NOT LISTED FOR SALE

55 Gill Ln Unit 67 Iselin, NJ 08830

Estimated Value: $221,602 - $265,000

1 Bed
1 Bath
1,000 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $232,500 $232 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,639/month

17 Days on Market

Highlights

  • Property is near public transit
  • Galley Kitchen
  • 1-Story Property
  • John F. Kennedy Memorial High School Rated A-
  • Living Room
  • Baseboard Heating

About This Home

As of May 2024

Welcome to 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. HOA includes Heat, Water, Snow Removal. Bring all your offers! Best and Final by Thursday.3/14/24

Last Agent to Sell the Property

Visalakshi Ramanathan

NEW AND MODERN GROUP LLC Listed on: 03/07/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,534

Year Built

  • Built in 1980

Lot Details

  • 436

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Interior Unit
  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, reserve fund, heat, snow removal, trash, water
  • Brookside/Iselin Condo B Subdivision

Building Details

  • Maintenance Expense $350

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,534

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Brookside/Iselin Condo B
  • Architectural Style: Middle Unit, Townhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Structure Type: Townhouse
  • Year Built: 1980
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 0

Interior Features

  • Room Kitchen Features: Galley Type
  • Appliances: Gas Range/Oven, Refrigerator, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: 1 Bedroom, Kitchen, Living Room, Bath Full, None
  • Living Area: 1000

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Reserve Fund, Heat, Snow Removal, Trash, Water

Lot Info

  • Zoning: MF

Multi Family

  • Maintenance Expense: 350

Tax Info

  • Tax Annual Amount: 3534
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 6, 2024
Sold by
Veerapan Lakshmanan and Palaniyappan Vijayalakshmi
Bought by
Modi Pankajkumar D and Modi Rinaben P
Seller's Agent
Visalakshi Ramanathan
NEW AND MODERN GROUP LLC
List Price
$225,000
Sold Price
$232,500
Premium/Discount to List
$7,500
3.33%
Views
271
Current Estimated Value
$248,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,901
Avg. Annual Appreciation
4.45%
Original Mortgage
$170,250
Outstanding Balance
$167,863
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$80,538

Purchase Details

Listed on
Feb 11, 2022
Closed on
May 27, 2022
Sold by
Bkls Llc
Bought by
Veerappan Lakshmanan and Palaniyappan Vijayalakshmi
Seller's Agent
NANDAI SOOKHOO
WEICHERT CO REALTORS
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%
Original Mortgage
$129,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2016
Sold by
Kommineni Shrinivasa and Kuppuswamook Venkatasuramanian
Bought by
Bkls Llc

Purchase Details

Closed on
Mar 28, 2011
Sold by
Raman Pichai
Bought by
Kommineni Srinivasa and Kuppuswamy Venkatasubramanian

Purchase Details

Closed on
Dec 22, 1999
Sold by
Deitcher Judith
Bought by
Pichai Raman
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Modi Pankajkumar D $232,500 Stewart Title
Modi Pankajkumar D $232,500 Stewart Title
Veerappan Lakshmanan $180,000 None Listed On Document
Bkls Llc -- None Available
Kommineni Srinivasa $108,000 None Available
Pichai Raman $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modi Pankajkumar D $170,250
Closed Modi Pankajkumar D $170,250
Previous Owner Veerappan Lakshmanan $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $232,500 +3.3% $233 / Sq Ft
03/08/2024 03/08/24 For Sale $225,000 +25.0% $225 / Sq Ft
06/09/2022 06/09/22 Sold $180,000 +0.1% -- View Prior Sale
04/23/2022 04/23/22 Off Market $179,900 -- --
02/11/2022 02/11/22 For Sale -- -- --
02/11/2022 02/11/22 For Sale $180,000 -- --
02/10/2022 02/10/22 For Sale -- -- --
02/08/2022 02/08/22 For Sale -- -- --
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: 2409042R

All Jersey MLS

APN: 25-00374-0000-00100-0000-C0067