NOT LISTED FOR SALE

25 Russell Ave Edgewater, NJ 07020

Estimated Value: $1,312,000 - $1,732,000

7 Beds
3 Baths
3,120 Sq Ft
$467/Sq Ft Est. Value

Last Sold December 26, 2023

Last sale price $1,100,000 $353 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,529/month

6 Days on Market

About This Home

As of December 2023

Attention Investors and History Enthusiasts! Discover an authentic piece of Edgewater's history in this remarkable Brownstone, originally built in 1895. Nestled among just six brownstones in the town, this three-family residence offers a rare opportunity for investors. Situated just a stone's throw away from River Road, you'll find convenience at its finest with proximity to Whole Foods, an array of shopping options, delectable restaurants, and seamless access to all major bus routes. Plus, a short drive brings you to both the GW Bridge and the Ferry, making this location a commuter's dream. As an added bonus, this Brownstone boasts four parking spaces, a valuable commodity in any bustling town. Enjoy stunning views of the iconic New York skyline, adding an extra layer of appeal to this fantastic investment opportunity. With low taxes and a prime location, this property is not only a piece of history but also a savvy choice for those seeking an excellent return on investment. Don't miss your chance to own a slice of Edgewater's past while securing your financial future.

Last Agent to Sell the Property

Gerard Mattera Jr

COMPASS NEW JERSEY, LLC License #0567046 Listed on: 09/27/2023

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,239

Lot Details

  • 2,004

Parking

  • 3 Parking Spaces

Home Design

  • Brownstone
  • Brick Exterior Construction

Interior Spaces

  • Living Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $3,349
  • Water Sewer Expense $759

Listing and Financial Details

  • Legal Lot and Block 00019 / 00071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,239

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Brownstone, Other-See Remarks
  • Exclusions: Personal property
  • Lead Paint Form: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: None
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 7
  • Total Living Rooms: 3
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 550-super
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1600
  • Third Floor Bedrooms: 3
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 3+ Cars

Utilities

  • Heating/Cooling: A/C Window, Gas

Fee Information

  • Insurance Expense: 3349
  • Water Sewer Expenses: 759

Lot Info

  • Geo Address Line: 25 Russell Ave
  • Geo Primary City: Edgewater
  • Geo Quality: 0.95
  • Lot: 00019

Tax Info

  • Year: 2022
  • Taxes: 10239

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Dec 21, 2023
Sold by
Dauria Joanne
Bought by
Ranz Holdings Llc
Seller's Agent
Gerard Mattera Jr
COMPASS NEW JERSEY, LLC
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$1,000,000
Sold Price
$1,100,000
Premium/Discount to List
$100,000
10%
Views
52
Current Estimated Value
$1,457,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,808
Avg. Annual Appreciation
14.50%

Purchase Details

Closed on
Dec 23, 2005

Purchase Details

Closed on
Apr 4, 1995
Sold by
Lazar Andrash
Bought by
D'Auria Vincent
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ranz Holdings Llc $1,100,000 Sunnyside Title
Ranz Holdings Llc $1,100,000 Sunnyside Title
-- -- --
D'Auria Vincent $147,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2023 12/26/23 Sold $1,100,000 +10.0% $353 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $1,000,000 -- $321 / Sq Ft
Source: Hudson County MLS

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 $11,422 $859,100 $226,000 $633,100
2024 $10,452 $718,800 $215,000 $503,800
2023 $10,239 $654,500 $165,000 $489,500
2022 $10,239 $635,200 $160,000 $475,200
2021 $11,235 $498,700 $149,000 $349,700
2020 $9,700 $498,700 $149,000 $349,700
2019 $9,455 $498,700 $149,000 $349,700
2018 $9,141 $498,700 $149,000 $349,700
2017 $8,977 $498,700 $149,000 $349,700
2016 $8,872 $498,700 $149,000 $349,700
2015 $8,752 $498,700 $149,000 $349,700
2014 $8,483 $498,700 $149,000 $349,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 230016195

Hudson County MLS

APN: 13-00071-0000-00019