$220,000
SOLD MAR 13, 2025

487 College Dr Edison, NJ 08817

2 Beds
1 Bath
-- Sq Ft
896 Acres

Recently Sold

2% Below List Price

85 Days on Market

Highlights

  • 896 Acre Lot
  • Property is near public transit and shops
  • Granite Countertops
  • Edison High School Rated A-
  • Ground Level Unit
  • Formal Dining Room

About This Home

As of March 2025

Location! Location! Location! 2 Bedroom Condo 900 Sq Ft. A Well Maintained Ground level cozy unit in Mill Point Edison Community- features living room/dining room with ceramic floors & Beautiful Kitchen with Updated Cabinets, ample storage and Granite countertops. 2 bedrooms and full updated bath. easy maintenance with ceramic flooring throughout, complemented by newly updated vinyl windows that flood the space with natural light. Low taxes. The shared Laundry area is just across the bldg in the basement. Low Association Fee includes Water, Sewer, trash and snow removal and exterior maintenance. Right Across Middlesex County College, Access to local bus. Commuters Delight to Edison / Metuchen Train station, Major highways (NJTPK, Rt 1/27/287, GSP) Shopping Malls, NY City, Oak Tree Mkt. call to see it today!!!

Last Agent to Sell the Property

Deepak Bansal

KELLER WILLIAMS CORNERSTONE Listed on: 10/24/2024

KELLER WILLIAMS CORNERSTONE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 1977

Home Design

  • Garden Apartment
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Formal Dining Room
  • Storage
  • Utility Room
  • Ceramic Tile Flooring

Kitchen

  • Gas Oven or Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Additional Parking
  • On-Street Parking
  • On-Site Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Porch

Location

  • Ground Level Unit
  • Property is near public transit and shops

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, snow removal, trash, ground maintenance
  • Mill Pointe Subdivision
  • The community has rules related to vehicle restrictions

Building Details

  • Maintenance Expense $272

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,649

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 896
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Mill Pointe
  • Architectural Style: Garden Apartment Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Ground Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Structure Type: Garden Apartment Style
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: 1st Floor
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Granite/Corian Countertops, Separate Dining Area
  • Appliances: Gas Range/Oven, Exhaust Fan, Refrigerator, Gas Water Heater
  • Accessibility Features: Tub Seat
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: 2 Bedrooms, Kitchen, Living Room, Bath Main, Storage, Utility Room, None
  • Stories: 1

Exterior Features

  • Lot Features: Near Shopping, Near Train, Interior Lot, Near Public Transit
  • Exterior Features: Open Porch(es), Curbs, Sidewalk
  • Patio And Porch Features: Porch
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Additional Parking, Asphalt, On Site, On Street, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Restricted i.e. size

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 39029760

Multi Family

  • Maintenance Expense: 272

Tax Info

  • Tax Annual Amount: 3649
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Feb 19, 2025
Sold by
Swarnakar Krishnakanth
Bought by
Nasrullah Kamaran
Seller's Agent
Deepak Bansal
KELLER WILLIAMS CORNERSTONE
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%
Views
203
Current Estimated Value
$239,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,849
Avg. Annual Appreciation
10.44%
Original Mortgage
$198,000
Outstanding Balance
$196,833
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$43,016

Purchase Details

Closed on
Dec 15, 2016
Sold by
Genco Mangement Comp Llc
Bought by
Swarnakar Krishakanth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $220,000 Cosmos Title
Deed $220,000 Cosmos Title
Deed $107,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 New Conventional
Closed $198,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2025 03/13/25 Sold $220,000 -2.2% --
10/24/2024 10/24/24 For Sale $224,900 -- --
Source: All Jersey MLS

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 $3,381 $65,000 $40,000 $25,000
2017 $3,286 $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: 2504659R

All Jersey MLS

APN: 05-00375-32-00025-0000-C0487