$790,000
SOLD FEB 28, 2025

3 Somerset Ln Unit 505 Edgewater, NJ 07020

1 Bed
1.5 Baths
-- Sq Ft
3.03 Acres

Recently Sold

4% Below List Price

59 Days on Market

Highlights

  • River Front
  • Storage
  • En-Suite Primary Bedroom

About This Home

As of February 2025

Spacious 1Br+ Den boasts a generous 998SQFT of indoor space and 227SQFT outdoor area. Large Marvin windows, broad balconies, and 10ft ceiling. The gourmet kitchen is a chef's dream, featuring stainless steel appliances from renowned brands like Subzero, Wolf, and Bosch. Luxuriate in spa-inspired bathrooms equipped with Smart Home functionalities, Caesarstone countertops, and top-notch Kohler fixtures. Huge custom center island is a beautiful addition to the space. Residents can enjoy various upscale amenities: a courtyard with breathtaking views of Manhattan, an outdoor pool, a rooftop deck with a panoramic view of Manhattan, Gym, a dedicated children's playroom. Access to scenic Riverwalk Park with its private pier. Concierge services, private ferry shuttle service available for utmost convenience. Not to mention the proximity to delightful restaurants and a supermarket. Parking space included.

Last Agent to Sell the Property

Taylor Lucyk

Christie's International Real Estate Group-Paramus Listed on: 12/02/2024

Last Buyer's Agent

Stephen Braconi

Christie's International Real Estate Group-Franklin Lakes

Christie's International Real Estate Group-Franklin Lakes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,933

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom

Additional Features

  • Storage
  • River Front

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,933

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: 201-975-4141
  • MLS Status: Sold - Sold
  • Directions: River Rd to Edgewater harbor to Glass House - UNIT 505
  • Year Built Details: 2010's
  • PropertySubTypeAdditional: Midrise
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: Storage
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: River Front
  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Feb 25, 2025
Sold by
Polito Francesco and Ricker Lauren
Bought by
Kim Julie and Lee William
Seller's Agent
Taylor Lucyk
Christie's International Real Estate Group-Paramus
Buyer's Agent
Stephen Braconi
Christie's International Real Estate Group-Franklin Lakes
List Price
$820,000
Sold Price
$790,000
Premium/Discount to List
-$30,000
-3.66%
Views
73
Current Estimated Value
$814,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,039
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Apr 18, 2019
Sold by
Edgewater Glass House Llc
Bought by
Polito Francesco and Ricker Lauren
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 Type Sale Price Title Company
Deed $790,000 First American Title
Deed $790,000 First American Title
Deed $730,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $790,000 -1.2% --
01/30/2025 01/30/25 Pending -- -- --
01/04/2025 01/04/25 Price Changed $799,995 -2.4% --
12/02/2024 12/02/24 For Sale $820,000 -- --
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 $11,155 $724,400 $385,000 $339,400
2024 $10,933 $702,000 $370,000 $332,000
2023 $11,344 $684,600 $360,000 $324,600
2022 $11,344 $703,700 $375,000 $328,700
2021 $11,986 $532,000 $129,400 $402,600
2020 $10,347 $532,000 $129,400 $402,600
2019 $10,087 $532,000 $129,400 $402,600
2018 $6,086 $332,000 $129,400 $202,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24037873

New Jersey MLS

APN: 13-00099-0000-00001-15-C0505