NOT LISTED FOR SALE

157 Cedar Grove Ln Somerset, NJ 08873

Estimated Value: $501,000 - $663,000

3 Beds
2.5 Baths
-- Sq Ft
1.35 Acres

Last Sold May 13, 2016

Last sale price $273,000

Est. 114% increase in value since last sale

Current estimated payment $3,841/month

30 Days on Market

Highlights

  • 1.35 Acre Lot
  • Wooded Lot
  • Den
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of May 2016

LOVELY UPDATED CAPE WITH 1+ ACRE LOT AND 2 CAR DETACHED OVERSIZE GARAGE WITH LOFT STORAGE AND DEN, 2.5 BATHS, UPDATED KITCHEN/FLOORS/APPLIANCES/PAINT/ROOF/HEAT, CIRCULAR DRIVEWAY, FAST CLOSING. PROPERTY HAS BEEN PREVIOUSLY APPROVED FOR NEW CONSTRUCTION OF A 4,000 SQ. FT. HOME, HOME IS FUNCTIONAL AND CLEAN, SELLER DOES NOT WANT TO ENTERTAIN COSMETIC REPAIRS, UNIQUE HOME AND LARGE LOT!.

Last Agent to Sell the Property

Mark S. Heflin

RE/MAX PREFERRED PROFESSIONALS Listed on: 03/09/2016

RE/MAX PREFERRED PROFESSIONALS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,634

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 1.35 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof

Interior Spaces

  • Formal Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Powder Room

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2708-00507-0038-00012-0005-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,634

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Renovated
  • County Name: Somerset
  • Renovated Year: 2013
  • Street Number Display: 157
  • Directions: EASTON AVE TO CEDAR GROVE LANE, ON RIGHT. BLUE HOUSE, BRICK FRONT, SIGN.
  • I D: 4606250
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: MARK S
  • First Name3: UNKNOWN
  • Last Name: HEFLIN
  • Last Name3: AGENT
  • Office Phone: 732-895-1414
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2013

Interior Features

  • Flooring: Laminate
  • Appliances: Refrigerator, Dishwasher
  • Interior Amenities: JacuzTyp
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Storage Room, Laundry Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: Ground
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Level Rooms: Loft
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Porch, Kitchen, Dining Room, Bath Main, LivDinRm
  • Level 2 Rooms: 2 Bedrooms, Powder Room
  • Ground Level Rooms: Den
  • Phone: 908-685-0700

Exterior Features

  • Exterior Description: Brick, Metal
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Oversize Garage, Loft Storage, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Gravel, Circular

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 1.3477 ACRES
  • Assessed Improvement Value: 146200
  • Assessed Land Value: 146700
  • Assessment: 292900
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 12.5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.35

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6634
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00507-0038-00012-0005-
  • Tax Rate Amount: 2.265
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Traube Jennifer M and Oldham Jennifer M
Bought by
Oldham John B and Oldham Jennifer M
Current Estimated Value
$583,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,000
Outstanding Balance
$779,887
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$196,728

Purchase Details

Listed on
Mar 9, 2016
Closed on
May 13, 2016
Sold by
Gomes Joquimh H
Bought by
Traube Jennifer M
Seller's Agent
Mark S. Heflin
RE/MAX PREFERRED PROFESSIONALS
List Price
$284,900
Sold Price
$273,000
Premium/Discount to List
-$11,900
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$267,841
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2008
Sold by
Gomes Joaquim H
Bought by
Gomes Joaquim H

Purchase Details

Closed on
Nov 22, 2005
Sold by
Lin Shang Sheng
Bought by
Gomes Joaqim H

Purchase Details

Closed on
Nov 21, 2005
Sold by
Lin Shang Sheng
Bought by
Gomes Joaqim H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oldham John B -- Stewart Title Guaranty Company
Traube Jennifer M $273,000 None Available
Gomes Joaquim H -- None Available
Gomes Joaqim H $565,000 --
Gomes Joaqim H $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oldham John B $788,000
Previous Owner Traube Jennifer M $267,841
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $273,000 -4.2% --
04/08/2016 04/08/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $284,900 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,848 $653,800 $317,700 $336,100
2024 $8,848 $486,700 $317,700 $169,000
2023 $8,703 $450,700 $281,700 $169,000
2022 $7,076 $347,200 $178,200 $169,000
2021 $5,605 $311,200 $142,200 $169,000
2020 $6,842 $302,200 $133,200 $169,000
2019 $6,957 $302,200 $133,200 $169,000
2018 $7,343 $315,700 $146,700 $169,000
2017 $7,368 $315,700 $146,700 $169,000
2016 $6,912 $294,000 $146,700 $147,300
2015 $6,839 $292,900 $146,700 $146,200
2014 $6,722 $292,000 $145,800 $146,200
Source: Public Records

Agents Affiliated with this Home

  • Mark S. Heflin

    Seller's Agent in 2016

    Mark S. Heflin

    RE/MAX

    (908) 256-5327

    74 in this area

    84 Total Sales

    Mark S. Heflin
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Map

Source: Garden State MLS

MLS Number: 3288125

Garden State MLS

APN: 08-00507-38-00012-05

New Jersey Somerset County Somerset 08873

157 Cedar Grove Ln, Somerset, NJ

This home is located at 157 Cedar Grove Ln, Somerset, NJ 08873 since 09 March 2016 and is currently estimated at $583,159. This property was built in 1930. 157 Cedar Grove Ln is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

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