NOT LISTED FOR SALE

117 The Promenade Edgewater, NJ 07020

Estimated Value: $701,000 - $754,000

3 Beds
2 Baths
1,751 Sq Ft
653 Sq Ft Lot

Last Sold April 17, 2023

Last sale price $595,000 $340 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,763/month

78 Days on Market

About This Home

As of April 2023

View Views Views!! Welcome to this 3 bedroom/2 bath waterfront condo located in the heart of Edgewater. Large entry foyer with closet, hardwood floors, detailed crown molding and an abundant amount of natural light! Kitchen equipped with granite countertops and SS appliances. Master Ensuite has an oversized walk-in closet and master bath with double vanity and jetted tub. Large balcony with NYC Views connects to the formal family room/dining room. Additional bedroom and full bath. Washer/dryer in unit. Close to public transportation, restaurants and shops!!

Last Agent to Sell the Property

Michael Akkus

Corcoran Infinity Properties, Edgewater Listed on: 11/28/2022

Last Buyer's Agent

Jasmin Howard

Corcoran Infinity Properties, Edgewater

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,349

Lot Details

  • River Front

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,349

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (866) 201-6210
  • MLS Status: Sold - Sold
  • Directions: River Rd to City Pl to The Promenade
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: River Front
  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Apr 17, 2023
Sold by
Yaqub Balall
Bought by
Mewani Naveen and Mewani Mona
Seller's Agent
Michael Akkus
Corcoran Infinity Properties, Edgewater
Buyer's Agent
Jasmin Howard
Corcoran Infinity Properties, Edgewater
List Price
$620,000
Sold Price
$595,000
Premium/Discount to List
-$25,000
-4.03%
Views
134
Current Estimated Value
$711,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,970
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Apr 5, 2017
Sold by
Yaqub Balall and Yaqub Nazia
Bought by
Yaqub Balall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2016
Sold by
Nalbone Brian and Arce Andy
Bought by
Yaqub Balall and Yaqub Nazia

Purchase Details

Closed on
Jul 30, 2004
Sold by
Young Thomas
Bought by
Nalbone Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.33%

Purchase Details

Closed on
Dec 11, 2000
Sold by
River Road Asoc Llc
Bought by
Young Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,200
Interest Rate
7.7%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mewani Naveen $595,000 First American Title Insurance
Yaqub Balall -- None Available
Yaqub Balall $610,000 First American Title
Nalbone Brian $665,000 --
Young Thomas $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yaqub Balall $60,000
Previous Owner Yaqub Balall $280,000
Previous Owner Yaqub Balall $175,000
Previous Owner Nalbone Brian $400,000
Previous Owner Nalbone Brian $25,000
Previous Owner Nalbone Brian $532,000
Previous Owner Young Thomas $395,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $595,000 -4.0% $340 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
11/28/2022 11/28/22 For Sale $620,000 -- $354 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,561 $612,600 $212,500 $400,100
2023 $10,215 $598,700 $207,500 $391,200
2022 $10,215 $633,700 $215,000 $418,700
2021 $11,348 $503,700 $225,000 $278,700
2020 $9,797 $503,700 $225,000 $278,700
2019 $9,550 $503,700 $225,000 $278,700
2018 $9,233 $503,700 $225,000 $278,700
2017 $9,067 $503,700 $225,000 $278,700
2016 $8,961 $503,700 $225,000 $278,700
2015 $8,840 $503,700 $225,000 $278,700
2014 $8,568 $503,700 $225,000 $278,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22041951

New Jersey MLS

APN: 13-00091-0000-00003-0000-C0117