224 Cedar Grove Ln Somerset, NJ 08873
Estimated Value: $621,000 - $730,000
--
Bed
--
Bath
2,216
Sq Ft
$294/Sq Ft
Est. Value
About This Home
This home is located at 224 Cedar Grove Ln, Somerset, NJ 08873 and is currently estimated at $650,803, approximately $293 per square foot. 224 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
Oct 26, 2004
Sold by
Wines Arthur F
Bought by
Reyes Andres E and Reyes Barbara W
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
5.74%
Purchase Details
Closed on
Apr 30, 2001
Sold by
Yannetta Jacob
Bought by
Wines Arthur
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.85%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Reyes Andres E | $398,000 | -- | |
Wines Arthur | $215,000 | -- | |
Wines Arthur | $215,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Reyes Andres | $48,700 | |
Open | Reyes Andres E | $293,584 | |
Closed | Reyes Andres E | $318,400 | |
Previous Owner | Wines Arthur | $193,500 |
Source: Public Records
Tax History Compared to Growth
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 | $9,095 | $587,800 | $310,700 | $277,100 |
2024 | $9,095 | $500,300 | $310,700 | $189,600 |
2023 | $8,966 | $464,300 | $274,700 | $189,600 |
2022 | $7,353 | $360,800 | $171,200 | $189,600 |
2021 | $7,194 | $324,800 | $135,200 | $189,600 |
2020 | $7,150 | $315,800 | $126,200 | $189,600 |
2019 | $7,270 | $315,800 | $126,200 | $189,600 |
2018 | $7,727 | $332,200 | $139,700 | $192,500 |
2017 | $7,754 | $332,200 | $139,700 | $192,500 |
2016 | $7,810 | $332,200 | $139,700 | $192,500 |
2015 | $7,757 | $332,200 | $139,700 | $192,500 |
2014 | $7,627 | $331,300 | $138,800 | $192,500 |
Source: Public Records
Map
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