For SaleRisky Deal16 days on market
200 Grand Cove Way #2C
200 Grand Cove Way #2C, Edgewater, NJ 07020, Edgewater, NJ 07020
$400,000
Listing Price
200 Grand Cove Way #2C, Edgewater, NJ 07020
Loc: Edgewater, NJ
Days Listed
16
Tax Assessed
$457k
Type
condo
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
residential complexbrick exteriormulti-storybalconieslandscaped groundsmature treescoastal themegated entrysuburbanapartment buildingwell-maintainedcontemporary architectural elementspark-like setting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.22%
Total ROI
50.5%
Cash Flow
$-669/mo
DSCR
0.68
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-669/mo net cash flow with a 4.2% 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 |
|---|---|---|---|
| 2026-09-09 | Listed for sale | $400,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $6,905.71 | $457,100 |
| 2025 | $6,670.62 | $419,800 |
| 2024 | $6,314.69 | $397,400 |
| 2023 | $6,174 | $386,600 |
| 2022 | $6,409.31 | $397,600 |
| 2021 | $8,595.2 | $381,500 |
| 2020 | $7,233.24 | $381,500 |
| 2019 | $6,992.9 | $381,500 |
| 2018 | $6,992.9 | $381,500 |
| 2017 | $6,786.89 | $381,500 |
| 2016 | $6,695.33 | $381,500 |
| 2015 | $6,489.32 | $381,500 |
| 2014 | $6,203.19 | $381,500 |
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