NOT LISTED FOR SALE

5 Lake Ave Unit 3B East Brunswick, NJ 08816

Estimated Value: $189,620 - $253,000

1 Bed
1 Bath
953 Sq Ft
584 Sq Ft Lot

Last Sold September 24, 2021

Last sale price $148,000 $155 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,641/month

37 Days on Market

Highlights

  • Private Pool
  • Deck
  • L-Shaped Dining Room
  • Lawrence Brook Elementary School Rated A-
  • Contemporary Architecture
  • Eat-In Kitchen

About This Home

As of September 2021

Well Maintained 2nd Floor Condo With One Of The Best Location In The Complex. Short Distance To School, Shopping, Restaurant And Nyc Bus. This Bright And Sunny 2nd Floor Unit Have Wall To Wall Carpet, Spacious Living Room With Extra Storage Room, Sliding Door Right Off Dining Room To Your Private Balcony. Large Bedroom With Double Closet. Eat In Kitchen With Ample Cabinetry And A Pantry. Other Upgrade Include 4 Additional In-unit Water Pipe Shut-off Valves Installed By Roto-rooter For Convenience And Newer Electrical Panel Box. Association Fee Includes Water, Heat, Gas. And There Is A Community Pool In The Complex. This Condo Is Located In Central Jersey, East Brunswick Township, Award Winning Schools District.

Last Agent to Sell the Property

Suk Chiu-Ng

COLDWELL BANKER REALTY Listed on: 07/19/2021

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1970

Lot Details

  • 584

Home Design

  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 953 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Living Room
  • L-Shaped Dining Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • On-Site Parking
  • Open Parking

Outdoor Features

  • Private Pool
  • Deck

Location

  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Underground Utilities

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, gas, heat, water
  • Lake Estates Bldg 5 Subdivision
  • The community has rules related to vehicle restrictions

Building Details

  • Maintenance Expense $355

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,154

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0134
  • Ownership: Condominium
  • Subdivision Name: Lake Estates Bldg 5
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2nd Floor
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Dining L
  • Room Kitchen Features: Eat-in Kitchen, Pantry
  • Appliances: Gas Range/Oven, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: 1 Bedroom, Dining Room, Kitchen, Living Room
  • Living Area: 953
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Lot Features: Near Shopping
  • Pool Features: Outdoor Pool
  • Patio And Porch Features: Deck
  • Roof: Flat

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Site, On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, Gas, Heat, Water

Lot Info

  • Lot Size Sq Ft: 583
  • Zoning: O1

Multi Family

  • Maintenance Expense: 355

Tax Info

  • Tax Annual Amount: 4154
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 23, 2021
Sold by
Li Chunming and Zhao Wei
Bought by
Desai Devshri S
Seller's Agent
Suk Chiu-Ng
COLDWELL BANKER REALTY
List Price
$148,000
Sold Price
$148,000
Current Estimated Value
$231,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,655
Avg. Annual Appreciation
12.27%
Original Mortgage
$112,000
Outstanding Balance
$103,235
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$127,013

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 23, 2016
Sold by
Madan Juanita
Bought by
Li Chunming and Zhao Wei
Seller's Agent
Paul Novak
Coldwell Banker Realty
Buyer's Agent
Paul Novak
Coldwell Banker Realty
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
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
Desai Devshri S $148,000 Land Rush Title Agency Llc
Li Chunming $100,000 East Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Devshri S $112,000
Previous Owner Madan Juanita $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $148,000 0.0% $155 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $148,000 +48.0% $155 / Sq Ft
09/23/2016 09/23/16 Sold $100,000 -- $105 / 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 $4,297 $36,800 $15,000 $21,800
2023 $4,297 $36,800 $15,000 $21,800
2022 $4,282 $36,800 $15,000 $21,800
2021 $4,160 $36,800 $15,000 $21,800
2020 $4,154 $36,800 $15,000 $21,800
2019 $4,111 $36,800 $15,000 $21,800
2018 $4,037 $36,800 $15,000 $21,800
2017 $3,971 $36,800 $15,000 $21,800
2016 $3,889 $36,800 $15,000 $21,800
2015 $3,541 $36,800 $15,000 $21,800
2014 $3,460 $36,800 $15,000 $21,800
Source: Public Records

Agents Affiliated with this Home

  • Suk Chiu-Ng

    Seller's Agent in 2021

    Suk Chiu-Ng

    COLDWELL BANKER REALTY

    (732) 779-8300

    29 in this area

    54 Total Sales

    Suk Chiu-Ng
    Section Image

  • P

    Seller's Agent in 2016

    Paul Novak

    Coldwell Banker Realty

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2250100M

All Jersey MLS

APN: 04-00026-02-00002-0000-C0505

New Jersey Middlesex County East Brunswick 08816

5 Lake Ave Unit 3B, East Brunswick, NJ

This home is located at 5 Lake Ave Unit 3B, East Brunswick, NJ 08816 since 19 July 2021 and is currently estimated at $231,655, approximately $243 per square foot. This property was built in 1970. 5 Lake Ave Unit 3B 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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