NOT LISTED FOR SALE

5 Marion Ave Short Hills, NJ 07078

Estimated Value: $2,299,086 - $2,734,000

5 Beds
4 Baths
2,863 Sq Ft
$863/Sq Ft Est. Value

Last Sold May 14, 2014

Last sale price $1,380,000 $482 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $15,421/month

About This Home

As of May 2014

This home is located at 5 Marion Ave, Short Hills, NJ 07078 since 14 May 2014 and is currently estimated at $2,469,695, approximately $862 per square foot. This property was built in 1987. 5 Marion Ave is a home located in Essex County with nearby schools including Deerfield Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

DANIELLE FIORINA

C-21 CREST REAL ESTATE, INC. Brokerage Phone: 973-686-1500 Listed on: 05/14/2014

Last Buyer's Agent

SAROJ KALRA

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,155

Year Built

  • Built in 1987

Lot Details

  • 0.45 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,155

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Essex
  • Street Number Display: 5
  • I D: 4386272
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-686-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 150X132
  • Total Acres: 0.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2020
Sold by
Kalra Balkrishan
Bought by
Kalra Balkrishan and Kalra Saroj
Current Estimated Value
$2,469,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Outstanding Balance
$505,306
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,921,320

Purchase Details

Listed on
May 14, 2014
Closed on
May 14, 2014
Sold by
Jong Sheng Fang
Bought by
Kalra Balkrishan
Seller's Agent
DANIELLE FIORINA
C-21 CREST REAL ESTATE, INC.
Buyer's Agent
SAROJ KALRA
RE/MAX SELECT
Sold Price
$1,380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$1,035,000
Interest Rate
4.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kalra Balkrishan -- Misc Company
Kalra Balkrishan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalra Balkrishan $728,000
Previous Owner Kalra Balkrishan $1,035,000
Previous Owner Jong Sheng Fang $100,000
Previous Owner Jong Won T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2014 05/14/14 Sold $1,380,000 -- $482 / 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 $27,155 $1,388,300 $666,100 $722,200
2024 $27,155 $1,388,300 $666,100 $722,200
2022 $26,975 $1,388,300 $666,100 $722,200
2021 $26,905 $1,388,300 $666,100 $722,200
2020 $26,739 $1,388,300 $666,100 $722,200
2019 $26,794 $1,388,300 $666,100 $722,200
2018 $26,405 $1,388,300 $666,100 $722,200
2017 $25,767 $1,388,300 $666,100 $722,200
2016 $23,720 $1,101,200 $365,400 $735,800
2015 $23,180 $1,101,200 $365,400 $735,800
2014 $22,200 $1,101,200 $365,400 $735,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    DANIELLE FIORINA

    C-21 CREST REAL ESTATE, INC.

  • S

    Buyer's Agent in 2014

    SAROJ KALRA

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3084092

Garden State MLS

APN: 12-01302-0000-00011

New Jersey Essex County Short Hills 07078

5 Marion Ave, Short Hills, NJ

This home is located at 5 Marion Ave, Short Hills, NJ 07078 since 14 May 2014 and is currently estimated at $2,469,695, approximately $862 per square foot. This property was built in 1987. 5 Marion Ave is a home located in Essex County with nearby schools including Deerfield Elementary School, Millburn Middle School, and Millburn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes