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402 Short Hills Dr

Mount Royal, NJ 08061

5 bd 4 ba 3,000 sqft Built 2018 Lot 11,282 sqft single_family
Most recent sale
$580,000
Nov 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2021 Sold $580,000 MLS #NJGL2005652
Oct 3, 2021 Listed $545,000 MLS #NJGL2005652
Apr 26, 2021 Listed $529,900 MLS #NJGL274624

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $327,600 $110,500 $438,100 $13,962
2024 $327,600 $110,500 $438,100 $13,927
2023 $327,600 $110,500 $438,100 $13,484
2022 $327,600 $110,500 $438,100 $13,103
2021 $327,600 $110,500 $438,100 $13,191
2020 $325,700 $110,500 $436,200 $13,195
2019 $325,700 $110,500 $436,200 $13,059

Property facts

Year built
2018
Property type
single_family
Stories
3
Beds
5
Baths
4
Living area
3,000 sqft
Lot size
11,282 sqft
ZIP code
08061
City
Mount Royal
Street
Short Hills Dr
Coordinates
39.79676, -75.19399

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,500
Gross rental yield
9.31%
Implied cap rate
6.05%
Trend-extrapolated value

Frequently asked questions

When did 402 Short Hills Dr last sell?
402 Short Hills Dr most recently sold on Nov 30, 2021 for $580,000.
What is the current tax assessment for 402 Short Hills Dr?
The most recent total assessment for 402 Short Hills Dr (year 2025) is $438,100 with $13,962 in property tax.
How does 402 Short Hills Dr's assessment compare to its last sale price?
The current assessment is 24.5% below the last sale price of $580,000.
When was 402 Short Hills Dr built?
402 Short Hills Dr was built in 2018.
How does 402 Short Hills Dr compare to others on Short Hills Dr?
We track 8 other properties on Short Hills Dr. Browse the list under "Other properties on Short Hills Dr" to compare beds, baths, and sale history.
What are the property facts for 402 Short Hills Dr?
402 Short Hills Dr is a 5 bed, 4 bath, 3,000 sqft, 11,282 sqft lot single_family.
Is 402 Short Hills Dr a flip candidate?
No — 402 Short Hills Dr does not appear in our flips dataset.
Is 402 Short Hills Dr a tax-appeal candidate?
No — 402 Short Hills Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.4%
2026 Q1
$322.2K
2026 Q2
$317.5K
ZIP 08061 — Median Price History + Forecast

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