NOT LISTED FOR SALE

7 Ferris Rd Edison, NJ 08817

Estimated Value: $489,000 - $661,000

3 Beds
1.5 Baths
-- Sq Ft
0.43 Acres

Last Sold October 24, 2024

Last sale price $543,000

Est. 6% increase in value since last sale

Current estimated payment $3,842/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • Washington Elementary School Rated A-
  • Private Yard
  • Country Kitchen

About This Home

As of October 2024

Come see this friendly neighborhood ranch. This home features a large living room/ dining room, amazing family room with high ceilings, a fireplace, and sliders to a large deck. Nice kitchen with lots of cabinets and newer appliances. Three large bedrooms and one full bath. There is a partially finished basement with an office, half bath and additional family room. Nice yard for your enjoyment. One car attached garage.

Last Agent to Sell the Property

William Kilbride

COMPASS NEW JERSEY, LLC Listed on: 08/23/2024

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,693

Year Built

  • Built in 1957

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 152.00 x 125.00
  • Near Conservation Area
  • Southwest Facing Home
  • Level Lot
  • Irregular Lot
  • Private Yard

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Utility Room

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • Washington Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,693

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4292
  • Lot Size: 152.00 x 125.00
  • Ownership: Fee Simple
  • Subdivision Name: Washington Park
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1957
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: 1st Floor
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Country Kitchen
  • Appliances: Dishwasher, Electric Range/Oven, Gas Range/Oven, Refrigerator, Gas Water Heater
  • Has Basement: Partially Finished, Full, Bath Half, Den, Recreation Room, Utility Room, Laundry Facilities
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: 3 Bedrooms, Kitchen, Living Room, Bath Full, Bath Main, Dining Room, Family Room, None, Additional Bath
  • Stories: 1

Exterior Features

  • Lot Features: Abuts Conservation Area, Irregular Lot, Level
  • Direction Faces: Southwest
  • Exterior Features: Deck, Yard
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Asphalt, Garage, Attached, Garage Door Opener

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 18696

Tax Info

  • Tax Annual Amount: 9693
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 17, 2024
Sold by
Martinak William E and Martinak Kathryn
Bought by
Shu Na
Seller's Agent
William Kilbride
COMPASS NEW JERSEY, LLC
List Price
$499,000
Sold Price
$543,000
Premium/Discount to List
$44,000
8.82%
Views
35
Current Estimated Value
$577,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,693
Avg. Annual Appreciation
6.39%
Original Mortgage
$429,680
Outstanding Balance
$424,963
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$152,730

Purchase Details

Closed on
Sep 15, 2000
Sold by
Black John
Bought by
Martinak William and Martinak Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8%
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
Shu Na $537,100 Fidelity National Title
Shu Na $537,100 Fidelity National Title
Shu Na $537,100 Fidelity National Title
Martinak William $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shu Na $429,680
Closed Shu Na $429,680
Previous Owner Martinak William $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $543,000 +8.8% --
08/23/2024 08/23/24 For Sale $499,000 -- --
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 $9,745 $163,700 $86,700 $77,000
2024 $9,693 $163,700 $86,700 $77,000
2023 $9,693 $163,700 $86,700 $77,000
2022 $9,696 $163,700 $86,700 $77,000
2021 $9,663 $163,700 $86,700 $77,000
2020 $9,575 $163,700 $86,700 $77,000
2019 $9,213 $163,700 $86,700 $77,000
2018 $8,990 $163,700 $86,700 $77,000
2017 $8,801 $163,700 $86,700 $77,000
2016 $8,637 $163,700 $86,700 $77,000
2015 $8,306 $163,700 $86,700 $77,000
2014 $8,064 $163,700 $86,700 $77,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2502463R

All Jersey MLS

APN: 05-01156-0000-00007