9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Hero Image
Property logo
9
Vela Way
Edgewater | New Jersey

Where Iron

Ornaments Elegance

View More
Menu
Vito Contuzzi
Vito Contuzzi
Presented At
$1,649,000
Bedrooms
4
Bathrooms
4
Living
3,916
SQFT
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 1
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 2
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 3
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 4
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 5
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 6
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 7
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 8
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 9
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 10
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 11
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 12
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 13
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 14
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 15
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 16
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 17
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 18
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 19
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 20
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 21
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 22
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 23
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 24
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 25
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 26
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 27
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 28
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 29
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 30
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 31
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 32
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 33
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 34
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 35
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. - Photo 36
Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10
Thumbnail 11
Thumbnail 12
Thumbnail 13
Thumbnail 14
Thumbnail 15
Thumbnail 16
Thumbnail 17
Thumbnail 18
Thumbnail 19
Thumbnail 20
Thumbnail 21
Thumbnail 22
Thumbnail 23
Thumbnail 24
Thumbnail 25
Thumbnail 26
Thumbnail 27
Thumbnail 28
Thumbnail 29
Thumbnail 30
Thumbnail 31
Thumbnail 32
Thumbnail 33
Thumbnail 34
Thumbnail 35
Thumbnail 36
9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States. , Edgewater , New Jersey 07020

4 Bedrooms Townhouse

This is Hudson River living for those who know exactly what they want without compromise. Introducing 9 Vela Way, Edgewater-a Hudson River residence curated for buyers who expect more than square footage and finishes. With commanding views of the Manhattan skyline, the Hudson River, and the George Washington Bridge, this multi-level luxury townhouse offers a front-row seat to the city, just minutes from Manhattan by car, bus, or ferry. Spanning approximately 4,000 square feet, including a finished lower level, the home is defined by dramatic ceiling heights and floor-to-ceiling glass that flood each level with natural light. Every element is intentional-from the chef-caliber kitchen with gas cooking and elevated finishes to spa-inspired bathrooms that feel more boutique hotel than residence. The living experience extends outdoors with multiple balconies, a private patio, and a rooftop deck, where Hudson River sunsets and skyline views become part of daily life. The primary suite features two oversized custom walk-in closets and a luxurious spa-style bath. A lower-level in-home gym, staff/au-pair quarters, private driveway, and two-car garage provide the functionality expected at this level. Set within a pet-friendly, low-maintenance community with resort-style amenities including a swimming pool, 9 Vela Way delivers scale, privacy, and architectural presence without compromise. This one undoubtedly gives NYC high-rises a run for their money.

Property

3D Street View Tour

Map showing 9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States.

Property Location

9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States., Edgewater New Jersey

Local Weather & Climate

Edgewater, New Jersey

Current Conditions Updated recently
45 °F
Broken clouds
Feels Like 40°F
Humidity 71%
Wind 11 mph
Visibility 6.2 mi
Sunrise 10:49 AM
Sunset 11:13 PM
5-Day Forecast
Thu 26 Mar
Clouds
High 70°
Low 45°
Fri 27 Mar
Clouds
High 66°
Low 48°
Sat 28 Mar
Clouds
High 47°
Low 32°
Sun 29 Mar
Clouds
High 49°
Low 34°
Mon 30 Mar
Clouds
High 59°
Low 43°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Edgewater?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

Ready to explore financing?

Connect with trusted mortgage partners

Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Ultra Luxury 230.6× median

Our perspective on current market conditions in Edgewater. For informational purposes only — always consult a licensed real estate professional before making decisions.

Neutral Market
Balanced conditions. Negotiate wisely.
50
Buyer Score
Prices are up 17.7% year-over-year
Homes are taking 109 days to sell - more time to negotiate

Local Market Price Trends

Median home sale prices in Edgewater, New Jersey — ZIP code 07020 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $164,900,000
Area median: $715,000
+17.7% year-over-year (well above the 3.5% historical avg)

Market Competition

109 days
Days on Market
Above typical
98.9%
Sale-to-List Ratio
Below asking

Future Value & Wealth Building

Starting investment: $1,649,000 20% down ($329,800)

10.4 years
Double Your Investment
Based on current market trends, your property value could double
$2,071,165
10-Year Equity
Your potential equity after 10 years of payments and appreciation
+$729,702
Appreciation Beats Rent
Potential gain vs 10 years of renting a similar home
$8,777
Monthly Investment
Estimated monthly mortgage payment (principal & interest)
$12,086,808
30-Year Wealth Potential
Total equity after full mortgage payoff with market appreciation
6.3x
Leverage Power
Your $329,800 down payment could grow to $2,071,165 in equity (10 yrs)
Investment Perspective
$ $ $
$1 → $1.94
Every dollar invested today could become $1.94 in 10 years
$100 → 194 $1,000 → $1,943
+$310
$310/day
Your home may appreciate while you sleep
$2,177/week $9,434/mo $113,207/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$571K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 120% advantage over stocks
RENT 💸 -$907K
vs
OWN 📈 +$2.1M
$2.1M Potential Equity
vs $907K lost to rent over 10 years
$330K Down Payment Growth
6.3x
10yr
$2.1M
16.6x
20yr
$5.5M
36.6x
30yr
$12.1M
Wealth Comparison
×29
Equivalent to 29 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $12.1M
Time to Double Your Investment (accounting for market cycles)
18.6
years
Conservative
3.79% effective/yr
9.2
years
Optimistic
7.86% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $2.4M +45%
Market $3.2M +94%
Optimistic $3.5M +113%
$2.1M est. equity
20 Years
Conservative $3.5M +110%
Market $6.2M +277%
Optimistic $7.5M +354%
$5.5M est. equity
30 Years
Conservative $5.0M +205%
Market $12.1M +633%
Optimistic $15.9M +867%
$12.1M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average
4.27 %
1967 – 2024
57 years of U.S. home price data
Recent Decade Average
6.5 %
2014 – 2024
Post-recovery bull market
Above Historical
Current 7.8% appreciation exceeds the national historical average (4.3%). Market-based projections reflect current conditions that may moderate over time.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 6.9%. Market scenario reflects current 7.8% YoY trend from Redfin (May 2026). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated May 2026

Neighborhood Demographics

ZIP 07020 • 2022 ACS Data

14,394 Population
Median Age: 38.0
$136,806 Median Income
High
$750,200 Median Home Value
Rent: $2,580
74.3% College Graduates
Very High

Housing

Homeowners 38.9%
Renters 53.1%
Vacancy Rate 8.0%

Employment

4.1% Unemployment
29.0% Work From Home

Education Attainment (Age 25+)

High School+ 97.7%
Bachelor's+ 74.3%
Graduate+ 33.3%
Data from U.S. Census Bureau American Community Survey 2022

Frequently Asked Questions

Common questions about this property

This house at 9 Vela Way, Edgewater, NJ 07020, Edgewater, New Jersey, United States features 4 bedrooms with 3,916 square feet of living space.
This property offers 3,916 square feet of living space.
This property is listed at $164,900,000, which equals $42109 per square foot.
In Edgewater, home prices have increased 17.7% over the past year, homes typically sell within 109 days, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.
Based on current market indicators, Edgewater shows an active market. The market opportunity score is 50 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Edgewater, New Jersey. The property is situated in an established neighborhood with convenient access to local amenities and services.
Vito Contuzzi

Vito Contuzzi

CENTURY 21 The Crossing

View Full Profile
Jason Dion

Jason Dion

CENTURY 21 The Crossing

License #1522444

View Full Profile

Schedule a Tour

Get in touch with our listing agents

SunMonTueWedThuFriSat

More Listings

Explore more properties

Official Real Estate Games

Have fun discovering more properties while playing our real estate games — win prizes for ranking high!

$
$
$
$
$
$
$
WIN CREDITS
Up Your Real Estate Skills FOR FREE

Loading listings...