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2 South Beechcroft Road

2 South Beechcroft Road, Short Hills, NJ 07078
Property in Essex
Sold Aug 20, 2020
$1,750,000
$1,400,000 by Bank Of America Na
Mortgage Due Sep 01, 2050
Sold Jul 18, 2011
$1,588,500
$1,251,900 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2041
Local assessors in Short Hills, NJ have categorized 2 South Beechcroft Road as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 32,997 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2 South Beechcroft Road has a total of 4,041 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 South Beechcroft Road was last sold in Aug 17, 2020 for $1,750,000. According to our calculations, that's $433.06 per sqft. Prior to that sales transaction, the property was sold for $1,588,500 in Jun 20, 2011. Current property owners are expected to pay $35,400 in taxes per year. The property on 2 South Beechcroft Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,821,900. To break that down further, the land itself was valued at $862,300. While improvements to the property were assessed at a total of $959,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 32,997
  • Total Building Area: 4,041
  • Building Area: 4,041
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,041
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.758
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARGOLIS MATTHEW
  • Current Owner 2: MARGOLIS JESSICA
  • Previous Owner : LANGER DARREN R
  • Previous Owner 2: LANGER TARYN M
  • Owner Before Previous Owner: BENZI DAREN
  • Owner Before Previous Owner 2: BENZI NINA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020100

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 12
  • Parcel: 12 02804-0000-00001
  • Block: 2804
  • Lot: 1
  • Municipality: MILLBURN TWP
  • Latitude: 40.7433
  • Longitude: -74.3133

    Address

  • Full Address: 2 S Beechcroft Rd
  • Address - House Number: 2
  • Street Direction: S
  • Address - Street Name: Beechcroft
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C012
  • 4-Digit Zip Code: 1650
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,400

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 2,145,062
  • High Value: 2,608,501
  • Low Value: 1,681,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $1,821,900
  • Market Land Value: $862,300
  • Market Improvement Value: $959,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,821,900
  • Assessed Land Value: $862,300
  • Assessed Improvements Value: $959,600

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Transaction ID: 11787523416
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020080499
  • Previous Sale Recording Date: Jul 18, 2011
  • Previous Sale Contract Date: Jun 20, 2011
  • Previous Sale Amount: $1,588,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 20, 2020
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 18, 2011
  • Previous Mortgage Loan Amount: $1,251,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2041

About Short Hills



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Frequently Asked Questions

What neighborhood is 2 South Beechcroft Road located in?
The 2 South Beechcroft Road is a located in the neighborhood of Essex in Short Hills, Short Hills.
What is the average sales price for listings in 2 South Beechcroft Road?
The average sales price for units in 2 South Beechcroft Road is $0 currently.

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