NOT LISTED FOR SALE

40 Twin Oak Rd Short Hills, NJ 07078

Estimated Value: $3,650,000 - $4,330,000

6 Beds
6 Baths
5,414 Sq Ft
$750/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $2,600,000 $480 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $28,444/month

85 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Custom Home
  • Glenwood Elementary School Rated A+
  • Sitting Area In Primary Bedroom
  • 1.36 Acre Lot

About This Home

As of July 2021

Travel up the majestic drive where "Terraces," a splendid English Style home, is nestled on well over an acre of tranquil property. Relax on its signature bluestone patio that overlooks rose gardens, the in-ground pool, hot tub, deluxe pool house, tennis court and manicured lawns. Inside, find a sunken living room with detailed plaster ceiling, light-filled dining room, library, updated kitchen and breathtaking family room. Original oak paneling, wrought iron banisters, leaded windows and inlaid floors are featured throughout. Upstairs, there are six exquisitely appointed bedrooms including the luxurious master suite. With rich history, Terraces offers a combination of livability & elegance while still in close proximity to downtown, NYC trains & top-rated Millburn schools -- the ideal Short Hills location!

Last Agent to Sell the Property

ELIZABETH WINTERBOTTOM

KELLER WILLIAMS REALTY Listed on: 11/04/2020

Last Buyer's Agent

Stephanie Lyden

MILLENNIUM FIRST REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,262

Year Built

  • Built in 1936

Lot Details

  • 1.36 Acre Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Slate Roof
  • Tile

Interior Spaces

  • Wet Bar
  • Sound System
  • High Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Front Basement Entry
  • Sump Pump
  • French Drain

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Patio
  • Outbuilding
  • Porch

Schools

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

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Electric Baseboard Heater
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1612-03304-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,262

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1936
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: SEE LISTING AGENT FOR SHORT LIST
  • Renovated Year: 1989
  • Street Number Display: 40
  • Directions: Taylor Road to "Terraces" at #40 Twin Oak Road, Short Hills
  • I D: 5030138
  • Modified: 2022-07-30
  • Number Images: 6
  • Section Subdiv Development: OLD SHORT HILLS
  • First Name: ELIZABETH
  • First Name3: STEPHANIE
  • Last Name: WINTERBOTTOM
  • Last Name3: LYDEN
  • Office Phone3: 973-251-8670
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1989

Interior Features

  • Flooring: Carpeting, Stone, Tile, Wood
  • Fireplace Description: Library, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: CookElec, Dishwasher, Disposal, Hot Tub, Kitchen Exhaust Fan, Refrigerator, Sump Pump, OvnWGas, Water Filter, Water Softener-Own
  • Interior Amenities: Bar-Wet, Cedar Closets, High Ceilings, JacuzTyp, Stereo System, Walk-In Closet, Window Treatments
  • Number Rooms: 18
  • Bedrooms: 6
  • Master Bedroom Desc: Dressing Room, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower And Tub
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, French Drain, Walkout
  • Basement Level Rooms: GarEnter, Laundry Room, Powder 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 Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 26x12
  • Kitchen Level: First
  • Living Room Dim: 28x22
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x14
  • Other Room1 Level: Second
  • Other Room 2: MaidQrtr
  • Other Room2 Dim: 17x15
  • Other Room2 Level: Second
  • Other Room 3: Rec Room
  • Other Room3 Dim: 28x16
  • Other Room3 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Entrance Vestibule, Family Room, Foyer, Kitchen, Library, Living Room, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic, Office, Storage Room
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Barbeque, Hot Tub, Outbuilding(s), Patio, Tennis Courts, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Circular, Lighting

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Electric
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: IRREG 1.36AC
  • Assessed Improvement Value: 1529600
  • Assessed Land Value: 1178300
  • Assessment: 2707900
  • Lot Description: Wooded Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.36
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 52262
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-03304-0000-00004-0000-
  • 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
Nov 4, 2020
Closed on
Jul 12, 2021
Sold by
Baldwin Barbara M
Bought by
Harnew Owen and Pantirer Elizabeth
Seller's Agent
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
Buyer's Agent
Stephanie Lyden
MILLENNIUM FIRST REALTY LLC
List Price
$3,195,000
Sold Price
$2,600,000
Premium/Discount to List
-$595,000
-18.62%
Total Days on Market
85
Current Estimated Value
$4,059,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,459,476
Avg. Annual Appreciation
10.87%
Original Mortgage
$2,080,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2014
Sold by
Beimfohr Edward
Bought by
Baldwin Barbara M

Purchase Details

Closed on
Sep 7, 2012
Sold by
Baldwin David Mcgrath
Bought by
Baldwind David M and Baldwin Barbara M
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
Harnew Owen $2,600,000 Gotham Abstract & Setmnts Ll
Baldwin Barbara M -- --
Baldwin Barbara M -- --
Baldwind David M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harnew Owen $4,000,000
Closed Harnew Owen $2,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $2,600,000 -18.6% $480 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
11/04/2020 11/04/20 For Sale $3,195,000 -- $590 / 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 $67,871 $3,469,900 $1,178,300 $2,291,600
2022 $23,794 $1,224,600 $1,178,300 $46,300
2021 $52,479 $2,707,900 $1,178,300 $1,529,600
2020 $52,154 $2,707,900 $1,178,300 $1,529,600
2019 $52,262 $2,707,900 $1,178,300 $1,529,600
2018 $51,504 $2,707,900 $1,178,300 $1,529,600
2017 $50,259 $2,707,900 $1,178,300 $1,529,600
2016 $61,389 $2,850,000 $1,120,200 $1,729,800
2015 $59,993 $2,850,000 $1,120,200 $1,729,800
2014 $57,456 $2,850,000 $1,120,200 $1,729,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3676573

Garden State MLS

APN: 12-03304-0000-00004