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21 Farmstead Road

21 Farmstead Road, Short Hills, NJ 07078
Property in Essex
Sold Aug 06, 2020
$1,545,000
$1,236,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2050
Sold Jan 18, 2014
Transfer
21 Farmstead Road in Short Hills, NJ was first built in 1957 and is 67 years old. This has been categorized as a residential property type. It is a single story home. 21 Farmstead Road has 4,989 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,050 ft and the linear feet between the front and back of the lot is 2,190. In total, the area measurement of the land is 34,996 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the 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, 21 Farmstead Road was last sold in Aug 4, 2020 for $1,545,000. According to our calculations, that's $309.68 per sqft. Current property owners are expected to pay $30,019 in taxes per year. The property on 21 Farmstead Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,545,000. To break that down further, the land itself was valued at $767,700. While improvements to the property were assessed at a total of $777,300. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1957
  • Effective Year Built: 1957
  • 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: 34,996
  • Lot Size Depth Feet: 2,190
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 4,989
  • Building Area: 4,989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,989
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.803
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : YIN YAFENG
  • Current Owner 2: YANG GUANG
  • Previous Owner : SPELMAN SINGLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: TAX MAP 49
  • District: 12
  • Parcel: 12 04901-0000-00007
  • Block: 4901
  • Lot: 7
  • Municipality: MILLBURN TWP
  • Latitude: 40.7483
  • Longitude: -74.3341

    Address

  • Full Address: 21 Farmstead Rd
  • Address - House Number: 21
  • Address - Street Name: Farmstead
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C013
  • 4-Digit Zip Code: 1291
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,019

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 72
  • Final Value: 1,894,728
  • High Value: 2,277,668
  • Low Value: 1,511,787

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,236,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Loan Amount: $1,236,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $1,545,000
  • Market Land Value: $767,700
  • Market Improvement Value: $777,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,545,000
  • Assessed Land Value: $767,700
  • Assessed Improvements Value: $777,300

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11786383486
  • Current Sale Price: $1,545,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020074166
  • Previous Sale Recording Date: Jan 18, 2014
  • Previous Sale Contract Date: Jan 18, 2014
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $1,236,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Short Hills



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Unit for rent at 291 Millburn Ave, Millburn Twp., NJ, 07041

$4,475 /mo

  • 5 Beds
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291 Millburn Ave #5, Millburn Twp., NJ, 07041 Listing by SCOTT SHUMAN

Frequently Asked Questions

What neighborhood is 21 Farmstead Road located in?
The 21 Farmstead Road is a located in the neighborhood of Essex in Short Hills, Short Hills.
What is the average sales price for listings in 21 Farmstead Road?
The average sales price for units in 21 Farmstead Road is $0 currently.

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