NOT LISTED FOR SALE

9 Somerset Ln Unit 517 Edgewater, NJ 07020

Estimated Value: $1,047,000 - $1,397,000

3 Beds
2 Baths
-- Sq Ft
218 Sq Ft Lot

Last Sold August 04, 2023

Last sale price $1,150,000

Est. 2% increase in value since last sale

Current estimated payment $7,665/month

262 Days on Market

About This Home

As of August 2023

The view doesn't get much better than this! Spacious 3br 2bth with outdoor balcony directly views the Hudson River and the NYC skyline from its floor-to-ceiling windows. Luxury finishes throughout include hardwood flooring, 10ft ceilings, and a large stall shower & soaking tub in the bathroom. The spacious kitchen has a large island with Caeser stone countertops and Bosch appliances. Laundry in unit, 2parking space included. Amenities at The Pearl include A fitness center, Outdoor outdoor pool, Rooftop deck.Residents lounge.Elegant restaurants, shops, and riverside parks all steps from your home.

Last Listed By

Jia Yan

Prominent Properties Sotheby's International Realty-Englewood Cliffs Listed on: 08/26/2022

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,060

Year Built

  • 2015

Lot Details

  • River Front

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

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

Schools

  • E Van Gelder/G Wash Elementary School
  • Leonia High School

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,060

Year Built

2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 585-8080
  • MLS Status: Sold - Sold
  • Directions: off River Rd
  • Year Built Details: 2010's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 2015

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Schools

  • Elementary School: E Van Gelder/G Wash
  • High School: Leonia H.S.
  • Elementary: E Van Gelder/G Wash

Lot Info

  • Lot: 00001

MLS Schools

  • High School Text: Leonia H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Jul 25, 2023
Sold by
Credit Union 1 Muhan & Xiyu
Bought by
Rockland Management Enterprises Inc
Seller's Agent
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
Buyer's Agent
Brian Kim
Proper Estates, Inc.
List Price
$1,330,000
Sold Price
$1,150,000
Premium/Discount to List
-$180,000
-13.53%
Total Days on Market
262
Views
243
Current Estimated Value
$1,171,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,979
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Mar 31, 2016
Sold by
Edgewater Lofts Llc
Bought by
Cui Muhan and Xia Xiyu

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
Rockland Management Enterprises Inc $1,150,000 Real Safe Title
Cui Muhan $1,095,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cui Muhan $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $1,150,000 -8.0% --
05/15/2023 05/15/23 Pending -- -- --
11/02/2022 11/02/22 Price Changed $1,250,000 -6.0% --
08/26/2022 08/26/22 For Sale $1,330,000 0.0% --
05/03/2021 05/03/21 Rented $5,500 0.0% --
05/03/2021 05/03/21 Rented $5,500 -1.8% --
04/23/2021 04/23/21 For Rent $5,600 0.0% --
03/25/2021 03/25/21 For Rent $5,600 -- --
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
2024 $14,020 $899,600 $380,000 $519,600
2023 $16,060 $877,900 $370,000 $507,900
2022 $16,060 $996,300 $400,000 $596,300
2021 $17,930 $945,700 $472,500 $473,200
2020 $18,394 $945,700 $472,500 $473,200
2019 $17,930 $945,700 $472,500 $473,200
2018 $17,335 $945,700 $472,500 $473,200
2017 $17,023 $945,700 $472,500 $473,200
2016 $16,824 $945,700 $472,500 $473,200
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 22031845

New Jersey MLS

APN: 13-00099-0000-00001-14-CB517