NOT LISTED FOR SALE

42 Colonial Way Short Hills, NJ 07078

Estimated Value: $1,725,000 - $1,923,737

5 Beds
5 Baths
2,482 Sq Ft
$721/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $1,600,000 $645 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,669/month

12 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Rectangular Lot
  • Hartshorn Elementary School Rated A+

About This Home

As of March 2024

A masterpiece of luxury nestled in the Hartshorn section of Short Hills, where every detail reflects unparalleled craftsmanship. With 5 bedrooms, 3 full and 2 half baths, this home combines classic elegance with contemporary comfort. The heart of the home boasts top-tier appliances and marble countertops, making it a chef's delight. This culinary haven seamlessly opens to a family room, where comfort meets luxury, ideal for hosting or tranquil evenings. The dining room, a harmonious blend of sophistication and warmth, awaits your celebrated occasions, surrounded by windows that frame the idyllic outdoors. The living room, anchored by a wood-burning fireplace, becomes a cozy refuge for intimate gatherings or quiet moments alone. Upstairs, the bedrooms emerge as sanctuaries of peace across two levels, each accompanied by ample closets and walls of windows that promise relaxation.

Last Agent to Sell the Property

Anthony Verducci Jr.

Serhant New Jersey LLC Listed on: 02/01/2024

Serhant New Jersey LLC

Last Buyer's Agent

Kevin Karcich

Keller Williams Realty Metropolitan

Keller Williams Realty Metropolitan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,042

Lot Details

  • 8,120 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Hartshorn Elementary School
  • Millburn Middle School
  • Millburn Sr. High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 00012 / 03503

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,042

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (646) 480-7665
  • MLS Status: Sold - Sold
  • Directions: Morris Turnpike to Wayside to Colonial Way OR Hemlock Road to Wayside to Colonial Way.
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,2000's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Colonial
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: See Listing Agent
  • Construction Type: Shingle Siding, Stone Faced

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric, Natural Gas, Steam

Schools

  • Elementary School: Hartshorn E.S.
  • High School: Millburn Sr. H.S.
  • Middle Or Junior School: Millburn M.S.
  • Elementary: Hartshorn E.S.

Lot Info

  • Lot Size Sq Ft: 8120.0

Tax Info

  • Tax Annual Amount: 22042.0
  • Tax Block: 03503
  • Tax Lot: 00012

MLS Schools

  • High School Text: Millburn Sr. H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 27, 2024
Sold by
Sherman Mark and Sherman Ellen Lubin
Bought by
Dong Tiantian and Su Shan
Seller's Agent
Anthony Verducci Jr.
Serhant New Jersey LLC
Buyer's Agent
Kevin Karcich
Keller Williams Realty Metropolitan
List Price
$1,490,000
Sold Price
$1,600,000
Premium/Discount to List
$110,000
7.38%
Views
100
Current Estimated Value
$1,788,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,934
Avg. Annual Appreciation
9.19%
Original Mortgage
$1,280,000
Outstanding Balance
$1,266,042
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$522,892
Source: Public Records

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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
Dong Tiantian $1,600,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Tiantian $1,280,000
Previous Owner Sherman Mark $162,426
Previous Owner Sherman Mark $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $1,600,000 +7.4% $645 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,490,000 -- $600 / Sq Ft
Source: New Jersey 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 $22,042 $1,126,900 $757,600 $369,300
2023 $21,896 $1,126,900 $757,600 $369,300
2022 $21,896 $1,126,900 $757,600 $369,300
2021 $21,839 $1,126,900 $757,600 $369,300
2020 $21,704 $1,126,900 $757,600 $369,300
2019 $21,749 $1,126,900 $757,600 $369,300
2018 $21,434 $1,126,900 $757,600 $369,300
2017 $20,915 $1,126,900 $757,600 $369,300
2016 $21,264 $987,200 $511,700 $475,500
2015 $20,781 $987,200 $511,700 $475,500
2014 $19,902 $987,200 $511,700 $475,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24015536

New Jersey MLS

APN: 12-03503-0000-00012