$2,100,000
SOLD JUL 9, 2022

3 Somerset Ln Unit 611 Edgewater, NJ 07020

3 Beds
2.5 Baths
1,964 Sq Ft
$1,291/mo HOA Fee

Recently Sold

$1,069 Per Sq Ft

7% Below List Price

12 Days on Market

Highlights

  • Doorman
  • River View
  • Property is near a park
  • Fitness Center
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of September 2024

Breathtaking east facing corner unit with remarkable views! Enjoy over 1900 sqft of indoor living space w. floor-to-ceiling windows to showcase the masterpiece of your view & over 1000sqft of a wrap-around balcony. Equipped w. a gourmet kitchen with top-of-the-line Subzero, Wolf & Bosch stainless steel appliances, updated backsplash and a stunning oversized marble waterfall kitchen island. Each of the sun-lit bedrooms offers private access to the balcony. The primary suite was upgraded with additional closet space. Features include spa-like bathrooms, Smart Home features, Caesar stone countertops, premium Kohler fixtures, and hardwood flooring throughout. Amenities include a Manhattan-facing outdoor swimming pool, expansive deck with cabana areas, rooftop deck, a state-of-the-art fitness center, reception room & children's playroom. Accessible to Riverwalk Park featuring a private pier, concierge services, private ferry shuttle & NYC Bus, nearby restaurants & shopping centers.

Last Agent to Sell the Property

JIA YAN MONACO

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1111342 Listed on: 05/26/2022

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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,604

HOA Fees

  • $1,291 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • River
  • New York

Home Design

  • Contemporary Architecture
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,964 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Terrace

Location

  • Property is near a park
  • Property is near public transit
  • 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

  • Assessor Parcel Number 5014

Community Details

Overview

  • Association fees include parking
  • Glass House Condos

Amenities

  • Doorman
  • Recreation Room
  • Elevator

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,604

Lot Details

0

HOA Fees

$1,291 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary
  • Inclusions: Owner is open to sell furniture
  • Miscellaneous: New York View, River View, Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 5014
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 6
  • Appliances Included: Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Bedrooms: 3
  • Total Rooms: 5
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 3
  • Level 1 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 1964
  • Price Per Sq Ft: 1069.25

Exterior Features

  • Exterior Finish: Stone, Stucco

Garage/Parking

  • Parking Available: 2 Cars, Attached, Covered, Garage

Utilities

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

Association/Amenities

  • Amenities Included: Terrace, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Community Room, Doorman, Elevator, Exercise Room, Play Area, Pool, PRIVATE ROOF TOP
  • Complex Name: Glass House
  • Maintenance Fee Includes: Parking

Fee Information

  • Monthly Maintenance Fee: 1291

Lot Info

  • Geo Address Line: 3 Somerset Ln
  • Geo Primary City: Edgewater
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/26/2022
  • Geo Zoom Level: 16

Rental Info

  • Pets: Y

Tax Info

  • Taxes: 22604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Sep 24, 2024
Sold by
Leclaire Courtnee and Spesak John C
Bought by
Im Yi Moon
Seller's Agent
Casey Lerner
Prominent Properties Sotheby's International Realty-Tenafly
Buyer's Agent
Casey Lerner
Prominent Properties Sotheby's International Realty-Tenafly
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Total Days on Market
12
Views
19
Current Estimated Value
$2,254,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,750
Avg. Annual Appreciation
-2.34%

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 7, 2022
Sold by
Regina Palmer
Bought by
Leclaire Courtnee and Spesak John C
Seller's Agent
JIA YAN MONACO
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kenneth DeGrave
COMPASS NEW JERSEY, LLC
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Apr 28, 2022
Sold by
Regina Palmer
Bought by
Palmer Regina

Purchase Details

Closed on
Jun 4, 2019
Sold by
Edgewater Glass House Llc
Bought by
Palmer Regina and Felton Lawrence
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $2,300,000 Sunnyside Title
Deed $2,100,000 Old Republic National Title
Quit Claim Deed $795,685 Old Republic National Title
Deed $1,850,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $2,300,000 -7.8% --
08/30/2024 08/30/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $2,495,000 +18.8% --
07/09/2022 07/09/22 Sold $2,100,000 -6.7% $1,069 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $2,250,000 -- $1,146 / 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
2024 $29,774 $1,909,000 $370,000 $1,539,000
2023 $29,448 $1,864,400 $360,000 $1,504,400
2022 $29,448 $1,826,800 $375,000 $1,451,800
2021 $22,515 $1,003,300 $254,600 $748,700
2020 $16,597 $853,300 $254,600 $598,700
2019 $16,179 $853,300 $254,600 $598,700
2018 $11,975 $653,300 $254,600 $398,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220009545

Hudson County MLS

APN: 13-00099-0000-00001-15-C0611