NOT LISTED FOR SALE

11 Hobart Ave Summit, NJ 07901

Estimated Value: $1,367,253 - $1,799,000

3 Beds
3 Baths
2,052 Sq Ft
$766/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $965,000 $470 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,293/month

105 Days on Market

Highlights

  • In Ground Pool
  • Recreation Room
  • Cathedral Ceiling
  • L C Johnson Summit Middle School Rated A+
  • Ranch Style House
  • Wood Flooring

About This Home

As of November 2019

New York Lifestyle Country Comfort. Unique, one of a kind ranch with beautiful views to the professionally landscaped back yard. This house boasts of a charming living room with wood burning fireplace, perfect for entertaining a small or large group. Both the kitchen and the family room have access to the patio, the back yard and to the pool. All three bathrooms have been renovated in the last couple years. This home also offers a private guest quarters with two rooms and full bath - entrance from the backyard. Conveniently located just 3 blocks from downtown Summit, the Mid Town Direct train to New York City, its great restaurants and shopping.

Last Listed By

CHRISTINA ECHANIZ

PROMINENT PROPERTIES SIR Listed on: 06/25/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,603

Year Built

  • Built in 1940

Lot Details

  • 0.44 Acre Lot
  • Wood Fence

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Tuck Under Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Ranch Style House
  • Wood Siding
  • Clapboard
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Exterior Basement Entry

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Patio

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2918-03401-0000-00025-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,603

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 11
  • Directions: Springfield Ave to Hobart towards Franklin Pl.
  • I D: 4909371
  • Modified: 2021-09-23
  • Number Images: 22
  • First Name: CHRISTINA
  • First Name3: KIM
  • Last Name: ECHANIZ
  • Last Name3: CANNON
  • Office Phone: 908-273-8808
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, OvnWGas, CookGas, Washer, Dishwasher, Dryer
  • Interior Amenities: Beam Ceilings, StallShw, Blinds, Skylight, Cathedral Ceiling
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Ground
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: 1 Bedroom, Laundry Room, Utility Room, Outside Entrance, SeeRem, GarEnter, Bath Main, Rec Room
  • Dining Room Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, SepEnter, Full Bath
  • Kitchen Area: Country Kitchen, Eat-In Kitchen
  • Kitchen Dim: 17x15
  • Kitchen Level: First
  • Living Room Dim: 25x16
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 19x15
  • Other Room1 Level: Basement
  • Other Room2 Dim: 13x11
  • Level 1 Rooms: 2 Bedrooms, SeeRem, Living Room, Dining Room, Bath Main, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Attic
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Clapboard, Wood
  • Exterior Features: Patio, Metal Fence, Wood Fence, Sidewalk
  • Pool: Yes
  • Pool Description: In-Ground Pool, Outdoor Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Built-In Garage, Garage Under
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Crushed Stone, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 100X190
  • Assessed Improvement Value: 141400
  • Assessed Land Value: 247200
  • Assessment: 388600
  • Easement: Unknown
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.44
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16603
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03401-0000-00025-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Nov 23, 2019
Sold by
Jacovino Jacqueline V
Bought by
Proshuto Edward and Arpa Lisa D
Seller's Agent
CHRISTINA ECHANIZ
PROMINENT PROPERTIES SIR
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
List Price
$1,299,000
Sold Price
$965,000
Premium/Discount to List
-$334,000
-25.71%
Total Days on Market
105
Current Estimated Value
$1,571,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,563
Original Mortgage
$450,000
Outstanding Balance
$405,829
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2008
Sold by
Jacovino Jacqueline V
Bought by
Jacovino Jacqueline

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Proshuto Edward $965,000 Acres Land Title Agency Inc
Jacovino Jacqueline -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proshuto Edward $450,000
Previous Owner Jacovino Amedeo C $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $965,000 -3.5% $470 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/28/2019 09/28/19 Price Changed $999,999 -8.7% $487 / Sq Ft
09/05/2019 09/05/19 Price Changed $1,095,000 -8.4% $534 / Sq Ft
08/13/2019 08/13/19 Price Changed $1,195,000 -4.3% $582 / Sq Ft
07/17/2019 07/17/19 Price Changed $1,249,000 -3.8% $609 / Sq Ft
06/25/2019 06/25/19 For Sale $1,299,000 -- $633 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,957 $415,000 $247,200 $167,800
2023 $17,957 $415,000 $247,200 $167,800
2022 $17,774 $415,000 $247,200 $167,800
2021 $17,916 $415,000 $247,200 $167,800
2020 $18,094 $415,000 $247,200 $167,800
2019 $16,962 $388,600 $247,200 $141,400
2018 $16,854 $388,600 $247,200 $141,400
2017 $16,962 $388,600 $247,200 $141,400
2016 $16,714 $388,600 $247,200 $141,400
2015 $16,137 $388,600 $247,200 $141,400
2014 $15,714 $378,500 $247,200 $131,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3568822

Garden State MLS

APN: 18-03401-0000-00025