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  3. 3 Somerset Lane 509 Edgewater NJ 07020

Condo For Sale in Edgewater, NJ
MORTGAGE
SCENARIO $7,656
/mo
 

Map

MLS# : 25004915

Street : 3 Somerset Lane 509
Price : $1,069,000
Town : Edgewater, NJ 07020
Annual Taxes : $14,145
Monthly Maintenance : $927

PROPERTY DETAILS

Bedrooms : 2
Full Baths : 2
Half Baths : 0
Garage : Gar Opener
Building Type : Mid-rise
Year Built : New Const-New Fdn
Building/Complex : Glass House
Pets? : Cats Allowed, Dogs Allowed, Pets Ok
Laundry : In Unit
View/Exp : East, NY View, River View, Sunrise

PROPERTY DESCRIPTION

This contemporary riverside home offers exceptional finishes and features, including a gourmet kitchen with BOSCH, WOLF, and SUBZERO appliances and Caesarstone countertops. Enjoy Mullican hardwood floors, an electric fireplace with custom porcelain tile, ceiling speakers, a NEST smart thermostat, and 10-ft ceilings. The luxurious California closets, rainforest shower, and soaking tub provide ultimate comfort, while the spacious IPE wood-decked terrace offers stunning views of the NYC skyline and Hudson River. Included are 2 parking spaces and 1 storage unit. Situated along the Hudson River, the Glasshouse community offers shopping convenience, a dog park, and a private shuttle bus to the ferry. This property is also an excellent opportunity for investors, with tenants in place, high occupancy rates, and impressive rental income potential.

Amenities

  • 24hr Sec
  • Common Area
  • Doorman
  • Elevator
  • Exercise Rm
  • Health Clb
  • Play Area
  • Pool Outdoor
Appliances Included :

Dishwasher, Microwave, Ov/Rg/Gas, Refrigerator, Washer/Dryer

Life Style :

Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp

This listing is a courtesy of Prominent Properties Sotheby's International Realty-Englewood Cliffs
201-585-8080 office, listing agent Jia Yan

About Edgewater, NJ Real Estate Market

The Borough of Edgewater is located only minutes from New York City. The commute is made very easy due to the ferry system and NJ Transit buses. Edgewater is located near three major airports, JFK, LaGuardia and Newark International Airport with easy access to highways and river crossings.

This vibrant town has many outstanding restaurants and chic shops. Edgewater has favorable real estate tax for homeowners.
Population:  13,978
Total Housing Units:  5,918
Single Family Homes:  1,338
Apartments:  4,918
General Tax Rate (2023):  1.597%
Effective Tax Rate (2023):  1.479%
Compare To Other Towns

Edgewater Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,100,616
Homes Sold* (12mo):  18
PRICE INDEX
SINGLE FAMILY HOME SALES

Edgewater, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $732,663
Apatments Sold* (12mo):  171
PRICE INDEX
APARTMENT SALES

Edgewater, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  1.597%
Effective Tax Rate (2023):  1.479%
GENRAL TAX RATE - Edgewater, NJ



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    MADISON ADAMSTM

    office: 201-760-1100
    84 E Ridgewood Ave, Suite 201
    Ridgewood, NJ 07450
    201-760-1100 (office)
    201-760-1102 (fax)

    Contact Info

    FOR APPOINTMENTS CONTACT


    Managing Partner
    Broker Associate
    646-279-8233 (cell)

    Madisom Adams Broker Associate Helena Lobo-Zagorski


    Licensed as Marek Zagorski
    Broker
    201-478-3185 (cell)

    Madisom Adams Broker Marek Zagorski


    Sales Associate
    201-982-0358 (cell)

    Madisom Adams Sales Associate Yuriy Zatuchny


    Real estate inventory
    Edgewater
    Homes : $889,000 - 3,495,000 10
    Condos : $232,888 - 2,850,000 31
    Co-ops : $1,350,000 - 3,200,000 3
    Twnhs : $999,999 - 3,349,000 8
    2-4 Fam : $1,700,000 - 1,750,000 2
    5+ Fam : -
    Land : $450,000 - 2,200,000 3
    Rentals : $1,600 - 8,950 53
    Mixd Use : -
    Com S : -
    Com L : -
    Biz : $35,000 - 130,000 2


    112 SEE ALL

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    More Listings in Edgewater

    The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
    NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 03/31/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”


    General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

    Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

    Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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    Madison AdamsTM

    84 E Ridgewood Ave, Suite 201
    Ridgewood, NJ 07450
    201 760-1100 (office)
    201 760-1102 (fax)
    office@madisonadams.com