NOT LISTED FOR SALE

506 Millburn Ave Unit 3 Short Hills, NJ 07078

Estimated Value: $1,684,051

1 Bed
1 Bath
5,600 Sq Ft
$301/Sq Ft Est. Value

About This Home

This home is located at 506 Millburn Ave Unit 3, Short Hills, NJ 07078 and is currently estimated at $1,684,051, approximately $300 per square foot. 506 Millburn Ave Unit 3 is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2023
Sold by
Urso Perri
Bought by
Urso Properties Llc
Current Estimated Value
$1,684,051

Purchase Details

Closed on
Apr 10, 2007

Purchase Details

Closed on
Dec 31, 1998
Sold by
Shepard Nancy
Bought by
Urso Perri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 1989
Sold by
Shepard Iii Joseph H
Bought by
Shepard Nancy B
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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.

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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
Urso Properties Llc -- None Listed On Document
-- -- --
Urso Perri $450,000 --
Shepard Nancy B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urso Perri $200,000
Source: Public Records

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 $17,115 $875,000 $250,500 $624,500
2024 $17,115 $875,000 $250,500 $624,500
2022 $17,001 $875,000 $250,500 $624,500
2021 $16,958 $875,000 $250,500 $624,500
2020 $18,089 $939,200 $250,500 $688,700
2019 $18,127 $939,200 $250,500 $688,700
2018 $17,864 $939,200 $250,500 $688,700
2017 $17,432 $939,200 $250,500 $688,700
2016 $18,628 $864,800 $215,000 $649,800
2015 $18,204 $864,800 $215,000 $649,800
2014 $17,434 $864,800 $215,000 $649,800
Source: Public Records

Map

New Jersey Essex County Short Hills 07078

506 Millburn Ave Unit 3, Short Hills, NJ

This home is located at 506 Millburn Ave Unit 3, Short Hills, NJ 07078 and is currently estimated at $1,684,051, approximately $300 per square foot. 506 Millburn Ave Unit 3 is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.

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