For sale

$4,195,000

Est. $29,717/mo —

•

11,076

sq ft

40 Highland Ave, Short Hills, NJ 07078-2812

About this home

Step inside Montview Estate in the Heart of Short Hills where timeless design meets modern luxury living. This iconic 8-bedroom, 6 full and 2 half-bathroom residence has been reimagined with today's lifestyle in mind, offering a seamless blend of grand entertaining spaces, private retreats and thoughtfully crafted details. The home has been enhanced to provide unparalleled comfort and convenience with updated modern systems. With approx 11,000 square feet and 4 floors of living and entertainment space including the lower level, Montview's layout caters to both elegant entertaining and everyday ease. The expanded chef's kitchen features premium appliances and custom cabinetry flowing to the light-filled breakfast room with fireplace and the family room. Upstairs, the spectacular primary suite showcases a luxurious bathroom + separate dressing room with the remaining bedrooms and bathrooms thoughtfully updated with the 3rd floor a convenient retreat ideal for extended stay guests. The lower level is fully excavated and underpinned with 9-foot ceilings, speakeasy-style bar with separate exterior entrance + wine room, fitness room and media room. Set on over an acre of landscaped grounds leading to the stunning wraparound porch and restored roofing with slate-style shingles, Montview is close to top-rated public and private schools, fine dining, boutique shopping, recreational options + just 3 blocks to the Short Hills Train Station with direct train to NYC.

Single-familyProperty Type

1880Year Built

1.1 acresLot Size

$379Price/Sq.Ft.

3 car garageParking

Listed by SIMON WESTFALL-KWONG • EXP REALTY, LLC

Contact: 917-774-9242

Listing updated: Aug 5, 2026 at 04:12pm

Redfin checked: 2 minutes ago

•Source:GSMLS #4045018

Payment calculator

$29,717 per month

Principal and interest$22,610

Property taxes

$6,442

HOA dues

Home insurance

$664

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TUE, 5PM TO 7PM3D WALKTHROUGH
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3 beds3 baths— sq ft
1848 Quaker Way, Union, NJ 07083-3726
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51 Morningside Rd, Verona, NJ 07044
Keller Williams Realty - NJ Metro Group, (973) 783-7400
OPEN FRI, 5:30PM TO 7PM
$949,000
3 beds2.5 baths— sq ft
106 Wildwood Ave, Montclair, NJ 07043-2213
OPEN SAT, 12PM TO 2PM
$559,900
3 beds1.5 baths1,525 sq ft
452 Caswell Ave #1, Staten Island, NY 10314
Listing by SI Premiere Properties
OPEN SAT, 2PM TO 4PM
$1,099,000
4 beds2.5 baths— sq ft
181 Sunset Ave, Verona, NJ 07044-2318
OPEN SAT, 2PM TO 4PM
$1,149,000
4 beds3.5 baths— sq ft
52 Warfield St, Montclair, NJ 07043-1117
OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
$449,000
3 beds2 baths— sq ft
244 Belleview Ter, Hillside, NJ 07205-1532
OPEN SAT, 2PM TO 4PM
$899,000
4 beds3.5 baths— sq ft
25 Cloverhill Pl, Montclair, NJ 07042-4818
OPEN SAT, 2PM TO 4PM
$499,000
3 beds2 baths— sq ft
314 Elmwood Ave, East Orange, NJ 07018
EXP Realty, LLC, (866) 201-6210
OPEN SAT, 2PM TO 4PM
$1,799,000
4 beds3.5 baths— sq ft
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Prominent Properties Sotheby's International Realty-Montclair, (973) 783-6900

Around this home

Schools

K - 12
Preschool & daycare

Glenwood Elementary School

Public K-4 • Assigned • 0.5mi

10/10

Millburn Middle School

Public 6-8 • Assigned • 0.7mi

8/10

Millburn Senior High School

Public 9-12 • Assigned • 0.7mi

9/10

Provided by GreatSchools

About South Hills Park Historic

District

South Hills Park Historic District, located between Millburn Avenue and South Orange Avenue, is a historic and residential Short Hills neighborhood with winding, tree-lined lanes and early-20th-century architecture. Tudor Revival, Colonial Revival, and Craftsman details set a cohesive streetscape, with stone walls and deep setbacks shaping the quiet rhythm. The neighborhood’s character concentrates around the Millburn Avenue streetscape near the Short Hills train station, where sidewalk cafes, small boutiques, and service storefronts create a polished, lived-in feel. Paper Mill Playhouse and the Millburn Free Public Library anchor local culture, while the Mall at Short Hills adds a curated retail counterpoint. South Mountain Reservation frames the edge with wooded trails and overlooks, and nearby rail service supports a commuter-friendly cadence.

Provided by Walk Score and Local Logic

Market insights

40 Highland Ave · $4,195,000

DAYS ON MARKET

The average home goes pending in 25 days.

SALE-TO-LIST

Most homes are selling 8% above list price.

LIST PRICE

Median list price in this area is $592,337. (86% lower than this home)

PRICE DROP

8% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Wet bar
Exposed beam ceilings
Window blinds and drapes
Carbon monoxide detector
Smoke detector
Fire extinguisher
High ceilings
Walk-in closets
Eight fireplaces (located in bedroom, dining room, kitchen, library, living room, rec room, and others)

Bedrooms
Primary suite with dressing room, fireplace, full bath and walk-in closet
Multiple upstairs bedrooms (examples: 27x22; 15x16; 16x16; 12x13)

Bathrooms
Six full bathrooms
Two half bathrooms
Primary bath with soaking tub and stall shower

Kitchen
Center island
Eat-in kitchen
Gas range/oven
Microwave
Dishwasher
Refrigerator
Instant hot water
Kitchen exhaust fan
Water filter

Laundry & utility
Washer and dryer included
Water softener (owned)
Generator hookup

Flooring
Carpeting
Tile
Wood floors

Heating & cooling
Four heating zones with forced hot air
Natural gas heating
Four cooling units with central air and multi-zone cooling

Sale and tax history for 40 Highland Ave

Sale History
Tax History

Date

Event

Price

GSMLS #4045018

Aug 5, 2026

Listed

$4,195,000

$379/sq ft

NJMLS #26029504

Aug 5, 2026

Listed

$4,195,000

$379/sq ft

+37

NJMLS #26013357

Apr 17, 2026

Listed

$4,995,000

$451/sq ft

NJMLS #26002424

Jan 23, 2026

Listed

$5,295,000

$478/sq ft

NJMLS #25019446

Jun 6, 2025

Listed

$5,850,000

$528/sq ft

NJMLS #25000348

Jan 8, 2025

Listed

$6,250,000

$564/sq ft

Public Records

Apr 29, 2004

Sold

$2,140,000

$193/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$77,310 (+1.9%)

$1,120,800 + $2,708,300

$3,829,100

2024

$75,893 (+1.3%)

$1,120,800 + $2,708,300

$3,829,100

2023

$74,897 (+0.7%)

$1,120,800 + $2,708,300

$3,829,100

2022

$74,399 (+0.3%)

$1,120,800 + $2,708,300

$3,829,100

2021

$74,208 (+0.6%)

$1,120,800 + $2,708,300

$3,829,100

2020

$73,748 (−0.2%)

$1,120,800 + $2,708,300

$3,829,100

2019

$73,902 (+1.5%)

$1,120,800 + $2,708,300

$3,829,100

2018

$72,829 (+2.5%)

$1,120,800 + $2,708,300

$3,829,100

2017

$71,068 (+8.0%)

$1,120,800 + $2,708,300

$3,829,100

2016

$65,776 (+6.8%)

$1,120,800 + $2,708,300

$3,829,100

2014

$61,562 (+4.2%)

$1,122,000 + $1,931,700

$3,053,700

2013

$59,059 (+1.8%)

$1,122,000 + $1,931,700

$3,053,700

2012

$57,990 (+2.8%)

$1,122,000 + $1,931,700

$3,053,700

2011

$56,432 (+3.0%)

$1,122,000 + $1,931,700

$3,053,700

2010

$54,783 (+21.0%)

$1,122,000 + $1,931,700

$3,053,700

2009

$45,286

$1,122,000 + $1,931,700

$3,053,700

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

1.1 Acres

Year renovated

—

Finished Sq. Ft.

7,901

Unfinished Sq. Ft.

—

Total Sq. Ft.

7,901

Year built

1880

Style

Single Family Residential

County

Essex County

APN

1202210 00010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 12, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 102° expected this year, 14 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Short Hills, NJ • 07078-2812

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

68/ 100

Moderate sunlight

Sunscore

There appears to be some shading by surrounding buildings, terrain, and vegetation.

8.8 hrs

3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 40 Highland Ave

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $1,810,000 and $5,000,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $1.8M to $5.0M.

SOLD AUG 18, 2026
$3,450,000 Last sold price
7 beds6 baths— sq ft
123 Highland Ave, Short Hills, NJ 07078
Serhant New Jersey LLC
smaller lot
SOLD AUG 25, 2026
$1,810,000 Last sold price
4 beds2.5 baths— sq ft
184 Old Short Hills Rd, Short Hills, NJ 07078
Coldwell Banker, Upper Montclair
smaller lot
unfinished basement
SOLD JUN 8, 2026
$5,000,000 Last sold price
7 beds6.5 baths— sq ft
127 Stewart Rd, Short Hills, NJ 07078
Signature Realty NJ LLC - Westfield
smaller lot
SOLD JUN 26, 2026
$4,105,000 Last sold price
6 beds7.5 baths— sq ft
31 FOREST Dr, Short Hills, NJ 07078
smaller lot
no basement
SOLD AUG 24, 2026
$1,999,999 Last sold price
5 beds4 baths— sq ft
35 Woodland Rd, Short Hills, NJ 07078-2420
smaller lot
51 years newer
no basement
SOLD AUG 12, 2026
$1,895,000 Last sold price
4 beds4.5 baths— sq ft
57 Woodland Rd, Short Hills, NJ 07078-2420
smaller lot
no basement

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