$725,000
SOLD AUG 22, 2024

9 Somerset Ln Unit 101 Edgewater, NJ 07020

1 Bed
1 Bath
987 Sq Ft
436 Sq Ft Lot

Recently Sold

$735 Per Sq Ft

3% Below List Price

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

PRIME Real Estate Group Listed on: 05/28/2024

PRIME Real Estate Group

Last Buyer's Agent

Amy DeAngelo

PRIME Real Estate Group Listed on: 05/28/2024

PRIME Real Estate Group

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

Listed on
May 28, 2024
Closed on
Aug 13, 2024
Sold by
Paolucci Theresa
Bought by
Kirichenko Ostap and Tenisheva Marianna
Seller's Agent
Amy DeAngelo
PRIME Real Estate Group
Buyer's Agent
Amy DeAngelo
PRIME Real Estate Group
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Total Days on Market
52
Views
36
Current Estimated Value
$737,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,915
Avg. Annual Appreciation
2.12%
Original Mortgage
$625,000
Outstanding Balance
$620,592
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$117,323

Purchase Details

Closed on
Oct 6, 2015
Sold by
Edgewater Lofts Llc
Bought by
Paolucci Theresa

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
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $725,000 None Listed On Document
Deed $679,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $625,000 New Conventional
Previous Owner $258,000 New Conventional
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
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