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20 Sylvan Way, Short Hills, NJ, 07078

7beds
8baths
7,300sqft
$3,990,000
$547price/sqft
$28,405/moest. monthly cost
$1,136,200/yrincome needed

About This Home

Beautiful 9 year old Colonial built by prominent local builder in the heart of Short Hills. A home offers warm comfort and entertainment with over 7300 sf of luxury living. A entry foyer welcomes you into an open floor plan, designer kitchen, center island, butlers pantry, breakfast nook that opens to the family room with fireplace and outdoor patio, sun room, library & in law suite. Second floor features an impressive master suite, sitting room, spacious walk in closet w/custom built-ins & island! Additionally four generous bedrooms, 3 baths and laundry room. Third floor offers recreation room with half bath, currently used as Yoga room. Basement level has a picturesque mud room, 2nd recreation room and bedroom with full bath. Millburn's Top Schools, Fast Commute, and Vibrant Downtown filled with shops & restaurants.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

10/10
8/10
Millburn Middle SchoolGrades 6-81.9 mi
9/10
Millburn Sr High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 2017

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Clapboard,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Central Vacuum,Dishwasher,Dryer,Instant Hot Water,Kitchen Exhaust Fan,Microwave,Range/Oven-Gas,Refrigerator,Washer,Water Filter,Water Softener Owned,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Features: 1Bedroom,BathMain,GameRoom,Leisure,MudRoom,SittngRm,Storage,Utility

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full,Walk-Out Access,Sump Pump

Bedroom1

  • Level: Second
  • Area: 270

Bedroom2

  • Level: Second
  • Area: 195

Bedroom3

  • Level: Second
  • Area: 156

Bedroom4

  • Level: Second
  • Area: 169

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2

Dining Room

  • Features: Formal Dining Room
  • Level: First
  • Area: 252

Family Room

  • Level: First
  • Area: 342

Features

  • Central Vacuum,Bedroom,Library,In-Law Floorplan
  • Door features: Storm Door(s)
  • Window features: Storm Window(s),Shades
  • Flooring: Vinyl-Linoleum,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Zoned,Natural Gas
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 7,300
  • Total interior livable area: 7,300 sqft

Kitchen

  • Features: Kitchen Island,Eat-in Kitchen,Pantry,Separate Dining Area
  • Level: First
  • Area: 520

Living Room

  • Level: First
  • Area: 143

Master Bathroom

  • Features: Soaking Tub,Stall Shower And Tub

Property

Details

  • Parcel number: 1612045040000000070000
  • Zoning description: R-4
  • Other equipment: Generator-Hookup
  • Exclusions: Personal Belongings except fixtures and window treatment

Features

  • Patio & porch: Deck,Open Porch(es),Patio
  • Exterior features: Underground Lawn Sprinkler
  • Has spa: Yes
  • Spa features: Bath

Lot

  • Lot size: 0.46 Acres
  • Features: Level
  • Lot size dimensions: 117 x 171

Parking

  • Total spaces: 6
  • Parking features: 2 Car Width,Additional Parking,Driveway-Exclusive,Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $20,175$242,100
Home Insurance *$698$8,376
Property Taxes $6,728$80,736
Electricity $804$9,656
Total$28,405$340,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$973,885/yr
40% on housing$852,150/yr
45% on housing$757,466/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$547This listing

vs Other Active Listings

Avg $/sqft

ZIP 07078$855
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07078$681
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$3,990,000
2017-09-05Sold$2,555,000
2017-06-09Price change$2,695,000
2017-05-15Listed for sale$2,849,000
2016-04-08Sold$1,150,000

For Sale by Agent

AgentElaine Lim
BrokerageProminent Properties Sir

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