Grp Lp
Bought by
Patel Thakorial and Patel Chandramani
Source: Public Records

Range of Values:

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ICE

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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
Shah Pranav $675,000 Vintage Title Services
Patel Chetna -- None Available
Patel Thakorial $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Pranav $506,250
Previous Owner Patel Thakorlal C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $675,000 -3.6% --
11/23/2021 11/23/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $700,000 0.0% --
09/22/2021 09/22/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $700,000 -- --
Source: Garden State 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
2024 $12,860 $217,200 $88,500 $128,700
2023 $12,860 $217,200 $88,500 $128,700
2022 $12,865 $217,200 $88,500 $128,700
2021 $12,821 $217,200 $88,500 $128,700
2020 $12,704 $217,200 $88,500 $128,700
2019 $12,224 $217,200 $88,500 $128,700
2018 $11,929 $217,200 $88,500 $128,700
2017 $11,677 $217,200 $88,500 $128,700
2016 $11,459 $217,200 $88,500 $128,700
2015 $11,021 $217,200 $88,500 $128,700
2014 $10,699 $217,200 $88,500 $128,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3727702

Garden State MLS

APN: 05-00904-0000-00049