Seller's Agent in 2025
Bruce Parker
RE/MAX
(908) 755-0200
18 in this area
177 Total Sales
7 Gates Place Edison, NJ 08817
3
Beds
1
Bath
936
Sq Ft
5,306
Sq Ft Lot
Highlights
- Property is near public transit
- Wood Flooring
- Private Yard
- Edison High School Rated A-
- Attic
- Eat-In Kitchen
About This Home
As of November 2025Showings start 8/23/25 Charming 3-Bedroom Ranch with Endless Potential! This solid 3-bedroom, 1-bath ranch offers a rare opportunity to own a home in a prime Edison location all for under $400,000! Featuring hardwood floors, a full basement, and a spacious yard, this property has great bones and is ready for your vision. With some updates and repairs, you can build instant equity and make this home truly your own. The seller is motivated and will consider cash offers as well as FHA 203(k) renovation loans, making this an excellent choice for both investors and buyers willing to customize. Located just minutes from the Edison Train Station with direct connections to New York City and Philadelphia.This home offers unbeatable convenience. Shopping is right around the corner with H Mart Supermarket and 99 Cent Ranch Supermarket nearby. Homes in this price range are rare.--Don't, miss your chance! With strong bones, a fantastic location, and unlimited potential, this property will sell quickly. "As is" buyer to get Certificate of Occupancy and Smoke Certifications. This is an Estate sale. Seller will not make any repairs.Window treatments and light fixtures included. BEST AND FINAL DUE: TUES, 9/2 AT 5 P.M.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,398
Year Built
- Built in 1952
Lot Details
- 5,306 Sq Ft Lot
- Lot Dimensions are 102.00 x 51.00
- Private Yard
- Property is zoned RB
Parking
- Open Parking
Home Design
- Asphalt Roof
Interior Spaces
- 936 Sq Ft Home
- 1-Story Property
- Living Room
- Eat-In Kitchen
- Attic
Flooring
- Wood
- Parquet
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Laundry in Basement
Location
- Property is near public transit
- Property is near shops
Utilities
- No Cooling
- Forced Air Heating System
- Gas Water Heater
Community Details
- Haven Village Sec 08 Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2025
Closed on
Oct 23, 2025
Sold by
Mcaulay Eugene Michael and Mcaulay Gene
Bought by
Mrf Commercial Llc
Seller's Agent
Bruce Parker
BEST REALTY
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
153
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | First In Title Agency |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | Sold | $400,000 | +0.3% | $427 / Sq Ft |
| 08/23/2025 08/23/25 | For Sale | $399,000 | -- | $426 / Sq Ft |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $6,435 | $116,500 | $77,000 | $39,500 |
| 2024 | $6,398 | $116,500 | $77,000 | $39,500 |
| 2023 | $6,398 | $116,500 | $77,000 | $39,500 |
| 2022 | $6,400 | $116,500 | $77,000 | $39,500 |
| 2021 | $5,938 | $116,500 | $77,000 | $39,500 |
| 2020 | $6,314 | $116,500 | $77,000 | $39,500 |
| 2019 | $5,492 | $116,500 | $77,000 | $39,500 |
| 2018 | $5,574 | $116,500 | $77,000 | $39,500 |
| 2017 | $5,321 | $116,500 | $77,000 | $39,500 |
| 2016 | $6,147 | $116,500 | $77,000 | $39,500 |
| 2015 | $5,411 | $116,500 | $77,000 | $39,500 |
| 2014 | $5,239 | $116,500 | $77,000 | $39,500 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Parker
-
EVELYN LOEWENSTEIN
E
Seller Co-Listing Agent in 2025
EVELYN LOEWENSTEIN
RE/MAX
(732) 309-6658
2 in this area
2 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2602753R
APN: 05-00160-04-00021
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