The Borough of Edgewater is located only minutes from New York City. The commute is made very easy due to the ferry system and NJ Transit buses. Edgewater is located near three major airports, JFK, LaGuardia and Newark International Airport with easy access to highways and river crossings.
This vibrant town has many outstanding restaurants and chic shops. Edgewater has favorable real estate tax for homeowners.
Average Price reflects the average price of single family homes sold in particular town. It is calculated based on the twelve month moving average (geometric mean).
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Homes Sold is the number of single family homes sold in a particular district in the past 12 month period.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury