NOT LISTED FOR SALE

40 Minnisink Rd Short Hills, NJ 07078

Estimated Value: $4,843,010 - $5,563,000

5 Beds
6.5 Baths
8,664 Sq Ft
$600/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $3,650,000 $421 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $34,976/month

173 Days on Market

Highlights

  • Heated In Ground Pool
  • 1.37 Acre Lot
  • Dining Room with Fireplace
  • Hartshorn Elementary School Rated A+
  • Colonial Architecture
  • Marble Flooring

About This Home

As of April 2021

Once in a lifetime opportunity to own one of the most beautiful homes in Short Hills! This architecturally significant Historical home is ideally located on 1.37 acres of south facing, totally level beautifully manicured property with saltwater pool & perennial gardens on the most prestigious street in Short Hills! Original stone work, huge gourmet eat-in kitchen, library with mahogany built-ins, spectacular family room with cathedral ceiling, sunroom with floor to ceiling windows. Luxurious master suite with gas fireplace, 2 walk-in closets & spa-like master bath with radiant heated floors, 3 more bedrooms & 3 new baths on 2nd floor, 2 additional bedrooms with full bath on 3rd floor, beautifully finished walk-out lower level w/ rec/exercise room, billiard room & pool house bath. 4-car heated garage w/ loft.

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 09/04/2020

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 09/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,410

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 1.37 Acre Lot
  • Fenced
  • Irregular Lot
  • Sprinkler System

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Additional Parking

Home Design

  • Colonial Architecture
  • Slate Roof
  • Stone Siding
  • Clapboard

Interior Spaces

  • 8,664 Sq Ft Home
  • Sound System
  • Cathedral Ceiling
  • Thermal Windows
  • Shades
  • Blinds
  • Drapes & Rods
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room with Fireplace
  • Storage Room
  • Utility Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Intercom
  • Storm Windows
  • Carbon Monoxide Detectors

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Hartshorn Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Radiant Heating System
  • Underground Utilities
  • Standard Electricity
  • Water Filtration System
  • Water Tap or Transfer Fee
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 1612-02202-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,410

Year Built

Built in 1910 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1910
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Exclusions: See Listing Agent
  • Renovated Year: 1998
  • Street Number Display: 40
  • Directions: Hartshorn Dr or Highland Ave to Minnisink Rd
  • I D: 5014123
  • Modified: 2022-05-01
  • Number Images: 25
  • Section Subdiv Development: Hartshorn
  • First Name: ARLENE GORMAN
  • First Name3: ARLENE GORMAN
  • Last Name: GONNELLA
  • Last Name3: GONNELLA
  • Office Phone: 973-376-4545
  • Office Phone3: 973-376-4545
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1998

Interior Features

  • Flooring: Carpeting, Marble, Stone, Wood
  • Fireplace Description: Bedroom 1, Dining Room, Living Room, Rec Room
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Self Cleaning Oven, Sump Pump, OvnWElec, Washer, Water Filter, Water Softener-Own, WineRefr
  • Interior Amenities: Blinds, Cathedral Ceiling, Cedar Closets, Drapes, High Ceilings, Intercom, Security System, Shades, Steam, Stereo System, Walk-In Closet, Window Treatments
  • Number Rooms: 16
  • Bedrooms: 5
  • Master Bedroom Desc: Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Steam
  • Bathrooms: 6.10
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Bath(s) Other, Exercise Room, Laundry Room, Rec Room, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 16x38
  • Kitchen Level: First
  • Living Room Dim: 26x16
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Third
  • Other Room 2: Library
  • Other Room2 Dim: 12x12
  • Other Room2 Level: First
  • Other Room 3: Sunroom
  • Other Room3 Dim: 37x16
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 37x13
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Den, Dining Room, Family Room, Foyer, Kitchen, Library, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Attic, Bath(s) Other, Den
  • Estimated Sq Ft: 8664
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Clapboard, Stone, Stucco
  • Exterior Features: Barbeque, Metal Fence, OutDrKit, Patio, Storage Shed, Storm Window(s), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Gunite, Heated, In-Ground Pool
  • Roof Description: Imitation Slate, Slate

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener, Loft Storage, Oversize Garage
  • Number Garage Spaces: 4
  • Parking Driveway Description: Additional Parking, Circular, Paver Block

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone, Radiant - Hot Water, Radiators - Steam
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

  • Elementary School: HARTSHORN
  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: IRREG 1.37 AC
  • Assessed Improvement Value: 2520500
  • Assessed Land Value: 1179500
  • Assessment: 3700000
  • Lot Description: Irregular Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.37
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 71410
  • Assessor Parcel Number: 1612-02202-0000-00005-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.930
  • Tax Rate Year: 2021
  • Tax Year: 2021

MLS Schools

  • Grade School: HARTSHORN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Apr 26, 2021
Sold by
Lewis Thea J and Revocable Trust Of Thea J Lewi
Bought by
Kirwan Fargo Christopher and Hamden Dena
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$4,950,000
Sold Price
$3,650,000
Premium/Discount to List
-$1,300,000
-26.26%
Current Estimated Value
$5,195,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,545,753
Avg. Annual Appreciation
6.86%
Original Mortgage
$3,284,635
Outstanding Balance
$3,003,526
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,800,889

Purchase Details

Closed on
Nov 14, 2008
Sold by
Patterson Mark R
Bought by
Lewis Thea J

Purchase Details

Closed on
Jun 16, 2008
Sold by
Mann Debra
Bought by
Patterson Mark R and Lewis Thea Jeannette

Purchase Details

Closed on
Jun 22, 1996
Sold by
Butler Mark S
Bought by
Mann Johnathon and Mann Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.27%
Source: Public Records

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Range of Values:

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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
Kirwan Fargo Christopher $3,650,000 Fidelity National Ttl Ins Co
Lewis Thea J -- None Available
Patterson Mark R $4,800,000 Multiple
Mann Johnathon $2,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirwan Fargo Christopher $3,284,635
Previous Owner Mann Johnathon $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $3,650,000 -3.8% $421 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
01/18/2021 01/18/21 Price Changed $3,795,000 -5.0% $438 / Sq Ft
11/30/2020 11/30/20 Price Changed $3,995,000 -19.3% $461 / Sq Ft
09/04/2020 09/04/20 For Sale $4,950,000 -- $571 / 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
2024 $72,372 $3,700,000 $1,179,500 $2,520,500
2023 $71,891 $3,700,000 $1,179,500 $2,520,500
2022 $71,891 $3,700,000 $1,179,500 $2,520,500
2021 $71,706 $3,700,000 $1,179,500 $2,520,500
2020 $81,366 $4,224,600 $1,179,500 $3,045,100
2019 $81,535 $4,224,600 $1,179,500 $3,045,100
2018 $80,352 $4,224,600 $1,179,500 $3,045,100
2017 $78,409 $4,224,600 $1,179,500 $3,045,100
2016 $94,238 $4,375,000 $1,074,000 $3,301,000
2015 $92,094 $4,375,000 $1,074,000 $3,301,000
2014 $88,200 $4,375,000 $1,074,000 $3,301,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3664900

Garden State MLS

APN: 12-02202-0000-00005