$1,600,000
SOLD JUN 11, 2025

445 Cottage Ave Beverly, NJ 08010

7 Beds
6.5 Baths
7,012 Sq Ft
3.15 Acres

Recently Sold

$228 Per Sq Ft

9% Below List Price

114 Days on Market

Highlights

  • 230 Feet of Waterfront
  • Tennis Courts
  • River View
  • Access to Tidal Water
  • Private Pool
  • 3.15 Acre Lot

About This Home

As of June 2025

Welcome to 445 Cottage Avenue, also known as Towerview, a remarkable waterfront estate steeped in rich history and timeless elegance, situated along the Delaware River in Edgewater Park, NJ. This extraordinary property traces its origins back to the early 1700s when it began as a modest one-room farmhouse. Over the centuries, it has evolved into a grand residence featuring 7 bedrooms and 6.5 bathrooms, offering a unique blend of historical significance and modern luxury. For the first time, this exquisite home is available on the open market, having always been sold privately in the past. The estate's storied past includes ownership by Elias Boudinot, a prominent figure who served as President of the Continental Congress and was appointed by George Washington as Director of the United States Mint. In the mid-1800s, the property was transformed by a wealthy Philadelphian, who expanded the home in the Italianate style and added a striking four-story tower.In 1898, the residence underwent extensive renovations, adding a third floor, a grand staircase, and a stunning stained glass Palladium window, while embracing a Victorian neo-Colonial exterior. The original farmhouse became the servants' quarters, and the estate was further enhanced with a porte-cochere, a two-car garage, and a large pier with riparian rights.Modern amenities include a pool, tennis court, and lush landscaping, complemented by a historic Fairmount Park guard house. The tennis court offers the opportunity to be transformed into a pickleball court. Over the past 40 years, this estate has hosted U.S. Senators, Governors, and celebrities, serving as a venue for charitable and political events.This home is a dream for those who love water sports, with water access that has even accommodated private pickups by the "Spirit of Philadelphia" yacht. The home has also hosted weddings, with stunning sunsets providing a picturesque backdrop. Gardeners will find joy in the expansive grounds, which once nurtured wild raspberries. The beautifully updated kitchen features a charming tin ceiling, and many architectural details are thoughtfully repeated throughout the home. An elevator ensures ease of access across the first and second levels, making the home both luxurious and practical. A new hot water heater and boiler were also just installed in 2025.Conveniently located, it offers easy access to Princeton, South Jersey, and Philadelphia. Discover the charm and grandeur of 445 Cottage Avenue, where history meets luxury in a truly exceptional setting, and become the next steward to carry on the home's legacy.

Last Agent to Sell the Property

Naoji Moriuchi

Compass New Jersey, LLC - Moorestown Listed on: 01/09/2025

Compass New Jersey, LLC - Moorestown

Co-Listed By

Lauren Soss

Compass New Jersey, LLC - Moorestown

Compass New Jersey, LLC - Moorestown

Last Buyer's Agent

Lauren Soss

Compass New Jersey, LLC - Moorestown

Compass New Jersey, LLC - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,722

Year Built

  • Built in 1750

Lot Details

  • 3.15 Acre Lot
  • 230 Feet of Waterfront
  • Home fronts navigable water
  • Property is zoned 08010

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 7,012 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Cathedral Ceiling
  • Whole House Fan
  • 4 Fireplaces
  • Stained Glass
  • Bay Window
  • River Views
  • Unfinished Basement

Kitchen

  • Double Oven
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Slate Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Private Pool
  • Access to Tidal Water
  • Water Access
  • River Nearby
  • Tennis Courts
  • Sport Court
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Radiator
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 12-01701-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,722

Year Built

Built in 1750

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian, Colonial
  • Ownership: Fee Simple
  • Inclusions: Oven/Range, Refrigerator, Dishwasher, Microwaves, Washer, Dryer, Window Treatments, Light Fixtures
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 1/9/2025 12:00:00 AM
  • Year Built: 1750
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 445 Cottage Avenue, also known as Towerview, a remarkable waterfront estate steeped in rich history and timeless elegance, situated along the Delaware River in Edgewater Park, NJ. This extraordinary property traces its origins back to the early 1700s when it began as a modest one-room farmhouse. Over the centuries, it has evolved into a grand residence featuring 7 bedrooms and 6.5 bathrooms, offering a unique blend of historical significance and modern luxury. For the first time, this exquisite home is available on the open market, having always been sold privately in the past. The estate's storied past includes ownership by Elias Boudinot, a prominent figure who served as President of the Continental Congress and was appointed by George Washington as Director of the United States Mint. In the mid-1800s, the property was transformed by a wealthy Philadelphian, who expanded the home in the Italianate style and added a striking four-story tower. In 1898, the residence underwent extensive renovations, adding a third floor, a grand staircase, and a stunning stained glass Palladium window, while embracing a Victorian neo-Colonial exterior. The original farmhouse became the servants' quarters, and the estate was further enhanced with a porte-cochere, a two-car garage, and a large pier with riparian rights. Modern amenities include a pool, tennis court, and lush landscaping, complemented by a historic Fairmount Park guard house. The tennis court offers the opportunity to be transformed into a pickleball court. Over the past 40 years, this estate has hosted U.S. Senators, Governors, and celebrities, serving as a venue for charitable and political events. This home is a dream for those who love water sports, with water access that has even accommodated private pickups by the "Spirit of Philadelphia" yacht. The home has also hosted weddings, with stunning sunsets providing a picturesque backdrop. Gardeners will find joy in the expansive grounds, which once nurtured wild raspberries. The beautifully updated kitchen features a charming tin ceiling, and many architectural details are thoughtfully repeated throughout the home. An elevator ensures ease of access across the first and second levels, making the home both luxurious and practical. A new hot water heater and boiler were also just installed in 2025. Conveniently located, it offers easy access to Princeton, South Jersey, and Philadelphia. Discover the charm and grandeur of 445 Cottage Avenue, where history meets luxury in a truly exceptional setting, and become the next steward to carry on the home's legacy.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances, Built-In Microwave, Built-In Range, Dishwasher, Oven - Double, Refrigerator, Range Hood
  • Flooring Type: Carpet, Tile/Brick, Slate, Hardwood
  • Interior Amenities: Elevator, Wood Floors, Carpet, Kitchen - Island, Stain/Lead Glass
  • Window Features: Bay/Bow
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, High
  • Foundation Details: Stone, Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 7012
  • Living Area Sq Ft: 7012
  • Price Per Sq Ft: 249.57
  • Above Grade Finished Sq Ft: 7012
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 445

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 4.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Stone
  • Exterior Features: Sport Court, Tennis Court(s)
  • Roof: Shingle, Metal, Asphalt
  • View: River, Water
  • Water Access: Yes
  • Water Body Name: Delaware River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 230

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Whole House Fan
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: EDGEWATER PARK TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396949
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 3.15
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 137214.00
  • Outdoor Living Structures: Patio(s), Roof
  • Year Assessed: 2024
  • Zoning: 08010

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 24722.00
  • Assessor Parcel Number: 12-01701-00011
  • Tax Lot: 00011
  • Tax Total Finished Sq Ft: 6516
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/11/2025

MLS Schools

  • School District Name: EDGEWATER PARK TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Jun 5, 2025
Sold by
Allen Samuel L and Allen Diane B
Bought by
Chein Joshua and Chein Esther
Seller's Agent
Naoji Moriuchi
Compass New Jersey, LLC - Moorestown
Buyer's Agent
Lauren Soss
Compass New Jersey, LLC - Moorestown
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%
Views
518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.82%
Original Mortgage
$900,000
Outstanding Balance
$899,060
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$828,591

Purchase Details

Closed on
Jun 23, 1982
Bought by
Allen Samuel L and Allen Diane B
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
Deed $1,600,000 Madison Title Agency
Deed $1,600,000 Madison Title Agency
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Closed $900,000 New Conventional
Previous Owner $198,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $225,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $1,600,000 -8.6% $228 / Sq Ft
05/04/2025 05/04/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $1,750,000 -- $250 / Sq Ft
Source: Bright 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 $24,723 $713,100 $319,800 $393,300
2024 $24,466 $713,100 $319,800 $393,300
2023 $24,466 $713,100 $319,800 $393,300
2022 $24,395 $713,100 $319,800 $393,300
2021 $24,010 $713,100 $319,800 $393,300
2020 $23,226 $713,100 $319,800 $393,300
2019 $28,305 $919,900 $319,800 $600,100
2018 $27,680 $919,900 $319,800 $600,100
2017 $27,155 $919,900 $319,800 $600,100
2016 $25,638 $919,900 $319,800 $600,100
2015 $24,699 $919,900 $319,800 $600,100
2014 $23,365 $919,900 $319,800 $600,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2078018

Bright MLS

APN: 12-01701-0000-00011