NOT LISTED FOR SALE

8 Cross Gates Short Hills, NJ 07078

Estimated Value: $2,374,000 - $2,760,000

6 Beds
4 Baths
3,661 Sq Ft
$683/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,687,500 $461 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $15,822/month

23 Days on Market

About This Home

As of October 2021

This home is located at 8 Cross Gates, Short Hills, NJ 07078 since 09 August 2021 and is currently estimated at $2,501,905, approximately $683 per square foot. This property was built in 1937. 8 Cross Gates is a home located in Essex County with nearby schools including Deerfield Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

Saritte Harel

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 08/09/2021

KELLER WILLIAMS REALTY

Last Buyer's Agent

MICHELLE PAIS

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,682

Year Built

  • Built in 1937

Lot Details

  • 0.42 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,682

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • County Name: Essex
  • Street Number Display: 8
  • I D: 5093117
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.20

Lot Info

  • Lot Size: IRREG .4178AC
  • Total Acres: 0.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 29, 2021
Sold by
Purcell Robert G
Bought by
Karl Peter and Karl Francesca
Seller's Agent
Saritte Harel
KELLER WILLIAMS REALTY
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$1,749,000
Sold Price
$1,687,500
Premium/Discount to List
-$61,500
-3.52%
Current Estimated Value
$2,501,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,405
Avg. Annual Appreciation
10.66%
Original Mortgage
$1,350,000
Outstanding Balance
$1,239,638
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,272,694

Purchase Details

Closed on
Jul 14, 1995
Sold by
Lindner Doris
Bought by
Menachem Gadi Ben Menachem and Menachem Suzanne Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,290,000
Interest Rate
7.49%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Karl Peter $1,687,500 Westcor Land Title Ins Co
Menachem Gadi Ben Menachem $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karl Peter $1,350,000
Previous Owner Menachem Gadi Ben Menachem $6,290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $1,687,500 -3.5% $461 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $1,749,000 +14.7% $478 / Sq Ft
05/30/2018 05/30/18 Sold $1,525,000 -7.6% $417 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $1,650,000 -- $451 / 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 $30,682 $1,568,600 $783,600 $785,000
2024 $30,682 $1,568,600 $783,600 $785,000
2022 $30,478 $1,568,600 $783,600 $785,000
2021 $30,399 $1,568,600 $783,600 $785,000
2020 $30,211 $1,568,600 $783,600 $785,000
2019 $30,274 $1,568,600 $783,600 $785,000
2018 $29,835 $1,568,600 $783,600 $785,000
2017 $29,113 $1,568,600 $783,600 $785,000
2016 $30,156 $1,400,000 $641,800 $758,200
2015 $33,413 $1,587,300 $641,800 $945,500
2014 $32,000 $1,587,300 $641,800 $945,500
Source: Public Records

Agents Affiliated with this Home

  • Saritte Harel

    Seller's Agent in 2021

    Saritte Harel

    KELLER WILLIAMS REALTY

    (973) 713-9464

    116 in this area

    355 Total Sales

    Saritte Harel
    Section Image

  • M

    Buyer's Agent in 2021

    MICHELLE PAIS

    SIGNATURE REALTY NJ

  • S

    Seller's Agent in 2018

    SYLVIA BEN-MENACHEM

    WEICHERT REALTORS

  • G

    Buyer's Agent in 2018

    GAIL A MIDDLETON

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3733256

Garden State MLS

APN: 12-01401-0000-00042

New Jersey Essex County Short Hills 07078

8 Cross Gates, Short Hills, NJ

This home is located at 8 Cross Gates, Short Hills, NJ 07078 since 09 August 2021 and is currently estimated at $2,501,905, approximately $683 per square foot. This property was built in 1937. 8 Cross Gates is a home located in Essex County with nearby schools including Deerfield Elementary School, Millburn Middle School, and Millburn High School.

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