NOT LISTED FOR SALE

35 Lake Rd Short Hills, NJ 07078

Estimated Value: $3,314,000 - $4,319,000

7 Beds
5 Baths
5,683 Sq Ft
$654/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $2,800,000 $493 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $24,604/month

70 Days on Market

About This Home

As of May 2023

This home is located at 35 Lake Rd, Short Hills, NJ 07078 since 30 January 2023 and is currently estimated at $3,718,651, approximately $654 per square foot. This property was built in 1927. 35 Lake Rd 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

Judith Daniels

PROMINENT PROPERTIES SIR Brokerage Phone: 973-376-8188 Listed on: 01/30/2023

Last Buyer's Agent

Simon Westfall-Kwong

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,978

Year Built

  • Built in 1927

Lot Details

  • 0.92 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,978

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • Street Number Display: 35
  • I D: 5201119
  • Modified: 2024-05-27
  • Number Images: 1
  • Attribution Contact: 973-376-8188
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 4.30

Lot Info

  • Lot Size: 1.018AC
  • Total Acres: 0.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
May 23, 2023
Sold by
Wallman Ina and Wallman Richard
Bought by
Dholakia Jagannath Jitendra and Dholakia Deepika Jagannath
Seller's Agent
Judith Daniels
PROMINENT PROPERTIES SIR
Buyer's Agent
Simon Westfall-Kwong
EXP REALTY, LLC
List Price
$2,895,000
Sold Price
$2,800,000
Premium/Discount to List
-$95,000
-3.28%
Total Days on Market
70
Views
121
Current Estimated Value
$3,718,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$918,651
Avg. Annual Appreciation
13.44%
Original Mortgage
$1,960,000
Outstanding Balance
$1,909,668
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,808,983

Purchase Details

Closed on
Mar 6, 2007
Sold by
Krantz Ann Charlotte
Bought by
Wallman Ina and Wallman Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,834,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Dholakia Jagannath Jitendra $2,800,000 None Listed On Document
Wallman Ina $2,620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dholakia Jagannath Jitendra $1,960,000
Previous Owner Wallman Ina $1,834,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $2,800,000 -3.3% $493 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $2,895,000 -- $509 / 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 $53,978 $2,759,600 $1,097,800 $1,661,800
2024 $53,978 $2,759,600 $1,097,800 $1,661,800
2023 $53,619 $2,759,600 $1,097,800 $1,661,800
2022 $53,619 $2,759,600 $1,097,800 $1,661,800
2021 $53,481 $2,759,600 $1,097,800 $1,661,800
2020 $53,150 $2,759,600 $1,097,800 $1,661,800
2019 $53,260 $2,759,600 $1,097,800 $1,661,800
2018 $52,488 $2,759,600 $1,097,800 $1,661,800
2017 $51,218 $2,759,600 $1,097,800 $1,661,800
2016 $56,480 $2,622,100 $983,200 $1,638,900
2015 $55,195 $2,622,100 $983,200 $1,638,900
2014 $52,862 $2,622,100 $983,200 $1,638,900
Source: Public Records

Agents Affiliated with this Home

  • Judith Daniels

    Seller's Agent in 2023

    Judith Daniels

    PROMINENT PROPERTIES SIR

    (973) 943-5440

    29 in this area

    79 Total Sales

    Judith Daniels
    Section Image

  • S

    Buyer's Agent in 2023

    Simon Westfall-Kwong

    EXP REALTY, LLC

    (973) 489-8885

    114 in this area

    391 Total Sales

    Simon Westfall-Kwong
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3826591

Garden State MLS

APN: 12-02208-0000-00003

New Jersey Essex County Short Hills 07078

35 Lake Rd, Short Hills, NJ

This home is located at 35 Lake Rd, Short Hills, NJ 07078 since 30 January 2023 and is currently estimated at $3,718,651, approximately $654 per square foot. This property was built in 1927. 35 Lake Rd 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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