2-4 Family Home For Sale in Edgewater, NJ
 

MLS# : 24029961

Street : 25 Russell Avenue
Price : $1,999,999
Town : Edgewater, NJ 07020
Annual Taxes : $10,239

PROPERTY DETAILS

# of Rooms : 17
Bedrooms : 8
Full Baths : 3
Half Baths : 0
Basement : None
Garage : Park Space
Year Built : 1900-1939, Renovated
Lot Size : Regular
Style : 3 Family
Exterior Finish : Brick, Mason/stucco
Heat/Cool : Electric, Multi-Zone

PROPERTY DESCRIPTION

CALL JOHN FREITAG 201-694-4971 WELCOME TO 25 RUSSELL AVE, A FULLY RENOVATED 3-FAMILY BROWNSTONE-STYLE BUILDING OFFERING MODERN LUXURY AND OUTSTANDING INCOME POTENTIAL. EACH UNIT FEATURES BRAND-NEW ELECTRICAL, PLUMBING, HVAC, HARDWOOD FLOORS, KITCHENS, AND BATHROOMS WITH SLEEK LED LIGHTING THROUGHOUT THE EXTERIOR AND INTERIOR. THE FIRST FLOOR IS A SPACIOUS 2-BEDROOM, 1-BATHROOM UNIT, WHILE THE SECOND AND THIRD FLOORS EACH OFFER 3 BEDROOMS AND 1 BATHROOM. ALL UNITS ARE APPROXIMATELY 1,100 SQ. FT. WITH 4 DEEDED PARKING SPACES, LOW TAXES, AND SEPARATE UTILITIES FOR EACH UNIT, THIS PROPERTY IS PERFECT FOR INVESTORS OR OWNER-OCCUPIERS. MINUTES FROM SCHOOLS, SHOPPING, AND NYC TRANSPORTATION. THERE'S ALSO POTENTIAL FOR EXTRA INCOME BY LEASING SPACE FOR A CELL SERVICE ANTENNA OR CONVERTING THE UNITS TO CONDOS (SUBJECT TO TOWN APPROVAL). DON'T MISS OUT ON THIS RARE INVESTMENT OPPORTUNITY, SCHEDULE YOUR SHOWING TODAY!

Amenities

Life Style :

Access Features, Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living

This listing is a courtesy of Keller Williams City Views Realty
(201) 592-8900 office, listing agent John Freitag III

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


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):  $1,017,305
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):  $661,349
Apatments Sold* (12mo):  164
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



Similar 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: 11/23/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 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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