When was property at 2 Spenser Drive built and last sold?

The property at 2 Spenser Drive was built in 1955 and last sold on Nov 27, 2023 for $1,400,000.

How much is this home worth?

The estimated value of the home located at 2 Spenser Drive is $3,937,990.

What are some comparable homes to 2 Spenser Drive?

There are currently no comparable homes to 2 Spenser Drive.

Short Hills

07078

2 Spenser Dr

Sold on Aug 14, 2026

Map

$4,000,000

● House - Off Market

2 Spenser Dr

Millburn Twp., NJ 07078

7 Beds

7 Baths

$19,145

Est. Monthly

Unit Size

Days on Market

Land Size

0.41 acres

Price per sqft

Property Type

House

Property Taxes

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (GSMLS #4039631)

Price History

Date / Event	Date	Event
Aug 14, 2026	Sold	Premium
Sold
Jul 18, 2026	In contract	-
In contract
Aug 28, 2025	No longer available	-
No longer available
Jul 27, 2025	In contract	-
In contract

Property Highlights

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1955
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 17,298

Total Building Area: 2,788
Building Area: 2,788
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 2,788
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000397
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Millburn Township School District

Census Tract: 020000

Geography

Assessors Map Reference: TAX MAP 36

District: 12
Parcel: 12 03604-0000-00027
Block: 3604
Lot: 27
Municipality: MILLBURN TWP
Latitude: 40.7363
Longitude: -74.3456

Address

Full Address: 2 Spenser Dr

Address - House Number: 2
Address - Street Name: Spenser
Address - Suffix Type: Dr
State: NJ
City Name: Short Hills
Carrier Code: C007
4-Digit Zip Code: 2908
Zip Code: 07078

Valuation

Tax

Tax Year: 2022

Tax Amount: $2,282,442

Appraisal Valuation

Standard Deviation: 0.2203

Valuation Date: Jan 17, 2024
Confidence Score: 69
Final Value: 1,376,199
High Value: 1,679,460
Low Value: 1,072,938

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $1,174,700

Market Land Value: $738,100
Market Improvement Value: $436,600

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,174,700
Assessed Land Value: $738,100
Assessed Improvements Value: $436,600

Sales

Current Sale Contract Date: Nov 27, 2023

Current Sale Recording Date: Dec 13, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 74424

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Short Hills

Stats & Trends

Median Asking:

$3,597,000

Sale Price/ft²

$617

Below Asking

0.02%

Average Days on Market

Average Home Size

2670 ft²

Average Home Age

29.5 years

Currently For Sale

48 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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2 Baths

24 Iris, Summit, NJ, 07901 Listing by Barbara Gargiulo

Unit for rent at 353 Springfield Avenue, Summit, NJ, 07901

$2,750 /mo

2 Beds
1 Bath

353 Springfield Avenue, Summit, NJ, 07901 Listing by LORENZO D. VERDICCHIO

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 2 months ago
Data Source: GSMLS, MLS#

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