For SaleRisky Deal36 days on market
200 Grand Cove Way #4J
200 Grand Cove Way #4J, Edgewater, NJ 07020, Edgewater, NJ 07020
$639,000
Listing Price
200 Grand Cove Way #4J, Edgewater, NJ 07020
Loc: Edgewater, NJ
Days Listed
36
Tax Assessed
$510k
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
open-conceptmodernspacioushardwood-flooringcontemporarynatural-lighthigh-endkitchen-islandminimalistneutral-paletteairyurban-apartmentdining-area
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.07%
Total ROI
69.1%
Cash Flow
$-615/mo
DSCR
0.81
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-615/mo net cash flow with a 5.1% 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 |
|---|---|---|---|
| 2026-08-20 | Listed for sale | $639,000 | – |
| 2022-05-23 | Listing removed | $498,000 | – |
| 2022-04-18 | Listed for sale | $498,000 | – |
| 2020-07-30 | Listing removed | $2,900 | – |
| 2020-07-29 | Sold | $2,900 | – |
| 2020-03-16 | Listed for rent | $2,900 | – |
| 2015-10-02 | Sold | $355,000 | – |
| 2014-11-03 | Sold | $453,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $7,743.02 | $509,900 |
| 2025 | $7,479.42 | $470,700 |
| 2024 | $6,916.92 | $435,300 |
| 2023 | $6,764.89 | $423,600 |
| 2022 | $6,989.63 | $433,600 |
| 2021 | $9,030.02 | $400,800 |
| 2020 | $7,599.17 | $400,800 |
| 2019 | $7,346.66 | $400,800 |
| 2018 | $7,346.66 | $400,800 |
| 2017 | $7,130.23 | $400,800 |
| 2016 | $7,034.04 | $400,800 |
| 2015 | $6,817.61 | $400,800 |
| 2014 | $6,517.01 | $400,800 |
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