NOT LISTED FOR SALE

701 Jesse Way Piscataway, NJ 08854

Estimated Value: $411,000 - $500,000

2 Beds
2 Baths
1,196 Sq Ft
$371/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $356,500 $298 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,940/month

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Randolphville Elementary School Rated A-
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of February 2023

Must have 680+ credit, 1.5 months security deposit, 1 month in advance, no pets or smokers. Newly updated 2 bedrooms, 2 full bath unit for rent. Updated kitchen with stainless steel appliances, granite countertop, laminate wood flooring, entire unit freshly painted, wood-burning fireplace, 2 car garage as well. Short distance to Edison train station, Rutgers University, shopping, restaurants and more. Tenant pays for gas, electric, sewer, internet/TV.

Last Agent to Rent the Property

Raymond Lee

BETTER HOMES&GARDENS RE MATURO Listed on: 01/22/2023

BETTER HOMES&GARDENS RE MATURO

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,139

Year Built

  • Built in 1993

Lot Details

  • 379

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 1,196 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Deck
  • 379 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, gas
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include air conditioning, maintenance fee, water, heat
  • Commons/Piscataway Condo Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,139

Year Built

Built in 1993

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, See Remarks, Electricity, Sewer, Gas

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0087
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Commons/Piscataway Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1993
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Stove/Oven, Washer/Dryer, Kitchen Exhaust Fan, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Entrance Foyer, 2 Bedrooms, Kitchen, Bath Main, Dining Room, Family Room
  • Living Area: 1196
  • Stories: 2

Exterior Features

  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Attached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Maintenance Fee, See Remarks, Water, Heat
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 379

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2024
Sold by
Lee Kin K and Lee Suet F
Bought by
Lee Revocable Trust and Lee
Current Estimated Value
$444,197

Purchase Details

Listed on
Jan 22, 2023
Closed on
Jan 11, 2023
Sold by
Hasrajani Manish
Bought by
Lee Kin K and Lee Suet F
Seller's Agent
Raymond Lee
BETTER HOMES&GARDENS RE MATURO
Sold Price
$2,550
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Oct 3, 2005
Sold by
Tan John
Bought by
Hasrajani Manish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.79%

Purchase Details

Closed on
Sep 3, 2002
Sold by
Henderson Ernest
Bought by
Tan John and Tan Rosaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
6.2%

Purchase Details

Closed on
Sep 23, 1993
Sold by
The Commons At Piscataway
Bought by
Henderson Ernest and Henderson Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.87%
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
Lee Revocable Trust -- None Listed On Document
Lee Revocable Trust -- None Listed On Document
Lee Kin K $356,500 Clear Skies Title
Hasrajani Manish $275,000 --
-- $276,000 --
Tan John $185,000 --
Henderson Ernest $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $210,000
Previous Owner Tan John $149,000
Previous Owner Henderson Ernest $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2023 02/27/23 Rented $2,550 +2.0% --
01/22/2023 01/22/23 For Rent $2,500 0.0% --
01/17/2023 01/17/23 Sold $356,500 -3.6% $298 / Sq Ft View Prior Sale
08/16/2022 08/16/22 Price Changed $370,000 -2.6% $309 / Sq Ft
07/13/2022 07/13/22 For Sale $380,000 -- $318 / 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 $7,139 $408,700 $205,000 $203,700
2024 $7,070 $365,000 $165,000 $200,000
2023 $7,070 $338,300 $150,000 $188,300
2022 $6,486 $289,300 $110,000 $179,300
2021 $6,324 $270,500 $110,000 $160,500
2020 $6,177 $264,900 $90,000 $174,900
2019 $6,276 $264,700 $90,000 $174,700
2018 $6,021 $254,500 $90,000 $164,500
2017 $6,042 $221,000 $75,000 $146,000
2016 $5,932 $221,000 $75,000 $146,000
2015 $5,845 $221,000 $75,000 $146,000
2014 $5,702 $221,000 $75,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2307771R

All Jersey MLS

APN: 17-08901-0000-00008-01-C0701