CCertihomes
1131 Waterford Drive, Edison, NJ 08817

$375,000

2 beds 2 baths 1,034 sqft Built 199518 days on marketActive

About this home

Welcome to 1131 Waterford Dr, an investors delight, in a desirable community of Waterford in Edison. This Bright and Spacious 2 Bedroom 2 Bathroom condominium unit features 1034 square feet of open concept living, stainless steel appliances, private outdoor balcony and tons of storage. Expansive Master bedroom features en-suite bathroom and a large walkin closet. Second Queen Size bedroom has private access to the secondary bathroom. The HVAC, Hot Water Boiler are fairly new, and roof is maintained by the HOA. Property can be immediately rented after closing with no owner occupancy requirements. The unit also comes with 2 parking spots. Unit is currently rented for $2400 a month, with insurance approx. $500/yr, sewer approx. $310/year, low taxes and HOA, makes this a great starter home for families or buy and hold for long term investors. Community features swimming pool and common playground for owners use. Edison, Metuchen & Metro Park Train Stations are a short bus ride away.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$3,648/mo

Real estate (PITI + HOA + PMI)
$3,413
Principal + interest$2,416
Property tax + insurance$856
PMI / 2nd mortgage$141
Utilities
$351
Heating + cooling$73
Internet + TV + phone$143
Water + sewer + garbage$31
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$143
$3,648/mo TLC
Budget$5,000/mo
Remaining after TLC$1,352/mo
Purchase price
$375,000
Down payment
$18,750 (5%)
Loan amount
$356,250
APR
7.19%

Quick facts

Type
Condo/TH
Style
Garden Apartment Style
Year built
1995
Lot size
Stories
3
Heating
Forced Air
Cooling
Central Air
Water
Public
HOA
Annual tax
$5,730
MLS #
2612531R
County
Middlesex

At a glance

Air conditioning
Dishwasher

Home features

Appliances
DishwasherDryerGas Range/OvenExhaust FanMicrowaveRefrigeratorWasherKitchen Exhaust FanGas Water Heater
Interior
FirealarmVaulted Ceiling(s)2 BedroomsKitchenLaundry RoomLiving RoomBath FullBath SecondDining RoomNone
Exterior
Deck
Community
Outdoor PoolPlayground
Parking
Common
Patio & porch
Deck
Pool
Outdoor PoolIn Ground
Kitchen
Kitchen Exhaust FanEat-in Kitchen
Dining
Living Dining Combo
Master bedroom
Full BathWalk-In Closet(s)
Security
Fire Alarm
Flooring
Carpet, Wood
Roof
Asphalt
Sewer
Public Sewer
Ownership
Condominium

Lot features

Near Train, See Remarks, Near Public Transit

Neighborhood — 08817

MetricThis ZIPCountyUSA
Population46,0878,832,837299,088,112
Population Change Since199017.00%14.00%20.00%
Population Density4,5081,137
Male22,6674,307,827147,432,321
Female23,4204,525,010151,655,844
Never Married10,1781,965,81163,775,926
Married20,3243,647,435123,120,365
Separated1,718391,23912,639,686
Widowed2,208515,17215,467,586
Divorced2,678529,39323,075,029
Number Of House Hold16,9893,167,345111,826,380
Average House Hold Size2.702.732.60
Medial Age35.5137.1535.46
Median House Hold Income$70,549$63,392$48,276
Average House Hold Income$80,178$83,312$63,629
P C I$29,712$30,662$24,529
M D I$57,581$52,505$41,133
A T H E$60,515$61,369$50,898
S T R7.00%7.00%
W C J78.01%81.02%77.74%
(Zip) Code
8817

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 3/22/2026. Provided courtesy of EXP REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.