NOT LISTED FOR SALE

55 Gill Ln Unit 4 Iselin, NJ 08830

Estimated Value: $205,662 - $268,000

1 Bed
1 Bath
-- Sq Ft
392 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $220,000

Est. 12% increase in value since last sale

Current estimated payment $1,634/month

7 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Baseboard Heating
  • John F. Kennedy Memorial High School Rated A-
  • Combination Dining and Living Room

About This Home

As of September 2023

LOCATION!!! LOCATION - Second floor open concept one bedroom unit in excellent condition. Large living/dining combo with lots of natural lighting and hardwood floors. Close to Metro Park Train Station, Bus, Rt1, 9, 35, GSP, NJ Turnpike and 287. Close to 2 malls, Shopping and Restaurants.

Last Agent to Sell the Property

NANDAI SOOKHOO

WEICHERT CO REALTORS Listed on: 06/30/2023

WEICHERT CO REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,446

Year Built

  • Built in 1966

Lot Details

  • 392

Home Design

  • Garden Apartment
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • On-Site Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

Overview

  • Association fees include gas, management fee
  • Brookside Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • 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
  • Architectural Style: Garden Apartment Style
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Structure Type: Garden Apartment Style
  • Year Built: 1966
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 0

Interior Features

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

Exterior Features

  • Lot Features: Near Public Transit, Near Shopping, Near Train
  • Pool Features: None
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Gas Company: Natural Gas
  • Cooling: 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
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Gas, Management Fee, See remarks

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
Jun 30, 2023
Closed on
Aug 31, 2023
Sold by
Ggproperty Manager Llc
Bought by
Reddy Lenkala Thrinayan and Chandana Sripathi Chandana
Seller's Agent
NANDAI SOOKHOO
WEICHERT CO REALTORS
List Price
$205,000
Sold Price
$220,000
Premium/Discount to List
$15,000
7.32%
Views
202
Current Estimated Value
$247,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,416
Avg. Annual Appreciation
5.36%
Original Mortgage
$154,000
Outstanding Balance
$150,697
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$96,719

Purchase Details

Closed on
Jul 15, 2021
Sold by
C Dms Investments Llc
Bought by
G Gproperty Manager Llc

Purchase Details

Closed on
Oct 19, 2017
Sold by
Balwani Vikram
Bought by
Cdms Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2004

Purchase Details

Closed on
Aug 30, 1996
Sold by
Velasco Silvio
Bought by
Balwani Raj
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reddy Lenkala Thrinayan $220,000 None Listed On Document
Reddy Lenkala Thrinayan $220,000 None Listed On Document
G Gproperty Manager Llc $145,000 Simplicity Title Llc
Cdms Investments Llc $142,000 Direct Title
-- $125,000 --
Balwani Raj $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Lenkala Thrinayan $154,000
Closed Reddy Lenkala Thrinayan $154,000
Previous Owner Cdms Investments Llc $99,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $220,000 +7.3% --
06/30/2023 06/30/23 For Sale $205,000 -- --
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
2025 $3,975 $33,000 $6,000 $27,000
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 $3,419 $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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Map

Source: All Jersey MLS

MLS Number: 2314273R

All Jersey MLS

APN: 25-00374-0000-00100-0000-C0004