NOT LISTED FOR SALE

1305 City Place Unit C1305 Edgewater, NJ 07020

Estimated Value: $570,550 - $636,000

2 Beds
2 Baths
1,416 Sq Ft
0.65 Acres

Last Sold April 25, 2022

Last sale price $490,000 $346 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,979/month

28 Days on Market

About This Home

As of April 2022

Beautiful Modern 2BR/2Baths, Spacious 1400SF Unit on Top Floor with 10 Ft high Ceilings, South Facing, Bright and Cheerful Unit. Bay Windows and Track Lights in Living Room. Modern Open Kitchen with Granite Countertops, Newer Appliances, 2 Large Bedrooms with Walk-in Closets, All Newer HVAC Units, Washer & Dryer in Unit. Peninsula Offers 24-Hour Concierge, Resident Lounge, Kid's Play Room and Gym. Garage Parkings Included without extra charge. The Hudson Riverfront Walkways, Shops, Restaurants and Cafes. Easy Commute to NYC!

Last Agent to Sell the Property

Steve Cho

RE/MAX NOW - Palisades Park Listed on: 02/14/2022

RE/MAX NOW - Palisades Park

Co-Listed By

Kaili Liang

RE/MAX Fortune Properties

Last Buyer's Agent

Ming Gu

Christie's International Real Estate Group-Fort Lee

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,456

Lot Details

  • River Front

Bedrooms and Bathrooms

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,456

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 816-8889
  • MLS Status: Sold - Sold
  • Directions: River Rd to City Place
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

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

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 20, 2022
Sold by
Corrado Bryan A and Corrado Dienna
Bought by
Gao Yuan
Seller's Agent
Steve Cho
RE/MAX NOW - Palisades Park
Buyer's Agent
Ming Gu
Christie's International Real Estate Group-Fort Lee
List Price
$515,000
Sold Price
$490,000
Premium/Discount to List
-$25,000
-4.85%
Total Days on Market
28
Current Estimated Value
$606,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,138
Avg. Annual Appreciation
6.68%
Original Mortgage
$392,000
Outstanding Balance
$367,553
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$238,586

Purchase Details

Closed on
Feb 27, 2012
Sold by
Lee Chang Yong and Ahn Soo Ah
Bought by
Goradia Vinit and Jikaria Neha

Purchase Details

Closed on
May 26, 2010
Sold by
Edgewater 123 Llc
Bought by
Lee Chang Yong and Ahn Soo Ah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Gao Yuan $490,000 Hudson One Title
Goradia Vinit $449,500 --
Lee Chang Yong $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Yuan $392,000
Previous Owner Corrado Bryan A $417,000
Previous Owner Lee Chang Yong $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $490,000 -4.9% $346 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $515,000 -- $364 / 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
2025 $7,921 $515,200 $205,000 $310,200
2024 $7,774 $498,500 $195,000 $303,500
2023 $7,984 $486,800 $190,000 $296,800
2022 $7,984 $495,300 $190,000 $305,300
2021 $9,436 $418,800 $175,000 $243,800
2020 $8,146 $418,800 $175,000 $243,800
2019 $7,940 $418,800 $175,000 $243,800
2018 $7,677 $418,800 $175,000 $243,800
2017 $7,538 $418,800 $175,000 $243,800
2016 $7,450 $418,800 $175,000 $243,800
2015 $7,350 $418,800 $175,000 $243,800
2014 $7,124 $418,800 $175,000 $243,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22004589

New Jersey MLS

APN: 13-00091-0000-00001-0000-C1305