$270,000
●
Condo -
For Sale
55 Gill Lane #32
Iselin, NJ 08830
1 Bed
1 Bath
$1,657
Est. Monthly
7.19%
Cap Rate
About This Property
Well maintained 1 bedroom and 1 bath unit. Spacious living/dining
room combo, large bedroom, full bath and kitchen. Covered terrace,
perfect for lounging or watching the sun rise and set from the East
and West. Commuters will love the short distance to Metro
Park train station, near GSP, Rt 1 & 9, NJ Turnpike. Short distance
to shopping, dining, laundromat, and salons.
Unit Size
-
Days on Market
36 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$331
HOA Dues
-
Year Built
1984
Listed By
Payment Calculator
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Down Payment
%
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Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (CJMLS #2509323R)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 18, 2025 | Listed by DAVID REALTY GROUP | $270,000 | |
| Listed by DAVID REALTY GROUP | |||
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed by WEICHERT CO REALTORS | $245,900 | |
| Listed by WEICHERT CO REALTORS | |||
   | |||
|
This second floor 1 bedroom and 1 bath unit boasts a spacious
living/dining combo, and spacious bedroom, bath and kitchen. Close
to Metro Park train station, bus line, shopping, Restaurants, 2
malls, HWY, Route 1 & 9, 287, GSPS, NJ turnpike, Oak Tree Road and
Hospital. Great to live in or investors.
| |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 1
Features: Living Dining Combo
Features: Full Bath
Features: Not Eat-in Kitchen
Interior Features: None, 1 Bedroom, Kitchen, Living Room, Bath Full, Dining Room, Attic
Appliances: Gas Range/Oven, Microwave, Refrigerator, Gas Water Heater
Flooring Type: Ceramic Tile, Wood
Rooms: 3
Parking Details
Parking Features: None, On Site, Assigned
Exterior Details
Deck, Enclosed Porch(es)
PropertySubType: Condo/TH
Levels: 2nd Floor, Top Floor
Stories (Total): 2
Patio and Porch Features: Deck, Enclosed
Parcel Number: 2125003740000001000000C0032
Water Source: Public
Financial Details
Tax Annual Amount: $3,975
Tax Year: $2,024
Utilities Details
Utilities: Natural Gas Connected
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Baseboard Hotwater, Hot Water
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Heat, Snow Removal, Trash, Water
Association Fee2 Frequency: Monthly
Pets Allowed: Yes
55 Gill Lane #32, 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 |
|---|---|---|---|---|---|---|---|---|
|
12/13/2024
|
2 Bed
|
1 Bath
|
-
|
$240,000
2 Bed
1 Bath
|
$240,000
01/31/2025
|
-
|
DHAVAL PATEL
KELLER WILLIAMS ELITE REALTORS
| |
|
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 - Wayne
| |
|
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: MARIA SANCHEZ-MARISCAL
DAVID REALTY GROUP
Last Updated: 2 months ago
Data Source: CJMLS , MLS# 2509323R
DAVID REALTY GROUP
Last Updated: 2 months ago
Data Source: CJMLS , MLS# 2509323R
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
