NOT LISTED FOR SALE

21 Lee Terrace Short Hills, NJ 07078

Estimated Value: $2,178,000 - $2,571,000

4 Beds
3.5 Baths
2,703 Sq Ft
$873/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $1,630,000 $603 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $14,922/month

24 Days on Market

Highlights

  • 0.51 Acre Lot
  • Recreation Room
  • Den
  • Hartshorn Elementary School Rated A+
  • Ranch Style House
  • Formal Dining Room

About This Home

As of December 2021

Amazing house that is truly MOVE-IN-READY! Magnificent Expanded Ranch in the sought-after Short Hills close to the downtown, shopping, schools & the Mid-Town direct. Sunny & bright with classic lines and soothing hues. Amazing floor plan for entertaining & everyday living. Elegant Living Room with fireplace & bay window perfect for the holidays. Sophisticated Dining Room overlooking the manicured front landscaping. European-inspired white kitchen cabinets, granite countertop & appliances including a double oven. The kitchen opens to a Family Room with a large custom walnut built-in entertainment wall with a mounted television, surround sound & fireplace that flows perfectly to the backyard! Easy access between indoors & outdoors & a fabulous patio for entertaining. Easy maintenance landscaping & natural, idyllic backyard with tons of privacy. Plenty of room for a playground & a fire pit! Convenient Primary Bedroom, a second bedroom & full bathroom round out the first floor. Second floor has two spacious bedrooms each with generous closets & loads of natural light pouring in & a Full Bathroom. Large unfinished attic space with unlimited potential rounds out the 2nd floor. Finished Lower Level with Recreation Room/Playroom. Perfect for playroom or entertaining. A spacious laundry room & powder room complete this level. Access to the three-car garage can be found on this level. 21 Lee Terrace located in one of Short Hills coveted neighborhoods, simply cannot be missed

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 10/01/2021

Last Buyer's Agent

XIAOXING ZHAO

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,366

Year Built

  • Built in 1959

Lot Details

  • 0.51

Parking

  • 3 Car Attached Garage
  • Additional Parking

Home Design

  • Ranch Style House

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Garage Access

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Hartshorn Elementary School
  • Millburn Middle School
  • Millburn High School

Additional Features

  • Patio
  • 0.51 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1612-03802-0000-00022-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,366

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Style: Expanded Ranch
  • Primary Style: Expanded Ranch
  • Subproperty Type: Single Family
  • Year Built: 1959
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: See Sellers Disclosure
  • Street Number Display: 21
  • Directions: Parsonage Hill Rd to Long Hill Dr to Lee Terrace
  • I D: 5106820
  • Modified: 2022-12-16
  • Number Images: 22
  • First Name: SUSAN
  • First Name3: XIAOXING
  • Last Name: ADLER
  • Last Name3: ZHAO
  • Office Phone3: 347-688-8880
  • Pager Number3: 347-688-8880
  • Attribution Contact: 908-273-2991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Den, GarEnter, Laundry Room, Powder Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Basement
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x20
  • Kitchen Level: First
  • Living Room Dim: 24x15
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 11x30
  • Other Room1 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Family Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other, Storage Room
  • Phone: 908-273-2991

Exterior Features

  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Additional Parking, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: HARTSHORN
  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: IRREG .5050AC
  • Assessed Improvement Value: 652400
  • Assessed Land Value: 820400
  • Assessment: 1472800
  • Easement: Unknown
  • Lot Identifier: 22
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.51

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 28366
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-03802-0000-00022-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.926
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: HARTSHORN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 17, 2021
Sold by
Yang Shiming and Zhu Hui
Bought by
Ma Zhiqiang and Wang Yunfei
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
XIAOXING ZHAO
COMPASS NEW JERSEY, LLC
List Price
$1,545,000
Sold Price
$1,630,000
Premium/Discount to List
$85,000
5.5%
Total Days on Market
24
Current Estimated Value
$2,359,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,332
Avg. Annual Appreciation
7.45%
Original Mortgage
$1,304,000
Outstanding Balance
$1,223,787
Interest Rate
3.12%
Estimated Equity
$866,254

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 13, 2021
Sold by
Yang Shiming and Zhu Hui
Bought by
Ma Zhiqiang and Wang Yunfei
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
XIAOXING ZHAO
COMPASS NEW JERSEY, LLC
List Price
$1,545,000
Sold Price
$1,630,000
Premium/Discount to List
$85,000
5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,304,000
Outstanding Balance
$1,223,787
Interest Rate
3.12%
Estimated Equity
$866,254

Purchase Details

Closed on
Jul 24, 2009
Sold by
Krandel Craig S and Krandel Susan L
Bought by
Yang Shiming and Zhu Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 1993
Sold by
Karpf Carole and Karpf Lampariello,Joseph
Bought by
Krandel Craig S and Krandel Susan L

Purchase Details

Closed on
Oct 11, 1991
Sold by
Karpf Norman R and Karpf Carole B
Bought by
Karf Norman R
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 Buyer Sale Price Title Company
Ma Zhiqiang $1,630,000 Hudson One Title Agency
Yang Shiming $1,165,000 None Available
Krandel Craig S $549,000 --
Karf Norman R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Zhiqiang $1,304,000
Previous Owner Zhu Hui $500,000
Previous Owner Zhu Hui $540,000
Previous Owner Zhu Hui $600,000
Previous Owner Zhu Hui $473,490
Previous Owner Yang Shiming $615,000
Previous Owner Yang Shiming $699,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $1,630,000 +5.5% $603 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $1,545,000 -- $572 / 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
2024 $28,808 $1,472,800 $820,400 $652,400
2022 $28,617 $1,472,800 $820,400 $652,400
2021 $28,543 $1,472,800 $820,400 $652,400
2020 $28,366 $1,472,800 $820,400 $652,400
2019 $28,425 $1,472,800 $820,400 $652,400
2018 $28,013 $1,472,800 $820,400 $652,400
2017 $27,335 $1,472,800 $820,400 $652,400
2016 $25,094 $1,165,000 $500,500 $664,500
2015 $24,523 $1,165,000 $500,500 $664,500
2014 $23,486 $1,165,000 $500,500 $664,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3743862

Garden State MLS

APN: 12-03802-0000-00022