NOT LISTED FOR SALE

Estimated Value: $3,517,668 - $3,766,000

5 Beds
6 Baths
5,800 Sq Ft
$624/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $2,900,000 $500 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $24,234/month

421 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • 0.7 Acre Lot
  • Wood Flooring
  • Hartshorn Elementary School Rated A+
  • Contemporary Architecture
  • High Ceiling

About This Home

As of July 2022

Hollywood Hills meets Historic Short Hills! Beautifully created from the ground up, saving an existing award-winning design created in the 50s was completely overhauled and lifted to sit on top. This dramatic contemporary gem believe it or not is historic....this piece of art is a one-of-a-kind in the state. If you are looking for ease of living with every possible amenity this home is for you. Handicap accessible with elevator, 2 masters, one on each level, 2 family rooms, custom chefs kitchen & butler's pantry, Wolf Oven & Cooktop, SubZero Refrigerator, Cove Dishwasher, Polarstone Calacatta Manhattan Quartz Countertops, Pinoak Woodworks Cabinetry. 6" White Oak flooring throughout, 4zone Heat + Air Conditioning, Terrace + Open Glass Railings + Custom Planters. Taxes not reflective of current build. This well-constructed home did not incur any flooding during Hurricane IDA.

Last Listed By

Roy Scott

VILLAGE SQUARE REALTORS Listed on: 04/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,957

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 0.7 Acre Lot
  • Irregular Lot
  • Sprinkler System
  • Historic Home

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 5,800 Sq Ft Home
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Great Room
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • Garage Access

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 1612-03103-0000-00031-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,957

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Contemporary
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1959
  • Year Built Description: Historical, Renovated
  • County Name: Essex
  • Renovated Year: 2021
  • Street Number Display: 55
  • Directions: Hartshorn or Highland to Minnisink
  • I D: 5060789
  • Modified: 2023-07-23
  • Number Images: 25
  • Section Subdiv Development: Hartshorn
  • First Name: ROY
  • First Name3: SUSAN
  • Last Name: SCOTT
  • Last Name3: LEMKAU
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, OvnWGas, WineRefr
  • Interior Amenities: Elevator, Fire Alarm Sys, High Ceilings, Security System, Skylight, StallTub, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Ground
  • Bedroom 3 Level: Ground
  • Bedroom 4 Level: Ground
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 17x10
  • Kitchen Level: First
  • Living Room Dim: 17x27
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 11x13
  • Other Room1 Level: Ground
  • Other Room 2: Great Room
  • Other Room2 Dim: 21x23
  • Other Room2 Level: Ground
  • Level 1 Rooms: 1 Bedroom, Den, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, OutEntrn, Powder Room, SittngRm
  • Estimated Sq Ft: 5800
  • Ground Level Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, GarEnter, Great Room, Laundry Room, Powder Room, Storage Room

Exterior Features

  • Exterior Description: ConcBrd
  • Exterior Features: Patio, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Flat

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Elevator

Schools

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

Lot Info

  • Lot Size: 0.7 Irregular
  • Assessed Improvement Value: 205800
  • Assessed Land Value: 986200
  • Assessment: 1192000
  • Easement: Unknown
  • Lot Description: Irregular Lot
  • Lot Identifier: 31
  • Lot I D Tax: *
  • Total Acres: 0.70
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 22957
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-03103-0000-00031-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.926
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: HARTSHORN

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
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%
Total Days on Market
421
Current Estimated Value
$3,620,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,667
Avg. Annual Appreciation
8.28%
Original Mortgage
$1,900,000
Interest Rate
5.81%
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

Range of Values:

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Average Value
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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
Richter Sven George $2,900,000 --
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 $630,000
Previous Owner Dear Lawrence $625,000
Previous Owner Dear Lawrence $625,500
Previous Owner Dear Lawrence $625,500
Previous Owner Dear Lawrence $625,500
Previous Owner Dear Lawrence $625,500
Previous Owner Dear Lawrence $625,500
Previous Owner Dear Lawrence $722,900
Previous Owner Dear Lawrence $721,550
Previous Owner Dear Lawrence $714,500
Previous Owner Dear Lawrence $711,000
Previous Owner Dear Lawrence A $705,000
Previous Owner Dear Lawrence $699,900
Previous Owner Sarkisian Harry S $635,000
Previous Owner Sarkisian Harry S $250,000
Previous Owner Sarkisian Harry S $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $2,900,000 -6.1% $500 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $3,088,000 -14.2% $532 / Sq Ft
04/08/2022 04/08/22 Price Changed $3,599,000 -9.9% $621 / Sq Ft
10/15/2021 10/15/21 Price Changed $3,995,000 -11.1% $689 / Sq Ft
09/08/2021 09/08/21 Price Changed $4,495,000 -8.3% $775 / Sq Ft
06/11/2021 06/11/21 Price Changed $4,900,000 -16.9% $845 / Sq Ft
04/07/2021 04/07/21 For Sale $5,900,000 +372.0% $1,017 / Sq Ft
08/31/2017 08/31/17 Sold $1,250,000 -16.4% $524 / Sq Ft
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
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

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Source: Garden State MLS

MLS Number: 3703087

Garden State MLS

APN: 12-03103-0000-00031