NOT LISTED FOR SALE

92 Lake Rd Short Hills, NJ 07078

Estimated Value: $3,621,816 - $5,097,000

6 Beds
7 Baths
6,631 Sq Ft
$675/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $3,150,000 $475 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $29,488/month

158 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Family Room with Fireplace
  • Hartshorn Elementary School Rated A+
  • Colonial Architecture
  • Marble Flooring

About This Home

As of November 2019

Once in a lifetime opportunity to own one of Short Hills' most coveted homes in ideal location! Elegantly situated on esteemed North Pond in Old Short Hills, a home of this caliber rarely comes along! Boasting spectacular pond vistas. Renovated to perfection from top to bottom w/ amazing floor plan & perfect flow for entertaining. Enormous Gourmet Chef's Kitchen, Breakfast Room, spacious Family Room with fireplace, elegant Living Room w/ built-ins & fireplace & stunning Library. Fabulous waterfront outdoor entertaining area, park-like grounds w/ bluestone walkways & patios. Luxurious Master Bedroom Suite w/ serene views, 5 more bedrooms. Fully finished Lower Level with Recreation Room, Wine Cellar, Exercise Room & Wet Bar. Truly incredible buying opportunity to own one of Short Hills' most exquisite homes!

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 04/08/2019

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 04/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,834

Year Renovated

  • 2007

Lot Details

  • 0.74 Acre Lot
  • Lake Front
  • Privacy Fence
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Additional Parking

Home Design

  • Colonial Architecture
  • Updated or Remodeled
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 6,631 Sq Ft Home
  • Wet Bar
  • Sound System
  • High Ceiling
  • Thermal Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Library
  • Recreation Room with Fireplace
  • Workshop
  • Storage Room
  • Utility Room
  • Home Gym
  • Lake Views
  • Partially Finished Basement
  • Sump Pump
  • Attic

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • Hartshorn Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Standard Electricity
  • Generator Hookup
  • Water Filtration System
  • Water Tap or Transfer Fee
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1612-03006-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,834

Year Renovated

2007

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Exclusions: See Listing Agent
  • Renovated Year: 2007
  • Street Number Display: 92
  • Directions: Hartshorn to Highland to Joanna to Lake
  • I D: 4886504
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Old Short Hills
  • First Name: ARLENE GORMAN
  • First Name3: ARLENE GORMAN
  • Last Name: GONNELLA
  • Last Name3: GONNELLA
  • Office Phone: 973-376-4545
  • Office Phone3: 973-376-4545
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2007

Interior Features

  • Flooring: Carpeting, Stone, Marble, Wood
  • Fireplace Description: Rec Room, Family Room, Living Room
  • Number of Fireplaces: 3
  • Appliances: Central Vacuum, Range/Oven-Gas, OvnWElec, Generator-Hookup, Refrigerator, Washer, Water Filter, Dishwasher, Self Cleaning Oven, Water Softener-Own, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Cedar Closets, Intercom, Bar-Wet, TubShowr, StallShw, Walk-In Closet, Security System, Window Treatments, Carbon Monoxide Detector, High Ceilings, Stereo System, Smoke Detector
  • Number Rooms: 15
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Utility Room, Workshop, Storage Room, Exercise Room, Powder Room, Media Room, Rec 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, Separate Dining Area
  • Kitchen Dim: 28x22
  • Kitchen Level: First
  • Living Room Dim: 18x23
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 16x14
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Dim: 11x10
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 18x23
  • Other Room3 Level: Basement
  • Other Room 4: Library
  • Other Room4 Dim: 13x18
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Laundry Room, MudRoom, Foyer, Library, Living Room, Dining Room, Porch, Powder Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 6631
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Underground Lawn Sprinkler, Patio, Open Porch(es), Privacy Fence, Thermal Windows/Doors
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Radiant - Hot Water, Forced Hot Air, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: .738AC
  • Assessed Improvement Value: 2065700
  • Assessed Land Value: 1066500
  • Assessment: 3132200
  • Easement: Unknown
  • Lot Description: Lake/Water View, Level Lot, Lake Front
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.74
  • Zoning: res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 51834
  • Assessor Parcel Number: 1612-03006-0000-00009-0000-
  • Tax Rate Amount: 1.902
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: HARTSHORN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Nov 14, 2019
Sold by
Kingsbery James C and Kingsbery Mary L
Bought by
Menahem Caren and Abir Farshad
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$3,998,000
Sold Price
$3,150,000
Premium/Discount to List
-$848,000
-21.21%
Current Estimated Value
$4,474,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,324,939
Avg. Annual Appreciation
5.41%
Original Mortgage
$2,205,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2005
Sold by
Sullivan James
Bought by
Kingsbery James and Kingsbery Mary Louise
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
Menahem Caren $3,150,000 Fidelity National Title (Aka
Kingsbery James $4,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abir Farshad $2,162,500
Closed Menahem Caren $500,000
Closed Menahem Caren $2,205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $3,150,000 -21.2% $475 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $3,998,000 -- $603 / 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 $61,266 $3,132,200 $1,066,500 $2,065,700
2024 $61,266 $3,132,200 $1,066,500 $2,065,700
2022 $60,859 $3,132,200 $1,066,500 $2,065,700
2021 $60,702 $3,132,200 $1,066,500 $2,065,700
2020 $60,326 $3,132,200 $1,066,500 $2,065,700
2019 $60,451 $3,132,200 $1,066,500 $2,065,700
2018 $59,574 $3,132,200 $1,066,500 $2,065,700
2017 $58,134 $3,132,200 $1,066,500 $2,065,700
2016 $84,534 $3,924,500 $1,026,500 $2,898,000
2015 $82,611 $3,924,500 $1,026,500 $2,898,000
2014 $79,118 $3,924,500 $1,026,500 $2,898,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3547073

Garden State MLS

APN: 12-03006-0000-00009

New Jersey Essex County Short Hills 07078

92 Lake Rd, Short Hills, NJ

This home is located at 92 Lake Rd, Short Hills, NJ 07078 since 08 April 2019 and is currently estimated at $4,474,939, approximately $674 per square foot. 92 Lake 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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