NOT LISTED FOR SALE

7 Taylor Rd Short Hills, NJ 07078

Estimated Value: $4,013,000 - $4,714,000

7 Beds
6 Baths
6,086 Sq Ft
$713/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $3,812,500 $626 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $27,240/month

73 Days on Market

About This Home

As of July 2024

This home is located at 7 Taylor Rd, Short Hills, NJ 07078 since 27 February 2024 and is currently estimated at $4,340,282, approximately $713 per square foot. 7 Taylor Rd 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

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Brokerage Phone: 973-376-4545 Listed on: 02/27/2024

Last Buyer's Agent

RIMA SHAH

SERHANT NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,750

Lot Details

  • 0.98 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,750

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 7
  • I D: 5271896
  • Modified: 2025-07-02
  • Number Images: 1
  • Attribution Contact: 973-376-4545
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 150X300
  • Total Acres: 0.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Jun 18, 2024
Sold by
Saxena Family Trust and Saxena Suchi J
Bought by
Happy Life Investments Llc
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
RIMA SHAH
SERHANT NEW JERSEY LLC
List Price
$4,598,000
Sold Price
$3,812,500
Premium/Discount to List
-$785,500
-17.08%
Views
163
Current Estimated Value
$4,340,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,782
Avg. Annual Appreciation
10.93%
Original Mortgage
$3,812,500
Outstanding Balance
$3,758,916
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$581,366

Purchase Details

Listed on
May 12, 2022
Closed on
Nov 28, 2022
Sold by
Huang Julie and Huang Kenneth
Bought by
Saxena Family Trust and Saxena
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$3,750,000
Sold Price
$3,525,000
Premium/Discount to List
-$225,000
-6%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,300,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2016
Closed on
Aug 23, 2016
Sold by
Chefitz Laurie L and Chefitz Robert
Bought by
Huang Julie and Cubert Kenneth
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$2,695,000
Sold Price
$2,550,000
Premium/Discount to List
-$145,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$1,250,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1997
Sold by
Lohse Austin
Bought by
Chefitz Robert and Chefitz Laurie
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
Happy Life Investments Llc $3,812,500 Two Rivers Title
Saxena Family Trust $3,525,000 Fidelity National Title
Huang Julie $2,550,000 Weichert Title Agency
Chefitz Robert $755,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Happy Life Investments Llc $3,812,500
Previous Owner Saxena Family Trust $1,300,000
Previous Owner Huang Julie $1,250,000
Previous Owner Huang Julie $2,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $3,812,500 -9.2% $626 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/16/2024 04/16/24 Price Changed $4,198,000 -6.5% $690 / Sq Ft
03/11/2024 03/11/24 Price Changed $4,488,000 -2.4% $737 / Sq Ft
02/27/2024 02/27/24 For Sale $4,598,000 +30.4% $756 / Sq Ft
12/02/2022 12/02/22 Sold $3,525,000 -6.0% $425 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $3,750,000 +6.4% $452 / Sq Ft
06/12/2022 06/12/22 Off Market $3,525,000 -- --
06/08/2022 06/08/22 For Sale $3,750,000 +6.4% $452 / Sq Ft
06/06/2022 06/06/22 Off Market $3,525,000 -- --
05/12/2022 05/12/22 For Sale $3,750,000 +47.1% $452 / Sq Ft
08/23/2016 08/23/16 Sold $2,550,000 -5.4% $307 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $2,695,000 -- $325 / 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 $50,750 $2,594,600 $1,130,300 $1,464,300
2024 $50,750 $2,594,600 $1,130,300 $1,464,300
2023 $50,413 $2,594,600 $1,130,300 $1,464,300
2022 $50,413 $2,594,600 $1,130,300 $1,464,300
2021 $50,283 $2,594,600 $1,130,300 $1,464,300
2020 $49,972 $2,594,600 $1,130,300 $1,464,300
2019 $50,076 $2,594,600 $1,130,300 $1,464,300
2018 $49,349 $2,594,600 $1,130,300 $1,464,300
2017 $48,156 $2,594,600 $1,130,300 $1,464,300
2016 $77,150 $3,581,700 $995,200 $2,586,500
2015 $75,395 $3,581,700 $995,200 $2,586,500
2014 $72,207 $3,581,700 $995,200 $2,586,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

  • R

    Buyer's Agent in 2024

    RIMA SHAH

    SERHANT NEW JERSEY LLC

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Map

Source: Garden State MLS

MLS Number: 3887862

Garden State MLS

APN: 12-02102-0000-00002

New Jersey Essex County Short Hills 07078

7 Taylor Rd, Short Hills, NJ

This home is located at 7 Taylor Rd, Short Hills, NJ 07078 since 27 February 2024 and is currently estimated at $4,340,282, approximately $713 per square foot. 7 Taylor Rd 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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