NOT LISTED FOR SALE

107 Gate House Ln Edison, NJ 08820

Estimated Value: $458,000 - $599,000

2 Beds
-- Bath
1,400 Sq Ft
$390/Sq Ft Est. Value

About This Home

Property Id: 1589367

Single unit property with 2 bedrooms and 2 baths around 1400 sq.ft in highly desired North Edison school district. It is a Ranch Model house and you will feel like living in a Single family house. It has two sit-out Patios with privately fenced. Completely renovated with 2 car garage with a EV charging.

Owner pays Monthly Maintenance to HOA that offers facilities like 24*7 manned security guard, Swimming Pool, Volley Ball Court, Tennis Court and Kids Play area etc.

Owner also pays premium for insurance coverage for appliances in the home, so that tenant can avail any repair requests directly.

The Unit is equipped with EV charging outlet inside the garage, tenant can avail PSEG Electric off-peak charging credits.

Min 1 year Lease term

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Holtzman Family 2007 Irrevocable Trust and Holtzman Stephen Mark
Bought by
Sundaram Thamarai Kannan Shunm and Kanchanadevi Gengavan
Current Estimated Value
$546,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$333,355
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$212,898

Purchase Details

Closed on
Sep 10, 2004
Sold by
Kimerling Charlotte
Bought by
Katz Mona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
5.89%

Purchase Details

Closed on
Aug 17, 2001
Sold by
Smith Mary Tate
Bought by
Kimerling Charlotte

Purchase Details

Closed on
Jun 4, 1999
Sold by
Lawton Maryann
Bought by
Smith Mary Tate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,900
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sundaram Thamarai Kannan Shunm $450,000 None Listed On Document
Sundaram Thamarai Kannan Shunm $450,000 None Listed On Document
Katz Mona $357,500 --
Kimerling Charlotte $250,000 --
Smith Mary Tate $209,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundaram Thamarai Kannan Shunm $337,500
Closed Sundaram Thamarai Kannan Shunm $337,500
Previous Owner Katz Mona $286,000
Previous Owner Smith Mary Tate $167,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 For Rent $3,500 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,120 $170,000 $90,000 $80,000
2024 $10,066 $170,000 $90,000 $80,000
2023 $10,066 $170,000 $90,000 $80,000
2022 $10,069 $170,000 $90,000 $80,000
2021 $9,661 $170,000 $90,000 $80,000
2020 $9,943 $170,000 $90,000 $80,000
2019 $9,194 $170,000 $90,000 $80,000
2018 $9,336 $170,000 $90,000 $80,000
2017 $8,757 $170,000 $90,000 $80,000
2016 $8,595 $170,000 $90,000 $80,000
2015 $8,269 $170,000 $90,000 $80,000
2014 $8,034 $170,000 $90,000 $80,000
Source: Public Records

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