See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

24 Hillcrest Ave, Edison, NJ, 08817

4beds
2baths
1,800sqft
$649,000
$361price/sqft
$4,740/moest. monthly cost
$189,600/yrincome needed

About This Home

HIGHEST & Best DUE Tuesday 7/28. Rare two-family opportunity in a prime Edison location! Income-producing and fully rented, this property is a smart play for investors or owner-occupants looking to offset their mortgage with rental income. Both units are separately metered, keeping ownership simple and expenses clean. Outside you'll find a newly built deck and a nice yard on a lovely, highly desired street. Multi-family properties in this area rarely come available location is everything, and this one has it. Don't miss it!

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

7/10
5/10
4/10
Edison High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1952

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater(Gas),Water Heater,Unit 1(Dryer,Refrigerator,Washer)

Basement

  • Basement: Slab, Slab Only

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Unit 1(2 Bedrooms,Kitchen,Laundry Hookup,1 Bath,Living Room,See Remarks),Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)

Heating & Cooling

  • Heating features: Baseboard,Radiant
  • Cooling features: Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)

Interior Area

  • Total structure area: 1,800
  • Total interior livable area: 1,800 sqft

Property

Details

  • Parcel number: 05001610700019
  • Zoning: RB

Features

  • Stories: 2
  • Patio & porch: Patio,Deck
  • Exterior features: Patio,Deck

Lot

  • Lot size: 5,985 sqft
  • Features: Level
  • Lot size dimensions: 105.00 x 0.00

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,281$39,372
Home Insurance *$185$2,220
Property Taxes $1,076$12,912
Electricity $198$2,381
Total$4,740$56,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,514/yr
40% on housing$142,200/yr
45% on housing$126,400/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.7%
-2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$361This listing

vs Other Active Listings

Avg $/sqft

ZIP 08817$301
Middlesex County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 08817$382
Middlesex County$345

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Listed for sale$649,000
2014-06-02Listing removed$1,400
2014-04-25Price change$1,400
2014-04-11Price change$1,350
2014-03-19Price change$1,450
2013-12-07Listed for rent$1,500
2013-05-01Sold$280,000
2013-01-20Listing removed$305,000
2012-12-06Price change$305,000
2012-05-30Price change$317,000
2012-02-05Price change$329,000
2011-11-13Listed for sale$337,000
2010-12-17Listing removed$1,275
2010-01-07Listed for sale$1,275
2004-10-15Sold$310,000

For Sale by Agent

AgentVICTORIA TUDOR
BrokerageTRUE REAL ESTATE GROUP

Similar Homes