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.
For sale by owner
$350,000
805 Jesse Way, Piscataway, NJ 08854
1beds
1baths
897sqft
SingleFamily
Built in 1995
-- sqft lot
$322,500 Zestimate®
$390/sqft
$356/mo HOA
What's special
Private balconyGarage parkingPlenty of visitor parking
- 3 days
- 264
- 5
Listed by:
Property Owner (732) 599-1805
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Interior area
- Total interior livable area: 897 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: Park
Details
- Parcel number: 170890100000000801C0805
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1995
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $356 monthly
Location
- Region: Piscataway
Financial & listing details
- Price per square foot: $390/sqft
- Tax assessed value: $308,800
- Annual tax amount: $5,861
- Date on market: 9/1/2026
Estimated market value
$322,500
$306,000 - $339,000
$2,111/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $350,000+108.3%$390/sqft |
Source: Owner Report a problem | ||
| 6/21/2025 | Listing removed | $2,150$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/2/2025 | Listed for rent | $2,150$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2014 | Sold | $168,000-6.6%$187/sqft |
Source: | ||
| 6/25/2014 | Listed for sale | $179,900+7.1%$201/sqft |
Source: Keller Williams Elite, Realtors #1418200 Report a problem | ||
| 3/20/2012 | Sold | $168,000-6.6%$187/sqft |
Source: | ||
| 12/3/2011 | Listed for sale | $179,900+22.4%$201/sqft |
Source: E. A. Boniakowski Agency, Inc. #201485 Report a problem | ||
| 4/14/2003 | Sold | $147,000+63.5%$164/sqft |
Source: Public Record Report a problem | ||
| 5/6/1997 | Sold | $89,900+5.9%$100/sqft |
Source: Public Record Report a problem | ||
| 2/14/1994 | Sold | $84,900$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,861 +16.1% | $308,800 +16.1% |
| 2024 | $5,049 +11% | $266,000 +18.8% |
| 2023 | $4,547 +3% | $223,900 +11% |
| 2022 | $4,415 +3.8% | $201,800 +8% |
| 2021 | $4,252 | $186,900 -2.1% |
| 2020 | -- | $191,000 +12.4% |
| 2019 | $3,847 +100% | $170,000 +4.6% |
| 2018 | $1,924 -49.8% | $162,600 +13.8% |
| 2017 | $3,835 +1.5% | $142,900 |
| 2016 | $3,780 +2.5% | $142,900 |
| 2015 | $3,687 -8.6% | $142,900 |
| 2014 | $4,034 +5.2% | $142,900 +141% |
| 2013 | $3,836 +0.1% | $59,300 |
| 2012 | $3,833 +317% | $59,300 +295.3% |
| 2011 | $919 -74.4% | $15,000 |
| 2010 | $3,586 +4.5% | $15,000 -74.7% |
| 2009 | $3,431 | $59,300 |
| 2008 | -- | $59,300 |
| 2007 | $11,628 +2.1% | $59,300 |
| 2006 | $11,389 +4.8% | $59,300 |
| 2005 | $10,869 | $59,300 |
| 2004 | -- | $59,300 |
| 2003 | -- | $59,300 |
| 2002 | -- | $59,300 |
| 2001 | -- | $59,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 08854
Nearby schools
Schools provided by the listing agent
- District: Piscataway
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








