Appraisal In Edison - 5 minutes read
Edison, New Jersey is the location of the township. It is a major business center within the Raritan Valley. It is an important business and commercial center and houses Little India and Menlo Park Mall. Furthermore, it is part of the New York metropolitan area.
The Thomas Alva Edison Memorial Tower was constructed in Edison, New Jersey in his memory. The 118-foot-tall structure incorporates Edison's inventions and inventions, including the first light bulb he invented. Located on the site of the lab where he developed his first light bulb made of incandescent, the tower is one of the most prominent landmarks in New Jersey.
The National Register of Historic Places listed the tower as it was built in 1937. The tower's top houses a Py-rex glass globe-shaped lightbulb that is 14 feet tall The lightbulb has been adjusted to look like the original bulb.
Thomas Edison was not only one of the greatest He was also a prolific inventor. The lab that created the incandescent lightbulb was located in Menlo Park (New Jersey) at the Thomas Edison State Park.
Although the lab is a way back in history, you can still visit it today. It is located within Menlo Park near the Metropark Train Station. It covers 37 acres. This link gives additional details.
Cypress Brewing Co.
Cypress Brewing Company is a small local brewery located in central New Jersey. Its main location is on Nixon Lane in Edison. The brewery serves a fantastic selection of craft beers, certain of them made with locally sourced ingredients. They have a tasting area that is stocked with two high tops, a few tables, and a bar. They also provide take-out and delivery.
Cypress isn't new to the beer scene as evidenced by their partnerships in Lakewood, NJ with Bolero Snort, and Carlstadt, NJ. Since its founding Cypress has been able to make a mark on the local brewing scene and was recognized as one of the most promising new breweries in the state.
Rutgers Ecological Reservation is an ecological area of 316 acres situated within Edison, New Jersey. It was conceived as a means to protect the natural ecological features of the land, as well as serve as a resource for education for the university as well as its neighboring communities.
If you're wanting to take advantage of the great outdoors during the winter months, the Rutgers Go Outdoors program offers snowshoeing throughout the Preserve. There is also an organized tour of the museum that houses more than 120 pieces.
The median price for sales of Edison homes in the 12 months ending May 31 was $450,000. This was a little lower than the previous figure of $470,000. This was mainly because of the recent increase in mortgage rates. However, the number of houses sold in the town remained largely the same, with the same number of homes sold as last year.
One of the biggest and most populous towns in New Jersey, Edison is an affluent suburb within New York City. It's located 35 miles southwest of Midtown Manhattan. A major transportation corridor that is the New Jersey Turnpike is only a few miles away. Interstate 287 runs through the area.
The Edison, New Jersey housing market had similar prices and sales growth over the 12 months that ended May 31. This was a seller's market.
Experts believe that sales will accelerate in the coming months even though they're slower than the previous year. The housing market may be delayed due to economic uncertainty.
The housing market is under pressure, with a supply of homes that is 2.4 months ahead of the rate of sales. A healthy housing market typically has between 4 and 5 months of inventory. This is a slow rate of price growth.
Edison, New Jersey, is located in Middlesex County. It's approximately 35 miles to the southwest of Midtown Manhattan. Edison is home to about 107,000 residents. Most of them are white, with just 9 percent of the population being black, and the remaining twelve percent Hispanic. There is a public school system located in Edison that is home to 16,500 pupils.
Author : Alek Petreski
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With its team of experienced and top-notch local appraisers, the New Jersey Real Estate Appraisal Group has risen to the top of its industry by providing excellent customer service and fast, reliable, competent, detail-oriented, and affordable appraisals. We are a family-owned residential real estate appraisal firm in New Jersey that provides appraisals for divorce settlements, estate, and date of death valuations, bankruptcies, pre-listing appraisals, pre-purchase appraisals, FSBOs, PMI removal appraisals, pre-foreclosures, short sales, and tax assessment appeals.
Our Chief Appraiser, Aleksandar (Alek) Petreski, is an NJ Certified Real Estate Appraiser, Federal Housing Authority-approved appraiser with over 25 years of experience and over 21,383 appraisals to his credit.
Alek Petreski is considered one of the top appraisers in New Jersey. He’s also a licensed realtor, consultant, investor, regular contributor, and speaker to various real estate offices in New Jersey.
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1789 Rt.27 #117, Edison, NJ 08817
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