$588,000 - $619,000
RENTED FEB 15, 2025

40 Gate House Ln Edison, NJ 08820

2 Beds
2.5 Baths
1,486 Sq Ft
$406 Price per Sq Ft

Highlights

  • Private Pool
  • Gated Community
  • Granite Countertops
  • Woodbrook Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of February 2025

Welcome to this beautiful home in the most prestigious Community of Park Gate in North Edison. The Celebration model features gorgeous hardwood floors and open floor layout. Brand new appliances just installed in the kitchen. The 2nd floor has 2 bedrooms, 2 full baths and conveniently located laundry room. Private fenced in backyard is the cherry on top. Garage features a EV charging station - take advantage of PSEG off peak charging. The community offers a playground, tennis courts, and a swimming pools. North Edison school district, close to public transportation and train station, shopping, restaurants and all major highways.

Last Agent to Rent the Property

Ruchi Shah

RE/MAX FIRST REALTY, INC. Listed on: 09/10/2024

RE/MAX FIRST REALTY, INC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,745

Year Built

  • Built in 1983

Lot Details

  • 1,694

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,486 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Private Pool
  • 1,694 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for all utilities, cable TV

Community Details

Overview

  • Association fees include maintenance fee
  • Park Gate Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,745

Year Built

Built in 1983

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: All Utilities, Cable TV

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0389
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Park Gate
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1983
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Stove/Oven, Microwave Oven, Washer/Dryer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet, Ceramic Tile
  • Interior Amenities: Entrance Foyer, Kitchen, Bath Half, Living Room, Dining Room, Family Room, 1 Bedroom, 2 Bedrooms, Laundry Room, Bath Full, Bath Main, None
  • Living Area: 1486
  • Stories: 2

Exterior Features

  • Pool Features: Outdoor Pool

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Attached

Utilities

  • Gas Company: Natural Gas
  • Security: Security Gate
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Gated, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 1694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2016
Sold by
Fratianni Carol and Estate Of Lorraine A Rala
Bought by
Mudaliar Selvaraj S and Mudaliar Sathiya
Current Estimated Value
$602,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2001
Sold by
Levine Norman
Bought by
Raia Lorraine
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
Mudaliar Selvaraj S $340,000 Westcor Land Title Ins Co
Raia Lorraine $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mudaliar Selvaraj S $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2025 02/15/25 Rented $2,800 0.0% --
01/03/2025 01/03/25 Price Changed $2,800 -6.7% $2 / Sq Ft
12/23/2024 12/23/24 Price Changed $3,000 -3.2% $2 / Sq Ft
11/26/2024 11/26/24 Price Changed $3,100 -3.1% $2 / Sq Ft
09/27/2024 09/27/24 Price Changed $3,200 -3.0% $2 / Sq Ft
09/10/2024 09/10/24 For Rent $3,300 -- --
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 $10,745 $180,500 $70,000 $110,500
2024 $10,687 $180,500 $70,000 $110,500
2023 $10,687 $180,500 $70,000 $110,500
2022 $10,691 $180,500 $70,000 $110,500
2021 $10,258 $180,500 $70,000 $110,500
2020 $10,557 $180,500 $70,000 $110,500
2019 $9,761 $180,500 $70,000 $110,500
2018 $9,913 $180,500 $70,000 $110,500
2017 $9,298 $180,500 $70,000 $110,500
2016 $9,126 $180,500 $70,000 $110,500
2015 $8,780 $180,500 $70,000 $110,500
2014 $8,530 $180,500 $70,000 $110,500
Source: Public Records

Agents Affiliated with this Home

  • Ruchi Shah

    Landlord's Agent in 2025

    Ruchi Shah

    RE/MAX

    (732) 642-7334

    3 in this area

    30 Total Sales

    Ruchi Shah
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Map

Source: All Jersey MLS

MLS Number: 2503444R

All Jersey MLS

APN: 05-00593-0000-00050-0000-C0040

New Jersey Middlesex County Edison 08820

40 Gate House Ln, Edison, NJ

This home is located at 40 Gate House Ln, Edison, NJ 08820 since 10 September 2024 and is currently priced at $602,627. This property was built in 1983. 40 Gate House Ln is a home located in Middlesex County with nearby schools including Woodbrook Elementary School, Woodrow Wilson Middle School, and J.P. Stevens High School.

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