NOT LISTED FOR SALE

81 Farley Rd Short Hills, NJ 07078

Estimated Value: $3,919,000 - $4,765,000

7 Beds
6.5 Baths
-- Sq Ft
0.62 Acres

Last Sold June 08, 2020

Last sale price $2,825,000

Est. 53% increase in value since last sale

Current estimated payment $28,073/month

146 Days on Market

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace
  • Deerfield Elementary School Rated A+
  • Colonial Architecture
  • Recreation Room

About This Home

As of June 2020

Spectacular 7 bedroom custom home with high ceilings, great natural light, an open floor plan & terrific amenities ideally located on .62 acres of totally level property on prestigious street! Covered front porch welcomes you into the grand entrance hall. Living room has a coffered ceiling, wood-burning FP & French doors to the front porch. Gourmet eat-in kitchen has marble countertops, custom cabinetry, sunlit breakfast area w/ windows overlooking the backyard, & opens to family room w/ gas FP with marble surround & doors to bluestone patio, new pergola, summer kitchen & fireplace, & totally level, fenced backyard. Master suite has a tray ceiling, massive WIC w/ custom cabinetry & spa-like master bath. 4 more bedrooms, 3 full baths & laundry on 2nd level. Beautifully finished lower level! Packed w/ amenities!

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 12/08/2019

Last Buyer's Agent

Ian Eisenberg

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,564

Year Built

  • Built in 2013

Lot Details

  • 0.62 Acre Lot
  • Privacy Fence
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • Sound System
  • Beamed Ceilings
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Pergola

Schools

  • Deerfield Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-02406-0000-00031-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,564

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2013
  • Year Built Description: Standing
  • County Name: Essex
  • Street Number Display: 81
  • Directions: Old Short Hills Rd to Farley Rd
  • I D: 4949205
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Deerfield
  • First Name: ARLENE GORMAN
  • First Name3: JONATHAN
  • Last Name: GONNELLA
  • Last Name3: MCKESTEN
  • Office Phone: 973-376-4545
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Disposal, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, OvnWElec, Washer, WineRefr
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, High Ceilings, JacuzTyp, Security System, Smoke Detector, StallShw, Stereo System, Walk-In Closet
  • Number Rooms: 15
  • Bedrooms: 7
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 6.10
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Media Room, Rec Room, 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, Eat-In Kitchen
  • Kitchen Dim: 21x20
  • Kitchen Level: First
  • Living Room Dim: 11x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 12x18
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 14x10
  • Other Room2 Level: First
  • Other Room 3: Bedroom
  • Other Room3 Dim: 15x18
  • Other Room3 Level: Basement
  • Other Room 4: Rec Room
  • Other Room4 Dim: 43x15
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Family Room, Foyer, Kitchen, Living Room, MudRoom, Office, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: Attic, Storage Room
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Stone, Wood
  • Exterior Features: Barbeque, OutDrKit, Patio, Pergola, Privacy Fence, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 4 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 4 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: DEERFIELD
  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: IRREG .619AC
  • Assessed Improvement Value: 1919600
  • Assessed Land Value: 803900
  • Assessment: 2723500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 31
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.62
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 52564
  • Assessor Parcel Number: 1612-02406-0000-00031-0000-
  • Tax Rate Amount: 1.930
  • Tax Rate Year: 2019
  • Tax Year: 2019

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Shifrin Maximillian Samuel and Shifrin Sara Hilary
Bought by
Forman Jenna and Forman Daniel
Current Estimated Value
$4,312,081

Purchase Details

Listed on
Dec 8, 2019
Closed on
Jun 7, 2020
Sold by
Thakker Nirav G and Thakker Sonal
Bought by
Shifrin Maximillian Samuel and Haines Sara Hilary
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
Ian Eisenberg
COMPASS NEW JERSEY, LLC
List Price
$2,950,000
Sold Price
$2,825,000
Premium/Discount to List
-$125,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$2,260,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2013
Closed on
Jul 29, 2013
Sold by
81 Farley Drive Llc
Bought by
Thakker Sonal and Thakker Nirav G
Seller's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.13%

Purchase Details

Listed on
May 8, 2012
Closed on
May 7, 2012
Sold by
Mellendick George and Williams James M
Bought by
81 Farley Drive Llc
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.71%
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
Forman Jenna $20,000 --
Shifrin Maximillian Samuel $2,825,000 Ridge Title Agency Llc
Thakker Sonal $2,850,000 --
Thakker Sonal $2,850,000 --
81 Farley Drive Llc $995,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shifrin Maximillian Samuel $2,260,000
Previous Owner 81 Farley Drive Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2020 06/08/20 Sold $2,825,000 -4.2% --
05/02/2020 05/02/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $2,950,000 0.0% --
04/27/2020 04/27/20 Pending -- -- --
02/20/2020 02/20/20 Price Changed $2,950,000 -1.7% --
12/08/2019 12/08/19 For Sale $2,999,999 +5.3% --
08/06/2013 08/06/13 Sold $2,850,000 +23.9% --
05/08/2012 05/08/12 Sold $2,300,000 -- --
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 $53,567 $2,738,600 $803,900 $1,934,700
2024 $53,567 $2,738,600 $803,900 $1,934,700
2022 $53,211 $2,738,600 $803,900 $1,934,700
2021 $52,781 $2,723,500 $803,900 $1,919,600
2020 $52,455 $2,723,500 $803,900 $1,919,600
2019 $52,564 $2,723,500 $803,900 $1,919,600
2018 $51,801 $2,723,500 $803,900 $1,919,600
2017 $50,548 $2,723,500 $803,900 $1,919,600
2016 $54,083 $2,510,800 $661,900 $1,848,900
2015 $52,852 $2,510,800 $661,900 $1,848,900
2014 $50,618 $2,510,800 $661,900 $1,848,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3604704

Garden State MLS

APN: 12-02406-0000-00031