16 Silver Spring Rd Short Hills, NJ 07078
Estimated Value: $1,728,000 - $2,345,849
--
Bed
--
Bath
3,240
Sq Ft
$634/Sq Ft
Est. Value
About This Home
This home is located at 16 Silver Spring Rd, Short Hills, NJ 07078 and is currently estimated at $2,053,712, approximately $633 per square foot. 16 Silver Spring Rd is a home located in Essex County with nearby schools including Deerfield Elementary School, Millburn Middle School, and Millburn High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 6, 2024
Sold by
Utkan Emre and Utkan Neslihan
Bought by
Zhong Guocheng and Zhao Qing
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$983,803
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,069,909
Purchase Details
Closed on
Oct 14, 1996
Sold by
Lazio Roseann
Bought by
Morreale Margaret
Purchase Details
Closed on
Dec 4, 1992
Sold by
Lazio Nicholas R
Bought by
Lazio Roseann E
Purchase Details
Closed on
Feb 28, 1989
Sold by
Crowell Wayne
Bought by
Lazio Nicholas R and Lazio Roseann E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Zhong Guocheng | $2,050,000 | North Bergen Title | |
Zhong Guocheng | $2,050,000 | North Bergen Title | |
Morreale Margaret | $340,000 | -- | |
Morreale Margaret | $340,000 | -- | |
Lazio Roseann E | $250,000 | -- | |
Lazio Roseann E | $250,000 | -- | |
Lazio Nicholas R | $325,000 | -- | |
Lazio Nicholas R | $325,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Zhong Guocheng | $1,000,000 | |
Previous Owner | Utkan Emre | $949,185 | |
Previous Owner | Utkan Emre | $974,800 | |
Previous Owner | Utkan Emre | $983,500 | |
Previous Owner | Morreale Margaret M | $750,000 |
Source: Public Records
Tax History Compared to Growth
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 | $21,653 | $1,107,000 | $637,400 | $469,600 |
2024 | $21,653 | $1,107,000 | $637,400 | $469,600 |
2022 | $21,509 | $1,107,000 | $637,400 | $469,600 |
2021 | $21,454 | $1,107,000 | $637,400 | $469,600 |
2020 | $21,321 | $1,107,000 | $637,400 | $469,600 |
2019 | $21,365 | $1,107,000 | $637,400 | $469,600 |
2018 | $21,055 | $1,107,000 | $637,400 | $469,600 |
2017 | $20,546 | $1,107,000 | $637,400 | $469,600 |
2016 | $19,937 | $925,600 | $423,400 | $502,200 |
2015 | $19,484 | $925,600 | $423,400 | $502,200 |
2014 | $18,660 | $925,600 | $423,400 | $502,200 |
Source: Public Records
Map
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