$365,000 - $376,000
RENTED AUG 1, 2025

3601 Gramercy Way Unit 3601 Mount Laurel, NJ 08054

3 Beds
4 Baths
1,678 Sq Ft
$220 Price per Sq Ft

Last Sold January 29, 2024

Last sale price $326,000 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,642/month

Highlights

  • Colonial Architecture
  • Attic
  • Living Room
  • Lenape High School Rated A-
  • Corner Lot
  • En-Suite Primary Bedroom

About This Home

As of August 2025

Welcome to your new home in the heart of Mount Laurel! This delightful 3-bedroom, 2.5-bathroom residence is bathed in natural light and boasts a fresh, neutral paint throughout, creating a warm and inviting atmosphere. Freshly Painted: Experience the joy of a freshly painted interior that complements any decor style.
Recessed Lights: Modern recessed lights add a touch of sophistication and ensure well-lit spaces for any occasion.
Location Highlights:

Excellent Schools: Nestled in a great neighborhood with access to top-rated schools, providing an ideal environment for education and growth.
Convenient Access: Close proximity to major highways ensures easy commuting and accessibility to nearby attractions.
Dining Delights: Explore a variety of great restaurants
This property is not just a house; it's a home where comfort and convenience converge. Don't miss the chance to make it yours! Schedule a viewing today.
Tenant Requirements:

Excellent Credit Score: A credit score of 700 and above is required to demonstrate financial responsibility and reliability.
Stable Employment: Provide the latest 4 paystubs as proof of a steady income. A job verification letter from the employer is also required.
Previous Rental Reference: To ensure a history of responsible tenancy, please provide references from your previous landlords.
Valid Driver's License: A copy of your current driver's license for identification purposes. SORRY ANIMAL LOVER'S NO PETS NO EXCEPTION PLEASE.

Last Agent to Rent the Property

RESHMA PAREKH

(856) 313-9912 reshmaparekh112@gmail.com BHHS Fox & Roach-Cherry Hill Listed on: 06/10/2025

BHHS Fox & Roach-Cherry Hill

Last Renter's Agent

RESHMA PAREKH

(856) 313-9912 reshmaparekh112@gmail.com BHHS Fox & Roach-Cherry Hill Listed on: 06/10/2025

BHHS Fox & Roach-Cherry Hill

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,894

Year Built

  • Built in 2001

Lot Details

  • 1,686 Sq Ft Lot
  • Southeast Facing Home
  • Property is in excellent condition

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,678 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,200
  • 12-Month Min and 24-Month Max Lease Term
  • Available 6/1/25
  • $40 Application Fee
  • $150 Repair Deductible
  • Assessor Parcel Number 24-00301 21-00034 02-C3601

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance
  • Essex Place Condo Association Condos
  • Built by A.P. ORLEANS
  • Essex Place Subdivision, Oakmont Floorplan

Amenities

  • Common Area

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,894

Year Built

Built in 2001

Lot Details

0

HOA Fees

$200 per month

Rental Info

  • Date Available: 2025-06-01
  • Application Fee: 40.00
  • Pets Allowed: No
  • Security Deposit: 4200.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/zLTtSZM
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial, Traditional
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 10/27/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to your new home in the heart of Mount Laurel! This delightful 3-bedroom, 2.5-bathroom residence is bathed in natural light and boasts a fresh, neutral paint throughout, creating a warm and inviting atmosphere. Freshly Painted: Experience the joy of a freshly painted interior that complements any decor style. 💡 Recessed Lights: Modern recessed lights add a touch of sophistication and ensure well-lit spaces for any occasion. Location Highlights: 🏫 Excellent Schools: Nestled in a great neighborhood with access to top-rated schools, providing an ideal environment for education and growth. 🛣️ Convenient Access: Close proximity to major highways ensures easy commuting and accessibility to nearby attractions. 🍽️ Dining Delights: Explore a variety of great restaurants This property is not just a house; it's a home where comfort and convenience converge. Don't miss the chance to make it yours! Schedule a viewing today. Tenant Requirements: 💳 Excellent Credit Score: A credit score of 700 and above is required to demonstrate financial responsibility and reliability. 💼 Stable Employment: Provide the latest 4 paystubs as proof of a steady income. A job verification letter from the employer is also required. 🏠 Previous Rental Reference: To ensure a history of responsible tenancy, please provide references from your previous landlords. 🚗 Valid Driver's License: A copy of your current driver's license for identification purposes. SORRY ANIMAL LOVER'S NO PETS NO EXCEPTION PLEASE.
  • Repair Deductible: 150.00
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Washer
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1678
  • Living Area Sq Ft: 1678
  • Price Per Sq Ft: 1.67
  • Above Grade Finished Sq Ft: 1678
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3601

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stick Built
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Essex Place Condo Association
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • School District Key: 300200397177
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Features: Corner
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1686.00
  • Property Condition: Excellent
  • Zoning: RES

Building Info

  • Builder Name: A.P. ORLEANS

Tax Info

  • Assessor Parcel Number: 24-00301 21-00034 02-C3601
  • Close Date: 08/01/2025

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Jan 29, 2024
Sold by
Schiller Adele L and Schiller Glenn W
Bought by
Iyer Rajeev and Thapar Shikha
Seller's Agent
Brandon Lewis
Coldwell Banker Hearthside-Doylestown
Buyer's Agent
RESHMA PAREKH
BHHS Fox & Roach-Cherry Hill
List Price
$324,900
Sold Price
$326,000
Premium/Discount to List
$1,100
0.34%
Views
128
Current Estimated Value
$369,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,468
Avg. Annual Appreciation
7.88%
Original Mortgage
$228,200
Outstanding Balance
$224,205
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$145,263

Purchase Details

Closed on
Jul 9, 2001
Sold by
Orleans Construction Corp
Bought by
Schiller Adele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,660
Interest Rate
7.2%
Mortgage Type
FHA
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
Iyer Rajeev $326,000 American Land Title
Iyer Rajeev $326,000 American Land Title
Schiller Adele L $142,875 Settlers Title Agency Lp
-- $142,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iyer Rajeev $228,200
Closed Iyer Rajeev $228,200
Previous Owner Schiller Adele L $45,000
Previous Owner Schiller Adele L $142,800
Previous Owner -- $139,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Rented $2,800 0.0% --
07/27/2025 07/27/25 Under Contract -- -- --
06/10/2025 06/10/25 For Rent $2,800 +7.7% --
04/05/2024 04/05/24 Rented $2,600 0.0% --
03/26/2024 03/26/24 Price Changed $2,600 -3.7% $2 / Sq Ft
02/22/2024 02/22/24 For Rent $2,700 0.0% --
01/29/2024 01/29/24 Sold $326,000 +0.3% $194 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/02/2023 12/02/23 For Sale $324,900 -- $194 / 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
2025 $5,894 $186,700 $45,000 $141,700
2024 $5,672 $186,700 $45,000 $141,700
2023 $5,672 $186,700 $45,000 $141,700
2022 $5,653 $186,700 $45,000 $141,700
2021 $5,547 $186,700 $45,000 $141,700
2020 $5,439 $186,700 $45,000 $141,700
2019 $5,383 $186,700 $45,000 $141,700
2018 $5,341 $186,700 $45,000 $141,700
2017 $5,203 $186,700 $45,000 $141,700
2016 $5,125 $186,700 $45,000 $141,700
2015 $5,065 $186,700 $45,000 $141,700
2014 $5,015 $186,700 $45,000 $141,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2087532

Bright MLS

APN: 24-00301-21-00034-02-C3601