8 Phillip Dr Edison, NJ 08820
Estimated Value: $886,000 - $1,134,000
4
Beds
3
Baths
2,630
Sq Ft
$390/Sq Ft
Est. Value
About This Home
This home is located at 8 Phillip Dr, Edison, NJ 08820 and is currently estimated at $1,024,740, approximately $389 per square foot. 8 Phillip Dr is a home located in Middlesex County with nearby schools including Martin Luther King Elementary School, John Adams Middle School, and J.P. Stevens High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 10, 2008
Sold by
Reis Victor M and Reis Elizabeth E
Bought by
Karangutkar Vishal and Rajan Salima
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$272,812
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$751,928
Purchase Details
Closed on
Sep 15, 1996
Sold by
Wilmers Steven
Bought by
Reis Victor and Reis Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.9%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karangutkar Vishal | $550,000 | Lawyers Title Insurance Corp | |
| Reis Victor | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Karangutkar Vishal | $417,000 | |
| Previous Owner | Reis Victor | $168,000 |
Source: Public Records
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 | $17,418 | $292,600 | $116,500 | $176,100 |
| 2024 | $17,325 | $292,600 | $116,500 | $176,100 |
Source: Public Records
Map
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