$2,650,000
SOLD AUG 24, 2013

5 Sylvan Way Short Hills, NJ 07078

7 Beds
7 Baths
2,602 Sq Ft
0.56 Acres

Recently Sold

$1,018 Per Sq Ft

About This Home

As of July 2019

This home is located at 5 Sylvan Way, Short Hills, NJ 07078 and is currently priced at $2,650,000, approximately $1,018 per square foot. 5 Sylvan Way 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

ELAINE PRUZON

PROMINENT PROPERTIES SIR Brokerage Phone: 973-376-5200 Listed on: 08/24/2013

Last Buyer's Agent

Cynthia Bienemann

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,704

Lot Details

  • 0.56 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,704

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 5
  • I D: 4370657
  • Modified: 2014-08-25
  • Number Images: 1
  • Attribution Contact: 973-376-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 6.10

Lot Info

  • Lot Size: IRREG .5624AC
  • Total Acres: 0.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2013
Closed on
Aug 29, 2013
Sold by
Finger Randi and Finger Jeffrey E
Bought by
Tablis Marina
Seller's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
Buyer's Agent
Cynthia Bienemann
PROMINENT PROPERTIES SIR
Sold Price
$2,650,000
Current Estimated Value
$4,394,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,744,471
Avg. Annual Appreciation
4.32%
Original Mortgage
$1,987,500
Outstanding Balance
$1,494,034
Interest Rate
4.51%
Estimated Equity
$2,900,437

Purchase Details

Closed on
May 27, 2010
Sold by
5 Sylvan Way Llc
Bought by
Finger Jeffrey E and Finger Randi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2008
Sold by
Guritzky Glenn C and Guritzky Ellen R
Bought by
5 Sylvan Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,648,875
Interest Rate
6.4%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 1999
Sold by
Chatham Prop
Bought by
Guritzky Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.54%
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
Deed $2,650,000 --
Deed $2,687,500 Old Republic National Title
Deed $998,500 Lawyers Title Insurance Corp
Deed $518,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,987,500 No Value Available
Closed -- No Value Available
Previous Owner $1,956,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $1,648,875 Construction
Previous Owner $500,000 Credit Line Revolving
Previous Owner $225,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $2,490,000 -14.0% $297 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $2,895,000 +9.2% $345 / Sq Ft
08/24/2013 08/24/13 Sold $2,650,000 -- $1,018 / 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 $48,704 $2,490,000 $799,700 $1,690,300
2024 $48,704 $2,490,000 $799,700 $1,690,300
2022 $48,381 $2,490,000 $799,700 $1,690,300
2021 $55,299 $2,853,400 $799,700 $2,053,700
2020 $54,956 $2,853,400 $799,700 $2,053,700
2019 $55,071 $2,853,400 $799,700 $2,053,700
2018 $54,272 $2,853,400 $799,700 $2,053,700
2017 $52,959 $2,853,400 $799,700 $2,053,700
2016 $51,050 $2,370,000 $506,200 $1,863,800
2015 $49,889 $2,370,000 $506,200 $1,863,800
2014 $47,779 $2,370,000 $506,200 $1,863,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3070083

Garden State MLS

APN: 12-04503-0000-00013