NOT LISTED FOR SALE

62 Spring Hollow Rd Far Hills, NJ 07931

Estimated Value: $2,132,000 - $3,053,000

5 Beds
5 Baths
-- Sq Ft
1 Acres

Last Sold August 16, 2024

Last sale price $2,817,000

Est. 5% decrease in value since last sale

Current estimated payment $16,546/month

69 Days on Market

About This Home

As of August 2024

This home is located at 62 Spring Hollow Rd, Far Hills, NJ 07931 since 02 May 2024 and is currently estimated at $2,683,971. This property was built in 1955. 62 Spring Hollow Rd is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

Last Agent to Sell the Property

Rob Sameth

TURPIN REAL ESTATE, INC. Brokerage Phone: 973-543-7400 Listed on: 05/02/2024

Last Buyer's Agent

Christine Nugent

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,469

Year Built

  • Built in 1955

Lot Details

  • 1

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,469

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Somerset
  • Street Number Display: 62
  • I D: 5251376
  • Modified: 2025-08-17
  • Number Images: 1
  • Attribution Contact: 973-543-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jul 12, 2024
Sold by
Palmer John and Palmer Tara
Bought by
Fairiviount Capital Partners Llc
Seller's Agent
Rob Sameth
TURPIN REAL ESTATE, INC.
Buyer's Agent
Christine Nugent
TURPIN REAL ESTATE, INC.
List Price
$3,395,000
Sold Price
$2,817,000
Premium/Discount to List
-$578,000
-17.03%
Views
27
Current Estimated Value
$2,683,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$133,029
Avg. Annual Appreciation
-4.26%

Purchase Details

Closed on
May 29, 2022
Sold by
Ross Debra P and Ross Steven G
Bought by
Palmer John and Palmer Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
2.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
Warren Paul C
Bought by
Ross Debra P and Katz Steven G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.59%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Fairiviount Capital Partners Llc $2,817,000 None Listed On Document
Fairiviount Capital Partners Llc $2,817,000 None Listed On Document
Palmer John $3,100,000 None Listed On Document
Ross Debra P $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer John $2,325,000
Previous Owner Ross Debra P $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $2,817,000 -13.3% --
07/10/2024 07/10/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $3,249,000 -4.3% --
05/02/2024 05/02/24 For Sale $3,395,000 -- --
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 $28,469 $2,419,700 $507,800 $1,911,900
2024 $28,469 $2,225,900 $474,000 $1,751,900
2023 $27,988 $2,121,900 $460,100 $1,661,800
2022 $25,715 $1,937,800 $446,700 $1,491,100
2021 $24,014 $1,785,400 $425,400 $1,360,000
2020 $24,228 $1,785,400 $425,400 $1,360,000
2019 $24,893 $1,834,400 $459,000 $1,375,400
2018 $25,168 $1,872,600 $473,100 $1,399,500
2017 $25,799 $1,972,400 $498,100 $1,474,300
2016 $25,814 $1,985,700 $518,700 $1,467,000
2015 $25,536 $1,965,800 $518,700 $1,447,100
2014 $24,936 $1,913,700 $513,600 $1,400,100
Source: Public Records

Agents Affiliated with this Home

  • Rob Sameth

    Seller's Agent in 2024

    Rob Sameth

    TURPIN REAL ESTATE, INC.

    (973) 543-7400

    3 in this area

    24 Total Sales

    Rob Sameth
    Section Image
  • Christine Nugent

    Buyer's Agent in 2024

    Christine Nugent

    TURPIN REAL ESTATE, INC.

    (201) 274-3652

    1 in this area

    9 Total Sales

    Christine Nugent
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3899675

Garden State MLS

APN: 07-00006-0000-00031

New Jersey Somerset County Far Hills 07931

62 Spring Hollow Rd, Far Hills, NJ

This home is located at 62 Spring Hollow Rd, Far Hills, NJ 07931 since 02 May 2024 and is currently estimated at $2,683,971. This property was built in 1955. 62 Spring Hollow Rd is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

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