$250,000
SOLD MAY 15, 2025

263 College Dr Unit 263 Edison, NJ 08817

2 Beds
1 Bath
896 Sq Ft
$331/mo HOA Fee

Recently Sold

$279 Per Sq Ft

4% Above List Price

27 Days on Market

Highlights

  • A-Frame Home
  • Wood Flooring
  • Brick Front
  • Benjamin Franklin Elementary School Rated A-
  • Community Pool
  • Forced Air Heating System

About This Home

As of May 2025

Charming 2-Bedroom Condo in Edison – Prime Location! Welcome to this beautifully maintained 2-bedroom, 1-bathroom second-floor condo in the desirable Mill Pointe community. This bright and spacious unit features an open-concept living and dining area, perfect for entertaining. The updated kitchen offers ample cabinet space and modern appliances. Both bedrooms are generously sized with plenty of closet space.For added convenience, the shared laundry area is located just below the unit in the basement. Additional perks include assigned parking and access to community amenities. Situated in a prime location near Middlesex College, this condo offers easy access to major highways (Rt 1, I-287, and the NJ Turnpike), shopping, dining, and public transportation, making commuting effortless. Perfect for first-time buyers. This move-in-ready condo is a fantastic opportunity. Schedule your showing today!Association Rule: New owners cannot rent for the first two years. Please get in touch with the association with any questions you may have.

Last Agent to Sell the Property

Dipti Purohit

Century 21 Abrams & Associates, Inc. Listed on: 02/07/2025

Century 21 Abrams & Associates, Inc.

Last Buyer's Agent

Rebecca Matyash

Keller Williams Greater Brunswick License #1111723

Keller Williams Greater Brunswick

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,668

Year Built

  • Built in 1977

Lot Details

  • Two or More Common Walls
  • Property is in excellent condition

HOA Fees

  • $331 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • A-Frame Home
  • Brick Front

Interior Spaces

  • 896 Sq Ft Home
  • Property has 3 Levels
  • Combination Dining and Living Room
  • Laundry in Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Underground Utilities
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00025
  • Assessor Parcel Number 05-00375 32-00025-C0263

Community Details

Overview

  • $2,982 Capital Contribution Fee
  • Association fees include common area maintenance, lawn maintenance, parking fee, snow removal, trash, water
  • Mill Point Condominium HOA
  • Low-Rise Condominium
  • Mill Pointe Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,668

Year Built

Built in 1977

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: A-Frame
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Remarks Public: Charming 2-Bedroom Condo in Edison – Prime Location! Welcome to this beautifully maintained 2-bedroom, 1-bathroom second-floor condo in the desirable Mill Pointe community. This bright and spacious unit features an open-concept living and dining area, perfect for entertaining. The updated kitchen offers ample cabinet space and modern appliances. Both bedrooms are generously sized with plenty of closet space. For added convenience, the shared laundry area is located just below the unit in the basement. Additional perks include assigned parking and access to community amenities. Situated in a prime location near Middlesex College, this condo offers easy access to major highways (Rt 1, I-287, and the NJ Turnpike), shopping, dining, and public transportation, making commuting effortless. Perfect for first-time buyers. This move-in-ready condo is a fantastic opportunity. Schedule your showing today! Association Rule: New owners cannot rent for the first two years. Please get in touch with the association with any questions you may have.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Combination Dining/Living
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Basement, Common
  • Total Sq Ft: 896
  • Living Area Sq Ft: 896
  • Price Per Sq Ft: 267.86
  • Above Grade Finished Sq Ft: 896
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 263

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 331.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Parking Fee, Snow Removal, Trash, Water
  • HOA Name: MILL POINT CONDOMINIUM
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 2982.33

Schools

  • School District: EDISON TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397449
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: LR

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3668.00
  • Assessor Parcel Number: 05-00375 32-00025-C0263
  • Tax Lot: 00025
  • Tax Total Finished Sq Ft: 896
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 05/15/2025

MLS Schools

  • School District Name: EDISON TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
May 13, 2025
Sold by
Patel Neetaben M and Patel Manojkumar I
Bought by
Chaudhary Jaykumar and Patel Dixita
Seller's Agent
Dipti Purohit
Century 21 Abrams & Associates, Inc.
Buyer's Agent
Rebecca Matyash
Keller Williams Greater Brunswick
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%
Total Days on Market
27
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.92%
Original Mortgage
$15,000
Outstanding Balance
$15,000
Interest Rate
6.62%
Estimated Equity
$227,990

Purchase Details

Listed on
Aug 1, 2020
Closed on
Nov 18, 2020
Sold by
Hussain Imran and Hussain Batool
Bought by
Patel Neetaben
Seller's Agent
Rashida Furniturewalla
SPECTRUM REAL ESTATE GROUP LLC
Buyer's Agent
GURKAMAL SINGH
C-21 MAIN STREET REALTY
List Price
$159,000
Sold Price
$155,000
Premium/Discount to List
-$4,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$130,000
Interest Rate
2.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $250,000 Foundation Title
Bargain Sale Deed $250,000 Foundation Title
Deed $155,000 Providence Abstract Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 No Value Available
Closed $15,000 No Value Available
Open $225,000 New Conventional
Closed $225,000 New Conventional
Previous Owner $130,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $250,000 +4.2% $279 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $240,000 +54.8% $268 / Sq Ft
12/01/2020 12/01/20 Sold $155,000 0.0% $173 / Sq Ft
11/19/2020 11/19/20 Sold $155,000 -2.5% $173 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $159,000 +2.6% $177 / Sq Ft
07/08/2020 07/08/20 For Sale $155,000 -- $173 / Sq Ft
Source: Bright 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
2024 $3,789 $64,000 $40,000 $24,000
2023 $3,789 $64,000 $40,000 $24,000
2022 $3,850 $65,000 $40,000 $25,000
2021 $3,694 $65,000 $40,000 $25,000
2020 $3,802 $65,000 $40,000 $25,000
2019 $3,443 $65,000 $40,000 $25,000
2018 $3,368 $65,000 $40,000 $25,000
2017 $3,348 $65,000 $40,000 $25,000
2016 $3,286 $65,000 $40,000 $25,000
2015 $3,162 $65,000 $40,000 $25,000
2014 $3,072 $65,000 $40,000 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX2008474

Bright MLS

APN: 05-00375-32-00025-0000-C0263