NOT LISTED FOR SALE

40 Laura Dr Cedar Grove, NJ 07009

Estimated Value: $490,732 - $2,615,000

0.92 Acre
$1,687,898 Price per Acre
40,000 Sq Ft Lot

Sale Details

Date Sold: September 10, 2021

Last sale price $399,000

Est. 289% increase in value since last sale

Current estimated payment $8,880 / mo

329 Days on Market

About This Lot

As of September 2021

This home is located at 40 Laura Dr, Cedar Grove, NJ 07009 since 03 August 2020 and is currently estimated at $1,552,866. 40 Laura Dr is a home located in Essex County with nearby schools including Cedar Grove High School, St Catherine Of Siena School, and Monarch Montessori School.

Last Agent to Sell the Property

Maryam Altadouka

REALTY ONE GROUP LEGEND Brokerage Phone: 973-686-7777 Listed on: 08/03/2020

REALTY ONE GROUP LEGEND

Last Buyer's Agent

Hanan Altaai

MODERN REALTY GROUP

Property Details

Property Type

  • Land

Lot Details

  • 40,000 Sq Ft Lot

Property Details

Property Type

Land

Lot Details

0.92 Acres

Listing Details

  • County Name: Essex
  • I D: 5003975
  • Attribution Contact: 973-686-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 40000 SQ FT
  • Total Acres: 0.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2025
Sold by
Altaai Asaad and Altaai Hanan
Bought by
Altaai Asaad and Altaai Hanan
Current Estimated Value
$1,552,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Outstanding Balance
$1,885,148
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$332,282

Purchase Details

Closed on
Jun 8, 2021
Sold by
Khan Muhammad B and Khan Fatna C
Bought by
Altaai Asaad and Altaai Hanan

Purchase Details

Closed on
Aug 20, 2009
Sold by
Khan Muhammad B and Khan Fatima C
Bought by
Khan Muhammad B and Khan Fatina C

Purchase Details

Closed on
Feb 2, 2004
Sold by
Felice Louis
Bought by
Khan Muhammad and Khan Fatna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Altaai Asaad -- None Listed On Document
Altaai Asaad $399,000 Main Street Title
Khan Muhammad B -- None Available
Khan Muhammad $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altaai Asaad $1,890,000
Previous Owner Khan Muhammad $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $399,000 0.0% --
06/28/2021 06/28/21 Pending -- -- --
02/25/2021 02/25/21 Price Changed $399,000 -6.1% --
10/29/2020 10/29/20 Price Changed $425,000 -15.0% --
08/03/2020 08/03/20 For Sale $500,000 -- --
Source: Garden State MLS

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 $7,758 $296,800 $296,800 --
2024 $7,746 $296,800 $296,800 --
2022 $7,610 $296,800 $296,800 $0
2021 $7,518 $296,800 $296,800 $0
2020 $7,628 $296,800 $296,800 $0
2019 $7,453 $296,800 $296,800 $0
2018 $7,111 $296,800 $296,800 $0
2017 $7,034 $296,800 $296,800 $0
2016 $6,818 $296,800 $296,800 $0
2015 $6,660 $296,800 $296,800 $0
2014 $6,524 $296,800 $296,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3653336

Garden State MLS

APN: 04-00180-0000-00046

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