$2,550,000
SOLD AUG 23, 2016

7 Taylor Rd Short Hills, NJ 07078

6 Beds
4.5 Baths
8,300 Sq Ft
1.03 Acres

Recently Sold

$307 Per Sq Ft

5% Below List Price

70 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Colonial Architecture
  • Glenwood Elementary School Rated A+
  • 1.03 Acre Lot
  • Deck

About This Home

As of July 2024

#1 Elementary School district in the entire country! Spectacular all brick Center Hall Colonial custom designed by David Rosen, AIA and built by Vanco construction in 1998 to highest specifications for discerning owner. Has ideal floor plan, 9' high ceilings on 1st floor, rooms of generous proportion, every amenity including Media Room & in-ground pool in most private setting. Huge Gourmet Eat-in Kitchen totally open to the Great Room w/ 15' h. Beautiful Butler's Pantry to huge Dining Room open to the Living Room. Luxurious master suite w/ 2 huge walk-in closets & 2 spa like baths. + 4 bedrooms & 3 more baths on 2nd fl. Beautiful Recreation Room, 6th bedroom w/ full bath, wine cellar. 2nd Laundry. Ideally located on acre of beautiful property walking distance to Short Hills train station.

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 05/16/2016

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 05/16/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,360

Year Built

  • Built in 1998

Lot Details

  • 1.03 Acre Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 8,300 Sq Ft Home
  • Sound System
  • Cathedral Ceiling
  • Thermal Windows
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Utility Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1612-02102-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,360

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1998
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: See Listing Agent
  • Street Number Display: 7
  • Directions: Hobart Avenue to Taylor Road
  • I D: 4626295
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: ARLENE GORMAN
  • First Name3: ARLENE GORMAN
  • Last Name: GONNELLA
  • Last Name3: GONNELLA
  • Office Phone: 973-376-4545
  • Office Phone3: 973-376-4545
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Marble, Wood
  • Fireplace Description: Bedroom 1, Family Room, Living Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Generator-Built-In, Range/Oven-Gas, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Water Softener-Own, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: Walk-In Closet, Fire Alarm Sys, Security System, Whirlpool, Blinds, Fire Extinguisher, Shades, Window Treatments, High Ceilings, Stereo System, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 18
  • Bedrooms: 6
  • Master Bedroom Desc: Dressing Room, Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Exercise Room, Laundry Room, Media Room, Rec Room, Office, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 21x19
  • Kitchen Level: First
  • Living Room Dim: 25x17
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 13x11
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 15x14
  • Other Room2 Level: Basement
  • Other Room 3: Media Room
  • Other Room3 Dim: 28x16
  • Other Room3 Level: Basement
  • Other Room 4: Exercise Room
  • Other Room4 Dim: 23x15
  • Level 1 Rooms: Breakfast Room, Kitchen, Powder Room, Laundry Room, Foyer, Den, Dining Room, Great Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 8300
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Deck, Thermal Windows/Doors, Patio, Underground Lawn Sprinkler, Metal Fence
  • Pool: Yes
  • Pool Description: In-Ground Pool, Heated
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 10
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Humidifr, Multi-Zone, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • 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: 150X300
  • Assessed Improvement Value: 2204800
  • Assessed Land Value: 995200
  • Assessment: 3200000
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.03

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 67360
  • Assessor Parcel Number: 1612-02102-0000-00002-0000-
  • Tax Rate Amount: 2.105
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: GLENWOOD

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
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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 Type Sale Price Title Company
Deed $3,812,500 Two Rivers Title
Bargain Sale Deed $3,525,000 Fidelity National Title
Bargain Sale Deed $2,550,000 Weichert Title Agency
Deed $755,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,812,500 New Conventional
Previous Owner $1,300,000 New Conventional
Previous Owner $1,250,000 New Conventional
Previous Owner $2,550,000 No Value Available
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

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Map

Source: Garden State MLS

MLS Number: 3306829

Garden State MLS

APN: 12-02102-0000-00002