NOT LISTED FOR SALE

16 Silver Spring Rd Short Hills, NJ 07078

Estimated Value: $2,041,000 - $2,256,000

-- Bed
-- Bath
3,240 Sq Ft
$657/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 $2,128,320, approximately $656 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
$2,128,320

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
$992,586
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,012,605

Purchase Details

Closed on
Apr 20, 2018
Sold by
Morreale Margaret M and Morreale Salvatore
Bought by
Utkan Emre and Utkan Neslihan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$983,500
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 1996
Sold by
Lazio Roseann
Bought by
Morreale Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.22%

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Zhong Guocheng $2,050,000 North Bergen Title
Morreale Margaret $340,000 --
Lazio Roseann E $250,000 --
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
Previous Owner Morreale Margaret $500,000
Previous Owner Morreale Margaret $255,000
Source: Public Records

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
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

New Jersey Essex County Short Hills 07078

16 Silver Spring Rd, Short Hills, NJ

This home is located at 16 Silver Spring Rd, Short Hills, NJ 07078 and is currently estimated at $2,128,320, approximately $656 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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