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Under contract
  • $3,575,000

    123 HIGHLAND AVENUE, Millburn Twp., NJ 07078

    7beds
    7,193sqft
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    Single Family Residence
    Built in 1924
    0.97 Acres Lot
    $3,503,900 Zestimate®
    $497/sqft
    $-- HOA

    What's special

    Situated on nearly an acre in Old Short Hills, this timeless fieldstone Colonial offers a rare balance of architectural significance and livability. From its classic facade to elegant proportions, the home invites you in with presence and warmth. Inside, a wide entry sets the tone. The living room, anchored by a wood-burning fireplace, flows into a sunroom with three stone walls and its own fireplace, offering a year-round connection to the outdoors. Light fills the formal dining room through multiple exposures, while a coffered ceiling adds refinement. A butler's pantry opens to a large kitchen designed for both form and function, with custom cabinetry, professional appliances and a breakfast room framed by stone and windows. French doors open to a bluestone patio and a backyard with room for a pool. A vaulted family room with exposed beams brings volume and ease, while a private office, mudroom and powder room complete the first floor. Upstairs, the primary suite offers a quiet escape with a spa-like bath and a custom walk-in closet. Three more bedrooms include two with en suite baths and one with an office. The third level continues with three bedrooms, two full baths and a lounge with versatility. The lower level includes a recreation room, gym, walk-in wine cellar and powder room, adding flexibility to any lifestyle. With a new cedar shake roof and a setting just blocks from town and the train, this is the rare home that pairs tradition with possibility inside and out.
    105 days
    |
    151
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony J Verducci Jr 973-477-2220,

    Serhant New Jersey Llc

    Source: GSMLS,MLS#: 4018261MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      Primary bedroom
      • Description: Dressing Room, Full Bath, Walk-In Closet
      Bedroom 1
      • Level: Second
      • Area: 255
      • Dimensions: 17 x 15
      Bedroom 2
      • Level: Second
      • Area: 225
      • Dimensions: 15 x 15
      Bedroom 3
      • Level: Second
      • Area: 242
      • Dimensions: 22 x 11
      Bedroom 4
      • Level: Second
      • Area: 132
      • Dimensions: 12 x 11
      Bedroom 5
      • Area: 209
      • Dimensions: 19 x 11
      Primary bathroom
      • Features: Stall Shower
      Dining room
      • Features: Formal Dining Room
      • Level: First
      • Area: 225
      • Dimensions: 15 x 15
      Family room
      • Level: First
      • Area: 450
      • Dimensions: 25 x 18
      Kitchen
      • Features: Kitchen Island, Eat-in Kitchen, Separate Dining Area
      • Level: First
      • Area: 756
      • Dimensions: 28 x 27
      Living room
      • Level: First
      • Area: 448
      • Dimensions: 28 x 16
      Basement
      • Features: Exercise Room, Laundry Room, Powder Room, Rec Room, Storage Room
      Heating
      • Forced Air, Zoned, Radiators - Hot Water, Natural Gas
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer, Wine Refrigerator
      • Laundry: In Basement, Level 2
      Features
      • Wet Bar, High Ceilings, Walk-In Closet(s), Bedroom, Rec Room, Exercise Room
      • Flooring: Carpet, Tile, Wood
      • Windows: Thermal Windows/Doors
      • Basement: Yes,Finished,Full,Sump Pump
      • Number of fireplaces: 3
      • Fireplace features: Family Room, Gas, Library, Living Room, Wood Burning
      Interior area
      • Total structure area: 7,193
      • Total interior livable area: 7,193 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 1 Car Width, Additional Parking, Detached Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Patio & porch: Patio
      • Exterior features: Underground Lawn Sprinkler
      • Has spa: Yes
      • Spa features: Bath
      Lot
      • Size: 0.97 Acres
      • Dimensions: 198 x 214
      • Features: Level, Open Lot
      Details
      • Parcel number: 1612022010000000010000
      • Zoning description: RESIDENTIAL

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Clapboard, Stone
      • Roof: Wood Shingle
      Condition
      • Year built: 1924
      • Major remodel year: 2025

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer, Sewer Charge Extra
      • Water: Public, Water Charge Extra
      • Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available, Garbage Included

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Old Short Hills
      Location
      • Region: Short Hills

      Financial & listing details

      • Price per square foot: $497/sqft
      • Tax assessed value: $3,321,500
      • Annual tax amount: $65,832
      • Date on market: 4/11/2026
      • Exclusions: See Listing Agent
      • Ownership type: Fee Simple
      • Electric utility on property: Yes

        Estimated market value

        $3,503,900

        $3.33M - $3.68M

        $20,714/mo

        Price history

        DateEventPrice
        5/12/2026Pending sale$3,575,000$497/sqft
        Source: GSMLS #4018261 Report a problem
        4/3/2026Listed for sale$3,575,000$497/sqft
        Source: NJMLS #26011030 Report a problem
        10/2/2025Listing removed$3,575,000$497/sqft
        Source: GSMLS #3969249 Report a problem
        6/13/2025Listed for sale$3,575,000-0.7%$497/sqft
        Source: GSMLS #3969249 Report a problem
        5/22/2025Listing removed$3,600,000$500/sqft
        Source: GSMLS #3963932 Report a problem
        5/19/2025Listed for sale$3,600,000$500/sqft
        Source: GSMLS #3963932 Report a problem
        5/19/2025Listing removed$3,600,000$500/sqft
        Source: GSMLS #3910131 Report a problem
        4/24/2025Price change$3,600,000-4%$500/sqft
        Source: GSMLS #3910131 Report a problem
        9/12/2024Price change$3,750,000-5.1%$521/sqft
        Source: GSMLS #3910131 Report a problem
        6/26/2024Listed for sale$3,950,000+4547.1%$549/sqft
        Source: GSMLS #3910131 Report a problem
        9/30/2016Sold$85,000-97.6%$12/sqft
        Source: Public Record Report a problem
        8/22/2008Sold$3,475,000+41.8%$483/sqft
        Source: Public Record Report a problem
        5/26/2004Sold$2,450,000$341/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$67,061 +1.9%$3,321,500
        2024$65,832 -3.5%$3,321,500
        2023$68,213 $3,321,500
        2022$68,213 $3,321,500
        2021$68,213 +6.4%$3,321,500
        2020$64,105 +49.8%$3,321,500
        2019$42,783 $3,321,500
        2018$42,783 -37.3%$3,321,500
        2017$68,213 +2.3%$3,321,500 +4.9%
        2016$66,661 +4.4%$3,166,800
        2015$63,843 +4.2%$3,166,800
        2014$61,246 +1.8%$3,166,800
        2013$60,138 +2.8%$3,166,800
        2012$58,523 +5.2%$3,166,800 +2.2%
        2011$55,614 +2.2%$3,100,000
        2010$54,405 +5.2%$3,100,000
        2009$51,739 +0.8%$3,100,000
        2008$51,311 -2.9%$3,100,000
        2007$52,860 $3,100,000 +28.1%
        2006-- $2,419,500 +17.8%
        2005-- $2,053,500
        2004$40,249 $2,053,500
        2003-- $2,053,500
        2002-- $2,053,500 +413%
        2001-- $400,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 07078

        Getting around

        24 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hartshorn
        • Middle: Millburn
        • High: Millburn

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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