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159 College Dr

Edison, NJ 08817

2 bd 1 ba 702 sqft Built 1977 Lot 96 sqft condos
Most recent sale
$186,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $186,000 MLS #2210858R
Mar 15, 2022 Listed $185,000 MLS #2210858R
Jun 15, 2021 Listing removed $1,475 AllJerseyMLS
Nov 11, 2017 Listing removed $1,350 AllJerseyMLS
Oct 31, 2017 Listed for rent $1,350 AllJerseyMLS
Aug 20, 2007 Sold $162,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $21,100 $40,000 $61,100 $3,636
2024 $21,100 $40,000 $61,100 $3,637
2023 $21,100 $40,000 $61,100 $3,617
2022 $38,200 $40,000 $78,200 $4,631
2021 $38,200 $40,000 $78,200 $4,616
2020 $38,200 $40,000 $78,200 $4,574
2019 $38,200 $40,000 $78,200 $4,229
2018 $38,200 $40,000 $78,200 $4,295
2017 $38,200 $40,000 $78,200 $4,204
2016 $38,200 $40,000 $78,200 $3,954
2015 $38,200 $40,000 $78,200 $3,804
2014 $38,200 $40,000 $78,200 $3,696
2013 $38,200 $40,000 $78,200 $3,578
2012 $38,200 $40,000 $78,200 $3,542
2011 $38,200 $40,000 $78,200 $3,502
2010 $38,200 $40,000 $78,200 $3,315
2009 $38,200 $40,000 $78,200 $3,228
2008 $38,200 $40,000 $78,200 $3,085
2007 $38,200 $40,000 $78,200 $2,909

Property facts

Year built
1977
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
702 sqft
Lot size
96 sqft
ZIP code
08817
City
Edison
Street
College Dr
Coordinates
40.50154, -74.37434

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,053
Gross rental yield
6.79%
Implied cap rate
4.42%
Trend-extrapolated value

Frequently asked questions

When did 159 College Dr last sell?
159 College Dr most recently sold on May 24, 2022 for $186,000.
What is the current tax assessment for 159 College Dr?
The most recent total assessment for 159 College Dr (year 2025) is $61,100 with $3,636 in property tax.
How does 159 College Dr's assessment compare to its last sale price?
The current assessment is 67.2% below the last sale price of $186,000.
When was 159 College Dr built?
159 College Dr was built in 1977.
How does 159 College Dr compare to others on College Dr?
We track 8 other properties on College Dr. Browse the list under "Other properties on College Dr" to compare beds, baths, and sale history.
What are the property facts for 159 College Dr?
159 College Dr is a 2 bed, 1 bath, 702 sqft, 96 sqft lot condos.
Is 159 College Dr a flip candidate?
No — 159 College Dr does not appear in our flips dataset.
Is 159 College Dr a tax-appeal candidate?
No — 159 College Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$566.4K
2026 Q4
$568.6K
ZIP 08817 — Median Price History + Forecast

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