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31 Hillandale Dr #204, Far Hills, NJ, 07931

4beds
6baths
3,372sqft
$1,660,000
$492price/sqft
$12,100/moest. monthly cost
$484,000/yrincome needed

About This Home

This exceptional 4-bedroom condominium designed with 3 levels of expansive living space, is sited on a quiet hilltop within a 10 minute drive of the Gladstone train station. Sunshine floods the 2-story fireside living room from oversized windows. They frame natural views across lawns, the wooded border and mountains beyond. A generous first floor primary bedroom contains an upgraded ensuite bath and custom closet/dressing room enhanced by designer lighting. The thoughtfully finished kitchen is centered by a massive island with seating, under counter Sub-Zero wine fridge and pendant lighting. A custom paneled built-in Sub-Zero refrigerator, oven wall, range and extensive counter space make this stylish kitchen highly efficient. A windowed dining area balances the room for casual meals. There is a bright, airy office at the front of the home featuring custom shelving with designer lighting. The second floor includes a sizeable loft-style area ideal for media or relaxed gatherings, as well as three bedrooms, each with full ensuite baths and walk-in closets. An inviting finished walkout lower level connected to an outdoor patio adds another 1,100 square feet of space, providing a versatile family room, exercise or hobby area, another full bath and an oversized, closed storage area. Gorgeous engineered wood flooring, high-end carpeting, extra outlets and dimmers on most lights, as well as a two-car garage featuring an epoxy floor are notable additions. The Enclave at Hillandale is a newer boutique community situated in desirable Mendham Township. Its central location is close to Midtown Direct trains, the charming village of Mendham Borough for shops and dining, acres of parkland and walking trails, commuter highways and highly-rated schools, including the International Baccalaureate West Mendham Morris High School. Minutes away is vibrant Morristown for an award-winning hospital, performing arts center, historic sites, extensive shopping and gourmet restaurants.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2024

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Fireplace: Yes

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 3,372
  • Total interior livable area: 3,372 sqft

Property

Details

  • Parcel number: 2319001000000000170003C0015

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Mountain(s)

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
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
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 $8,393$100,716
Home Insurance *$791$9,492
Property Taxes $2,545$30,540
Electricity $371$4,460
Total$12,100$145,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$414,857/yr
40% on housing$363,000/yr
45% on housing$322,666/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: 8.3%
8.3%
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

$492This listing

vs Other Active Listings

Avg $/sqft

ZIP 07931$665
Somerset County$343

vs Homes Sold Last Month

Median $/sqft

ZIP 07931$453
Somerset County$348

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
2026-07-25Listed for sale$1,660,000

For Sale by Agent

AgentMolly Tonero
BrokerageTurpin Realtors

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