NOT LISTED FOR SALE

25 Sylvan Way Short Hills, NJ 07078

Estimated Value: $4,158,095 - $4,642,000

5 Beds
5.5 Baths
7,201 Sq Ft
$610/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $4,050,000 $562 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $27,480/month

27 Days on Market

Highlights

  • In Ground Pool
  • Custom Home
  • Great Room with Fireplace
  • Deerfield Elementary School Rated A+
  • Deck
  • High Ceiling

About This Home

As of September 2022

ULTIMATE DREAM HOME! One of the most incredible homes to come on the Short Hill's market w/ every bell & whistle. Completed in 2020, this 7,200+ sq ft lifestyle home is like no other. Designed by renowned architect Scott Hoffman & decorated by sought-after designer Michael Corrales. Magazine-worthy w/ outstanding architectural details, craftsmanship & design/light fixtures. Fabulous entertaining, indoor and out. Breathtaking Living Rm w/ tumbled marble fireplace. 1st Lvl Library w/ fireplace & built-ins. Dazzling Dining Rm. Gourmet Chef's Kitch w/ white cabinets, massive island, quartz countertops, Miele/Wolf/Sub-Zero appliances & Breakfast Rm. Butler's Pantry & Huge Walk-In Pantry. Family Rm w/ tumbled marble fireplace & custom built-ins. 1st Level Ensuite BR. Sensational Primary Suite w/ stone fireplace, Private Balcony, 2 custom WICs & bath BETTER THAN a Four Seasons Resort. All other BRs ensuite w/ high-end baths. 2nd lvl Laundry. Exceptional 3rd Flr Rec Rm. Outdoor Oasis w/ gunite saltwater heated pool & sandblasted marble Patio w/ room for dining & lounging. Lower Lvl fts Mud Rm, 2nd Laundry, 3 Car Garage (w/ electric charger), Exercise Rm, Office, Full Bath, Rec Rm & full Kitch. Savant integrated security system. Located in sought-after Deerfield section w/ proximity to NYC Train, shopping & restaurants at the Short Hills Mall & downtown Millburn & Livingston. Once-in-a-lifetime buying opportunity for the buyer seeking the BEST that Short Hills has to offer

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 07/06/2022

Last Buyer's Agent

Allison Maguire

BROWN HARRIS STEVENS NEW JERSEY

BROWN HARRIS STEVENS NEW JERSEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,935

Year Built

  • Built in 2020

Lot Details

  • 0.47 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Circular Driveway
  • Additional Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Slate Roof
  • Siding
  • Composite Building Materials

Interior Spaces

  • 7,201 Sq Ft Home
  • High Ceiling
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library
  • Utility Room
  • Home Gym
  • Finished Basement
  • Garage Access

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Schools

  • Deerfield Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1612-04503-0000-00017-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,935

Year Built

Built in 2020

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2020
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: see addendum attached to sellers disclosure
  • Directions: Great Hills Rd to Holly Dr to Sylvan Way
  • I D: 5164164
  • First Name: SUSAN
  • First Name3: ALLISON
  • Last Name: ADLER
  • Last Name3: MAGUIRE
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Great Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Den, Exercise Room, GarEnter, Kitchen, MudRoom, Office, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 17x15
  • Kitchen Level: First
  • Living Room Dim: 18x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 17x12
  • Other Room1 Level: First
  • Other Room 2: Breakfast
  • Other Room2 Dim: 20x12
  • Other Room2 Level: First
  • Other Room 3: Great Room
  • Other Room3 Dim: 24x15
  • Other Room3 Level: First
  • Other Room 4: Library
  • Other Room4 Dim: 14x8
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Dining Room, Foyer, Great Room, Kitchen, Library, Living Room, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 7201
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Deck, Patio, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Additional Parking, Blacktop, Circular

Utilities

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

Schools

  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: IRREG .4706AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.47

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 50935
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-04503-0000-00017-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.938
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 6, 2022
Sold by
Abdur-Rahim Julius and Abdur-Rahim Delicia
Bought by
Palat Ondrej and Palatova Barbora
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
Allison Maguire
BROWN HARRIS STEVENS NEW JERSEY
List Price
$4,195,000
Sold Price
$4,050,000
Premium/Discount to List
-$145,000
-3.46%
Current Estimated Value
$4,395,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,774
Avg. Annual Appreciation
2.63%
Original Mortgage
$2,045,000
Outstanding Balance
$1,943,639
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$2,452,135

Purchase Details

Listed on
Oct 13, 2016
Closed on
Nov 21, 2016
Sold by
Lustig Irvin J and Dumitrescu Irine
Bought by
Rahim Julius Abdur and Rahim Delicia Abdur
Seller's Agent
Mark Slade
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
Jane Greene
COLDWELL BANKER REALTY
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.48%

Purchase Details

Closed on
May 20, 2003

Purchase Details

Closed on
May 1, 1999
Sold by
Frankel Mildred
Bought by
Lustig Irvin and Lustig Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
7.54%
Source: Public Records

Range of Values:

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Average Value
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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
Palat Ondrej $4,050,000 Evident Title
Rahim Julius Abdur $1,300 Nrt Title Agency
-- -- --
Lustig Irvin $619,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palat Ondrej $2,045,000
Previous Owner Lustig Irvin $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2022 09/22/22 Sold $4,050,000 -3.5% $562 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $4,195,000 +222.7% $583 / Sq Ft
11/21/2016 11/21/16 Sold $1,300,000 0.0% $597 / Sq Ft View Prior Sale
11/02/2016 11/02/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $1,300,000 -- $597 / 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 $51,728 $2,644,600 $792,800 $1,851,800
2024 $51,728 $2,644,600 $792,800 $1,851,800
2022 $51,385 $2,644,600 $792,800 $1,851,800
2021 $51,252 $2,644,600 $792,800 $1,851,800
2020 $19,121 $992,800 $792,800 $200,000
2019 $17,231 $892,800 $792,800 $100,000
2018 $22,301 $1,172,500 $792,800 $379,700
2017 $21,762 $1,172,500 $792,800 $379,700
2016 $20,250 $940,100 $497,100 $443,000
2015 $19,789 $940,100 $497,100 $443,000
2014 $18,952 $940,100 $497,100 $443,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3794204

Garden State MLS

APN: 12-04503-0000-00017