40 Freeman Ave
Edison, NJ 08820
Menlo Park- 3 Beds
- 1 Bath
- 5,742 sqft (on 0.81 acres)
3 Beds
1 Bath
5,742 sqft
(on 0.81 acres)
Home Value
Trulia Estimate
$1.55MSince last month
Increased$45K (+3%)Since last year
Increased$71K (+4.8%)Since last sale
Increased$1M (+557.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +88% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.55M |
| July 2026 | $1.5M |
| June 2026 | $1.55M |
| May 2026 | $1.52M |
| April 2026 | $1.45M |
| March 2026 | $1.45M |
| February 2026 | $1.42M |
| January 2026 | $1.45M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.00 | Multi-Family Home | $710,000 | 11/07/25 | 4 | 2 | 1,056 | |
0.96 | Multi-Family Home | $647,551 | 06/19/26 | 2 | 2 | 1,280 | |
1.13 | Multi-Family Home | $880,000 | 07/27/26 | 6 | 3 | 2,000 | |
1.51 | Multi-Family Home | $750,000 | 04/17/26 | 5 | 3 | 2,244 | |
1.72 | Multi-Family Home | $980,000 | 07/14/26 | 6 | 2 | 2,350 | |
1.81 | Multi-Family Home | $200,000 | 01/15/26 | 1 | 1 | 740 | |
1.91 | Multi-Family Home | $682,000 | 01/07/26 | 4 | 2 | 1,536 | |
2.16 | Multi-Family Home | $750,000 | 07/17/26 | 4 | 2 | 1,656 | |
1.19 | Multi-Family Home | $8,087,500 | 12/09/25 | 36 | 36 | 36,092 | |
2.63 | Multi-Family Home | $580,000 | 01/28/26 | 4 | 2 | 1,700 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.12 | $950,000 | 3 | 2 | 1,500 | Recently Sold | |
0.11 | $1,422,600 | 5 | 3 | 3,198 | Off Market | |
0.13 | $1,755,600 | 5 | 6.5 | 5,050 | Off Market | |
0.17 | $964,200 | 4 | 2.5 | 2,195 | Off Market | |
0.16 | $749,400 | 3 | 1.5 | 1,500 | Off Market | |
0.19 | $896,400 | 3 | 3 | - | Off Market | |
0.20 | $800,000 | 3 | 2.5 | 1,534 | Recently Sold | |
0.19 | $1,169,900 | 4 | 2.5 | 2,458 | Off Market | |
0.27 | $1,021,700 | 4 | 2.5 | 2,196 | Off Market | |
0.24 | $935,000 | 4 | 3 | 2,537 | Recently Sold | |
0.27 | - | 2 | 2.5 | 3,300 | Off Market | |
0.28 | $762,900 | 2 | 3 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1969
Lot Size
0.81 acres
Living Area
5,742 sqft
Price/Sqft
$270
About this House
LUXURY RENTAL - IMMACULATE & SUPER SPACIOUS *2,200 SQ FT APPROX. - HARDWOOD FLRS- LR/DR COMBO IS HUGE! - LARGE EIK W/CENTER ISLAND - PRIVATE WASHER/DRYER - BEAUTIFUL DEAD END STREET - ALL UTILITIES INCLUDED IN RENT! CONVENIENT TO JFK, TRAIN STATION, MALLS, ALL MJR RDS! RENTS INCLUDES UTILITIES. NO PETS
40 Freeman Ave, Edison, NJ 08820 is a 3 bedroom, 1 bathroom, 5,742 sqft multi-family in Menlo Park, built in 1969. It last sold for $235,000 on Oct 6, 1995. More recently, it was listed as a rental in July 2019 with an asking price of $2,600 per month. That rental listing was removed on November 7, 2019. It is currently off market. The Trulia Estimate is $1,550,100, with a rent estimate of $2,415/month.
Home Details for 40 Freeman Ave
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Heating & Cooling Heating: Baseboard, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Hardwood |
Interior Details Types of Rooms: Dining Room |
Appliances & Utilities DishwasherRefrigerator |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: Multi Family |
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Exterior Home Features Exterior: Brick |
Parking & Garage Parking Spaces: 2 |
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Units in Building: 2 |
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Lot Area: 0.81 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 7, 2019 Source: Agent Provided | ListingRemoved | $2,490 |
Aug 28, 2019 Source: Agent Provided | PriceChange | $2,490 Price decreased by 4% |
Jul 26, 2019 Source: Agent Provided | Listed For Rent | $2,600 |
Apr 11, 2016 Source: Agent Provided | ListingRemoved | $2,500 |
Mar 17, 2016 Source: Agent Provided | Listed For Rent | $2,500 |
Oct 6, 1995 Source: N/A | Sold | $235,000 |
Jan 5, 1994 Source: N/A | Sold | $415,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $22,980 | $400,900 |
Home facts updated by county records
Market trends in Edison
Last updated July 2026
Avg. sale price
$573K
$7KMoM
Sale-to-List Price
100.8%
Price per sq ft
$394
$3MoM
Available listings
322
3MoM
Around this home
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Frequently asked questions about 40 Freeman Ave
- What is 40 Freeman Ave estimated to be worth?Trulia's estimated value for 40 Freeman Ave in Edison, NJ is $1,550,100.
- What is the price history for 40 Freeman Ave?40 Freeman Ave in Edison, NJ last sold for $235,000 in October 1995.
- Is Edison a buyer's or seller's market?Edison is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Edison?The median sale price in Edison is $573K. That is up $7K from the prior month.
- Does 40 Freeman Ave have air conditioning?Yes, 40 Freeman Ave in Edison, NJ has air conditioning.
- Does 40 Freeman Ave have parking?Yes, 40 Freeman Ave in Edison, NJ has on-site parking.

