NOT LISTED FOR SALE

5 Lake Ave Unit 2B East Brunswick, NJ 08816

Estimated Value: $173,433 - $229,000

1 Bed
1 Bath
953 Sq Ft
584 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $120,000 $126 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,477/month

Highlights

  • Private Pool
  • Deck
  • Eat-In Kitchen
  • Lawrence Brook Elementary School Rated A-
  • Den
  • Living Room

About This Home

As of June 2023

Commuters Delight! Beautiful 2nd-floor condo with top of workmanship and custom finishes! Located in the most desirable Lake Estate community, this unit features a large eat-in kitchen, a spacious living room with recessed lights & French doors leading to the office/den, which has sliders to a private balcony with views of the lake. A well-sized bedroom with lots of closet space completes this unit. Association has a swimming pool. EXCELLENT LOCATION: Very close to NYC buses, shopping, dining & recreation. Easy access to Rt 18, Rt 1, NJ Turnpike, downtown New Brunswick & Rutgers University. East Brunswick Award-Winning Blue Ribbon Schools! Rent includes gas, heat & water. Available Now.

Last Agent to Rent the Property

Jane Mueller

RE/MAX FIRST REALTY, INC. Listed on: 05/31/2023

RE/MAX FIRST REALTY, INC.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,830

Year Built

  • Built in 1970

Lot Details

  • 584

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Underground Utilities

Listing and Financial Details

  • Tenant pays for electricity, sewer

Community Details

Overview

  • Association fees include maintenance fee, gas, water, heat
  • Lake Estates Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,830

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: See Remarks, Electricity, Sewer

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0134
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Lake Estates
  • Architectural Style: Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, 2nd Floor
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1970
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Room Kitchen Features: Pantry, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: 1 Bedroom, Entrance Foyer, Kitchen, Living Room, Bath Main, Den
  • Living Area: 953
  • Stories: 1

Exterior Features

  • Pool Features: Outdoor Pool
  • Patio And Porch Features: Deck

Utilities

  • Gas Company: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee, See Remarks, Gas, Water, Heat
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 13, 2020
Sold by
Gao Shiming and Sui Xiujuan
Bought by
Bolkhovskiy Victor
Seller's Agent
Jane Mueller
RE/MAX FIRST REALTY, INC.
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$209,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,108
Avg. Annual Appreciation
11.89%

Purchase Details

Closed on
Jun 16, 2017
Sold by
Ibrahim George
Bought by
Gao Han and Gao Shiming

Purchase Details

Closed on
Oct 18, 2001
Sold by
Shenouda Adel
Bought by
Stipelman Charles and Stipelman Brian
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
Bolkhovskiy Victor $120,000 Title Evolution Llc
Gao Han $115,000 First Team Title Llc
Stipelman Charles $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Rented $1,995 0.0% --
05/31/2023 05/31/23 For Rent $1,995 +26.7% --
01/01/2022 01/01/22 Rented -- -- --
12/02/2021 12/02/21 Under Contract -- -- --
11/09/2021 11/09/21 For Rent $1,575 +1.6% --
12/29/2020 12/29/20 Rented -- -- --
12/29/2020 12/29/20 For Rent $1,550 0.0% --
10/15/2020 10/15/20 Sold $120,000 0.0% $126 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $120,000 -- $126 / 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
2024 $3,830 $32,800 $15,000 $17,800
2023 $3,830 $32,800 $15,000 $17,800
2022 $3,816 $32,800 $15,000 $17,800
2021 $3,708 $32,800 $15,000 $17,800
2020 $3,702 $32,800 $15,000 $17,800
2019 $3,664 $32,800 $15,000 $17,800
2018 $3,598 $32,800 $15,000 $17,800
2017 $3,539 $32,800 $15,000 $17,800
2016 $3,466 $32,800 $15,000 $17,800
2015 $3,379 $32,800 $15,000 $17,800
2014 $3,307 $32,800 $15,000 $17,800
Source: Public Records

Agents Affiliated with this Home

  • Jane Mueller

    Landlord's Agent in 2023

    Jane Mueller

    RE/MAX

    (732) 322-2908

    291 in this area

    365 Total Sales

    Jane Mueller
    Section Image
  • Faina Shapov

    Seller's Agent in 2020

    Faina Shapov

    RE/MAX

    (732) 589-3422

    7 in this area

    15 Total Sales

    Faina Shapov
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2310697R

All Jersey MLS

APN: 04-00026-02-00002-0000-C0503

New Jersey Middlesex County East Brunswick 08816

5 Lake Ave Unit 2B, East Brunswick, NJ

This home is located at 5 Lake Ave Unit 2B, East Brunswick, NJ 08816 since 31 May 2023 and is currently priced at $209,108. This property was built in 1970. 5 Lake Ave Unit 2B is a home located in Middlesex County with nearby schools including Lawrence Brook Elementary School, Memorial Elementary School, and Churchill Junior High School.

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