$945,406 - $1,034,000
RENTED MAY 1, 2025

742 Grove Ave Edison, NJ 08820

6 Beds
3.5 Baths
2,765 Sq Ft
$360 Price per Sq Ft

Last Sold September 24, 2021

Last sale price $601,000 $217 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,297/month

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Formal Dining Room
  • James Madison Primary School Rated A-
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of May 2025

Welcome to this spacious split-level rental home located in highly desirable North Edison! This home features 6 bedrooms, 3.5 bathrooms, living room, family room, and an attached two-car garage for your convenience. Outside, enjoy the expansive, fenced-in backyardideal for relaxing, hosting BBQs, or simply unwinding in the fresh air. Situated just minutes from major highways, transportation, shopping, restaurants, and top-rated schools, this home offers the perfect blend of comfort, space, and location. Don't miss your chance to rent this North Edison home!

Last Agent to Rent the Property

DEIRDRE HICKEY-SEDOR

WEICHERT CO REALTORS Listed on: 03/27/2025

WEICHERT CO REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,406

Year Built

  • Built in 1970

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100x118
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home

Interior Spaces

  • 2,765 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

  • Partial Basement
  • Laundry in Basement

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • Oakland Village Sec 03 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,406

Year Built

Built in 1970

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2709
  • Lot Size: 100X118
  • Subdivision Name: Oakland Village Sec 03
  • Architectural Style: Split Level
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Multi/Split
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 1970
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Washer, Microwave Oven, Stove/Oven, Washer/Dryer, Gas Water Heater
  • Has Basement: Partial, Laundry Facilities
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: See Remarks
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl-Linoleum
  • Interior Amenities: Bath Half, Dining Room, Family Room, Entrance Foyer, Kitchen, 2 Bedrooms, Bath Full, Living Room, 4 Bedrooms, Bath Main
  • Living Area: 2765
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot, Near Shopping, Near Train

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Lot Info

  • Lot Size Sq Ft: 11800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
Skyline Realty & Management Llc
Bought by
Khan Muhammad Wasi and Akhtar Jahan
Current Estimated Value
$930,737

Purchase Details

Listed on
Aug 7, 2021
Closed on
Sep 23, 2021
Sold by
Madgula Venkata A and Madgula Madhavi
Bought by
Skyline Realty And Management Llc
Seller's Agent
Aniyan George
LOVI REAL ESTATE LLC
List Price
$601,000
Sold Price
$601,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%

Purchase Details

Closed on
May 24, 2001
Sold by
Husenaj Xhema
Bought by
Magdula Ashwat and Magdula Madhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

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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
Khan Muhammad Wasi -- --
Skyline Realty And Management Llc $610,000 Chicago Title Insurance Co
Magdula Ashwat $261,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madgula Venkata A $150,000
Previous Owner Madgula Venkata A $220,000
Previous Owner Madgula Venkata A $140,000
Previous Owner Magdula Ashwat $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $4,250 +1.2% --
03/27/2025 03/27/25 For Rent $4,200 +15.1% --
05/31/2022 05/31/22 Rented $3,650 0.0% --
05/25/2022 05/25/22 Off Market $3,650 -- --
05/08/2022 05/08/22 For Rent $3,650 0.0% --
09/24/2021 09/24/21 Sold $601,000 0.0% $217 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $601,000 -- $217 / 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
2024 $14,406 $243,300 $106,200 $137,100
2023 $14,406 $243,300 $106,200 $137,100
2022 $14,411 $243,300 $106,200 $137,100
2021 $14,362 $243,300 $106,200 $137,100
2020 $14,231 $243,300 $106,200 $137,100
2019 $13,430 $243,300 $106,200 $137,100
2018 $13,195 $243,300 $106,200 $137,100
2017 $13,074 $243,300 $106,200 $137,100
2016 $12,837 $243,300 $106,200 $137,100
2015 $12,345 $243,300 $106,200 $137,100
2014 $11,985 $243,300 $106,200 $137,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2561279M

All Jersey MLS

APN: 05-00546-29-00013