331 Promenade, Edgewater, NJ 07020

Located at 331 Promenade in Edgewater, New Jersey, this residential condominium offers a prime investment opportunity. Built in 2003, the property spans 1,496 square feet and is currently leased for $4,500 per month, with the lease term extending through July 2027. This unit is situated within a well-maintained, gated community known as The Promenade, which provides residents with elevator access and a secure living environment.

The interior of the unit features two bedrooms and two full bathrooms. The living area is designed to maximize natural light, with an east and south-facing orientation that provides views of the Hudson River and the New York City skyline. Recent interior updates include newly painted walls, updated light fixtures, and hardwood flooring throughout the living space. The kitchen has been upgraded with custom cabinetry and marble counter tables, complemented by a suite of appliances including a refrigerator, cooktop, dishwasher, and a new washing machine.

Climate control is managed through a central air conditioning system and electric heating. As a waterfront property, the building emphasizes its riverfront location, offering residents proximity to local parks, shopping centers, and various dining establishments. The community is managed by a homeowners association, which requires a monthly fee of $1,100 to maintain the building and its common areas.

Parking is provided via a dedicated space located in the garage under the building. This unit is categorized as a condominium and is located within Bergen County. Prospective investors should note that the property is currently occupied by a tenant, making it a turnkey addition to a real estate portfolio. All home facts are based on county records, ensuring transparency regarding the property's specifications and current status as a leased asset.