NOT LISTED FOR SALE

55 Gill Ln Unit 14 Iselin, NJ 08830

Iselin Neighborhood

Estimated Value: $229,000 - $280,000

1 Bed
1 Bath
-- Sq Ft
479 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $230,100

Est. 8% increase in value since last sale

Current estimated payment $1,678/month

13 Days on Market

Highlights

  • Unit is on the top floor
  • Property is near public transit
  • Combination Dining and Living Room
  • John F. Kennedy Memorial High School Rated A-
  • Wood Flooring
  • Ceiling Fan

About This Home

As of February 2024

Welcome to this second floor 1 bedroom and 1 bath condo, situated minutes away from Menlo Park and Woodbridge Mall, hospitals, restaurants, and downtown Iselin. Access to Rt 1 & 9, Rt 27, Garden State PKWY, NJ Turnpike, NJ trains and Bus, and Amtrack trains. As you enter, you'll notice a bright spacious living dining comb. Brand new washer/dryer combo in the unit. Freshly painted and updated bathroom tiles. HOA includes Heat, Water, Snow Removal. Bring your fussiest buyers and investors.

Last Listed By

NANDAI SOOKHOO

WEICHERT CO REALTORS Listed on: 11/18/2023

WEICHERT CO REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,446

Year Built

  • Built in 1966

Lot Details

  • 479

Parking

  • Open Parking

Home Design

  • Garden Apartment
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Gas Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, maintenance structure, heat, snow removal, water
  • Brookside/Iselin Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $351

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,446

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Brookside/Iselin
  • Architectural Style: Garden Apartment Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Top Floor
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Garden Apartment Style
  • Year Built: 1966
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Not Eat-in Kitchen
  • Appliances: Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: None, 1 Bedroom, Kitchen, Living Room, Bath Full, Dining Room
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Asphalt

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Heat, Snow Removal, Water

Lot Info

  • Zoning: MF

Multi Family

  • Maintenance Expense: 351

Tax Info

  • Tax Annual Amount: 3446
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Feb 26, 2024
Sold by
Rsu Realty Llc
Bought by
Mundada Mayur B and Mundada Sweta M
Seller's Agent
NANDAI SOOKHOO
WEICHERT CO REALTORS
List Price
$232,900
Sold Price
$230,100
Premium/Discount to List
-$2,800
-1.2%
Total Days on Market
13
Views
89
Current Estimated Value
$249,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,433
Avg. Annual Appreciation
5.63%
Original Mortgage
$172,575
Outstanding Balance
$170,845
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$74,615

Purchase Details

Closed on
Mar 15, 2017
Sold by
Rakamnickam Sivasankaran C
Bought by
Rsu Realty Llc

Purchase Details

Closed on
Aug 24, 2007
Sold by
Bansal Rajendra
Bought by
Rajamanickam Sivasankaran C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2004
Sold by
Katula Gerard
Bought by
Bansal Rajendra

Range of Values:

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Average Value
Not Available
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
Mundada Mayur B $230,100 Title Authority
Rsu Realty Llc $130,000 Chicago Title Ins Co
Rajamanickam Sivasankaran C $160,000 Multiple
Bansal Rajendra $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mundada Mayur B $172,575
Previous Owner Rajamanickam Sivasankaran C $119,350
Previous Owner Rajamanickam Sivasankaran C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $230,100 -1.2% --
11/18/2023 11/18/23 For Sale $232,900 -- --
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 $3,534 $33,000 $6,000 $27,000
2023 $3,534 $30,000 $6,000 $24,000
2022 $3,446 $30,000 $6,000 $24,000
2021 $3,235 $30,000 $6,000 $24,000
2020 $3,313 $30,000 $6,000 $24,000
2019 $3,235 $30,000 $6,000 $24,000
2018 $3,170 $30,000 $6,000 $24,000
2017 $2,699 $26,000 $6,000 $20,000
2016 $2,680 $26,000 $6,000 $20,000
2015 $2,631 $26,000 $6,000 $20,000
2014 $2,574 $26,000 $6,000 $20,000
Source: Public Records

Agents Affiliated with this Home

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Source: All Jersey MLS

MLS Number: 2405638R

All Jersey MLS

APN: 25-00374-0000-00100-0000-C-0014