← Back to Sold Properties

SOLD 25 2015

323 Gills Ln Unit 5-b

Woodbridge, NJ

$322,000

11,000

Sq. Ft.

$29

Per Sq. Ft.

Residential

Property Type

Tax Assessment Analysis

Sale Price

$322,000

Total Assessed

$40,000

Sale vs. Assessed

+$282,000 (+705.0%)

Land Value

$6,000

Building Value

$34,000

Woodbridge Market Overview

$510,000

Median Price

185

Total Sales

-13.6%

Year over Year

Buyer's

Market Type

📊 Investment Analysis

$2,254

Est. Monthly Rent

$2,441

Est. Mortgage

7.4% · 20% down

-$187

Monthly Cash Flow

8.4%

Cap Rate

-3.5%

Cash-on-Cash Return

Estimates based on 0.7% rent rule, 7.4% interest rate, 20% down payment. For illustrative purposes only.

🏘 Woodbridge Neighborhood Guide

Walk Score

Car-Dependent

Min to NYC

With transfer

Multiple stations

Train Station

Northeast Corridor

Neighborhoods in Woodbridge

Colonia $475,000 to $650,000

Best for: Families

Iselin $400,000 to $550,000

Best for: Indian community, commuters

Avenel $375,000 to $500,000

Best for: Commuters, value seekers

Woodbridge Proper $400,000 to $550,000

Best for: Walkability seekers

Fords $375,000 to $475,000

Best for: Value seekers

Woodbridge is NJ's largest township by population — 103,000+ across distinct sections including Avenel, Colonia, Iselin, Fords, Port Reading, and Sewaren. Multiple NEC stations provide NYC commuting. Woodbridge Center mall. At $450K, affordable NEC access in the heart of central NJ.

Explore Woodbridge →