NOT LISTED FOR SALE

28 Colonial Way Short Hills, NJ 07078

Estimated Value: $2,205,000 - $2,520,000

5 Beds
4 Baths
3,878 Sq Ft
$619/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $1,387,723 $358 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $15,643/month

About This Home

As of July 2015

This home is located at 28 Colonial Way, Short Hills, NJ 07078 since 09 July 2015 and is currently estimated at $2,399,054, approximately $618 per square foot. 28 Colonial Way 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

Simon Westfall-Kwong

EXP REALTY, LLC Brokerage Phone: 908-273-2991 Listed on: 07/09/2015

EXP REALTY, LLC

Last Buyer's Agent

RAJINDER SONDHI

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,850

Lot Details

  • 0.85

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,850

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 28
  • I D: 4525977
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jul 2, 2015
Sold by
Yoon Jae Sung and Yoon Seang
Bought by
Jeon Yoonsook and Hong Seungbae
Seller's Agent
Simon Westfall-Kwong
EXP REALTY, LLC
Buyer's Agent
RAJINDER SONDHI
RE/MAX SELECT
Sold Price
$1,387,723
Current Estimated Value
$2,399,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,011,331
Avg. Annual Appreciation
5.63%
Original Mortgage
$936,713
Outstanding Balance
$680,105
Interest Rate
1.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,738,292

Purchase Details

Closed on
Aug 24, 2012
Sold by
Yoon Jae Sung and Yoon Seang
Bought by
Yoon Jae Sung and Yoon Seang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,500
Interest Rate
2.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Bonomo Michael
Bought by
Yoon Jae Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.78%

Purchase Details

Closed on
Jul 19, 1994
Sold by
Ziese Charles
Bought by
Bonomo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.19%
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
Jeon Yoonsook $1,387,723 --
Yoon Jae Sung -- None Available
Yoon Jae Sung $1,400,000 --
Bonomo Michael $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeon Yoonsook $936,713
Previous Owner Yoon Jae S $654,500
Previous Owner Yoon Jae Sung $729,750
Previous Owner Yoon Jae Sung $1,000,000
Previous Owner Bonomo Michael $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2015 07/09/15 Sold $1,387,723 -- $358 / 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 $30,850 $1,577,200 $822,000 $755,200
2024 $30,850 $1,577,200 $822,000 $755,200
2022 $30,645 $1,577,200 $822,000 $755,200
2021 $30,566 $1,577,200 $822,000 $755,200
2020 $30,377 $1,577,200 $822,000 $755,200
2019 $30,440 $1,577,200 $822,000 $755,200
2018 $29,998 $1,577,200 $822,000 $755,200
2017 $28,996 $1,562,300 $822,000 $740,300
2016 $27,412 $1,272,600 $571,400 $701,200
2015 $26,788 $1,272,600 $571,400 $701,200
2014 $25,698 $1,274,700 $573,500 $701,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Simon Westfall-Kwong

    EXP REALTY, LLC

    (973) 489-8885

    116 in this area

    395 Total Sales

    Simon Westfall-Kwong
    Section Image

  • R

    Buyer's Agent in 2015

    RAJINDER SONDHI

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3213765

Garden State MLS

APN: 12-03503-0000-00017

New Jersey Essex County Short Hills 07078

28 Colonial Way, Short Hills, NJ

This home is located at 28 Colonial Way, Short Hills, NJ 07078 since 09 July 2015 and is currently estimated at $2,399,054, approximately $618 per square foot. 28 Colonial Way 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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