Edgewater
3 Somerset Lane #307
27
Map
Listed by: Jill Biggs, [email protected], Coldwell Banker, Hoboken, 201-212-5026, Listing Courtesy of NJMLS
$774,000
●
Condo -
For Sale
3 Somerset Lane #307
Edgewater, NJ 07020
1 Bed
2 Baths
$5,382
Est. Monthly
$689
HOA / Fees
3.75%
Cap Rate
About This Property
Discover the pinnacle of luxury living at The Glass House, an
exclusive waterfront community designed for an exceptional
lifestyle. This stunning 1-bedroom plus den, 2-bathroom residence
offers 953 sq. ft. of thoughtfully designed indoor living space,
complemented by 225 sq. ft. of private outdoor space showcasing
breathtaking views of the Hudson River. Crafted for both style and
comfort, this home boasts expansive Marvin windows, soaring
loft-style ceilings, and a chef-inspired kitchen outfitted with
premium Subzero, Wolf, and Bosch appliances. The spa-like bathrooms
feature a deep soaking tub, Caesarstone countertops, and high-end
Kohler fixtures, providing a true retreat. Residents indulge in an
array of resort-style amenities, including a spectacular outdoor
swimming pool facing Manhattan, a sun deck with private cabanas,
and a rooftop terrace complete with BBQ fire pits. A cutting-edge
fitness center, media lounge, and childrena€™s playroom cater to
every lifestyle need, whil
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$892
HOA Dues
$689
Year Built
-
Listed By
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (NJMLS #25006665)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2025 | Listed by Coldwell Banker, Hoboken | $774,000 | |
| Listed by Coldwell Banker, Hoboken | |||
Property Highlights
Parking Available
Garage
Doorman
Elevator
Air Conditioning
Parking Details
Parking: Deeded Parking Incl
Interior Details
Bedrooms: 1
Bathrooms: 2
Fireplace: 0
Basement: 0
Exterior Details
View: NY View, River View
Property Features: Intercom, Pool, Security
Financial Details
Tax: $10,705
3 Somerset Lane #307, Edgewater, NJ, 07020
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
1
Bed
2
Baths
-
$770,000
Nov 3, 2023
$770,000
Jun 17, 2024
$1,623/mo
Sold
Condo
1
Bed
2
Baths
-
$730,000
Jul 6, 2023
$730,000
Aug 22, 2023
$1,642/mo
Condo
1
Bed
1
Bath
-
$711,000
Dec 22, 2023
$711,000
Dec 22, 2023
$608/mo
Condo
1
Bed
1
Bath
-
$690,000
Nov 14, 2023
$690,000
Apr 24, 2024
$608/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/01/2025
|
2 Bed
|
3 Bath
|
-
|
$2,150,000
2 Bed
3 Bath
|
$2,150,000
02/01/2025
|
-
|
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
12/02/2024
|
1 Bed
|
2 Bath
|
-
|
$820,000
1 Bed
2 Bath
|
$799,995
-2.44%
12/02/2024
|
-
|
Taylor C. Lucyk
Christie's International Real Estate Group-Paramus
| |
|
08/28/2024
|
2 Bed
|
2 Bath
|
-
|
$959,000
2 Bed
2 Bath
|
$930,000
-3.02%
11/27/2024
|
-
|
Michael B. Hern
Prominent Properties Sotheby's International Realty-Weehawken
| |
|
07/19/2024
|
3 Bed
|
3 Bath
|
-
|
$2,495,000
3 Bed
3 Bath
|
$2,300,000
-7.82%
09/24/2024
|
-
|
Casey Lerner
Prominent Properties Sotheby's International Realty-Tenafly
| |
|
07/02/2024
|
3 Bed
|
3 Bath
|
-
|
$2,195,000
3 Bed
3 Bath
|
$2,125,000
-3.19%
08/30/2024
|
-
|
Michael B. Hern
Prominent Properties Sotheby's International Realty-Weehawken
| |
|
04/15/2024
|
3 Bed
|
2 Bath
|
-
|
$1,240,000
3 Bed
2 Bath
|
$1,215,000
-2.02%
04/15/2024
|
-
|
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
04/08/2024
|
2 Bed
|
2 Bath
|
-
|
$1,250,000
2 Bed
2 Bath
|
$1,100,000
-12.00%
05/23/2024
|
-
|
Odalys Ibarra
Coldwell Banker, Clifton
| |
|
04/01/2024
|
3 Bed
|
3 Bath
|
-
|
$2,250,000
3 Bed
3 Bath
|
$2,075,000
-7.78%
11/01/2024
|
-
|
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
02/16/2024
|
2 Bed
|
2 Bath
|
-
|
$999,000
2 Bed
2 Bath
|
$995,000
-0.40%
02/16/2024
|
-
|
SUSAN MARYANSKI
KELLER WILLIAMS CITY LIFE REALTY
| |
|
01/25/2024
|
3 Bed
|
3 Bath
|
-
|
$2,475,000
3 Bed
3 Bath
|
$2,026,000
-18.14%
05/05/2024
|
-
|
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
01/23/2024
|
4 Bed
|
3 Bath
|
-
|
$3,680,000
4 Bed
3 Bath
|
$3,400,000
-7.61%
05/14/2024
|
-
|
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
12/12/2023
|
2 Bed
|
3 Bath
|
-
|
$1,650,000
2 Bed
3 Bath
|
$1,500,000
-9.09%
04/23/2024
|
-
|
Tatiana Wagnerova
Coldwell Banker Residential Brokerage
| |
|
11/03/2023
|
1 Bed
|
2 Bath
|
-
|
$800,000
1 Bed
2 Bath
|
$770,000
-3.75%
06/17/2024
|
-
|
Maggie Huang Raffaele
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
11/02/2023
|
1 Bed
|
2 Bath
|
-
|
$825,000
1 Bed
2 Bath
|
$795,000
-3.64%
11/02/2023
|
-
|
Maggie Huang Raffaele
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
07/06/2023
|
1 Bed
|
2 Bath
|
-
|
$749,018
1 Bed
2 Bath
|
$730,000
-2.54%
08/22/2023
|
-
|
Adam Bachner
Compass
| |
|
03/09/2023
|
2 Bed
|
2 Bath
|
-
|
$1,150,000
2 Bed
2 Bath
|
-
-
|
-
|
Maggie Huang Raffaele
Prominent Properties Sotheby's International Realty Englewood Cliffs
| |
|
04/24/2023
|
3 Bed
|
2 Bath
|
-
|
$999,500
3 Bed
2 Bath
|
$1,050,000
+5.05%
07/11/2023
|
Jessica Abergel
Prominent Properties Sotheby's International Realty-Tenafly
| ||
|
03/24/2023
|
3 Bed
|
3 Bath
|
-
|
$1,399,000
3 Bed
3 Bath
|
$1,350,000
-3.50%
10/31/2023
|
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| ||
|
03/09/2023
|
2 Bed
|
2 Bath
|
1299 ft²
|
$1,069,000
2 Bed
2 Bath
1299 ft²
|
-
-
|
-
|
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
03/09/2023
|
3 Bed
|
2 Bath
|
-
|
$1,299,000
3 Bed
2 Bath
|
-
-
|
-
|
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
08/18/2022
|
3 Bed
|
2 Bath
|
-
|
$1,250,000
3 Bed
2 Bath
|
$1,250,000
05/15/2023
|
-
|
Jia Yan
Prominent Properties Sotheby's International Realty-Englewood Cliffs
| |
|
02/02/2022
|
2 Bed
|
2 Bath
|
750 ft²
|
$850,000
2 Bed
2 Bath
750 ft²
|
-
-
|
-
|
ANDREW SANDERSON
KELLER WILLIAMS CITY LIFE REALTY
| |
|
09/07/2021
| |
2 Bed
|
2 Bath
|
1299 ft²
|
$948,000
2 Bed
2 Bath
1299 ft²
|
-
-
|
-
|
JORGE AVILES
PROMINENT PROPERTIES SIR
|
|
07/15/2021
|
3 Bed
|
3 Bath
|
1964 ft²
|
$1,900,000
3 Bed
3 Bath
1964 ft²
|
-
-
|
-
|
ANNETTE LEE
CHRISTIE'S INTERNATIONAL R.E. NORTH JERSEY, INC.
| |
|
04/22/2021
|
2 Bed
|
2 Bath
|
1101 ft²
|
$799,000
2 Bed
2 Bath
1101 ft²
|
$750,000
-6.13%
09/14/2021
|
SUSAN MARYANSKI
KELLER WILLIAMS CITY LIFE REALTY
| ||
|
04/06/2021
|
3 Bed
|
3 Bath
|
1895 ft²
|
$1,390,000
3 Bed
3 Bath
1895 ft²
|
-
-
|
-
|
-
| |
|
04/06/2021
|
2 Bed
|
3 Bath
|
1895 ft²
|
$1,780,000
2 Bed
3 Bath
1895 ft²
|
-
-
|
-
|
-
| |
|
04/06/2021
|
2 Bed
|
2 Bath
|
1497 ft²
|
$1,150,000
2 Bed
2 Bath
1497 ft²
|
-
-
|
-
|
-
| |
|
04/06/2021
|
2 Bed
|
2 Bath
|
1497 ft²
|
$995,000
2 Bed
2 Bath
1497 ft²
|
-
-
|
-
|
-
| |
|
04/06/2021
|
2 Bed
|
3 Bath
|
1895 ft²
|
$1,850,000
2 Bed
3 Bath
1895 ft²
|
-
-
|
-
|
-
| |
|
04/06/2021
|
3 Bed
|
3 Bath
|
1895 ft²
|
$1,700,000
3 Bed
3 Bath
1895 ft²
|
-
-
|
-
|
-
| |
|
04/06/2021
|
2 Bed
|
2 Bath
|
1497 ft²
|
$1,100,000
2 Bed
2 Bath
1497 ft²
|
-
-
|
-
|
-
| |
|
04/06/2021
|
3 Bed
|
3 Bath
|
1483 ft²
|
$1,199,000
3 Bed
3 Bath
1483 ft²
|
-
-
|
-
|
-
| |
|
10/08/2020
|
2 Bed
|
2 Bath
|
1497 ft²
|
$979,000
2 Bed
2 Bath
1497 ft²
|
$970,000
-0.92%
02/22/2021
|
SUSAN MARYANSKI
KELLER WILLIAMS CITY LIFE REALTY
| ||
|
08/26/2020
|
1 Bed
|
2 Bath
|
998 ft²
|
$675,000
1 Bed
2 Bath
998 ft²
|
$599,000
-11.26%
01/12/2021
|
RONNIE GLOMB
| ||
|
06/10/2020
|
2 Bed
|
2 Bath
|
1299 ft²
|
$939,000
2 Bed
2 Bath
1299 ft²
|
-
-
|
-
|
SUSAN MARYANSKI
KELLER WILLIAMS CITY LIFE REALTY
| |
|
01/21/2020
|
2 Bed
|
2 Bath
|
1299 ft²
|
$1,075,000
2 Bed
2 Bath
1299 ft²
|
-
-
|
-
|
JORGE AVILES
PROMINENT PROPERTIES SIR
| |
|
11/20/2019
|
2 Bed
|
2 Bath
|
1300 ft²
|
$1,088,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
-
|
INGRID HART
PROMINENT PROPERTIES SIR
| |
|
03/13/2019
|
2 Bed
|
2 Bath
|
-
|
$1,099,000
2 Bed
2 Bath
|
-
-
|
-
|
-
| |
|
03/06/2019
|
3 Bed
|
3 Bath
|
1964 ft²
|
$2,000,000
3 Bed
3 Bath
1964 ft²
|
-
-
|
-
|
Marilyn Karpoff
EVELYN G RAFTER & ASSOCIATES LLC
| |
|
03/05/2019
|
2 Bed
|
2 Bath
|
-
|
$4,500
2 Bed
2 Bath
|
-
-
|
-
|
Erlinda Racal
Keller Williams - Tenafly
|
Building Info
About Edgewater
Similar Homes for Sale
Nearby Rentals
Listed by: Jill Biggs
Coldwell Banker, Hoboken
Last Updated: 2 months ago
Data Source: NJMLS , MLS# 25006665
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 RHP Realty NJ, Inc. 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.
Coldwell Banker, Hoboken
Last Updated: 2 months ago
Data Source: NJMLS , MLS# 25006665
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
