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Sold for $517,000
  • $517,000

    47 Fayette St, Edison, NJ 08817

    4beds
    2baths
    --sqft
    Multi Family
    Built in 1932
    -- sqft lot
    $653,500 Zestimate®
    $--/sqft
    $2,692 Estimated rent

    Home value

    $653,500

    $614,000 - $699,000

    $2,692/mo

    Zestimate® history
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    $2,692/mo

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    $3,537/mo

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    What's special

    Legal 2-Family house that is perfect for Investors OR owner occupant who can live in one and rent the other unit. Unit-1 has 1 BR, LR, Bath and access to Basement. The basement has a washer/dryer and finished recreation room. Unit-1 is accessed through the side entrance. Unit-2 consists of 2nd Fl and Attic. It with two bedrooms, Living room, kitchen and full bath with easy access to the attic which has additional two rooms. Access to the 2nd floor is from the front door. The house is minutes to Edison train station, Rutgers University, Route 1, Turnpike and Shopping centers. Home is being sold AS IS. First Floor Tenants are vacating on Dec 1st 2023. The rent for 1st Floor is 1500$. The 2nd Floor Tenant is on month-to-month lease for 1650$ per month. Garage is being rented for 250$ per month.

    Zillow last checked:

    Listing updated:

    Listed by:

    MOHAMMAD ALI,

    LEGACY REALTY GROUP 732-744-0400

    Source: All Jersey MLS,MLS#: 2403680RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Radiators-Steam
    Cooling
    • A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
    Appliances
    • Included: Water Heater(Electric), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator)
    Features
    • Unit 1(1 Bedroom, Kitchen, Laundry Hookup, 1 Bath, Living Room), Unit 2(1 Bedroom, 2 Bedrooms, Kitchen, 1 Bath, Living Room)
    • Basement: Finished, Other Room(s), Utility Room
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Carport, Garage, Detached, 4(+)Car Parking
    • Garage spaces: 1
    • Has carport: Yes
    Accessibility
    • Accessibility features: Unit 2 Accessibility Features
    Features
    • Stories: 2
    Lot
    • Size: 3,700 sqft
    • Dimensions: 100.00 x 37.00
    • Features: Near Shopping, Near Train
    Details
    • Parcel number: 0022700000000901

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1932

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities

    Community & neighborhood

    Location
    • Region: Edison

    Other

    Other facts
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/28/2025Listing removed$2,400
    Source: All Jersey MLS #2561205M Report a problem
    5/2/2025Price change$2,400-4%
    Source: MoreMLS #22507253 Report a problem
    4/8/2025Price change$2,500-2%
    Source: MoreMLS #22507253 Report a problem
    3/15/2025Listed for rent$2,550+54.5%
    Source: All Jersey MLS #2561205M Report a problem
    1/25/2024Sold$517,000+7.9%
    Source: All Jersey MLS #2403680R Report a problem
    11/10/2023Contingent$479,000
    Source: All Jersey MLS #2403680R Report a problem
    11/5/2023Listed for sale$479,000-3.2%
    Source: All Jersey MLS #2403680R Report a problem
    3/14/2023Listing removed--
    Source: All Jersey MLS #2306609R Report a problem
    12/9/2022Listed for sale$495,000+27.6%
    Source: All Jersey MLS #2306609R Report a problem
    9/23/2022Sold$387,900-5.4%
    Source: GSMLS #3795882 Report a problem
    9/23/2022Contingent$410,000
    Source: GSMLS #3795882 Report a problem
    7/14/2022Listed for sale$410,000+28.9%
    Source: GSMLS #3795882 Report a problem
    5/12/2021Sold$318,000-3.6%
    Source: Public Record Report a problem
    1/19/2021Pending sale$329,900
    Source: RE/MAX International #2110370 Report a problem
    1/19/2021Listed for sale$329,900
    Source: RE/MAX International #2110370 Report a problem
    1/19/2021Pending sale$329,900
    Source: RE/MAX Diamond, Realtors #2110370 Report a problem
    1/18/2021Contingent$329,900
    Source: All Jersey MLS #2110370 Report a problem
    1/2/2021Listed for sale$329,900+30.4%
    Source: RE/MAX DIAMOND, REALTORS #2110370 Report a problem
    6/17/2018Listing removed$1,650
    Source: Owner Report a problem
    6/16/2018Listed for rent$1,650
    Source: Owner Report a problem
    5/25/2018Sold$253,000-2.3%
    Source: Public Record Report a problem
    4/18/2018Pending sale$259,000
    Source: NEXTAGE M3 REALTY #1807741 Report a problem
    1/17/2018Price change$259,000-3.7%
    Source: NEXTAGE M3 REALTY #1807741 Report a problem
    1/5/2018Listed for sale$269,000+1.5%
    Source: NEXTAGE M3 REALTY #1807741 Report a problem
    12/1/2017Listing removed$265,000
    Source: NEXTAGE M3 REALTY #1807741 Report a problem
    10/29/2017Listed for sale$265,000+103.8%
    Source: NEXTAGE M3 REALTY #1807741 Report a problem
    12/21/2001Sold$130,000+30%
    Source: Public Record Report a problem
    9/30/1996Sold$100,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,913 +1.8%$120,600 +1.8%
    2024$6,792 +0.5%$118,500
    2023$6,758 +5.6%$118,500 +5.6%
    2022$6,401 +0.4%$112,200
    2021$6,376 $112,200
    2020-- $112,200
    2019$5,949 $112,200
    2018$5,949 +0.5%$112,200
    2017$5,920 +4%$112,200
    2016$5,693 +3%$112,200
    2015$5,527 +3.1%$112,200
    2014$5,359 +1%$112,200
    2013$5,306 +1%$112,200
    2012$5,251 +5.4%$112,200
    2011$4,983 +2.6%$112,200
    2010$4,858 +4.5%$112,200
    2009$4,647 $112,200
    2008-- $112,200
    2007$15,441 +1.2%$112,200
    2006$15,252 +2.6%$112,200
    2005$14,866 $112,200
    2004-- $112,200
    2003-- $112,200
    2002-- $112,200
    2001-- $112,200

    Find assessor info on the county website

    Neighborhood: Haven Homes

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $653,500
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    Estimated market value
    $653,500