NOT LISTED FOR SALE

228 Cedar Grove Ln Somerset, NJ 08873

Estimated Value: $568,000 - $699,000

3 Beds
1.5 Baths
-- Sq Ft
1.03 Acres

Last Sold July 09, 2021

Last sale price $445,000

Est. 45% increase in value since last sale

Current estimated payment $4,208/month

19 Days on Market

Highlights

  • In Ground Pool
  • 1.03 Acre Lot
  • Wood Flooring
  • Custom Home
  • Wooded Lot
  • Formal Dining Room

About This Home

As of July 2021

Don t miss this charming 3 Bedroom Ranch with a beautiful 24x32 Family room addition. Enjoy the view of large private sun-filled backyard with an in-ground swimming pool. Kitchen includes Tumbled marble brick backsplash, and stainless steel appliances...Basement is appx. 1200 SqFt! Just a 3 minute drive to a shopping center and Starbucks. Minutes away from the beautiful Colonial park with recreation features including gardens, a dog park, nature trails & a playground. Great location with access to major highways and transportation. Only a 15 minute drive to the New Brunswick Train Station, and some of the best restaurants in NJ.

Last Agent to Sell the Property

ANAHITA NASRIN

SIGNATURE REALTY NJ Listed on: 04/09/2021

Last Buyer's Agent

ANAHITA NASRIN

SIGNATURE REALTY NJ Listed on: 04/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,819

Year Built

  • Built in 1961

Lot Details

  • 1.03 Acre Lot
  • Fenced
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Custom Home
  • Ranch Style House
  • Slab Foundation
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Formal Dining Room
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Pool Liner

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Well
  • Gas Water Heater
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2708-00423-0001-00022-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,819

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Style: Ranch, Custom Home
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1961
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Stainless Steel Refrigerator, Microwave
  • Street Number Display: 228
  • Directions: Easton Ave. to Cedar Grove Lane
  • I D: 5060604
  • Modified: 2022-07-10
  • Number Images: 19
  • First Name: ANAHITA
  • First Name3: ANAHITA
  • Last Name: NASRIN
  • Last Name3: NASRIN
  • Office Phone: 973-921-1111
  • Office Phone3: 973-921-1111
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Slab, Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 22x11
  • Kitchen Level: First
  • Living Room Dim: 12x24
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 11x7
  • Other Room1 Level: First
  • Phone: 973-921-1111

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Metal Fence, Patio, Storage Shed
  • Pool: Yes
  • Pool Description: In-Ground Pool, Liner
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 8
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Septic
  • Utilities: Gas-Natural
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Lot Info

  • Lot Size: 100X450
  • Assessed Improvement Value: 175000
  • Assessed Land Value: 126200
  • Assessment: 301200
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 22
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.03

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6819
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00423-0001-00022-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.264
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jul 9, 2021
Sold by
Costello Jeffrey C and Costello Kari L
Bought by
Lipsitz Marie and Grillo Peter
Seller's Agent
ANAHITA NASRIN
SIGNATURE REALTY NJ
Buyer's Agent
ANAHITA NASRIN
SIGNATURE REALTY NJ
List Price
$399,000
Sold Price
$445,000
Premium/Discount to List
$46,000
11.53%
Current Estimated Value
$644,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,759
Avg. Annual Appreciation
7.91%
Original Mortgage
$400,500
Outstanding Balance
$367,307
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$243,912

Purchase Details

Listed on
May 29, 2015
Closed on
May 21, 2015
Sold by
Losey William R
Bought by
Costello Jeffrey C and Platt Kart Lynn
Seller's Agent
EUGENE MORETTI
BHHS FOX & ROACH
Buyer's Agent
Tara Mascola
RE/MAX INSTYLE
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$293,584
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lipsitz Marie $445,000 Greater Illinois Title
Costello Jeffrey C $299,900 Golden Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipsitz Marie $400,500
Previous Owner Costello Jeffrey C $293,584
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $445,000 +11.5% --
04/28/2021 04/28/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $399,000 +33.0% --
05/29/2015 05/29/15 Sold $299,900 -- --
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
2024 $8,668 $476,800 $310,700 $166,100
2023 $8,684 $449,700 $274,700 $175,000
2022 $7,056 $346,200 $171,200 $175,000
2021 $6,871 $310,200 $135,200 $175,000
2020 $6,819 $301,200 $126,200 $175,000
2019 $6,934 $301,200 $126,200 $175,000
2018 $7,320 $314,700 $139,700 $175,000
2017 $7,345 $314,700 $139,700 $175,000
2016 $7,399 $314,700 $139,700 $175,000
2015 $7,348 $314,700 $139,700 $175,000
2014 $7,224 $313,800 $138,800 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3703952

Garden State MLS

APN: 08-00423-01-00022