NOT LISTED FOR SALE

46 Great Hills Terrace Short Hills, NJ 07078

Estimated Value: $4,339,669 - $4,934,000

7 Beds
7.5 Baths
6,137 Sq Ft
$761/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $3,028,000 $493 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $29,438/month

333 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Colonial Architecture
  • Deerfield Elementary School Rated A+
  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace

About This Home

As of November 2020

Spectacular Custom All Brick Center Hall Colonial ideally located on prestigious street on .71 acres of stunning park-like property with a gorgeous salt water pool. Designed w/ Feng Shui principles. This stunning home features a grand entrance hall with 20' ceilings, a stunning gourmet kitchen, 2 fireplaces, and a luxurious master bedroom suite w/ sitting room, 2 walk-in closets, & a spa-like master Bath. 9' ceilings on the 1st & 2nd levels. The lower level features an incredible recreation room w/ large wet bar & karaoke sound system, a Billiard room, full bath, & a state of the art Home Theatre with leather seating for 8. Walk one block to highly rated Deerfield Elementary School. Replacement cost would be 4,000,000! Bus service available to Millburn Middle & High schools. Tax appeal owner won!

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 10/28/2019

Last Buyer's Agent

XIAOXING ZHAO

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,811

Year Built

  • Built in 2003

Lot Details

  • 0.71 Acre Lot
  • Privacy Fence
  • Level Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Wet Bar
  • Sound System
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Game Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Gazebo

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 1612-04101-0000-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,811

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2003
  • Year Built Description: Approximate
  • County Name: Essex
  • Easements Description: Cconservation
  • Exclusions: See Listing Agent
  • Street Number Display: 46
  • Directions: Great Hills Rd to Great Hills Ter
  • I D: 4936444
  • Modified: 2021-11-25
  • Number Images: 25
  • Section Subdiv Development: Deerfield
  • First Name: ARLENE GORMAN
  • First Name3: XIAOXING
  • Last Name: GONNELLA
  • Last Name3: ZHAO
  • Office Phone: 973-376-4545
  • Office Phone3: 347-688-8880
  • Pager Number3: 347-688-8880
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Marble, Tile, Wood
  • Fireplace Description: Bedroom 1, Family Room, Gas Fireplace
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Washer, Water Softener-Own
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, High Ceilings, Intercom, Security System, Smoke Detector, Stereo System, Walk-In Closet, Whirlpool, Window Treatments
  • Number Rooms: 14
  • Bedrooms: 7
  • Master Bedroom Desc: Fireplace, Full Bath, Sitting Room, 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 And Tub
  • Bathrooms: 7.10
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, GameRoom, Media Room, Office, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 20x19
  • Kitchen Level: First
  • Living Room Dim: 16x23
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x12
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 16x12
  • Other Room2 Level: Second
  • Other Room 3: Media Room
  • Other Room3 Dim: 15x17
  • Other Room3 Level: Basement
  • Other Room 4: Rec Room
  • Other Room4 Dim: 37x25
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Library, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Den
  • Level 3 Rooms: Attic
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Barbeque, Gazebo, Patio, Privacy Fence, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Heated, In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 4
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 4 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 4 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

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

Lot Info

  • Lot Size: 110X283
  • Assessed Improvement Value: 2288900
  • Assessed Land Value: 811100
  • Assessment: 3099000
  • Easement: Yes
  • Lot Description: Level Lot
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.71
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 59811
  • Assessor Parcel Number: 1612-04101-0000-00023-0000-
  • Tax Rate Amount: 1.930
  • Tax Rate Year: 2019
  • Tax Year: 2019

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Nov 24, 2020
Sold by
Zhang Joann W
Bought by
Liu Yang and Wang Runsheng
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
XIAOXING ZHAO
COMPASS NEW JERSEY, LLC
List Price
$3,288,000
Sold Price
$3,028,000
Premium/Discount to List
-$260,000
-7.91%
Current Estimated Value
$4,672,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,644,890
Avg. Annual Appreciation
8.67%
Original Mortgage
$2,271,000
Outstanding Balance
$2,010,117
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,514,032

Purchase Details

Closed on
May 31, 2016
Sold by
Zhang Henry and Zhang Joann W
Bought by
Zhang Joann W

Purchase Details

Closed on
Apr 30, 2009
Sold by
Hayum Lisa D and Hayum Gary
Bought by
Zhang Henry and Zhang Joann W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,412,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Great Hills Properties
Bought by
Hayum Lisa

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
6.15%

Purchase Details

Closed on
Aug 7, 1997
Sold by
Morrow Martha
Bought by
Jay Monroe and Monroe Susan
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
Liu Yang $3,028,000 Fidelity National Title
Zhang Joann W -- None Available
Zhang Henry $2,825,000 None Available
Hayum Lisa $1,331,000 --
Jay Monroe $1,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Yang $2,271,000
Previous Owner Zhang Henry $900,000
Previous Owner Zhang Henry $500,000
Previous Owner Zhang Henry $1,412,500
Previous Owner Hayum Lisa D $0
Previous Owner Hayum Lisa $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $3,028,000 -7.9% $493 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $3,288,000 0.0% $536 / Sq Ft
07/21/2020 07/21/20 For Sale $3,288,000 +8.6% $536 / Sq Ft
03/13/2020 03/13/20 Off Market $3,028,000 -- --
01/12/2020 01/12/20 Price Changed $3,350,000 -2.9% $546 / Sq Ft
10/28/2019 10/28/19 For Sale $3,450,000 -- $562 / 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 $57,117 $2,920,100 $730,000 $2,190,100
2024 $57,117 $2,920,100 $730,000 $2,190,100
2022 $56,703 $2,918,300 $730,000 $2,188,300
2021 $56,557 $2,918,300 $730,000 $2,188,300
2020 $56,206 $2,918,300 $730,000 $2,188,300
2019 $66,083 $3,424,000 $811,100 $2,612,900
2018 $65,124 $3,424,000 $811,100 $2,612,900
2017 $63,549 $3,424,000 $811,100 $2,612,900
2016 $62,205 $2,887,900 $469,400 $2,418,500
2015 $60,790 $2,887,900 $469,400 $2,418,500
2014 $58,220 $2,887,900 $469,400 $2,418,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

  • X

    Buyer's Agent in 2020

    XIAOXING ZHAO

    COMPASS NEW JERSEY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3597426

Garden State MLS

APN: 12-04101-0000-00023

New Jersey Essex County Short Hills 07078

46 Great Hills Terrace, Short Hills, NJ

This home is located at 46 Great Hills Terrace, Short Hills, NJ 07078 since 28 October 2019 and is currently estimated at $4,672,890, approximately $761 per square foot. This property was built in 2003. 46 Great Hills Terrace is a home located in Essex County with nearby schools including Deerfield Elementary School, Millburn Middle School, and Millburn High School.

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