See Home Value
Burlington 08010
445 COTTAGE AVENUE
$1,600,000
● House - Off Market

445 COTTAGE AVENUE

EDGEWATER PARK, NJ 08010
bedrooms
7 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
7,012 Ft²
$10,653
Est. Monthly
7.84%
Cap Rate

About This Property

Welcome to 445 Cottage Avenue, also known as Towerview, a remarkable waterfront estate steeped in rich history and timeless elegance, situated along the Delaware River in Edgewater Park, NJ. This extraordinary property traces its origins back to the early 1700s when it began as a modest one-room farmhouse. Over the centuries, it has evolved into a grand residence featuring 7 bedrooms and 6.5 bathrooms, offering a unique blend of historical significance and modern luxury.

For the first time, this exquisite home is available on the open market, having always been sold privately in the past. The estate's storied past includes ownership by Elias Boudinot, a prominent figure who served as President of the Continental Congress and was appointed by George Washington as Director of the United States Mint. In the mid-1800s, the property was transformed by a wealthy Philadelphian, who expanded the home in the Italianate style and added a striking four-story tower.

In 1898, the residence underwent extensive renovations, adding a third floor, a grand staircase, and a stunning stained glass Palladium window, while embracing a Victorian neo-Colonial exterior. The original farmhouse became the servants' quarters, and the estate was further enhanced with a porte-cochere, a two-car garage, and a large pier with riparian rights.

Modern amenities include a pool, tennis court, and lush landscaping, complemented by a historic Fairmount Park guard house. The tennis court offers the opportunity to be transformed into a pickleball court. Over the past 40 years, this estate has hosted U.S. Senators, Governors, and celebrities, serving as a venue for charitable and political events.

This home is a dream for those who love water sports, with water access that has even accommodated private pickups by the "Spirit of Philadelphia" yacht. The home has also hosted weddings, with stunning sunsets providing a picturesque backdrop. Gardeners will find joy in the expansive grounds, which once nurtured wild raspberries. The beautifully updated kitchen features a charming tin ceiling, and many architectural details are thoughtfully repeated throughout the home. An elevator ensures ease of access across the first and second levels, making the home both luxurious and practical. A new hot water heater and boiler were also just installed in 2025.

Conveniently located, it offers easy access to Princeton, South Jersey, and Philadelphia. Discover the charm and grandeur of 445 Cottage Avenue, where history meets luxury in a truly exceptional setting, and become the next steward to carry on the home's legacy.
Unit Size
7,012 Ft²
Days on Market
34 days
Land Size
3.15 acres
Price per sqft
$250
Property Type
House
Property Taxes
$2,060
HOA Dues
-
Year Built
1900

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #NJBL2078018)

Price History

Date / Event Date Event Price
Jun 11, 2025 Sold
Sold
May 10, 2025 In contract -
In contract
Jan 9, 2025 Listed $1,750,000
Listed
Welcome to 445 Cottage Avenue, also known as Towerview, a remarkable waterfront estate steeped in rich history and timeless elegance, situated along the Delaware River in Edgewater Park, NJ. This extraordinary property traces its origins back to the early 1700s when it began as a modest one-room farmhouse. Over the centuries, it has evolved into a grand residence featuring 7 bedrooms and 6.5 bathrooms, offering a unique blend of historical significance and modern luxury. For the first time, this exquisite home is available on the open market, having always been sold privately in the past. The estate's storied past includes ownership by Elias Boudinot, a prominent figure who served as President of the Continental Congress and was appointed by George Washington as Director of the United States Mint. In the mid-1800s, the property was transformed by a wealthy Philadelphian, who expanded the home in the Italianate style and added a striking four-story tower. In 1898, the residence underwent extensive renovations, adding a third floor, a grand staircase, and a stunning stained glass Palladium window, while embracing a Victorian neo-Colonial exterior. The original farmhouse became the servants' quarters, and the estate was further enhanced with a porte-cochere, a two-car garage, and a large pier with riparian rights. Modern amenities include a pool, tennis court, and lush landscaping, complemented by a historic Fairmount Park guard house. The tennis court offers the opportunity to be transformed into a pickleball court. Over the past 40 years, this estate has hosted U.S. Senators, Governors, and celebrities, serving as a venue for charitable and political events. This home is a dream for those who love water sports, with water access that has even accommodated private pickups by the "Spirit of Philadelphia" yacht. The home has also hosted weddings, with stunning sunsets providing a picturesque backdrop. Gardeners will find joy in the expansive grounds, which once nurtured wild raspberries. The beautifully updated kitchen features a charming tin ceiling, and many architectural details are thoughtfully repeated throughout the home. An elevator ensures ease of access across the first and second levels, making the home both luxurious and practical. A new hot water heater and boiler were also just installed in 2025. Conveniently located, it offers easy access to Princeton, South Jersey, and Philadelphia. Discover the charm and grandeur of 445 Cottage Avenue, where history meets luxury in a truly exceptional setting, and become the next steward to carry on the home's legacy.

Property Highlights

Elevator
Garage
With View

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 11
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 137,214
  • Total Building Area: 6,516
  • Building Area: 6,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 6,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003150
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 11.01

Neighborhood

  • School District Name: Edgewater Park Township School District
  • Census Tract: 701002

Geography

  • Assessors Map Reference: TAX MAP 17
  • District: 12
  • Parcel: 12 01701-0000-00011
  • Block: 1701
  • Lot: 11
  • Municipality: EDGEWATER PARK TWP
  • Latitude: 40.0701
  • Longitude: -74.8993

    Address

  • Full Address: 445 Cottage Ave
  • Address - House Number: 445
  • Address - Street Name: Cottage
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Beverly
  • Carrier Code: C006
  • 4-Digit Zip Code: 1412
  • Zip Code: 08010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,439,515

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 83
  • Final Value: 939,179
  • High Value: 1,073,259
  • Low Value: 805,099

    Market Valuation

  • Market Total Value: $713,100
  • Market Land Value: $319,800
  • Market Improvement Value: $393,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $713,100
  • Assessed Land Value: $319,800
  • Assessed Improvements Value: $393,300

    Sales

  • Current Sale Contract Date: Jun 23, 1982
  • Current Sale Recording Date: Jun 23, 1982
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burlington


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 445 Cottage Avenue built and last sold?
The property at 445 Cottage Avenue was built in 1900 and last sold on Jun 23, 1982 for $225,000.
How much is this home worth?
The estimated value of the home located at 445 Cottage Avenue is $0.
What are some comparable homes to 445 Cottage Avenue?
There are currently no comparable homes to 445 Cottage Avenue.