NOT LISTED FOR SALE

41 Lake Rd Short Hills, NJ 07078

Estimated Value: $3,946,000 - $4,817,000

5 Beds
6 Baths
4,910 Sq Ft
$871/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $4,050,000 $825 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $27,401/month

238 Days on Market

About This Home

As of December 2023

This home is located at 41 Lake Rd, Short Hills, NJ 07078 since 17 April 2023 and is currently estimated at $4,276,785, approximately $871 per square foot. This property was built in 1952. 41 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

SHERILL LACY

PROMINENT PROPERTIES SIR Brokerage Phone: 973-376-8188 Listed on: 04/17/2023

Co-Listed By

Anthony Verducci Jr.

SERHANT NEW JERSEY LLC Brokerage Phone: 973-376-8188

SERHANT NEW JERSEY LLC

Last Buyer's Agent

Anthony Verducci Jr.

SERHANT NEW JERSEY LLC Brokerage Phone: 973-376-8188

SERHANT NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,384

Year Built

  • Built in 1952

Lot Details

  • 1 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,384

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • County Name: Essex
  • Street Number Display: 41
  • I D: 5213248
  • Modified: 2024-12-16
  • Number Images: 1
  • Attribution Contact: 973-376-8188
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 143XIRR 1.0 AC
  • Total Acres: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Dec 8, 2023
Sold by
Moriarty Thomas and Moriarty Diane Reese
Bought by
Bosselman Robert J and Fan Jennifer
Seller's Agent
SHERILL LACY
PROMINENT PROPERTIES SIR
Buyer's Agent
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
List Price
$3,750,000
Sold Price
$4,050,000
Premium/Discount to List
$300,000
8%
Views
20
Current Estimated Value
$4,276,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,785
Avg. Annual Appreciation
3.16%
Original Mortgage
$3,000,000
Outstanding Balance
$2,947,469
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$1,329,316

Purchase Details

Closed on
Sep 15, 2011
Sold by
Clarke Seldon T and Clarke Louise
Bought by
Moriarty Thomas and Moriarty Diane Reese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 1995
Sold by
Hoy Henry
Bought by
Clakre Seldon and Clarke Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.58%

Purchase Details

Closed on
Jun 20, 1990
Sold by
Hoyt Hoyt H and Hoyt C
Bought by
Hoyt Hoyt H and Hoyt C

Purchase Details

Closed on
Aug 10, 1989
Sold by
Hoyt Henry H and Hoyt Anna O
Bought by
Hoyt Henry H Jr Et Als
Source: Public Records

Range of Values:

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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
Bosselman Robert J $4,050,000 Legend Title
Moriarty Thomas $2,684,000 None Available
Clakre Seldon $1,212,500 --
Hoyt Hoyt H -- --
Hoyt Henry H Jr Et Als -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosselman Robert J $3,000,000
Previous Owner Moriarty Thomas $729,750
Previous Owner Clarke Seldon T $500,000
Previous Owner Clakre Seldon $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $4,050,000 +8.0% $825 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $3,750,000 -7.4% $764 / Sq Ft
04/26/2023 04/26/23 Off Market $4,050,000 -- --
04/20/2023 04/20/23 For Sale $3,750,000 -- $764 / 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 $55,384 $2,831,500 $1,108,300 $1,723,200
2024 $55,384 $2,831,500 $1,108,300 $1,723,200
2022 $55,016 $2,831,500 $1,108,300 $1,723,200
2021 $54,874 $2,831,500 $1,108,300 $1,723,200
2020 $54,535 $2,831,500 $1,108,300 $1,723,200
2019 $54,648 $2,831,500 $1,108,300 $1,723,200
2018 $53,855 $2,831,500 $1,108,300 $1,723,200
2017 $52,553 $2,831,500 $1,108,300 $1,723,200
2016 $57,813 $2,684,000 $1,000,000 $1,684,000
2015 $56,498 $2,684,000 $1,000,000 $1,684,000
2014 $54,109 $2,684,000 $1,000,000 $1,684,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SHERILL LACY

    PROMINENT PROPERTIES SIR

  • A

    Seller Co-Listing Agent in 2023

    Anthony Verducci Jr.

    SERHANT NEW JERSEY LLC

    (973) 477-2220

    61 in this area

    137 Total Sales

    Anthony Verducci Jr.
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Map

Source: Garden State MLS

MLS Number: 3838782

Garden State MLS

APN: 12-02208-0000-00004

New Jersey Essex County Short Hills 07078

41 Lake Rd, Short Hills, NJ

This home is located at 41 Lake Rd, Short Hills, NJ 07078 since 17 April 2023 and is currently estimated at $4,276,785, approximately $871 per square foot. This property was built in 1952. 41 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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