Closed$540,000
TLC ≈ $4,503/mo
2 3 1,486 sqft
89 Park Gate Drive, Edison, NJ 08820
400 Talmadge Road, Edison, NJ 08817
$5,900,000
0 beds 0 baths — Built 19600 days on marketActive
About this home
Exceptional redevelopment opportunity in a highly visible location along Interstate 287. Approximately 3 + acres with significant frontage and excellent access to major transportation routes. Potential uses may include residential, townhouse, condominium, mixed-use, or commercial redevelopment subject to buyer due diligence and municipal approvals. Prime location near major retail, employment centers, and highways. Ideal for developers, investors, and users seeking a strategic Edison location.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
Your estimated payment
$37,516/mo
- Real estate (PITI + HOA + PMI)
- $38,799
- Utilities
- $1,409
- Transportation
- $129
- Other (entertainment)
- $143
Principal + interest$26,759
Property tax + insurance$9,827
PMI / 2nd mortgage$2,213
Heating + cooling$550
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$129
Budget$38,016/mo
Remaining after TLC$500/mo
Purchase price
$5,900,000
Down payment
$295,000 (5%)
Loan amount
$5,605,000
APR
4%
Quick facts
Type
Commercial
Style
—
Year built
1960
Lot size
2.2 ac
Stories
2
Heating
See Remarks
Cooling
None
Water
Public
HOA
—
Annual tax
$29,779
MLS #
2662108M
County
Middlesex
At a glance
Garage
Home features
Parking
Garage
Flooring
See Remarks
Roof
See Remarks
Sewer
Public Sewer
Lot features
Industrial Area, Possible Subdivision, Residential Area, See Remarks
Neighborhood — 08817
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 46,087 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 17.00% | 14.00% | 20.00% |
| Population Density | 4,508 | 1,137 | — |
| Male | 22,667 | 4,307,827 | 147,432,321 |
| Female | 23,420 | 4,525,010 | 151,655,844 |
| Never Married | 10,178 | 1,965,811 | 63,775,926 |
| Married | 20,324 | 3,647,435 | 123,120,365 |
| Separated | 1,718 | 391,239 | 12,639,686 |
| Widowed | 2,208 | 515,172 | 15,467,586 |
| Divorced | 2,678 | 529,393 | 23,075,029 |
| Number Of House Hold | 16,989 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.70 | 2.73 | 2.60 |
| Medial Age | 35.51 | 37.15 | 35.46 |
| 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 R | 7.00% | 7.00% | — |
| W C J | 78.01% | 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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Listing information last refreshed 6/5/2026. Provided courtesy of KELLER WILLIAMS ELITE REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.