Check Availability

123 Cedar Grove Lane

123 Cedar Grove Lane, Somerset, NJ 08873
Property in Somerset
This has been categorized as a vacant property type. In total, the area measurement of the land is 126,324 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 123 Cedar Grove Lane sold most recently in Nov 18, 2019 for a total of $640,000. Before that, the property was also sold for $3,200 in Aug 30, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,716 in taxes each year. 123 Cedar Grove Lane was most recently assessed in 2019. During this assessment, the property's total value was estimated to be about $203,800. If we break it down further, the land itself was valued at $203,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 126,324
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 2.9
  • Standard Land Use Code: Vacant land (general)

Ownership

  • Current Owner : FLEET FRANKLIN LLC
  • Previous Owner : HUANG WEN SEN
  • Previous Owner 2: HUANG HUOY LING
  • Owner Before Previous Owner: WEN SEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 054300

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 87
  • District: 08
  • Parcel: 08 00468- 07-00047
  • Block: 468.07
  • Lot: 47
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5226
  • Longitude: -74.5231

    Address

  • Full Address: 123 Cedar Grove Ln
  • Address - House Number: 123
  • Address - Street Name: Cedar Grove
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R003
  • 4-Digit Zip Code: 4718
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $4,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,090,000
  • First Open Lien Mortgage Lender: AMBOY BANK
  • First Open Lien Mortgage Recording Date: Dec 13, 2019
  • First Open Lien Mortgage Loan Amount: $7,090,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Amount keyed is an Aggregate amount

    Market Valuation

  • Market Total Value: $203,800
  • Market Land Value: $203,800

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $203,800
  • Assessed Land Value: $203,800

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Transaction ID: 11716321413
  • Current Sale Price: $640,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019048318
  • Previous Sale Recording Date: Sep 09, 2003
  • Previous Sale Contract Date: Aug 30, 2003
  • Previous Sale Amount: $3,200
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMBOY BANK
  • First Mortgage Transaction Date: Dec 13, 2019
  • First Mortgage Loan Amount: $7,090,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Amount keyed is an Aggregate amount

About Franklin Center



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 123 Cedar Grove Lane located in?
The 123 Cedar Grove Lane is a located in the neighborhood of Somerset in Franklin Center, Somerset.
What is the average sales price for listings in 123 Cedar Grove Lane?
The average sales price for units in 123 Cedar Grove Lane is $0 currently.

Quantcast