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38 Cedar Grove Lane

38 Cedar Grove Lane, Somerset, NJ 08873
Property in Somerset
This has been categorized as a vacant property type. The linear feet across the front of the lot is 1,100 ft and the linear feet between the front and back of the lot is 5,690. In total, the area measurement of the land is 62,590 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, 38 Cedar Grove Lane sold most recently in Feb 16, 2022 for a total of $280,000. Before that, the property was also sold for $150,000 in Feb 10, 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 $4,814 in taxes each year. 38 Cedar Grove Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $249,300. If we break it down further, the land itself was valued at $249,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 62,590
  • Lot Size Depth Feet: 5,690
  • Lot Size Frontage Feet: 1,100
  • 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: 1.437
  • Standard Land Use Code: Vacant land (general)

Ownership

  • Current Owner : SINGH GURVINDERPAL
  • Previous Owner : ANTONIOS NINOS
  • Owner Before Previous Owner: MISILO TEKLA

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 054302

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 86
  • District: 08
  • Parcel: 08 00424- 02-00012- 03
  • Block: 424.02
  • Lot: 12.03
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5308
  • Longitude: -74.511

    Address

  • Full Address: 38 Cedar Grove Ln
  • Address - House Number: 38
  • Address - Street Name: Cedar Grove
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R003
  • 4-Digit Zip Code: 1373
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,814

    Market Valuation

  • Market Total Value: $246,563
  • Market Land Value: $246,563

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,300
  • Assessed Land Value: $249,300

    Sales

  • Current Sale Contract Date: Feb 16, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Transaction ID: 11885171767
  • Current Sale Price: $280,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 15525
  • Previous Sale Recording Date: Feb 24, 2003
  • Previous Sale Contract Date: Feb 10, 2003
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: MITCHELL RIEDER
  • Previous Mortgage Transaction Date: Feb 24, 2003
  • Previous Mortgage Loan Amount: $105,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 38 Cedar Grove Lane located in?
The 38 Cedar Grove Lane is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 38 Cedar Grove Lane?
The average sales price for units in 38 Cedar Grove Lane is $0 currently.

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