NOT LISTED FOR SALE

3 Somerset Ln Unit 102 Edgewater, NJ 07020

Estimated Value: $1,356,000 - $1,581,000

3 Beds
3 Baths
1,895 Sq Ft
$779/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $1,220,000 $644 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,807/month

Highlights

  • Doorman
  • River View
  • Terrace
  • Fitness Center
  • Contemporary Architecture
  • Community Pool

About This Home

As of April 2022

The Glass House features an exclusive Townhome Collection at Edgewater Harbor. Only fifteen of these two-story homes constructed, the utmost attention was given to every element of design, creating homes that are timeless epitomes of elegance. Upon entry, you are greeted with breathtaking views of the Hudson River and the NYC skyline, perfectly framed by oversized windows. An abundance of natural light brightens the spacious living area and gourmet kitchen, which opens onto a private terrace. Each of the residences has spacious balconies, large oversized Marvin windows, 10ft ceilings, gourmet kitchens, including Subzero, Wolf & Bosch stainless steel appliances, Caesar stone countertops, and premium Kohler fixtures, a spa-like bathroom with soaking tub. NEST Smart Home Thermostat System and Comelit Intercom System.

Last Agent to Sell the Property

JIA YAN MONACO

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1111342 Listed on: 11/10/2021

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Maggie Raffaele

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #9807331

Last Buyer's Agent

Kenneth DeGrave

COMPASS NEW JERSEY, LLC License #0792525

COMPASS NEW JERSEY, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $22,099

Lot Details

  • 3.03

HOA Fees

  • $1,245 Monthly HOA Fees

Parking

  • Garage

Property Views

  • River
  • New York

Home Design

  • Contemporary Architecture
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,895 Sq Ft Home
  • Living Room
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Terrace

Location

  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00001 / 00099
  • Assessor Parcel Number 4920

Community Details

Overview

  • Association fees include parking
  • First Residential Service Association

Amenities

  • Doorman
  • Recreation Room
  • Elevator

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$22,099

Lot Details

0

HOA Fees

$1,245 per month

Listing Details

  • Class: CONDO-COOP
  • Type: TOWNHOUSE
  • Building Style: Contemporary, Townhouse
  • Inclusions: EF, LR, DR, MEIK,BR/ FULLBATH, 2CAR GARAGE, STORAGE MBR/MBATH, BR/FULLBATH, W/D **684 SQFT BALCONY**
  • Lead Paint Form: Yes
  • Miscellaneous: New York View, River View, Near Shopping, Near Bus, Near Schools
  • Assessor Parcel Number: 4920
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Number: 1st
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Bedrooms: 3
  • Total Rooms: 5
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 3
  • Level 1 Full Bathrooms: 3
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 1895
  • Price Per Sq Ft: 643.8

Exterior Features

  • Exterior Finish: Stone, Stucco

Garage/Parking

  • Parking Available: Garage

Utilities

  • Heating/Cooling: A/C Central, Electric, Gas

Association/Amenities

  • Amenities Included: Terrace
  • Management Company: First Residential Service

Condo/Co-op/Association

  • Common Amenities: Community Room, Doorman, Elevator, Exercise Room, Play Area, Pool, Security
  • Maintenance Fee Includes: Parking

Fee Information

  • Mo Fee Year: 2021
  • Monthly Maintenance Fee: 1245

Lot Info

  • Geo Address Line: 3 Somerset Ln
  • Geo Primary City: Edgewater
  • Geo Quality: 0.95
  • Geo Update Timestamp: 11/10/2021
  • Geo Zoom Level: 16
  • Lot: 00001

Tax Info

  • Taxes: 22099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Apr 13, 2022
Sold by
Edgewater Glass House Llc
Bought by
Yerukalapudi Venkata Sesha Sai Ra and Jammalamadakar Venkata Naga
Seller's Agent
JIA YAN MONACO
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kenneth DeGrave
COMPASS NEW JERSEY, LLC
List Price
$1,390,000
Sold Price
$1,220,000
Premium/Discount to List
-$170,000
-12.23%
Current Estimated Value
$1,475,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,304
Avg. Annual Appreciation
5.70%
Original Mortgage
$970,000
Interest Rate
2.5%
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
Yerukalapudi Venkata Sesha Sai Ra $1,220,000 Kaufman Paul
Yerukalapudi Venkata Sesha Sai Ra $1,220,000 Kaufman Paul
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yerukalapudi Venkata Sesha Sai Ra $970,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $1,220,000 -12.2% $644 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $1,390,000 -- $734 / Sq Ft
Source: Hudson County 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 $20,427 $1,320,900 $385,000 $935,900
2024 $20,042 $1,285,500 $370,000 $915,500
2023 $25,673 $1,255,000 $360,000 $895,000
2022 $25,673 $1,592,600 $375,000 $1,217,600
2021 $22,100 $980,900 $246,200 $734,700
2020 $16,161 $830,900 $246,200 $584,700
2019 $15,754 $830,900 $246,200 $584,700
2018 $11,564 $630,900 $246,200 $384,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 210025369

Hudson County MLS

APN: 13-00099-0000-00001-15-C0102