NOT LISTED FOR SALE

178 Cedar Grove Ln Somerset, NJ 08873

Estimated Value: $408,000 - $610,000

-- Bed
-- Bath
960 Sq Ft
$513/Sq Ft Est. Value

About This Home

This home is located at 178 Cedar Grove Ln, Somerset, NJ 08873 and is currently estimated at $492,007, approximately $512 per square foot. 178 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2015
Sold by
Sorce Richard
Bought by
Sorce Richard
Current Estimated Value
$492,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$165,618
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$326,389

Purchase Details

Closed on
Jun 19, 2009
Sold by
Sorce Richard and Sorce Marilia
Bought by
Sorce Richard and Sorce Marilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2003
Sold by
Josten Peter
Bought by
Sorce Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.53%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Sorce Richard -- Genuine Title Agency
Sorce Richard -- Genuine Title Agency
Sorce Richard -- None Available
Sorce Richard $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorce Richard $210,000
Closed Sorce Richard $210,000
Closed Sorce Richard $230,000
Closed Sorce Richard $196,000
Source: Public Records

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 $7,983 $494,100 $319,900 $174,200
2024 $7,983 $439,100 $319,900 $119,200
2023 $7,784 $403,100 $283,900 $119,200
2022 $6,106 $299,600 $180,400 $119,200
2021 $5,839 $263,600 $144,400 $119,200
2020 $5,764 $254,600 $135,400 $119,200
2019 $5,861 $254,600 $135,400 $119,200
2018 $6,303 $271,000 $148,900 $122,100
2017 $6,325 $271,000 $148,900 $122,100
2016 $6,371 $271,000 $148,900 $122,100
2015 $6,328 $271,000 $148,900 $122,100
2014 $6,218 $270,100 $148,000 $122,100
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

178 Cedar Grove Ln, Somerset, NJ

This home is located at 178 Cedar Grove Ln, Somerset, NJ 08873 and is currently estimated at $492,007, approximately $512 per square foot. 178 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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