48 Riverview Avenue

Edison, NJ 08817

$550,000
Last Sold Price
Beds
960 Sq. Ft.
$573 / Sq. Ft.
960
Sq. Ft.
$573
per Sq. Ft.

Description

Discover the perfect investment opportunity or ideal home for multi-generational living in Edison! This legal 2-family gem is just what you've been searching for. The first floor unit, now vacant and ready for you, boasts 2 cozy bedrooms, a full bath, and hardwood floors. The second unit also features 2 bedrooms and a full bath, currently occupied and generating $1,250 in rental income. Both units share a spacious basement, complete with two secure storage rooms and convenient laundry facilities....Discover the perfect investment opportunity or ideal home for multi-generational living in Edison! This legal 2-family gem is just what you've been searching for. The first floor unit, now vacant and ready for you, boasts 2 cozy bedrooms, a full bath, and hardwood floors. The second unit also features 2 bedrooms and a full bath, currently occupied and generating $1,250 in rental income. Both units share a spacious basement, complete with two secure storage rooms and convenient laundry facilities. Each unit has separate utilities for added ease. Whether you're an investor, looking to live in one unit while renting the other, or seeking the perfect setup for extended family, this property offers endless possibilities. This is the first time it's available on the market, with a recently removed oil tank for added peace of mind. Don't miss out on this rare find!
  1. Listed by GLEN THOMAS • KELLER WILLIAMS ELITE REALTORS

Property Details for 48 Riverview Avenue

Zoning
RB
Year Built
1952
LISTING UPDATED: 11/04/2024 09:03 AM

Property Details for 48 Riverview Avenue

StatusClosed
MLS #2502218R
Days on Market52
Taxes$7,226 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2 Family
Year Built1952
Lot Size0.11 AC / 5,001 SF
CountyMiddlesex County

Virtual Tour

Building Information for 48 Riverview Avenue

Stories2Residences-Year Built1952Building Size-Lot Size0.11 AC / 5,001 SF

Property Information for 48 Riverview Avenue

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: On Street
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $7,226.00
  • Tax Year: 2022
  • Other Fees: $.00
Virtual Tour
Property
Lot Information
  • Building Area Total: 960.0
  • Living Area: 960.0
  • Living Area Units: Square Feet
  • Lot Features: Near Shopping, Corner Lot, Level, Near Public Transit
  • Lot Size Acres: 0.1148
  • Lot Size Area: 0.1148
  • Lot Size Dimensions: 100.00 x 50.00
  • Lot Size Square Feet: 5001.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 050029400000002101
  • Photos Count: 19
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Interior Features
  • Cooling: A/C Window Unit(s)
  • Gas: Natural Gas
  • Heating: Radiators-Hot Water
  • Heating: Yes
  • Interior Features: Unit 1(2 Bedrooms,Kitchen,1 Bath,Den/Family Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Den/Family Room)
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Postal Code: 08817
  • Postal Code Plus4: 5052
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Basement: Full, Exterior Entry, Storage Space, Divided Use, Tenant Use, Interior Entry, Laundry Facilities
  • Bathrooms Total: 0
  • Appliances: Water Heater(Gas)
  • # Heat Systems: 2
Exterior Features
  • Service: Garbage Included In Tax
  • Roof: Asphalt
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Lease Term: Unit 2(Month-Month)

Property History for 48 Riverview Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 48 Riverview Avenue

Taxable ValueLand$60,000Additions$62,000Total$122,000
Tax Record2023$7,224 ($602 / month)
Home Facts
Beds0Total Finished SqFt960 SqFtAbove Grade Finished SqFt960 SqFtStories1Lot Size5,000 SqFtStyleSingle Family ResidenceYear Built1952ZoningRBCountyMIDDLESEXAPN05 00294-0000-00021- 01

Schools near 48 Riverview Avenue

This home is within Edison Township Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Lindeneau Elementary School
PublicK to 5

Thomas Jefferson Middle School
Public6 to 8

Edison High School
Public9 to 12

Reenas Bais Yaakov
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS ELITE REALTORS, GLEN THOMAS

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/22/2024 01:25 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/22/2024 01:25 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.