NOT LISTED FOR SALE

553 Undercliff Ave Unit 3 Edgewater, NJ 07020

Estimated Value: $402,000 - $421,190

2 Beds
1 Bath
-- Sq Ft
0.86 Acres

Last Sold February 01, 2024

Last sale price $360,000

Est. 15% increase in value since last sale

Current estimated payment $2,608/month

6 Days on Market

About This Home

As of February 2024

Enter into a long corridor with w/9 ft ceilings adorned with w/beautiful ceiling light fixtures. This large condo has been renovated. From the plumbing and electric to gorgeous dark wood plank floors. The very sharp newer kitchen has stainless steel appliances, granite countertops, and beautiful backsplash. Stunning newer bathroom w/glass partition and chrome heated towel rack. Lots of closet space w/custom shelving. All new solid oak doors were installed, and granite saddles, too. Perfect for commuting to the city. It has a great location at a bus stop and is very close to the Ferry and Hudson Riverfront. Street parking only. Some neighbors may rent spaces. The building has no parking.

Last Agent to Sell the Property

Susan Greenbaum

Keller Williams Village Square Realty Listed on: 01/16/2024

Keller Williams Village Square Realty

Last Buyer's Agent

Susan Greenbaum

Keller Williams Village Square Realty Listed on: 01/16/2024

Keller Williams Village Square Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,633

Lot Details

  • 0.86

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • E Van Gelder/G Wash Elementary School
  • Leonia Middle School
  • Leonia High School

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,633

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 445-4300
  • MLS Status: Sold - Sold
  • Directions: Corner of State Hwy 5
  • Year Built Details: 1900-1939
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No
  • Basement Remarks: none
  • Laundry: Coin/Card,Floor

Exterior Features

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

Schools

  • Elementary School: E Van Gelder/G Wash
  • High School: Leonia H.S.
  • Middle Or Junior School: Leonia
  • Elementary: E Van Gelder/G Wash

Lot Info

  • Lot: 00013

MLS Schools

  • High School Text: Leonia H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 1, 2024
Sold by
Simon Sharon Bella
Bought by
Undercliff 3 Llc
Seller's Agent
Susan Greenbaum
Keller Williams Village Square Realty
Buyer's Agent
Susan Greenbaum
Keller Williams Village Square Realty
List Price
$480,000
Sold Price
$360,000
Premium/Discount to List
-$120,000
-25%
Views
2
Current Estimated Value
$413,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,798
Avg. Annual Appreciation
8.33%
Original Mortgage
$375,000
Outstanding Balance
$178,485
Interest Rate
1%
Mortgage Type
New Conventional
Estimated Equity
$235,313

Purchase Details

Closed on
Nov 12, 2019
Sold by
Fares Ester and Ibrahem Joseph
Bought by
Simon Sharon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,250
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2017
Sold by
Nicole Repousis
Bought by
Fares Ester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,500
Interest Rate
3.9%

Purchase Details

Closed on
Oct 5, 2001
Sold by
Forziati Paul
Bought by
Bonheur Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
6.64%

Purchase Details

Closed on
Jun 7, 2000
Sold by
Salvo Ronald and Salvo Dorothy
Bought by
Forziati Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
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
Undercliff 3 Llc $360,000 Carnegie Title
Simon Sharon B $322,500 Old Republic Title
Fares Ester $314,000 --
Bonheur Eric $131,840 --
-- $131,800 --
Forziati Paul $100,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Undercliff 3 Llc $375,000
Previous Owner Simon Sharon B $290,250
Previous Owner Fares Ester $235,500
Previous Owner Fares Ester --
Previous Owner -- $125,200
Previous Owner Forziati Paul $92,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $360,000 -25.0% --
01/22/2024 01/22/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $480,000 -- --
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 $5,299 $342,400 $110,000 $232,400
2024 $5,184 $333,500 $107,500 $226,000
2023 $5,129 $324,600 $105,000 $219,600
2022 $5,129 $318,200 $105,000 $213,200
2021 $5,633 $250,000 $100,000 $150,000
2020 $4,863 $250,000 $100,000 $150,000
2019 $4,740 $250,000 $100,000 $150,000
2018 $4,583 $250,000 $100,000 $150,000
2017 $4,500 $250,000 $100,000 $150,000
2016 $4,448 $250,000 $100,000 $150,000
2015 $4,388 $250,000 $100,000 $150,000
2014 $4,253 $250,000 $100,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24001585

New Jersey MLS

APN: 13-00035-0000-00013-0000-C0003