NOT LISTED FOR SALE

5 Gate House Ln Edison, NJ 08820

Estimated Value: $619,000 - $686,000

2 Beds
2.5 Baths
-- Sq Ft
1983 Built

Last Sold April 12, 2013

Last sale price $350,000

Est. 86% increase in value since last sale

Current estimated payment $4,314/month

Highlights

  • Outdoor Pool
  • Wood Flooring
  • 2 Car Attached Garage
  • Woodbrook Elementary School Rated A
  • End Unit
  • Walk-In Closet

About This Home

As of February 2022

Well maintained, bright and spacious Elan model townhouse (Can be used as 3 bed) located in the prestigious Park Gate Community(gated with security). Highly rated North Edison schools. Plenty of high quality upgrades, lots of storage with extra closets and two care garage. Private backyard space, recently re-done floors, lighting and whole house freshly painted and ready to move in. Includes 24 hour security guard, gorgeous pool, landscaping, immaculate snow removal, all exterior maintenance, tennis courts and garbage disposal. Income verification and 650+ Credit

Last Agent to Rent the Property

Venugopal Sunkari

Lovi Real Estate License #1755602 Listed on: 02/02/2022

Last Renter's Agent

Nancy Kronheimer

Weichert Realtors License #9806963

Weichert Realtors

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1983

Lot Details

  • End Unit
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Visitor Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Dryer

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Outdoor Pool
  • Patio

Schools

  • Edison High School

Utilities

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

Listing and Financial Details

  • Security Deposit $4,350
  • Property Available on 2/1/22
  • Assessor Parcel Number 05-00593-0000-00050-0000-C0005

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, snow removal

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Security Guard

Townhouse Details

Home Type

Townhome

Year Built

Built in 1983

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2022-02-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Snow Removal
  • Inclusions: Stove, Microwave, Refrigerator, Dishwasher, Dryer, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: End Unit, Townhouse
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1983
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Pool Common2: Yes
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Cooling Electric3: Yes
  • Style Townhouse: Yes
  • Living Room Fireplace - Gas7: Yes
  • Common Elements Landscaping: Yes
  • Foyer Floor - Wood: Yes
  • Contract Info Available Date: 2022-02-01
  • Maintenance Fees Security Deposit3: 4350.0
  • Lease Requirements Security Deposit4: Yes
  • Water Heater Tank: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Floors Tile: Yes
  • Style End Unit: Yes
  • Allowable Cats2: Yes
  • Allowable Dogs2: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Common Elements Swimming Pool: Yes
  • Parking Visitor2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bath Walk-in Closet3: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Patio, Tennis Court(s)

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Visitor
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Parcel #: 05-00593-0000-00050-0000-C0005

MLS Schools

  • High School: Edison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
Apr 12, 2013
Sold by
Mennor Alison
Bought by
Thandapani Jayakumar and Elangovan Kalaiarasi
Seller's Agent
Cathy Splinter
COLDWELL BANKER REALTY
Buyer's Agent
Veronica Hary
FOX & FOXX REALTY, LLC
Sold Price
$350,000
Current Estimated Value
$649,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,454
Avg. Annual Appreciation
4.96%
Original Mortgage
$280,000
Outstanding Balance
$59,709
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$589,745

Purchase Details

Closed on
May 31, 2002
Sold by
Rosmarin Marvin
Bought by
Mennor Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thandapani Jayakumar $350,000 Stewart Title Guaranty Co
Mennor Allison $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thandapani Jayakumar $280,000
Previous Owner Mennor Allison $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2022 02/07/22 Rented $2,900 0.0% --
02/01/2022 02/01/22 For Rent $2,900 0.0% --
04/12/2013 04/12/13 Sold $350,000 -- -- View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $11,013 $185,000 $70,000 $115,000
2024 $10,954 $185,000 $70,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22202761

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 05-00593-0000-00050-0000-C0005