NOT LISTED FOR SALE

8 Chestnut Place Short Hills, NJ 07078

Estimated Value: $2,429,000 - $2,708,000

4 Beds
3.5 Baths
3,689 Sq Ft
$699/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $1,495,000 $405 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $16,413/month

9 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Recreation Room
  • Glenwood Elementary School Rated A+
  • Family Room with Fireplace
  • Cathedral Ceiling

About This Home

As of May 2020

Location, location. location! Classic center hall colonial, beautifully sited on parklike .76 acre lot with easy access to train and Glenwood School. Meticulously maintained and boasting 4+ bedrooms (including desirable en suite first floor guest room as well as an expansive Master Suite on 2nd floor) with private balcony) 3 full, and 1/2 updated baths, 2 fireplaces (living room and family room) an abundance of oversize windows offering great natural light. Hardwood floors and custom moldings throughout add architectural interest to this treasure in the heart of Old Short Hills. A spacious full lower level includes a finished rec room and 2 large unfinished areas with enormous potential

Last Agent to Sell the Property

BARBARA HARRISON

LOIS SCHNEIDER REALTOR Listed on: 03/11/2020

Last Buyer's Agent

MARJORIE CALLAHAN

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,650

Year Built

  • Built in 1948

Lot Details

  • 0.78 Acre Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Slate Roof

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room with entrance to outdoor space
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic Fan
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • In-Law or Guest Suite
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1612-02104-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,650

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1948
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: W/D's, DR/kitchen light fixtures, decorative garden ornaments, See LA
  • Renovated Year: 2002
  • Street Number Display: 8
  • Directions: Hobart to Forest Drive North to Chestnut Place or Highland to Forest Drive to Chestnut
  • I D: 4970363
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Old Short Hills
  • First Name: BARBARA
  • First Name3: MARJORIE
  • Last Name: HARRISON
  • Last Name3: CALLAHAN
  • Office Phone3: 908-277-1200
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2002

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookElec, Generator-Hookup, Refrigerator, Sump Pump, OvnWElec, Water Softener-Own
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Cathedral Ceiling, Fire Alarm Sys, Fire Extinguisher, High Ceilings, Security System, Skylight, Smoke Detector, StallShw, TubShowr
  • Number Rooms: 12
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Sitting Room
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished-Partially, French Drain, Full
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Full Bath
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x11
  • Kitchen Level: First
  • Living Room Dim: 27x13
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 14x9
  • Other Room1 Level: First
  • Other Room 2: SittngRm
  • Other Room2 Dim: 17x9
  • Other Room2 Level: First
  • Other Room 3: Office
  • Other Room3 Dim: 14x13
  • Other Room3 Level: Second
  • Other Room4 Dim: 35x9
  • Other Room4 Level: Third
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Living Room, OutEntrn, Powder Room, SittngRm
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Porch, SittngRm
  • Level 3 Rooms: Attic
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Metal Fence, Patio, Storage Shed, Underground Lawn Sprinkler, Wood Fence
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Attic Fan, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Humidifr
  • Sewer: Public Sewer
  • 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: 100XIRR .7805 AC
  • Assessed Improvement Value: 534000
  • Assessed Land Value: 1105900
  • Assessment: 1639900
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.78
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31650
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-02104-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.930
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: GLENWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 29, 2020
Sold by
Tansey William A and Tansey Maida A
Bought by
Krentzman Leticia and Krentzman Ross
Seller's Agent
BARBARA HARRISON
LOIS SCHNEIDER REALTOR
Buyer's Agent
MARJORIE CALLAHAN
LOIS SCHNEIDER REALTOR
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$2,578,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,083,895
Avg. Annual Appreciation
10.18%
Original Mortgage
$970,000
Outstanding Balance
$864,592
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,654,259
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 Buyer Sale Price Title Company
Krentzman Leticia $1,495,000 Hilltop Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krentzman Leticia $970,000
Previous Owner Tansey William A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $1,495,000 0.0% $405 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $1,495,000 -- $405 / 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 $32,076 $1,639,900 $1,105,900 $534,000
2024 $32,076 $1,639,900 $1,105,900 $534,000
2022 $31,863 $1,639,900 $1,105,900 $534,000
2021 $31,781 $1,639,900 $1,105,900 $534,000
2020 $31,584 $1,639,900 $1,105,900 $534,000
2019 $31,650 $1,639,900 $1,105,900 $534,000
2018 $31,191 $1,639,900 $1,105,900 $534,000
2017 $30,437 $1,639,900 $1,105,900 $534,000
2016 $34,895 $1,620,000 $956,200 $663,800
2015 $34,101 $1,620,000 $956,200 $663,800
2014 $32,659 $1,620,000 $956,200 $663,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3623108

Garden State MLS

APN: 12-02104-0000-00004