NOT LISTED FOR SALE

602 Franklin Ct Edgewater, NJ 07020

Estimated Value: $439,001 - $510,000

1 Bed
1 Bath
742 Sq Ft
174 Sq Ft Lot

Last Sold August 02, 2023

Last sale price $385,000 $519 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,007/month

55 Days on Market

About This Home

As of August 2023

Introducing the much sought after top floor one-bedroom unit at Independence Harbor. Features offered on the the 6th floor included a fireplace in the living room perfect for both aesthetics and practicality along with a NYC skyline view overlooking the Hudson River. With approximately 750 square feet of bright living space with a generous sized bedroom and laundry in-unit, this unit truly has all you need. Being at Independence Harbor, residents are able to experience the luxurious amenities such as pool, gym, clubhouse tennis court, playground, BBQ area, dog park, and more. Location is unmatched as it is minutes from NYC transportation along with local shops and restaurants offered at City Place, Edgewater Commons, and more.

Last Agent to Sell the Property

Ray Park

RE/MAX NOW - Palisades Park Listed on: 04/26/2023

Last Buyer's Agent

Ray Park

RE/MAX NOW - Palisades Park Listed on: 04/26/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,912

Lot Details

  • River Front

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,912

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 585-8080
  • MLS Status: Sold - Sold
  • Directions: River Rd to Independence Harbor
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: No
  • Laundry: In Unit

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Aug 1, 2023
Sold by
Jin Crystal
Bought by
Lee Steve and Lee Sooyeon
Seller's Agent
Ray Park
RE/MAX NOW - Palisades Park
Buyer's Agent
Ray Park
RE/MAX NOW - Palisades Park
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Views
165
Current Estimated Value
$474,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,750
Avg. Annual Appreciation
8.82%
Original Mortgage
$308,000
Outstanding Balance
$300,797
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$173,953

Purchase Details

Closed on
May 16, 2002
Sold by
Podence John
Bought by
Wang Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
7%

Purchase Details

Closed on
Jul 31, 2001
Sold by
Kawula Michael J
Bought by
Podence John and Funari Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
7.14%

Purchase Details

Closed on
Jul 16, 1999
Sold by
Mackler Brian E and Mackler Erin P
Bought by
Kawula Michael J and Sloan Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
7.49%
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
Lee Steve $385,000 North Bergen Title
Lee Steve $385,000 North Bergen Title
Wang Crystal $262,500 --
Podence John $230,000 --
Kawula Michael J $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Steve $308,000
Closed Lee Steve $308,000
Previous Owner Wang Crystal $197,000
Previous Owner Podence John $218,500
Previous Owner Kawula Michael J $157,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $385,000 -2.5% $519 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $395,000 -- $532 / 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 $5,855 $378,100 $233,800 $144,300
2024 $5,732 $368,500 $227,400 $141,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23012129

New Jersey MLS

APN: 13-00085-01-00002-0000-CL602