NOT LISTED FOR SALE

67 Foyer St Edison, NJ 08817

Estimated Value: $640,000 - $727,315

-- Bed
-- Bath
2,170 Sq Ft
$309/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $605,000 $279 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,500/month

4 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Detached Garage
  • Edison High School Rated A-
  • Private Yard
  • Porch

About This Home

As of April 2024

Rare opportunity to own a 4 unit multi-family with a great Edison location. Live in 1 unit and rent out the other 3 or rent all 4 units for income producing cash flow. Large driveway with plenty of parking for tenants and guests. Each unit is separately metered for Electric and Gas. Unit #1 - 3 bedrooms/1 bath, Unit #2 - 2 bedrooms/1 bath, Unit #3 - 1 bedroom/1 bath, Unit #4 - 1 bedroom/1 bath. There are 3 units in main building and 1 unit in a separate private building at the end of the driveway. This multi-family is within minutes to all major highways, mass transportation, schools, shopping centers, and places of worship.

Last Listed By

Mr. Dale Goberdhan

CHRISTIES INTERNATIONAL RE GRP Listed on: 01/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,436

Year Built

  • Built in 1922

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 100.00 x 75.00
  • Private Yard

Parking

  • Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,170 Sq Ft Home
  • 3-Story Property

Finished Basement

  • Kitchen in Basement
  • Bedroom in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric gas), unit 2 owner pays(electric gas), unit 3 owner pays(electric gas), unit 4 owner pays(electric gas)

Community Details

Overview

  • New Brunswick Heights Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,436

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1102
  • Lot Size: 100.00 x 75.00
  • Ownership: See Remarks
  • Subdivision Name: New Brunswick Heights
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1922
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator), Unit 4(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Electric,Gas), Unit 2 Owner Pays(Electric,Gas), Unit 3 Owner Pays(Electric,Gas), Unit 4 Owner Pays(Electric,Gas)
  • Has Basement: Finished, Bath Full, Bedroom, Divided Use, Tenant Use, Kitchen
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 3(1 Bedroom,Dining Room,Kitchen,1 Bath,Living Room,See Remarks), Unit 4(1 Bedroom,Dining Room,1 Bath,Living Room,See Remarks)
  • Living Area: 2170
  • Stories: 3

Exterior Features

  • Lot Features: Near Shopping, Near Train, See Remarks, Near Public Transit
  • Exterior Features: Patio, Porch(es) - Open, Deck, Yard
  • Patio And Porch Features: Patio, Porch(es) - Open, Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, 4(+)Car Parking, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4800
  • Zoning: RB

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 4436
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Mar 4, 2024
Sold by
Govardhan Group Llc
Bought by
Innovest Realty Llc
Seller's Agent
Mr. Dale Goberdhan
CHRISTIES INTERNATIONAL RE GRP
List Price
$499,900
Sold Price
$605,000
Premium/Discount to List
$105,100
21.02%
Total Days on Market
4
Views
56
Current Estimated Value
$670,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,329
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Mar 26, 2021
Sold by
Hansen John C
Bought by
Govardhan Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2021
Sold by
Hansen John C
Bought by
Govardhan Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
8.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 1994
Sold by
Zeno Ann
Bought by
Fulop Ovidiu and Fulop Dalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.78%
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
Innovest Realty Llc $565,000 American Land Title
Govardhan Group Llc $351,000 All Ahead Title
Govardhan Group Llc $351,000 All Ahead Title Agency
-- $390,000 --
Fulop Ovidiu $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Govardhan Group Llc $413,000
Previous Owner Govardhan Group Llc $375,000
Previous Owner Hansen John C $200,000
Previous Owner Hansen John C $200,000
Previous Owner Hansen John C $288,339
Previous Owner Hansen John C $331,700
Previous Owner -- $331,500
Previous Owner Fulop Ovidiu $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $605,000 +21.0% $279 / Sq Ft
01/24/2024 01/24/24 For Sale $499,900 -- $230 / 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
2024 $8,840 $149,300 $59,200 $90,100
2023 $8,840 $149,300 $59,200 $90,100
2022 $4,436 $149,300 $59,200 $90,100
2021 $8,813 $149,300 $59,200 $90,100
2020 $8,733 $149,300 $59,200 $90,100
2019 $8,403 $149,300 $59,200 $90,100
2018 $8,200 $149,300 $59,200 $90,100
2017 $8,026 $149,300 $59,200 $90,100
2016 $7,877 $149,300 $59,200 $90,100
2015 $7,575 $149,300 $59,200 $90,100
2014 $7,355 $149,300 $59,200 $90,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2405005R

All Jersey MLS

APN: 05-00291-0000-00013-01