NOT LISTED FOR SALE

53 Colonial Way Short Hills, NJ 07078

Estimated Value: $1,610,000 - $2,009,000

4 Beds
2.5 Baths
2,506 Sq Ft
$707/Sq Ft Est. Value

Last Sold July 04, 2022

Last sale price $1,270,000 $507 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,404/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Recreation Room
  • Hartshorn Elementary School Rated A+
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of July 2022

Truly Fabulous Home! Located in one of the most coveted neighborhoods in the Hartshorn Section of Short Hills. This enchanting center hall colonial with tremendous curb appeal will win your heart the moment you set foot on its exquisite front porch. Inside, you will be greeted by gleaming hardwood floors, spacious living room and dining room, an awe-inspiring eat-in kitchen adorned with top-of-the-line appliances, and a vast center island with a beverage fridge and wet bar sink. The kitchen offers open concept access to the family room with French sliders opening into a large patio overlooking a flat fenced backyard. The main floor is further embellished with a powder room and a large office that may be used as a second family room or first-floor bedroom. The second floor offers a spacious primary bedroom with an attached full bath, 3 more large bedrooms, and an updated full bath. High ceilings and large picture windows are waiting for you in one of the upstairs bedrooms. The basement offers an impeccable large rec-room, plenty of storage, and a laundry room. 2 Car Garage with an automatic garage door opener leads to a mudroom, coat closet, and a walk-in pantry. Major renovations in 2003. Many major appliances have been upgraded in past few years. Freshly painted, ready to move in pristine home ideal for indoor/outdoor entertaining. Easy access to all major highways, Newark International airport, Short Hills Mall, Short Hills train station, and NYC. Top Rated Millburn Schools

Last Agent to Sell the Property

Richa Garg

WEICHERT REALTORS Listed on: 04/06/2022

WEICHERT REALTORS

Last Buyer's Agent

Richa Garg

WEICHERT REALTORS Listed on: 04/06/2022

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,725

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Privacy Fence
  • Fenced

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wet Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Bidet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Patio

Schools

  • Hartshorn Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-03504-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,725

Year Built

Built in 1937 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1937
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Renovated Year: 2003
  • Street Number Display: 53
  • Directions: Hobart Gap to Way Side to Colonial Way
  • I D: 5141443
  • Modified: 2023-07-05
  • Number Images: 28
  • Section Subdiv Development: Hartshorn
  • First Name: RICHA
  • First Name3: RICHA
  • Last Name: GARG
  • Last Name3: GARG
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2003

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer, WineRefr
  • Interior Amenities: Bar-Wet, Bidet, Blinds, Drapes, Fire Extinguisher, High Ceilings, JacuzTyp, StallShw, Window Treatments
  • Number Rooms: 11
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Bidet, Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 12x19
  • Kitchen Level: First
  • Living Room Dim: 12x25
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 15x23
  • Other Room1 Level: Basement
  • Other Room 2: Storage Room
  • Other Room2 Dim: 15x23
  • Other Room2 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, Office, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Curbs, Deck, Metal Fence, Patio, Privacy Fence, Storm Door(s), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: IRREG .2525 AC
  • Assessed Improvement Value: 305900
  • Assessed Land Value: 769100
  • Assessment: 1075000
  • Easement: Unknown
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Total Acres: 0.25

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21725
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-03504-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.938
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: HARTSHORN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jun 28, 2022
Sold by
Moi Ting and Moi Sek
Bought by
Kirpekar Parthasarthy S and Bakshi Puja
Seller's Agent
Richa Garg
WEICHERT REALTORS
Buyer's Agent
Richa Garg
WEICHERT REALTORS
List Price
$1,395,000
Sold Price
$1,270,000
Premium/Discount to List
-$125,000
-8.96%
Current Estimated Value
$1,771,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,526
Avg. Annual Appreciation
11.14%
Original Mortgage
$1,016,000
Outstanding Balance
$968,094
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$803,432

Purchase Details

Closed on
May 23, 1990
Sold by
Falk Lee R and Falk Suzanne L
Bought by
Ting Tapeng and Teng,Sek Moi
Source: Public Records

Range of Values:

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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
Kirpekar Parthasarthy S $1,270,000 Chicago Title
Ting Tapeng $303,000 --
Ting Tapeng $303,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirpekar Parthasarthy S $1,016,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2022 07/04/22 Sold $1,270,000 -2.2% $507 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/20/2022 04/20/22 Price Changed $1,299,000 -6.9% $518 / Sq Ft
04/06/2022 04/06/22 For Sale $1,395,000 -- $557 / 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 $21,027 $1,075,000 $769,100 $305,900
2024 $21,027 $1,075,000 $769,100 $305,900
2022 $20,887 $1,075,000 $769,100 $305,900
2021 $20,834 $1,075,000 $769,100 $305,900
2020 $21,725 $1,128,000 $769,100 $358,900
2019 $21,770 $1,128,000 $769,100 $358,900
2018 $21,455 $1,128,000 $769,100 $358,900
2017 $20,936 $1,128,000 $769,100 $358,900
2016 $19,925 $925,000 $517,700 $407,300
2015 $19,471 $925,000 $517,700 $407,300
2014 $18,648 $925,000 $517,700 $407,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3773958

Garden State MLS

APN: 12-03504-0000-00007