NOT LISTED FOR SALE

488 Old Short Hills Rd Short Hills, NJ 07078

Estimated Value: $1,878,374 - $2,349,000

4 Beds
3.5 Baths
2,766 Sq Ft
$742/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $1,125,000 $407 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $12,641/month

43 Days on Market

Highlights

  • Contemporary Architecture
  • Great Room with Fireplace
  • Home Gym
  • Deerfield Elementary School Rated A+
  • Home Office
  • Formal Dining Room

About This Home

As of August 2016

SPECTACULAR OPPORTUNITY TO OWN THIS EXCEPTIONAL RANCH BOASTING 4BRMS, 3.5BTHS ON A PARK-LIKE PROPERTY. A WELCOMING ENTRANCE W/HIGH CEILING LEADS TO FAMILY ROOM. FORMAL DRM W/SLIDING DOORS TO SPACIOUS DECK- GREAT FOR ENTERTAINING. KITCHEN W/ GRANITE COUNTERTOPS OPEN TO FDRM. SUN-FILLED SPACIOUS LIVING ROOM W/WOOD FLOORS THROUGHOUT, SPACIOUS MBR FEATURES MBTH. LOWER LEVEL HAS GREAT RM W/FPL, DRY BAR, GUEST BRM, OFFICE AND AN ADDITIONAL ENTERTAINMENT AREA. TWO CAR GARAGE, CLOSE PROXIMITY TO ONE OF THE BEST SCHOOL SYSTEMS AND TRANSPORTATION TO NYC.

Last Agent to Sell the Property

ALLA BERNS

PROMINENT PROPERTIES SIR Listed on: 05/12/2016

Last Buyer's Agent

Simon Westfall-Kwong

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,374

Year Built

  • Built in 1973

Lot Details

  • 0.53 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Dry Bar
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Home Gym
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Schools

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

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 1612-04303-0000-00015-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,374

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Style: Contemporary, Ranch
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1973
  • County Name: Essex
  • Street Number Display: 488
  • Directions: Old Short Hills Rd.
  • I D: 4625531
  • Modified: 2021-09-23
  • Number Images: 14
  • First Name: ALLA
  • First Name3: SIMON
  • Last Name: BERNS
  • Last Name3: WESTFALL-KWONG
  • Office Phone: 973-488-1211
  • Office Phone3: 9734898885
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Dryer
  • Interior Amenities: Bar-Dry, Carbon Monoxide Detector
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Ground
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, SepEnter
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 21x13
  • Kitchen Level: First
  • Living Room Dim: 27x16
  • Living Room Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 30x15
  • Other Room1 Level: Ground
  • Other Room 2: Office
  • Other Room2 Dim: 12x11
  • Other Room2 Level: Ground
  • Other Room3 Dim: 31x12
  • Other Room3 Level: Ground
  • Level 1 Rooms: Bath(s) Other, Family Room, Powder Room, 3 Bedrooms, Dining Room, Living Room, Bath Main
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, Laundry Room, Office, Outside Entrance, Great Room, Vestibul
  • Phone: 973-994-4884

Exterior Features

  • Exterior Description: Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: 115x200
  • Assessed Improvement Value: 534600
  • Assessed Land Value: 385800
  • Assessment: 920400
  • Easement: Unknown
  • Lot Identifier: 15
  • Total Acres: 0.53

Tax Info

  • Tax Amount: 19374
  • Assessor Parcel Number: 1612-04303-0000-00015-0000-
  • Tax Rate Amount: 2.105
  • Tax Rate Year: 2015
  • Tax Year: 2015

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Aug 30, 2016
Sold by
Grushin Mikhail and Grushin Larisa
Bought by
Sehgal Rohit and Bhalla Vasudha
Seller's Agent
ALLA BERNS
PROMINENT PROPERTIES SIR
Buyer's Agent
Simon Westfall-Kwong
EXP REALTY, LLC
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%
Current Estimated Value
$2,052,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,094
Avg. Annual Appreciation
6.06%

Purchase Details

Listed on
Dec 3, 2012
Closed on
Nov 16, 2012
Sold by
Deitch Edwin A and Deitch Jean C
Bought by
Grushin Mikhail and Grushin Larisa
Buyer's Agent
ALLA BERNS
PROMINENT PROPERTIES SIR
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$840,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 1994
Sold by
Roshan Jorosh
Bought by
Deitch Edwin and Deitch Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
8.49%

Purchase Details

Closed on
Aug 8, 1989
Sold by
Fateh Manoocher
Bought by
Roshan Sorosh
Source: Public Records

Range of Values:

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Average Value
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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
Sehgal Rohit $1,125,000 Acres Land Title
Grushin Mikhail $1,050,000 Fidelity Natl Title Ins Co
Deitch Edwin $465,000 --
Roshan Sorosh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grushin Mikhail $840,000
Previous Owner Deitch Edwin $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2016 08/03/16 Sold $1,125,000 -10.0% $407 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $1,250,000 +19.0% $452 / Sq Ft
12/03/2012 12/03/12 Sold $1,050,000 -- $380 / 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 $21,129 $1,080,200 $560,300 $519,900
2024 $21,129 $1,080,200 $560,300 $519,900
2022 $20,988 $1,080,200 $560,300 $519,900
2021 $20,934 $1,080,200 $560,300 $519,900
2020 $20,805 $1,080,200 $560,300 $519,900
2019 $20,848 $1,080,200 $560,300 $519,900
2018 $20,545 $1,080,200 $560,300 $519,900
2017 $20,049 $1,080,200 $560,300 $519,900
2016 $19,825 $920,400 $385,800 $534,600
2015 $19,374 $920,400 $385,800 $534,600
2014 $18,555 $920,400 $385,800 $534,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    ALLA BERNS

    PROMINENT PROPERTIES SIR

  • S

    Buyer's Agent in 2016

    Simon Westfall-Kwong

    EXP REALTY, LLC

    (973) 489-8885

    111 in this area

    384 Total Sales

    Simon Westfall-Kwong
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3306062

Garden State MLS

APN: 12-04303-0000-00015

New Jersey Essex County Short Hills 07078

488 Old Short Hills Rd, Short Hills, NJ

This home is located at 488 Old Short Hills Rd, Short Hills, NJ 07078 since 12 May 2016 and is currently estimated at $2,052,094, approximately $741 per square foot. This property was built in 1973. 488 Old Short Hills Rd 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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