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490 College Dr

Edison, NJ 08817

3 bd 2 ba 896 sqft Built 1977 Lot 100 sqft condos
Most recent sale
$261,000
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $261,000 MLS #2301622R
Aug 5, 2022 Listed $249,900 MLS #2301622R
Jun 20, 2022 Sold $166,800 Public Record
Feb 7, 2008 Sold $206,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $45,000 $40,000 $85,000 $5,058
2024 $45,000 $40,000 $85,000 $5,060
2023 $45,000 $40,000 $85,000 $5,032
2022 $59,600 $40,000 $99,600 $5,899
2021 $59,600 $40,000 $99,600 $5,879
2020 $59,600 $40,000 $99,600 $5,826
2019 $59,600 $40,000 $99,600 $5,386
2018 $59,600 $40,000 $99,600 $5,470
2017 $59,600 $40,000 $99,600 $5,355
2016 $59,600 $40,000 $99,600 $5,036
2015 $59,600 $40,000 $99,600 $4,845
2014 $59,600 $40,000 $99,600 $4,707
2013 $59,600 $40,000 $99,600 $4,558
2012 $59,600 $40,000 $99,600 $4,511
2011 $59,600 $40,000 $99,600 $4,460
2010 $59,600 $40,000 $99,600 $4,222
2009 $59,600 $40,000 $99,600 $4,111
2008 $59,600 $40,000 $99,600 $3,929
2007 $59,600 $40,000 $99,600 $3,705

Property facts

Year built
1977
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
896 sqft
Lot size
100 sqft
ZIP code
08817
City
Edison
Street
College Dr
Coordinates
40.50103, -74.37766

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
$1,344
Gross rental yield
6.18%
Implied cap rate
4.02%
Trend-extrapolated value

Frequently asked questions

When did 490 College Dr last sell?
490 College Dr most recently sold on Oct 5, 2022 for $261,000.
What is the current tax assessment for 490 College Dr?
The most recent total assessment for 490 College Dr (year 2025) is $85,000 with $5,058 in property tax.
How does 490 College Dr's assessment compare to its last sale price?
The current assessment is 67.4% below the last sale price of $261,000.
When was 490 College Dr built?
490 College Dr was built in 1977.
How does 490 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 490 College Dr?
490 College Dr is a 3 bed, 2 bath, 896 sqft, 100 sqft lot condos.
Is 490 College Dr a flip candidate?
Yes — 490 College Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 490 College Dr a tax-appeal candidate?
No — 490 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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