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240 Long Hill Drive

240 Long Hill Drive, Short Hills, NJ 07078
Property in Essex
Sold Jun 21, 2021
$2,633,000
$1,843,100 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2051
Sold Dec 09, 2015
$2,640,000
240 Long Hill Drive has been categorized by the local assessors in Short Hills, NJ as a residential type of property. The building on the property was first built in 2012 and is 12 years old. The building has a total of 2 stories. In addition, 240 Long Hill Drive has 5,225 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,996 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Jun 2, 2021 for $2,633,000. That's $503.92 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2015 for $2,640,000. 240 Long Hill Drive was last assessed in 2022. The total value of the property was assessed at $2,766,500. Specifically, the land the property is located on was valued at $777,700. While improvements on the property were assessed at a total of $1,988,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $53,753. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,996
  • Total Building Area: 5,225
  • Building Area: 5,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,225
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.482
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : YU ALEX
  • Current Owner 2: RYU JANE
  • Previous Owner : LI GANG
  • Previous Owner 2: XIONG YING
  • Owner Before Previous Owner: PRIETO DENNIS
  • Owner Before Previous Owner 2: PRIETO SHANA
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020000

Geography

  • Assessors Map Reference: TAX MAP 37
  • District: 12
  • Parcel: 12 03704-0000-00034
  • Block: 3704
  • Lot: 34
  • Municipality: MILLBURN TWP
  • Latitude: 40.7384
  • Longitude: -74.3383

    Address

  • Full Address: 240 Long Hill Dr
  • Address - House Number: 240
  • Address - Street Name: Long Hill
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C014
  • 4-Digit Zip Code: 1521
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $53,753

    Appraisal Valuation

  • Standard Deviation: 0.2077
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 71
  • Final Value: 2,865,491
  • High Value: 3,460,751
  • Low Value: 2,270,231

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,843,100
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,843,100
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $2,766,500
  • Market Land Value: $777,700
  • Market Improvement Value: $1,988,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,766,500
  • Assessed Land Value: $777,700
  • Assessed Improvements Value: $1,988,800

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11841681640
  • Current Sale Price: $2,633,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021075770
  • Previous Sale Recording Date: Dec 09, 2015
  • Previous Sale Contract Date: Nov 30, 2015
  • Previous Sale Amount: $2,640,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $1,843,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Short Hills



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Frequently Asked Questions

What neighborhood is 240 Long Hill Drive located in?
The 240 Long Hill Drive is a located in the neighborhood of Essex in Short Hills, Short Hills.
What is the average sales price for listings in 240 Long Hill Drive?
The average sales price for units in 240 Long Hill Drive is $0 currently.

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