NOT LISTED FOR SALE

526 Undercliff Ave Edgewater, NJ 07020

Estimated Value: $1,065,000 - $1,346,000

4 Beds
2 Baths
1,440 Sq Ft
$822/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $800,000 $556 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,399/month

86 Days on Market

About This Home

As of March 2022

Great opportunity for Builders or construction-savvy Investors looking for a LEGAL two family investment property in desirable Edgewater. New construction over existing foundation with standing approval for two car garage. Large, traditional home with >20ft extension, open concept floor plan and completely separate 2bd/2bth units. Comparable to other two & three family houses in area but with an exceptional warm, traditional feel. Home is almost complete on first floor with 8"+ ceilings, washer/dryer hookups, quality porcelain tiles, Hardie Board siding, new gas boilers and all separate meters. Rare property tucked away on beautiful hillside with yard that borders idyllic woods above and has views. Just minutes away from Edgewater ferry, NYC buses, Hudson Riverfront walkway, Carnegie Library, Montessori School and playground. Buyer responsible to complete. Inquire for floor plans today!

Last Agent to Sell the Property

Matthew Perasso

Compass New Jersey, LLC-Hoboken Listed on: 10/11/2021

Compass New Jersey, LLC-Hoboken

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,532

Lot Details

  • 0.72

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in unit
  • Lot Dimensions are 25x125

Listing and Financial Details

  • Legal Lot and Block 00005 / 00036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,532

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 201-840-8898
  • MLS Status: Sold - Sold
  • Directions: Undercliff @ Valley Place
  • Architectural Style: 2 Family
  • Year Built Details: New Const-Existing Fdn,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Remarks: Partial. Unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 25x125

Tax Info

  • Tax Annual Amount: 8532.0
  • Tax Block: 00036
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Mar 30, 2022
Sold by
Charitos Repousis and Charitos Evangelos
Bought by
Sonders Kenneth and Sonders Alexandra
Seller's Agent
Matthew Perasso
Compass New Jersey, LLC-Hoboken
Buyer's Agent
Outside Agent
Outside Office
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%
Current Estimated Value
$1,183,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,517
Avg. Annual Appreciation
11.50%
Original Mortgage
$600,000
Outstanding Balance
$568,691
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$603,450

Purchase Details

Closed on
Jul 28, 2017
Sold by
Pkl Realty Llc
Bought by
Repousis Nicole and Spyratos Evangelos Charitos

Purchase Details

Closed on
Jun 9, 2008

Purchase Details

Closed on
Sep 28, 2007
Sold by
White Thomas
Bought by
Laforgia Patricia
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Sonders Kenneth $800,000 Chicago Title
Repousis Nicole $468,000 Acres Land Title Agency Inco
-- -- --
Pkl Realty Llc -- --
Laforgia Patricia $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sonders Kenneth $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $800,000 -5.8% $556 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
11/29/2021 11/29/21 Price Changed $849,000 -3.4% $590 / Sq Ft
11/05/2021 11/05/21 Price Changed $879,000 -2.2% $610 / Sq Ft
10/11/2021 10/11/21 For Sale $899,000 -- $624 / 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
2025 $13,483 $888,000 $343,100 $544,900
2024 $13,040 $848,500 $331,600 $516,900
2023 $8,566 $816,500 $313,800 $502,700
2022 $8,566 $531,400 $298,800 $232,600
2021 $8,532 $378,700 $246,900 $131,800
2020 $7,366 $378,700 $246,900 $131,800
2019 $7,978 $420,800 $246,900 $173,900
2018 $7,713 $420,800 $246,900 $173,900
2017 $7,945 $441,400 $267,500 $173,900
2016 $7,853 $441,400 $267,500 $173,900
2015 $7,747 $441,400 $267,500 $173,900
2014 $7,508 $441,400 $267,500 $173,900
Source: Public Records

Agents Affiliated with this Home

  • Matthew Perasso

    Seller's Agent in 2022

    Matthew Perasso

    Compass New Jersey, LLC-Hoboken

    (917) 834-0454

    37 in this area

    60 Total Sales

    Matthew Perasso
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

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Map

Source: New Jersey MLS

MLS Number: 21040893

New Jersey MLS

APN: 13-00036-0000-00005

New Jersey Bergen County Edgewater 07020

526 Undercliff Ave, Edgewater, NJ

This home is located at 526 Undercliff Ave, Edgewater, NJ 07020 since 11 October 2021 and is currently estimated at $1,183,517, approximately $821 per square foot. 526 Undercliff Ave is a home located in Bergen County with nearby schools including Eleanor Van Gelder Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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