$1,727,500
SOLD JUN 22, 2016

41 Great Hills Terrace Short Hills, NJ 07078

5 Beds
5 Baths
4,100 Sq Ft
0.46 Acres

Recently Sold

$421 Per Sq Ft

10% Above List Price

9 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

EXTRAORDINARY 1 OWNER OCCUPIED RESIDENCE, BUILT IN 1992 HAS EVERY AMENITY! STUNNING 2 STORY LIBRARY INSPIRED BY THE SANBORN LIBRARY AT DARTMOUTH -2 STORY STAINED LEADED GLASS WINDOW, FURNITURE QUALITY SOLID WOOD CABINETRY, FIREPLACE & WROUHT IRON STAIRCASE w VERDIGRIS PANELS! FRONT 2 BACK LR w SLIDERS TO 2 TIER DECK, LRG FR w VAULTED CEILING & WET BAR w SLIDERS 2 DECK & PVT LEVEL PROPERTY. BAY WINDOWS IN DR & LR w LEADED GLASS. KITCHEN HAS LOVELY WOOD CABINETS & GRANITE COUNTERS. LRG SUNNY BREAKFAST RM ALSO OPENS 2 THE DECK. 1ST LEVEL HAS 2 POWDER RMS & LAUNDRY RM. 2ND LEVEL HAS 4 SPACIOUS BRS & 2 BATHS. MASTER BR HAS A LUXURIOUS MASTER BATH w HIS & HER VANITIES & OVERSIZED JACUZZI. LOVELY SITTING RM w CUSTOM BOOKSHELVES OVERLOOKS PARK LIKE YARD & CONVENTLOCATED OFF MBR. LOW LEV w REC RM, BR, BATH & WORKSHOP.

Last Agent to Sell the Property

Binali Patel

RE/MAX ACHIEVERS Listed on: 03/30/2016

RE/MAX ACHIEVERS

Last Buyer's Agent

Victoria Carter

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,101

Year Built

  • Built in 1992

Lot Details

  • 0.46 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

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

Interior Spaces

  • 4,100 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Drapes & Rods
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Library with Fireplace
  • Recreation Room
  • Loft
  • Workshop
  • Utility Room
  • Finished Basement
  • Sump Pump
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Underground Utilities
  • 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

$32,101

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1992
  • County Name: Essex
  • Exclusions: WALKING DISTANCE TO DEERFIELD ELEMENTARY SCHOOL
  • Street Number Display: 41
  • Directions: Old Short Hills Road to Great Hills Road
  • I D: 4611461
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Deerfield
  • First Name: BINALI
  • First Name3: VICTORIA
  • Last Name: PATEL
  • Last Name3: CARTER
  • Office Phone3: 973-376-6748
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Library, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Central Vacuum, OvnWElec, Refrigerator, Dishwasher, Jennaire Type, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Sump Pump
  • Interior Amenities: Bar-Wet, Drapes, Walk-In Closet, Security System, Whirlpool, Blinds, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, High Ceilings, Skylight, Cathedral Ceiling
  • Number Rooms: 14
  • Bedrooms: 5
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Rec Room, Utility Room, Workshop
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 23x13
  • Kitchen Level: First
  • Living Room Dim: 28x14
  • Living Room Level: First
  • Other Room 1: Library
  • Other Room1 Dim: 18x12
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 14x10
  • Other Room2 Level: Ground
  • 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: Bath(s) Other, Loft, 4 Or More Bedrooms, Bath Main
  • Level 2 Rooms: Attic
  • Estimated Sq Ft: 4100
  • Ground Level Rooms: Breakfast Room, Family Room, Kitchen, Laundry Room, Library, Dining Room, Living Room, Pantry
  • Phone: 908-522-9444

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • 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: 104 X IRR .4522AC
  • Assessed Improvement Value: 1079300
  • Assessed Land Value: 445700
  • Assessment: 1525000
  • Easement: Unknown
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Total Acres: 0.46
  • Zoning: SINGLE FAMILY

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 32101
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-04705-0000-00023-0000-
  • Tax Rate Amount: 2.105
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Mar 28, 2022
Sold by
Wu Timothy and Li Angela
Bought by
Li James Y and Lu Mamnan
Seller's Agent
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
Buyer's Agent
MEILEE ZHENG
PREMIUMONE REALTY
List Price
$1,899,000
Sold Price
$2,310,000
Premium/Discount to List
$411,000
21.64%
Current Estimated Value
$2,819,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,703
Avg. Annual Appreciation
5.88%
Original Mortgage
$800,000
Outstanding Balance
$747,465
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$2,072,238

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
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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Average Value
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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 Type Sale Price Title Company
Deed $2,310,000 Chicago Title
Deed $1,727,500 Weichert Title Agency
Deed $800,000 --
Deed $800,000 --
Deed $297,500 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $1,382,000 Adjustable Rate Mortgage/ARM
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: 3293523

Garden State MLS

APN: 12-04705-0000-00023