NOT LISTED FOR SALE

28 Vela Way Edgewater, NJ 07020

Estimated Value: $1,428,530 - $1,952,000

-- Bed
-- Bath
3,617 Sq Ft
$455/Sq Ft Est. Value

About This Home

This home is located at 28 Vela Way, Edgewater, NJ 07020 and is currently estimated at $1,645,383, approximately $454 per square foot. 28 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
Aug 24, 2012
Sold by
Lee James and Lee Jungmi
Bought by
Lai Leo and Lai Eun Hye
Current Estimated Value
$1,645,383

Purchase Details

Closed on
Aug 5, 2009
Sold by
Shah Vikas and Shah Rupa
Bought by
Lee James and Lee Jungmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2007
Sold by
Rosen Global Partners Llc
Bought by
Shah Vikas and Shah Rupa
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
Lai Leo $1,170,000 --
Lee James $983,122 --
Shah Vikas $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee James $550,000
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 $19,359 $1,259,200 $550,000 $709,200
2024 $18,995 $1,218,300 $555,000 $663,300
2023 $18,944 $1,189,400 $540,000 $649,400
2022 $18,944 $1,175,200 $540,000 $635,200
2021 $22,079 $980,000 $550,000 $430,000
2020 $22,854 $1,175,000 $550,000 $625,000
2019 $22,278 $1,175,000 $550,000 $625,000
2018 $21,538 $1,175,000 $550,000 $625,000
2017 $21,150 $1,175,000 $550,000 $625,000
2016 $20,903 $1,175,000 $550,000 $625,000
2015 $20,621 $1,175,000 $550,000 $625,000
2014 $19,987 $1,175,000 $550,000 $625,000
Source: Public Records

Map

New Jersey Bergen County Edgewater 07020

28 Vela Way, Edgewater, NJ

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