NOT LISTED FOR SALE

17 Vela Way Edgewater, NJ 07020

Estimated Value: $1,500,244 - $1,803,000

4 Beds
4 Baths
3,600 Sq Ft
$466/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,200,000 $333 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $11,582/month

Highlights

  • River View
  • Property is near a park
  • Terrace
  • Contemporary Architecture
  • Wood Flooring
  • Community Pool

About This Home

As of June 2021

PRIVATE 4 STORY TOWNHOME COMMUNITY WITH APPROX. 3,600 SQ FT OF LUXURY LIVING SPACE. LOCATED ON EDGEWATER'S GOLD COAST WITH SOUTHERN HUDSON RIVER VIEWS OF NYC & NORTHERN VIEWS OF THE GW BRIDGE. SPECTACULAR ROOF TOP W/PANORAMA VIEWS, A GLASS-ENCLOSED SOLARIUM GREAT FOR A FAMILY ROOM OR OFFICE. GOURMET COMMERCIAL GRADE KITCHEN WITH LARGE OPEN BRIGHT ROOMS LEADING TO THE DINNING & LIVING ROOMS W/A FIRE PLACE, POWDER ROOM, 2 TERRACES & PRIVATE ELEVATOR. THIRD LEVEL: MASTER BEDROOM & MASTER BATH W/A TERRACE. 2 ADDITIONAL BEDROOMS W/FULL BATHS. LOWER LEVEL: BEDROOM/FAMILY ROOM & FULL BATH WALKS OUT TO THE BACKYARD PATIO. 2 CAR GARAGE & STEPS TO A BEAUTIFUL POOL LOOKING OUT TO MANHATTANS SKY LINE. SITUATED BETWEEN 2 MARINA'S FOR ALL YOUR BOATING NEEDS & MINUTES TO THE EDGEWATER/NYC FERRY & GW BRIDGE W/EASY ACCESS TO THE CITY. VERY CLOSE TO SHOPPING, TRANSPORTATION & RESTAURANTS. STAGED TO PERFECTION CAN BE PURCHASED FURNISHED, ALSO AVAILABLE TO RENT...ABSOLUTELY BREATHTAKING!!

Last Agent to Sell the Property

Dawn Pugliese

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #0566208 Listed on: 07/04/2020

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $22,752

Lot Details

  • 1,437

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • River
  • New York

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,600 Sq Ft Home
  • Multi-Level Property
  • Fireplace
  • Living Room
  • Dining Room
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Outdoor Features

  • Terrace

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00001 / 00013
  • Assessor Parcel Number 3884

Community Details

Overview

  • Vela Townhomes Condos

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$22,752

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary, Townhouse, Multi-Level
  • Inclusions: All Appliances, Washer/Dryer
  • Lead Paint Form: Yes
  • Miscellaneous: New York View, River View, Near Shopping, Near Bus, Near Parks, Near Schools
  • Assessor Parcel Number: 3884
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Bedrooms: 4
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 2
  • Level 1 Number Bedrooms: 1
  • Level 1 Full Bathrooms: 1
  • Level 2 Number Bedrooms: 3
  • Level 2 Number Dining Rooms: 1
  • Level 2 Full Bathrooms: 3
  • Level2 Number Kitchens: 1
  • Level 2 Number Living Rooms: 1
  • Level 3 Number Living Rooms: 1
  • Level3 Number Other: 1
  • Estimated Sq Ft: 3600

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 2 Cars, Attached, Garage

Utilities

  • Heating/Cooling: A/C Central, Gas

Association/Amenities

  • Amenities Included: Terrace, Hardwood Floor, Fireplace, Wall to Wall Carpet

Condo/Co-op/Association

  • Common Amenities: Elevator, Jacuzzi, Pool
  • Complex Name: Vela Townhomes

Fee Information

  • Monthly Maintenance Fee: 1100

Lot Info

  • Geo Address Line: 17 Vela Way
  • Geo Primary City: Edgewater
  • Geo Quality: 0.95
  • Lot: 00001

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 22752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Jun 11, 2021
Sold by
Rosen Global Partners Llc
Bought by
Patel Amisha
Seller's Agent
Dawn Pugliese
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Current Estimated Value
$1,677,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,561
Avg. Annual Appreciation
8.04%
Original Mortgage
$822,375
Outstanding Balance
$616,192
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$1,061,369
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Amisha $1,200,000 Counsellors Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Amisha $822,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $1,200,000 -7.3% $333 / Sq Ft
02/16/2021 02/16/21 Price Changed $1,295,000 -6.2% $360 / Sq Ft
08/04/2020 08/04/20 Price Changed $1,380,000 -1.1% $383 / Sq Ft
07/04/2020 07/04/20 For Sale $1,395,000 -- $388 / Sq Ft
Source: Hudson County 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 $20,412 $1,294,800 $550,000 $744,800
2024 $20,030 $1,284,600 $555,000 $729,600
2023 $19,966 $1,254,200 $540,000 $714,200
2022 $19,966 $1,238,600 $540,000 $698,600
2021 $27,036 $1,200,000 $550,000 $650,000
2020 $23,340 $1,200,000 $550,000 $650,000
2019 $22,752 $1,200,000 $550,000 $650,000
2018 $21,996 $1,200,000 $550,000 $650,000
2017 $21,600 $1,200,000 $550,000 $650,000
2016 $21,348 $1,200,000 $550,000 $650,000
2015 $21,060 $1,200,000 $550,000 $650,000
2014 $20,412 $1,200,000 $550,000 $650,000
Source: Public Records

Agents Affiliated with this Home

  • Dawn Pugliese

    Seller's Agent in 2021

    Dawn Pugliese

    PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

    (201) 788-0700

    4 in this area

    26 Total Sales

    Dawn Pugliese
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MEMBER NON-MEMBER

    NON-MEMBER

See All Agents

Map

Source: Hudson County MLS

MLS Number: 202012826

Hudson County MLS

APN: 13-00013-0000-00001-0000-C0017

New Jersey Bergen County Edgewater 07020

17 Vela Way, Edgewater, NJ

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.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes