NOT LISTED FOR SALE

7 Ferndale Rd Short Hills, NJ 07078

Estimated Value: $3,860,837

5 Beds
5 Baths
5,046 Sq Ft
$765/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $2,415,000 $479 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $25,533/month

About This Home

As of July 2015

This home is located at 7 Ferndale Rd, Short Hills, NJ 07078 since 10 July 2015 and is currently estimated at $3,860,837, approximately $765 per square foot. This property was built in 2005. 7 Ferndale 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

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Brokerage Phone: 908-273-2991 Listed on: 07/10/2015

Last Buyer's Agent

ELAINE PRUZON

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Essex
  • Street Number Display: 7
  • I D: 4526098
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: IRREG .3328AC
  • Total Acres: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Jul 9, 2015
Sold by
Whitman Michael and Whitman Jennifer
Bought by
Henning Jeffrey Scott and Firoz Bahar
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
Sold Price
$2,415,000
Total Days on Market
0
Current Estimated Value
$3,860,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,445,837
Avg. Annual Appreciation
5.04%
Original Mortgage
$1,932,000
Outstanding Balance
$1,551,263
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,381,534

Purchase Details

Closed on
Aug 9, 2006
Sold by
Patel Anil
Bought by
Whitman Michael and Whitman Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2003
Sold by
Armour Frank
Bought by
Patel Anil and Patel Binali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.98%
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
Henning Jeffrey Scott $2,415,000 --
Whitman Michael $2,650,000 --
Patel Anil $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henning Jeffrey Scott $1,932,000
Previous Owner Whitman Michael W $417,000
Previous Owner Whitman Michael W $700,000
Previous Owner Whitman Michael W $450,000
Previous Owner Whitman Michael $700,000
Previous Owner Patel Anil $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $2,415,000 -- $479 / 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 -- $2,573,400 $816,600 $1,756,800
2022 -- $2,573,400 $816,600 $1,756,800
2021 $37,031 $2,573,400 $816,600 $1,756,800
2020 $0 $2,573,400 $816,600 $1,756,800
2019 $37,031 $2,573,400 $816,600 $1,756,800
2018 $0 $2,573,400 $816,600 $1,756,800
2017 $41,574 $2,573,400 $816,600 $1,756,800
2016 $41,574 $1,975,000 $570,000 $1,405,000
2015 $41,574 $1,975,000 $570,000 $1,405,000
2014 $39,816 $1,975,000 $570,000 $1,405,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • E

    Buyer's Agent in 2015

    ELAINE PRUZON

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3213985

Garden State MLS

APN: 12-01504-0000-00002

New Jersey Essex County Short Hills 07078

7 Ferndale Rd, Short Hills, NJ

This home is located at 7 Ferndale Rd, Short Hills, NJ 07078 since 10 July 2015 and is currently estimated at $3,860,837, approximately $765 per square foot. This property was built in 2005. 7 Ferndale Rd is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

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