$850,000
●
House -
For Sale
5 McKinley Street
Edison, NJ 08820
3 Beds
2 Baths,
1
Half Bath
1,562 Ft²
$5,132
Est. Monthly
About This Property
Welcome to this beautifully updated and move-in ready 3-bedroom,
2.5-bathroom home located in the highly desirable North Edison
neighborhood, known for its top-rated schools and convenient
location. This North facing house is filled with natural
sunlight throughout the day! This amazing updated home features a
renovated kitchen with stainless steel appliances, quartz
countertops, and new backsplash. The spacious layout includes a
large living room, dining area, family room, and a fully finished
basement with a full bathroom for additional
recreation/entertainment space. Enjoy a huge serene backyard
with ample space and perfect for relaxing, gardening, and
entertaining. The property also has a 1-car garage and double-wide
driveway. Major updates include a new HVAC system and water
heater replaced in 2025. House also is part of New
Jersey's Home Performance with "ENERGY STAR program".
Conveniently located near shopping, transportation, restaurants,
and major commuter routes.
Unit Size
1,562 Ft²
Days on Market
133 days
Land Size
0.24 acres
Price per sqft
$544
Property Type
House
Property Taxes
$958
HOA Dues
-
Year Built
1979
Listed By
HEMANT PATEL
KELLER WILLIAMS ELITE REALTORS
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 27 days ago (CJMLS #2616951R)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2026 | Relisted | $850,000 | |
| Relisted | |||
| Aug 9, 2026 | In contract | - | |
| In contract | |||
| Jul 19, 2026 | Price Decreased |
$865,000
↓ $15K
(1.7%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by KELLER WILLIAMS ELITE REALTORS | $880,000 | |
| Listed by KELLER WILLIAMS ELITE REALTORS | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Asphalt, Garage, Attached, Detached, Driveway, Paved, 2 Car Width, Built-In Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Entrance Foyer, Bath Half, Family Room, Kitchen, Living Room, Dining Room, 3 Bedrooms, Bath Full
Appliances: Dishwasher, Dryer, Gas Range, Exhaust Fan, Microwave, Refrigerator, Range, Washer, Exhaust Fan, Gas Water Heater
Flooring Type: Ceramic Tile, Vinyl, Wood
Rooms: 5
Basement: Finished, Storage Space, Bath Full, Recreation Room, Utility Room, Laundry Facilities
Exterior Details
Square Footage: 1562
Architectural Style: Split Level
Year Built: 1979
Building Area Total: 1562
Levels: One, Three Or More, Multi/Split
Other Structures: Shed(s)
Patio and Porch Features: Patio, Enclosed
Lot Features: Level, Near Shopping, Near Train
Lot Size Area: 10415
Lot Size Units: Square Feet
Lot Size Acres: 0.2391
Lot Size Square Feet: 10415
Lot Size Dimensions: 112.00 x 93.00
Water Source: Public
Financial Details
Tax Annual Amount: $11,493
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
Condo/Coop Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Middlesex
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Listed by: HEMANT PATEL
KELLER WILLIAMS ELITE REALTORS
Last Updated: 27 days ago
Data Source: CJMLS , MLS# 2616951R
KELLER WILLIAMS ELITE REALTORS
Last Updated: 27 days ago
Data Source: CJMLS , MLS# 2616951R
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017