NOT LISTED FOR SALE

3 Ridge Terrace Short Hills, NJ 07078

Estimated Value: $1,337,000 - $1,582,000

3 Beds
2.5 Baths
2,359 Sq Ft
$635/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $925,000 $392 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,677/month

16 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Short Hills
  • Wood Flooring
  • Glenwood Elementary School Rated A+
  • Living Room with Fireplace
  • Home Office

About This Home

As of October 2020

Just what you are looking for! Wonderful 3 bedroom, 2 full half bath home so close to EVERYTHING - Train, schools and shopping! Hardwood floors run throughout the first and second floors. There is plenty of space for entertaining in the Living Room, Dining Room and Den. With the Hardie Plank siding the maintenance of painting is over. The patio off of the Kitchen is ready for the BBQ and the yard is perfect to kick back and relax.. Come and make this home your dream home today!

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Listed on: 07/13/2020

Last Buyer's Agent

KELLY JU

REALMART REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,883

Year Built

  • Built in 1931

Lot Details

  • 5,663 Sq Ft Lot
  • Wood Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Composition Shingle

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Glenwood Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-01812-0000-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,883

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1931
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 3
  • Directions: Baltusrol Way to Ridge Terrace
  • I D: 4998373
  • Modified: 2021-10-03
  • Number Images: 25
  • First Name: MARGARET
  • First Name3: KELLY
  • Last Name: MIGGINS
  • Last Name3: JU
  • Office Phone: 973-376-8990
  • Office Phone3: 283309
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Parquet, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Non-Functional, Rec Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Range/Oven-Electric, Refrigerator, Self Cleaning Oven, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallTub
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Basement
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room2 Level: Second
  • Other Room 3: Office
  • Level 1 Rooms: Den, Dining Room, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Office, SeeRem
  • Phone: 973-376-8990

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Patio, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Radiators - Hot Water
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 58X101
  • Assessed Improvement Value: 303300
  • Assessed Land Value: 623300
  • Assessment: 926600
  • Easement: Unknown
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17883
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-01812-0000-00023-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.930
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: GLENWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 27, 2020
Sold by
Gaske Mary Ellen and Gaske Ellen M
Bought by
Fang Kun and Zhang Yun
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
KELLY JU
REALMART REALTY
List Price
$895,000
Sold Price
$925,000
Premium/Discount to List
$30,000
3.35%
Current Estimated Value
$1,498,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,773
Avg. Annual Appreciation
10.14%
Original Mortgage
$425,000
Outstanding Balance
$379,051
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,104,579

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 2, 2020
Sold by
Gaske M Ellen M and Gaske Mary Ellen
Bought by
Fang Kun and Zhang Yun
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
KELLY JU
REALMART REALTY
List Price
$895,000
Sold Price
$925,000
Premium/Discount to List
$30,000
3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$379,051
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,104,579

Purchase Details

Closed on
Sep 11, 1997
Sold by
Allerton Alma
Bought by
Goske Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

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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
Fang Kun $925,000 None Listed On Document
Fang Kun $925,000 None Available
Goske Ellen $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Kun $425,000
Closed Fang Kun $425,000
Previous Owner Gaske M Ellen $152,256
Previous Owner Gaske Mary Ellen $125,000
Previous Owner Goske Ellen $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $925,000 +3.4% $392 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $895,000 -- $379 / 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 $18,124 $926,600 $623,300 $303,300
2024 $18,124 $926,600 $623,300 $303,300
2022 $18,004 $926,600 $623,300 $303,300
2021 $17,958 $926,600 $623,300 $303,300
2020 $17,846 $926,600 $623,300 $303,300
2019 $17,883 $926,600 $623,300 $303,300
2018 $17,624 $926,600 $623,300 $303,300
2017 $17,198 $926,600 $623,300 $303,300
2016 $19,255 $893,900 $413,300 $480,600
2015 $18,817 $893,900 $413,300 $480,600
2014 $18,021 $893,900 $413,300 $480,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • K

    Buyer's Agent in 2020

    KELLY JU

    REALMART REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3647908

Garden State MLS

APN: 12-01812-0000-00023

New Jersey Essex County Short Hills 07078

3 Ridge Terrace, Short Hills, NJ

This home is located at 3 Ridge Terrace, Short Hills, NJ 07078 since 13 July 2020 and is currently estimated at $1,498,773, approximately $635 per square foot. This property was built in 1931. 3 Ridge Terrace is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.

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