$945,000
SOLD MAY 31, 2024 RENTED JUN 13, 2025

9 Somerset Ln Unit 418 Edgewater, NJ 07020

2 Beds
2 Baths
-- Sq Ft
-- Built

Recently Sold

18% Below List Price

159 Days on Market

About This Home

As of May 2024

Welcome to a 2 bedroom home at the most luxurious, loft-style boutique Pearl Condominium. This 2 bedroom 2 bathroom has unobstructed views of the NYC skyline. As you enter the unit, the NYC skyline is in your immediate view,. Ceiling height in part of the unit is 10 feet. The open-concept living rm & kitchen face the NYC skyline & Hudson River views.Many upgrades such as motorized shades & upgraded closets. Two spa like bathrooms, hot water on demand, stainless steel professional appliances & more. The developer expanded the primary closet in this unit.The pool is very inviting , the gym has upgraded equipment and a Peleton. There is a roof deck with bbq's & an all season Sky room. The Pearl is located in the new Edgewater Harbour surrounded by shops such as Home Goods & CVS, a pier for residents, Hudson River walkway & eateries. Includes shuttle to the Weehawken Ferry.

Last Agent to Sell the Property

Roi Klipper

Corcoran Infinity Properties, Ridgewood Listed on: 11/30/2023

Last Buyer's Agent

Raffi Khorozian

Smart Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,208

Lot Details

  • River Front

Bedrooms and Bathrooms

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,208

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 768-6868
  • MLS Status: Sold - Sold
  • Directions: River Rd to Somerset Lane
  • Year Built Details: 2010's,New Const-New Fdn
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: River Front
  • Disclosures: Seller's Agent, Seller Disclosure - No

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
May 23, 2024
Sold by
Kron Meredith and Lam William
Bought by
Seelal Sharlene
Seller's Agent
Roi Klipper
Corcoran Infinity Properties, Ridgewood
Buyer's Agent
Raffi Khorozian
Smart Realty, Inc.
List Price
$1,150,000
Sold Price
$945,000
Premium/Discount to List
-$205,000
-17.83%
Views
160
Current Estimated Value
$1,037,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,385
Avg. Annual Appreciation
7.81%
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 $945,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $580,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Rented -- -- --
05/26/2025 05/26/25 For Rent $6,000 0.0% --
05/31/2024 05/31/24 Sold $945,000 -3.1% --
05/07/2024 05/07/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $975,000 -7.1% --
01/21/2024 01/21/24 Price Changed $1,049,999 -8.7% --
11/30/2023 11/30/23 For Sale $1,150,000 -- --
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 $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 $17,461 $775,000 $472,500 $302,500
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

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23036329

New Jersey MLS

APN: 13-00099-0000-00001-14-CB418