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25 Oak Hill Road

25 Oak Hill Road, Short Hills, NJ 07078
Property in Essex
Sold Aug 05, 2021
$2,195,000
$1,756,000 by Us Bank Na
Mortgage Due Jul 01, 2051
Sold May 26, 2015
$860,000
$1,308,000 by Santander Bank Na
Mortgage Due Mar 01, 2046
Local assessors in Short Hills, NJ have categorized 25 Oak Hill Road as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 11,400 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,140 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 25 Oak Hill Road has a total of 3,163 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. 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, 25 Oak Hill Road was last sold in Jun 21, 2021 for $2,195,000. According to our calculations, that's $693.96 per sqft. Prior to that sales transaction, the property was sold for $860,000 in May 8, 2015. Current property owners are expected to pay $34,986 in taxes per year. The property on 25 Oak Hill Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,800,600. To break that down further, the land itself was valued at $633,300. While improvements to the property were assessed at a total of $1,167,300. 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. 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: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,400
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 3,163
  • Building Area: 3,163
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,163
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.262
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KIM BINNA
  • Previous Owner : OWCZAREK KONSTANTY J
  • Previous Owner 2: OWCZAREK SUZANNE M
  • Owner Before Previous Owner: MAY MARY ANNE
  • Owner Before Previous Owner 2: MAY ROBERT K
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020300

Geography

  • Assessors Map Reference: TAX MAP 19
  • District: 12
  • Parcel: 12 01904-0000-00053
  • Block: 1904
  • Lot: 53
  • Municipality: MILLBURN TWP
  • Latitude: 40.7231
  • Longitude: -74.3277

    Address

  • Full Address: 25 Oak Hill Rd
  • Address - House Number: 25
  • Address - Street Name: Oak Hill
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C018
  • 4-Digit Zip Code: 2469
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,986

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 68
  • Final Value: 2,062,120
  • High Value: 2,535,883
  • Low Value: 1,588,358

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,756,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Loan Amount: $1,756,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $1,800,600
  • Market Land Value: $633,300
  • Market Improvement Value: $1,167,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,800,600
  • Assessed Land Value: $633,300
  • Assessed Improvements Value: $1,167,300

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11850302343
  • Current Sale Price: $2,195,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021095864
  • Previous Sale Recording Date: May 26, 2015
  • Previous Sale Contract Date: May 08, 2015
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $1,756,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SANTANDER BANK NA
  • Previous Mortgage Transaction Date: May 26, 2015
  • Previous Mortgage Loan Amount: $1,308,000
  • Previous Mortgage Term: 369
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2046

About Short Hills



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Frequently Asked Questions

What neighborhood is 25 Oak Hill Road located in?
The 25 Oak Hill Road is a located in the neighborhood of Essex in Short Hills, Short Hills.
What is the average sales price for listings in 25 Oak Hill Road?
The average sales price for units in 25 Oak Hill Road is $0 currently.

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