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50 Preston Street

50 Preston Street, Edison, NJ 08817
Property in Middlesex
Sold Dec 05, 2013
$260,000
Local assessors in Edison, NJ have categorized 50 Preston Street 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 18,750 square feet. The linear feet between the front and back of the lot was measured at 2,500 ft and the front of the lot was measured at 750 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 50 Preston Street has a total of 988 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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, 50 Preston Street sold most recently in Oct 28, 2013 for a total of $260,000. If you work out the math, that's approximately a cost of $263.16 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 $7,961 in taxes each year. 50 Preston Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,400. If we break it down further, the land itself was valued at $91,300. Improvements to the property, however, were assessed at a total of $43,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Parking

Attached Garage

Location

Near Public Transit
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
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 18,750
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE BOR
  • Previous Owner : ARNOLD GORDON J
  • Previous Owner 2: ARNOLD CAROL FRANCES

Neighborhood

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

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: TAX MAP 32
  • District: 05
  • Parcel: 05 00161- 20-00018- 05
  • Block: 161.20
  • Lot: 18.05
  • Municipality: EDISON TWP
  • Latitude: 40.5131
  • Longitude: -74.39

    Address

  • Full Address: 50 Preston St
  • Address - House Number: 50
  • Address - Street Name: Preston
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Edison
  • Carrier Code: C014
  • 4-Digit Zip Code: 3926
  • Zip Code: 08817

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,961

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 499,193
  • High Value: 589,079
  • Low Value: 409,308

    Market Valuation

  • Market Total Value: $134,400
  • Market Land Value: $91,300
  • Market Improvement Value: $43,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,400
  • Assessed Land Value: $91,300
  • Assessed Improvements Value: $43,100

    Sales

  • Current Sale Contract Date: Oct 28, 2013
  • Current Sale Recording Date: Dec 05, 2013
  • Current Sale Transaction ID: 1192192960
  • Current Sale Price: $260,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201312050007

    Last Sale Mortgage

  • First Mortgage Lender: UNITED TELETECH FINANCIAL FCU
  • First Mortgage Transaction Date: Dec 05, 2013
  • First Mortgage Loan Amount: $214,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2043

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Frequently Asked Questions

What neighborhood is 50 Preston Street located in?
The 50 Preston Street is a located in the neighborhood of Middlesex in Middlesex, Edison.
What is the average sales price for listings in 50 Preston Street?
The average sales price for units in 50 Preston Street is $0 currently.

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