$155,000
SOLD NOV 19, 2020

263 College Dr Unit 263 Edison, NJ 08817

2 Beds
1 Bath
896 Sq Ft
87 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

104 Days on Market

Highlights

  • Private Pool
  • Property is near public transit
  • Eat-In Kitchen
  • Benjamin Franklin Elementary School Rated A-
  • Wood Flooring
  • Bathtub

About This Home

As of May 2025

This large 2nd floor Condo offers an Intercom entry system, Freshly painted interior with a modern light grey color. The Floors have been refinished in a darker stain to give it the coveted modern look. The Bath is recently renovated with modern tiles and new fixtures. A brand new Gas Cooking Range and Kitchen exhaust is another update in addition to the tiled backsplash and new kitchen flooring. The newer Furnace and Hot-Water Heater complete this unit making it a turn-key investment in Edison. The shared Laundry area is just below the unit in the basement. Enjoy the outdoor pool and playground in the summers. Enjoy living in it yourself or rent it out as a great investment. Association Fee includes Water, trash and snow removal and exterior maintenance and outdoor Pool. Call to see it today !!!

Last Agent to Sell the Property

Rashida Furniturewalla

SPECTRUM REAL ESTATE GROUP LLC Listed on: 07/08/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 1977

Home Design

  • Asphalt Roof

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • Open Parking
  • Assigned Parking

Pool

  • Private Pool

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, sewer, snow removal, trash, water
  • Mill Pointe Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $263

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,515

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Mill Pointe
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Development Home
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Only
  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Gas Range/Oven, Exhaust Fan, Refrigerator, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Entrance Foyer, 2 Bedrooms, Kitchen, Living Room, Bath Main
  • Living Area: 896
  • Stories: 1

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Pool Features: Outdoor Pool
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Asphalt, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s), None
  • 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
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Sewer, Snow Removal, Trash, Water

Lot Info

  • Zoning: LR

Multi Family

  • Maintenance Expense: 263

Tax Info

  • Tax Annual Amount: 3515
  • Tax Year: 2019

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%
Views
143
Current Estimated Value
$256,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,362
Avg. Annual Appreciation
8.74%
Original Mortgage
$15,000
Outstanding Balance
$6,050
Interest Rate
6.62%
Estimated Equity
$250,312

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

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Range of Values:

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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: 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 $3,810 $64,000 $40,000 $24,000
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: All Jersey MLS

MLS Number: 2100353

All Jersey MLS

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