116 Park Gate Dr
Edison, NJ 08820
2 bd 2 ba 1,079 sqft Built 1983 Lot 39 sqft condos
Most recent sale
$365,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $365,000 | MLS #2300877R |
| Jul 20, 2022 | Listed | $365,000 | MLS #2300877R |
| Oct 4, 2013 | Sold | $246,000 | Public Record |
| Sep 26, 2013 | Sold | $246,000 | MoreMLS |
| May 2, 2013 | Listed | $260,000 | MoreMLS |
| Oct 10, 2007 | Sold | $287,000 | Public Record |
| Jul 29, 1987 | Sold | $171,000 | Public Record |
| Jan 22, 1986 | Sold | $125,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $81,800 | $39,000 | $120,800 | $7,188 |
| 2024 | $81,800 | $39,000 | $120,800 | $7,191 |
| 2023 | $81,800 | $39,000 | $120,800 | $7,152 |
| 2022 | $81,800 | $39,000 | $120,800 | $7,154 |
| 2021 | $81,800 | $39,000 | $120,800 | $7,131 |
| 2020 | $81,800 | $39,000 | $120,800 | $7,066 |
| 2019 | $81,800 | $39,000 | $120,800 | $6,533 |
| 2018 | $81,800 | $39,000 | $120,800 | $6,634 |
| 2017 | $81,800 | $39,000 | $120,800 | $6,494 |
| 2016 | $81,800 | $39,000 | $120,800 | $6,107 |
| 2015 | $81,800 | $39,000 | $120,800 | $5,875 |
| 2014 | $81,800 | $39,000 | $120,800 | $5,709 |
| 2013 | $81,800 | $39,000 | $120,800 | $5,527 |
| 2012 | $81,800 | $39,000 | $120,800 | $5,471 |
| 2011 | $81,800 | $39,000 | $120,800 | $5,409 |
| 2009 | $81,800 | $39,000 | $120,800 | $4,986 |
| 2008 | $81,800 | $39,000 | $120,800 | $4,765 |
| 2007 | $81,800 | $39,000 | $120,800 | $4,243 |
Property facts
Year built
1983
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,079 sqft
Lot size
39 sqft
ZIP code
08820
City
Edison
Street
Park Gate Dr
Coordinates
40.56059, -74.38602
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,619
Gross rental yield
5.32%
Implied cap rate
3.46%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Park Gate Dr last sell?
116 Park Gate Dr most recently sold on Aug 12, 2022 for $365,000.
What is the current tax assessment for 116 Park Gate Dr?
The most recent total assessment for 116 Park Gate Dr (year 2025) is $120,800 with $7,188 in property tax.
How does 116 Park Gate Dr's assessment compare to its last sale price?
The current assessment is 66.9% below the last sale price of $365,000.
When was 116 Park Gate Dr built?
116 Park Gate Dr was built in 1983.
How does 116 Park Gate Dr compare to others on Park Gate Dr?
We track 8 other properties on Park Gate Dr. Browse the list under "Other properties on Park Gate Dr" to compare beds, baths, and sale history.
What are the property facts for 116 Park Gate Dr?
116 Park Gate Dr is a 2 bed, 2 bath, 1,079 sqft, 39 sqft lot condos.
Is 116 Park Gate Dr a flip candidate?
No — 116 Park Gate Dr does not appear in our flips dataset.
Is 116 Park Gate Dr a tax-appeal candidate?
No — 116 Park Gate Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.9%
2026 Q2
$1.1M
2026 Q3
$1.12M
ZIP 08820 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Park Gate Dr