3 Somerset #518, Edgewater, NJ 07020
Listing Courtesy of Proper Estates, Inc.
$825000
Potential Rebate: $12,375
Overview
LUXURY WATERFRONT LIVING AT ITS BEST LOCATED IN THE HEART OF EDGEWATER. ELEGANT 1BD + DEN COVERS A GENEROUS 998 SQ FT PLUS A PRIVATE 225 SQ FT BALCONY WITH BREATHTAKING HUDSON RIVER & NYC VIEWS. THIS STUNNING SOUTHEAST-FACING UNIT IS FLOODED WITH NATURAL LIGHT! 10FT CEILINGS, FLOOR-TO-CEILING WINDOWS, OPEN CONCEPT. UNIT FEATURES A CHEF’S KITCHEN WITH CAESARSTONE COUNTERTOPS, PREMIUM SUB-ZERO & WOLD APPLIANCES, AND A SLEEK BACKSPLASH, SPACIOUS LIVING/DINING ROOM COMBO WITH DESIGNER PHILLIP JEFFRIES WALLPAPER. GREAT SIZE BEDROOM WITH A SPA-LIKE PRIMARY BATH WITH DEAP SOAKING TUB, GLASS SHOWER, DOUBLE VANITY. VERSATILE DEN IS A PERFECT SPACE FOR AN OFFICE, NURSERY OR GUEST ROOM. SMART HOME FEATURES: NEST THERMOSTAT &KEYLESS ENTRY. ONE PARKING & STORAGE UNIT INCLUDED. THE GLASS HOUSE IS A WHITE GLOVE DOORMAN BUILDING OFFERING AMENITIES SUCH AS AN OUTDOOR POOL, FITNESS CENTER, LOUNGE, ROOFTOP DECK WITH BBQ, PLAYROOM, ACCESS TO RIVERWALK PARK WITH PRIVATE PIER. IDEALLY LOCATED NEAR TRANSPORTATION, DINING, SHOPPING & ENTERTAINMENT. WON’T LAST!
Estimated Monthly Payment
$5,006 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$12,375
Monthly savings impact
$34/mo
Effective Purchase Price
$812,625
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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 RLS Data display by Real Estate Rebate Team LLC. 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.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of Proper Estates, Inc.
Data Source: NJMLS #25041056
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Listings
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 RLS Data display by Real Estate Rebate Team LLC. 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.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of Proper Estates, Inc.
Data Source: NJMLS #25041056
Price Analysis
Compare average listing prices and value metrics for 3 Somerset #518, Edgewater, NJ 07020 against the surrounding Edgewater Borough market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
18.76% Lower
than the Edgewater Borough price average
Units in this this home are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
