8 Wells Ln Short Hills, NJ 07078
Estimated Value: $1,758,000 - $2,525,000
--
Bed
--
Bath
2,836
Sq Ft
$757/Sq Ft
Est. Value
About This Home
This home is located at 8 Wells Ln, Short Hills, NJ 07078 and is currently estimated at $2,145,549, approximately $756 per square foot. 8 Wells Ln is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 16, 2006
Sold by
Jay Chun
Bought by
Rodriguez Brett and Rodriguez Melissa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 20, 2004
Sold by
Golding Cornelius
Bought by
Jay Chung and Ha Jung Eun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$939,200
Interest Rate
5.85%
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Rodriguez Brett | $1,300,000 | -- | |
Jay Chung | $1,174,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Rodriguez Brett | $245,000 | |
Open | Rodriguez Brett | $857,500 | |
Closed | Rodriguez Brett | $900,000 | |
Closed | Rodriguez Brett | $900,000 | |
Previous Owner | Chung Jay | $328,635 | |
Previous Owner | Jay Chung | $939,200 |
Source: Public Records
Tax History Compared to Growth
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 | $28,362 | $1,450,000 | $997,000 | $453,000 |
2022 | $28,174 | $1,450,000 | $997,000 | $453,000 |
2021 | $30,892 | $1,594,000 | $997,000 | $597,000 |
2020 | $30,700 | $1,594,000 | $997,000 | $597,000 |
2019 | $30,764 | $1,594,000 | $997,000 | $597,000 |
2018 | $30,318 | $1,594,000 | $997,000 | $597,000 |
2017 | $29,585 | $1,594,000 | $997,000 | $597,000 |
2016 | $28,316 | $1,314,600 | $586,000 | $728,600 |
2015 | $27,672 | $1,314,600 | $586,000 | $728,600 |
2014 | $26,502 | $1,314,600 | $586,000 | $728,600 |
Source: Public Records
Map
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