$1,027,000 - $1,469,000
RENTED NOV 23, 2024

9 Somerset Ln Unit 310 Edgewater, NJ 07020

2 Beds
2 Baths
1,465 Sq Ft
261 Sq Ft Lot

Highlights

  • Doorman
  • Community Pool
  • Forced Air Heating System
  • River View
  • En-Suite Primary Bedroom
  • Washer and Dryer

About This Home

As of November 2024

Experience luxury living at The Pearl, This immaculate sun-filled condo features hardwood floors throughout, floor-to-ceiling windows with gorgeous NYC views, custom built-in closets, electronic retractable blinds, laundry in unit and a chef's kitchen w/ top-of-the-line appliances: Wolf oven & range, Sub-Zero fridge, Bosch dishwasher and quartz countertops. All of this packaged into a full service amenity building complete with a doorman, fitness center, outdoor heated pool, expansive roof deck and more! 1 car garage parking included.

Last Agent to Rent the Property

Edward Verdel

Compass New Jersey, LLC-Hoboken Listed on: 09/11/2024

Compass New Jersey, LLC-Hoboken

Last Renter's Agent

Christopher Kim

Group Twenty Six, LLC

Group Twenty Six, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,984

Year Built

  • 2014

Lot Details

  • 261

Parking

  • 1 Car Garage

Property Views

  • River
  • City
  • Views to the East

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Amenities

  • Doorman

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,984

Year Built

2014

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: East, City, River, Sunrise, South
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Refrigerator, Water, Washer/Dryer
  • Reso Association Amenities: Common Area, Doorman, Elevator(s), Fitness Center, On Site Mgn, Pool Outdoor, Recycling
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: (201) 627-4947
  • MLS Status: Leased - Leased
  • Directions: River Rd to Somerset Ln
  • Reso Fireplace Features: None
  • Year Built Details: 2010's
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 2014

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Covered

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Hot Air

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2016
Sold by
Edgewater Lofts Llc
Bought by
First Place Llc
Current Estimated Value
$1,214,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.59%
Mortgage Type
New Conventional
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
First Place Llc $950,000 Arbor Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Place Llc $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2024 11/23/24 Rented $4,500 0.0% --
10/30/2024 10/30/24 Price Changed $4,500 -6.3% $3 / Sq Ft
10/28/2024 10/28/24 Price Changed $4,800 -4.0% $3 / Sq Ft
09/11/2024 09/11/24 For Rent $5,000 0.0% --
08/19/2024 08/19/24 Rented $5,000 -3.8% --
08/12/2024 08/12/24 Price Changed $5,200 -3.7% $4 / Sq Ft
06/28/2024 06/28/24 For Rent $5,400 +22.7% --
09/28/2016 09/28/16 Rented $4,400 -4.3% --
09/28/2016 09/28/16 Under Contract -- -- --
08/24/2016 08/24/16 For Rent $4,600 -- --
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 $15,984 $1,064,700 $425,000 $639,700
2024 $15,681 $1,005,900 $380,000 $625,900
2023 $16,033 $981,900 $370,000 $611,900
2022 $16,033 $994,600 $400,000 $594,600
2021 $18,587 $825,000 $450,000 $375,000
2020 $16,641 $855,600 $450,000 $405,600
2019 $16,222 $855,600 $450,000 $405,600
2018 $15,683 $855,600 $450,000 $405,600
2017 $15,401 $855,600 $450,000 $405,600
2016 $15,221 $855,600 $450,000 $405,600
2015 $15,016 $855,600 $450,000 $405,600
Source: Public Records

Agents Affiliated with this Home

  • Edward Verdel

    Landlord's Agent in 2024

    Edward Verdel

    Compass New Jersey, LLC-Hoboken

    (201) 679-7892

    135 Total Sales

    Edward Verdel
    Section Image

  • C

    Tenant's Agent in 2024

    Christopher Kim

    Group Twenty Six, LLC

    (201) 562-2031

    1 Total Sale

    Christopher Kim
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24029362

New Jersey MLS

APN: 13-00099-0000-00001-14-CA310

New Jersey Bergen County Edgewater 07020

9 Somerset Ln Unit 310, Edgewater, NJ

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