$4,280,000
SOLD JUN 4, 2025

16 Elsway Rd Short Hills, NJ 07078

7 Beds
8 Baths
2,436 Sq Ft
0.64 Acres

Recently Sold

$1,757 Per Sq Ft

7% Below List Price

92 Days on Market

About This Home

As of June 2025

This home is located at 16 Elsway Rd, Short Hills, NJ 07078 and is currently priced at $4,280,000, approximately $1,756 per square foot. 16 Elsway Rd is a home located in Essex County with nearby schools including Deerfield Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-376-8990 Listed on: 01/24/2025

Last Buyer's Agent

Richa Garg

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,522

Lot Details

  • 0.64 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,522

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 16
  • I D: 5334392
  • Modified: 2025-06-11
  • Number Images: 0
  • Attribution Contact: 973-376-8990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 7.10

Lot Info

  • Lot Size: .6427 AC IRR
  • Total Acres: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Jun 3, 2025
Sold by
16 Elsway Road Llc
Bought by
Srivastava Priyasha and Varma Ravi
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Richa Garg
WEICHERT REALTORS
List Price
$4,595,000
Sold Price
$4,280,000
Premium/Discount to List
-$315,000
-6.86%
Views
93
Current Estimated Value
$4,247,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,101
Avg. Annual Appreciation
-2.65%
Original Mortgage
$4,280,000
Outstanding Balance
$4,264,162
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
-$16,263

Purchase Details

Listed on
Jan 16, 2023
Closed on
Apr 10, 2023
Sold by
Vander Tuin John T and Vander Claire L
Bought by
16 Elsway Road Llc
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
List Price
$1,595,000
Sold Price
$1,595,000
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.27%
Original Mortgage
$2,250,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 1992
Bought by
Vander Tuin John and Vander Tuin Claire L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $4,280,000 Fidelity National Title
Deed $1,595,000 Old Republic National Title
Deed $410,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,280,000 New Conventional
Previous Owner $2,250,000 New Conventional
Previous Owner $283,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $4,280,000 -6.9% $1,757 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $4,595,000 +188.1% $1,886 / Sq Ft
04/10/2023 04/10/23 Sold $1,595,000 0.0% $655 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $1,595,000 -- $655 / 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 $24,522 $2,060,800 $1,060,800 $1,000,000
2024 $24,522 $1,160,800 $1,060,800 $100,000
2022 $24,359 $1,253,700 $1,060,800 $192,900
2021 $24,297 $1,253,700 $1,060,800 $192,900
2020 $24,146 $1,253,700 $1,060,800 $192,900
2019 $24,196 $1,253,700 $1,060,800 $192,900
2018 $23,845 $1,253,700 $1,060,800 $192,900
2017 $23,269 $1,253,700 $1,060,800 $192,900
2016 $23,881 $1,108,700 $778,600 $330,100
2015 $23,338 $1,108,700 $778,600 $330,100
2014 $22,351 $1,108,700 $778,600 $330,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • Richa Garg

    Buyer's Agent in 2025

    Richa Garg

    WEICHERT REALTORS

    (973) 941-9739

    72 in this area

    117 Total Sales

    Richa Garg
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Map

Source: Garden State MLS

MLS Number: 3942806

Garden State MLS

APN: 12-02901-0000-00028

New Jersey Essex County Short Hills 07078

16 Elsway Rd, Short Hills, NJ

This home is located at 16 Elsway Rd, Short Hills, NJ 07078 and is currently priced at $4,280,000, approximately $1,756 per square foot. 16 Elsway Rd is a home located in Essex County with nearby schools including Deerfield Elementary School, Millburn Middle School, and Millburn High School.

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