$543,000
SOLD OCT 24, 2024

7 Ferris Rd Edison, NJ 08817

3 Beds
1.5 Baths
-- Sq Ft
0.43 Acres

Recently Sold

9% Above List Price

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
$573,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,505
Avg. Annual Appreciation
8.12%
Original Mortgage
$429,680
Outstanding Balance
$427,568
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$145,937

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $537,100 Fidelity National Title
Deed $537,100 Fidelity National Title
Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $429,680 New Conventional
Closed $429,680 New Conventional
Previous Owner $172,100 New Conventional
Previous Owner $171,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: All Jersey MLS

MLS Number: 2502463R

All Jersey MLS

APN: 05-01156-0000-00007