NOT LISTED FOR SALE

7 Library Place Edison, NJ 08820

Estimated Value: $756,705 - $905,000

4 Beds
2.5 Baths
2,275 Sq Ft
$376/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $485,000 $213 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,579/month

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Granite Countertops
  • James Madison Primary School Rated A-
  • Wood Flooring
  • Private Yard

About This Home

As of August 2024

Welcome to this 4 bedroom 2.5 updated, north facing split colonial!! Cathedral ceilings in living and dining room, upated kitchens and baths and a covered patio, this home has it all. Avaialble Aug 15, no pets please, credit should be over 690, NTN report is a must! Tenant pays half month rent in commission

Last Agent to Rent the Property

Alka Aneja

ON TRACK REALTY Listed on: 07/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,132

Year Built

  • Built in 1971

Lot Details

  • 7,139 Sq Ft Lot
  • Lot Dimensions are 100.00 x 0.00
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,275 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Association fees include air conditioning
  • Oakland Village Sec 05 Subdivision

Listing and Financial Details

  • Tenant pays for grounds care, all utilities, sewer, snow removal, trash collection, interior repairs, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,132

Year Built

Built in 1971

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Grounds Care, All Utilities, Sewer, Snow Removal, Trash Collection, Interior Repairs, Water

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1639
  • Lot Size: 100.00 x 0.00
  • Subdivision Name: Oakland Village Sec 05
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1971
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Partially Finished, Laundry Facilities
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Entrance Foyer, Kitchen, Bath Half, Living Room, Dining Room, Family Room, 4 Bedrooms, Bath Main, Bath Other, None
  • Living Area: 2275
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Exterior Features: Patio, Yard
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Attached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 7139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 28, 2020
Sold by
Barr Gena Robin and Last Will And Testament Of Mar
Bought by
Patel Kashyap B and Patel Purviben K
Seller's Agent
JAMES FAVILLA
DAUNNO REALTY SERVICES, LLC.
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$855,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,176
Avg. Annual Appreciation
12.17%
Original Mortgage
$388,000
Outstanding Balance
$283,692
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$571,484
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Kashyap B $485,000 Golden Title Agency Llc
Patel Kashyap B $485,000 Golden Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Kashyap B $388,000
Closed Patel Kashyap B $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Rented $4,100 -2.4% --
07/24/2024 07/24/24 Price Changed $4,200 -4.5% $2 / Sq Ft
07/03/2024 07/03/24 For Rent $4,400 0.0% --
12/31/2020 12/31/20 Sold $485,000 0.0% -- View Prior Sale
12/01/2020 12/01/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $485,000 -- --
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 $13,132 $220,600 $106,400 $114,200
2024 $13,062 $220,600 $106,400 $114,200
2023 $13,062 $220,600 $106,400 $114,200
2022 $13,066 $220,600 $106,400 $114,200
2021 $9,799 $220,600 $106,400 $114,200
2020 $12,903 $220,600 $106,400 $114,200
2019 $11,295 $220,600 $106,400 $114,200
2018 $11,548 $220,600 $106,400 $114,200
2017 $11,854 $220,600 $106,400 $114,200
2016 $11,639 $220,600 $106,400 $114,200
2015 $11,193 $220,600 $106,400 $114,200
2014 $10,867 $220,600 $106,400 $114,200
Source: Public Records

Agents Affiliated with this Home

  • Alka Aneja

    Landlord's Agent in 2024

    Alka Aneja

    ON TRACK REALTY

    (732) 586-9089

    170 in this area

    196 Total Sales

    Alka Aneja
    Section Image

  • J

    Seller's Agent in 2020

    JAMES FAVILLA

    DAUNNO REALTY SERVICES, LLC.

    1 in this area

    2 Total Sales

    JAMES FAVILLA
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2500183R

All Jersey MLS

APN: 05-00546-36-00003

New Jersey Middlesex County Edison 08820

7 Library Place, Edison, NJ

Not Listed for Sale

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