NOT LISTED FOR SALE

111 Farley Rd Short Hills, NJ 07078

Estimated Value: $3,639,116 - $4,944,000

7 Beds
5.5 Baths
5,700 Sq Ft
$766/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $2,875,000 $504 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $28,823/month

139 Days on Market

Highlights

  • Home Theater
  • 0.98 Acre Lot
  • Maid or Guest Quarters
  • Deerfield Elementary School Rated A+
  • Colonial Architecture
  • Dining Room with Fireplace

About This Home

As of April 2019

Situated on almost 1 ACRE of beautiful park like property in one of Short Hills' coveted neighborhoods, this custom Colonial designed by noted architect, John James, was built in 2002. Craftsmanship & superior appointments include solid mahogany front door, 2 story entry way with parquet wood floor with diamond accents, breakfast room with wall of windows providing stunning views and access to the lush grounds with perennial gardens, 4 fireplaces, coffered ceilings, detailed moldings, cedar shake roof, bluestone patio and paver stone driveway with additional parking. LL with Media room complete with 7 stepped leather chairs, exercise & game rooms and au pair suite, attached 3 car garage with pull down stairs to full attic storage. Perfect for entertaining, this is a true rare find in Short Hills!

Last Agent to Sell the Property

ELAINE PRUZON

PROMINENT PROPERTIES SIR Listed on: 11/09/2018

Last Buyer's Agent

Sindee Buchalter

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,163

Lot Details

  • 0.98 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Paver Block
  • Additional Parking

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Stone Siding
  • Clapboard
  • Tile

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Storage Room
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Jetted Tub in Primary Bathroom
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Deerfield Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1612-02406-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,163

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: See LA
  • Street Number Display: 111
  • Directions: Old Short Hills Road to Farley or Glen Ave to Farley
  • I D: 4851551
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Deerfield
  • First Name: ELAINE
  • First Name3: SINDEE
  • Last Name: PRUZON
  • Last Name3: BUCHALTER
  • Office Phone: 973-376-8188
  • Office Phone3: 973-310-6816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Marble, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Dining Room, Family Room, Living Room
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Water Softener-Own, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Bar-Wet, JacuzTyp, TubShowr, StallShw, Walk-In Closet, Fire Alarm Sys, Security System, Steam, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 17
  • Bedrooms: 7
  • Master Bedroom Desc: Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub, Steam
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Utility Room, Storage Room, Exercise Room, Maid Quarters, Bath(s) Other, Family Room, Media Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 21x16
  • Kitchen Level: First
  • Living Room Dim: 21x15
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 22x15
  • Other Room1 Level: First
  • Other Room 2: Breakfast
  • Other Room2 Dim: 15x15
  • Other Room2 Level: First
  • Other Room 3: Media Room
  • Other Room3 Dim: 20x13
  • Other Room3 Level: Basement
  • Other Room 4: Exercise Room
  • Other Room4 Dim: 15x14
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Laundry Room, MudRoom, Foyer, Office, Library, Living Room, Pantry, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: Foyer, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms, Storage Room, Bath(s) Other
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Stone, Clapboard
  • Exterior Features: Underground Lawn Sprinkler, Patio, Thermal Windows/Doors
  • Roof Description: Wood Shingle

Garage/Parking

  • Garage Description: Attached Garage, Loft Storage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Additional Parking, Paver Block

Utilities

  • Cooling: Multi-Zone Cooling, Central Air, 4 Units
  • Fuel Type: Gas-Natural
  • Heating: 4 Units, Forced Hot Air, Humidifr, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 115XIRR .9796 AC
  • Assessed Improvement Value: 2490000
  • Assessed Land Value: 830900
  • Assessment: 3320900
  • Lot Description: Level Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.98
  • Zoning: RES

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 63163
  • Assessor Parcel Number: 1612-02406-0000-00004-0000-
  • Tax Rate Amount: 1.902
  • Tax Rate Year: 2018
  • Tax Year: 2018

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
The Mdab 2020 Revocable Trust
Bought by
Banerjee Anupam and Datta Mrigya
Current Estimated Value
$4,364,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,137,500
Outstanding Balance
$1,909,065
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,468,205

Purchase Details

Closed on
Aug 17, 2020
Sold by
Banerjee Anupam and Datta Mrigya
Bought by
Datta Mrigya and Banerjee Anupam

Purchase Details

Listed on
Nov 9, 2018
Closed on
Apr 29, 2019
Sold by
Fay Benjamin and Fay Kristen
Bought by
Banerjee Anupam and Datta Mrigya
Seller's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
Buyer's Agent
Sindee Buchalter
COMPASS NEW JERSEY, LLC
List Price
$3,095,000
Sold Price
$2,875,000
Premium/Discount to List
-$220,000
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$2,156,250
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 19, 2013
Closed on
Jul 10, 2013
Sold by
Lestrange Elizabeth and Lestrange Kenneth
Bought by
Fay Benjamin and Fay Kristen
Seller's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
Buyer's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
Sold Price
$3,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.65%

Purchase Details

Closed on
Jan 6, 2002
Sold by
Atkins Short Hills Llc
Bought by
Lestrange Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.72%

Purchase Details

Closed on
Oct 5, 2001
Sold by
Estate Of Bella Milmed
Bought by
Atkins Short Hills Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,530,000
Interest Rate
6.92%
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
Banerjee Anupam -- Foundation Title Llc
Datta Mrigya -- None Available
Banerjee Anupam $2,875,000 --
Fay Benjamin $3,350,000 --
Fay Benjamin & Kristen (Trustees) $3,350,000 --
Lestrange Kenneth $3,850,000 --
Atkins Short Hills Llc $945,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banerjee Anupam $2,137,500
Closed Banerjee Anupam $2,156,250
Previous Owner Fay Benjamin $1,279,000
Previous Owner The Benjamin And Kristen Fay Family Trus $1,325,000
Previous Owner Lestrange Kenneth $2,000,000
Previous Owner Atkins Short Hills Llc $1,530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $2,875,000 -7.1% $504 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
11/09/2018 11/09/18 For Sale $3,095,000 -7.6% $543 / Sq Ft
08/19/2013 08/19/13 Sold $3,350,000 -- $588 / 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 $60,538 $3,095,000 $830,900 $2,264,100
2024 $60,538 $3,095,000 $830,900 $2,264,100
2022 $60,136 $3,095,000 $830,900 $2,264,100
2021 $59,981 $3,095,000 $830,900 $2,264,100
2020 $59,610 $3,095,000 $830,900 $2,264,100
2019 $64,093 $3,320,900 $830,900 $2,490,000
2018 $63,164 $3,320,900 $830,900 $2,490,000
2017 $61,636 $3,320,900 $830,900 $2,490,000
2016 $72,159 $3,350,000 $960,000 $2,390,000
2015 $70,518 $3,350,000 $960,000 $2,390,000
2014 $67,536 $3,350,000 $960,000 $2,390,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3514895

Garden State MLS

APN: 12-02406-0000-00004