$625,000
SOLD JUL 15, 2024

501 Chase Ct Edgewater, NJ 07020

2 Beds
2 Baths
1,293 Sq Ft
218 Sq Ft Lot

Recently Sold

$483 Per Sq Ft

2% Below List Price

43 Days on Market

About This Home

As of July 2024

Welcome to 501 Chase Court, an exceptional corner unit offering a sophisticated 2 bed/2 bath condo experience. Positioned for easy NYC and highway access, nestled in Edgewater's waterfront community on a historic pier, this home features a modern kitchen with granite counters and stainless steel appliances, completely renovated for the discerning chef. The Master Suite offers a private sanctuary with a custom walk-in closet. Enjoy the expansive living room with two balconies providing partial views of the NYC Skyline and the Hudson River. This dog-friendly community is also in close proximity to great shopping, restaurants, and parks, creating a vibrant atmosphere. Commuting to NYC is a breeze from this prime location. Indulge in amenities like a 24-hour gatehouse, pool, tennis, gym.clubhouse, and direct Hudson Riverfront Walkway. Your premier residence awaits - seize this opportunity to make it your home, complete with the added convenience of Two Deeded Garage Parking Spaces.

Last Agent to Sell the Property

Elina Policastro

Prominent Properties Sotheby's International Realty-Edgewater Listed on: 05/14/2024

Prominent Properties Sotheby's International Realty-Edgewater

Last Buyer's Agent

Michael Barnhart

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,258

Lot Details

  • River Front

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

  • Evg / Gw Elementary School
  • Leonia Middle School
  • Leonia High School

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,258

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 840-8898
  • MLS Status: Sold - Sold
  • Directions: Turn Right onto Independence Way from River Road
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Midrise
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: Yes
  • Basement Remarks: Garage Parking
  • Laundry: In Unit

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Schools

  • Elementary School: EVG / GW School
  • High School: Leonia High School
  • Middle Or Junior School: Leonia Middle School
  • Elementary: EVG / GW School

Lot Info

  • Lot: 00002

MLS Schools

  • High School Text: Leonia High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 11, 2024
Sold by
Monroe Phyllis
Bought by
Hershkowitz Ryan and Stoltz Leah
Seller's Agent
Elina Policastro
Prominent Properties Sotheby's International Realty-Edgewater
Buyer's Agent
Michael Barnhart
EXP Realty, LLC
List Price
$635,000
Sold Price
$625,000
Premium/Discount to List
-$10,000
-1.57%
Views
235
Current Estimated Value
$647,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,229
Avg. Annual Appreciation
3.79%
Original Mortgage
$500,000
Outstanding Balance
$495,784
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$151,445

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 31, 2020
Sold by
Lopez Pablo M
Bought by
Monroe Phyllis
Seller's Agent
Joseph Aziz
PRESTIGE PROPERTY GROUP MONTCLAIR LLC
Buyer's Agent
Elina Policastro
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
List Price
$579,000
Sold Price
$510,000
Premium/Discount to List
-$69,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$470,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2012
Sold by
Hudson City Savings Bank
Bought by
Sanchez Pablo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2012
Sold by
Nam Bom Do
Bought by
Hudson City Svgs Bank

Purchase Details

Closed on
Apr 12, 2005
Sold by
Cho Kyu Taek
Bought by
Nam Bom Do

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.78%

Purchase Details

Closed on
Jun 11, 2002
Sold by
Demartino Jacqueline
Bought by
Cho Kyu T and Yeares Nam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.73%
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 $625,000 Main Street Title
Deed $510,000 Mundus Title Agency
Deed $480,000 --
Sheriffs Deed -- --
Deed $500,000 --
Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $470,000 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $442,000 New Conventional
Previous Owner $400,000 No Value Available
Previous Owner $300,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $625,000 -1.6% $483 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $635,000 +24.5% $491 / Sq Ft
12/31/2020 12/31/20 Sold $510,000 +2.0% $394 / Sq Ft
10/23/2020 10/23/20 Price Changed $499,999 -13.6% $387 / Sq Ft
10/12/2020 10/12/20 For Sale $579,000 -- $448 / 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 $8,828 $567,300 $267,500 $299,800
2023 $8,779 $552,800 $260,000 $292,800
2022 $8,779 $544,600 $260,000 $284,600
2021 $9,568 $424,700 $250,000 $174,700
2020 $8,260 $424,700 $250,000 $174,700
2019 $8,052 $424,700 $250,000 $174,700
2018 $7,785 $424,700 $250,000 $174,700
2017 $7,645 $424,700 $250,000 $174,700
2016 $7,555 $424,700 $250,000 $174,700
2015 $7,453 $424,700 $250,000 $174,700
2014 $7,224 $424,700 $250,000 $174,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24014778

New Jersey MLS

APN: 13-00085-01-00002-0000-CV501