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62 New Cedar Lane

62 New Cedar Lane, Trenton, NJ 08610
Property in Mercer
Sold Apr 22, 1994
$75,000
$50,000 by Lumbermens Mtg Corp
Mortgage
62 New Cedar Lane in Trenton, NJ was first built in 1940 and is 84 years old. This has been categorized as a residential property type. It is a single story home. 62 New Cedar Lane has 1,088 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 360 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 3,600 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 62 New Cedar Lane sold most recently in Mar 25, 1994 for a total of $75,000. If you work out the math, that's approximately a cost of $68.93 per sqft. 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 $4,298 in taxes each year. 62 New Cedar Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $132,200. If we break it down further, the land itself was valued at $27,200. Improvements to the property, however, were assessed at a total of $105,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 360
  • Total Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 06457-/FACILITY NAME: DEED# 124049

Ownership

  • Current Owner : LAUX FRED
  • Current Owner 2: LAUX MARGARET
  • Previous Owner : SNYDER EARL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton Township School District
  • Census Tract: 002500

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 242
  • District: 03
  • Parcel: 03 02247-0000-00008
  • Block: 2247
  • Lot: 8
  • Municipality: HAMILTON TWP
  • Latitude: 40.1988
  • Longitude: -74.7339

    Address

  • Full Address: 62 New Cedar Ln
  • Address - House Number: 62
  • Address - Street Name: New Cedar
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Trenton
  • Carrier Code: C064
  • 4-Digit Zip Code: 6327
  • Zip Code: 08610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,298

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 66
  • Final Value: 233,319
  • High Value: 289,476
  • Low Value: 177,163

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: LUMBERMENS MTG CORP
  • First Open Lien Mortgage Recording Date: Apr 22, 1994
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $132,200
  • Market Land Value: $27,200
  • Market Improvement Value: $105,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,200
  • Assessed Land Value: $27,200
  • Assessed Improvements Value: $105,000

    Sales

  • Current Sale Contract Date: Mar 25, 1994
  • Current Sale Recording Date: Apr 22, 1994
  • Current Sale Transaction ID: 1119732730
  • Current Sale Price: $75,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUMBERMENS MTG CORP
  • First Mortgage Transaction Date: Apr 22, 1994
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Mercer



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Frequently Asked Questions

What neighborhood is 62 New Cedar Lane located in?
The 62 New Cedar Lane is a located in the neighborhood of Mercer in Mercer, Trenton.
What is the average sales price for listings in 62 New Cedar Lane?
The average sales price for units in 62 New Cedar Lane is $0 currently.

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