For SaleRisky Deal94 days on market
6408 City Pl
6408 City Pl, Edgewater, NJ 07020, Edgewater, NJ 07020
$589,000
Estimate®:$588,900
Listing Price
6408 City Pl, Edgewater, NJ 07020
Loc: Edgewater, NJ
Days Listed
94
Tax Assessed
$528k
Estimate®
$589k
Market Rate
Rent Estimate
$3,915/mo
Est. Cash Flow base
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
1.1 mi away
N/A
George Washington School
PK-2
2.6 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
modernopen-conceptgourmet kitchenhardwood flooringwhite cabinetrystainless steel appliancesgranite countertopshigh-risefloor-to-ceiling windowsurbannatural lightminimalistcontemporarybreakfast bar
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.58%
Total ROI
36.6%
Cash Flow
$-1,301/mo
DSCR
0.57
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,301/mo net cash flow with a 3.6% 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 |
|---|---|---|---|
| 2026-09-02 | Price change | $589,000 | $453 |
| 2026-08-14 | Price change | $608,000 | $468 |
| 2026-06-12 | Listed for sale | $618,000 | $475 |
| 2004-12-13 | Sold | $617,248 | $475 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $8,343.44 | $528,400 |
| 2025 | $8,059.41 | $507,200 |
| 2024 | $7,798.81 | $490,800 |
| 2023 | $7,652.82 | $479,200 |
| 2022 | $7,618.31 | $472,600 |
| 2021 | $9,000.74 | $399,500 |
| 2020 | $10,522.8 | $399,500 |
| 2019 | $5,177.15 | $555,000 |
| 2018 | $5,177.15 | $555,000 |
| 2017 | $9,873.45 | $555,000 |
| 2016 | $9,740.25 | $555,000 |
| 2015 | $9,440.55 | $555,000 |
| 2014 | $9,234.05 | $555,000 |
| 2013 | $8,404.92 | $567,900 |
| 2012 | $8,404.92 | $567,900 |
| 2011 | $7,488.43 | $567,900 |
| 2010 | $7,023.84 | $611,300 |
| 2009 | $6,681.51 | $611,300 |
| 2007 | $0 | $343,000 |
| 2006 | $0 | $343,000 |
| 2005 | $0 | $343,000 |
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