NOT LISTED FOR SALE

18 Richard Dr Short Hills, NJ 07078

Estimated Value: $2,013,000 - $2,438,000

4 Beds
4 Baths
2,566 Sq Ft
$871/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $1,800,000 $701 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $13,991/month

6 Days on Market

About This Home

As of December 2023

This home is located at 18 Richard Dr, Short Hills, NJ 07078 since 11 October 2023 and is currently estimated at $2,235,651, approximately $871 per square foot. This property was built in 1960. 18 Richard Dr 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

Donna Shaw

WEICHERT REALTORS Brokerage Phone: 973-376-4545 Listed on: 10/11/2023

WEICHERT REALTORS

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,957

Year Built

  • Built in 1960

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,957

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Essex
  • Street Number Display: 18
  • I D: 5245489
  • Modified: 2024-12-28
  • Number Images: 1
  • Attribution Contact: 973-376-4545
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 108X184
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 7, 2023
Sold by
Yih Kenneth and Yih Diane
Bought by
Mehta Vishal and Malhotra Bhawana
Seller's Agent
Donna Shaw
WEICHERT REALTORS
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$1,488,000
Sold Price
$1,800,000
Premium/Discount to List
$312,000
20.97%
Views
30
Current Estimated Value
$2,235,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,651
Avg. Annual Appreciation
13.43%
Original Mortgage
$1,440,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2002
Sold by
Kruvant Yvette
Bought by
Yih Kenneth and Yih Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Mehta Vishal $1,800,000 Heritage Abstract
Yih Kenneth $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Vishal $2,976,000
Closed Mehta Vishal $1,440,000
Previous Owner Yih Kenneth $400,000
Previous Owner Yih Diane $238,500
Previous Owner Yih Kenneth K $173,826
Previous Owner Yih Kenneth $191,452
Previous Owner Yih Kenneth K $220,000
Previous Owner Yih Kenneth $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $1,800,000 +21.0% $701 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $1,488,000 -- $580 / 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 $24,957 $1,291,800 $791,800 $500,000
2024 $24,957 $1,275,900 $791,800 $484,100
2022 $24,791 $1,275,900 $791,800 $484,100
2021 $24,727 $1,275,900 $791,800 $484,100
2020 $24,574 $1,275,900 $791,800 $484,100
2019 $24,625 $1,275,900 $791,800 $484,100
2018 $24,268 $1,275,900 $791,800 $484,100
2017 $23,681 $1,275,900 $791,800 $484,100
2016 $21,833 $1,013,600 $495,900 $517,700
2015 $21,336 $1,013,600 $495,900 $517,700
2014 $20,434 $1,013,600 $495,900 $517,700
Source: Public Records

Agents Affiliated with this Home

  • Donna Shaw

    Seller's Agent in 2023

    Donna Shaw

    WEICHERT REALTORS

    (973) 879-3128

    36 in this area

    74 Total Sales

    Donna Shaw
    Section Image

  • A

    Buyer's Agent in 2023

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

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Map

Source: Garden State MLS

MLS Number: 3869127

Garden State MLS

APN: 12-04604-0000-00015

New Jersey Essex County Short Hills 07078

18 Richard Dr, Short Hills, NJ

This home is located at 18 Richard Dr, Short Hills, NJ 07078 since 11 October 2023 and is currently estimated at $2,235,651, approximately $871 per square foot. This property was built in 1960. 18 Richard Dr 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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