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22 Vela Way, Edgewater, NJ, 07020

4beds
5baths
--sqft
$1,850,000
--price/sqft
$12,617/moest. monthly cost
$504,680/yrincome needed

About This Home

THE 2ND LARGEST MODEL IN THE COMPLEX! SPECTACULAR MULTI-LEVEL TOWNHOME LOCATED ON EDGEWATER'S GOLD COAST!! APPROX. 4200 SF WITH AN OPEN FLOOR PLAN AND A FULL BASEMENT BONUS LEVEL-NOT INCLUDED IN THE SF. OFFERING A ROOFTOP DECK INCLUDING WATER, ELECTRIC, GAS FOR ALL YOUR GRILLING NEEDS AND AN ENCLOSED GLASS SOLARIUM. A PRIVATE FULL-SIZE ELEVATOR, BRIGHT ROOMS WITH FLOOR TO CEILING WINDOWS, HARDWOOD FLOORS AND RADIANT HEAT THROUGHOUT, CENTRAL VACUUM, 2 STEAM SHOWERS, 2 JACUZZI TUBS, STATE-OF THE ART KITCHEN WITH SUB-ZERO REFRIGERATOR AND GRANITE COUNTER TOPS, 4 BEDROOMS, 4.5 BATHROOMS, MULTI-BALCONIES, PRIVATE 2 CAR GARAGE-PLUS 2 DRIVEWAY SPACES. OFFERING LUXURY LIVING AT IT'S BEST! BEAUTIFUL NORTH, SOUTH, EAST RIVER AND NYC VIEWS. STEPS TO A BEAUTIFUL POOL THAT LOOKS OUT TO THE MANHATTAN SKYLINE. NEXT TO A MARINA'S FOR ALL YOUR BOATING NEEDS. MINUTES TO THE EDGEWATER/NYC FERRY & GW-BRIDGE, VERY CLOSE TO SHOPPING, TRANSPORTATION & RESTAURANTS! IT'S AN ABSOLUTELY BREATHTAKING UNIT! COME PREVIEW!

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

Construction

Type & Style

  • Home type: Townhouse
  • Property subType: Condominium

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Storage

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Central Vacuum,Elevator
  • Flooring: Hardwood

Property

Features

  • Patio & porch: Terrace,Enclosed
  • On waterfront: Yes
  • Waterfront features: River Front

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Inland FloodingVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Coastal Flooding
Cold Wave
Earthquake
Heat Wave
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $9,354$112,248
Home Insurance *$157$1,884
Property Taxes $2,913$34,956
Electricity $193$2,318
Total$12,617$151,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$432,582/yr
40% on housing$378,510/yr
45% on housing$336,453/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07020$609
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07020$723
Bergen County$452

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)

No zestimate history available

Price History

DateEventPrice
2026-03-13Listed for sale$1,850,000
2023-11-09Listing removed--
2023-09-13Price change$8,900
2023-06-05Listed for rent$9,300

For Sale by Agent

AgentDawn Pugliese
BrokerageProminent Properties Sotheby's International Realty-Alpine

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