98 Commerce Road

Local assessors in Cedar Grove, NJ have categorized 98 Commerce Road as a industrial type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 14,000 square feet. The linear feet between the front and back of the lot was measured at 1,750 ft and the front of the lot was measured at 800 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of concrete block were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 98 Commerce Road was last sold in Mar 30, 2020 for $700,000. Prior to that sales transaction, the property was sold for $499,999 in Jul 20, 2016. Current property owners are expected to pay $11,794 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 98 Commerce Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $460,000. To break that down further, the land itself was valued at $273,600. While improvements to the property were assessed at a total of $186,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.