16 State Rt 5 Unit 2 Edgewater, NJ 07020
Estimated Value: $956,707
Studio
--
Bath
1,100
Sq Ft
$870/Sq Ft
Est. Value
About This Home
This home is located at 16 State Rt 5 Unit 2, Edgewater, NJ 07020 and is currently estimated at $956,707, approximately $869 per square foot. 16 State Rt 5 Unit 2 is a home located in Bergen County with nearby schools including Eleanor Van Gelder Elementary School and Christ the Teacher Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 27, 2020
Sold by
Hong Jungman and Hong Youngnan
Bought by
Leor Of Edgewater Inc
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
$583,333
Interest Rate
5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 19, 2012
Sold by
Lighthouse Lagoon Realty Investments Llc
Bought by
Jungman Hong and Hong Youngnan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.35%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Leor Of Edgewater Inc | $777,777 | Cortes & Hay Ttl Agcy Inc | |
| Jungman Hong | $505,000 | -- | |
| Jungman Hong | $505,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Leor Of Edgewater Inc | $583,333 | |
| Previous Owner | Jungman Hong | $300,000 |
Source: Public Records
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 | $13,778 | $875,100 | $389,100 | $486,000 |
| 2024 | $13,156 | $867,100 | $389,100 | $478,000 |
| 2023 | $12,504 | $823,800 | $389,100 | $434,700 |
| 2022 | $12,504 | $775,700 | $389,100 | $386,600 |
| 2021 | $12,065 | $535,500 | $332,600 | $202,900 |
| 2020 | $10,415 | $535,500 | $332,600 | $202,900 |
| 2019 | $10,153 | $535,500 | $332,600 | $202,900 |
| 2018 | $9,816 | $535,500 | $332,600 | $202,900 |
| 2017 | $9,639 | $535,500 | $332,600 | $202,900 |
| 2016 | $9,527 | $535,500 | $332,600 | $202,900 |
| 2015 | $9,398 | $535,500 | $332,600 | $202,900 |
| 2014 | $9,109 | $535,500 | $332,600 | $202,900 |
Source: Public Records
Map
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