CCertihomes
40 Runyon Avenue, Edison, NJ 08817

$404,900

3 beds 1 baths 1,328 sqft Built 19510 days on marketActive

About this home

Investor and contractor opportunity not to be missed! Turn-Key Potential Meets Instant Equity - Perfect Investor or Contractor Special. 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 deficienciesthe full report is available for your reviewthe 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!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$4,087/mo

Real estate (PITI + HOA + PMI)
$3,779
Principal + interest$2,608
Property tax + insurance$1,019
PMI / 2nd mortgage$152
Utilities
$469
Heating + cooling$80
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$143
$4,087/mo TLC
Budget$5,000/mo
Remaining after TLC$913/mo
Purchase price
$404,900
Down payment
$20,245 (5%)
Loan amount
$384,655
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Ranch
Year built
1951
Lot size
0.202 ac
Stories
1
Heating
Baseboard, Radiant, Baseboard Hotwater, Hot Water
Cooling
None
Water
Public
HOA
Annual tax
$7,236
MLS #
2701032R
County
Middlesex

At a glance

Basement

Home features

Appliances
Gas Range/OvenMicrowaveRefrigeratorRangeGas Water Heater
Interior
3 BedroomsNone
Parking
1 Car Width
Kitchen
Eat-in Kitchen
Flooring
Carpet, Ceramic Tile, See Remarks
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Level

Neighborhood — 08817

MetricThis ZIPCountyUSA
Population46,0878,832,837299,088,112
Population Change Since199017.00%14.00%20.00%
Population Density4,5081,137
Male22,6674,307,827147,432,321
Female23,4204,525,010151,655,844
Never Married10,1781,965,81163,775,926
Married20,3243,647,435123,120,365
Separated1,718391,23912,639,686
Widowed2,208515,17215,467,586
Divorced2,678529,39323,075,029
Number Of House Hold16,9893,167,345111,826,380
Average House Hold Size2.702.732.60
Medial Age35.5137.1535.46
Median House Hold Income$70,549$63,392$48,276
Average House Hold Income$80,178$83,312$63,629
P C I$29,712$30,662$24,529
M D I$57,581$52,505$41,133
A T H E$60,515$61,369$50,898
S T R7.00%7.00%
W C J78.01%81.02%77.74%
(Zip) Code
8817

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →

Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 7/18/2026. Provided courtesy of AMERICAN REALTY SERVICE GROUP, INC. via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.