120 Hobart Ave Summit, NJ 07901
Estimated Value: $6,364,000 - $9,671,938
Studio
--
Bath
7,408
Sq Ft
$1,026/Sq Ft
Est. Value
About This Home
This home is located at 120 Hobart Ave, Summit, NJ 07901 and is currently estimated at $7,598,979, approximately $1,025 per square foot. 120 Hobart Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2020
Sold by
Smith J Albert J and Smith Sheila Murphy
Bought by
Mr Chester Llc
Current Estimated Value
Purchase Details
Closed on
May 21, 2001
Sold by
Grubman Eric and Compton Elizabeth
Bought by
Smith J Albert and Smith Sheila Murphy
Purchase Details
Closed on
Nov 14, 1995
Sold by
Specht Robert C and Specht Nancy A
Bought by
Grubman Eric and Compton Elizabeth
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mr Chester Llc | $6,250,000 | None Available | |
| Smith J Albert | $3,274,000 | -- | |
| Grubman Eric | $1,010,000 | -- |
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 |
|---|---|---|---|---|
| 2025 | $110,128 | $2,528,200 | $573,200 | $1,955,000 |
| 2024 | $109,395 | $2,528,200 | $573,200 | $1,955,000 |
| 2023 | $109,395 | $2,528,200 | $573,200 | $1,955,000 |
| 2022 | $108,283 | $2,528,200 | $573,200 | $1,955,000 |
| 2021 | $76,804 | $1,779,100 | $573,200 | $1,205,900 |
| 2020 | $77,569 | $1,779,100 | $573,200 | $1,205,900 |
| 2019 | $77,658 | $1,779,100 | $573,200 | $1,205,900 |
| 2018 | $77,160 | $1,779,100 | $573,200 | $1,205,900 |
| 2017 | $77,658 | $1,779,100 | $573,200 | $1,205,900 |
| 2016 | $76,519 | $1,779,100 | $573,200 | $1,205,900 |
| 2015 | $75,025 | $1,779,100 | $573,200 | $1,205,900 |
| 2014 | $73,085 | $1,779,100 | $573,200 | $1,205,900 |
Source: Public Records
Map
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