NOT LISTED FOR SALE

51 Silver Spring Rd Short Hills, NJ 07078

Estimated Value: $1,151,000 - $1,489,000

3 Beds
2.5 Baths
1,408 Sq Ft
$953/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $988,000 $702 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,746/month

29 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • 2 Car Attached Garage
  • Deerfield Elementary School Rated A+
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of December 2022

This spacious and bright Short Hills three-bedroom, two-and-a-half bathroom home charms with a fantastic layout, yard and excellent location close to top-rated schools and two Midtown-direct train stations. Hardwood floors and oversized windows welcome you inside the exceptional open-plan layout. Relax in front of a fireplace and leafy treetop views in the large living room, or entertain in the adjacent dining area. Outside, a patio is perfect for indoor-outdoor living, surrounded by a lush lawn and tall mature trees. In the sunny kitchen, crisp white cabinetry and marble countertops surround stainless steel appliances, including a gas range and dishwasher. Wrapped in walls of spectacular windows, the family room seems to float among the towering trees. Head to the king-size primary suite to discover a large closet and an en suite bathroom with a walk-in shower, roomy vanity. Two sun-splashed secondary bedrooms share another full bathroom. Below, the finished basement offers beautiful exposed brick, a powder room, and an expansive, flexible layout perfect for a rec room, fitness area, playroom or all of the above. A two-car garage and long driveway complete this must-see Short Hills sanctuary. Located on a lovely tree-lined street, this home is just minutes to South Mountain Reservation.

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-376-8990 Listed on: 09/12/2022

Last Buyer's Agent

TAMARA BIGMAN

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,504

Year Built

  • Built in 1950

Lot Details

  • 7,841

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Millburn Middle School
  • Millburn High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Additional Features

  • Patio
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1612-04201-0000-00019-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,504

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Per the Listing Agreement
  • Street Number Display: 51
  • Directions: Old Short Hills Rd to Silver Spring Rd
  • I D: 5176123
  • Modified: 2023-12-02
  • Number Images: 32
  • First Name: MARGARET
  • First Name3: TAMARA
  • First Name4: MARGARET
  • Last Name: MIGGINS
  • Last Name3: BIGMAN
  • Last Name4: MIGGINS
  • Office Phone: 973-376-8990
  • Office Phone3: 973-376-8990
  • Office Phone4: 973-376-8990
  • Attribution Contact: 973-376-8990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven-Gas
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x9
  • Living Room Dim: 19x19
  • Living Room Level: First
  • Level 1 Rooms: Dining Room, Family Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Ground Level Rooms: GarEnter, Powder Room
  • Phone: 973-376-8990

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 70X114
  • Assessed Improvement Value: 188400
  • Assessed Land Value: 611600
  • Assessment: 800000
  • Easement: Unknown
  • Lot Identifier: 19
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15504
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-04201-0000-00019-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.938
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Dec 1, 2022
Sold by
Murphy Michael and Murphy Julie
Bought by
Zhang Yue and He Qian
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
TAMARA BIGMAN
KELLER WILLIAMS REALTY
List Price
$988,000
Sold Price
$988,000
Views
40
Current Estimated Value
$1,341,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,121
Avg. Annual Appreciation
11.59%
Original Mortgage
$790,400
Outstanding Balance
$770,573
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$540,593

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 9, 2021
Sold by
Xia Gang and Shen Fang
Bought by
Murphy Michael and Murphy Julie
Seller's Agent
SYLVIA WEI LIN
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
SYLVIA WEI LIN
ELITE REALTORS OF NEW JERSEY
List Price
$818,000
Sold Price
$820,000
Premium/Discount to List
$2,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%
Original Mortgage
$615,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2008
Sold by
Drygulski John V and Drygulski Helen
Bought by
Xia Gang and Fang Shen Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Zhang Yue $988,000 Acres Land Title
Murphy Michael $820,000 Green Hill Title Llc
Xia Gang $685,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yue $790,400
Previous Owner Murphy Michael $615,000
Previous Owner Xia Gang $330,000
Previous Owner Xia Gang $405,000
Previous Owner Xia Gang $409,000
Previous Owner Xia Gang $414,000
Previous Owner Xia Gang $417,000
Previous Owner Xia Gang $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $988,000 0.0% $702 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $988,000 +20.5% $702 / Sq Ft
11/30/2021 11/30/21 Sold $820,000 +0.2% $582 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $818,000 -- $581 / 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
2024 $15,648 $800,000 $611,600 $188,400
2022 $15,544 $800,000 $611,600 $188,400
2021 $15,504 $800,000 $611,600 $188,400
2020 $16,429 $853,000 $611,600 $241,400
2019 $16,463 $853,000 $611,600 $241,400
2018 $16,224 $853,000 $611,600 $241,400
2017 $15,832 $853,000 $611,600 $241,400
2016 $14,460 $671,300 $413,700 $257,600
2015 $14,131 $671,300 $413,700 $257,600
2014 $13,533 $671,300 $413,700 $257,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3806889

Garden State MLS

APN: 12-04201-0000-00019