NOT LISTED FOR SALE

56 Great Oak Dr Short Hills, NJ 07078

Estimated Value: $2,727,536 - $3,338,000

7 Beds
5 Baths
1,408 Sq Ft
$2,083/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $1,895,000 $1,346 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $19,489/month

465 Days on Market

About This Home

As of June 2021

This home is located at 56 Great Oak Dr, Short Hills, NJ 07078 since 03 January 2020 and is currently estimated at $2,933,512, approximately $2,083 per square foot. 56 Great Oak Dr is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

Kim Panes

WEICHERT REALTORS Brokerage Phone: 973-376-4545 Listed on: 01/03/2020

WEICHERT REALTORS

Last Buyer's Agent

Richa Garg

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,681

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,681

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 56
  • I D: 4947562
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 973-376-4545
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 5.00

Lot Info

  • Lot Size: IRREG .3443AC
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jun 14, 2021
Sold by
Avanro Group Llc
Bought by
Aggarwal Ritesh M and Aggarwal Neha
Seller's Agent
Kim Panes
WEICHERT REALTORS
Buyer's Agent
Richa Garg
WEICHERT REALTORS
List Price
$2,198,000
Sold Price
$1,895,000
Premium/Discount to List
-$303,000
-13.79%
Current Estimated Value
$2,990,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,095,389
Avg. Annual Appreciation
11.28%
Original Mortgage
$1,500,000
Outstanding Balance
$1,363,965
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,569,547

Purchase Details

Closed on
Jun 16, 2000
Sold by
Thompson Andrew J
Bought by
Marsden Peter and Marsden Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8.55%

Purchase Details

Closed on
Jun 15, 1998
Sold by
Vaters Robert
Bought by
Thompson Andrew and Tuan Mei Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.04%

Purchase Details

Closed on
Sep 26, 1995
Sold by
Dicapua Dennis
Bought by
Vaters Robert and Vaters Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.6%

Purchase Details

Closed on
Aug 28, 1991
Sold by
Langley Edsel and Langley Irene
Bought by
Dicapua Dennis and Dicapua Helen
Source: Public Records

Range of Values:

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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
Aggarwal Ritesh M $1,895,000 Key Settlements Inc
Marsden Peter $490,000 --
Thompson Andrew $390,000 --
Vaters Robert $320,000 --
Dicapua Dennis $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aggarwal Ritesh M $1,500,000
Previous Owner Avanro Group Llc $486,375
Previous Owner Avanro Group Llc $636,000
Previous Owner Marsden Dawn $282,000
Previous Owner Marsden Peter $390,000
Previous Owner Thompson Andrew $312,000
Previous Owner Vaters Robert $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $1,895,000 -4.2% $1,346 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/07/2021 03/07/21 Price Changed $1,979,000 -1.0% $1,406 / Sq Ft
11/19/2020 11/19/20 Price Changed $1,998,000 -2.4% $1,419 / Sq Ft
10/26/2020 10/26/20 Price Changed $2,048,000 -2.4% $1,455 / Sq Ft
06/23/2020 06/23/20 Price Changed $2,099,000 -4.5% $1,491 / Sq Ft
01/03/2020 01/03/20 For Sale $2,198,000 +176.5% $1,561 / Sq Ft
04/15/2019 04/15/19 Sold $795,000 -0.6% $565 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $800,000 -- $568 / 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 $35,681 $1,824,200 $735,700 $1,088,500
2024 $35,681 $1,824,200 $735,700 $1,088,500
2023 $35,444 $1,824,200 $735,700 $1,088,500
2022 $35,444 $1,824,200 $735,700 $1,088,500
2021 $17,754 $916,100 $735,700 $180,400
2020 $17,644 $916,100 $735,700 $180,400
2019 $17,681 $916,100 $735,700 $180,400
2018 $17,424 $916,100 $735,700 $180,400
2017 $17,003 $916,100 $735,700 $180,400
2016 $16,683 $774,500 $503,500 $271,000
2015 $16,303 $774,500 $503,500 $271,000
2014 $15,614 $774,500 $503,500 $271,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kim Panes

    WEICHERT REALTORS

    (973) 376-4545

    7 in this area

    28 Total Sales

    Section Image
  • Richa Garg

    Buyer's Agent in 2021

    Richa Garg

    WEICHERT REALTORS

    (973) 941-9739

    77 in this area

    125 Total Sales

    Section Image

  • A

    Seller's Agent in 2019

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3607601

Garden State MLS

APN: 12-01606-0000-00009

New Jersey Essex County Short Hills 07041

56 Great Oak Dr, Short Hills, NJ

This home is located at 56 Great Oak Dr, Short Hills, NJ 07078 since 03 January 2020 and is currently estimated at $2,933,512, approximately $2,083 per square foot. 56 Great Oak Dr is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.

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