NOT LISTED FOR SALE

65 Tower Rd Edison, NJ 08820

Estimated Value: $734,000 - $1,093,000

5 Beds
3 Baths
-- Sq Ft
0.34 Acres

Last Sold August 29, 2023

Last sale price $700,000

Est. 34% increase in value since last sale

Current estimated payment $6,169/month

56 Days on Market

Highlights

  • Second Kitchen
  • Combination Dining and Living Room
  • Radiant Heating System
  • Menlo Park Elementary School Rated A
  • Family Room
  • 2-minute walk to Edison State Park

About This Home

As of August 2023

Location location. North Edison school district. close to major highways, Parks, shopping and Dining less than a mile from Metro train station. Its Two Family House. There are three levels. Apartment on First floor is on rent @$2800 per month up to 28th February 2023 and now on month to month basis while second floor is also on rent for $1700 per month since last 18 months and now on month to month lease and tenant is ready to sign one more year lease. First apartment has two levels and second apartment has one level. First apartment has 3 bedrooms.2 full bath and has huge family room. New Kitchen. It has Electric Fireplace, baseboard heat, window AC and has 1,224 S.F. Finished basement with full bath, Recreation Room, Utility Room. Apartment on second floor has also 1224 S.F with two Bedroom and one full Bath. Both car garage is with first floor Unit. Legally Two Family.

Last Agent to Sell the Property

Rubina Ghanchi

REALMART REALTY LLC Listed on: 03/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,535

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150.00 x 100.00
  • Property is zoned RB

Parking

  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • Menlo Park Homestead Ass Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,535

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3444
  • Lot Size: 150.00 x 100.00
  • Ownership: Fee Simple
  • Subdivision Name: Menlo Park Homestead Ass
  • Architectural Style: Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1965
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dryer, Gas Range/Oven, Refrigerator, See Remarks, Washer, Gas Water Heater
  • Has Basement: Finished, Bath Full, Interior Entry, Exterior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: See Remarks
  • Interior Amenities: 3 Bedrooms, Bath Full, Family Room, Kitchen, 2 Bedrooms, Kitchen Second, None
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: None
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: Wall Unit(s), Window Unit(s), See Remarks
  • Heating: Radiant, See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 15002
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 14535
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Aug 22, 2023
Sold by
65 Tower Llc
Bought by
Ppm Associates Llc
Seller's Agent
Rubina Ghanchi
REALMART REALTY LLC
List Price
$730,000
Sold Price
$700,000
Premium/Discount to List
-$30,000
-4.11%
Views
125
Current Estimated Value
$937,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,828
Avg. Annual Appreciation
15.26%
Original Mortgage
$500,000
Outstanding Balance
$379,609
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$558,219

Purchase Details

Closed on
Aug 19, 2019
Sold by
Penny Barbara
Bought by
65 Tower Llc

Purchase Details

Closed on
Jul 16, 1996
Sold by
Bonomolo Frank
Bought by
Penny Barbara and Lyszczasz Mary

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
8.37%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ppm Associates Llc $700,000 Old Republic National Title
Ppm Associates Llc $700,000 Old Republic National Title
65 Tower Llc $620,000 Foundation Title Llc
Penny Barbara $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ppm Associates Llc $500,000
Previous Owner Penny Barbara $117,600
Previous Owner Penny Barbara M $230,000
Previous Owner Penny Barbara $202,981
Previous Owner Penny Barbara $215,000
Previous Owner Penny Barbara $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $700,000 -4.1% --
03/30/2023 03/30/23 For Sale $730,000 0.0% --
02/25/2022 02/25/22 Rented -- -- --
01/18/2022 01/18/22 For Rent $2,800 0.0% --
08/26/2021 08/26/21 Rented -- -- --
07/27/2021 07/27/21 Under Contract -- -- --
07/10/2021 07/10/21 For Rent $2,800 -3.4% --
12/30/2020 12/30/20 Rented -- -- --
12/30/2020 12/30/20 For Rent $2,900 -- --
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 $14,609 $245,400 $108,500 $136,900
2024 $14,530 $245,400 $108,500 $136,900
2023 $14,530 $245,400 $108,500 $136,900
2022 $14,535 $245,400 $108,500 $136,900
2021 $14,486 $245,400 $108,500 $136,900
2020 $14,353 $245,400 $108,500 $136,900
2019 $11,956 $216,600 $108,500 $108,100
2018 $11,747 $216,600 $108,500 $108,100
2017 $11,639 $216,600 $108,500 $108,100
2016 $11,428 $216,600 $108,500 $108,100
2015 $10,990 $216,600 $108,500 $108,100
2014 $10,670 $216,600 $108,500 $108,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2310331R

All Jersey MLS

APN: 05-00662-0000-00005-01