NOT LISTED FOR SALE

85 Stewart Rd Short Hills, NJ 07078

Estimated Value: $5,395,000 - $6,822,000

7 Beds
7 Baths
5,255 Sq Ft
$1,119/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $6,037,000 $1,149 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $37,936/month

184 Days on Market

About This Home

As of December 2023

This home is located at 85 Stewart Rd, Short Hills, NJ 07078 since 16 May 2023 and is currently estimated at $5,879,389, approximately $1,118 per square foot. 85 Stewart Rd is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

Anthony Verducci Jr.

SERHANT NEW JERSEY LLC Brokerage Phone: 973-376-8188 Listed on: 05/16/2023

SERHANT NEW JERSEY LLC

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,180

Lot Details

  • 2.3 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,180

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 85
  • I D: 5220979
  • Modified: 2024-12-23
  • Number Images: 1
  • Attribution Contact: 973-376-8188
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 6.30

Lot Info

  • Lot Size: 159XIRR 2.3 AC
  • Total Acres: 2.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Dec 8, 2023
Sold by
Lamp Evan and Koh Eunyoung
Bought by
Sportshaven Estates Llc
Seller's Agent
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$6,950,000
Sold Price
$6,037,000
Premium/Discount to List
-$913,000
-13.14%
Views
595
Current Estimated Value
$5,879,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,611
Avg. Annual Appreciation
-1.44%

Purchase Details

Closed on
May 9, 2005
Sold by
Sherlund Rick
Bought by
Lamp Evan and Koh Eunyoung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,800,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Sportshaven Estates Llc $6,037,000 Fidelity National Title
Lamp Evan $3,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamp Evan $2,280,000
Previous Owner Lamp Evan $22,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $6,037,000 -9.7% $1,149 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
06/21/2023 06/21/23 Price Changed $6,688,000 -3.8% $1,273 / Sq Ft
05/16/2023 05/16/23 For Sale $6,950,000 -- $1,323 / 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 $81,180 $4,150,300 $1,704,300 $2,446,000
2024 $81,180 $4,150,300 $1,704,300 $2,446,000
2022 $71,197 $3,664,300 $1,704,300 $1,960,000
2021 $71,014 $3,664,300 $1,704,300 $1,960,000
2020 $70,574 $3,664,300 $1,704,300 $1,960,000
2019 $70,721 $3,664,300 $1,704,300 $1,960,000
2018 $69,695 $3,664,300 $1,704,300 $1,960,000
2017 $68,009 $3,664,300 $1,704,300 $1,960,000
2016 $60,312 $2,800,000 $1,386,000 $1,414,000
2015 $58,940 $2,800,000 $1,386,000 $1,414,000
2014 $87,767 $4,353,500 $2,205,000 $2,148,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Anthony Verducci Jr.

    SERHANT NEW JERSEY LLC

    (973) 477-2220

    61 in this area

    135 Total Sales

    Anthony Verducci Jr.
    Section Image

  • A

    Buyer's Agent in 2023

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3843987

Garden State MLS

APN: 12-03103-0000-00005

New Jersey Essex County Short Hills 07078

85 Stewart Rd, Short Hills, NJ

This home is located at 85 Stewart Rd, Short Hills, NJ 07078 since 16 May 2023 and is currently estimated at $5,879,389, approximately $1,118 per square foot. 85 Stewart Rd is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

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