NOT LISTED FOR SALE

7 Garden St S Edison, NJ 08817

Estimated Value: $566,000 - $805,000

-- Bed
-- Bath
1,080 Sq Ft
$601/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $585,000 $542 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,242/month

11 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • 2 Car Detached Garage
  • Edison High School Rated A-
  • Den
  • Baseboard Heating

About This Home

As of March 2024

Stunning two family situated on a great dead-end street, close to Highland Park and Route 1. This house is a Brick Cape Cod style with a very classic and charming appeal with a 2-car detached garage, proving parking space and storage. 1st floor features a modern and well-designed kitchen, 3 bedrooms dining room, recently redone and well-maintained, finished basement with full bath and recreation room and more.Massive private backyard with Basketball court very appealing outdoor in summer time. This is a very rare opportunity.

Last Agent to Sell the Property

Enrique Hernandez

PETRA BEST REALTY LLC Listed on: 12/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,542

Year Built

  • Built in 1948

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50.00 x 97.00
  • Street terminates at a dead end
  • Private Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Den
  • Utility Room
  • Oven or Range

Partially Finished Basement

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

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water gas), unit 2 owner pays(fuel water gas)

Community Details

Overview

  • South Edison Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,542

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Lot Size: 50.00 x 97.00
  • Ownership: Corporation
  • Subdivision Name: South Edison
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1948
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Water,Gas), Unit 2 Owner Pays(Fuel,Water,Gas)
  • Has Basement: Partially Finished, Full, Bath Full, Den, Recreation Room, Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Living Room,2+ Baths,See Remarks,Den/Family Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Living Area: 1080
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Dead-End Street, Near Public Transit
  • Exterior Features: Yard
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5001
  • Zoning: GBRB

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 9542
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2023
Closed on
Mar 6, 2024
Sold by
Tokyo Limited Llc
Bought by
Narala Naga R and Kukkala Subha J
Seller's Agent
Enrique Hernandez
PETRA BEST REALTY LLC
List Price
$550,000
Sold Price
$585,000
Premium/Discount to List
$35,000
6.36%
Views
154
Current Estimated Value
$649,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,382
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Jan 16, 2023
Sold by
Gonzalez Francisco Jose
Bought by
Tokyo Limited Llc

Purchase Details

Closed on
Feb 9, 2017
Sold by
Fornarotto Nicholas A and Fornarotto Sharon D
Bought by
Gonzalez Francisco Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Narala Naga R $585,000 Absolute Title
Narala Naga R $585,000 Absolute Title
Tokyo Limited Llc -- --
Tokyo Limited Llc -- None Listed On Document
Gonzalez Francisco Jose $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Francisco Jose $270,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $585,000 +6.4% $542 / Sq Ft
12/10/2023 12/10/23 For Sale $550,000 -- $509 / 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
2025 $9,590 $172,700 $88,500 $84,200
2024 $9,539 $161,100 $88,500 $72,600
2023 $9,539 $161,100 $88,500 $72,600
2022 $9,542 $161,100 $88,500 $72,600
2021 $9,509 $161,100 $88,500 $72,600
2020 $9,072 $155,100 $88,500 $66,600
2019 $8,570 $155,100 $88,500 $66,600
2018 $8,412 $155,100 $88,500 $66,600
2017 $8,350 $155,100 $88,500 $66,600
2016 $8,215 $155,700 $88,500 $67,200
2015 $7,900 $155,700 $88,500 $67,200
2014 $7,670 $155,700 $88,500 $67,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2406232R

All Jersey MLS

APN: 05-00313-01-00016-05