NOT LISTED FOR SALE

1 Minnisink Rd Short Hills, NJ 07078

Estimated Value: $4,058,290 - $4,707,000

7 Beds
6 Baths
6,155 Sq Ft
$701/Sq Ft Est. Value

Last Sold December 27, 2012

Last sale price $2,412,500 $392 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $28,886/month

About This Home

As of December 2012

This home is located at 1 Minnisink Rd, Short Hills, NJ 07078 since 27 December 2012 and is currently estimated at $4,313,763, approximately $700 per square foot. This property was built in 1906. 1 Minnisink Rd is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

Last Listed By

KAREN E. BIGOS

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-376-8300 Listed on: 12/27/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,877

Year Built

  • 1906

Lot Details

  • 1.2

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,877

Year Built

1906

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 1
  • I D: 4269142
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-376-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Bedrooms: 7
  • Bathrooms: 5.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2020
Sold by
Borofsky Michael and Borofsky Karen
Bought by
Bettman Jordan and Bettman Lauren
Total Days on Market
0
Current Estimated Value
$4,313,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,880,000
Outstanding Balance
$2,601,795
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,836,683

Purchase Details

Listed on
Dec 27, 2012
Closed on
Dec 17, 2012
Sold by
Justich Robert and Justich Diana
Bought by
Borofsky Michael and Borofsky Karen
Seller's Agent
KAREN E. BIGOS
COMPASS NEW JERSEY, LLC
Buyer's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
Sold Price
$2,412,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$1,450,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2007
Sold by
Russo Louis
Bought by
Justich Diana and Justich Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bettman Jordan $3,600,000 Acres Land Title Agency Inc
Borofsky Michael $2,412,500 Prestige Title Agency Inc
Justich Diana $2,795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bettman Jordan $2,880,000
Previous Owner Borofsky Michael $1,665,000
Previous Owner Borofsky Michael $1,672,000
Previous Owner Borofsky Karen $0
Previous Owner Borofsky Michael $1,450,000
Previous Owner Justich Diana $1,500,000
Previous Owner Russo Louis M $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2012 12/27/12 Sold $2,412,500 -- $392 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $56,877 $2,907,800 $1,158,300 $1,749,500
2022 $48,907 $2,517,100 $1,158,300 $1,358,800
2021 $48,781 $2,517,100 $1,158,300 $1,358,800
2020 $48,479 $2,517,100 $1,158,300 $1,358,800
2019 $48,580 $2,517,100 $1,158,300 $1,358,800
2018 $47,875 $2,517,100 $1,158,300 $1,358,800
2017 $46,036 $2,480,400 $1,158,300 $1,322,100
2016 $51,965 $2,412,500 $1,040,000 $1,372,500
2015 $50,783 $2,412,500 $1,040,000 $1,372,500
2014 $48,636 $2,412,500 $1,040,000 $1,372,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 2975289

Garden State MLS

APN: 12-03104-0000-00015