$326,000 - $371,000
RENTED JUL 1, 2025
2 Beds
2 Baths
1,419 Sq Ft
$355/mo HOA Fee

Last Sold October 14, 2021

Last sale price $217,000 $153 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,737/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • 1 Fireplace
  • Clubhouse
  • Main Floor Bedroom
  • Upgraded Countertops

About This Home

As of July 2025

Absolutely lovely second floor unit in the desirable Madison! Ready for immediate occupancy. This beautiful apartment offers a private balcony, gas fireplace, and full-size washer and dryer in the unit. This home features a secure, interior lobby and elevator. Make your appointment today!

Last Agent to Rent the Property

Joe DeLorenzo

RE/MAX of Princeton License #9483422 Listed on: 12/26/2024

RE/MAX of Princeton

Last Renter's Agent

Mamta Kashyap

Keller Williams Real Estate - Princeton

Keller Williams Real Estate - Princeton

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,107

Year Built

  • Built in 2006

Lot Details

  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,419 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Free Parking
  • Lighted Parking
  • Paved Parking
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,525
  • $350 Move-In Fee
  • Tenant pays for cable TV, cooking fuel, electricity, gas, insurance, pest control, sewer, water
  • The owner pays for association fees, common area maintenance
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 1/1/25
  • $50 Repair Deductible
  • Assessor Parcel Number 02-00225 02-00056-C0326

Community Details

Overview

  • Association fees include lawn maintenance, snow removal, common area maintenance, exterior building maintenance, sewer, trash, water
  • Low-Rise Condominium
  • Madison Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • 2 Elevators

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,107

Year Built

Built in 2006

Lot Details

0

HOA Fees

$355 per month

Rental Info

  • Date Available: 2025-01-01
  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease In Effect: No
  • Owner Pays: Association Fees, Common Area Maintenance
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Control: No
  • Security Deposit: 3525.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Gas, Insurance, Pest Control, Sewer, Water
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 350.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Habitable Residence: No
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Buildout Allowance: No
  • Remarks Public: Absolutely lovely second floor unit in the desirable Madison! Ready for immediate occupancy. This beautiful apartment offers a private balcony, gas fireplace, and full-size washer and dryer in the unit. This home features a secure, interior lobby and elevator. Make your appointment today!
  • Repair Deductible: 50.00
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Refrigerator, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Combination Dining/Living, Elevator, Entry Level Bedroom, Floor Plan - Open, Upgraded Countertops, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 2
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Bathroom 2
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1419
  • Living Area Sq Ft: 1419
  • Price Per Sq Ft: 1.66
  • Above Grade Finished Sq Ft: 1419
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 326

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding, Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Lawn Sprinkler, Street Lights
  • Pool Private: No
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Fencing: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Attached Garage: No
  • Garage: No
  • Open Parking: No
  • Parking Features: Assigned, Free, Lighted Parking, Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: No
  • Electricity On Property: No
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 355.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Club House
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Snow Removal, Common Area Maintenance, Ext Bldg Maint, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: EWING TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396170
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Irrigation Water Rights: No
  • Land Lease: No
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R-ME
  • Farmland Preservation: No

Green Features

  • Green Verification: No

Tax Info

  • Assessor Parcel Number: 02-00225 02-00056-C0326
  • Tax Total Finished Sq Ft: 1419
  • Tax Data Updated: No
  • Close Date: 07/01/2025
  • Tax Opportunity Zone: No

MLS Schools

  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Sep 23, 2021
Sold by
Sufi Rashiq and Sufi Seemi
Bought by
Kallivayalil Thommen Chacko and Singh Ankita
Seller's Agent
Joe DeLorenzo
RE/MAX of Princeton
Buyer's Agent
Heidi Heyman
BHHS Fox & Roach Hopewell Valley
Sold Price
$2,000
Current Estimated Value
$339,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,153
Avg. Annual Appreciation
12.44%
Original Mortgage
$162,750
Outstanding Balance
$150,014
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,139

Purchase Details

Closed on
Oct 4, 2011
Sold by
Olson Jennifer
Bought by
Sufi Rashiq and Sufi Seemi

Purchase Details

Closed on
Aug 17, 2006
Sold by
American Properties
Bought by
Olson Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Kallivayalil Thommen Chacko $217,000 Title Evolution Llc
Sufi Rashiq $170,000 None Available
Olson Jennifer $249,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kallivayalil Thommen Chacko $162,750
Previous Owner Olson Jennifer $199,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Rented $2,300 -2.1% --
06/25/2025 06/25/25 Under Contract -- -- --
02/13/2025 02/13/25 Price Changed $2,350 -4.1% $2 / Sq Ft
12/26/2024 12/26/24 For Rent $2,450 +22.5% --
10/28/2021 10/28/21 Rented $2,000 0.0% --
10/14/2021 10/14/21 Sold $217,000 0.0% --
10/14/2021 10/14/21 For Rent $2,000 0.0% --
08/20/2021 08/20/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $320,000 0.0% --
07/15/2020 07/15/20 Rented $1,625 0.0% --
03/17/2020 03/17/20 For Rent $1,625 -4.4% --
04/01/2017 04/01/17 Rented $1,700 0.0% --
04/01/2017 04/01/17 Under Contract -- -- --
02/18/2017 02/18/17 For Rent $1,700 -- --
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 $6,107 $165,200 $36,000 $129,200
2023 $6,107 $165,200 $36,000 $129,200
2022 $5,942 $165,200 $36,000 $129,200
2021 $5,797 $165,200 $36,000 $129,200
2020 $5,714 $165,200 $36,000 $129,200
2019 $5,566 $165,200 $36,000 $129,200
2018 $6,301 $119,300 $25,000 $94,300
2017 $6,448 $119,300 $25,000 $94,300
2016 $6,361 $119,300 $25,000 $94,300
2015 $6,276 $119,300 $25,000 $94,300
2014 $6,260 $119,300 $25,000 $94,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2052844

Bright MLS

APN: 02-00225-02-00056-0000-C0326