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54 Forest Drive

54 Forest Drive, Short Hills, NJ 07078
Property in Essex
Sold Sep 07, 2021
$1,835,000
$970,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2051
Sold Sep 01, 2015
$1,682,500
$1,082,500 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2045
54 Forest Drive in Short Hills, NJ was first built in 1964 and is 60 years old. This has been categorized as a residential property type. There are a total of 2 floors. 54 Forest Drive has 3,121 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 1,170 ft and the linear feet between the front and back of the lot is 1,750. In total, the area measurement of the land is 25,997 square feet.

Learn more about the property and building on this page. 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. The property was last sold in Aug 2, 2021 for $1,835,000. That's $587.95 per sqft. Prior to that sales transaction, the property was also sold in Aug 20, 2015 for $1,682,500. 54 Forest Drive was last assessed in 2022. The total value of the property was assessed at $1,664,300. Specifically, the land the property is located on was valued at $1,042,500. While improvements on the property were assessed at a total of $621,800. 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 $32,337. 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. 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: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,997
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 3,121
  • Building Area: 3,121
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,121
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.597
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIU WENQI
  • Current Owner 2: HAN XU
  • Previous Owner : BALASUBRAMANIAN VENKATESH
  • Previous Owner 2: BALASUBRAMANIAN MEENAKSHI
  • Owner Before Previous Owner: KEAVENEY BRIAN W
  • Owner Before Previous Owner 2: KEAVENEY MICHELE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Geography

  • Assessors Map Reference: TAX MAP 21
  • District: 12
  • Parcel: 12 02110-0000-00006
  • Block: 2110
  • Lot: 6
  • Municipality: MILLBURN TWP
  • Latitude: 40.7293
  • Longitude: -74.326

    Address

  • Full Address: 54 Forest Dr
  • Address - House Number: 54
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C006
  • 4-Digit Zip Code: 2833
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,337

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 67
  • Final Value: 1,912,350
  • High Value: 2,363,218
  • Low Value: 1,461,481

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $970,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Loan Amount: $970,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $1,664,300
  • Market Land Value: $1,042,500
  • Market Improvement Value: $621,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,664,300
  • Assessed Land Value: $1,042,500
  • Assessed Improvements Value: $621,800

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Transaction ID: 11857165936
  • Current Sale Price: $1,835,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021109380
  • Previous Sale Recording Date: Sep 01, 2015
  • Previous Sale Contract Date: Aug 20, 2015
  • Previous Sale Amount: $1,682,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 07, 2021
  • First Mortgage Loan Amount: $970,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Sep 01, 2015
  • Previous Mortgage Loan Amount: $1,082,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About Short Hills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 54 Forest Drive located in?
The 54 Forest Drive is a located in the neighborhood of Essex in Short Hills, Short Hills.
What is the average sales price for listings in 54 Forest Drive?
The average sales price for units in 54 Forest Drive is $0 currently.

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