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116 The Promenade #116, Edgewater, NJ, 07020

3beds
2baths
--sqft
$699,900
--price/sqft
$4,739/moest. monthly cost
$189,560/yrincome needed

About This Home

Rarely available south facing, deluxe size unit, in the second to last building on the east end. This home is literally over the Hudson River 24/7. Enjoy Jaw Dropping views down the Hudson River from Manhatton to the NY Harbor. The home gets lots of sunlight all day and gets great sunsets too; especially from the terrace. This is also one of the largest floor plans at "The Promenade", making this one a very desirable home, especially for this price. It has generous space, from the large open kitchen to the Master Suite w/an 11" x 6"ft. closet. The luxurious master bath has a double vanity, Jacuzzi tub, & separate stall shower. The Promenade is a unique gated community offering many surprises, such as the quiet courtyard walkway that stretches the entire length, the gym and hot tub with enviable city and river views. It also has a gatehouse and is conveniently located along the river walk, and at City Place. This comes w/1 garage spot (#70) and has visitor parking too. [ add Special assessment of $674 p/mo. until 2031 to HOA].

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Elevator,One Floor Living
  • Flooring: Hardwood

Property

Details

  • Parcel number: 1300091000000003C0116
  • Other equipment: Intercom

Features

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

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Coastal Flooding
Heat Wave
Lightning
Strong Wind
Winter Weather
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 $3,539$42,468
Home Insurance *$59$708
Property Taxes $948$11,376
Electricity $193$2,318
Total$4,739$56,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,480/yr
40% on housing$142,170/yr
45% on housing$126,373/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$618
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)

Price History

DateEventPrice
2026-04-01Listed for sale$699,900
2021-04-22Listing removed--
2021-01-16Price change$4,000
2020-08-10Listed for rent$4,100
2016-03-23Listing removed$3,800
2016-03-22Sold$3,500
2015-11-14Listed for rent$3,800
2015-04-17Sold$3,750
2015-03-25Listing removed$3,800
2015-01-20Listed for rent$3,800
2012-12-25Listing removed$3,800
2012-08-29Listed for rent$3,800
2006-08-30Sold$790,000
2000-12-21Sold$510,000

For Sale by Agent

AgentMatthew Perasso
BrokerageCompass New Jersey, LLC-Hoboken

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