$255,000
SOLD MAY 7, 2025 RENTED JUL 15, 2025

5 Lake Ave Unit 7B East Brunswick, NJ 08816

1 Bed
1 Bath
-- Sq Ft
1970 Built

Recently Sold

6% Above List Price

21 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Eat-In Kitchen
  • Lawrence Brook Elementary School Rated A-
  • Formal Dining Room
  • Living Room

About This Home

As of May 2025

Well maintained 1 bedroom, 1 bath, new kitchen, new carpet and new wall air conditioners and new stove, dishwasher and refrigerator. Freshly painted.

Last Agent to Sell the Property

JOHN DELGALDO

KELLER WILLIAMS CORNERSTONE Listed on: 03/10/2025

KELLER WILLIAMS CORNERSTONE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 1970

Home Design

  • Flat Roof Shape
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

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

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops

Utilities

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

Community Details

Overview

  • Association fees include amenities-some, heat, snow removal, ground maintenance, maintenance fee
  • Lake Estates Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $325

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,296

Year Built

Built in 1970

Lot Details

0

Listing Details

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

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Gas Range/Oven, Refrigerator, Gas Water Heater
  • Has Basement: Full, Exterior Entry, Laundry Facilities
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Entrance Foyer, 1 Bedroom, Kitchen, Living Room, Bath Full, Dining Room, None
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Public Transit
  • Exterior Features: Deck, Sidewalk
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Flat

Garage/Parking

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

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

  • Community Features: Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Amenities-Some, Heat, Snow Removal, Maintenance Grounds, Maintenance Fee

Multi Family

  • Maintenance Expense: 325

Tax Info

  • Tax Annual Amount: 4296
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Apr 30, 2025
Sold by
Stephenson Lindsy M
Bought by
Chaudhry Faisal
Seller's Agent
JOHN DELGALDO
KELLER WILLIAMS CORNERSTONE
List Price
$239,900
Sold Price
$255,000
Premium/Discount to List
$15,100
6.29%
Views
54
Current Estimated Value
$241,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,264
Avg. Annual Appreciation
-19.24%
Original Mortgage
$135,000
Outstanding Balance
$134,640
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$107,096

Purchase Details

Closed on
May 4, 2006
Sold by
Chin Wai
Bought by
Stephenson Lindsy
Source: Public Records

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Range of Values:

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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 $255,000 Evident Title Agency
Deed $255,000 Evident Title Agency
Deed $65,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,000 New Conventional
Closed $135,000 New Conventional
Previous Owner $62,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Rented $2,000 0.0% --
05/08/2025 05/08/25 For Rent $2,000 0.0% --
05/07/2025 05/07/25 Sold $255,000 +6.3% --
03/10/2025 03/10/25 For Sale $239,900 -- --
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 $3,791 $36,800 $15,000 $21,800
2014 $3,710 $36,800 $15,000 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2510219R

All Jersey MLS

APN: 04-00026-02-00002-0000-C0513