$2,900,000
SOLD JUL 22, 2022

55 Minnisink Rd Short Hills, NJ 07078

5 Beds
5 Baths
2,385 Sq Ft
0.7 Acres

Recently Sold

$1,216 Per Sq Ft

51% Below List Price

421 Days on Market

About This Home

As of July 2022

This home is located at 55 Minnisink Rd, Short Hills, NJ 07078 and is currently priced at $2,900,000, approximately $1,215 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
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
$3,674,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$774,710
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,900,000 --
Deed $999,999 123 Title Agency Llc
Interfamily Deed Transfer -- Multiple
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,900,000 New Conventional
Previous Owner $630,000 New Conventional
Previous Owner $625,000 No Value Available
Previous Owner $625,500 New Conventional
Previous Owner $252,000 New Conventional
Previous Owner $625,500 New Conventional
Previous Owner $625,500 New Conventional
Previous Owner $625,500 New Conventional
Previous Owner $625,500 New Conventional
Previous Owner $722,900 New Conventional
Previous Owner $721,550 New Conventional
Previous Owner $714,500 New Conventional
Previous Owner $711,000 New Conventional
Previous Owner $705,000 New Conventional
Previous Owner $699,900 New Conventional
Previous Owner $635,000 Purchase Money Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $575,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Garden State MLS

MLS Number: 3703087

Garden State MLS

APN: 12-03103-0000-00031