NOT LISTED FOR SALE

16 Independence Way Edgewater, NJ 07020

Estimated Value: $535,772 - $587,000

2 Beds
2 Baths
1,057 Sq Ft
1,481 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $479,750 $454 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,771/month

19 Days on Market

About This Home

As of July 2022

A special 2BR/2Bath unit that offers the best of both townhome & condo living. Features a private entrance with its own patio and another backdoor that provides protected access to the garage. Renovated kitchen w/new quartz countertops, new vanities/glass shower door in Bathrooms, wide plank floor, large windows, spacious built-in closet spaces, water filtering system for whole water source, high ceilings w/sunken LR. The most private unit in this complex plus short walking distance to the club house where is on-site management, outdoor pool, outdoor jacuzzi, tennis courts, gym & party rm, dog park, children's playground, barbecue area & electric vehicle charging station. Gated Independence Harbor offers a premium level of living. Situated on a 25 acre site located in Edgewater NJ, right in the heart of the NJ gold coast. One of the few waterfront community w/sparking views of the NYC skyline & a pet-friendly environment. Easy access to NYC transit and shuttle to ferry.A must see!

Last Listed By

Emily Kim

EXP Realty, LLC - Englewood Cliffs Listed on: 05/14/2022

EXP Realty, LLC - Englewood Cliffs

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,336

Year Built

  • 1993

Lot Details

  • River Front

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,336

Year Built

1993

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: INDEPENDENCE HARBOR
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1993

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

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Jul 21, 2022
Sold by
Oh Anny S and Oh Suk J
Bought by
Han Isabel and Kang Hojin
Seller's Agent
Emily Kim
EXP Realty, LLC - Englewood Cliffs
Buyer's Agent
Emily Kim
EXP Realty, LLC - Englewood Cliffs
List Price
$499,000
Sold Price
$479,750
Premium/Discount to List
-$19,250
-3.86%
Total Days on Market
19
Current Estimated Value
$567,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,693
Avg. Annual Appreciation
6.20%
Original Mortgage
$305,000
Outstanding Balance
$265,558
Interest Rate
4.83%
Mortgage Type
New Conventional
Estimated Equity
$301,885

Purchase Details

Closed on
Jul 20, 2020
Sold by
Kwon Hyun Joo and Ha Kyu Hyung
Bought by
Oh Anny S and Ghong Suk J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2005
Sold by
Vinci Paul
Bought by
Kwon Hyun Joo and Ha Kyu Hyung

Purchase Details

Closed on
May 20, 1994
Sold by
Hartz River Rd
Bought by
Vinci Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
8.22%

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
Han Isabel $475,000 Bae Daniel C
Oh Anny S $400,000 North Bergen Title Agcy Inc
Kwon Hyun Joo $525,000 --
Vinci Paul $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Isabel $305,000
Previous Owner Oh Anny S $350,000
Previous Owner Vinci Paul $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $479,750 -3.9% $454 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $499,000 -- $472 / 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 $7,495 $481,700 $267,500 $214,200
2023 $7,414 $469,300 $260,000 $209,300
2022 $7,414 $459,900 $260,000 $199,900
2021 $8,336 $370,000 $250,000 $120,000
2020 $7,197 $370,000 $250,000 $120,000
2019 $7,015 $370,000 $250,000 $120,000
2018 $6,782 $370,000 $250,000 $120,000
2017 $6,660 $370,000 $250,000 $120,000
2016 $6,582 $370,000 $250,000 $120,000
2015 $6,494 $370,000 $250,000 $120,000
2014 $6,294 $370,000 $250,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 22017204

New Jersey MLS

APN: 13-00085-01-00002-0000-CJ016