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805 Jesse Way, Piscataway, NJ 08854
805 Jesse Way, Piscataway, NJ 08854
$350,000
$390/sq ft
1 Bed
1.0 Bath
897 Sq Ft
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About This Property
INVESTOR OPPORTUNITY – INCOME-GENERATING PROPERTY NEAR EDISON TRAIN STATION
Excellent opportunity for an investor or first-time homebuyer! This fully furnished 1-bedroom + den (currently used as a second bedroom), 1-bath condo is located in the desirable Commons of Piscataway, just 2 minutes by car or approximately 10 minutes walking distance to Edison Train Station, offering an easy commute to NYC.
The property is currently tenant-occupied and generating rental income, making it an attractive opportunity for a buyer looking for an investment with existing cash flow.
PROPERTY HIGHLIGHTS
Fully furnished with Smart TV
1 Bedroom + Den currently used as a second bedroom
1 Full Bathroom
Rare 2-Car Garage – especially valuable during winter months
Private balcony
Washer & dryer inside the unit
Gas cooking + microwave
Shared storage room for additional storage
Water included
Plenty of visitor parking
Community tennis court and walking trail
Clean, well-maintained community
PRIME COMMUTER LOCATION
Approximately 2-minute drive / 10-minute walk to Edison Train Station, providing convenient access to NYC. Close to Rutgers University, Indian grocery stores, restaurants, shopping, Middlesex Mall and Oak Tree Road.
Convenient highway access:
Route 1 – approximately 5 minutes
I-287 – approximately 7–10 minutes
Route 18 – approximately 10 minutes
INVESTMENT ADVANTAGE
A great option for an investor seeking a tenant-occupied, income-producing property or a first-time buyer looking to reduce overall housing costs and build equity. The combination of rental potential, low-maintenance condo living, garage parking and walkability to Edison Train Station makes this property especially attractive for commuters and investors.
Current Rent: $2,150/month
Water included in rent; tenant pays electricity, gas and internet.
Current lease term: YEARLY
An excellent location, existing rental income and strong commuter appeal make this a property worth considering.
Property Type
Single Family
Year Built
1995
Heating
Forced air
Cooling
Central
Features & Amenities
Interior Features
- Central
- Dryer
- Forced air
- Garage - Detached
- Other
- Range / Oven
- Refrigerator
- Vinyl
- Washer
Kitchen & Appliances
- Dishwasher
Property Owner
PO
Property Owner
Property Owner
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Mortgage Calculator
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Estimated Monthly Payment
$2,313
Payment Breakdown
Principal & Interest
$1,863
Property Tax
$350
Home Insurance
$100
HOA Fees
$0
Loan Amount
$280,000
Total Interest Paid
$390,625
Total Cost
$670,625