NOT LISTED FOR SALE

86 Silver Spring Rd Short Hills, NJ 07078

Estimated Value: $1,354,000 - $1,648,000

3 Beds
4 Baths
2,300 Sq Ft
$645/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $1,050,000 $457 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,293/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Home Office
  • Deerfield Elementary School Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of September 2022

Move right into this mint condition Center Hall Colonial with gorgeous new Kitchen with new top of the line appliances, Subzero refrigerator/freezer, Bosch dishwasher and gas range, granite counter tops, tile backsplash, tile floor and stunning wood cabinetry. Primary suite with 2 huge closets and new spa-like primary bath with shower over tub. 2 additional bedrooms on 2nd floor plus new full bath with shower over tub. Beautifully finished lower level with Recreation room, another new powder room, laundry room and utility room. Easy access to new huge patio and property. Slate roof, attached 1 car heated garage. Newer Air Conditioning and Heating system, newer gas hot water heater. Ideally located on a quiet street, walking distance to Deerfield Elementary School (just 0.4 miles!), bus service provided to Washington (5th) grade, Millburn Middle and High School. One of the best public school systems in the country!

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 07/05/2022

Last Buyer's Agent

Richa Garg

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,860

Year Built

  • Built in 1947

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Slate Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,300 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Multiple Heating Units
  • Electric Baseboard Heater
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-04501-0000-00031-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,860

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1947
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: No Exclusions.
  • Renovated Year: 2016
  • Street Number Display: 86
  • Directions: Lawrence Dr or Old Short Hills Rd to Silver Spring.
  • I D: 5163758
  • Modified: 2023-09-28
  • Number Images: 45
  • Section Subdiv Development: Deerfield
  • First Name: ARLENE GORMAN
  • First Name3: RICHA
  • Last Name: GONNELLA
  • Last Name3: GARG
  • Office Phone: 973-376-4545
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Generator-Hookup, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Laundry Room, Powder Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x10
  • Kitchen Level: First
  • Living Room Dim: 24x12
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 21x12
  • Other Room1 Level: Basement
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, Office, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 2300
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Underground Lawn Sprinkler
  • Roof Description: Imitation Slate, Slate

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Baseboard - Electric, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: 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: 89X117
  • Assessed Improvement Value: 254000
  • Assessed Land Value: 621400
  • Assessment: 875400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 31
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16860
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-04501-0000-00031-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.938
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: DEERFIELD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Sep 22, 2022
Sold by
Mounger Wilmer Ken and Mounger Kim Elizabeth
Bought by
Garg Sumit and Aggarwal Tanu
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
Richa Garg
WEICHERT REALTORS
List Price
$999,999
Sold Price
$1,050,000
Premium/Discount to List
$50,001
5%
Current Estimated Value
$1,483,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,786
Avg. Annual Appreciation
12.13%
Original Mortgage
$840,000
Outstanding Balance
$795,648
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$688,138

Purchase Details

Closed on
Jul 13, 2010
Sold by
Mounger Wilmer Ken and Mounger Kim E
Bought by
Mounger Wilmer Ken and Mounger Kim Elizabeth Lindsly

Purchase Details

Closed on
Oct 14, 1998
Sold by
Chang Min Kun
Bought by
Mounger Wilmer and Mounger Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

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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
Garg Sumit $1,050,000 Old Republic National
Mounger Wilmer Ken -- None Available
Mounger Wilmer $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garg Sumit $840,000
Previous Owner Mounger Wilmer $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $1,050,000 +5.0% $457 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $999,999 -- $435 / 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 $17,123 $875,400 $621,400 $254,000
2024 $17,123 $875,400 $621,400 $254,000
2022 $17,009 $875,400 $621,400 $254,000
2021 $16,965 $875,400 $621,400 $254,000
2020 $16,860 $875,400 $621,400 $254,000
2019 $16,895 $875,400 $621,400 $254,000
2018 $16,650 $875,400 $621,400 $254,000
2017 $16,247 $875,400 $621,400 $254,000
2016 $14,677 $681,400 $417,400 $264,000
2015 $14,343 $681,400 $417,400 $264,000
2014 $13,737 $678,500 $417,400 $261,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

  • Richa Garg

    Buyer's Agent in 2022

    Richa Garg

    WEICHERT REALTORS

    (973) 941-9739

    70 in this area

    115 Total Sales

    Richa Garg
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3794477

Garden State MLS

APN: 12-04501-0000-00031

New Jersey Essex County Short Hills 07078

86 Silver Spring Rd, Short Hills, NJ

This home is located at 86 Silver Spring Rd, Short Hills, NJ 07078 since 05 July 2022 and is currently estimated at $1,483,786, approximately $645 per square foot. This property was built in 1947. 86 Silver Spring 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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