NOT LISTED FOR SALE

732 Cherry Tree Ln Lawrence Township, NJ 08648

Estimated Value: $462,000 - $537,633

-- Bed
-- Bath
2,472 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 30, 2015

Last sale price $262,000 $106 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,491/month

177 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Parking Storage or Cabinetry
  • Lawrence High School Rated A-
  • 2 Car Detached Garage
  • En-Suite Primary Bedroom

About This Home

As of March 2015

Located in desirable Lawrence Township, this two-unit dwelling has so much room! First floor unit offers two bedrooms, two full baths, an extra room for study or office, central air and access to the full basement for storage. The second floor unit has two bedrooms, one full bath and access to the attic for storage. Window a/c units on 2nd floor. Additional perks to this property is the large parking area, detached 2-car garage with separate rear access door to office or hobby space, lending to three more opportunities for generating income!

Last Agent to Sell the Property

Bogdan Fraczkowski

ERA Central Realty Group - Cream Ridge Listed on: 07/23/2014

ERA Central Realty Group - Cream Ridge

Last Buyer's Agent

Ali Chaudrhry

Weichert Realtors - Princeton

Weichert Realtors - Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,262

Year Built

  • Built in 1930

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 86x320
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Parking Storage or Cabinetry

Home Design

  • Converted Dwelling
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,472 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Laundry in unit

Flooring

  • Wood
  • Tile or Brick

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $6,262

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 07-01104-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,262

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement, Attic, Garage
  • Year Built: 1930
  • Remarks Public: Located in desirable Lawrence Township, this two-unit dwelling has so much room! First floor unit offers two bedrooms, two full baths, an extra room for study or office, central air and access to the full basement for storage. The second floor unit has two bedrooms, one full bath and access to the attic for storage. Window a/c units on 2nd floor. Additional perks to this property is the large parking area, detached 2-car garage with separate rear access door to office or hobby space, lending to three more opportunities for generating income!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2472
  • Living Area Sq Ft: 2472
  • Price Per Sq Ft: 115.25
  • Above Grade Finished Sq Ft: 2472
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 732

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LAWRENCE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397290

Lot Info

  • Improvement Assessed Value: 176700.00
  • Land Assessed Value: 62300.00
  • Lot Size Acres: 0.63
  • Lot Dimensions: 86X320
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27520.00
  • Property Condition: Good
  • Zoning: R-4

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2127542
  • Tax Annual Amount: 6262.00
  • Assessor Parcel Number: 07-01104-00017
  • Tax Lot: 00017
  • Tax Year: 2014
  • Close Date: 03/30/2015

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Mar 30, 2015
Sold by
Hemsey Wioletta and Hemsey Abraham
Bought by
Iqbal Asif and Yasmeem Shameem
Seller's Agent
Bogdan Fraczkowski
ERA Central Realty Group - Cream Ridge
Buyer's Agent
Ali Chaudrhry
Weichert Realtors - Princeton
List Price
$299,900
Sold Price
$262,000
Premium/Discount to List
-$37,900
-12.64%
Current Estimated Value
$527,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,123
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Sep 14, 2005

Purchase Details

Closed on
Feb 9, 1996
Sold by
Sandoval Anibal
Bought by
Traskus Lucjan and Traskus Wioleta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Iqbal Asif $262,000 Allstates Title Services Inc
-- -- --
Traskus Lucjan $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Traskus Lucjan $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2015 03/30/15 Sold $262,000 -12.6% $106 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
07/23/2014 07/23/14 For Sale $299,900 -- $121 / 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
2024 $7,256 $239,000 $62,300 $176,700
2023 $7,256 $239,000 $62,300 $176,700
2022 $7,125 $239,000 $62,300 $176,700
2021 $7,034 $239,000 $62,300 $176,700
2020 $6,936 $239,000 $62,300 $176,700
2019 $6,847 $239,000 $62,300 $176,700
2018 $6,692 $239,000 $62,300 $176,700
2017 $6,661 $239,000 $62,300 $176,700
2016 $6,563 $239,000 $62,300 $176,700
2015 $6,381 $239,000 $62,300 $176,700
2014 $6,262 $239,000 $62,300 $176,700
Source: Public Records

Agents Affiliated with this Home

  • Bogdan Fraczkowski

    Seller's Agent in 2015

    Bogdan Fraczkowski

    ERA Central Realty Group - Cream Ridge

    (732) 404-7857

    9 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Ali Chaudrhry

    Weichert Corporate

    (609) 902-0709

    4 in this area

    20 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003018964

Bright MLS

APN: 07-01104-0000-00017

New Jersey Mercer County Lawrence Township Cumberland

732 Cherry Tree Ln, Lawrence Township Cumberland, NJ

This home is located at 732 Cherry Tree Ln, Lawrence Township, NJ 08648 since 23 July 2014 and is currently estimated at $498,408, approximately $201 per square foot. This property was built in 1930. 732 Cherry Tree Ln is a home located in Mercer County with nearby schools including Lawrence High School, Paul Robeson Charter School For The Humanities, and Islamic School Of Trenton/Al-Bayaan Academy.

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.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes