The New Jersey Gold Coast
5 Vela Way, Edgewater, NJ 07020
Luxury Lifestyle Overview, NJ Real Estate, Homes for Sale
20 minutes to NYC via bus, train, ferry, & car. NYC panoramas from the rooftop deck & pool. 5 FULL-SIZED FLOORS: LEV-5 Rooftop has NYC panoramas; solarium/office/entertainment + deck w water/gas/electric for outdoor kitchen. LEV-4 Master BR En-suite, plus 2 bedrooms, 2 baths, 2 balconies. LEV-3 Living Room, Dining Room, Gourmet Kitchen, Breakfast Room, bath, 2 balconies. LEV-2 Guest suite, patio, laundry, heated 2-car garage & 2-car driveway. LEV-1 (Approx, 1200SF) 2 large rooms for, Media/LivRm, Bar, Gym, Rec, Storage, etc. Roof-top solarium, elevator, 4 balconies, patio, 8-foot windows. With a guest suite for visitors. Access Hudson River walkways. Jetted tub, walk-in closet, 6-zone HVAC, central vacuum. UPGRADES: Refinish Brazilian Cherry floors, stairs & railings, walls, doors, counters & kitchen; Elevator repair.NYC lifestyle and most spectacular home/entertainment venue you could ever imagine. Vistas of the Hudson River back-dropped by NYC’s ever-changing skyline. Guests are exhilarated by the panoramic beauty: sunrise, sunset, twilight, and the nighttime light show.
5 Vela Way Edgewater Features
SETTING: NYC Panoramic Views & Commute, 5-Floors, Guest Suite, NYC Culture & Entertainment |
INTERIOR: Gourmet Kitchen, Family Room, 5 Terraces, Fireplace, Elevator, Open Design, MBR Ensuite, |
EXTERIOR: Pool, Deck, |
APPLIANCES: 2 Wall Ovens, Dish Washer, Microwave, Gas Range, Smoke & CO |
UTILITIES: Public Water, Septic, Natural Gas, Gas Baseboard Heat, Air Conditioning |
New Jersey Gold Coast &
Hudson River Community Guide
Edgewater, Englewood Cliffs, Cliffside Park, Tenafly, Fort Lee
Luxury Lifestyle Overview, NJ Real Estate, Homes for Sale
NJ Gold Coast Overview & General Description
The New Jersey Gold Coast along the Hudson River is one of the New Jersey’s most prestigious residential corridors, known for sweeping Manhattan skyline views, luxury high-rise living, and refined suburban enclaves. This aggregated community block blends waterfront condominium developments in Edgewater and Fort Lee with the estate-style homes of Englewood Cliffs and Tenafly. The area attracts executives, international buyers, downsizers, and NYC commuters seeking proximity to Manhattan with elevated residential standards.
Real estate demand remains consistently strong due to limited land availability, excellent schools, and direct access to New York City employment opportunities. The housing stock ranges from modern glass towers and gated riverfront communities to classic Colonials and custom luxury homes on large lots. Buyers value the balance of convenience, privacy, and long-term appreciation, while sellers benefit from sustained buyer interest and premium pricing.
NJ Gold Coast Home Styles and Pricing
New Jersey Gold Coast Home Styles & Architecture
- Luxury high-rise and mid-rise condominiums
- Waterfront gated communities
- Brick and stone Colonials, contemporaries, and custom estates
- Mid-century modern homes in Englewood Cliffs
- Gold Coast homes have been built since the 1950s, with extensive renovation and new construction.
New Jersey Gold Coast Housing Types & Density
- Townhouses, Condos and co-ops dominate Edgewater and Fort Lee
- Single-family homes prevail in Tenafly and Englewood Cliffs
- Medium to low density outside riverfront developments
New Jersey Gold Coast Home Prices
- Condos: ~$550,000 to $2.5M+
- Single-family homes: ~$1.2M to $6M+
- This is considered high-end to ultra-luxury real estate by NJ standards.
NJ Gold Coast Real Estate Market Conditions
New Jersey Gold Coast Market Conditions & Days on Market
- Low inventory, steady demand
- Seller-leaning market, especially for move-in-ready homes
- Average days on market: 35–55 days
New Jersey Gold Coast Property Taxes & HOA Fees
- Property taxes vary widely by town and property type
- Luxury condos often include HOA fees ranging from $600–$1,500+ monthly, covering amenities and security
NJ Gold Coast Schools & Education
- Highly regarded public school districts, especially Tenafly
- Strong private and parochial options nearby
- Tertiary Educational institutions nearby include:
- Sussex County Community College,
- Essex County College,
- Montclair State,
- Ramapo College,
- Rutgers-Newark, and
- William Paterson University
NJ Gold Coast Healthcare & Medical Access
Nearby, renowned regional hospitals that provide the network of medical services needed in the New Jersey Gold Coast area include:
- Palisades Medical Center
- New York Presbyterian Hospital
- Morristown Medical Center (Atlantic health System)
- Hackensack University Medical Center (Meridian Health)
- Newark University Hospital
- Valley Hospital Paramus.
NJ Gold Coast Commuting and Transportation
New Jersey Gold Coast Transportation & Commuting
- George Washington Bridge access
- NJ Transit buses and ferry service
- Average commute to Midtown Manhattan: 20–40 minutes
NJ Gold Coast Community Statistical Profile
New Jersey Gold Coast Community Profile (Aggregated)
- Population: ~85,000 residents
- Median household income: ~$140,000–$175,000
- Household type: Professionals, executives, families, international residents
- Average household size: ~2.7
NJ Gold Coast Lifestyle, Dining & Entertainment
New Jersey Gold Coast Community Profile (Aggregated)
- Hudson River Waterfront Walkway
- Fort Lee Historic Park
- Fine dining in Edgewater and Englewood
- Bergen Performing Arts Center (Englewood)
- Immediate access to NYC arts, dining, and shopping
Stay In Touch!
M - (973) 987-7065
James Bean
beanjc@gmail.com
Primary Office: Coldwell Banker Realty 24 White Deer Pl, Sparta, NJ 07871 Office: (973) 222-6521
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