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Sold for $1,250,000 on 12/04/24
  • $1,250,000

    358-360 Undercliff Ave, Edgewater, NJ 07020

    6beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,373,400 Zestimate®
    $--/sqft
    $3,578 Estimated rent

    Home value

    $1,373,400

    $1.24M - $1.52M

    $3,578/mo

    Zestimate® history
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    $3,578/mo

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    $8,448/mo

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    $8,448/mo

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    What's special

    This is the ultimate 2 family investment property in the heart of Edgewater. This one defines house hack, live in one and rent out the other side or rent out both sides and get well over $7000 a month in rent. Unit 1 or 358 Undercliff is a 3 bedroom, 1 bathroom plus sunroom and the work is already done for you. You’ll love your new chef’s kitchen which opens to the living room. The bathroom is also renovated with a double sink, European marble tile and a beautiful soaking tub. The Unit 2 or 360 Undercliff is also a 3 bedroom, 1 bathroom plus sunroom with the opportunity to add value and open up the kitchen like the first unit. The owners put a lot of work into this so all you have to do is sit back and enjoy your investment; Roof, boiler, double hang windows, electric and plumbing are all less than 5 years old and a new staircase to the attic. Hardwood floors throughout, side and back yards and best of all 3 separate parking spaces and 6 if you want to park in front of each spot! Also a large basement for the storage. Where else are you going to find a property like this to add to your portfolio. Best of all, you have an opportunity to assume the Sellers mortgage with a 2.5% rate and save thousands of dollars per month. Don’t be late on this one!

    Zillow last checked: 8 hours ago

    Listing updated: September 18, 2024 at 12:36pm

    Listed by:

    DARREN GIORDANO,

    EXP REALTY LLC 866-201-6210

    Bought with:

    , 2190081

    PROPER ESTATES INC.

    PROPER ESTATES INC.

    Source: HCMLS,MLS#: 230015698

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Radiators
    Cooling
    • Central Air, Gas
    Features
    • Basement: Full

    Property

    Parking
    • Parking features: 3+ Cars, Garage
    • Has garage: Yes
    Details
    • Parcel number: 1300062000000011

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Multi Level
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding

    Community & neighborhood

    Location
    • Region: Edgewater

    Price history

    DateEventPrice
    12/4/2024Sold$1,250,000
    Source: Public Record
    9/18/2024Sold$1,250,000-3.8%
    Source: HCMLS #230015698
    1/16/2024Pending sale$1,299,000
    Source: NJMLS #23029039
    11/3/2023Price change$1,299,000-2.3%
    Source: NJMLS #23029039
    9/19/2023Listed for sale$1,329,000+66.1%
    Source: NJMLS #23029039

    Public tax history

    YearProperty taxesTax assessment
    2025$13,425 +6.8%$844,900 +6.8%
    2024$12,566 +3.5%$790,800 +4%
    2023$12,144 +2.8%$760,400 +3.8%

    Find assessor info on the county website

    Neighborhood: 07020

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,373,400
    2% more+ $27,468
    With Zillow Showcase(estimated)
    $1,400,868