3 Somerset Ln
Edgewater, NJ 07020
2 bd 3 ba 1,895 sqft townhomes
Most recent sale
$1,680,000
Sep 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 14, 2022 | Sold | $1,680,000 | Public Record |
| Sep 7, 2022 | Sold | $1,680,000 | HudsonCounty |
| Jul 1, 2022 | Listed | $1,700,000 | MLS #220012022 |
| Mar 11, 2022 | Relisted | $1,780,000 | MLS #210021386 |
| Sep 13, 2021 | Listed | $1,780,000 | MLS #210021386 |
| May 2, 2019 | Listed | $1,900,000 | MLS #1920360 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,263,400 | $385,000 | $1,648,400 | $27,116 |
| 2024 | $1,263,400 | $385,000 | $1,648,400 | $25,519 |
| 2023 | $1,208,200 | $360,000 | $1,568,200 | $25,044 |
| 2022 | $1,217,600 | $375,000 | $1,592,600 | $25,672 |
| 2021 | $734,700 | $246,200 | $980,900 | $22,100 |
| 2020 | $584,700 | $246,200 | $830,900 | $16,161 |
| 2019 | $584,700 | $246,200 | $830,900 | $15,753 |
| 2018 | $384,700 | $246,200 | $630,900 | $11,564 |
Property facts
Year built
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Property type
townhomes
Stories
—
Beds
2
Baths
3
Living area
1,895 sqft
Lot size
—
ZIP code
07020
City
Edgewater
Street
Somerset Ln
Coordinates
40.80151, -73.99238
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$10,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 3 Somerset Ln last sell?
3 Somerset Ln most recently sold on Sep 14, 2022 for $1,680,000.
What is the current tax assessment for 3 Somerset Ln?
The most recent total assessment for 3 Somerset Ln (year 2025) is $1,648,400 with $27,116 in property tax.
How does 3 Somerset Ln's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $1,680,000.
When was 3 Somerset Ln built?
The year built for 3 Somerset Ln is not in our records.
How does 3 Somerset Ln compare to others on Somerset Ln?
We track 8 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 3 Somerset Ln?
3 Somerset Ln is a 2 bed, 3 bath, 1,895 sqft townhomes.
Is 3 Somerset Ln a flip candidate?
No — 3 Somerset Ln does not appear in our flips dataset.
Is 3 Somerset Ln a tax-appeal candidate?
No — 3 Somerset Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.2%
Implied 1-yr
+13.0%
2026 Q3
$1.2M
2026 Q4
$1.2M
ZIP 07020 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Ln