NOT LISTED FOR SALE

3 Somerset Ln Unit 621 Edgewater, NJ 07020

Estimated Value: $2,214,000 - $3,813,000

4 Beds
2.5 Baths
-- Sq Ft
3.03 Acres

Last Sold May 14, 2024

Last sale price $3,400,000

Est. 9% decrease in value since last sale

Current estimated payment $21,804/month

79 Days on Market

About This Home

As of May 2024

Discover a uniquely crafted and combined penthouse enhanced with luxurious upgrades and detailed finishes at the Glasshouse, the waterfront condo in Edgewater. Features a gourmet kitchen with high-end appliances set against a stunning glass-top island and exotic African Zebra Wood cabinets. Handcut walnut hardwood flooring infuses warmth and personality. Embrace indoor-outdoor living on the expansive wrap-around terrace with panoramic NYC skyline views. Privacy is assured with floor-to-ceiling electrochromic glass. Primary bedroom with a private Manhattan view, spacious closet, and en-suite bathroom featuring an imported copper bathtub, dual showers, and vanities for an oasis of comfort. Enjoy a customized atmosphere with the Lutron lighting and Sonos sound systems. Glasshouse provides a great selection of amenities and a shuttle bus to Ferry. 4 parking included. This penthouse is more than a home; it's a lifestyle.

Last Agent to Sell the Property

JIA YAN MONACO

Prominent Properties Sotheby's International Realty-Englewood Cliffs Listed on: 01/23/2024

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Co-Listed By

Maggie Raffaele

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Last Buyer's Agent

Soha Fontaine

Compass New Jersey, LLC-Hoboken

Compass New Jersey, LLC-Hoboken

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $63,559

Lot Details

  • River Front

Parking

  • 4 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • E Van Gelder/G Wash Elementary School

Property Details

Home Type

Condominium

Est. Annual Taxes

$63,559

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 585-8080
  • MLS Status: Sold - Sold
  • Directions: Off River Road
  • Year Built Details: 2010's,New Const-New Fdn
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4.0

Schools

  • Elementary School: E Van Gelder/G Wash
  • Elementary: E Van Gelder/G Wash

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
May 10, 2024
Sold by
Brown Andrew
Bought by
Budden Joseph A
Seller's Agent
JIA YAN MONACO
Prominent Properties Sotheby's International Realty-Englewood Cliffs
Buyer's Agent
Soha Fontaine
Compass New Jersey, LLC-Hoboken
List Price
$3,680,000
Sold Price
$3,400,000
Premium/Discount to List
-$280,000
-7.61%
Views
991
Current Estimated Value
$3,107,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$292,783
Avg. Annual Appreciation
-6.50%
Original Mortgage
$2,720,000
Outstanding Balance
$2,681,203
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$426,014

Purchase Details

Closed on
Jan 29, 2021
Sold by
Edgewater Glass House Llc
Bought by
Brown Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,970,647
Interest Rate
2.6%
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
Budden Joseph A $3,400,000 First Bergen Title
Budden Joseph A $3,400,000 First Bergen Title
Brown Andrew $3,960,863 Stewart Title
Brown Andrew $3,960,863 Stewart Title
Brown Andrew $3,960,863 Madison Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budden Joseph A $2,720,000
Closed Budden Joseph A $2,720,000
Previous Owner Brown Andrew $2,970,647
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $3,400,000 -7.6% --
04/11/2024 04/11/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $3,680,000 -- --
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 $64,723 $4,170,400 $385,000 $3,785,400
2024 $63,559 $4,073,200 $370,000 $3,703,200
2023 $62,749 $3,979,900 $360,000 $3,619,900
2022 $62,749 $3,892,600 $375,000 $3,517,600
2021 $14,996 $697,900 $194,000 $503,900
2020 $13,574 $697,900 $194,000 $503,900
2019 $13,232 $697,900 $194,000 $503,900
2018 $9,127 $497,900 $194,000 $303,900
Source: Public Records

Agents Affiliated with this Home

  • JIA YAN MONACO

    Seller's Agent in 2024

    JIA YAN MONACO

    Prominent Properties Sotheby's International Realty-Englewood Cliffs

    (201) 585-8080

    47 in this area

    78 Total Sales

    JIA YAN MONACO
    Section Image
  • Maggie Raffaele

    Seller Co-Listing Agent in 2024

    Maggie Raffaele

    Prominent Properties Sotheby's International Realty-Englewood Cliffs

    (201) 286-2927

    42 in this area

    79 Total Sales

    Maggie Raffaele
    Section Image
  • Soha Fontaine

    Buyer's Agent in 2024

    Soha Fontaine

    Compass New Jersey, LLC-Hoboken

    (917) 892-8977

    1 in this area

    231 Total Sales

    Soha Fontaine
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24002276

New Jersey MLS

APN: 13-00099-0000-00001-15-C0621

New Jersey Bergen County Edgewater 07020

3 Somerset Ln Unit 621, Edgewater, NJ

This home is located at 3 Somerset Ln Unit 621, Edgewater, NJ 07020 since 23 January 2024 and is currently estimated at $3,107,217. 3 Somerset Ln Unit 621 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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