5 Newburgh Drive in Edison, NJ was first built in 1996 and is 28 years old.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a condo style.
5 Newburgh Drive has 1,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
In total, the area measurement of the land is 96 square feet.
Learn more about the property and building on this page. For those who need parking, there is a garage. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 Newburgh Drive sold most recently in Mar 31, 1997 for a total of $115,305. If you work out the math, that's approximately a cost of $109.19 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,065 in taxes each year. 5 Newburgh Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $110,700. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $65,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Learn more about the property and building on this page. For those who need parking, there is a garage. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 Newburgh Drive sold most recently in Mar 31, 1997 for a total of $115,305. If you work out the math, that's approximately a cost of $109.19 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,065 in taxes each year. 5 Newburgh Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $110,700. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $65,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
5 Newburgh Drive, Edison, NJ 08820
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. By proceeding, you agree to our Terms of Service.
