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Three-Unit Residential Income Property
New
For Sale
$2,850,000

9 Somerset Ln Unit PH 608/614, Edgewater, NJ 07020

Combined residence includes private outdoor space, upgraded appliances, and extensive building amenities.

Property SizeContact for details
Days on Market5

Property Features for 9 Somerset Ln Unit PH 608/614

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Coldwell Banker, Hoboken
Listed By: Amy DeAngelo ()
Source: Fortuneluxuryrealty
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 30 at 4:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker, Hoboken

Investment Insights

Based on property information with market context.

This three-unit residence combines five bedrooms and 4.5 bathrooms with generous living and dining areas, hardwood flooring, and a private balcony. The kitchen is equipped with Sub-Zero and Wolf appliances, quartz countertops, and contemporary cabinetry. Additional features include central AC, a new tankless hot water system, wet bar, wine fridge, and a wired media setup with projector and surround sound. Walk-in closets serve all bedrooms, while the primary bathroom includes a steam room. The fifth bedroom also provides a morning kitchen and adaptable office space.

Building amenities include 24/7 concierge service, a ferry shuttle, fitness center, pool, pier, rooftop deck, five parking spaces, and multiple storage units. The property is near shopping, dining, parks, NYC transit, and NY Waterway access, with Southeast NYC skyline views extending from uptown Manhattan to the World Financial Center.

Key Highlights

  • Three‑unit residence with 5 bedrooms and 4.5 bathrooms
  • Southeast NYC skyline views from uptown Manhattan to the World Financial Center
  • Private balcony, hardwood floors, and spacious living and dining areas

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Daycare Center Nursing Home Storage Facility Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,286
Businesses Nearby

Demographics for 07020, NJ

14,336
Population
7,601
Households
1.9
Avg Household Size
40
Median Age
74%
College-Educated
97%
High-School Grad
1.0 sq mi
ZIP Area
14,336
Density / Sq Mi
$137,847
Median Household Income
$102,682
Median Earnings
$2,645
Median Rent
$723,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Combined residence includes private outdoor space, upgraded appliances, and extensive building amenities.
Where is this residential income property located?
The property is located at 9 Somerset Ln Unit PH 608/614 Edgewater, NJ.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Three‑unit residence with 5 bedrooms and 4.5 bathrooms; Southeast NYC skyline views from uptown Manhattan to the World Financial Center; Private balcony, hardwood floors, and spacious living and dining areas
More about this property
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