NOT LISTED FOR SALE

2 Lake Ave Unit 2B East Brunswick, NJ 08816

Estimated Value: $190,991 - $269,000

1 Bed
1 Bath
953 Sq Ft
592 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $155,000 $163 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,689/month

16 Days on Market

Highlights

  • Private Pool
  • Property is near public transit
  • Formal Dining Room
  • Lawrence Brook Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of June 2021

Beautifully Maintained 2nd Floor Condo featuring an Updated, Eat-in-Kitchen with Quartz Countertops, Spacious Living Room; Dining Room/Office/Den with Sliders to Private Balcony; Well sized Bedroom with lots of Closet Space, Nicely Updated Bath; EXCELLENT LOCATION: Very close to NYC Buses, Shopping & Dining; Easy access to Route 18 & NJ Tpk; Maintenance fee includes heat & water; Association has a swimming pool; East Brunswick Aware-Winning Schools!

Last Agent to Sell the Property

Jane Mueller

RE/MAX FIRST REALTY, INC. Listed on: 04/16/2021

RE/MAX FIRST REALTY, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1970

Lot Details

  • 592

Home Design

  • Flat Roof Shape

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Private Pool

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Water Heater

Community Details

Overview

  • Association fees include heat, snow removal, maintenance fee, water
  • Lake Estates Subdivision
  • The community has rules related to vehicle restrictions

Building Details

  • Maintenance Expense $355

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,154

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0136
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Lake Estates
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, 2nd Floor
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Gas Range/Oven, Microwave, Refrigerator, Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: 1 Bedroom, Kitchen, Living Room, Bath Main, Dining Room
  • Living Area: 953
  • Stories: 1

Exterior Features

  • Lot Features: Near Shopping, See Remarks, Near Public Transit
  • Pool Features: Outdoor Pool
  • Roof: Flat

Utilities

  • Gas Company: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Fee Information

  • Association Fee Includes: Heat, Snow Removal, Maintenance Fee, Water

Lot Info

  • Lot Size Sq Ft: 592
  • Zoning: O1

Multi Family

  • Maintenance Expense: 355

Tax Info

  • Tax Annual Amount: 4154
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 10, 2021
Sold by
Cheng Chia H and Cheng David
Bought by
Barbakadze Davit and Gergedava Gvanca
Seller's Agent
Jane Mueller
RE/MAX FIRST REALTY, INC.
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$242,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,498
Avg. Annual Appreciation
11.13%
Original Mortgage
$105,000
Outstanding Balance
$95,358
Interest Rate
2.96%
Estimated Equity
$147,140

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 26, 2021
Sold by
Cheng David and Cheng Chia Hua
Bought by
Barbakadze Davit and Gergedava Gvanca
Seller's Agent
Jane Mueller
RE/MAX FIRST REALTY, INC.
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$95,358
Interest Rate
2.96%
Estimated Equity
$147,140
Source: Public Records

Range of Values:

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Average Value
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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
Barbakadze Davit $155,000 --
Barbakadze Davit $155,000 Trident Abstract Ttl Agcy Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbakadze Davit $105,000
Closed Barbakadze Davit --
Closed Barbakadze Davit $105,000
Previous Owner Cheng David $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $155,000 0.0% $163 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $155,000 -- $163 / 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 $4,418 $36,800 $15,000 $21,800
2024 $4,297 $36,800 $15,000 $21,800
2023 $4,297 $36,800 $15,000 $21,800
2022 $4,282 $36,800 $15,000 $21,800
2021 $4,154 $36,800 $15,000 $21,800
2020 $4,154 $36,800 $15,000 $21,800
2019 $4,111 $36,800 $15,000 $21,800
2018 $4,037 $36,800 $15,000 $21,800
2017 $3,971 $36,800 $15,000 $21,800
2016 $3,889 $36,800 $15,000 $21,800
2015 $3,791 $36,800 $15,000 $21,800
2014 $3,710 $36,800 $15,000 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2115464R

All Jersey MLS

APN: 04-00026-01-00001-0000-C0203