NOT LISTED FOR SALE

63 Crescent Place Short Hills, NJ 07078

Estimated Value: $2,611,034 - $2,958,000

5 Beds
4.5 Baths
4,509 Sq Ft
$625/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $1,820,000 $404 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $17,795/month

149 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Short Hills
  • Recreation Room
  • Glenwood Elementary School Rated A+
  • Dining Room with Fireplace
  • 5-minute walk to Crescent Park

About This Home

As of September 2021

Stunning Victorian with high ceilings renovated to perfection in an ideal location on a quiet street on over half an acre of property in the heart of Old Short Hills, walking distance to the train, downtown & top schools. Built in 1890 and listed on the National Register of Historical Homes, this home boats the charm and character of yesterday and is renovated to perfection while honoring its historical roots with exquisite antique fixtures and hardware throughout. Gorgeous new gourmet eat-in kitchen is totally open to the new family room overlooking a new bluestone patio & private property. All new baths including a new master bath with Victoria & Albert soaking tub & radiant heated floors! Many period details! Attached garage! Walk to the train station, downtown, Arboretum & top schools. Low taxes!

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 03/13/2021

Last Buyer's Agent

Kim Panes

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,802

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Level Lot
  • Historic Home

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 4,509 Sq Ft Home
  • Sound System
  • High Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Attic
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Glenwood Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1612-01603-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,802

Year Built

Built in 1890 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1890
  • Year Built Description: Historical, Renovated
  • County Name: Essex
  • Exclusions: See Listing Agent.
  • Renovated Year: 2020
  • Street Number Display: 63
  • Directions: Hobart Ave to The Crescent to Crescent Place
  • I D: 5051062
  • Modified: 2022-09-29
  • Number Images: 25
  • Section Subdiv Development: Old Short Hills
  • First Name: ARLENE GORMAN
  • First Name3: KIM
  • Last Name: GONNELLA
  • Last Name3: PANES
  • Office Phone: 973-376-4545
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Dining Room, Living Room, Wood Burning
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, OvnWElec, Washer, Water Softener-Own
  • Interior Amenities: Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, High Ceilings, Smoke Detector, Stereo System, Walk-In Closet, Whirlpool, Window Treatments
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Laundry Room, Office, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 14x12
  • Kitchen Level: First
  • Living Room Dim: 30x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 17x14
  • Other Room1 Level: Third
  • Other Room 2: Rec Room
  • Other Room2 Dim: 20x12
  • Other Room2 Level: Basement
  • Other Room 3: Office
  • Other Room3 Dim: 10x8
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Living Room, Office, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms, Attic, Bath(s) Other
  • Estimated Sq Ft: 4509
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Brick, Stone
  • Exterior Features: Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Humidifr
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 145XIRR .5280 AC
  • Assessed Improvement Value: 1027700
  • Assessed Land Value: 831200
  • Assessment: 1858900
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.53
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 35802
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-01603-0000-00002-0000-
  • 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: GLENWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Sep 10, 2021
Sold by
Murphy James and Murphy Jane
Bought by
Crescent Terrace Llc
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
Kim Panes
WEICHERT REALTORS
List Price
$1,988,000
Sold Price
$1,820,000
Premium/Discount to List
-$168,000
-8.45%
Current Estimated Value
$2,818,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$998,345
Avg. Annual Appreciation
11.52%
Original Mortgage
$1,365,000
Outstanding Balance
$1,236,429
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,581,916
Source: Public Records

Range of Values:

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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
Crescent Terrace Llc $1,820,000 State Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crescent Terrace Llc $1,365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $1,820,000 -4.1% $404 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
06/13/2021 06/13/21 Price Changed $1,898,000 -4.5% $421 / Sq Ft
03/13/2021 03/13/21 For Sale $1,988,000 -- $441 / 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 $34,230 $1,750,000 $831,200 $918,800
2024 $34,230 $1,750,000 $831,200 $918,800
2022 $34,003 $1,750,000 $831,200 $918,800
2021 $33,915 $1,750,000 $831,200 $918,800
2020 $35,802 $1,858,900 $831,200 $1,027,700
2019 $35,877 $1,858,900 $831,200 $1,027,700
2018 $35,356 $1,858,900 $831,200 $1,027,700
2017 $34,501 $1,858,900 $831,200 $1,027,700
2016 $33,835 $1,570,800 $577,800 $993,000
2015 $33,065 $1,570,800 $577,800 $993,000
2014 $31,667 $1,570,800 $577,800 $993,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3697572

Garden State MLS

APN: 12-01603-0000-00002