NOT LISTED FOR SALE

9 Somerset Ln Unit 408 Edgewater, NJ 07020

Estimated Value: $1,316,971 - $1,481,000

1 Bed
1 Bath
947 Sq Ft
$1,059/mo HOA Fee

Last Sold December 02, 2022

Last sale price $697,000 $736 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $9,795/month

54 Days on Market

Highlights

  • Doorman
  • River View
  • Property is near a park
  • Fitness Center
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of December 2022

Gorgeous, oversized, loft style 1 bed/1 bath home with jaw dropping PANORAMIC eastern views of NYC, the Hudson River, and beyond at the incomparable Pearl! This meticulously maintained home will impress the most discerning buyer. Upon entering this stunner, you're immediately taken in by the 10ft ceilings and 8ft doors giving the home a completely open and airy feel. Gleaming natural hardwood floors lead directly into the oversized grand room. This open concept living, dining, and kitchen area is bathed in brilliant light through floor to ceiling oversized glass windows showcasing first class views of some of the worlds most recognizable structures. The chef's kitchen would inspire any culinary gourmet, with a suite of the finest Wolf s/s appliances, including gas range, professional hood, quartz countertops, and chef's counter/breakfast bar. Your spa-like bathroom awaits at the end of the day with only the best imported tile work, frameless glass shower with multiple jets and rain head, and quartz vanity. Abundant closet space, thoughtfully designed home office area, and architectural lighting included. Parking is a breeze with your own private space with DIRECT access from your floor......ingenious! Need even more storage? No worries as an included, secure, storage locker is also located on your floor. The amenity laden Pearl is like coming home to your very own 5-star resort daily, with waterfront olympic sized pool, fully equipped gym with only the best equipment, roof top terrace with bbq grills and outdoor seating/dining, and 24 hr. concierge and security. The waterfront promenade lets you wander for miles and NY Waterway right is down the street. An amazing opportunity awaits!

Last Agent to Sell the Property

Marcus Pinto

COMPASS NEW JERSEY, LLC License #1649438 Listed on: 08/24/2022

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Jill Biggs

COLDWELL BANKER REALTY License #0568727

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,459

Lot Details

  • 348

HOA Fees

  • $1,059 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • River
  • New York

Home Design

  • Contemporary Architecture
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 947 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: FURNITURE AND PERSONAL EFFECTS
  • Legal Lot and Block 00001 14 / 00099
  • Assessor Parcel Number 4618

Community Details

Overview

  • Association fees include water, parking
  • The Pearl Condos

Amenities

  • Doorman
  • Recreation Room
  • Elevator

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,459

Lot Details

0

HOA Fees

$1,059 per month

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary, Multi-Level, Loft
  • Exclusions: FURNITURE AND PERSONAL EFFECTS
  • Inclusions: FIXTURES AND APPLIANCES
  • Miscellaneous: New York View, River View, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 4618
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Bedrooms: 1
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 1
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 1
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 947

Exterior Features

  • Exterior Finish: Stone, Stucco

Garage/Parking

  • Parking Available: 1 Car, Attached, Covered, Garage

Utilities

  • Heating/Cooling: A/C Central, Gas

Association/Amenities

  • Amenities Included: Intercom, Hardwood Floor

Condo/Co-op/Association

  • Common Amenities: Community Room, Doorman, Elevator, Exercise Room, Play Area, Pool, Security, Storage, Shared Backyard, PUBLIC ROOF TOP
  • Complex Name: THE PEARL
  • Maintenance Fee Includes: Water, Parking

Fee Information

  • Monthly Maintenance Fee: 1059

Lot Info

  • Geo Address Line: 9 Somerset Ln
  • Geo Matched Method: 1
  • Geo Primary City: Edgewater
  • Geo Quality: 0.95
  • Lot: 00001 14

Rental Info

  • Pets: Y

Tax Info

  • Year: 2021
  • Taxes: 13459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Shai Property Group Llc
Bought by
Lee Young Hyuck and Lee Il R
Current Estimated Value
$1,400,493

Purchase Details

Closed on
Jan 4, 2019
Sold by
Yon Theresa
Bought by
Shekinah Property Group

Purchase Details

Closed on
May 30, 2017
Sold by
Edgewater Lofts Llc
Bought by
Yon Theresa
Source: Public Records

Range of Values:

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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
Lee Young Hyuck $1,390,000 Fidelity National Title
Lee Young Hyuck $1,390,000 Fidelity National Title
Shekinah Property Group -- --
Yon Theresa $1,275,000 American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2022 12/02/22 Sold $697,000 0.0% $736 / Sq Ft
12/02/2022 12/02/22 Sold $697,000 0.0% $736 / Sq Ft View Prior Sale
10/17/2022 10/17/22 Pending -- -- --
10/17/2022 10/17/22 Pending -- -- --
10/04/2022 10/04/22 Off Market $697,000 -- --
08/24/2022 08/24/22 For Sale $699,000 0.0% $738 / Sq Ft
08/24/2022 08/24/22 For Sale $699,000 0.0% $738 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $699,000 0.0% $738 / Sq Ft
05/04/2015 05/04/15 Rented $2,700 0.0% --
05/01/2015 05/01/15 Under Contract -- -- --
04/20/2015 04/20/15 For Rent $2,700 -- --
Source: Hudson County 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 $16,870 $1,121,800 $425,000 $696,800
2024 $16,553 $1,061,700 $380,000 $681,700
2023 $16,539 $1,036,500 $370,000 $666,500
2022 $16,539 $1,026,000 $400,000 $626,000
2021 $21,886 $971,400 $472,500 $498,900
2020 $18,894 $971,400 $472,500 $498,900
2019 $18,418 $971,400 $472,500 $498,900
2018 $17,806 $971,400 $472,500 $498,900
2017 $17,485 $971,400 $472,500 $498,900
2016 $17,281 $971,400 $472,500 $498,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220015362

Hudson County MLS

APN: 13-00099-0000-00001-14-CB620