NOT LISTED FOR SALE

20 Vela Way Edgewater, NJ 07020

Estimated Value: $1,535,597 - $1,662,000

4 Beds
5 Baths
3,635 Sq Ft
$438/Sq Ft Est. Value

About This Home

This home is located at 20 Vela Way, Edgewater, NJ 07020 and is currently estimated at $1,593,399, approximately $438 per square foot. 20 Vela Way 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
Dec 18, 2019
Sold by
Park Richard and Park Sarah
Bought by
Dang Saurabh and Mehra Shilpa
Current Estimated Value
$1,593,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2012
Sold by
Park Hong Seo and Park Won Hee
Bought by
Park Richard

Purchase Details

Closed on
Sep 26, 2007
Sold by
Rosen Global Partners Llc
Bought by
Park Hong Seo and Park Won Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.49%
Mortgage Type
New Conventional
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.

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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.

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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.

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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.

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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
Dang Saurabh $1,150,000 Foundation Title Llc
Park Richard -- --
Park Hong Seo $1,605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dang Saurabh $920,000
Previous Owner Park Richard $500,000
Previous Owner Park Hong Seo $700,000
Source: Public Records

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 $19,816 $1,256,500 $550,000 $706,500
2024 $19,443 $1,247,100 $555,000 $692,100
2023 $19,870 $1,217,500 $540,000 $677,500
2022 $19,870 $1,232,600 $540,000 $692,600
2021 $23,093 $1,150,000 $550,000 $600,000
2020 $27,732 $1,425,800 $550,000 $875,800
2019 $27,033 $1,425,800 $550,000 $875,800
2018 $26,135 $1,425,800 $550,000 $875,800
2017 $25,664 $1,425,800 $550,000 $875,800
2016 $25,365 $1,425,800 $550,000 $875,800
2015 $25,023 $1,425,800 $550,000 $875,800
2014 $24,253 $1,425,800 $550,000 $875,800
Source: Public Records

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