NOT LISTED FOR SALE

71 Independence Way Edgewater, NJ 07020

Estimated Value: $624,000 - $799,000

2 Beds
2.5 Baths
1,494 Sq Ft
$492/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $740,000 $495 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,162/month

19 Days on Market

About This Home

As of July 2023

Beautifully updated townhouse style layout home with open floor plan. This home offers tremendous natural sunlight and all the benefits of a condominium and privacy of a townhouse. Upgrades include hardwood flooring, recess lighting, crown molding, custom kitchen with stainless steel appliances, granite counter tops, designer cabinets, fully renovated bathrooms, oversized outdoor patio and more. This home offers two deeded parking spots and is arguable the most sought after in the community sure to exceed expectations. Independence Harbor luxury community features 24 hr security gate, an outdoor pool, fitness center, community room, tennis courts, river front walkway and more.

Last Agent to Sell the Property

Stephen Braconi

Christie's International Real Estate Group-Franklin Lakes Listed on: 04/27/2023

Christie's International Real Estate Group-Franklin Lakes

Last Buyer's Agent

Leo Dun

Realmart Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,251

Lot Details

  • River Front

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,251

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Townhouse
  • Co List Office Phone: (201) 904-2085
  • MLS Status: Sold - Sold
  • Directions: River rd to Independence Harbor
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Semiatth
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: Yes
  • 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 27, 2023
Closed on
Jul 13, 2023
Sold by
Buonocore Darren and Buonocore Sara
Bought by
Gupta Ravi and Sales Ludmilla Oliveira
Seller's Agent
Stephen Braconi
Christie's International Real Estate Group-Franklin Lakes
Buyer's Agent
Leo Dun
Realmart Realty, LLC
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Views
121
Current Estimated Value
$782,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,399
Avg. Annual Appreciation
2.81%
Original Mortgage
$518,000
Outstanding Balance
$475,561
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$306,838

Purchase Details

Closed on
Oct 1, 2021
Sold by
Shapiro Jennifer and Sanchez Edward
Bought by
Buonocore Darren and Kramvis Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2017
Sold by
Dauti Ardian and Belica Fiolla
Bought by
Shapiro Jennifer and Sanchez Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Levine Joshua A and Levine Kara D
Bought by
Dauti Ardian and Belica Fiolla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Cronin John J
Bought by
Levine Joshua and Levine Kara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,600
Interest Rate
6.62%

Purchase Details

Closed on
Jan 4, 2001
Sold by
Cronin John J
Bought by
Cronin John J and Cronin Marjorie A

Purchase Details

Closed on
Dec 17, 1997
Sold by
White Garret J
Bought by
Cronin John J and Cronin Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.12%
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
Gupta Ravi $740,000 Fidelity National Title
Buonocore Darren $685,000 First American Title Ins Co
Shapiro Jennifer $640,000 Acres Land Title
Dauti Ardian $510,000 --
Levine Joshua $652,000 --
Cronin John J $37,000 --
Cronin John J $37,000 --
Cronin John J $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Ravi $518,000
Previous Owner Buonocore Darren $102,750
Previous Owner Buonocore Darren $548,000
Previous Owner Shapiro Jennifer $512,000
Previous Owner Dauti Ardian $367,000
Previous Owner Dauti Ardian $375,000
Previous Owner Levine Joshua $521,600
Previous Owner Cronin John J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $740,000 -1.2% $495 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $749,000 -- $501 / 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 $9,989 $642,100 $267,500 $374,600
2023 $9,936 $625,500 $260,000 $365,500
2022 $9,936 $616,400 $260,000 $356,400
2021 $10,251 $455,000 $250,000 $205,000
2020 $8,850 $455,000 $250,000 $205,000
2019 $8,627 $455,000 $250,000 $205,000
2018 $8,340 $455,000 $250,000 $205,000
2017 $8,190 $455,000 $250,000 $205,000
2016 $8,094 $455,000 $250,000 $205,000
2015 $7,985 $455,000 $250,000 $205,000
2014 $7,740 $455,000 $250,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23012244

New Jersey MLS

APN: 13-00085-01-00002-0000-CD071