Turn-Key Potential Meets Instant Equity - Welcome to an incredible opportunity! This 5-room Ranch features great bones and a massive head start on major updates, making it the perfect addition to your portfolio or your next profitable project. While a recent inspection has revealed some structural and maintenance deficiencies the full report is available for your review. The heavy lifting on major mechanicals and cosmetics has already been tackled within the last five years. The home boasts a brand new roof, low-maintenance vinyl siding, newer windows, a newer furnace for peace of mind, and a modernized kitchen and bathroom updated within the last five years. This property is being sold strictly AS-IS, and the seller will accept cash offers or renovation financing only. The home is vacant, on lockbox, easy to show, and immediately available for a fast closing. Bring your contractor, review the report, and submit your offer today!
Single-familyProperty Type
1951Year Built
8,799 sq ftLot Size
$320Price/Sq.Ft.
1 spaceParking
Listed by PATRICK FOX JR.• AMERICAN REALTY SERVICE GROUP,
Est. $2,520 per month, based on comparable rentals
Sale and tax history for 40 Runyon Ave
Sale History
Tax History
Date
Event
Price
CJMLS #2701032R
Sep 18, 2026
Sold
$425,000
$320/sq ft
Aug 6, 2026
Contingent
—
Jul 18, 2026
Listed
$404,900
$305/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,236
$83,300 + $36,200
$119,500
2024
$7,239 (+0.5%)
$83,300 + $38,300
$121,600
2023
$7,200
$83,300 + $38,300
$121,600
2022
$7,202 (+0.3%)
$83,300 + $38,300
$121,600
2021
$7,178 (−7.0%)
$83,300 + $38,300
$121,600
2020
$7,721 (+3.9%)
$83,300 + $38,300
$121,600
2019
$7,429 (+2.5%)
$83,300 + $48,700
$132,000
2018
$7,249 (+2.2%)
$83,300 + $48,700
$132,000
2017
$7,096 (+1.9%)
$83,300 + $48,700
$132,000
2016
$6,964 (+7.1%)
$83,300 + $48,700
$132,000
2014
$6,502 (+2.8%)
$83,300 + $48,700
$132,000
2013
$6,325 (+2.4%)
$83,300 + $48,700
$132,000
2011
$6,178 (+15.2%)
$83,300 + $48,700
$132,000
2010
$5,362 (+2.8%)
$83,300 + $48,700
$132,000
2009
$5,216
$83,300 + $48,700
$132,000
Public record
Beds
—
Baths
—
Stories
1
Lot width
80 ft.
Lot depth
110 ft.
Lot size
8,799 Sq. Ft.
Year renovated
—
Sq. Ft.
1,328
Year built
1951
Style
Single Family Residential
County
Middlesex County
APN
0500816 00041
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 19, 2026.
Property details
Parking
Parking / Garage Information
Has Open Parking
Parking Features: 1 Car Width
Interior
Virtual Tour
Bathroom Information
# of Bathrooms (Full): 1
# of Bathrooms (1/2): 0
Dining Room Information
Dining Room: No
Kitchen Information
Kitchen Features: Eat-in Kitchen
Basement Information
Basement: Crawl Space
Room Information
# of Rooms: 5
Interior Features
Flooring: Carpet, Ceramic Tile, See Remarks
Stories Total: 1
Interior Features: 3 Bedrooms, None
Exterior
Exterior Features
Roof: Asphalt
Lot Information
Lot Size Acres: 0.202
Lot Size Dimensions: 110.00 x 80.00
Lot Size Area: 0.202
Lot Features: Level
Land Information
Water Source: Public
Property Information
Has Property Attached: No
Appliances: Gas Range/Oven, Microwave, Refrigerator, See Remarks, Range, Gas Water Heater
Restrictions YN: false
Building Information
Building Area Total: 1,328
Levels: One
Financial
Tax Information
Tax Year: 2025
Tax Annual Amount: $7,236
Utilities
Utility Information
Gas: Natural Gas
Sewer: Public Sewer
Utilities: Gas In Street
Heating & Cooling
Has Heating
Heating: Baseboard, Radiant, Baseboard Hotwater, Hot Water
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,328
Stories: 1.0
Lot Size: 8,799 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: —
County: Middlesex County
APN: 0500816 00041
Home facts updated by county records on Sep 18, 2026
Other
Listing Information
Age: 0
Service: Garbage Included In Tax
Transaction Type: Sale
Around this home
Schools
Washington Elementary School
Public K-5 • Assigned • 0.5mi
7/10
Thomas Jefferson Middle School
Public 6-8 • Assigned • 0.4mi
5/10
Edison High School
Public 9-12 • Assigned • 0.7mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Edison, NJ • 08817
Average low and high temperatures (°F)
36
22
40
25
57
36
65
44
72
54
83
63
87
69
82
62
78
60
68
48
56
38
41
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in Edison. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$405,000 – $490,000
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