NOT LISTED FOR SALE

1501 Jesse Way Unit 1501 Piscataway, NJ 08854

Estimated Value: $416,000 - $445,488

2 Beds
2 Baths
1,196 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 20, 2024

Last sale price $396,000 $331 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,859/month

27 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Interior Lot
  • Randolphville Elementary School Rated A-
  • Eat-In Kitchen
  • Entrance Foyer

About This Home

As of August 2024

Welcome home to this well - maintained 2-bedroom, 2-bathroom condo, nestled in a sought-after The Commons community just a short distance from the Edison train station. Bright and airy, the open-concept living space welcomes you. Beautiful hardwood floors, large sunken family room with wood burning fireplace with access to the brand new deck, eat-in-kitchen with stainless steel appliances. Relax in the spacious master bedroom with its own ensuite bathroom. New AC system (2023), 2-car garage as well with extra storage.

Last Agent to Sell the Property

Raymond Lee

BETTER HOMES&GARDENS RE MATURO Listed on: 04/30/2024

BETTER HOMES&GARDENS RE MATURO

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,305

Year Built

  • Built in 1995

Lot Details

  • 305

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,196 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include management fee, common area maintenance, mortgage principle + interest, maintenance structure, reserve fund, snow removal, trash, maintenance fee
  • Commons At Piscataway Subdivision

Building Details

  • Maintenance Expense $341

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,305

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Commons At Piscataway
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Entrance Foyer, 2 Bedrooms, Kitchen, Living Room, Bath Full, Bath Main, Dining Room, Family Room, None
  • Living Area: 1196
  • Stories: 2

Exterior Features

  • Lot Features: Interior Lot
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: None, Garage, Built-In Garage

Utilities

  • Gas Company: Natural Gas
  • 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
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Management Fee, Common Area Maintenance, Mortgage Principle + Interest, Maintenance Structure, Reserve Fund, Snow Removal, Trash, Maintenance Fee

Lot Info

  • Zoning: R10A

Multi Family

  • Maintenance Expense: 341

Tax Info

  • Tax Annual Amount: 6305
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jul 15, 2024
Sold by
Hong Jimmy and Hong Lucila
Bought by
Diaz Ken
Seller's Agent
Raymond Lee
BETTER HOMES&GARDENS RE MATURO
List Price
$364,900
Sold Price
$396,000
Premium/Discount to List
$31,100
8.52%
Views
143
Current Estimated Value
$431,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,622
Avg. Annual Appreciation
7.08%
Original Mortgage
$256,000
Outstanding Balance
$252,314
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$179,308

Purchase Details

Closed on
Oct 7, 2020
Sold by
Patel Seema
Bought by
Hong Jimmy and Hong Lucila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,140
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2007
Sold by
Ryu Wan Y and Ryu Heasoon Yang
Bought by
Patel Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Terenin Luci
Bought by
Ryu Wan and Ryu Heasoon Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,900
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2004
Sold by
Brown Jennifer V
Bought by
Terenin Luci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.8%

Purchase Details

Closed on
Oct 27, 1995
Sold by
The Commons At Piscataway
Bought by
Brown Jennifer and Reid Sherryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diaz Ken $396,000 Wfg National Title
Diaz Ken $396,000 Wfg National Title
Hong Jimmy $262,000 Aston Title Group Llc
Hong Jimmy $262,000 Aston Title Group
Patel Seema $285,000 Multiple
Ryu Wan $290,000 --
Terenin Luci A $270,000 --
Brown Jennifer $113,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Ken $256,000
Closed Diaz Ken $256,000
Previous Owner Hong Jimmy $254,140
Previous Owner Patel Seema $228,000
Previous Owner Ryu Wan $264,900
Previous Owner Terenin Luci A $190,000
Previous Owner Brown Jennifer $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2024 08/20/24 Sold $396,000 +8.5% $331 / Sq Ft
04/30/2024 04/30/24 For Sale $364,900 -- $305 / Sq Ft
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 $6,961 $399,500 $205,000 $194,500
2024 $6,893 $355,900 $165,000 $190,900
2023 $6,893 $329,800 $150,000 $179,800
2022 $6,305 $281,200 $110,000 $171,200
2021 $6,154 $263,200 $110,000 $153,200
2020 $5,774 $247,600 $90,000 $157,600
2019 $5,859 $247,100 $90,000 $157,100
2018 $5,629 $237,900 $90,000 $147,900
2017 $5,799 $212,100 $75,000 $137,100
2016 $5,693 $212,100 $75,000 $137,100
2015 $5,610 $212,100 $75,000 $137,100
2014 $5,472 $212,100 $75,000 $137,100
Source: Public Records

Agents Affiliated with this Home

  • Raymond Lee

    Seller's Agent in 2024

    Raymond Lee

    BETTER HOMES&GARDENS RE MATURO

    (732) 240-1228

    3 in this area

    78 Total Sales

    Raymond Lee
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Map

Source: All Jersey MLS

MLS Number: 2411235R

All Jersey MLS

APN: 17-08901-0000-00008-01-C1501

New Jersey Middlesex County Piscataway 08817

1501 Jesse Way Unit 1501, Piscataway, NJ

Not Listed for Sale

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