NOT LISTED FOR SALE

85 Farley Rd Short Hills, NJ 07078

Estimated Value: $3,835,000 - $4,843,000

7 Beds
7 Baths
2,275 Sq Ft
$1,864/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $3,570,000 $1,569 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $27,110/month

15 Days on Market

About This Home

As of May 2024

This home is located at 85 Farley Rd, Short Hills, NJ 07078 since 22 January 2024 and is currently estimated at $4,241,127, approximately $1,864 per square foot. This property was built in 2013. 85 Farley Rd 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

SUZANNE EMRICH

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 01/22/2024

Last Buyer's Agent

Richa Garg

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,500

Year Built

  • Built in 2013

Lot Details

  • 0.62

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,500

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Year Built: 2013
  • County Name: Essex
  • Street Number Display: 85
  • I D: 5261396
  • Modified: 2025-05-16
  • Number Images: 1
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 6.10

Lot Info

  • Lot Size: IRREG .616AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
May 10, 2024
Sold by
Kelly Jeffrey and Kelly Alycia
Bought by
Jain Nilesh and Vinaykya Neha
Seller's Agent
SUZANNE EMRICH
KELLER WILLIAMS REALTY
Buyer's Agent
Richa Garg
WEICHERT REALTORS
List Price
$3,698,000
Sold Price
$3,570,000
Premium/Discount to List
-$128,000
-3.46%
Views
38
Current Estimated Value
$4,241,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,127
Avg. Annual Appreciation
13.40%
Original Mortgage
$2,677,500
Outstanding Balance
$2,636,239
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,604,888

Purchase Details

Closed on
May 4, 2022
Sold by
Kelly Jeffrey and Kelly Alycia
Bought by
Forman Jenna and Forman Daniel

Purchase Details

Listed on
Sep 6, 2013
Closed on
Sep 4, 2013
Sold by
85 Farley Drive Llc
Bought by
Kelly Jeffrey and Kelly Alycia
Seller's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
Sold Price
$3,035,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%

Purchase Details

Closed on
May 7, 2012
Sold by
Mellendick George and Williams James M
Bought by
85 Farley Drive Llc
Source: Public Records

Range of Values:

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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
Jain Nilesh $3,570,000 Acres Land Title
Forman Jenna $5,000 None Listed On Document
Kelly Jeffrey $3,035,000 --
85 Farley Drive Llc $1,305,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Nilesh $2,677,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $3,570,000 -3.5% $1,569 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $3,698,000 +21.8% $1,625 / Sq Ft
09/06/2013 09/06/13 Sold $3,035,000 -- $1,334 / 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 $55,500 $2,837,400 $803,700 $2,033,700
2024 $55,500 $2,837,400 $803,700 $2,033,700
2022 $55,131 $2,837,400 $803,700 $2,033,700
2021 $54,880 $2,831,800 $803,700 $2,028,100
2020 $54,540 $2,831,800 $803,700 $2,028,100
2019 $54,654 $2,831,800 $803,700 $2,028,100
2018 $53,861 $2,831,800 $803,700 $2,028,100
2017 $52,558 $2,831,800 $803,700 $2,028,100
2016 $59,799 $2,776,200 $992,400 $1,783,800
2015 $58,439 $2,776,200 $992,400 $1,783,800
2014 $55,968 $2,776,200 $992,400 $1,783,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    SUZANNE EMRICH

    KELLER WILLIAMS REALTY

  • Richa Garg

    Buyer's Agent in 2024

    Richa Garg

    WEICHERT REALTORS

    (973) 941-9739

    71 in this area

    116 Total Sales

    Richa Garg
    Section Image

  • A

    Seller's Agent in 2013

    AMY BURAKOVSKY

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3882578

Garden State MLS

APN: 12-02406-0000-00001

New Jersey Essex County Short Hills 07078

85 Farley Rd, Short Hills, NJ

This home is located at 85 Farley Rd, Short Hills, NJ 07078 since 22 January 2024 and is currently estimated at $4,241,127, approximately $1,864 per square foot. This property was built in 2013. 85 Farley Rd 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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