RENTED SEP 4, 2025

7 Lake Ave Unit 1B East Brunswick, NJ 08816

Estimated Value: $215,067 - $271,000

1 Bed
1 Bath
953 Sq Ft
1970 Built

Highlights

  • Private Pool
  • Traditional Architecture
  • Eat-In Kitchen
  • Lawrence Brook Elementary School Rated A-
  • Den
  • Ceramic Tile Flooring

About This Home

As of September 2025

Location! Location! Location! Beautifully updated 2nd-floor condo featuring an eat-in kitchen with S/S appliances, a spacious living room, office/den with sliders to a private balcony, & a well-sized bedroom with lots of closet space. The rent includes gas, heat & water. The tenant pays electric & sewer. Association has an outdoor swimming pool. Easy access to Rt 18, Rt 1, NJ Tpk, Downtown New Brunswick, Rutgers University, & Hospitals. Very close to NYC buses, shopping, dining & recreation. East Brunswick Award-Winning Blue Ribbon Schools!

Last Agent to Rent the Property

Felix Diaz

RE/MAX FIRST REALTY, INC. Listed on: 07/05/2025

RE/MAX FIRST REALTY, INC.

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Underground Utilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer

Community Details

Overview

  • Association fees include maintenance fee, gas, water, heat
  • Lake Estates Subdivision

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: Cable TV, See Remarks, Electricity, Sewer

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Lake Estates
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, 2nd Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1970
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, See Remarks
  • Interior Amenities: 1 Bedroom, Kitchen, Living Room, Bath Full, Den, None
  • Living Area: 953
  • Stories: 1

Exterior Features

  • Pool Features: Outdoor Pool

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee, See Remarks, Gas, Water, Heat
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Chan Anthony C and Chan Laura S
Bought by
Gautam Suraj
Current Estimated Value
$252,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Outstanding Balance
$123,480
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,787

Purchase Details

Closed on
Apr 21, 2003
Sold by
Tsao Joanna
Bought by
Chan Anthony and Chan Laura
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
Gautam Suraj $170,000 Foundation Title Llc
Chan Anthony $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gautam Suraj $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Rented $2,000 0.0% --
07/05/2025 07/05/25 For Rent $2,000 -- --
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 $4,418 $36,800 $15,000 $21,800
2024 $4,297 $36,800 $15,000 $21,800
2023 $4,297 $36,800 $15,000 $21,800
2022 $4,282 $36,800 $15,000 $21,800
2021 $4,160 $36,800 $15,000 $21,800
2020 $4,154 $36,800 $15,000 $21,800
2019 $4,111 $36,800 $15,000 $21,800
2018 $4,037 $36,800 $15,000 $21,800
2017 $3,971 $36,800 $15,000 $21,800
2016 $3,889 $36,800 $15,000 $21,800
2015 $3,791 $36,800 $15,000 $21,800
2014 $3,710 $36,800 $15,000 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2516155R

All Jersey MLS

APN: 04-00026-02-00002-0000-C0702