NOT LISTED FOR SALE

50 Cedar Ln Florence, NJ 08518

Estimated Value: $231,000 - $278,000

2 Beds
1 Bath
728 Sq Ft
$351/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $195,000 $268 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,653/month

8 Days on Market

Highlights

  • Rambler Architecture
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • More Than Two Accessible Exits

About This Home

As of February 2023

SELLER HAS ACCEPTED AN OFFER AND REQUESTED NO MORE SHOWINGS. Perfect starter home or if you're looking to downsize to 1 floor living. The roof, siding, gas heat, central air, hot water heater and bathroom have all been updated/replaced in the past few years. The full basement has an extra room for storage, etc. Nice backyard with plenty of room for entertaining or just relaxing.

Last Agent to Sell the Property

Cathy Hutchison

(609) 784-8021 sunny5554@aol.com RE/MAX at Home License #7849121 Listed on: 01/06/2023

RE/MAX at Home

Last Buyer's Agent

Amanda Hoffman

(609) 334-8660 bigredbringsyouhome@gmail.com Realty Mark Advantage License #RS356001

Realty Mark Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1940

Lot Details

  • 5,497 Sq Ft Lot
  • Lot Dimensions are 50.00 x 110.00

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 728 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 15-00080-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,435

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-01-06
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 728
  • Living Area Sq Ft: 728
  • Price Per Sq Ft: 267.17
  • Above Grade Finished Sq Ft: 728
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 56600.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.13
  • Lot Dimensions: 50.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5497.00
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1651533
  • Tax Annual Amount: 3435.00
  • Assessor Parcel Number: 15-00080-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Quarterly
  • Tax Year: 2022

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 9, 2023
Sold by
Lott Barbara J
Bought by
Maugeri Joshua
Seller's Agent
Cathy Hutchison
RE/MAX at Home
Buyer's Agent
Amanda Hoffman
Realty Mark Advantage
List Price
$194,500
Sold Price
$195,000
Premium/Discount to List
$500
0.26%
Views
64
Current Estimated Value
$255,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,674
Avg. Annual Appreciation
9.65%
Original Mortgage
$189,150
Outstanding Balance
$183,374
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$72,300
Source: Public Records
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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
Maugeri Joshua $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maugeri Joshua $189,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2023 02/09/23 Sold $195,000 +0.3% $268 / Sq Ft
01/06/2023 01/06/23 For Sale $194,500 -- $267 / Sq Ft
Source: Bright 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 $3,960 $142,100 $75,000 $67,100
2024 $3,511 $142,100 $75,000 $67,100
2023 $3,511 $131,600 $75,000 $56,600
2022 $3,436 $131,600 $75,000 $56,600
2021 $3,406 $131,600 $75,000 $56,600
2020 $3,393 $131,600 $75,000 $56,600
2019 $3,362 $131,600 $75,000 $56,600
2018 $3,333 $131,600 $75,000 $56,600
2017 $3,293 $131,600 $75,000 $56,600
2016 $3,229 $131,600 $75,000 $56,600
2015 $3,164 $131,600 $75,000 $56,600
2014 $3,075 $131,600 $75,000 $56,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2039054

Bright MLS

APN: 15-00080-0000-00008