$575,000
SOLD JUL 25, 2025

298 Cedar Grove Ln Somerset, NJ 08873

3 Beds
1 Bath
-- Sq Ft
0.69 Acres

Recently Sold

2% Below List Price

37 Days on Market

About This Home

As of July 2025

This home is located at 298 Cedar Grove Ln, Somerset, NJ 08873 and is currently priced at $575,000. 298 Cedar Grove Ln is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Cedar Hill Preparatory School.

Last Agent to Sell the Property

LEAH MARINO

RE/MAX COMPETITIVE EDGE Brokerage Phone: 732-548-5555 Listed on: 05/14/2025

RE/MAX COMPETITIVE EDGE

Last Buyer's Agent

Mark Taylor

RE/MAX ACHIEVERS

RE/MAX ACHIEVERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,143

Lot Details

  • 0.69 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,143

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 298
  • I D: 5355811
  • Modified: 2025-07-25
  • Number Images: 0
  • Attribution Contact: 732-548-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 100X300
  • Total Acres: 0.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Jul 24, 2025
Sold by
Nazar Dolores and Marino Nancy L
Bought by
Soni Shubham and Rana Anika
Seller's Agent
LEAH MARINO
RE/MAX COMPETITIVE EDGE
Buyer's Agent
Mark Taylor
RE/MAX ACHIEVERS
List Price
$585,000
Sold Price
$575,000
Premium/Discount to List
-$10,000
-1.71%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.14%
Original Mortgage
$546,250
Outstanding Balance
$545,785
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$25,582
Source: Public Records

Range of Values:

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ICE

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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 Type Sale Price Title Company
Deed $575,000 Sunnyside Title
Deed $575,000 Sunnyside Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $546,250 New Conventional
Closed $546,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Sold $575,000 -1.7% --
06/20/2025 06/20/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $585,000 -- --
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 $8,143 $514,700 $303,200 $211,500
2024 $8,143 $447,900 $303,200 $144,700
2023 $7,954 $411,900 $267,200 $144,700
2022 $6,285 $308,400 $163,700 $144,700
2021 $6,034 $272,400 $127,700 $144,700
2020 $5,963 $263,400 $118,700 $144,700
2019 $6,063 $263,400 $118,700 $144,700
2018 $6,441 $276,900 $132,200 $144,700
2017 $6,463 $276,900 $132,200 $144,700
2016 $6,510 $276,900 $132,200 $144,700
2015 $6,466 $276,900 $132,200 $144,700
2014 $6,354 $276,000 $131,300 $144,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3962839

Garden State MLS

APN: 08-00423-01-00010