NOT LISTED FOR SALE

241 The Promenade Edgewater, NJ 07020

Estimated Value: $621,918 - $644,000

2 Beds
2 Baths
1,456 Sq Ft
566 Sq Ft Lot

Last Sold March 28, 2023

Last sale price $460,000 $316 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,231/month

24 Days on Market

About This Home

As of March 2023

Welcome to The Promenade Community. This 2 bed, 2 full bath unit features open floor plan, modern kitchen, River Views of Manhattan. Community features exercise room, hot tub, community rooms. Unit comes with 1 deeded parking space. It is located close to restaurants, shopping, public transportation, and access to NYC.

Last Listed By

Ryan Knab

Coldwell Banker, Fort Lee Listed on: 02/02/2023

Coldwell Banker, Fort Lee

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,270

Year Built

  • 2003

Lot Details

  • 566

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,270

Year Built

2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: REO
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 461-5000
  • MLS Status: Sold - Sold
  • Directions: Right off River Road
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: Yes
  • Laundry: Hook Ups,In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 8, 2023
Sold by
Pretium Mortgage Acquisition Trust
Bought by
Fung Stephent F and Kim Judy
Seller's Agent
Ryan Knab
Coldwell Banker, Fort Lee
Buyer's Agent
RICHARD TRUOCCHIO
Compass New Jersey, LLC-Hoboken
List Price
$489,900
Sold Price
$460,000
Premium/Discount to List
-$29,900
-6.1%
Total Days on Market
24
Views
311
Current Estimated Value
$629,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,980
Avg. Annual Appreciation
15.59%
Original Mortgage
$368,000
Outstanding Balance
$333,140
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$296,840

Purchase Details

Closed on
Jan 7, 2022
Sold by
Sheriff Of The County Of Bergen
Bought by
Christiana Trust and Pretium Mortgage Acquisition Trust

Purchase Details

Closed on
Apr 30, 2007
Sold by
295 River Road Associates Llc
Bought by
Martinez Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.23%

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

Similar Homes in the area

  • 200 Crown Ct Unit 423, Edgewater, NJ 07020

    $529,000

    • 2 Beds
    • 2 Baths
    • 200 Crown Ct
    • Unit 423
    • Edgewater, NJ

    Welcome to this south facing 2 bedroom, 2 bathroom condo in the heart of Edgewater, one of the highly desirable location in town. This top/3rd floor corner unit offers large light filled living room with sliding door to access your private terrace, Entry foyer leads to an open kitchen with stainless steel appliances and granite countertop, Large primary bedroom with his and her closet and

    Michael Kim RE/MAX SELECT - Fort Lee

    Section Image
  • 200 Old Palisade Rd Unit 2C, Fort Lee, NJ 07024

    $749,000

    • 2 Beds
    • 2 Baths
    • 200 Old Palisade Rd
    • Unit 2C
    • Fort Lee, NJ

    Come & Enjoy Amazing Panoramic views of NYC and The Hudson River from all windows In this Magnificent River Ridge. This corner unit offers a unique opportunity to own your dream home with breathtaking south and east view of the Manhattan skyline and Hudson River. Approximately 1540 square feet of living space includes a versatile solarium/den, perfect for a home office or relaxation. Residents

    Michael Kim RE/MAX SELECT - Fort Lee

    Section Image
  • 249 The Promenade, Edgewater, NJ 07020

    $659,000

    • 2 Beds
    • 2 Baths
    • 249 The Promenade
    • Edgewater, NJ

    It's the waterfront at The Promenade. 2 bed & 2 bath condo offers Hudson River views and includes a private balcony. Open floor plan. Washer/dryer in-unit and a deeded garage parking spot. Elevator in the building. Community amenities include 24-hour security, a fitness center, and sauna. Close to shops, dining, and easy NYC transportation.

    Sung Hong Kingstone Realty LLC

    Section Image
  • 252 The Promenade, Edgewater, NJ 07020

    $649,000

    • 2 Beds
    • 2 Baths
    • 252 The Promenade
    • Edgewater, NJ

    Indulge in the epitome of luxury waterfront living with this sophisticated 2-bedroom, 2-bathroom residence at The Promenade. Perched directly on the water, this stunning 1,496 sq. ft. condo offers views of the Manhattan skyline and the Hudson River. Step inside to discover an elegantly designed open-concept living space, flooded with natural light from expansive windows that perfectly frame the

    Jill Biggs Coldwell Banker, Hoboken

    Section Image
  • 217 The Promenade, Edgewater, NJ 07020

    $715,000

    • 3 Beds
    • 2 Baths
    • 217 The Promenade
    • Edgewater, NJ

    Spanning 1,751 sq ft, this south-facing condo is nestled in the highly sought-after Edgewater waterfront community. Welcome to 217 The Promenade, a 3-Bedroom 2 Bath condo that welcomes you with hardwood floors, an open concept Kitchen, Living Room, Dining Room, & Balcony with stunning views. Kitchen with granite countertops, stainless steel appliances, washer/ dryer in unit, Primary bedroom with

    Sweta Patel Corcoran Infinity Properties, Edgewater

    Section Image
  • 331 The Promenade, Edgewater, NJ 07020

    $699,000

    • 2 Beds
    • 2 Baths
    • 331 The Promenade
    • Edgewater, NJ

    Bright and sunny east/south face offering Hudson River and New York city views from living room windows Hardwood floor, Upgraded custom kitchen, Mable counter tables Newly painted walls, new light fixtures, New washing machine Indoor parking, well maintained community Walk to park, shopping and restaurants

    Min Hyoung Cho 2Win Realty LLC

    Section Image
  • 344 The Promenade, Edgewater, NJ 07020

    $639,998

    • 2 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 344 The Promenade
    • Edgewater, NJ

    Situated in the heart of Edgewater, New Jersey, The Promenade! Just look at these breath-taking, unobstructed New York City Views over The Hudson River. This Stunning 2 Bedroom, 2 Bathroom Condo Home boasts approximately 1500 Square Feet including Open Concept Entertaining Options and an Outdoor Balcony that are sure to impress! Location at its best! City Place at The Promenade is the place to

    KELLY ROBINSON SIGNATURE REALTY NJ LLC

    Section Image
  • 3109 City Place, Edgewater, NJ 07020

    $565,000

    • 2 Beds
    • 2 Baths
    • 3109 City Place
    • Edgewater, NJ

    Beautifully maintained and spacious 1,412 SF two bedroom plus DEN/OFFICE SPACE in prestigious City Place. Primary bedroom with walk-in closet and full bath with bath tub, and another nice-sized bedroom. Facing south offers plenty of natural sunlight. This apartment is one of the most spacious layouts in the community. Hardwood floors throughout, granite countertops on open modern kitchen, in-unit

    Irene Cho Harvest Property & Investment, LLC

    Section Image
  • 2201 City Place, Edgewater, NJ 07020

    $615,000

    • 2 Beds
    • 2 Baths
    • 2201 City Place
    • Edgewater, NJ

    Price reduced and freshly painted!! Luxury meets convenience at the Peninsula at City Place. Enjoy a quiet, urban lifestyle with access to retail shops, restaurants, nightlife, and entertainment at your doorstep. One of the largest 2 BR, 2 BA floorplans with southern exposure, this bright and airy home offers amazing views of Midtown Manhattan and the Hudson River and unlimited parking, 24 hour

    Henry Song Prominent Properties Sotheby's International Realty-Edgewater

    Section Image

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
Fung Stephent F $460,000 Fidelity National Title
Christiana Trust $519,788 Cho Michelle M
Martinez Victor $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fung Stephent F $368,000
Previous Owner Martinez Victor $377,000
Previous Owner Martinez Victor $85,000
Previous Owner Martinez Victor $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $460,000 -6.1% $316 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $489,900 -- $336 / 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 $8,463 $536,000 $212,500 $323,500
2023 $8,539 $529,900 $207,500 $322,400
2022 $8,539 $529,700 $215,000 $314,700
2021 $9,580 $425,200 $225,000 $200,200
2020 $8,270 $425,200 $225,000 $200,200
2019 $8,062 $425,200 $225,000 $200,200
2018 $7,794 $425,200 $225,000 $200,200
2017 $7,654 $425,200 $225,000 $200,200
2016 $7,564 $425,200 $225,000 $200,200
2015 $7,462 $425,200 $225,000 $200,200
2014 $7,233 $425,200 $225,000 $200,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 23003232

New Jersey MLS

APN: 13-00091-0000-00003-0000-C0241