NOT LISTED FOR SALE

49 Gate House Ln Edison, NJ 08820

Estimated Value: $553,000 - $617,132

2 Beds
2.5 Baths
1,486 Sq Ft
$400/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $535,000 $360 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,048/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Eat-In Kitchen
  • Woodbrook Elementary School Rated A
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of February 2024

Showing Starts from Monday, 12/11/2023. HOA will be paid by the landlord. NORTH FACING UNIT...Brand New Flooring and Carpet!!! LARGE 2 Bedrooms.2 1/2 Baths, Huge livingroom with fireplace, Dinning Room, 2 Story Entry Foyer, 2 Car Oversized garage, Gated Community with Inground pool, 24 hours Survailance. North Edison Schools, Close to Major Highways and a few minutes away from Metro Prak train station and Metuchen train station, Shoprite and Strip Mall.

Last Agent to Rent the Property

UMANG BAID

EXP REALTY, LLC Listed on: 12/11/2023

EXP REALTY, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,745

Year Built

  • Built in 1985

Lot Details

  • 1,699

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Open Parking

Interior Spaces

  • 1,486 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Forced Air Heating System
  • Underground Utilities

Community Details

Overview

  • Park Gate Condo Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,745

Year Built

Built in 1985

Lot Details

0

Parking

2

Rental Info

  • Lease Term: See Remarks
  • Tenant Pays: See Remarks

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Park Gate Condo
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1985
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Gas Range/Oven, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: See Remarks
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Carpet
  • Interior Amenities: Entrance Foyer, Kitchen, Bath Half, Living Room, Dining Room, 2 Bedrooms, Laundry Room, Bath Full, Bath Main, None
  • Living Area: 1486
  • Stories: 2

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage, Attached, Garage Door Opener, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: See Remarks
  • Senior Community: No
  • HOA Rent Includes: See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 11, 2023
Sold by
Li Jiao and Li Zaiqi
Bought by
Sudhakar Kinthala and Sudhakar Chandrakala Kinthala
Seller's Agent
Ya Yuan Lien
EXP REALTY, LLC
List Price
$480,000
Sold Price
$535,000
Premium/Discount to List
$55,000
11.46%
Views
2
Current Estimated Value
$594,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,783
Avg. Annual Appreciation
5.64%
Original Mortgage
$428,000
Outstanding Balance
$420,258
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$174,525

Purchase Details

Closed on
Aug 2, 2013
Sold by
Nigro Pasqualina
Bought by
Li Jiao and Wang Zaiqi
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
Sudhakar Kinthala $535,000 None Listed On Document
Sudhakar Kinthala $535,000 None Listed On Document
Li Jiao $306,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sudhakar Kinthala $428,000
Closed Sudhakar Kinthala $428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Rented $2,990 -6.6% --
12/11/2023 12/11/23 For Rent $3,200 0.0% --
10/27/2023 10/27/23 Sold $535,000 +11.5% $360 / Sq Ft
09/08/2023 09/08/23 For Sale $480,000 -- $323 / Sq Ft
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

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Map

Source: All Jersey MLS

MLS Number: 2406028R

All Jersey MLS

APN: 05-00593-0000-00050-0000-C0049