NOT LISTED FOR SALE

55 Gill Ln Unit 71 Iselin, NJ 08830

Estimated Value: $250,392 - $309,000

2 Beds
1 Bath
-- Sq Ft
653 Sq Ft Lot

Last Sold January 04, 2024

Last sale price $266,000

Est. 5% increase in value since last sale

Current estimated payment $1,852/month

24 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Ground Level Unit
  • John F. Kennedy Memorial High School Rated A-
  • End Unit
  • Galley Kitchen

About This Home

As of January 2024

Welcome to this updated ground floor 2 bedroom, 1 bath condo boasting a nice balcony. The open concept unit is in excellent condition. As you enter, you'll notice a large bright spacious living/dining combo. The unit has hardwood floors throughout and offers spacious bedrooms. Move right into the freshly painted unit with the renovated kitchen and bathroom. Newer washer/dryer combo in the unit. HOA includes Heat, Water, Snow Removal. 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. Bring your fussiest buyers and investors.

Last Agent to Sell the Property

Laura Giacobbe

KELLER WILLIAMS ELITE REALTORS Listed on: 12/10/2023

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,136

Year Built

  • Built in 1966

Lot Details

  • End Unit

Home Design

  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Open Parking
  • Unassigned Parking

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management fee, common area maintenance, insurance, maintenance structure, heat, sewer, snow removal, trash, ground maintenance, maintenance fee, water
  • Brookside Condo Subdivision

Building Details

  • Maintenance Expense $453

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,136

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 Condo
  • Architectural Style: End Unit
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Ground Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1966
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Galley Type
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Bath Full, None
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Asphalt, Common, Open, Unassigned

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Management Fee, Common Area Maintenance, Insurance, Maintenance Structure, Heat, Sewer, Snow Removal, Trash, Maintenance Grounds, Maintenance Fee, Water

Lot Info

  • Zoning: MF

Multi Family

  • Maintenance Expense: 453

Tax Info

  • Tax Annual Amount: 4136
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2023
Closed on
Jan 4, 2024
Sold by
Bellaray Properties Llc
Bought by
Chen Zhiwei and Zheng Rong
Seller's Agent
Laura Giacobbe
KELLER WILLIAMS ELITE REALTORS
List Price
$240,000
Sold Price
$266,000
Premium/Discount to List
$26,000
10.83%
Views
59
Current Estimated Value
$278,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,848
Avg. Annual Appreciation
2.63%

Purchase Details

Listed on
Nov 17, 2020
Closed on
Oct 1, 2020
Sold by
Bansal Renu
Bought by
Bellaray Properties Llc
Seller's Agent
Laura Giacobbe
KELLER WILLIAMS ELITE REALTORS
Sold Price
$1,625

Purchase Details

Closed on
Aug 15, 2005
Sold by
Mcdaniel Ronald
Bought by
Bansal Renu and Bansal Pawan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Chen Zhiwei $266,000 Foundation Title
Chen Zhiwei $266,000 Foundation Title
Bellaray Properties Llc $142,000 None Available
Bellaray Properties Llc $142,000 None Listed On Document
Bansal Renu $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bansal Renu $173,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2024 01/04/24 Sold $266,000 +10.8% --
12/10/2023 12/10/23 For Sale $240,000 0.0% --
11/17/2020 11/17/20 Rented -- -- --
11/17/2020 11/17/20 For Rent $1,625 -- --
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 $4,698 $39,000 $6,000 $33,000
2024 $4,241 $39,000 $6,000 $33,000
2023 $4,241 $36,000 $6,000 $30,000
2022 $4,136 $36,000 $6,000 $30,000
2021 $4,102 $36,000 $6,000 $30,000
2020 $3,976 $36,000 $6,000 $30,000
2019 $3,882 $36,000 $6,000 $30,000
2018 $3,804 $36,000 $6,000 $30,000
2017 $3,322 $32,000 $6,000 $26,000
2016 $3,298 $32,000 $6,000 $26,000
2015 $3,239 $32,000 $6,000 $26,000
2014 $3,168 $32,000 $6,000 $26,000
Source: Public Records

Agents Affiliated with this Home

  • Laura Giacobbe

    Seller's Agent in 2024

    Laura Giacobbe

    KELLER WILLIAMS ELITE REALTORS

    (732) 259-2718

    5 in this area

    64 Total Sales

    Laura Giacobbe
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Map

Source: All Jersey MLS

MLS Number: 2405526R

All Jersey MLS

APN: 25-00374-0000-00100-0000-C0071

New Jersey Middlesex County Iselin 08830

55 Gill Ln Unit 71, Iselin, NJ

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