$230,100
●
Condo -
Off Market
55 Gill Lane #14
Iselin, NJ 08830
1 Bed
1 Bath
$1,431
Est. Monthly
8.83%
Cap Rate
About This Property
Welcome to this second floor 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. As
you enter, you'll notice a bright spacious living dining comb.
Brand new washer/dryer combo in the unit. Freshly painted and
updated bathroom tiles. HOA includes Heat, Water, Snow
Removal. Bring your fussiest buyers and investors.
Unit Size
-
Days on Market
104 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$287
HOA Dues
-
Year Built
1984
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 12 months ago (CJMLS #2405638R)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2023 | In contract | - | |
| In contract | |||
| Nov 17, 2023 | Listed by WEICHERT CO REALTORS | $232,900 | |
| Listed by WEICHERT CO REALTORS | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Features: Living Dining Combo
Features: Not Eat-in Kitchen
Full Bathrooms: 1
Interior Features: None, 1 Bedroom, Kitchen, Living Room, Bath Full, Dining Room
Appliances: Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Wood
Rooms: 4
Parking Details
Parking Features: Asphalt
Exterior Details
PropertySubType: Condo/TH
Levels: Top Floor
Structure Type: Garden Apartment Style
Stories (Total): 2
Zoning: MF
Parcel Number: 25003740000001000000C0014
Water Source: Public
Financial Details
Tax Annual Amount: $3,446
Tax Year: $2,022
Utilities Details
Utilities: Electricity Connected, Natural Gas Connected
Cooling Type: Ceiling Fan(s), Wall Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Heat, Snow Removal, Water
Association Fee2 Frequency: Monthly
Pets Allowed: No
55 Gill Lane #14, Iselin, NJ, 08830
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/23/2024
|
1 Bed
|
1 Bath
|
-
|
$275,000
1 Bed
1 Bath
|
$265,000
-3.64%
10/09/2024
|
-
|
RONNIE GLOMB
YOUR TOWN REALTY
| |
|
07/15/2024
|
1 Bed
|
1 Bath
|
-
|
$245,900
1 Bed
1 Bath
|
$265,000
+7.77%
09/03/2024
|
-
|
NANDAI SOOKHOO
WEICHERT CO REALTORS
| |
|
06/28/2024
|
1 Bed
|
1 Bath
|
-
|
$259,000
1 Bed
1 Bath
|
$250,000
-3.47%
09/06/2024
|
-
|
NAVNEET SINGH
REALTY MARK PLATINUM
| |
|
05/28/2024
|
1 Bed
|
1 Bath
|
-
|
$230,000
1 Bed
1 Bath
|
$245,000
+6.52%
08/23/2024
|
-
|
KAREN MOSES
REDFIN CORPORATION
| |
|
03/07/2024
|
Loft
|
1 Bath
|
-
|
$225,000
Loft
1 Bath
|
$232,500
+3.33%
05/17/2024
|
-
|
VISALAKSHI RAMANATHAN
WELLINGTON REALTY GROUP
| |
|
01/29/2024
|
1 Bed
|
1 Bath
|
-
|
$269,000
1 Bed
1 Bath
|
$244,500
-9.11%
03/30/2024
|
-
|
Mikhail Senderovich
Keller Williams Realty Metropolitan
| |
|
12/06/2023
|
2 Bed
|
1 Bath
|
-
|
$240,000
2 Bed
1 Bath
|
$266,000
+10.83%
01/04/2024
|
-
|
LAURA GIACOBBE
KELLER WILLIAMS ELITE REALTORS
| |
|
11/17/2023
|
1 Bed
|
1 Bath
|
-
|
$232,900
1 Bed
1 Bath
|
$230,100
-1.20%
02/29/2024
|
-
|
NANDAI SOOKHOO
WEICHERT CO REALTORS
| |
|
10/03/2023
|
1 Bed
|
1 Bath
|
-
|
$245,000
1 Bed
1 Bath
|
$210,000
-14.29%
01/19/2024
|
-
|
RAJAGOPAL KANUKOLLU
JOHN ANTHONY AGENCY C-21
| |
|
06/30/2023
|
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
$220,000
+7.32%
09/01/2023
|
-
|
NANDAI SOOKHOO
WEICHERT CO REALTORS
| |
|
05/01/2023
|
1 Bed
|
1 Bath
|
-
|
$195,000
1 Bed
1 Bath
|
$190,000
-2.56%
08/22/2023
|
-
|
NANDAI SOOKHOO
WEICHERT CO REALTORS
| |
|
04/27/2023
|
1 Bed
|
1 Bath
|
-
|
$190,000
1 Bed
1 Bath
|
$185,000
-2.63%
06/30/2023
|
-
|
AKHILA ANEJA
KELLER WILLIAMS ELITE
| |
|
01/25/2023
|
1 Bed
|
1 Bath
|
-
|
$195,900
1 Bed
1 Bath
|
$190,000
-3.01%
04/20/2023
|
-
|
NANDAI SOOKHOO
WEICHERT CO REALTORS
| |
|
12/13/2022
|
1 Bed
|
1 Bath
|
-
|
$189,900
1 Bed
1 Bath
|
$188,000
-1.00%
04/28/2023
|
-
|
NANDAI SOOKHOO
WEICHERT CO REALTORS
| |
|
12/07/2022
|
1 Bed
|
1 Bath
|
-
|
$204,900
1 Bed
1 Bath
|
$204,900
05/17/2023
|
-
|
JENNIE ESPOSITO
COLDWELL BANKER REALTY
| |
|
08/13/2022
|
1 Bed
|
1 Bath
|
-
|
$192,900
1 Bed
1 Bath
|
$190,000
-1.50%
01/20/2023
|
-
|
NANDAI SOOKHOO
WEICHERT CO REALTORS
| |
|
08/05/2022
|
1 Bed
|
1 Bath
|
-
|
$190,000
1 Bed
1 Bath
|
$188,500
-0.79%
01/20/2023
|
-
|
NANDAI SOOKHOO
WEICHERT CO REALTORS
| |
|
06/08/2022
|
2 Bed
|
1 Bath
|
-
|
$199,000
2 Bed
1 Bath
|
$205,000
+3.02%
11/24/2022
|
-
|
Sweta Patel
Keller Williams - Fort Lee
| |
|
05/18/2022
|
1 Bed
|
1 Bath
|
579 ft²
|
$149,000
1 Bed
1 Bath
579 ft²
|
-
-
|
-
|
JEFFREY S. SPECTOR
CHRISTIE'S INT. REAL ESTATE GROUP
| |
|
03/12/2022
|
1 Bed
|
1 Bath
|
-
|
$179,000
1 Bed
1 Bath
|
-
-
|
-
|
NEELAM MAKKER
RE/MAX COMPETITIVE EDGE
| |
|
12/24/2021
| |
2 Bed
|
1 Bath
|
-
|
$1,900
2 Bed
1 Bath
|
-
-
|
-
|
Kenya Uknuis
Metuchen
|
|
01/24/2022
|
1 Bed
|
1 Bath
|
-
|
$169,000
1 Bed
1 Bath
|
$154,000
-8.88%
04/28/2022
|
-
|
Qizhan Yao
Realmart Realty LLC
| |
|
01/07/2022
|
1 Bed
|
1 Bath
|
-
|
$175,000
1 Bed
1 Bath
|
-
-
|
-
|
STELLA LUK
REALMART REALTY LLC
| |
|
10/28/2021
|
1 Bed
|
1 Bath
|
-
|
$169,900
1 Bed
1 Bath
|
$170,000
+0.06%
01/21/2022
|
SAHIL ANEJA
ON TRACK REALTY
| ||
|
10/06/2021
|
1 Bed
|
1 Bath
|
-
|
$169,900
1 Bed
1 Bath
|
$169,900
02/04/2022
|
-
|
NANDAI SOOKHOO
WEICHERT CO REALTORS
| |
|
09/11/2021
|
1 Bed
|
1 Bath
|
-
|
$170,000
1 Bed
1 Bath
|
-
-
|
-
|
NEELAM MAKKER
RE/MAX COMPETITIVE EDGE
| |
|
08/03/2021
|
1 Bed
|
1 Bath
|
-
|
$159,900
1 Bed
1 Bath
|
$160,000
+0.06%
10/27/2021
|
-
|
NEELAM MAKKER
RE/MAX COMPETITIVE EDGE
| |
|
08/02/2021
|
1 Bed
|
1 Bath
|
-
|
$169,950
1 Bed
1 Bath
|
$155,000
-8.80%
02/28/2022
|
-
|
FRANK HERNANDEZ
REALTY MARK PLATINUM, LLC
| |
|
01/09/2021
|
Loft
|
1 Bath
|
-
|
$1,450
Loft
1 Bath
|
-
-
|
-
|
-
| |
|
08/17/2020
|
2 Bed
|
1 Bath
|
-
|
$139,900
2 Bed
1 Bath
|
$142,000
+1.50%
10/05/2020
|
-
|
GURKAMAL SINGH
CENTURY 21 MAIN STREET REALTY
| |
|
04/02/2018
|
2 Bed
|
1 Bath
|
-
|
$175,000
2 Bed
1 Bath
|
$157,500
-10.00%
02/11/2019
|
-
|
Ana Montes
RE/MAX SELECT - Westfield
| |
|
07/09/2012
| |
2 Bed
|
1 Bath
|
-
|
$139,900
2 Bed
1 Bath
|
$125,000
-10.65%
09/19/2012
|
JOHN PEDERSEN
JACK PEDERSEN REALTY
| |
|
06/16/2009
| |
1 Bed
|
1 Bath
|
-
|
$150,000
1 Bed
1 Bath
|
$137,000
-8.67%
11/20/2009
|
-
|
Wayne Loux
RE/MAX 1st Advantage
|
|
02/17/2007
| |
2 Bed
|
1 Bath
|
-
|
$195,000
2 Bed
1 Bath
|
$190,000
-2.56%
06/07/2007
|
-
|
Susan Picciuto
CENTURY 21 PICCIUTO REALTY
|
|
06/09/2006
| |
1 Bed
|
1 Bath
|
-
|
$185,000
1 Bed
1 Bath
|
$172,000
-7.03%
08/01/2006
|
-
|
Renee Gast
Davis Realtors
|
|
09/11/2005
| |
1 Bed
|
1 Bath
|
-
|
$175,000
1 Bed
1 Bath
|
$159,000
-9.14%
11/14/2005
|
-
|
EUNSEON KIM
JOHN ANTHONY AGENCY C-21
|
|
11/30/-0001
| |
2 Bed
|
1 Bath
|
-
|
$240,000
2 Bed
1 Bath
|
$266,000
+10.83%
01/04/2024
|
-
|
LAURA GIACOBBE
KELLER WILLIAMS ELITE REALTORS
|
Building Info
About Iselin
Similar Homes for Sale
Nearby Rentals
Listed by: NANDAI SOOKHOO
WEICHERT CO REALTORS
Last Updated: 12 months ago
Data Source: CJMLS , MLS# 2405638R
WEICHERT CO REALTORS
Last Updated: 12 months ago
Data Source: CJMLS , MLS# 2405638R
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
