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48 Prospect Avenue

48 Prospect Avenue, Edison, NJ 08817
House in Middlesex
Sold Sep 10, 2021
$395,000
$346,500 by Mortgage Now Inc
Mortgage Due Sep 01, 2051
Sold Sep 10, 2021
$395,000
Local assessors in Edison, NJ have categorized 48 Prospect Avenue as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 6,954 square feet. The linear feet between the front and back of the lot was measured at 1,140 ft and the front of the lot was measured at 610 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 48 Prospect Avenue has a total of 1,221 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Jul 21, 2021 for $395,000. That's $323.51 per sqft. Prior to that sales transaction, the property was also sold in Jun 10, 2021 for $395,000. 48 Prospect Avenue was last assessed in 2023. The total value of the property was assessed at $133,300. Specifically, the land the property is located on was valued at $81,700. While improvements on the property were assessed at a total of $51,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,895. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,954
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,221
  • Building Area: 1,221
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,221
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PAISLEY HOMES SEC 02
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JONES MIRIAM L
  • Previous Owner : LEXICON GOVERNMENT SERVICES LLC
  • Owner Before Previous Owner: TUTERAL LAURA M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Edison Township School District
  • Census Tract: 001702

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 05
  • Parcel: 05 00161- 05-00027
  • Block: 161.05
  • Lot: 27
  • Municipality: EDISON TWP
  • Latitude: 40.5113
  • Longitude: -74.3998

    Address

  • Full Address: 48 Prospect Ave
  • Address - House Number: 48
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Edison
  • Carrier Code: C114
  • 4-Digit Zip Code: 3744
  • Zip Code: 08817

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,895

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 500,760
  • High Value: 590,927
  • Low Value: 410,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $346,500
  • First Open Lien Mortgage Lender: MORTGAGE NOW INC
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $346,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $133,300
  • Market Land Value: $81,700
  • Market Improvement Value: $51,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,300
  • Assessed Land Value: $81,700
  • Assessed Improvements Value: $51,600

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11855909524
  • Current Sale Price: $395,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021115051
  • Previous Sale Recording Date: Sep 10, 2021
  • Previous Sale Contract Date: Jun 10, 2021
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE NOW INC
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $346,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Middlesex



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Frequently Asked Questions

What neighborhood is 48 Prospect Avenue located in?
The 48 Prospect Avenue is a house located in the neighborhood of Middlesex in Middlesex, Edison.
What is the average sales price for listings in 48 Prospect Avenue?
The average sales price for units in 48 Prospect Avenue is $375,000 , or $307/sqft. currently.

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