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Sold for $790,000
  • $790,000

    3 Somerset Ln Unit 505, Edgewater, NJ 07020

    1beds
    --sqft
    Condominium
    Built in ----
    -- sqft lot
    $869,800 Zestimate®
    $--/sqft
    $4,374 Estimated rent

    Home value

    $869,800

    $783,000 - $965,000

    $4,374/mo

    Zestimate® history
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    What's special

    Spacious 1Br+ Den boasts a generous 998SQFT of indoor space and 227SQFT outdoor area. Large Marvin windows, broad balconies, and 10ft ceiling. The gourmet kitchen is a chef's dream, featuring stainless steel appliances from renowned brands like Subzero, Wolf, and Bosch. Luxuriate in spa-inspired bathrooms equipped with Smart Home functionalities, Caesarstone countertops, and top-notch Kohler fixtures. Huge custom center island is a beautiful addition to the space. Residents can enjoy various upscale amenities: a courtyard with breathtaking views of Manhattan, an outdoor pool, a rooftop deck with a panoramic view of Manhattan, Gym, a dedicated children's playroom. Access to scenic Riverwalk Park with its private pier. Concierge services, private ferry shuttle service available for utmost convenience. Not to mention the proximity to delightful restaurants and a supermarket. Parking space included.

    Zillow last checked:

    Listing updated:

    Listed by:

    Taylor Lucyk (201)360-1292,

    Christie's International Real Estate Group-Paramus

    Bought with:

    Stephen Braconi

    Christie's International Real Estate Group-Franklin Lakes

    Source: NJMLS,MLS#: 24037873MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Cooling
    • Has cooling: Yes
    Features
    • Elevator, One Floor Living
    • Basement: Storage

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Terrace
    • On waterfront: Yes
    • Waterfront features: River Front
    Details
    • Parcel number: 130009900000000115C0505

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium

    Community & HOA

    Community
    • Features: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, 24hr Sec, Common Area, Elevator, Exercise Rm, Health Clb, Pool Outdoor
    • Security: Security, 24 Hour Security
    HOA
    • HOA fee: $710 monthly
    Location
    • Region: Edgewater

    Financial & listing details

    • Tax assessed value: $724,400
    • Annual tax amount: $11,511
    • Date on market: 12/2/2024
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Private

    Price history

    DateEventPrice
    8/14/2025Listing removed$4,100
    Source: HCMLS #250004884 Report a problem
    7/22/2025Price change$4,100-8.9%
    Source: HCMLS #250004884 Report a problem
    6/24/2025Price change$4,500-9.1%
    Source: HCMLS #250004884 Report a problem
    6/3/2025Price change$4,950-4.8%
    Source: HCMLS #250004884 Report a problem
    5/20/2025Price change$5,200-5.5%
    Source: HCMLS #250004884 Report a problem
    3/14/2025Listed for rent$5,500
    Source: HCMLS #250004884 Report a problem
    2/28/2025Sold$790,000-1.2%
    Source: NJMLS #24037873 Report a problem
    1/31/2025Pending sale$799,995
    Source: NJMLS #24037873 Report a problem
    1/2/2025Price change$799,995-2.4%
    Source: NJMLS #24037873 Report a problem
    12/2/2024Listed for sale$820,000+12.3%
    Source: NJMLS #24037873 Report a problem
    5/14/2019Sold$730,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,511 +3.2%$724,400 +3.2%
    2024$11,155 +2%$702,000 +2.5%
    2023$10,933 -3.6%$684,600 -2.7%
    2022$11,344 -5.4%$703,700 +32.3%
    2021$11,986 +18.8%$532,000
    2020$10,087 +65.7%$532,000
    2019$6,086 $532,000 +60.2%
    2018$6,086 $332,000
    Find assessor info on the county website

    Neighborhood: 07020

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $869,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $869,800