Sold for $550,000

$550,000

48 Riverview Ave E, Edison, NJ 08817

4beds

2baths

960sqft

Multi Family

Built in 1952

-- sqft lot

$-- Zestimate^®

$573/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

Owner options

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$3,816/mo

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$3,816/mo

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What's special

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Radiators-Hot Water

Cooling

A/C Window Unit(s)

Appliances

Included: Water Heater(Gas)

Features

Unit 1(2 Bedrooms, Kitchen, 1 Bath, Den/Family Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Den/Family Room)
Basement: Full, Exterior Entry, Storage Space, Divided Use, Tenant Use, Interior Entry, Laundry Facilities

Interior area

Total structure area: 960
Total interior livable area: 960 sqft

Property

Parking

Parking features: On Street

Features

Stories: 2

Lot

Size: 5,000 Square Feet
Dimensions: 100.00 x 50.00
Features: Near Shopping, Corner Lot, Level, Near Public Transit

Details

Parcel number: 050029400000002101
Zoning: RB

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: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Edison

Financial & listing details

Price per square foot: $573/sqft
Annual tax amount: $7,226
Date on market: 8/19/2024
Ownership: Fee Simple
Lease term: Unit 2(Month-Month)
Electric utility on property: Yes

Price history

Date	Event	Price
11/1/2024	Sold	$550,000$573/sqft
Source: All Jersey MLS #2502218R Report a problem
10/10/2024	Contingent	$550,000$573/sqft
Source: All Jersey MLS #2502218R Report a problem
8/19/2024	Listed for sale	$550,000$573/sqft
Source: All Jersey MLS #2502218R Report a problem