NOT LISTED FOR SALE

1 Ridge Terrace Short Hills, NJ 07078

Estimated Value: $1,318,000 - $1,667,000

3 Beds
3 Baths
2,080 Sq Ft
$712/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $885,000 $425 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $9,516/month

43 Days on Market

Highlights

  • Family Room with Fireplace
  • 3-minute walk to Short Hills
  • Marble Flooring
  • Glenwood Elementary School Rated A+
  • Recreation Room
  • Tudor Architecture

About This Home

As of August 2018

Location, location, location! Beautiful 3BD/1.2BA Tudor set in the heart of Glenwood. Mere steps to the Short Hills Train Station and top rated Glenwood Elementary School. Host to impress in the light-filled formal dining room. The formal living room has beam ceilings, stone fireplace, and built-in shelving to showcase your collections. The updated kitchen features stainless appliances, ample granite counters, wet bar, and views of the relaxed family room. There's a main level office, perfect for those who work from home, and french doors leading to the private and spacious backyard. Upstairs you'll find three bedrooms, including the spacious master with birds-eye views, and a convenient hall bath. The finished lower level is home to a recreation room and laundry area.

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Listed on: 05/29/2018

Co-Listed By

MEGHAN GRUCHACZ

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Richa Garg

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,488

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tudor Architecture

Interior Spaces

  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Workshop
  • Utility Room
  • Partially Finished Basement
  • Sump Pump
  • Attic

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Cedar Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Glenwood Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Radiator
  • Standard Electricity
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 1612-01812-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,488

Year Built

Built in 1931 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built: 1931
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Exclusions: See Listing Agent
  • Renovated Year: 1997
  • Street Number Display: 1
  • Directions: Millburn Avenue to Baltusrol Way to Ridge Terrace
  • I D: 4808187
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Glenwood
  • First Name: MARGARET
  • First Name2: MEGHAN
  • First Name3: RICHA
  • Last Name: MIGGINS
  • Last Name2: GRUCHACZ
  • Last Name3: GARG
  • Office Phone: 973-376-8990
  • Office Phone2: 973-376-8990
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1997

Interior Features

  • Flooring: Carpeting, Marble, Wood
  • Fireplace Description: Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Water Filter, Dishwasher, Disposal, Kitchen Exhaust Fan, Dryer, Sump Pump
  • Interior Amenities: Cedar Closets, Bar-Wet, Beam Ceilings, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished-Partially
  • Basement Level Rooms: Laundry Room, Utility Room, Workshop, Rec Room, Toilet
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 15x9
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 8x6
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 19x12
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 14x10
  • Other Room3 Level: Basement
  • Other Room 4: Storage Room
  • Other Room4 Dim: 22x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: Office, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Patio, Storm Door(s), Storm Window(s), Wood Fence, Privacy Fence, Sidewalk, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: GLENWOOD
  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 57X100
  • Assessed Improvement Value: 266700
  • Assessed Land Value: 621700
  • Assessment: 888400
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16488
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-01812-0000-00001-0000-
  • Tax Rate Amount: 1.856
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: GLENWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 14, 2018
Sold by
Rudin Dan and Rudin Stacey A
Bought by
Bhattacharyya Debraj and Katoch Anjali
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Richa Garg
WEICHERT REALTORS
List Price
$995,000
Sold Price
$885,000
Premium/Discount to List
-$110,000
-11.06%
Current Estimated Value
$1,480,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,691
Avg. Annual Appreciation
7.43%
Original Mortgage
$708,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jun 26, 2015
Sold by
Mignon Joseph and Mignon Nancy L
Bought by
Rudin Dan and Stacey Ann
Seller's Agent
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
Buyer's Agent
MARTA KNAUFF
COLDWELL BANKER REALTY
Sold Price
$922,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.29%
Original Mortgage
$744,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 1990
Sold by
Bagley Winifred W
Bought by
Mignon Joseph S and Mignon Nancy L

Purchase Details

Closed on
Mar 14, 1990
Bought by
Mignon Joseph S and Mignon Nancy L
Source: Public Records

Range of Values:

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Average Value
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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
Bhattacharyya Debraj $885,000 --
Rudin Dan $930,000 --
Mignon Joseph S $250,000 --
Mignon Joseph S $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katoch Anjali $155,000
Open Katoch Anjali $683,000
Closed Bhattacharyya Debraj $695,000
Previous Owner Bhattacharyya Debraj $708,000
Previous Owner Rudin Dan $744,000
Previous Owner Mignon Joseph S $200,000
Previous Owner Mignon Joseph S $417,000
Previous Owner Mignon Joseph S $380,000
Previous Owner Mignon Joseph S $250,000
Previous Owner Mignon Joseph S $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $885,000 -11.1% $425 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $995,000 +7.9% $478 / Sq Ft
06/26/2015 06/26/15 Sold $922,000 -- $443 / 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
2025 $17,377 $937,800 $621,700 $316,100
2024 $17,377 $888,400 $621,700 $266,700
2022 $17,262 $888,400 $621,700 $266,700
2021 $17,217 $888,400 $621,700 $266,700
2020 $17,111 $888,400 $621,700 $266,700
2019 $17,146 $888,400 $621,700 $266,700
2018 $16,897 $888,400 $621,700 $266,700
2017 $16,489 $888,400 $621,700 $266,700
2016 $18,001 $835,700 $412,400 $423,300
2015 $17,591 $835,700 $412,400 $423,300
2014 $16,848 $835,700 $412,400 $423,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3474426

Garden State MLS

APN: 12-01812-0000-00001