A single-family home in Edison, New Jersey, has sold for an impressive $715,000, making it the most expensive property transaction in the area during the week of November 3-9, 2023. This sale is part of a notable uptick in residential real estate activity, with a total of 12 properties sold, resulting in an average sale price of $507,500.
The average price per square foot for these transactions stood at $377, indicating a healthy market for home buyers and sellers alike. The following homes represent the top ten transactions in Edison for the specified period, showcasing a variety of property types and price points.
Top Ten Home Sales in Edison
10. **$350,000**, 8 Macarthur Drive
A single-family home at 8 Macarthur Drive finalized its sale for $350,000. Built in 1942, the transaction was completed on October 15.
9. **$375,000**, 78 Wildwood Ave.
The detached house at 78 Wildwood Ave. was sold for $375,000. This property, constructed in 1927, had its sale finalized on October 14.
8. **$398,000**, 323 Talmadge Road
The single-family residence at 323 Talmadge Road sold for $398,000. Built in 1995, this sale also closed on October 15.
7. **$410,000**, 89 Hickory Street
The home at 89 Hickory Street was sold for $410,000. This property, built in 1952, finalized its deal on October 15.
6. **$415,000**, 1326 Waterford Drive
A condominium located at 1326 Waterford Drive has sold for $415,000. With a living area of 1,034 square feet, this unit was built in 1996 and the deal was finalized on October 16.
5. **$500,000**, 50 Riverview Ave.
The detached house at 50 Riverview Ave. sold for $500,000. Constructed in 1917 and spanning 1,298 square feet, the sale was confirmed on October 16. The price per square foot was $385.
4. **$595,000**, 27 Sheppard Place
A single-family house at 27 Sheppard Place reached a sale price of $595,000. Built in 1967, this property features 2,432 square feet of living space and closed on October 15, with a price per square foot of $245.
3. **$615,000**, 26 Moryan Road
The sale of the home at 26 Moryan Road was finalized for $615,000. Built in 1959, this house has 1,350 square feet of living area and a price per square foot of $456. The deal was completed on October 14.
2. **$617,000**, 116 Prestwick Way
The condominium at 116 Prestwick Way sold for $617,000. Constructed in 1999, this property has 1,587 square feet and was sold at a price per square foot of $389, with the deal finalized on October 14.
1. **$715,000**, 29 Wintergreen Ave. E
The top sale of the week was the single-family home at 29 Wintergreen Ave. E, which sold for $715,000. This property, built in 1983 and measuring 1,809 square feet, had a price per square foot of $395. The transaction was completed on October 15.
These figures reflect a vibrant real estate market in Edison, indicating ongoing demand in the region. As the market evolves, buyers and sellers will be closely watching trends that may shape future transactions.
