Edison, NJ – The Edison real estate market continues to show its strength with a range of home sales this past week, demonstrating the town’s diverse housing options and consistent buyer interest. Properties sold spanned various neighborhoods and price points, from cozy condos to spacious single-family homes.
Luxury Homes Lead the Way
The high end of the market saw two impressive sales:
- 66 Ellmyer Road: This North Edison single-family home in the desirable Woodland Grove section fetched $995,000. Boasting 4 bedrooms and 2.1 bathrooms, this updated property likely attracted buyers with its modern amenities and spacious layout.
- 6 Westover Way: Located in the Stephenville section, this 6 bedroom, 4 bathroom home sold for $960,000. With ample space for a growing family, this property highlights the demand for larger homes in established neighborhoods.
Mid-Range Homes Offer Value and Variety
Several sales in the mid-range price point illustrate the variety available in Edison:
- 12 Skytop Road: This 4 bedroom, 2 bathroom North Edison home sold for $777,000.
- 3 Old Hickory Lane: A 3 bedroom, 2 bathroom single-family home in Oak Tree Gardens sold for $730,000.
- 24 Mount Pleasant Avenue: This 3 bedroom, 1 bathroom home went for $695,000.
- 14 Snowflake Lane: A 3 bedroom, 1 bathroom condo in North Meadow sold for $570,000.
Affordable Options Attract First-Time Buyers and Downsizers
Edison also offers more affordable options, particularly condos and smaller single-family homes:
- 8 Lambert Avenue: This 3 bedroom, 2 bathroom single family home sold for $460,000.
- 111 Ovington Avenue: A 2 bedroom, 1 bathroom single-family home sold for $390,000.
- 82 Sharon Avenue: This 2 bedroom, 2 bathroom condo went for $170,000.
Trends and Insights
While this is just a snapshot of the past week’s activity, it reflects some key trends in the Edison market:
- Demand Remains High: Despite economic uncertainties, buyers are still actively seeking homes in Edison across all price points.
- Location Matters: Properties in desirable neighborhoods like North Edison and established sections like Woodland Grove and Stephenville continue to command premium prices.
- Variety is Key: Edison offers a diverse range of housing options, from single-family homes to condos, catering to a wide range of buyers.
This diverse range of sales indicates a healthy and active real estate market in Edison, offering something for everyone. Whether you’re seeking a spacious family home or a more affordable condo, Edison continues to be a desirable location for homebuyers.
