NOT LISTED FOR SALE

12 Gate House Ln Unit 12 Edison, NJ 08820

Estimated Value: $563,910 - $622,000

2 Beds
2.5 Baths
1,486 Sq Ft
1,694 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Woodbrook Elementary School Rated A
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of July 2023

Welcome home to this beautiful EAST FACING townhouse in A GATED community. Desirable Park Gate complex at the end of cul-de-sac location and steps away from pool with water fall and hot tub, tennis court and play ground.24 hours security, convenient to NY transportation (METRO PARK & METUCHEN). New Patio Deck, New Blinds, Smart Switches operated by bluetooth, Upgraded windows, Finished Hard wood Flooring. Eat in Kitchen offers updated cabinets, granite countertops stainless steel appliances and under sink filteration system for drinking water. 2 Story open foyer with updated ceramic tiles. Updated master bath and powder room. Master suite offers an office space and closet with cedarwood lining. Huge deck off of the great room perfect for entertaining! Great location in the development!

Last Agent to Rent the Property

UMANG BAID

EXP REALTY, LLC Listed on: 06/04/2023

EXP REALTY, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,781

Year Built

  • Built in 1983

Lot Details

  • 1,694

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,486 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, hot water, water

Community Details

Overview

  • Association fees include maintenance fee
  • Gate House Lane Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,781

Year Built

Built in 1983

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Hot Water, Water

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0389
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Gate House Lane
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1983
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Electric Range/Oven, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Washer, Stove/Oven, Microwave Oven, Washer/Dryer, Kitchen Exhaust Fan, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Kitchen, Living Room, 2 Bedrooms, Bath Half, Bath Main
  • Living Area: 1486
  • Stories: 2

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Attached

Utilities

  • Gas Company: Natural Gas
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 1694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2018
Sold by
Tandon Mohit Vijay and Tandon Milli M
Bought by
Panchal Piyush and Panchal Pooja
Current Estimated Value
$599,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,800
Outstanding Balance
$324,048
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$275,430

Purchase Details

Closed on
Jul 23, 2009
Sold by
Berse Douglas and Eppler Marguerite
Bought by
Tandon Mohit Vijay and Tandon Milli M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1997
Sold by
Kahn Herbert
Bought by
Berse Douglas

Purchase Details

Closed on
Mar 22, 1994
Sold by
Israeli Susan
Bought by
Kahn Herbert and Kahn Carole
Source: Public Records

Range of Values:

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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
Panchal Piyush $412,000 Fidelity Natl Title Ins Co
Tandon Mohit Vijay $328,500 Stewart Title Guaranty Co
Berse Douglas $182,500 --
Kahn Herbert $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panchal Piyush $370,800
Previous Owner Tandon Mohit Vijay $262,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2023 07/04/23 Rented $3,200 0.0% --
06/04/2023 06/04/23 For Rent $3,200 -- --
Source: All Jersey MLS

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 $8,781 $147,500 $70,000 $77,500
2024 $8,733 $147,500 $70,000 $77,500
2023 $8,733 $147,500 $70,000 $77,500
2022 $8,736 $147,500 $70,000 $77,500
2021 $8,382 $147,500 $70,000 $77,500
2020 $8,627 $147,500 $70,000 $77,500
2019 $7,977 $147,500 $70,000 $77,500
2018 $8,101 $147,500 $70,000 $77,500
2017 $7,605 $147,500 $70,000 $77,500
2016 $7,458 $147,500 $70,000 $77,500
2015 $7,174 $147,500 $70,000 $77,500
2014 $6,971 $147,500 $70,000 $77,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2313054R

All Jersey MLS

APN: 05-00593-0000-00050-0000-C0012