NOT LISTED FOR SALE

313 Cedar Grove Ln Somerset, NJ 08873

Estimated Value: $513,104 - $548,000

3 Beds
2 Baths
1,080 Sq Ft
$489/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $380,000 $352 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,408/month

12 Days on Market

Highlights

  • 0.82 Acre Lot
  • Deck
  • Eat-In Country Kitchen
  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Oversized Parking

About This Home

As of June 2021

Welcome home to this beautiful 3 bedrooms, 2 full baths charming cape. Fully renovated in 2003, the home features a spacious and light filled living room, kitchen with raised panel oak cabinets, spacious baths with custom ceramic tiles, and a large unfinished basement. You will find 1 bedroom and full bathroom with Corian countertop on the main level. Two additional bedrooms complete the 2nd level with a gorgeous hallway custom cedar closet. Enjoy outdoor entertainment in a privately fenced backyard with a 27'x 13' custom deck. Plenty of parking in a double car wide driveway. Large oversized detached garage/workshop is a bonus to the property. Home sits in almost 1 acre of land(.81 acres). Conveniently located by major highways, shops, restaurants, and the gorgeous Colonial Park this home will not last!

Last Agent to Sell the Property

Bina Patel

HALO REALTY PROPERTIES LLC Listed on: 03/23/2021

Last Buyer's Agent

Yasmine Greene

GRAND GREENE REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,885

Year Built

  • Built in 1950

Lot Details

  • 0.82 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,080 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Family or Dining Combination
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Window Unit Cooling System
  • Standard Electricity
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2708-00508-0002-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,885

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 313
  • Directions: From rt 287 take exit 10 to Easton Ave turn to Cedar Grove Lane orFrom Hamilton St. turn right Cedar Grove Lane
  • I D: 5056408
  • Modified: 2022-06-16
  • Number Images: 20
  • First Name: BINA
  • First Name3: YASMINE
  • Last Name: PATEL
  • Last Name3: GREENE
  • Office Phone: 848-229-1810
  • Office Phone3: 973-206-2128
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Washer, Water Softener-Own
  • Number Rooms: 5
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Country Kitchen, Eat-In Kitchen
  • Living Room Dim: 26x12
  • Level 1 Rooms: 1 Bedroom, Bath Main, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Estimated Sq Ft: 1080
  • Phone: 848-229-1810

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Privacy Fence, Storage Shed, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Loft Storage, Oversize Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Hard Surface

Utilities

  • Cooling: Ceiling Fan, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Lot Size: 100X356
  • Assessed Improvement Value: 94300
  • Assessed Land Value: 121500
  • Assessment: 215800
  • Lot Description: Level Lot
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.82

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4885
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00508-0002-00017-0000-
  • 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
Mar 23, 2021
Closed on
Jun 11, 2021
Sold by
Patel Atul H and Patel Neelam
Bought by
Mangroo Christine
Seller's Agent
Bina Patel
HALO REALTY PROPERTIES LLC
Buyer's Agent
Yasmine Greene
GRAND GREENE REALTY LLC
List Price
$359,000
Sold Price
$380,000
Premium/Discount to List
$21,000
5.85%
Current Estimated Value
$528,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,526
Avg. Annual Appreciation
7.99%
Original Mortgage
$350,000
Outstanding Balance
$317,571
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$210,955

Purchase Details

Closed on
Jul 13, 2005
Sold by
Dodge N P
Bought by
Patel Atul H and Patel Neelam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.67%

Purchase Details

Closed on
May 14, 2005
Sold by
Karam Joseph
Bought by
Dodge N P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.67%

Purchase Details

Closed on
Jul 18, 2003
Sold by
Ulrich Janice
Bought by
Karam Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.28%

Purchase Details

Closed on
Feb 7, 1992
Sold by
Miller Brian and Miller Donna M
Bought by
Hoffmann Jeffrey and Hoffmann Ulrich,Janice
Source: Public Records

Range of Values:

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Average Value
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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
Mangroo Christine $380,000 Guardian Title Services Llc
Patel Atul H $353,000 --
Dodge N P $353,000 --
Karam Joseph $290,000 --
Hoffmann Jeffrey $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangroo Christine $350,000
Previous Owner Patel Atul H $320,000
Previous Owner Karam Joseph $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $380,000 +5.8% $352 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $359,000 -- $332 / Sq Ft
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 $7,277 $443,900 $306,000 $137,900
2024 $7,277 $400,300 $306,000 $94,300
2023 $7,035 $364,300 $270,000 $94,300
2022 $5,315 $260,800 $166,500 $94,300
2021 $4,979 $224,800 $130,500 $94,300
2020 $4,886 $215,800 $121,500 $94,300
2019 $4,968 $215,800 $121,500 $94,300
2018 $5,334 $229,300 $135,000 $94,300
2017 $5,352 $229,300 $135,000 $94,300
2016 $5,391 $229,300 $135,000 $94,300
2015 $5,354 $229,300 $135,000 $94,300
2014 $5,258 $228,400 $134,100 $94,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bina Patel

    HALO REALTY PROPERTIES LLC

    (732) 669-2777

    7 in this area

    134 Total Sales

    Bina Patel
    Section Image
  • Yasmine Greene

    Buyer's Agent in 2021

    Yasmine Greene

    GRAND GREENE REALTY LLC

    (908) 265-1764

    1 in this area

    16 Total Sales

    Yasmine Greene
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3699940

Garden State MLS

APN: 08-00508-02-00017

New Jersey Somerset County Somerset 08873

313 Cedar Grove Ln, Somerset, NJ

This home is located at 313 Cedar Grove Ln, Somerset, NJ 08873 since 23 March 2021 and is currently estimated at $528,526, approximately $489 per square foot. This property was built in 1950. 313 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.

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