NOT LISTED FOR SALE

41 Great Hills Terrace Short Hills, NJ 07078

Estimated Value: $2,750,000 - $2,944,147

5 Beds
5 Baths
3,391 Sq Ft
$843/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $2,310,000 $681 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $18,642/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Cathedral Ceiling
  • Deerfield Elementary School Rated A+
  • Recreation Room
  • Wood Flooring

About This Home

As of April 2022

A rare opportunity to own a stunning brick residence in a prime location just steps to the Deerfield elementary school/playground. This home feels generously sized and is bright and fresh, with new paint and thoughtful upgrades and amenities throughout. The two-story fireside library with powder room is a welcomed surprise as are the large room sizes and modern floor plan including a 28' x 14' living room and 25' x 15' family room with skylights and wet bar. The white chef's kitchen with center island and new Bosch stainless steel appliances and quartz countertops features a pantry and plenty of storage as well as a breakfast area, homework area and newly renovated laundry room with sink. Upstairs, a large primary bedroom suite boasts a large bath with double sinks and sumptuous soaking tub, walk-in closet and sitting room that opens to the library below. Three other generous bedrooms complete the second floor. The lower level offers additional bonus space with recreation room, exercise room, bedroom, full bath and mudroom leading to a spacious two-car garage with Tesla charger. A generous two-tier deck spans the entire rear of the home, offering sweeping views of the flat, expansive and park-like rear property -- an idyllic setting for alfresco entertaining and dining. Privacy abounds in this highly sought-after Deerfield neighborhood which offers close proximity to schools, shopping and local NYC transportation. Truly one-of-a-kind and a must see.

Last Agent to Sell the Property

Anthony Verducci Jr.

SERHANT NEW JERSEY LLC Listed on: 02/21/2022

SERHANT NEW JERSEY LLC

Last Buyer's Agent

MEILEE ZHENG

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,583

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Open Lot
  • Sprinkler System

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Clapboard
  • Tile

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Library with Fireplace
  • Recreation Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Garage Access
  • Sump Pump

Outdoor Features

  • Deck

Schools

  • Deerfield Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Zoned Heating and Cooling
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-04705-0000-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,583

Year Built

Built in 1992 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1992
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Exclusions: See Listing Agent
  • Renovated Year: 2021
  • Street Number Display: 41
  • Directions: Great Hills Road or Troy Lane to Great Hills Terrace.
  • I D: 5125283
  • Modified: 2023-04-09
  • Number Images: 46
  • Section Subdiv Development: DEERFIELD
  • First Name: ANTHONY J
  • First Name3: MEILEE
  • Last Name: VERDUCCI JR
  • Last Name3: ZHENG
  • Attribution Contact: 973-376-8188
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Flooring: Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Library, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Central Vacuum, CookGas, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Refrigerator, Self Cleaning Oven, Sump Pump, OvnWElec, Washer
  • Interior Amenities: Bar-Wet, Blinds, Cathedral Ceiling, Fire Alarm Sys, Shades, Skylight, Walk-In Closet
  • Number Rooms: 14
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, 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
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, GarEnter, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Separate Dining Area
  • Kitchen Dim: 23x13
  • Kitchen Level: First
  • Living Room Dim: 28x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x10
  • Other Room1 Level: Basement
  • Other Room 2: Library
  • Other Room2 Dim: 18x12
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 18x14
  • Other Room3 Level: Basement
  • Other Room 4: SittngRm
  • Other Room4 Dim: 18x12
  • Other Room4 Level: Second
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Library, Living Room, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, SittngRm
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Brick, Clapboard, Wood
  • Exterior Features: Curbs, Deck, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 104XIRR .4522AC
  • Assessed Improvement Value: 890900
  • Assessed Land Value: 790400
  • Assessment: 1681300
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.45
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 32583
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-04705-0000-00023-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.938
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
Jun 1, 2016
Sold by
Morris Arnold and Morris Kim
Bought by
Wu Timothy and Li Angela
Seller's Agent
Binali Patel
RE/MAX ACHIEVERS
Buyer's Agent
Victoria Carter
WEICHERT REALTORS
List Price
$1,570,000
Sold Price
$1,727,500
Premium/Discount to List
$157,500
10.03%
Current Estimated Value
$2,851,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,123,507
Avg. Annual Appreciation
5.68%
Original Mortgage
$1,382,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 1992
Sold by
Cicalese Rose Ella and Cicalese Patrick
Bought by
Morris Arnold and Morris Kim

Purchase Details

Closed on
Jul 9, 1990
Sold by
Harvco Construction Co
Bought by
Cicalese Rose and Cicalese Patrick

Purchase Details

Closed on
Oct 20, 1988
Sold by
Harvco Construction Co
Bought by
Township Of Millbur
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
Wu Timothy $1,727,500 Weichert Title Agency
Morris Arnold $800,000 --
Morris Arnold $800,000 --
Cicalese Rose $297,500 --
Township Of Millbur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Timothy $1,295,000
Closed Wu Timothy $1,382,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $2,310,000 +21.6% $681 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $1,899,000 +9.9% $560 / Sq Ft
06/22/2016 06/22/16 Sold $1,727,500 +10.0% $421 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $1,570,000 -- $383 / 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 $34,754 $1,776,800 $790,400 $986,400
2024 $34,754 $1,776,800 $790,400 $986,400
2022 $32,668 $1,681,300 $790,400 $890,900
2021 $32,584 $1,681,300 $790,400 $890,900
2020 $32,382 $1,681,300 $790,400 $890,900
2019 $32,449 $1,681,300 $790,400 $890,900
2018 $31,978 $1,681,300 $790,400 $890,900
2017 $31,205 $1,681,300 $790,400 $890,900
2016 $32,849 $1,525,000 $445,700 $1,079,300
2015 $32,101 $1,525,000 $445,700 $1,079,300
2014 $30,744 $1,525,000 $445,700 $1,079,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3765030

Garden State MLS

APN: 12-04705-0000-00023