NOT LISTED FOR SALE

319 Cedar Grove Ln Somerset, NJ 08873

Estimated Value: $572,000 - $625,000

3 Beds
2 Baths
-- Sq Ft
1.67 Acres

Last Sold July 11, 2022

Last sale price $490,000

Est. 22% increase in value since last sale

Current estimated payment $3,851/month

55 Days on Market

About This Home

As of July 2022

Renovated 2 family on huge corner property offering a total of 3 bedrooms and 2 baths. Great for investment or owner occupant. It's located nearby parks and restaurants.

Last Agent to Sell the Property

Jacqueline Greco

CHRISTIE'S INTERNATIONAL REAL ESTATE NORTH JERSEY, INC. License #1434986 Listed on: 02/22/2022

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,853

Lot Details

  • 1.67

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 33595

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,853

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Exclusions: Personal Property
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 33595
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 3
  • Basement: Finished, Full
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • First Floor Bedrooms: 3
  • First Full Floor Bathrooms: 2
  • Floor1 Kitchen: 2
  • Floor 1 Living Rooms: 2
  • Fl1 Rooms: 7

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 3+ Cars, Attached, Garage

Utilities

  • Heating/Cooling: Gas

Lot Info

  • Geo Address Line: 319 Cedar Grove Ln
  • Geo Primary City: Somerset
  • Geo Quality: 0.95
  • Geo Update Timestamp: 02/23/2022
  • Geo Zoom Level: 16

Tax Info

  • Taxes: 5853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Jun 21, 2022
Sold by
New Jersey Tabernacle Inc
Bought by
Ponce Ascencion Xelhua
Seller's Agent
Jacqueline Greco
CHRISTIE'S INTERNATIONAL REAL ESTATE NORTH JERSEY, INC.
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$598,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,462
Avg. Annual Appreciation
6.41%
Original Mortgage
$416,500
Outstanding Balance
$396,796
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$201,666

Purchase Details

Closed on
May 13, 2014
Sold by
Mistretta Vito A
Bought by
New Jersey Tabernacle Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2007
Sold by
Mistretta Vito A
Bought by
County Of Somerset
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
Ponce Ascencion Xelhua $490,000 Group 21 Title
Xelhua Ponce Ascencion $490,000 Group 21 Title
New Jersey Tabernacle Inc $580,000 Multiple
County Of Somerset $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xelhua Ponce Ascencion $416,500
Closed Xelhua Ponce Ascencion $416,500
Previous Owner New Jersey Tabernacle Inc $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $490,000 0.0% --
04/18/2022 04/18/22 Pending -- -- --
03/09/2022 03/09/22 Price Changed $490,000 -2.0% --
02/22/2022 02/22/22 For Sale $500,000 -- --
Source: Hudson County 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 $8,152 $505,500 $324,700 $180,800
2024 $8,152 $448,400 $324,700 $123,700
2023 $7,963 $412,400 $288,700 $123,700
2022 $6,295 $308,900 $185,200 $123,700
2021 $5,971 $272,900 $149,200 $123,700
2020 $5,975 $263,900 $140,200 $123,700
2019 $6,075 $263,900 $140,200 $123,700
2018 $6,452 $277,400 $153,700 $123,700
2017 $6,475 $277,400 $153,700 $123,700
2016 $6,522 $277,400 $153,700 $123,700
2015 $6,477 $277,400 $153,700 $123,700
2014 $6,365 $276,500 $152,800 $123,700
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Greco

    Seller's Agent in 2022

    Jacqueline Greco

    CHRISTIE'S INTERNATIONAL REAL ESTATE NORTH JERSEY, INC.

    (201) 744-3579

    1 in this area

    37 Total Sales

    Jacqueline Greco
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MEMBER NON-MEMBER

    NON-MEMBER

See All Agents

Map

Source: Hudson County MLS

MLS Number: 220003174

Hudson County MLS

APN: 08-00508-02-00043

New Jersey Somerset County Somerset 08873

319 Cedar Grove Ln, Somerset, NJ

This home is located at 319 Cedar Grove Ln, Somerset, NJ 08873 since 22 February 2022 and is currently estimated at $598,462. 319 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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