$430,000
SOLD FEB 17, 2025

3502 City Place Edgewater, NJ 07020

1 Bed
1 Bath
878 Sq Ft
0.4 Acres

Recently Sold

$490 Per Sq Ft

4% Below List Price

40 Days on Market

About This Home

As of February 2025

WELCOME TO THIS LARGE, BRIGHT AND WELL MAINTAINED TOP-FLOOR UNIT IN THE PENINSULAR AT CITY PLACE. IT BOASTS OF BRAND NEW WOOD FLOORS, NEWLY PAINTED WALLS, STAINLESS STEEL APPLIANCES, LARGE BALCONY OVER LOOKING AT GWB AND THE HUDSON RIVER, AND PLENTY OF CLOSET SPACE. THE BUILDING PROVIDE 24 HOUR CONCIERGE AND FREE INDOOR PARKING SPACE. CITY PLACY OFFERS THE UNTRA CONVENIENCE OF WALKING TO HIGH-END STORES, NICE RESTAURANTS, COFFEE SHOPS,FITNESS CENTER AND NY TRANSPORTATION. DONOT MISS THIS GEM!

Last Agent to Sell the Property

Yingmin (Helena) Liu

C Land Realty Co. Listed on: 11/01/2024

Last Buyer's Agent

Cindy Hong

C Land Realty Co. Pal Park

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,655

Lot Details

  • River Front

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,655

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: 201-917-3830
  • MLS Status: Sold - Sold
  • Directions: RIVER ROAD TO CITY PLACE
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: No
  • Laundry: In Unit

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Feb 12, 2025
Sold by
Tang Lin
Bought by
Kwon Lauren Jeeun and Choe Alexander Jimin
Seller's Agent
Yingmin (Helena) Liu
C Land Realty Co.
Buyer's Agent
Cindy Hong
C Land Realty Co. Pal Park
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Views
23
Current Estimated Value
$432,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,936
Avg. Annual Appreciation
1.96%
Original Mortgage
$344,000
Outstanding Balance
$342,893
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$90,043

Purchase Details

Closed on
May 4, 2012
Sold by
Edgewater Promenade 123 Llc
Bought by
Tang Lin
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 $430,000 Mundus Title Agene
Condominium Deed $375,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Sold $430,000 -4.2% $490 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $449,000 -- $511 / 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
2024 $5,926 $380,100 $195,000 $185,100
2023 $5,655 $371,100 $190,000 $181,100
2022 $5,655 $350,800 $190,000 $160,800
2021 $6,619 $293,800 $175,000 $118,800
2020 $5,714 $293,800 $175,000 $118,800
2019 $5,570 $293,800 $175,000 $118,800
2018 $5,385 $293,800 $175,000 $118,800
2017 $5,288 $293,800 $175,000 $118,800
2016 $5,227 $293,800 $175,000 $118,800
2015 $5,156 $293,800 $175,000 $118,800
2014 $4,998 $293,800 $175,000 $118,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24035220

New Jersey MLS

APN: 13-00091-0000-00001-0000-C3502