NOT LISTED FOR SALE

470 Old Short Hills Rd Short Hills, NJ 07078

Estimated Value: $2,531,000 - $2,831,000

5 Beds
6 Baths
-- Sq Ft
1.21 Acres

Last Sold February 21, 2020

Last sale price $1,500,000

Est. 81% increase in value since last sale

Current estimated payment $17,219/month

103 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Custom Home
  • Deerfield Elementary School Rated A+
  • Sitting Area In Primary Bedroom
  • 1.21 Acre Lot

About This Home

As of February 2020

Buyers will appreciate the unparalleled luxury of this prestigious 1.2 acre all-brick estate. Updated in 2019 5BD/4.2BA. In-law suite. In ground heated pool & spa updated in 2015. Exquisite details throughout. Entertain in style: This custom brick home has just been tastefully updated with the latest colors and style.. Gourmet eat-in kitchen w/center island, sleek Sub-Zero and Wolf appliances. Indulge yourself in the luxurious master en suite w/sitting area, spa-like bath, 2 WICs, private veranda overlooking newly renovated in-ground pool and spa. Expansive lush landscape. Separate ground level entrance w/rooms for live-in suite or office. Gym, home theater w/custom wet bar/kitchenette, laundry, mudroom. 9 heat zones. 5-car garage (3CG w/heat/air, designed for lift), pool house.

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Listed on: 09/27/2019

Last Buyer's Agent

SUZETTE POTOLSKY

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,314

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 1.21 Acre Lot
  • Level Lot

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Additional Parking

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Composition Shingle Roof

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Storage Room
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Outbuilding

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
  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-04206-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,314

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Renovated
  • County Name: Essex
  • Exclusions: See Listing Agent
  • Renovated Year: 2019
  • Street Number Display: 470
  • Directions: South Orange Avenue to Old Short Hills Road
  • I D: 4934401
  • Modified: 2021-09-23
  • Number Images: 18
  • First Name: MARGARET
  • First Name3: SUZETTE
  • Last Name: MIGGINS
  • Last Name3: POTOLSKY
  • Office Phone: 973-376-8990
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Non-Functional
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, OvnWElec, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Bar-Wet, Walk-In Closet, Carbon Monoxide Detector, High Ceilings, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 14
  • Bedrooms: 5
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Bidet, Stall Shower, Jetted Tub
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room, Utility Room, Storage Room, Media Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Ground
  • Family Room Level: First
  • In Law Suite: Yes
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 28x13
  • Kitchen Level: First
  • Living Room Dim: 16x14
  • Living Room Level: First
  • Other Room 1: Leisure Room
  • Other Room1 Dim: 11x10
  • Other Room1 Level: Third
  • Other Room 2: Office
  • Other Room2 Dim: 15x15
  • Other Room2 Level: Third
  • Other Room 3: Rec Room
  • Other Room3 Dim: 27x17
  • Other Room3 Level: Basement
  • Other Room 4: Media Room
  • Other Room4 Dim: 28x19
  • Other Room4 Level: Basement
  • Other Level Rooms: Additional Bedroom
  • Level 1 Rooms: Breakfast Room, Foyer, Living Room, Dining Room, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath Main
  • Ground Level Rooms: Office, Library, Outside Entrance, Maid Quarters, Powder Room
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Storage Shed, Hot Tub, Patio, Deck, Outbuilding(s)
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle, Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Pull Down Stairs
  • Number Garage Spaces: 5
  • Number Parking Spaces: 6
  • Parking Driveway Description: Additional Parking, Blacktop, Circular

Utilities

  • Cooling: Multi-Zone Cooling, 2 Units, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Radiant - Hot Water, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: 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: 209X253
  • Assessed Improvement Value: 847900
  • Assessed Land Value: 851100
  • Assessment: 1699000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.21
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 32314
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-04206-0000-00004-0000-
  • Tax Rate Amount: 1.902
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Szott Kevin and Szott Wanda
Bought by
Panjwani Rohan Ramesh and Panjwani Jyoti B
Current Estimated Value
$2,711,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,708,000
Outstanding Balance
$1,690,479
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$893,651

Purchase Details

Listed on
Sep 27, 2019
Closed on
Feb 4, 2020
Sold by
Wetzel Keith
Bought by
Szott Kevin and Szott Wanda
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
SUZETTE POTOLSKY
PROMINENT PROPERTIES SIR
List Price
$1,675,000
Sold Price
$1,500,000
Premium/Discount to List
-$175,000
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$800,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2013
Closed on
Aug 28, 2013
Sold by
Beric Aleksandar and Beric Bojana
Bought by
Wetzel Keith and Wetzel Sharon
Seller's Agent
LORI DAHL
COLDWELL BANKER REALTY
Buyer's Agent
LORI DAHL
COLDWELL BANKER REALTY
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.34%

Purchase Details

Closed on
Feb 19, 1992
Sold by
Tutela Rocco R
Bought by
Beric Aleksandar and Beric Bojana
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
Panjwani Rohan Ramesh $2,440,000 Acres Land Title
Panjwani Rohan Ramesh $2,440,000 Acres Land Title
Szott Kevin $1,500,000 Westcor Land Title Ins Co
Wetzel Keith $2,000,000 --
Beric Aleksandar $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panjwani Rohan Ramesh $1,708,000
Closed Panjwani Rohan Ramesh $1,708,000
Previous Owner Szott Kevin $800,000
Previous Owner Berie Aleksandar $1,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $1,500,000 +0.3% --
01/08/2020 01/08/20 Pending -- -- --
11/18/2019 11/18/19 Price Changed $1,495,000 -6.3% --
10/23/2019 10/23/19 Price Changed $1,595,000 -4.8% --
09/27/2019 09/27/19 For Sale $1,675,000 -16.3% --
08/30/2013 08/30/13 Sold $2,000,000 -- --
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 $29,340 $1,500,000 $851,100 $648,900
2024 $29,340 $1,500,000 $851,100 $648,900
2022 $29,145 $1,500,000 $851,100 $648,900
2021 $29,070 $1,500,000 $851,100 $648,900
2020 $32,723 $1,699,000 $851,100 $847,900
2019 $32,791 $1,699,000 $851,100 $847,900
2018 $32,315 $1,699,000 $851,100 $847,900
2017 $31,533 $1,699,000 $851,100 $847,900
2016 $26,175 $1,215,200 $396,000 $819,200
2015 $25,580 $1,215,200 $396,000 $819,200
2014 $24,498 $1,215,200 $396,000 $819,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3590973

Garden State MLS

APN: 12-04206-0000-00004