NOT LISTED FOR SALE

58 Gate House Ln Edison, NJ 08820

Estimated Value: $626,000 - $663,647

3 Beds
2.5 Baths
1,578 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $625,000 $396 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,336/month

7 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • End Unit
  • Woodbrook Elementary School Rated A
  • Property is near public transit
  • Corner Lot

About This Home

As of June 2024

Welcome to this NORTH facing potential 3 bedroom unit in the desirable, gated, Park Gate community! This Domaine model features a double story entry foyer, living room with a wood buring fireplace, dining room with recess spot lights and can be converted bedroom on the ground floor with a bay window ideal for home office too!! Kitchen features an eat in kitchen area, stainless steel refrigerator, microwave and gas/oven stove appliances, backsplash and updated vinyl laminate flooring. Updated patio door (Pella) off the kitchen with one of the largest patio space within the development. Upstairs features two ensuites with updated baths with granite counter tops and walk in closets, second floor laundry room with washer and dryer. This 2 car garage is spacious with ample storage and the next future owner can easily setup an EV charger. Park Gate community features a pool, tennis courts and playgrounds. North Edison schools (Woodbrooke, Woodrow, JPS), close to Metropark or Metuchen train station to NYC, close to all major highways and shopping. Kickstart this coming summer in your new digs!

Last Agent to Sell the Property

Rupali Gandotra

ON TRACK REALTY Listed on: 05/03/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,486

Year Built

  • Built in 1983

Lot Details

  • 1,769 Sq Ft Lot
  • End Unit

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,578 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, reserve fund, ins common areas, snow removal, trash, ground maintenance
  • Park Gate Subdivision
  • The community has rules related to vehicle restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $390

Security

  • Gated Community
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,486

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0406
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: PARK GATE
  • Architectural Style: Townhouse, End Unit
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Kitchen Exhaust Fan, Pantry, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Kitchen Exhaust Fan, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Blinds, 1 Bedroom, Entrance Foyer, Kitchen, Bath Half, Living Room, Dining Room, 2 Bedrooms, Laundry Room, Bath Main, Bath Other, None
  • Living Area: 1578
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Lot Features: Near Shopping, Near Train, Corner Lot
  • Pool Features: Outdoor Pool
  • Direction Faces: North
  • Exterior Features: Patio, Door(s)-Storm/Screen
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Garage, Attached

Utilities

  • Gas Company: Natural Gas
  • Security: Security Gate
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Gated, Tennis Court(s)
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, Reserve Fund, Ins Common Areas, Snow Removal, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 1769
  • Zoning: RBBT

Multi Family

  • Maintenance Expense: 390

Tax Info

  • Tax Annual Amount: 10486
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 20, 2024
Sold by
Weinberg Joseph
Bought by
Karuppiah Sivakumar and Arjunan Padma
Seller's Agent
Rupali Gandotra
ON TRACK REALTY
List Price
$550,000
Sold Price
$625,000
Premium/Discount to List
$75,000
13.64%
Views
53
Current Estimated Value
$645,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,912
Avg. Annual Appreciation
2.60%
Original Mortgage
$500,000
Outstanding Balance
$493,982
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$151,930

Purchase Details

Closed on
Feb 28, 1984
Bought by
Weinberg Joseph and Weinberg Blanche
Source: Public Records

Range of Values:

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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
Karuppiah Sivakumar $625,000 Arch Abstract
Karuppiah Sivakumar $625,000 Arch Abstract
Weinberg Joseph $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karuppiah Sivakumar $500,000
Closed Karuppiah Sivakumar $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $625,000 +13.6% $396 / Sq Ft
05/03/2024 05/03/24 For Sale $550,000 -- $349 / Sq Ft
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 $10,942 $183,800 $70,000 $113,800
2024 $10,883 $183,800 $70,000 $113,800
2023 $10,883 $183,800 $70,000 $113,800
2022 $10,886 $183,800 $70,000 $113,800
2021 $9,903 $183,800 $70,000 $113,800
2020 $10,750 $183,800 $70,000 $113,800
2019 $9,940 $183,800 $70,000 $113,800
2018 $10,094 $183,800 $70,000 $113,800
2017 $9,138 $183,800 $70,000 $113,800
2016 $9,293 $183,800 $70,000 $113,800
2015 $8,940 $183,800 $70,000 $113,800
2014 $8,686 $183,800 $70,000 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2411449R

All Jersey MLS

APN: 05-00593-0000-00050-0000-C0058