
8 Vela Way Edgewater, NJ 07020
About This Home
As of January 2025This turn-key highly customized townhome is the perfect blend of elegance and modern living. With numerous improvements and renovations, this sophisticated townhouse is just minutes to NYC. Featuring a newly renovated chef's kitchen w/custom cabinetry, flooring, high-end appliances and a reconfigured layout w/center island and walk-in pantry. The great room offers a stunning living space w/ gas fpl, soaring ceilings and walls of glass. The lower level offers two versatile spaces that combine urban chic and cozy comfort, w/a newly renovated industrial designed media room w/climate controlled wine cellar and a multifunctional rec room, perfect for an office or guest retreat, w/new bath, new laundry room and access to a large patio. Tranquil primary suite w/new spa-like bath featuring a soaking tub and steam shower. The sky lounge is the showcase leisure room that leads to the expansive roof deck, a private outdoor oasis w/ endless views of the NYC skyline! A Must See!
Last Agent to Sell the Property
Prominent Properties Sotheby's International Realty-Alpine Listed on: 10/01/2024

Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $17,738
Lot Details
- River Front
Parking
- 2 Car Garage
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Schools
- E Van Gelder/G Wash Elementary School
- Leonia High School
Additional Features
- Finished Basement
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Bargain Sale Deed | $1,595,000 | First American Title Insurance | |
Bargain Sale Deed | $1,595,000 | First American Title Insurance | |
Trustee Deed | $1,395,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $505,000 | New Conventional | |
Closed | $505,000 | New Conventional | |
Previous Owner | $835,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $900,000 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/15/2025 01/15/25 | Sold | $1,595,000 | 0.0% | $475 / Sq Ft |
11/18/2024 11/18/24 | Pending | -- | -- | -- |
10/01/2024 10/01/24 | For Sale | $1,595,000 | -- | $475 / Sq Ft |
Tax History Compared to Growth
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 | $17,784 | $1,141,600 | $555,000 | $586,600 |
2023 | $17,738 | $1,113,600 | $540,000 | $573,600 |
2022 | $17,738 | $1,100,400 | $540,000 | $560,400 |
2021 | $22,530 | $1,000,000 | $550,000 | $450,000 |
2020 | $21,395 | $1,100,000 | $550,000 | $550,000 |
2019 | $20,856 | $1,100,000 | $550,000 | $550,000 |
2018 | $21,877 | $1,193,500 | $550,000 | $643,500 |
2017 | $21,483 | $1,193,500 | $550,000 | $643,500 |
2016 | $21,232 | $1,193,500 | $550,000 | $643,500 |
2015 | $20,946 | $1,193,500 | $550,000 | $643,500 |
2014 | $20,301 | $1,193,500 | $550,000 | $643,500 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Dennis McCormack
Prominent Properties Sotheby's International Realty-Alpine
(201) 320-8787
1 in this area
65 Total Sales
-
Y
Buyer's Agent in 2025
Yuliya Baksht
Proper Estates, Inc.
(347) 458-1147
14 in this area
100 Total Sales
-
Buyer Co-Listing Agent in 2025
Brian Kim
Proper Estates, Inc.
(201) 298-3558
40 in this area
585 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24031716

APN: 13-00013-0000-00001-0000-C0008
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