For SaleRisky Deal8 days on market
31 Grand Cove Way #E31
31 Grand Cove Way #E31, Edgewater, NJ 07020, Edgewater, NJ 07020
$999,999
Estimate®:$985,200
Listing Price
31 Grand Cove Way #E31, Edgewater, NJ 07020
Loc: Edgewater, NJ
Days Listed
8
Tax Assessed
$853k
Estimate®
$985k
Market Rate
Rent Estimate
$4,611/mo
Est. Cash Flow base
Type
townhouse
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Eleanor Van Gelder Elementary School
3-6
0.2 mi away
N/A
George Washington School
PK-2
1.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern interiorhardwood floorsstriped accent wallsectional sofabalcony accessrecessed lightingopen floor plancontemporarycozy living spaceFrench doorsneutral color palettenatural lightspacious
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.80%
Total ROI
-2.0%
Cash Flow
$-3,687/mo
DSCR
0.29
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,687/mo net cash flow with a 1.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Edgewater, NJ
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $999,999 | $631 |
| 2026-09-16 | Listing removed | $999,999 | $631 |
| 2026-08-19 | Listed for sale | $999,999 | $631 |
| 2018-12-08 | Sold | $705,000 | $445 |
| 2018-10-03 | Listed for sale | $728,000 | $459 |
| 2001-11-19 | Sold | $482,000 | $304 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $13,403.46 | $853,300 |
| 2025 | $12,947.17 | $814,800 |
| 2024 | $12,502.25 | $786,800 |
| 2023 | $11,956.74 | $748,700 |
| 2022 | $11,596.73 | $719,400 |
| 2021 | $12,465.85 | $547,300 |
| 2020 | $10,376.81 | $547,300 |
| 2019 | $4,300.31 | $547,300 |
| 2018 | $4,300.31 | $547,300 |
| 2017 | $9,736.47 | $547,300 |
| 2016 | $9,605.12 | $547,300 |
| 2015 | $9,309.57 | $547,300 |
| 2014 | $8,899.1 | $547,300 |
| 2013 | $8,100.04 | $547,300 |
| 2012 | $8,100.04 | $547,300 |
| 2011 | $8,920.45 | $547,300 |
| 2010 | $8,367.02 | $728,200 |
| 2009 | $7,959.23 | $728,200 |
| 2007 | $0 | $283,700 |
| 2006 | $0 | $283,700 |
| 2005 | $0 | $283,700 |
| 2004 | $0 | $283,700 |
| 2003 | $0 | $283,700 |
| 2002 | $0 | $283,700 |
| 2001 | $0 | $283,700 |
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