$1,220,000
$50K PRICE DROP

9 Somerset Ln Unit 118 Edgewater, NJ 07020

Estimated payment $8,768/month

Total Views 6,120
2 Beds
2 Baths
1,467 Sq Ft
$832 Price per Sq Ft

Highlights

  • Doorman
  • Rooftop Deck
  • Property is near a park
  • Fitness Center
  • River View
  • Wood Flooring

About This Home

This is a RARE, UNIQUE find! Explore the VIRTUAL TOUR! Differentiators: ~1,467 sqft with UNOBSTRUCTED waterfront view, large terrace, 2 assigned parking spots, 3 bus routes ( (158, 159R, 156R) to Port Authority, 10 minutes building shuttle to light rail and ferry. Welcome to The Pearl, Edgewater's prestigious luxury building. Spanning a generous 1,467 square feet approximately, this residence offers an expansive and bright living space, meticulously designed for ultimate comfort and elegance. Natural light floods the unit through floor-to-ceiling windows, perfectly framing your private, unobstructed panorama of the iconic Manhattan skyline. Adding to the allure is the remarkably large private balcony, an exceptional extension of your living area. The gourmet kitchen is a chef's dream, appointed with high-end Bosch appliances, sleek Caesarstone countertops, and custom cabinetry. Residents of The Pearl enjoy an unparalleled suite of amenities, including a fitness center, state-of-the-art outdoor pool, resident lounge, skyline rooftop, and 24/7 concierge service. Commuting is a breeze with The Pearl's convenient shuttle connection to the NY Waterway Ferry, offering an express 8-minute ride to Midtown Manhattan, along with easy access to three bus routes (158, 159R, 156R) to the Port Authority and Hudson Bergen Light Rail. Adding to the convenience, this unit comes complete with two assigned parking spots, a highly sought-after feature. Beyond The Pearl, Edgewater thrives as a vibrant and well-appointed community. Residents have easy access to an abundance of everyday conveniences and diverse shopping options. Grocery stores like Whole Foods Market, Trader Joe's, and Mitsuwa are just a short drive away. Furthermore, Edgewater's proximity to Fort Lee, just a few minutes' drive away, expands dining and shopping opportunities even further. Don't miss this extraordinary chance to own a piece of the coveted Edgewater waterfront, where luxury, unparalleled convenience, and an awe-inspiring view converge.

Listing Agent

Sharleen Yuan

ALPHA METRO REALTY CORP License #1968447 Listed on: 05/28/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,422

HOA Fees

  • $970 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Property Views

  • River
  • New York

Interior Spaces

  • 1,467 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Additional Features

  • Rooftop Deck
  • Central Air

Listing and Financial Details

  • Exclusions: Furniture, Wall Decorations, and Personal Items
  • Legal Lot and Block 1.14 / 99

Community Details

Overview

  • Association fees include water
  • First Service Residential Association, Phone Number (800) 870-0010
  • The Pearl Condos

Amenities

  • Doorman
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,422

Lot Details

0

HOA Fees

$970 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Multi-Level
  • Exclusions: Furniture, Wall Decorations, and Personal Items
  • Inclusions: Refrigerator, Oven Range, Dishwasher, Washer/Dryer
  • Lead Paint Form: Yes
  • Miscellaneous: New York View, River View, Near Train, Near Shopping, Near Bus, Near Parks, Near Schools
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 1
  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 2
  • Total Rooms: 4
  • Total Number Dining Rooms: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 2
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 2
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 1467
  • Price Per Sq Ft: 831.63

Garage/Parking

  • Parking Available: 2 Cars

Utilities

  • Heating/Cooling: A/C Central

Association/Amenities

  • Amenities Included: Hardwood Floor, PRIVATE ROOF TOP
  • Management Company: First Service Residential

Condo/Co-op/Association

  • Common Amenities: Community Room, Doorman, Elevator, Exercise Room, Pool, PRIVATE ROOF TOP
  • Complex Name: The Pearl
  • Maintenance Fee Includes: Water
  • Management Contact Info: 800-870-0010

Fee Information

  • Monthly Maintenance Fee: 970

Lot Info

  • Geo Address Line: 9 Somerset Ln
  • Geo Primary City: Edgewater
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/28/2025
  • Geo Zoom Level: 16
  • Lot: 1.14

Rental Info

  • Pets: Y

Tax Info

  • Year: 2024
  • Taxes: 14422

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,422 $964,200 $425,000 $539,200
2024 $14,145 $907,600 $380,000 $527,600
2023 $16,209 $885,700 $370,000 $515,700
2022 $16,209 $1,005,500 $400,000 $605,500
2021 $17,235 $765,000 $472,500 $292,500
2020 $17,853 $917,900 $472,500 $445,400
2019 $17,403 $917,900 $472,500 $445,400
2018 $16,825 $917,900 $472,500 $445,400
2017 $16,522 $917,900 $472,500 $445,400
2016 $16,329 $917,900 $472,500 $445,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $1,220,000 -3.9% $832 / Sq Ft
05/28/2025 05/28/25 For Sale $1,270,000 0.0% $866 / Sq Ft
03/26/2021 03/26/21 Rented $4,950 0.0% --
03/18/2021 03/18/21 For Rent $4,950 -- --
Source: Hudson County MLS

Purchase History

Date Type Sale Price Title Company
Deed $975,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,000 New Conventional
Source: Public Records

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Source: Hudson County MLS

MLS Number: 250010610

Hudson County MLS

APN: 13-00099-0000-00001-14-CB118