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41 Woodfield Drive

41 Woodfield Drive, Short Hills, NJ 07078
Property in Essex
Sold Jun 11, 2021
$4,250,000
$2,000,000 by Bny Mellon Na
Mortgage Due Jul 01, 2051
Sold Oct 15, 2008
$1,300,000
$975,000 by The Northern Trust Co
Mortgage Due Sep 15, 2018
41 Woodfield 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 2010 and is 14 years old. The building has a total of 2 stories. In addition, 41 Woodfield Drive has 5,739 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,890 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 25,596 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 May 28, 2021 for $4,250,000. That's $740.55 per sqft. Prior to that sales transaction, the property was also sold in Oct 10, 2008 for $1,300,000. 41 Woodfield Drive was last assessed in 2022. The total value of the property was assessed at $3,029,200. Specifically, the land the property is located on was valued at $1,047,000. While improvements on the property were assessed at a total of $1,982,200. 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 $58,857. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,596
  • Lot Size Depth Feet: 1,890
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 5,739
  • Building Area: 5,739
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,739
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.588
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SPOON RYAN
  • Current Owner 2: SPOON ANETTE
  • Previous Owner : KAPLAN LANCE
  • Previous Owner 2: KAPLAN ILANA
  • Owner Before Previous Owner: KENNEDY JAN C
  • Owner Before Previous Owner 2: CARLONE MARIE C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Geography

  • Assessors Map Reference: TAX MAP 29
  • District: 12
  • Parcel: 12 02901-0000-00039
  • Block: 2901
  • Lot: 39
  • Municipality: MILLBURN TWP
  • Latitude: 40.7405
  • Longitude: -74.3211

    Address

  • Full Address: 41 Woodfield Dr
  • Address - House Number: 41
  • Address - Street Name: Woodfield
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C003
  • 4-Digit Zip Code: 1609
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $58,857

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 75
  • Final Value: 3,162,921
  • High Value: 3,755,759
  • Low Value: 2,570,084

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: BNY MELLON NA
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • 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: $3,029,200
  • Market Land Value: $1,047,000
  • Market Improvement Value: $1,982,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,029,200
  • Assessed Land Value: $1,047,000
  • Assessed Improvements Value: $1,982,200

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11841239944
  • Current Sale Price: $4,250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021073066
  • Previous Sale Recording Date: Oct 15, 2008
  • Previous Sale Contract Date: Oct 10, 2008
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BNY MELLON NA
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $2,000,000
  • 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

    Previous Mortgages

  • Previous Mortgage Lender: THE NORTHERN TRUST CO
  • Previous Mortgage Transaction Date: Oct 15, 2008
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $975,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Sep 15, 2018

About Short Hills



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Frequently Asked Questions

What neighborhood is 41 Woodfield Drive located in?
The 41 Woodfield Drive is a located in the neighborhood of Essex in Short Hills, Short Hills.
What is the average sales price for listings in 41 Woodfield Drive?
The average sales price for units in 41 Woodfield Drive is $0 currently.

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