$2,550,000
SOLD FEB 28, 2025

42 Exeter Rd Short Hills, NJ 07078

7 Beds
5.5 Baths
1,482 Sq Ft
0.38 Acres

Recently Sold

$1,721 Per Sq Ft

11% Below List Price

317 Days on Market

Highlights

  • New Construction
  • En-Suite Primary Bedroom
  • Gas Fireplace
  • Deerfield Elementary School Rated A+
  • Central Air

About This Home

As of February 2025

Greeted by a bright and airy entrance foyer with soaring ceilings, welcome to 42 Exeter! The Kitchen opens to the dining room and family room, serving as the heart of the house and showcases an expansive island, walk-in pantry, wine bar, Viking appliances, and elegant breakfast nook to fulfill all of your inner chef's desires. The 2nd floor boasts 4 generous bedrooms, incl a bedroom suite with EN SUITE bath, 2 spacious bedrooms with a J&J bath, and a Remarkable PRIMARY BEDROOM SUITE with all the bells and whistles, enclosing a custom WIC, gorgeous primary bath, and an EN SUITE office, perfect for WFH or entertaining. The incomparable walk-out basement is mostly above the ground, incl an enormous recreation room, 2 spacious bedrooms, a full bath, an expansive wine bar and tons of storage. Millburn's TOP Schools, Coveted Deerfield Elementary, Parks/Recreation, Thriving Downtown, Easy NYC Commute, Access to major highways, EWR Airport under 20 mins and MORE.

Last Agent to Sell the Property

Hui Lu

RE/MAX SELECT - Westfield Listed on: 04/17/2024

RE/MAX SELECT - Westfield

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,248

Lot Details

  • 0.38 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Garage

Home Design

  • New Construction

Interior Spaces

  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00002 / 04407

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,248

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: None
  • Co List Office Phone: (908) 233-9292
  • Outside Inclusions: Ref, Range/Oven-Gas, Range hood, Dishwasher, Speed/Microwave Oven
  • MLS Status: Sold - Sold
  • Directions: Old Short Hill Road to Exeter Road
  • Reso Fireplace Features: 1 Fireplace, Gas
  • Year Built Details: New Const-New Fdn
  • PropertySubTypeAdditional: Tudor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Primary Bathroom: Yes
  • Basement Remarks: Recreation, 2 Bedrooms, 1 Full Bath, Utility room, Storage

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Cement Siding, Fabricated Stucco, Stone

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Hot Water, Zoned

Lot Info

  • Lot Size Sq Ft: 16596.0

Tax Info

  • Tax Annual Amount: 13248.0
  • Tax Block: 04407
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Dec 10, 2020
Sold by
Skolnick Sheldon and Skolnick Saul
Bought by
Han Bin and Wang Shuyi
Seller's Agent
Binali Patel
RE/MAX ACHIEVERS
Buyer's Agent
Hui Lu
RE/MAX SELECT
List Price
$797,000
Sold Price
$700,000
Premium/Discount to List
-$97,000
-12.17%
Current Estimated Value
$2,738,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,038,183
Avg. Annual Appreciation
31.75%
Original Mortgage
$665,000
Outstanding Balance
$594,769
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,977,324
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 Type Sale Price Title Company
Executors Deed $700,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $665,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $2,550,000 0.0% $1,721 / Sq Ft
11/30/2024 11/30/24 Off Market $2,550,000 -- --
05/30/2024 05/30/24 For Sale $2,850,000 0.0% $1,923 / Sq Ft
05/30/2024 05/30/24 Price Changed $2,850,000 +11.8% $1,923 / Sq Ft
05/16/2024 05/16/24 Off Market $2,550,000 -- --
04/29/2024 04/29/24 Price Changed $3,195,000 -7.4% $2,156 / Sq Ft
04/17/2024 04/17/24 For Sale $3,450,000 +392.9% $2,328 / Sq Ft
12/10/2020 12/10/20 Sold $700,000 -3.2% $472 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/10/2020 10/10/20 Price Changed $723,500 -3.5% $488 / Sq Ft
09/02/2020 09/02/20 Price Changed $750,000 -3.2% $506 / Sq Ft
07/24/2020 07/24/20 Price Changed $775,000 -2.8% $523 / Sq Ft
04/07/2020 04/07/20 For Sale $797,000 -- $538 / 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
2025 $13,248 $1,891,000 $677,300 $1,213,700
2024 $13,248 $927,300 $677,300 $250,000
2022 $14,184 $730,000 $677,300 $52,700
2021 $15,020 $775,000 $720,200 $54,800
2020 $17,733 $920,700 $720,200 $200,500
2019 $17,770 $920,700 $720,200 $200,500
2018 $17,512 $920,700 $720,200 $200,500
2017 $17,088 $920,700 $720,200 $200,500
2016 $14,524 $674,300 $430,700 $243,600
2015 $14,194 $674,300 $430,700 $243,600
2014 $13,594 $674,300 $430,700 $243,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24011492

New Jersey MLS

APN: 12-04407-0000-00002