1131 Waterford Dr, Edison, NJ, 08817
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1995
Materials
- Roof: Asphalt
Type & Style
- Home type: Condo
- Architectural style: Garden Apartment Style
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Gas Range/Oven,Exhaust Fan,Microwave,Refrigerator,Washer,Kitchen Exhaust Fan,Gas Water Heater
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Living Dining Combo
Features
- Firealarm,Vaulted Ceiling(s),2 Bedrooms,Kitchen,Laundry Room,Living Room,Bath Full,Bath Second,Dining Room,None
- Flooring: Carpet,Wood
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,034
- Total interior livable area: 1,034 sqft
Kitchen
- Features: Kitchen Exhaust Fan, Eat-in Kitchen
Master Bedroom
- Features: Full Bath, Walk-In Closet(s)
Property
Details
- Parcel number: 050005616000020000C1131
Features
- Levels: 3rd Floor
- Stories: 3
- Pool features: Outdoor Pool,In Ground
- Patio & porch: Deck
- Exterior features: Deck
Lot
- Features: Near Train,See Remarks,Near Public Transit
- Lot size dimensions: 0.00 x 0.00
Parking
- Parking features: Common
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Strong Wind
- Winter Weather
- Cold Wave
- Heat Wave
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance * | $107 | $1,284 |
| Property Taxes | $621 | $7,452 |
| Electricity | $193 | $2,318 |
| Total | $2,817 | $33,804 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-19 | Listed for sale | $375,000 |
| 2025-09-22 | Listing removed | $2,450 |
| 2025-09-01 | Listed for rent | $2,450 |
| 2024-09-13 | Listing removed | $2,400 |
| 2024-09-02 | Listed for rent | $2,400 |
| 2024-08-23 | Listing removed | -- |
| 2024-07-08 | Listed for rent | $2,400 |
| 2024-06-28 | Listing removed | -- |
| 2024-06-20 | Price change | $2,400 |
| 2024-06-08 | Listed for rent | $2,450 |
| 2021-03-24 | Listing removed | -- |
| 2019-09-15 | Listing removed | $1,750 |
| 2019-08-13 | Listed for rent | $1,750 |
| 2019-05-15 | Listing removed | $1,750 |
| 2019-04-30 | Sold | $250,000 |
| 2019-04-25 | Listed for rent | $1,750 |
| 2019-03-19 | Pending sale | $259,000 |
| 2019-02-25 | Listed for sale | $259,000 |
| 2007-09-25 | Sold | $246,000 |
| 1995-08-07 | Sold | $91,990 |
For Sale by Agent
View on Zillow