2 Columbia Terrace

Edgewater, NJ 07020

$1,799,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent opportunity to own a piece of Edgewater History in a Prime Location, three-story Brownstone Style building featuring five residential units, built in 1906. Three attached garages and a coin-operated laundry for extra income, tenant pays separate utilities except heating. The property features stunning NYC views, low property taxes, low maintenance. Walking distance to the Edgewater Commuter Ferry and bus access to NYC, short drive to GW Bridge and Lincoln Tunnel. Just one block up from...Excellent opportunity to own a piece of Edgewater History in a Prime Location, three-story Brownstone Style building featuring five residential units, built in 1906. Three attached garages and a coin-operated laundry for extra income, tenant pays separate utilities except heating. The property features stunning NYC views, low property taxes, low maintenance. Walking distance to the Edgewater Commuter Ferry and bus access to NYC, short drive to GW Bridge and Lincoln Tunnel. Just one block up from River Road, short walk to Whole Foods, and a short drive to the Edgewater Promenade and Edgewater City Place with an array of shopping and various restaurant options. Significant upside potential for increasing rental income. The Fire Escape Certification completed, Fire Alarm Certification updated. The property has a current State Inspection Certificate and Tank certification. The building has been well maintained. 5.3% Projected Cap.
  1. Listed by Scott Selleck • Keller Williams City Views Realty • (201) 592-8900

Property Details for 2 Columbia Terrace

Style
5+Family
Sub style
5-25

Location

Listing Courtesy of Keller Williams City Views Realty, Scott Selleck
Add your commute
LISTING UPDATED: 04/25/2024 01:14 PM

Property Details for 2 Columbia Terrace

StatusActive
MLS #24007876
Days on Market47
Taxes$10,047 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMixed Use / 5+Family
Year Built-
Lot Size-
CountyBergen County

Location

Listing Courtesy of Keller Williams City Views Realty, Scott Selleck
Add your commute

Building Information for 2 Columbia Terrace

Stories3Residences5Year Built-Lot Size-

Payment Calculator

$10,655 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,818

Property Taxes

$837

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2 Columbia Terrace

Summary
Location and General Information
  • Area: 0213
  • Area name: Edgewater
  • Directions: Corner of Demsey Ave / Columbia Ter
  • Dep Status: See Remarks
  • Street Name: Columbia
  • County Name: BERGEN
  • Status: ACTIVE
  • Street Number Numeric: 2
  • Zip Code: 07020
Taxes and HOA Information
  • Tax: $10,047
Parking
  • Parking Spaces: 3
  • Additional parking: 3 Garages
Virtual Tour
Property
Lot Information
  • Lot: 00011
  • Year Built: 1900-1939, Renovated
  • Propertype ro: Gas, Munincipal Water, Sewer
  • Land frontage: 100.0
  • Land sqft: 2200.0
  • Land Depth: 22.0
  • Block: 00050
Property and Assessments
  • Photo: Y
  • Photo Number: 44
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Number of Units: 5
  • Number Of Stories: 3
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: O/See Rmrks
  • Number of Elevator: 0
Multi Family
Multi-Family Information
  • No of studios: 0
  • No of Common units: 0
  • No1 Bedroom units: 3
  • No2 Bedroom units: 2
  • No3 Bedroom units: 0
Income & Expenses Information
  • Gross Income: $124,000.00
  • Net Income: $97,120.00
  • Gross expenses: $28,621.00
Agent
Sale and Listing Information
  • Search Class: MIX
  • List Price: $1,799,000.00
  • Listing Date: 03-16-2024
  • Status Date: 03-16-2024
Showing Information
  • Internet Remarks: Excellent opportunity to own a piece of Edgewater History in a Prime Location, three-story Brownstone Style building featuring five residential units, built in 1906. Three attached garages and a coin-operated laundry for extra income, tenant pays separate utilities except heating. The property features stunning NYC views, low property taxes, low maintenance. Walking distance to the Edgewater Commuter Ferry and bus access to NYC, short drive to GW Bridge and Lincoln Tunnel. Just one block up from River Road, short walk to Whole Foods, and a short drive to the Edgewater Promenade and Edgewater City Place with an array of shopping and various restaurant options. Significant upside potential for increasing rental income. The Fire Escape Certification completed, Fire Alarm Certification updated. The property has a current State Inspection Certificate and Tank certification. The building has been well maintained. 5.3% Projected Cap.
Rental
Rental Information
  • Owner pays: Common Area, Heat, Snow, Water

Property History for 2 Columbia Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Columbia Terrace

Taxable ValueLand$286,000Additions$662,600Total$948,600
Tax Record2022$14,047 ($1,171 / month)
Home Facts
Stories3Lot Size2,200 SqFtStyleMulti-Family Res (5+ Units)CountyBERGENAPN13 00050-0000-00011

Schools near 2 Columbia Terrace

This home is within Edgewater School District.
Rating
School
Type
Grades
Distance
Public - 3 to 6
Public - PK to 2
Private - PK to 3
Rating
School
Distance
Eleanor Van Gelder Elementary School
Public3 to 6

George Washington School
PublicPK to 2

Children's Home Montessori School
PrivatePK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2 Columbia Terrace is a mixed use property for sale in Edgewater, NJ 07020. This property was listed for sale on March 16, 2024 by Keller Williams City Views Realty, it's currently listed at $1,799,000. It has been on the market for a total of 47 days and was last sold on January 6, 2006. This listing's school district is Edgewater School District. Nearby schools include Eleanor Van Gelder Elementary School, George Washington School and Children's Home Montessori School. 2 Columbia Terrace is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams City Views Realty, Scott Selleck

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/02/2024 07:38 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.