25 Ridge Terrace Short Hills, NJ 07078
Estimated Value: $1,924,000 - $2,088,403
--
Bed
--
Bath
3,058
Sq Ft
$647/Sq Ft
Est. Value
About This Home
This home is located at 25 Ridge Terrace, Short Hills, NJ 07078 and is currently estimated at $1,979,468, approximately $647 per square foot. 25 Ridge Terrace is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2023
Sold by
Arora Vivek and Arora Puja
Bought by
Puja Arora 2023 Revocable Trust and Vivek K Arora 2023 Revocable Trust
Current Estimated Value
Purchase Details
Closed on
Aug 21, 2009
Sold by
Shim Paul J and Chung Lena K
Bought by
Arora Vivek and Arora Puja
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 25, 1990
Sold by
Foster Ronald R and Foster Elizabeth A
Bought by
Shim Paul J and Shim Chung,Lenn K
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 |
---|---|---|---|
Puja Arora 2023 Revocable Trust | -- | Fidelity National Title | |
Arora Vivek | $1,295,000 | Fidelity Natl Title Ins Co | |
Shim Paul J | $428,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Arora Vivek | $0 | |
Previous Owner | Arora Vivek | $700,000 | |
Previous Owner | Arora Vivek | $700,000 | |
Previous Owner | Arora Puja | $300,000 | |
Previous Owner | Arora Puja | $299,000 | |
Previous Owner | Arora Vivek K | $530,000 | |
Previous Owner | Arora Vivek | $730,000 | |
Previous Owner | Arora Vivek | $850,000 |
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 | $20,137 | $1,075,100 | $620,700 | $454,400 |
2024 | $20,137 | $1,075,100 | $620,700 | $454,400 |
2022 | $20,003 | $1,029,500 | $620,700 | $408,800 |
2021 | $19,952 | $1,029,500 | $620,700 | $408,800 |
2020 | $19,828 | $1,029,500 | $620,700 | $408,800 |
2019 | $19,869 | $1,029,500 | $620,700 | $408,800 |
2018 | $19,581 | $1,029,500 | $620,700 | $408,800 |
2017 | $19,108 | $1,029,500 | $620,700 | $408,800 |
2016 | $21,501 | $998,200 | $430,200 | $568,000 |
2015 | $21,012 | $998,200 | $430,200 | $568,000 |
2014 | $20,124 | $998,200 | $430,200 | $568,000 |
Source: Public Records
Map
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