NOT LISTED FOR SALE

3 Independence Way Edgewater, NJ 07020

Estimated Value: $570,000 - $668,000

2 Beds
2 Baths
1,338 Sq Ft
261 Sq Ft Lot

Last Sold August 28, 2024

Last sale price $528,000 $395 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,937/month

31 Days on Market

About This Home

As of August 2024

Welcome to 3 Independence Way-A STUNNING waterfront community that embodies luxury and comfort. Step inside to discover a spacious, light-filled interior that enhances the feeling of openness and serenity. This condo boasts 2 large bedrooms and 2 bathrooms, with in-unit laundry. The spacious kitchen is complete with tons of storage perfect for entertaining. Primary bedroom reveals a large walk-in closet with ample space. Second bedroom is generously sized offering flexibility for accommodating guests. Outside, the property features a picturesque patio perfect for relaxing. Resort like amenities include a pool, tennis court, dog run, children's playground, gym, and clubhouse. Conveniently located in the heart of Edgewater, this condo offers easy access to fine dining, shopping, entertainment, and parks. With proximity to major highways and public transportation, commuting to Manhattan and beyond is effortless. With potential to customize don't miss this opportunity, IT WONT LAST!!

Last Agent to Sell the Property

Jonathan Medina

Serhant New Jersey LLC Listed on: 06/25/2024

Serhant New Jersey LLC

Co-Listed By

Mark Trompeter

Serhant New Jersey LLC

Last Buyer's Agent

CYNTHIA BRAVO-VAZQUEZ

The Chen Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,579

Lot Details

  • River Front

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,579

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (646) 480-7665
  • MLS Status: Sold - Sold
  • Directions: Off of River Rd
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Att/Row
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 23, 2024
Sold by
Silver Joan V and Hayes Sharon
Bought by
Menon Sharika Gopakumar and Viswambharan Manu Krishna
Seller's Agent
Jonathan Medina
Serhant New Jersey LLC
Buyer's Agent
CYNTHIA BRAVO-VAZQUEZ
The Chen Agency
List Price
$465,000
Sold Price
$528,000
Premium/Discount to List
$63,000
13.55%
Views
69
Current Estimated Value
$611,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,341
Avg. Annual Appreciation
13.34%
Original Mortgage
$500,650
Outstanding Balance
$494,560
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$116,781

Purchase Details

Closed on
May 2, 1994
Sold by
Hartz River Lp
Bought by
Silver Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.7%
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
Menon Sharika Gopakumar $527,000 Westcor Land Title
Menon Sharika Gopakumar $527,000 Westcor Land Title
Silver Joan $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menon Sharika Gopakumar $500,650
Closed Menon Sharika Gopakumar $500,650
Previous Owner Silver Joan $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $528,000 +13.5% $395 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $465,000 -- $348 / 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 $8,774 $565,800 $275,000 $290,800
2024 $8,600 $552,200 $267,500 $284,700
2023 $8,579 $538,500 $260,000 $278,500
2022 $8,579 $532,200 $260,000 $272,200
2021 $8,999 $426,800 $250,000 $176,800
2020 $8,301 $426,800 $250,000 $176,800
2019 $8,092 $426,800 $250,000 $176,800
2018 $7,823 $426,800 $250,000 $176,800
2017 $7,682 $426,800 $250,000 $176,800
2016 $7,593 $426,800 $250,000 $176,800
2015 $7,490 $426,800 $250,000 $176,800
2014 $7,260 $426,800 $250,000 $176,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jonathan Medina

    Serhant New Jersey LLC

    (201) 509-1790

    1 in this area

    34 Total Sales

    Jonathan Medina
    Section Image
  • Mark Trompeter

    Seller Co-Listing Agent in 2024

    Mark Trompeter

    Serhant New Jersey LLC

    (917) 355-1329

    1 in this area

    111 Total Sales

    Mark Trompeter
    Section Image
  • CYNTHIA BRAVO-VAZQUEZ

    Buyer's Agent in 2024

    CYNTHIA BRAVO-VAZQUEZ

    The Chen Agency

    (201) 282-8239

    6 in this area

    9 Total Sales

    CYNTHIA BRAVO-VAZQUEZ
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24020396

New Jersey MLS

APN: 13-00085-01-00002-0000-CA003

New Jersey Bergen County Edgewater 07020

3 Independence Way, Edgewater, NJ

This home is located at 3 Independence Way, Edgewater, NJ 07020 since 25 June 2024 and is currently estimated at $611,341, approximately $456 per square foot. 3 Independence Way is a home located in Bergen County with nearby schools including Eleanor Van Gelder Elementary School and Our Lady of Grace School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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