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2305 City Pl, Edgewater, NJ, 07020

2beds
1baths
1,128sqft
$529,000
$469price/sqft
$3,602/moest. monthly cost
$144,080/yrincome needed

About This Home

Welcome to your new home in The Peninsula at City Place! This spacious 1128 sq ft 1BR+ Den unit featuring a versatile den space that can serve as a second bedroom or a home office. This Southern facing unit has downtown Manhattan and Hudson River views and fantastic natural light all day long. Newly updated kitchen and bathroom. Spacious throughout with generous storage space. In unit washer and dryer. Conveniently located just minutes from the bus stop to NYC and the ferry. The community also has a well curated collection of retail shops and restaurants on the street level. The Peninsula features 24-hour concierge lobby and a community room. On-site parking for 2 cars is included. Don't miss this incredible opportunity!

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

Construction

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Washer/Dryer,Electric Oven

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Wall Unit(s),Heat Pump

Interior Area

  • Total structure area: 1,128
  • Total interior livable area: 1,128 sqft

Property

Details

  • Parcel number: 1300091000000001C2305

Parking

  • Parking features: 1 Car,2 Cars,Attached,Covered,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
    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 $2,674$32,088
Home Insurance *$45$540
Property Taxes $690$8,280
Electricity $193$2,318
Total$3,602$43,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,497/yr
40% on housing$108,060/yr
45% on housing$96,053/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

$469This listing

vs Other Active Listings

Avg $/sqft

ZIP 07020$620
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
2026-06-09Price change$529,000
2026-05-12Price change$529,900
2024-09-04Price change$559,900
2024-06-26Listed for sale$585,000
2021-03-08Listing removed--
2015-11-27Listing removed$2,450
2015-11-09Sold$472,500
2015-10-27Listed for rent$2,450

For Sale by Agent

AgentJOACHIM HORVITZ
BrokerageCOMPASS NEW JERSEY, LLC

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