NOT LISTED FOR SALE

55 Minnisink Rd Short Hills, NJ 07078

Estimated Value: $3,601,012 - $4,026,000

5 Beds
5 Baths
2,385 Sq Ft
$1,589/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $2,900,000 $1,216 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $24,137/month

421 Days on Market

About This Home

As of July 2022

This home is located at 55 Minnisink Rd, Short Hills, NJ 07078 since 07 April 2021 and is currently estimated at $3,790,003, approximately $1,589 per square foot. This property was built in 1959. 55 Minnisink Rd is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

Roy Scott

VILLAGE SQUARE REALTORS Brokerage Phone: 973-509-2222 Listed on: 04/07/2021

Last Buyer's Agent

SUSAN LEMKAU

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,933

Year Built

  • Built in 1959

Lot Details

  • 0.7 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,933

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Essex
  • Street Number Display: 55
  • I D: 5060789
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-509-2222
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.20

Lot Info

  • Total Acres: 0.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 24, 2022
Sold by
55 Minisink Rd Llc and Mills Trio Llc
Bought by
Richter Sven George and Richter Emma Kate
Seller's Agent
Roy Scott
VILLAGE SQUARE REALTORS
Buyer's Agent
SUSAN LEMKAU
LOIS SCHNEIDER REALTOR
List Price
$5,900,000
Sold Price
$2,900,000
Premium/Discount to List
-$3,000,000
-50.85%
Current Estimated Value
$3,790,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$890,003
Avg. Annual Appreciation
8.37%
Original Mortgage
$1,900,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Sarkisian Harry S
Bought by
Dear Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,900
Interest Rate
5.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2008
Sold by
Sarkisian Harry S
Bought by
Sarkisian Harry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1991
Sold by
Sarnisian Harry and Sarnisian Ann
Bought by
Sarkisian Harry and Sarkisian Ann
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Richter Sven George $2,900,000 Stewart Title Guaranty Company
Dear Lawrence $999,999 123 Title Agency Llc
Sarkisian Harry S -- Multiple
Sarkisian Harry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter Sven George $1,900,000
Previous Owner Dear Lawrence $699,900
Previous Owner Sarkisian Harry S $635,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2022 07/22/22 Sold $2,900,000 -6.1% $1,216 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $3,088,000 -14.2% $1,295 / Sq Ft
04/08/2022 04/08/22 Price Changed $3,599,000 -9.9% $1,509 / Sq Ft
10/15/2021 10/15/21 Price Changed $3,995,000 -11.1% $1,675 / Sq Ft
09/08/2021 09/08/21 Price Changed $4,495,000 -8.3% $1,885 / Sq Ft
06/11/2021 06/11/21 Price Changed $4,900,000 -16.9% $2,055 / Sq Ft
04/07/2021 04/07/21 For Sale $5,900,000 +372.0% $2,474 / Sq Ft
08/31/2017 08/31/17 Sold $1,250,000 -16.4% $524 / Sq Ft View Prior Sale
05/11/2017 05/11/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $1,495,000 -- $627 / 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 $49,933 $2,552,800 $986,200 $1,566,600
2024 $49,933 $2,552,800 $986,200 $1,566,600
2022 $23,161 $1,192,000 $986,200 $205,800
2021 $23,101 $1,192,000 $986,200 $205,800
2020 $22,958 $1,192,000 $986,200 $205,800
2019 $23,006 $1,192,000 $986,200 $205,800
2018 $22,672 $1,192,000 $986,200 $205,800
2017 $22,124 $1,192,000 $986,200 $205,800
2016 $20,194 $937,500 $761,400 $176,100
2015 $19,734 $937,500 $761,400 $176,100
2014 $18,900 $937,500 $761,400 $176,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Roy Scott

    VILLAGE SQUARE REALTORS

    (973) 509-2222

    1 in this area

    7 Total Sales

    Roy Scott
    Section Image

  • S

    Buyer's Agent in 2022

    SUSAN LEMKAU

    LOIS SCHNEIDER REALTOR

  • A

    Seller's Agent in 2017

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3703087

Garden State MLS

APN: 12-03103-0000-00031

New Jersey Essex County Short Hills 07078

55 Minnisink Rd, Short Hills, NJ

Not Listed for Sale

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