Landlord's Agent in 2024
Michael Arabia
Evelyn G. Rafter & Associates
(201) 560-3498
12 in this area
48 Total Sales
15 Vela Way Edgewater, NJ 07020
Estimated Value: $1,851,000 - $2,288,000
4
Beds
5.5
Baths
5,198
Sq Ft
2,178
Sq Ft Lot
Highlights
- River View
- En-Suite Primary Bedroom
- Washer and Dryer
- Sauna
- Forced Air Heating System
- Gas Fireplace
About This Home
As of May 2024Unparalleled Hudson River views from this 5300 square foot townhouse in the newer Vela Community. Simply gorgeous with amazing finishes throughout. Custom kitchen with Viking & Subzero stainless steel appliances and natural stone counters. Vaulted, 20 foot ceilings in the living room area & two sided fireplace. All 4 bedrooms have full baths. Multiple terraces and patios on each floor. Walking distance to pool and NY transportation. Highlights include; central vac, elevator, hardwood floors, skylights, security, electric window blinds, natural gas generator, 2 car garage, multiple closets NY and river views and so much more.
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $25,699
Year Built
- 2007
Lot Details
- 2,178
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Property Views
- River
- City
- Views to the East
Interior Spaces
- Gas Fireplace
Kitchen
- Gas Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry in unit
- Washer and Dryer
Utilities
- Cooling System Powered By Gas
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Amenities
- Sauna
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 11, 2025
Sold by
15 Vela Way Llc
Bought by
Chen May
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 2022
Sold by
Boutros Ashraf and Boutros Dalia
Bought by
15 Vela Way Llc
Purchase Details
Closed on
Nov 29, 2012
Sold by
Lynx Asset Services Llc
Bought by
Boutros Ashraf and Guindi Dalia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen May | $2,100,000 | Elite Title Group | |
| Chen May | $2,100,000 | Elite Title Group | |
| 15 Vela Way Llc | -- | Land Title | |
| Boutros Ashraf | $1,982,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chen May | $1,680,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Rented | $12,000 | 0.0% | -- |
| 05/13/2024 05/13/24 | For Rent | $12,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $25,699 | $1,634,800 | $550,000 | $1,084,800 |
| 2024 | $25,225 | $1,617,300 | $555,000 | $1,062,300 |
| 2023 | $25,089 | $1,579,500 | $540,000 | $1,039,500 |
| 2022 | $25,089 | $1,556,400 | $540,000 | $1,016,400 |
| 2021 | $36,310 | $1,700,000 | $550,000 | $1,150,000 |
| 2020 | $35,720 | $1,836,500 | $550,000 | $1,286,500 |
| 2019 | $34,820 | $1,836,500 | $550,000 | $1,286,500 |
| 2018 | $33,663 | $1,836,500 | $550,000 | $1,286,500 |
| 2017 | $33,057 | $1,836,500 | $550,000 | $1,286,500 |
| 2016 | $32,671 | $1,836,500 | $550,000 | $1,286,500 |
| 2015 | $32,231 | $1,836,500 | $550,000 | $1,286,500 |
| 2014 | $31,239 | $1,836,500 | $550,000 | $1,286,500 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Arabia
-
Maritza Sorto
M
Tenant's Agent in 2024
Maritza Sorto
RE/MAX
(201) 988-2465
1 in this area
16 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24014590
APN: 13-00013-0000-00001-0000-C0015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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