Sold for $700,000

$700,000

120 Prospect Ave, Edison, NJ 08817

5beds

3baths

2,162sqft

Multi Family

Built in 1952

-- sqft lot

$713,800 Zestimate^®

$324/sqft

$3,633 Estimated rent

Home value

$713,800

$650,000 - $785,000

$3,633/mo

Zestimate^® history

Owner options

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$3,633/mo

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$3,633/mo

Rent Zestimate^®

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$4,754/mo

Est. payment

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$4,754/mo

Est. payment

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What's special

Large kitchenUnfinished basementCozy bedroomsDouble lot

Welcome Home to this charming two-family home, ideally located a stroll away from Edison Train station and situated on a double lot! This home offers ample space both inside and out. The 1st floor unit boasts 3 bedrooms with 1.5 baths, a large kitchen and separate eating area and is complete with an unfinished basement, perfect for storage or expansion. The 2nd floor includes 2 cozy bedrooms and a full bath. This well-maintained multi-family home is perfect for investors, multi-generational living, or an owner-occupied home that benefits from rental income.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Baseboard Hotwater

Cooling

A/C Wall Unit(s)

Appliances

Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Refrigerator)

Features

Unit 1(Dining Room, 3 Bedrooms, Kitchen, Laundry Hookup, Living Room, 1 1/2 Baths), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
Basement: Full, Bath Half, Laundry Facilities

Interior area

Total structure area: 2,162
Total interior livable area: 2,162 sqft

Property

Parking

Parking features: 1-2 Car Parking

Features

Stories: 2
Patio & porch: Patio
Exterior features: Patio, Curbs, Fencing/Wall, Yard
Fencing: Fencing/Wall

Lot

Size: 10,001 sqft
Dimensions: 100.00 x 100.00
Features: Near Train, Near Public Transit

Details

Parcel number: 0500161020003801
Zoning: GBRB

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt

Condition

Year built: 1952

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & neighborhood

Community

Community features: Curbs

Location

Region: Edison

Other

Other facts

Ownership: Fee Simple

Price history

Date	Event	Price
9/5/2025	Sold	$700,000+13.1%$324/sqft
Source: All Jersey MLS #2515228R Report a problem
7/16/2025	Contingent	$619,000$286/sqft
Source: All Jersey MLS #2515228R Report a problem
6/12/2025	Listed for sale	$619,000$286/sqft
Source: All Jersey MLS #2515228R Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,871	$172,200
2024	$9,871 +0.5%	$172,200
2023	$9,821 0%	$172,200
2022	$9,824 +0.4%	$172,200
2021	$9,786	$172,200
2020	--	$172,200
2019	$9,457	$172,200
2018	$9,457 +4.1%	$172,200
2017	$9,085 +4%	$172,200
2016	$8,737 +3%	$172,200
2015	$8,483 +3.1%	$172,200
2014	$8,224 +1%	$172,200
2013	$8,143 +1%	$172,200
2012	$8,059	$172,200