See Home Value
$1,343,690*
House - Off Market

40 Holly Dr

Millburn Twp., NJ 07078
bedrooms
3 Beds
bathrooms
2 Baths
$1,035,000 - $1,263,000
Reference Base Price*
16.94%
Since Nov 1, 2021
NY-New York
Primary Model
Sold Jul 08, 2021
$1,160,000
$660,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2051

About This Property

Amazing opportunity! Enjoy this home as is, or build the home of your dreams. 3 bed, 2 bath ranch resting on .52 acres. Entry foyer leads to spacious kitchen, open concept dining/living room with sliders to wood deck.  Spacious, light filled great room with abundant windows, vaulted ceiling and wood burning fire place.  3 nice-sized bedrooms including master suite with 2 closets.  Hall bath and laundry round out the main floor. 2 car garage. This home has fantastic light, a very private backyard and located in a great neighborhood. Easy access to schools, NYC transportation.  House being sold AS IS-no known issues. Updated systems
Unit Size
-
Days on Market
-
Land Size
0.52 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,722
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jul 8, 2021 Sold to Ernest Steven Lim, Lim Jenn... $1,160,000
Sold to Ernest Steven Lim, Lim Jenn...
Apr 2, 2021 In contract -
In contract
Mar 24, 2021 Listed $1,149,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,699
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,153
  • Building Area: 2,153
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,153
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.521
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIM ERNEST STEVEN
  • Current Owner 2: CHO LIM JENNIE
  • Previous Owner : GURNY OLGA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 28, 2023

Neighborhood

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

Geography

  • Assessors Map Reference: TAX MAP 47
  • District: 12
  • Parcel: 12 04704-0000-00009
  • Block: 4704
  • Lot: 9
  • Municipality: MILLBURN TWP
  • Latitude: 40.7521
  • Longitude: -74.3181

    Address

  • Full Address: 40 Holly Dr
  • Address - House Number: 40
  • Address - Street Name: Holly
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C015
  • 4-Digit Zip Code: 1318
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,480

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 67
  • Final Value: 1,339,595
  • High Value: 1,649,572
  • Low Value: 1,029,617

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $660,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $660,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $796,700
  • Market Land Value: $796,600
  • Market Improvement Value: $100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $796,700
  • Assessed Land Value: $796,600
  • Assessed Improvements Value: $100

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Transaction ID: 11843491948
  • Current Sale Price: $1,160,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021082567

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 08, 2021
  • First Mortgage Loan Amount: $660,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Short Hills


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$1,949 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager


Frequently Asked Questions

When was property at 40 Holly Drive built and last sold?
The property at 40 Holly Drive was built in 1959 and last sold on May 19, 2021 for $1,160,000.
How much is this home worth?
The estimated value of the home located at 40 Holly Drive is $1,160,490.
What are some comparable homes to 40 Holly Drive?
There are currently no comparable homes to 40 Holly Drive.

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