$2,175,000
SOLD JUL 16, 2012

16 Fairfield Terrace Short Hills, NJ 07078

7 Beds
7 Baths
2,349 Sq Ft
0.4 Acres

Recently Sold

$926 Per Sq Ft

About This Home

As of June 2019

This home is located at 16 Fairfield Terrace, Short Hills, NJ 07078 and is currently priced at $2,175,000, approximately $925 per square foot. 16 Fairfield Terrace 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

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Brokerage Phone: 973-376-4545 Listed on: 07/16/2012

Last Buyer's Agent

Peter 'PJ' Decicco

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,842

Lot Details

  • 0.4 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,842

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 16
  • I D: 4230985
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-376-4545
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 6.10

Lot Info

  • Lot Size: 100X175
  • Total Acres: 0.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
Jun 9, 2019
Sold by
Steven H Singer Ret
Bought by
Morgan Adam and Morgan Marisa
Seller's Agent
Peter 'PJ' Decicco
COMPASS NEW JERSEY, LLC
Buyer's Agent
JODI RUBENSTEIN
COLDWELL BANKER REALTY
List Price
$2,275,000
Sold Price
$2,251,800
Premium/Discount to List
-$23,200
-1.02%
Current Estimated Value
$3,733,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,481,216
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Oct 18, 2017
Sold by
Singer Christina M and Singer Steven H
Bought by
Christina M Singer Revoca Ble Trust and Singer Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,676,000
Interest Rate
3.91%

Purchase Details

Closed on
Mar 31, 2010
Sold by
Gatof Mark S and Gatof Marse
Bought by
Khanna Minoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1994
Sold by
Engle Claire
Bought by
Gatof Mark and Gatof Marje

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.51%
Source: Public Records

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Range of Values:

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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 $2,251,800 --
Deed -- --
Bargain Sale Deed $1,060,000 None Available
Deed $393,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,600,380 Stand Alone First
Closed $2,286,698 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,676,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $1,676,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,631,250 Adjustable Rate Mortgage/ARM
Previous Owner $689,000 New Conventional
Previous Owner $880,000 New Conventional
Previous Owner $880,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $315,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold $2,251,800 -1.0% $959 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $2,275,000 +4.6% $968 / Sq Ft
07/16/2012 07/16/12 Sold $2,175,000 -- $926 / 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 $42,842 $2,190,300 $775,800 $1,414,500
2024 $42,842 $2,190,300 $775,800 $1,414,500
2022 $42,558 $2,190,300 $775,800 $1,414,500
2021 $42,448 $2,190,300 $775,800 $1,414,500
2020 $42,185 $2,190,300 $775,800 $1,414,500
2019 $42,273 $2,190,300 $775,800 $1,414,500
2018 $41,660 $2,190,300 $775,800 $1,414,500
2017 $40,652 $2,190,300 $775,800 $1,414,500
2016 $40,026 $1,858,200 $437,900 $1,420,300
2015 $39,115 $1,858,200 $437,900 $1,420,300
2014 $37,461 $1,858,200 $437,900 $1,420,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 2938704

Garden State MLS

APN: 12-02603-0000-00021