3 Somerset Ln #501, Edgewater, NJ, 07020
About This Home
Come experience luxury waterfront living in this spacious 2-bedroom, 2-bath residence featuring two garage parking spaces, an expansive private terrace of approximately 200 square feet, and stunning east-facing views of the Hudson River and Manhattan skyline. Offering one of the largest two-bedroom floor plans currently available, this home combines generous living space with high-end finishes throughout. The residence features oversized Marvin windows that flood the home with natural light, soaring 10-foot ceilings, a chef’s kitchen with Sub-Zero, Wolf, and Bosch stainless steel appliances, Caesarstone countertops, premium Kohler fixtures, spa-inspired bathrooms, Smart Home technology, and a seamless indoor-outdoor living experience. Residents enjoy an exceptional collection of amenities, including a Manhattan-facing outdoor pool, landscaped courtyard, rooftop deck, fitness center, media room, children’s playroom, resident lounges with fireplaces, library, private dog park, and 24-hour concierge services. Riverwalk also offers a private pier, ferry shuttle, convenient NYC bus access, and is just moments from restaurants, shopping, and the neighborhood supermarket. Two garage parking spaces are included.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Materials
- Construction materials: Brick
Type & Style
- Home type: Condo
- Architectural style: Multi Level
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator,Washer/Dryer,Gas Oven
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Terrace,1 Other Room
- Flooring: Hardwood
Heating & Cooling
- Heating features: Central,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,101
- Total interior livable area: 1,101 sqft
Property
Details
- Parcel number: 130009900000000115C0501
Parking
- Parking features: 2 Cars,Garage
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Coastal Flooding
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,475 | $53,700 |
| Home Insurance * | $75 | $900 |
| Property Taxes | $1,148 | $13,776 |
| Electricity | $193 | $2,318 |
| Total | $5,891 | $70,692 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Listed for sale | $885,000 |
| 2024-07-12 | Listing removed | -- |
| 2024-06-26 | Listed for rent | $4,850 |
| 2023-07-31 | Listing removed | -- |
| 2023-07-13 | Price change | $4,600 |
| 2023-06-01 | Listed for rent | $4,850 |
| 2022-05-31 | Listing removed | -- |
| 2022-02-02 | Listed for sale | $850,000 |
| 2019-03-14 | Sold | $825,000 |
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