NOT LISTED FOR SALE

54 Lakewood Ave Cedar Grove, NJ 07009

Estimated Value: $729,223 - $835,000

4 Beds
1.5 Baths
1,639 Sq Ft
$479/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $499,000 $304 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,308/month

24 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Deck
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of July 2017

Picture perfect four bedroom, one and a half bathroom Cape Cod on one of Cedar Grove's most desirable streets. The charm of this striking home exudes even before you enter through the Dutch door. The kitchen with breakfast bar, stainless steel appliances and granite countertops leads out to the oversized deck. Overlooking the backyard and the woods of the Cedar Grove Reservoir and Lenape Trail, this tranquil location is ideal. The living room has a wood burning fireplace and six steps up leads you to a private bedroom, currently used as a playroom. Up the main stairs is a full bathroom and three bedrooms. The master has a walk-in closet and charming window seat with views of the back yard. The basement is partially finished and although not currently used, could be a great family room with high ceilings.

Last Agent to Sell the Property

Jeremy Gulish

KELLER WILLIAMS METROPOLITAN Listed on: 04/15/2017

KELLER WILLIAMS METROPOLITAN

Last Buyer's Agent

Ed Muscara

RE/MAX WEST

RE/MAX WEST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,320

Year Built

  • Built in 1946

Lot Details

  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 1,639 Sq Ft Home
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • North End Elementary School
  • Memorial Middle School
  • Cedar Grov High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1604-00250-0000-00022-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,320

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1946
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Foyer Chandelier, Freezer&Fridge in basement, Kids Curtains, Window ACs
  • Street Number Display: 54
  • Directions: Right on Cedar Grove Road Continue on Little Falls Road Left on Bowden Road Left onto Lakewood
  • I D: 4704636
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Reservoir
  • First Name: JEREMY
  • First Name3: EDWARD
  • Last Name: GULISH
  • Last Name3: MUSCARA
  • Office Phone: 279542
  • Office Phone3: 973-768-3300
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Sump Pump
  • Interior Amenities: Drapes, TubShowr, Walk-In Closet, Blinds, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 4
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Separate Dining Area
  • Kitchen Dim: 13x10
  • Kitchen Level: First
  • Living Room Dim: 22x14
  • Living Room Level: First
  • Other Room1 Level: Second
  • Level 1 Rooms: Kitchen, Powder Room, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms
  • Estimated Sq Ft: 1639
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Deck, Storage Shed, Metal Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: NORTH END
  • Middle School: MEMORIAL
  • High School: CEDAR GROV
  • High School: CEDAR GROV
  • Middle Jr High School: MEMORIAL

Lot Info

  • Lot Size: 100X145
  • Assessed Improvement Value: 170000
  • Assessed Land Value: 248700
  • Assessment: 418700
  • Easement: Unknown
  • Lot Identifier: 22
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9320
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1604-00250-0000-00022-0000-
  • Tax Rate Amount: 2.226
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: NORTH END

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jun 23, 2017
Sold by
Locascio Joseph and Locascio Kristen
Bought by
Leary James O and Leary Kristin O
Seller's Agent
Jeremy Gulish
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Ed Muscara
RE/MAX WEST
List Price
$479,000
Sold Price
$499,000
Premium/Discount to List
$20,000
4.18%
Current Estimated Value
$791,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,394
Avg. Annual Appreciation
5.78%
Original Mortgage
$399,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2008
Sold by
Rea Patricia
Bought by
Locascio Joseph and Locascio Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Leary James O $499,000 Evident Title Agency Inc
Locascio Joseph $450,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oleary James $382,550
Closed Leary James O $399,000
Previous Owner Locascio Kristen E $375,900
Previous Owner Locascio Joseph $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $499,000 +4.2% $304 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $479,000 -- $292 / 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 $11,244 $430,800 $248,700 $182,100
2024 $11,244 $430,800 $248,700 $182,100
2022 $11,046 $430,800 $248,700 $182,100
2021 $10,912 $430,800 $248,700 $182,100
2020 $10,761 $418,700 $248,700 $170,000
2019 $10,514 $418,700 $248,700 $170,000
2018 $10,032 $418,700 $248,700 $170,000
2017 $9,923 $418,700 $248,700 $170,000
2016 $9,618 $418,700 $248,700 $170,000
2015 $9,396 $418,700 $248,700 $170,000
2014 $9,203 $418,700 $248,700 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3379361

Garden State MLS

APN: 04-00250-0000-00022