400 Undercliff Ave Edgewater, NJ 07020
Estimated Value: $2,064,000
6
Beds
4
Baths
3,060
Sq Ft
$675/Sq Ft
Est. Value
Highlights
- 6,251 Sq Ft lot
- Property is near public transit
- Central Air
- Views to the East
- Attached Garage
- 3-minute walk to Duck Duck Park
About This Home
As of October 2021Fantastic LOCATION 2 FAMILY HOUSE on oversized 50 x 125 food lot. Great opportunity to live in one and rent the other; rent both (POTENTIAL RETURN IN EXCESS OF 5%); or develop a new 2 family. Each unit has separate utilities
Walk to NY Waterways ferry or easy NJ Transit to NYC.
LARGE AND DEEP PROPERTY. LANDLORD HAS REAL ESTATE LICENSE.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,035
Year Built
- 1990
Lot Details
- 6,251 Sq Ft Lot
- Rectangular Lot
Parking
- Attached Garage
Property Views
- Views to the East
- Views to the West
Home Design
- Built in the 1990s
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Laundry
- Washer and Dryer Hookup
Location
- Property is near public transit
- Property is near shops
Utilities
- Central Air
- Heating System Uses Gas
- Separate Meters
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 021300055 00014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 2023
Sold by
400 Undercliff Llc
Bought by
Zhu Yigang
Total Days on Market
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,000
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2023
Sold by
400 Undercliff Llc
Bought by
Venkatesh Kartizik Ram and Shah Shruti Nitin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,000
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2023
Sold by
400 Undercliff Llc
Bought by
400 Undercliff Avenue Condominium
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,000
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 29, 2021
Closed on
Oct 6, 2021
Sold by
Farhadian Nasser D and Farhadian Farah
Bought by
400 Undercliff Llc
Seller's Agent
Robert Oppenheimer
RE/MAX Fortune Properties
Buyer's Agent
Lisa Pagiatakis Gaito
RE/MAX Fortune Properties
List Price
$1,350,000
Sold Price
$1,100,000
Premium/Discount to List
-$250,000
-18.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,733,582
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 4, 2003
Sold by
Farhadian Nasser D
Bought by
Farhadian Nasser D and Farhadian Farah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.52%
Purchase Details
Closed on
Jun 22, 1993
Sold by
Farhadian Nasser D
Bought by
Oppenheimer Robert
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhu Yigang | $1,899,000 | First American Title | |
| Venkatesh Kartizik Ram | $1,863,000 | None Listed On Document | |
| 400 Undercliff Avenue Condominium | -- | None Listed On Document | |
| 400 Undercliff Llc | $1,100,000 | Westcor Land Title | |
| Farhadian Nasser D | -- | -- | |
| Oppenheimer Robert | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Venkatesh Kartizik Ram | $1,188,000 | |
| Previous Owner | 400 Undercliff Llc | $1,733,582 | |
| Previous Owner | Farhadian Nasser D | $252,100 | |
| Previous Owner | Farhadian Nasser D | $325,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2021 10/07/21 | Sold | $1,100,000 | -11.1% | $359 / Sq Ft |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- |
| 07/27/2021 07/27/21 | Price Changed | $1,238,000 | -4.6% | $405 / Sq Ft |
| 07/04/2021 07/04/21 | Price Changed | $1,298,000 | -3.9% | $424 / Sq Ft |
| 06/29/2021 06/29/21 | For Sale | $1,350,000 | -- | $441 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2022 | $9,591 | $595,000 | $585,000 | $10,000 |
| 2021 | $15,100 | $670,200 | $287,500 | $382,700 |
| 2020 | $13,035 | $670,200 | $287,500 | $382,700 |
| 2019 | $12,707 | $670,200 | $287,500 | $382,700 |
| 2018 | $12,285 | $670,200 | $287,500 | $382,700 |
| 2017 | $12,064 | $670,200 | $287,500 | $382,700 |
| 2016 | $11,923 | $670,200 | $287,500 | $382,700 |
| 2015 | $11,762 | $670,200 | $287,500 | $382,700 |
| 2014 | $11,400 | $670,200 | $287,500 | $382,700 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Oppenheimer
Seller's Agent in 2021
Robert Oppenheimer
RE/MAX
(201) 816-8889
1 in this area
39 Total Sales
-
Lisa Pagiatakis Gaito
Buyer's Agent in 2021
Lisa Pagiatakis Gaito
RE/MAX
(201) 341-1090
8 in this area
33 Total Sales
Map
Source: New Jersey MLS
MLS Number: 21026338
APN: 13-00055-0000-00014
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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