The Oyster
15 Somerset Ln,
Edgewater, NJ 07020
$2,400 - $6,000
Studio - 2 Beds
Edgewater
Edgewater, NJ Area Guide
Suburban charm just across the river from New York City
River
•
Great Location
•
Suburban
•
Situated along the Hudson River with Manhattan skyline views, Edgewater combines waterfront living with metropolitan accessibility. The scenic Hudson River Waterfront Walkway invites residents to walk and cycle while enjoying river vistas. Once an industrial area, Edgewater has transformed into a residential destination featuring waterfront high-rise communities and townhouses. Current rental trends show steady growth, with average one-bedroom apartments commanding $2,939 monthly, reflecting a 2.4% annual increase, while two-bedroom units average $4,359, up 3.2% from the previous year.
The borough's 3.5-mile riverside stretch features several shopping and dining destinations, including Town Centre, Mitsuwa Marketplace, and City Place. Mitsuwa Marketplace, a Japanese food hall and superstore, adds international flavor to the local shopping scene. History enthusiasts can visit the Binghamton Ferry, listed on the National Register of Historic Places, while nature observers might spot the borough's unexpected residents – a colony of monk parakeets that have nested here since the 1980s. The 22-acre Veterans' Field offers recreational amenities including basketball courts, tennis courts, and a walking track. Transportation options, including NY Waterway ferry service to Manhattan, connect residents to New York City and surrounding areas.
Explore the City
There are a wide variety of home styles in Edgewater.
Edgewater has amazing views across the Hudson river towards New York city.
Enjoy a day of shopping at Edgewater City Place mall.
Homes on the cliffs in Edgewater have unmatched views of the Hudson River.
Edgewater is a diverse neighborhood running along the Hudson River.
Enjoy a fine dining experience at Pier 115 Restaurant in Edgewater.
Rent Trends
As of March 2026, the average apartment rent in Edgewater, NJ is $2,537 for a studio, $2,925 for one bedroom, $4,429 for two bedrooms, and $5,133 for three bedrooms. Apartment rent in Edgewater has decreased by -0.2% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$2,925/month
756 Sq Ft
House
$3,859/month
634 Sq Ft
Condo
$2,374/month
201 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Edgewater, NJ is for everyday living.
Very Walkable
75
/ 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Minimal Transit
2
/ 100
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
44
/ 100
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Scores provided by Walk Score
Schools
Eleanor Van Gelder Elementary School
Public
Grades K-5
Public
Grades PK-5
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Riverbank State Park
- St. Nicholas Park
- Morningside Park
- Riverside Park
- Riverside Park
Military Bases
Airports
- LaGuardia
- Newark Liberty International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.