NOT LISTED FOR SALE

122 Hobart Ave Short Hills, NJ 07078

Estimated Value: $1,696,000 - $2,414,000

5 Beds
4 Baths
1,392 Sq Ft
$1,534/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $1,475,000 $1,060 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $13,849/month

About This Home

As of May 2013

This home is located at 122 Hobart Ave, Short Hills, NJ 07078 since 15 May 2013 and is currently estimated at $2,135,461, approximately $1,534 per square foot. This property was built in 1953. 122 Hobart Ave is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.

Last Buyer's Agent

CHUNG HO CHANG

RE/MAX TOWN & VALLEY II

RE/MAX TOWN & VALLEY II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,562

Year Built

  • Built in 1953

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,562

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • County Name: Essex
  • Street Number Display: 122
  • I D: 4311474
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-376-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: IRRX196 .3443AC
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2015
Sold by
Zhang Shang and Wang Zhe
Bought by
Zhang Peng and Li Lei
Current Estimated Value
$2,135,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 15, 2013
Closed on
May 14, 2013
Sold by
Hobart Partners Llc
Bought by
Zhang Shang and Wang Zhe
Buyer's Agent
CHUNG HO CHANG
RE/MAX TOWN & VALLEY II
Sold Price
$1,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Jul 16, 2012
Sold by
Jordan Richard A and Jordan Lynn E
Bought by
Hobart Partners Llc

Purchase Details

Closed on
Apr 29, 1997
Sold by
Fellers Elvira
Bought by
Jordan Richard and Jordan Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
8.09%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhang Peng $1,500,000 --
Zhang Shang $1,475,000 --
Zhang Shang $1,475,000 --
Hobart Partners Llc $560,000 Chicago Title Insurance Co
Jordan Richard $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mang Peng $1,085,000
Closed Zhang Peng $1,085,000
Closed Zhang Peng $1,200,000
Previous Owner Jordan Richard $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $1,475,000 -- $1,060 / 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
2025 $26,562 $1,358,000 $735,700 $622,300
2024 $26,562 $1,358,000 $735,700 $622,300
2022 $26,386 $1,358,000 $735,700 $622,300
2021 $26,318 $1,358,000 $735,700 $622,300
2020 $26,155 $1,358,000 $735,700 $622,300
2019 $26,209 $1,358,000 $735,700 $622,300
2018 $25,829 $1,358,000 $735,700 $622,300
2017 $25,204 $1,358,000 $735,700 $622,300
2016 $26,789 $1,243,700 $503,500 $740,200
2015 $26,180 $1,243,700 $503,500 $740,200
2014 $25,073 $1,243,700 $503,500 $740,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2013

    CHUNG HO CHANG

    RE/MAX

    (973) 598-1008

    23 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3014847

Garden State MLS

APN: 12-01604-0000-00029

New Jersey Essex County Short Hills 07078

122 Hobart Ave, Short Hills, NJ

This home is located at 122 Hobart Ave, Short Hills, NJ 07078 since 15 May 2013 and is currently estimated at $2,135,461, approximately $1,534 per square foot. This property was built in 1953. 122 Hobart Ave is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.

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