NOT LISTED FOR SALE

2 Jefferson Ave Short Hills, NJ 07078

Estimated Value: $5,172,000 - $6,372,000

7 Beds
7 Baths
10,327 Sq Ft
$559/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $5,400,000 $523 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $37,134/month

217 Days on Market

About This Home

As of July 2024

This home is located at 2 Jefferson Ave, Short Hills, NJ 07078 since 27 March 2023 and is currently estimated at $5,774,369, approximately $559 per square foot. 2 Jefferson Ave is a home located in Essex County with nearby schools including Hartshorn 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: 03/27/2023

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Brokerage Phone: 973-376-4545 Listed on: 03/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,240

Lot Details

  • 1.83 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,240

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 2
  • I D: 5211376
  • Modified: 2025-07-03
  • Number Images: 1
  • Attribution Contact: 973-376-4545
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 6.30

Lot Info

  • Lot Size: IRREG 1.83 AC
  • Total Acres: 1.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Jun 20, 2024
Sold by
Walter Henry Glendon and Walter Alexandra
Bought by
Patel Sachin J and Chakravarthi Avantika
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$5,795,000
Sold Price
$5,400,000
Premium/Discount to List
-$395,000
-6.82%
Views
860
Current Estimated Value
$5,774,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,369
Avg. Annual Appreciation
4.69%

Purchase Details

Listed on
Apr 21, 2017
Closed on
Mar 28, 2018
Sold by
Qprt Robert J Dwyer 1998
Bought by
Alexander Walter Brian C and Alexander Walter
Seller's Agent
REBECCA MORANO
PROMINENT PROPERTIES SIR
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$5,250,000
Sold Price
$4,000,000
Premium/Discount to List
-$1,250,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$2,779,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 1998
Sold by
Reich Lucretia
Bought by
Dwyer Concetta and Dwyer Robert
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 Buyer Sale Price Title Company
Patel Sachin J $5,400,000 None Listed On Document
Alexander Walter Brian C $4,000,000 --
Dwyer Concetta $2,139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Walter Brian C $2,779,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $5,400,000 -6.8% $523 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $5,795,000 +44.9% $561 / Sq Ft
03/29/2018 03/29/18 Sold $4,000,000 -23.8% $235 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $5,250,000 -- $309 / 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 $78,240 $4,000,000 $1,202,400 $2,797,600
2024 $78,240 $4,000,000 $1,202,400 $2,797,600
2023 $77,720 $4,000,000 $1,202,400 $2,797,600
2022 $77,720 $4,000,000 $1,202,400 $2,797,600
2021 $77,520 $4,000,000 $1,202,400 $2,797,600
2020 $77,040 $4,000,000 $1,202,400 $2,797,600
2019 $77,200 $4,000,000 $1,202,400 $2,797,600
2018 $98,826 $5,195,900 $1,202,400 $3,993,500
2017 $96,436 $5,195,900 $1,202,400 $3,993,500
2016 $118,470 $5,500,000 $1,749,000 $3,751,000
2015 $115,775 $5,500,000 $1,749,000 $3,751,000
2014 $159,264 $7,900,000 $1,749,000 $6,151,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

  • R

    Seller's Agent in 2018

    REBECCA MORANO

    PROMINENT PROPERTIES SIR

  • W

    Seller Co-Listing Agent in 2018

    WINIFRED CAVAZINI

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3835353

Garden State MLS

APN: 12-02305-0000-00002

New Jersey Essex County Short Hills 07078

2 Jefferson Ave, Short Hills, NJ

This home is located at 2 Jefferson Ave, Short Hills, NJ 07078 since 27 March 2023 and is currently estimated at $5,774,369, approximately $559 per square foot. 2 Jefferson Ave is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

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