NOT LISTED FOR SALE

24 Cedar Ln E Maplewood, NJ 07040

Estimated Value: $957,000 - $1,053,000

3 Beds
3 Baths
1,067 Sq Ft
$950/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $839,000 $786 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,846/month

10 Days on Market

About This Home

As of April 2023

This home is located at 24 Cedar Ln E, Maplewood, NJ 07040 since 31 January 2023 and is currently estimated at $1,013,321, approximately $949 per square foot. This property was built in 1870. 24 Cedar Ln E is a home located in Essex County with nearby schools including Delia Bolden Elementary School, Maplewood Middle School, and Columbia Senior High School.

Last Agent to Sell the Property

KEN KRASNER

COLDWELL BANKER REALTY Brokerage Phone: 973-378-8300 Listed on: 01/31/2023

Last Buyer's Agent

Richard Stanton

STANTON COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,422

Year Built

  • Built in 1870

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,422

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Year Built: 1870
  • County Name: Essex
  • Street Number Display: 24
  • I D: 5196617
  • Modified: 2024-04-06
  • Number Images: 1
  • Attribution Contact: 973-378-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Apr 2, 2023
Sold by
Foley Michael and Foley Christopher
Bought by
Fosselman Michael and Fosselman Natalia
Seller's Agent
KEN KRASNER
COLDWELL BANKER REALTY
Buyer's Agent
Richard Stanton
STANTON COMPANY
List Price
$789,000
Sold Price
$839,000
Premium/Discount to List
$50,000
6.34%
Views
80
Current Estimated Value
$1,013,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,321
Avg. Annual Appreciation
7.81%
Original Mortgage
$629,250
Outstanding Balance
$611,921
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$401,400

Purchase Details

Listed on
Dec 29, 2015
Closed on
Dec 23, 2015
Sold by
Schwarz-Syed Jennifer and Syed Asim
Bought by
Foley Michael and Lukacs Christopher
Seller's Agent
FRANCINE LICHTMAN
HEARTH REALTY GROUP
Buyer's Agent
KEN KRASNER
COLDWELL BANKER REALTY
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$382,936
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2005
Sold by
Biebel Mark
Bought by
Syed Asim and Syed Jennifer Schwarz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,320
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2004
Sold by
Quinn Francis
Bought by
Biebel Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.8%
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
Fosselman Michael $839,000 Foundation Title
Foley Michael $390,000 Main Street Title & Settlement
Syed Asim $422,900 --
Biebel Mark $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fosselman Michael $629,250
Previous Owner Foley Michael $382,936
Previous Owner Syed Asim $338,320
Previous Owner Biebel Mark $220,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2023 04/05/23 Sold $839,000 +6.3% $786 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $789,000 +104.9% $739 / Sq Ft
12/29/2015 12/29/15 Sold $385,000 -- $361 / Sq Ft View Prior Sale
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 $17,422 $859,200 $485,000 $374,200
2024 $17,422 $859,200 $485,000 $374,200
2023 $16,988 $481,800 $270,000 $211,800
2022 $16,988 $481,800 $270,000 $211,800
2021 $13,126 $383,900 $270,000 $113,900
2020 $12,753 $383,900 $270,000 $113,900
2019 $12,385 $383,900 $270,000 $113,900
2018 $12,066 $383,900 $270,000 $113,900
2017 $11,705 $383,900 $270,000 $113,900
2016 $12,463 $338,200 $215,000 $123,200
2015 $12,175 $338,200 $215,000 $123,200
2014 $11,918 $338,200 $215,000 $123,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3826731

Garden State MLS

APN: 11-00015-02-00016