Check Availability

316 The Promenade

316 The Promenade, Edgewater, NJ 07020
Property in Bergen
Sold Feb 18, 2022
$640,000
Buyer
$416,000 by Cathay Bank
Mortgage Due Jan 01, 2037
Sold Jul 27, 2016
$645,000
$516,000 by Boiling Spring Svgs Bank
Mortgage Due Aug 01, 2046
316 The Promenade in Edgewater, NJ was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 316 The Promenade has 1,751 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 691 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 316 The Promenade sold most recently in Nov 29, 2021 for a total of $640,000. If you work out the math, that's approximately a cost of $365.51 per sqft. Before that, the property was also sold for $645,000 in May 10, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,402 in taxes each year. 316 The Promenade was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $648,600. If we break it down further, the land itself was valued at $207,500. Improvements to the property, however, were assessed at a total of $441,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 691
  • Total Building Area: 1,751
  • Building Area: 1,751
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,751
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE PROMENADE CONDOMINIUM
  • Land Acres: 0.015
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : JIANG WEI
  • Previous Owner : NATASHA SABHANI
  • Owner Before Previous Owner: GOLDSTEIN MARK
  • Owner Before Previous Owner 2: SILVERMAN DANA MICHELE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Edgewater Borough School District
  • Census Tract: 013003

Geography

  • District: 13
  • Parcel: 13 00091-0000-00003-0000-C0316
  • Block: 91
  • Lot: 3
  • Municipality: EDGEWATER BORO
  • Latitude: 40.8059
  • Longitude: -73.9876

    Address

  • Full Address: 316 The Promenade
  • Address - House Number: 316
  • Address - Street Name: The Promenade
  • State: NJ
  • City Name: Edgewater
  • Carrier Code: C003
  • 4-Digit Zip Code: 2109
  • Zip Code: 07020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,402

    Appraisal Valuation

  • Standard Deviation: 0.1867
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 719,181
  • High Value: 853,519
  • Low Value: 584,843

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $832,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Feb 18, 2022
  • First Open Lien Mortgage Loan Amount: $416,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037
  • Second Open Lien Mortgage Lender: CATHAY BANK
  • Second Open Lien Mortgage Recording Date: Feb 18, 2022
  • Second Open Lien Mortgage Loan Amount: $416,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $648,600
  • Market Land Value: $207,500
  • Market Improvement Value: $441,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $648,600
  • Assessed Land Value: $207,500
  • Assessed Improvements Value: $441,100

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Transaction ID: 11885826817
  • Current Sale Price: $640,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 22401
  • Previous Sale Recording Date: Jul 27, 2016
  • Previous Sale Contract Date: May 10, 2016
  • Previous Sale Amount: $645,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Feb 18, 2022
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: BOILING SPRING SVGS BANK
  • Previous Mortgage Transaction Date: Jul 27, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $516,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About Edgewater



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 208 West 83rd Street, New York, NY 10024

$5,995 /mo

  • 2 Beds
  • 2 Baths
  • 1,140 ft²
208 West 83rd Street #APT 3, New York, NY 10024 Listing by Lauren Johnson
Unit for rent at 320 Adolphus Ave, Cliffside Park, NJ, 07010

$5,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,427 ft²
320 Adolphus Ave, Cliffside Park, NJ, 07010 Listing by STEPHEN BRACONI
Unit for rent at 114 West 86th Street, New York, NY 10024

$5,995 /mo

  • 2 Beds
  • 2 Baths
114 West 86th Street ##14A, New York, NY 10024 Listing by Garrett Lawson
Unit for rent at 775 Columbus Ave, New York, NY, 10025

$5,800 /mo

  • 1 Bed
  • 1 Bath
775 Columbus Ave #7B, New York, NY, 10025 Listing by Real NY Furnished Properties
Unit for rent at 295 Central Park West, NEW YORK, NY, 10024

$5,800 /mo

  • 1 Bed
  • 1 Bath
  • 758 ft²
295 Central Park West #9E, NEW YORK, NY, 10024 Listing by Welinton Vargas
Unit for rent at 730 Columbus Ave., Manhattan, NY, 10025

$5,912 /mo

  • 2 Beds
  • 2 Baths
  • 1,093 ft²
730 Columbus Ave. #2 Bedrooms D, Manhattan, NY, 10025 Listing by Equity Residential
Unit for rent at 227 West 77th Street, NEW YORK, NY, 10024

$5,750 /mo

  • 1 Bed
  • 1 Bath
227 West 77th Street #17D, NEW YORK, NY, 10024 Listing by Brian Mark

Frequently Asked Questions

What neighborhood is 316 The Promenade located in?
The 316 The Promenade is a located in the neighborhood of Bergen in Edgewater, Edgewater.
What is the average sales price for listings in 316 The Promenade?
The average sales price for units in 316 The Promenade is $0 currently.

Quantcast