NOT LISTED FOR SALE

387 Lancaster Ct Piscataway, NJ 08854

Estimated Value: $381,000 - $447,000

2 Beds
2 Baths
1,138 Sq Ft
348 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $200,000 $176 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,637/month

Highlights

  • In Ground Pool
  • Clubhouse
  • End Unit
  • Martin Luther King Intermediate School Rated A-
  • Wood Flooring
  • High Ceiling

About This Home

As of June 2023

Society Hill Complex - TOP floor - Quiet/End unit, Living Room w/ 2 sky lights, Dining Room w/ vaulted ceiling, Master Bedroom w/full bath & WIC, Main Full Bathroom w/ tub, Eat-In Kitchen, Laundry Room & Balcony w/ park like view. Included: Refrigerator, stove, washer & dryer & dishwasher. Amenities: association pool, club house, playgrounds and tennis courts. No smoking. Close to I287, Rt 18, Rt1 &27. Close to New Brunswick, Edison train station, Rutgers, UMDNJ/RWJ. Owner occupied. Avail Jun 25.

Last Agent to Rent the Property

Robin Ervin

COLDWELL BANKER REALTY Listed on: 05/23/2023

COLDWELL BANKER REALTY

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,873

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • Garden

Interior Spaces

  • 1,138 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Skylights
  • Blinds
  • Living Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Galley Kitchen
  • Gas Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

Parking

  • Open Parking
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • In Ground Pool
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, hot water, water

Community Details

Overview

  • Association fees include maintenance fee
  • Society Hill Subdivision
  • The community has rules related to vehicle restrictions

Recreation

  • Tennis Courts
  • Community Playground

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,873

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water, Water

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Society Hill
  • Architectural Style: Other, End Unit
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 1986
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Eat-in Kitchen, Galley Type
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Stove/Oven, Washer/Dryer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood, Carpet, Ceramic Tile
  • Interior Amenities: Blinds, High Ceilings, Skylight, None, 2 Bedrooms, Kitchen, Living Room, Bath Full, Dining Room
  • Living Area: 1138
  • Stories: 3
  • Window Features: Blinds, Skylight(s)

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Enclosed Porch(es), Sidewalk, Garden
  • Patio And Porch Features: Enclosed

Garage/Parking

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

Utilities

  • Gas Company: Natural Gas
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
May 19, 2016
Sold by
Lan Piscataway Llc
Bought by
Cheng Hong and Yang Chunyan
Seller's Agent
Neat Camili
COLDWELL BANKER REALTY
Buyer's Agent
ZHENLEI BAO
REALMART REALTY
List Price
$194,000
Sold Price
$200,000
Premium/Discount to List
$6,000
3.09%
Current Estimated Value
$406,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,889
Avg. Annual Appreciation
7.76%
Original Mortgage
$150,000
Outstanding Balance
$119,410
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$287,479

Purchase Details

Closed on
Apr 2, 2012
Sold by
Vivino Raymond P and Vivino Angelika
Bought by
Lan Piscataway Llc

Purchase Details

Closed on
May 7, 1986
Bought by
Lan-Piscataway Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cheng Hong $200,000 Quality Title & Abstract Age
Lan Piscataway Llc -- None Available
Lan-Piscataway Llc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Hong $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2023 06/25/23 Rented $2,300 0.0% --
06/02/2023 06/02/23 Off Market $2,300 -- --
05/23/2023 05/23/23 For Rent $2,300 0.0% --
05/27/2016 05/27/16 Sold $200,000 +3.1% -- View Prior Sale
05/17/2016 05/17/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $194,000 -- --
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 $5,873 $343,100 $180,000 $163,100
2024 $5,672 $300,100 $140,000 $160,100
2023 $5,672 $271,400 $115,000 $156,400
2022 $5,493 $243,900 $95,000 $148,900
2021 $4,052 $228,300 $95,000 $133,300
2020 $5,177 $221,600 $95,000 $126,600
2019 $5,265 $221,600 $95,000 $126,600
2018 $5,078 $214,100 $95,000 $119,100
2017 $4,857 $177,200 $70,000 $107,200
2016 $5,211 $193,700 $70,000 $123,700
2015 $5,137 $193,700 $70,000 $123,700
2014 $5,021 $193,700 $70,000 $123,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2312607R

All Jersey MLS

APN: 17-10002-0000-00002-0000-C2387