NOT LISTED FOR SALE

24 Vela Way Edgewater, NJ 07020

Estimated Value: $1,492,541

4 Beds
4.5 Baths
3,635 Sq Ft
$411/Sq Ft Est. Value

Last Sold June 17, 2025

Last sale price $1,460,000 $402 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,485/month

93 Days on Market

About This Home

As of June 2025

THIS MODEL LINE IS RARELY AVAILABLE-APPROX. 4,000 SF-RECENTLY UPDATED! THE ULTIMATE DESIGN COMPLEMENTS THIS ELEGANT MULTI-LEVEL TOWNHOME, ENJOY EXTRAORDINARY VIEWS OF THE HUDSON RIVER, GW-BRIDGE & NYC'S SKYLINE! THE OPEN FLOOR PLAN OFFERS A 2 STORY MARBLE FOYER, LIVING RM W/FRPL & TERRACE, DINING AREA, GOURMET KIT, LG CENTER ISLAND, SITTING RM & POWDER RM. 2ND LEVEL SHOWCASES A MASTER BEDRM & SPA-LIKE BATHRM, 2 WALK-IN CLOSETS & TERRACE, 2 ADD. BEDRMS & BATHRMS. THE TOP LEVEL OFFERS AN INDOOR SOLARIUM & GRAND OUTDOOR ROOFTOP DECK PERFECT FOR ENTERTAINING. THE 4TH BEDRM/OFFICE LEVEL HAS A BATHRM & EXITS TO A PRIVATE BACKYARD. LL: HAS AN ENTERTAINMENT AREA/GYM & STORAGE. MOSTLY ALL LEVELS HAVE ACCESS TO OUTDOOR SPACES, HARDWD FLRS, FLOOR TO CEILING WINDOWS, ELEVATOR, BEAUTIFUL LIGHT FIXTURES, SONOS SOUND SYSTEM, SPEAKERS, SEC. SYSTEM, CENTRAL VAC, CAR CHARGER-2 CAR GARAGE PLUS 2 DRIVEWAY SPACES, OUTDOOR POOL OVERLOOKING THE HUDSON RIVER. CLOSE TO THE GWB, FERRY & TRANSPORTATION TO NYC!!

Last Agent to Sell the Property

Dawn Pugliese

Prominent Properties Sotheby's International Realty-Alpine Listed on: 02/01/2025

Prominent Properties Sotheby's International Realty-Alpine

Last Buyer's Agent

Howard Joh

Howard Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,894

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • E Van Gelder/G Wash Elementary School
  • Leonia High School

Additional Features

  • Basement Fills Entire Space Under The House
  • River Front

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,894

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Townhouse
  • Co List Office Phone: 201-768-9300
  • MLS Status: Sold - Sold
  • Directions: RIVER ROAD TO VELA WAY TOWNHOME CONDOMINIUMS
  • Year Built Details: 2000's,2020's,Renovated
  • PropertySubTypeAdditional: Att/Row
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: ENTERTAINMENT MEDIA RM/GYM,STORAGE
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: River Front
  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Schools

  • Elementary School: E Van Gelder/G Wash
  • High School: Leonia H.S.
  • Elementary: E Van Gelder/G Wash

Lot Info

  • Lot: 00001

MLS Schools

  • High School Text: Leonia H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Jun 14, 2025
Sold by
Lefkowitz Karen
Bought by
Kim Sunghwan and Kim Hye Jung
Seller's Agent
Dawn Pugliese
Prominent Properties Sotheby's International Realty-Alpine
Buyer's Agent
Howard Joh
Howard Realty
List Price
$1,550,000
Sold Price
$1,460,000
Premium/Discount to List
-$90,000
-5.81%
Views
66
Current Estimated Value
$1,492,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,541
Avg. Annual Appreciation
6.31%
Original Mortgage
$800,000
Outstanding Balance
$795,259
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$697,282

Purchase Details

Closed on
Dec 30, 2020
Sold by
Potesta Tiffani
Bought by
Lefkowitz Joel and Lefkowitz Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2016
Sold by
Chen Nelson
Bought by
Potesta Tiffani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Rosen Global Partners Llc
Bought by
Chen Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

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
Kim Sunghwan $1,460,000 Old Republic National Title In
Kim Sunghwan $1,460,000 Old Republic National Title In
Lefkowitz Joel $1,220,000 Suburban Title Examiners Inc
Potesta Tiffani $1,438,000 Attorney
Chen Nelson $1,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Sunghwan $800,000
Closed Kim Sunghwan $800,000
Previous Owner Lefkowitz Joel $976,000
Previous Owner Potesta Tiffani $150,400
Previous Owner Chen Nelson $888,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2025 06/17/25 Sold $1,460,000 -5.8% $402 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
05/04/2025 05/04/25 For Sale $1,550,000 0.0% $426 / Sq Ft
04/16/2025 04/16/25 Off Market $1,550,000 -- --
03/17/2025 03/17/25 Price Changed $1,550,000 -8.6% $426 / Sq Ft
02/01/2025 02/01/25 For Sale $1,695,000 -- $466 / 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
2025 $19,894 $1,261,400 $550,000 $711,400
2024 $19,520 $1,252,000 $555,000 $697,000
2023 $19,463 $1,222,300 $540,000 $682,300
2022 $19,463 $1,207,400 $540,000 $667,400
2021 $28,667 $1,272,400 $550,000 $722,400
2020 $24,748 $1,272,400 $550,000 $722,400
2019 $24,125 $1,272,400 $550,000 $722,400
2018 $23,323 $1,272,400 $550,000 $722,400
2017 $22,903 $1,272,400 $550,000 $722,400
2016 $22,636 $1,272,400 $550,000 $722,400
2015 $22,331 $1,272,400 $550,000 $722,400
2014 $21,644 $1,272,400 $550,000 $722,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25003187

New Jersey MLS

APN: 13-00013-0000-00001-0000-C0024