Landlord's Agent in 2025
Susan Thomas
RE/MAX
(848) 203-9845
3 in this area
13 Total Sales
23 Nicole Terrace Edison, NJ 08820
2
Beds
2
Baths
1,039
Sq Ft
1,106
Sq Ft Lot
Highlights
- Private Pool
- Gated Community
- Property is near public transit
- Woodbrook Elementary School Rated A
- Deck
- Wood Flooring
About This Home
As of September 2025Must see this updated bright and airy ground-level 2-bedroom, 2-bath condo located in the highly desirable Park Gate community in Edison. This spacious home offers a comfortable living room with a wood-burning fireplace, gleaming laminate wood floors, and recessed lighting throughout. The formal dining room is enhanced by elegant crystal chandeliers. The updated kitchen features a breakfast nook, stainless steel appliances, granite countertops, a stylish backsplash, ceramic tile flooring, and new cabinets with recessed lighting.Both bathrooms have been tastefully renovated and include newer vanities, sinks, toilets, and shower/tub combinations along with ceramic tile finishes. The master bedroom offers a huge closet, an additional closet, and sliding doors that lead to a private deck. The second bedroom also includes extra closet space.This home is part of the only 24-hour security gated community in the area and includes amenities such as a pool, playground,Volleyball and Tennis court. Conveniently located near NJ Transit trains, major highways, parks, restaurants, and shopping with access to top-rated North Edison schools including Woodbrook Elementary, Woodrow Wilson Middle and JP Stevens High School. Applicants must have very good credit. No smoking and no pets permitted.
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $7,048
Year Built
- Built in 1983
Lot Details
- 1,106
Parking
- 1 Car Attached Garage
Interior Spaces
- 1,039 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Formal Dining Room
- Security Gate
- Washer and Dryer
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Stove
- Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Outdoor Features
- Private Pool
- Deck
- Patio
Location
- Ground Level Unit
- Property is near public transit
- Property is near shops
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Underground Utilities
- Water Filtration System
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, sewer, gas, interior repairs, water
- 12 Month Lease Term
Community Details
Overview
- Association fees include common area maintenance, snow removal, trash, ground maintenance
- Park Gate Condo Subdivision
- The community has rules related to vehicle restrictions
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Pet Policy
- No Pets Allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 25, 2022
Sold by
Cheruvu Anand M and Cheruvu Prathyusha B
Bought by
Chowdhury Sourav Roy and Chowdhury Saheli Roy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$251,746
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$214,939
Purchase Details
Listed on
Jan 28, 2020
Closed on
Sep 18, 2020
Sold by
Verma Ashwani and Verma Kavita
Bought by
Chevuru Anand M and Lanka Prathyusha B
Seller's Agent
Deepak Bansal
KELLER WILLIAMS CORNERSTONE
Buyer's Agent
MAHESH SWALI
KELLER WILLIAMS ELITE REALTORS
List Price
$345,000
Sold Price
$306,000
Premium/Discount to List
-$39,000
-11.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$0
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 15, 2019
Sold by
Aicon Properties Llc
Bought by
Verma Ashwani and Verma Kavita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,800
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 10, 2018
Sold by
Aboff Ray
Bought by
Aicon Properties Llc
Purchase Details
Closed on
Feb 24, 1993
Bought by
Aboff Ray
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chowdhury Sourav Roy | $370,000 | -- | |
| Chevuru Anand M | $308,000 | Golden Title | |
| Chevuru Anand M | $308,000 | Golden Title | |
| Verma Ashwani | -- | Greater Nj Title Agency | |
| Aicon Properties Llc | $203,000 | Intact Title Agency Of New J | |
| Aboff Ray | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chowdhury Sourav Roy | $296,000 | |
| Previous Owner | Chevuru Anand M | $0 | |
| Previous Owner | Chevuru Anand M | $288,800 | |
| Previous Owner | Verma Ashwani | $151,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | Rented | $2,700 | 0.0% | -- |
| 07/30/2025 07/30/25 | For Rent | $2,700 | -99.1% | -- |
| 12/30/2020 12/30/20 | Rented | -- | -- | -- |
| 11/30/2020 11/30/20 | Under Contract | -- | -- | -- |
| 10/05/2020 10/05/20 | Sold | $306,000 | 0.0% | $295 / Sq Ft |
| 09/26/2020 09/26/20 | For Rent | $2,150 | 0.0% | -- |
| 06/29/2020 06/29/20 | Off Market | $306,000 | -- | -- |
| 06/10/2020 06/10/20 | Price Changed | $312,000 | -4.0% | $300 / Sq Ft |
| 04/14/2020 04/14/20 | Price Changed | $325,000 | -5.8% | $313 / Sq Ft |
| 02/27/2020 02/27/20 | For Sale | $345,000 | 0.0% | $332 / Sq Ft |
| 02/17/2020 02/17/20 | Pending | -- | -- | -- |
| 01/28/2020 01/28/20 | For Sale | $345,000 | -- | $332 / Sq Ft |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $7,048 | $118,400 | $39,000 | $79,400 |
| 2024 | $7,010 | $118,400 | $39,000 | $79,400 |
| 2023 | $7,010 | $118,400 | $39,000 | $79,400 |
| 2022 | $7,013 | $118,400 | $39,000 | $79,400 |
| 2021 | $6,729 | $118,400 | $39,000 | $79,400 |
| 2020 | $6,925 | $118,400 | $39,000 | $79,400 |
| 2019 | $6,403 | $118,400 | $39,000 | $79,400 |
| 2018 | $6,503 | $118,400 | $39,000 | $79,400 |
| 2017 | $6,099 | $118,400 | $39,000 | $79,400 |
| 2016 | $5,986 | $118,400 | $39,000 | $79,400 |
| 2015 | $5,759 | $118,400 | $39,000 | $79,400 |
| 2014 | $5,596 | $118,400 | $39,000 | $79,400 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Thomas
-
Mahesh Swali
Seller's Agent in 2020
Mahesh Swali
KELLER WILLIAMS ELITE REALTORS
(908) 872-0187
7 in this area
22 Total Sales
-
Deepak Bansal
Seller's Agent in 2020
Deepak Bansal
KELLER WILLIAMS CORNERSTONE
(908) 210-1662
17 in this area
150 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2601686R
APN: 05-00593-0000-00053-0000-C2023
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