NOT LISTED FOR SALE

9 Somerset Ln Unit 101 Edgewater, NJ 07020

Estimated Value: $707,637 - $786,000

1 Bed
1 Bath
987 Sq Ft
436 Sq Ft Lot

Last Sold August 22, 2024

Last sale price $725,000 $735 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,658/month

52 Days on Market

About This Home

As of August 2024

Custom-designed loft-style 1-bedroom, 1-bathroom residence at The Pearl. 10-foot ceilings, 8-foot doors, and floor-to-ceiling windows,w/stunning direct Eastern views of NYC and the Hudson River. Take in the iconic NYC skyline from your expansive private patio. Open-concept living w/ beautiful wide plank blonde oak flooring. Chefs kitchen two-tone lacquer cabinets, Wolf s/s appliances, custom quartz countertops, and a chef's counter/breakfast bar with undermount lighting. The spa-like bathroom w/ Italian vanity and waterfall shower head. Additional highlights include central A/C, in-unit washer/dryer, and ample closet space, Garage Parking. The Pearl has 24/7 concierge, shuttle service to the ferry, a fitness center, outdoor pool, pier, and rooftop deck, dog park, and visitor parking. Commuting is a breeze with a NYC bus stop to Port Authority at the gates, NY Water way access.

Last Agent to Sell the Property

Amy DeAngelo

Coldwell Banker, Hoboken Listed on: 05/28/2024

Last Buyer's Agent

Amy DeAngelo

Coldwell Banker, Hoboken Listed on: 05/28/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,136

Lot Details

  • River Front

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,136

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 792-4300
  • MLS Status: Sold - Sold
  • Directions: Off of River Road
  • Year Built Details: 2000's,New Const-Existing Fdn
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: River Front
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2015
Sold by
Edgewater Lofts Llc
Bought by
Paolucci Theresa
Current Estimated Value
$740,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Outstanding Balance
$203,130
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$537,779
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
Paolucci Theresa $679,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paolucci Theresa $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $725,000 -3.2% $735 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $749,000 -- $759 / 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 $8,957 $605,500 $340,000 $265,500
2024 $8,782 $563,700 $304,000 $259,700
2023 $9,137 $549,900 $296,000 $253,900
2022 $9,137 $566,800 $320,000 $246,800
2021 $12,680 $562,800 $450,000 $112,800
2020 $10,946 $562,800 $450,000 $112,800
2019 $10,671 $562,800 $450,000 $112,800
2018 $10,316 $562,800 $450,000 $112,800
2017 $10,130 $562,800 $450,000 $112,800
2016 $10,012 $562,800 $450,000 $112,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24016516

New Jersey MLS

APN: 13-00099-0000-00001-14-CA101