NOT LISTED FOR SALE

1601 Jesse Way Unit 1601 Piscataway, NJ 08854

Estimated Value: $417,000 - $480,000

2 Beds
2 Baths
1,196 Sq Ft
$378/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $405,000 $339 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,979/month

79 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Formal Dining Room
  • Randolphville Elementary School Rated A-
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of January 2024

Completely renovated 2-bedroom, 2-bath townhouse with a 2-car garage near Edison Train Station. Sun-drenched second-floor unit in a beautiful community. Highlights include a roomy master bedroom with an en-suite bath, a cozy wood-burning fireplace, a bright dining room, a sunken living room, and a private balcony with serene views. This quiet neighborhood offers a maintenance-free landscape. Enjoy a two-car attached garage with direct access. Conveniently located near the NY train, shopping, Rutgers University, restaurants, and more. Move-in ready - see it, unpack, and make it your own! *** ALL OFFER TO BE SUBMITTED BY Wednesday 10/25 AT 2PM.

Last Agent to Sell the Property

Jasmine Tsui

WEICHERT CO REALTORS Listed on: 10/20/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,123

Year Built

  • Built in 1995

Lot Details

  • 305

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,196 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Formal Dining Room
  • Storage
  • Utility Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance structure, snow removal, trash
  • Commons/Piscataway Subdivision

Building Details

  • Maintenance Expense $341

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,123

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/Piscataway
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, 2nd Floor
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Exhaust Fan, Pantry, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Kitchen Exhaust Fan, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: None, 2 Bedrooms, Kitchen, Living Room, Bath Full, Bath Main, Storage, Dining Room, Utility Room
  • Living Area: 1196
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Garage, Attached, Garage Door Opener, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Snow Removal, Trash

Lot Info

  • Zoning: R10A

Multi Family

  • Maintenance Expense: 341

Tax Info

  • Tax Annual Amount: 6123
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Dec 21, 2023
Sold by
Tian Yuan
Bought by
Shu Yifan and Yu Shu
Seller's Agent
Jasmine Tsui
WEICHERT CO REALTORS
List Price
$389,000
Sold Price
$405,000
Premium/Discount to List
$16,000
4.11%
Views
64
Current Estimated Value
$452,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,686
Avg. Annual Appreciation
6.34%
Original Mortgage
$230,000
Outstanding Balance
$226,026
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$226,660

Purchase Details

Listed on
Oct 16, 2018
Closed on
Dec 21, 2018
Sold by
Siva Nageshwara Rao Kola and Morampudi Sri Pallavi
Bought by
Tian Yuan
Seller's Agent
Nancy Cheng
Keller Williams Realty West Monmouth
Buyer's Agent
Nancy Cheng
Keller Williams Realty West Monmouth
Sold Price
$246,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$184,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2010
Sold by
Rawat Satendra Singh and Rawat Asha
Bought by
Siva Nageshwara Rao Kola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Swayhoover Frederick
Bought by
Rawat Satendra Singh and Rawat Asha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
6.25%

Purchase Details

Closed on
Aug 18, 1995
Sold by
Commons At Piscataway Inc
Bought by
Swayhoover Frederick and Swayhoover Adelheid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

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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
Shu Yifan $405,000 Hudson One Title
Shu Yifan $405,000 Hudson One Title
Tian Yuan $246,000 Lt National Title Services
Siva Nageshwara Rao Kola $242,500 Multiple
Rawat Satendra Singh $239,900 --
Swayhoover Frederick $113,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shu Yifan $230,000
Closed Shu Yifan $230,000
Previous Owner Tian Yuan $184,500
Previous Owner Siva Nageshwara Rao Kola $194,000
Previous Owner Rawat Satendra Singh $191,900
Previous Owner Swayhoover Frederick $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2024 01/08/24 Sold $405,000 +4.1% $339 / Sq Ft
10/20/2023 10/20/23 For Sale $389,000 0.0% $325 / Sq Ft
12/09/2022 12/09/22 Rented $2,200 0.0% --
11/20/2022 11/20/22 For Rent $2,200 0.0% --
02/08/2019 02/08/19 Sold $246,000 -- $123 / Sq Ft View Prior Sale
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 $7,317 $418,000 $205,000 $213,000
2024 $6,713 $374,100 $165,000 $209,100
2023 $6,713 $321,200 $150,000 $171,200
2022 $6,123 $273,100 $110,000 $163,100
2021 $5,985 $256,000 $110,000 $146,000
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

  • Jasmine Tsui

    Seller's Agent in 2024

    Jasmine Tsui

    WEICHERT CO REALTORS

    (201) 920-5825

    4 in this area

    74 Total Sales

    Jasmine Tsui
    Section Image
  • Nancy Cheng

    Seller's Agent in 2019

    Nancy Cheng

    Keller Williams Realty West Monmouth

    (917) 415-4722

    2 in this area

    70 Total Sales

    Nancy Cheng
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2404594R

All Jersey MLS

APN: 17-08901-0000-00008-01-C1601

New Jersey Middlesex County Piscataway 08817

1601 Jesse Way Unit 1601, Piscataway, NJ

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