NOT LISTED FOR SALE

502 Rutledge Ct Edgewater, NJ 07020

Estimated Value: $814,986 - $1,166,000

3 Beds
3 Baths
1,798 Sq Ft
305 Sq Ft Lot

Last Sold November 20, 2023

Last sale price $710,000 $395 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,940/month

157 Days on Market

About This Home

As of November 2023

THE CHEN AGENCY represents:'INDEPENDENCE HARBOR' A massive PRICE REDUCTION on this REMARKABLE property. PRICED TO SELL. The unit is being strictly sold AS-IS. This sophisticated residence with 1798-sf features a 11'9"x9'11" den/convertible 3rd bedroom with a closet and a full 3rd bathroom. This rare floorplan is one of only three in the entire community. Gracious and expansive rooms with wrap-around windows and partial northeast views of the river and city. Significant renovations and improvements include stunning ebony wood floors, custom appliances and counters in the kitchen, and bathrooms finished with custom fittings, tile and hardware. This very special home is sure to impress. Premier waterfront community with 24-hour gatehouse, pool, tennis, clubhouse with gym and direct access to the Hudson Riverfront Walkway that connects to City Place and Edgewater Commons. One-of-a-kind gem. An absolute must-see! Contact now for your private tour! SOPHIE KANG at 201-281-5593.

Last Agent to Sell the Property

Jung Lee

The Chen Agency Listed on: 05/30/2023

Last Buyer's Agent

Eunice Kim

Realty 7, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,597

Lot Details

  • 305

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,597

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 346-8888
  • MLS Status: Sold - Sold
  • Directions: River Road To Independence Harbor
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Nov 15, 2023
Sold by
Kim Young Sun
Bought by
Wang Rao Jon Jongha and Wang Kim Hwakyung
Seller's Agent
Jung Lee
The Chen Agency
Buyer's Agent
Eunice Kim
Realty 7, LLC
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%
Views
608
Current Estimated Value
$933,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,747
Avg. Annual Appreciation
13.32%

Purchase Details

Closed on
Feb 15, 2022
Sold by
Chuan Liu
Bought by
Kim Roy Beomscok and Kim Young Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,400
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2014
Sold by
Mcdonald William and Mcdonald Johnnie
Bought by
Liu Chuan

Purchase Details

Closed on
Nov 10, 2006
Sold by
Fiorentino Mara
Bought by
Mcdonald William and Mcdonald Johnnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,999
Interest Rate
6.36%

Purchase Details

Closed on
Jul 30, 2003
Sold by
So Chun T
Bought by
Fiorentino Mara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,400
Interest Rate
5.46%
Source: Public Records
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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
Wang Rao Jon Jongha $710,000 None Listed On Document
Wang Rao Jon Jongha $710,000 None Listed On Document
Kim Roy Beomscok $778,000 Wang Greg X
Liu Chuan $795,000 Attorney
Mcdonald William $724,000 --
Fiorentino Mara $578,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Roy Beomscok $622,400
Previous Owner Mcdonald William $649,999
Previous Owner Fiorentino Mara $462,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $710,000 -2.1% $395 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $725,000 0.0% $403 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $725,000 -3.3% $403 / Sq Ft
09/07/2023 09/07/23 Price Changed $750,000 -4.9% $417 / Sq Ft
07/31/2023 07/31/23 Price Changed $789,000 -4.4% $439 / Sq Ft
07/20/2023 07/20/23 Price Changed $825,000 -2.6% $459 / Sq Ft
05/30/2023 05/30/23 For Sale $847,000 -- $471 / Sq Ft
Source: New Jersey MLS

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 $11,811 $761,700 $275,000 $486,700
2024 $11,597 $743,300 $267,500 $475,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23016194

New Jersey MLS

APN: 13-00085-01-00002-0000-CQ502