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16 Oak Grove Lane

16 Oak Grove Lane, Edison, NJ 08820
Property in Middlesex
Sold Dec 05, 2013
$450,000
$360,000 by New Jersey Lenders Corp
Mortgage Due Dec 01, 2043
16 Oak Grove Lane has been categorized by the local assessors in Edison, NJ as a residential type of property. The building on the property was first built in 1957 and is 67 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 16 Oak Grove Lane has 4,472 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,320 ft and across the front of the lot is 1,350 ft. The area measurement of the land has been determined as 25,300 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. The property was last sold in Nov 15, 2013 for $450,000. That's $100.63 per sqft. 16 Oak Grove Lane was last assessed in 2023. The total value of the property was assessed at $444,000. Specifically, the land the property is located on was valued at $171,000. While improvements on the property were assessed at a total of $273,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $25,330. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,300
  • Lot Size Depth Feet: 2,320
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 4,472
  • Building Area: 4,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK GROVE
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE CHUNG M
  • Current Owner 2: LEE GARLING MOY
  • Previous Owner : BONK MARIE A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Edison Township School District
  • Census Tract: 001415

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: TAX MAP 157
  • District: 05
  • Parcel: 05 00557- 07-00018
  • Block: 557.07
  • Lot: 18
  • Municipality: EDISON TWP
  • Latitude: 40.5588
  • Longitude: -74.3685

    Address

  • Full Address: 16 Oak Grove Ln
  • Address - House Number: 16
  • Address - Street Name: Oak Grove
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Edison
  • Carrier Code: C056
  • 4-Digit Zip Code: 3620
  • Zip Code: 08820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,330

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 1,268,042
  • High Value: 1,463,160
  • Low Value: 1,072,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Dec 05, 2013
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2043

    Market Valuation

  • Market Total Value: $444,000
  • Market Land Value: $171,000
  • Market Improvement Value: $273,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,000
  • Assessed Land Value: $171,000
  • Assessed Improvements Value: $273,000

    Sales

  • Current Sale Contract Date: Nov 15, 2013
  • Current Sale Recording Date: Dec 05, 2013
  • Current Sale Transaction ID: 1192197647
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201312050305

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Dec 05, 2013
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2043

About Middlesex



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Frequently Asked Questions

What neighborhood is 16 Oak Grove Lane located in?
The 16 Oak Grove Lane is a located in the neighborhood of Middlesex in Middlesex, Edison.
What is the average sales price for listings in 16 Oak Grove Lane?
The average sales price for units in 16 Oak Grove Lane is $0 currently.

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