$4,625,000
SOLD APR 12, 2016

129 Hobart Ave Summit, NJ 07901

7 Beds
5.5 Baths
8,000 Sq Ft
0.53 Acres

Recently Sold

$578 Per Sq Ft

1% Below List Price

52 Days on Market

Highlights

  • Home Theater
  • Carriage House
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • 4 Fireplaces

About This Home

As of April 2016

Stunning New Construction. 8,000sf. home & carriage house-suited for the new construction buyer seeking old world elegance. Formally "Crescent Gables", circa 1890, a unique combo of classic & modern architecture. Features include: elegant front porch, soaring ceilings, grand open rooms, custom built-ins throughout, pocket doors, 4 fireplaces, 3 full fl of gracious living space with open staircase, 7 large bedrooms, 5.5 baths, 2 laundry rooms, 3rd floor game room, basement with bedroom and full bath, wine cellar, exercise room, rec room, first floor office/study, professional chef?s kitchen, open concept into the family/den area, large blue stone patio overlooking private level rear yard, new carriage house offers heated 3 car garage & 600 sq. ft. 2nd fl living area and full bath.

Last Agent to Sell the Property

JACK QIZHAN YAO

REALMART REALTY Listed on: 12/07/2015

Last Buyer's Agent

Debbie Woerner

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,705

Year Built

  • Built in 2015

Lot Details

  • 0.53 Acre Lot

Parking

  • 3 Car Detached Garage
  • Inside Entrance

Home Design

  • Carriage House
  • Colonial Architecture
  • Victorian Architecture
  • Wood Shingle Roof

Interior Spaces

  • 8,000 Sq Ft Home
  • High Ceiling
  • 4 Fireplaces
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Kitchen Island
  • Instant Hot Water

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • Summit Middle School
  • Summit High School

Utilities

  • Zoned Heating
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02303-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,705

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial, Victorian
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2015
  • Year Built Description: Standing
  • County Name: Union
  • Street Number Display: 129
  • Directions: Take Hobart Ave off of Route 24
  • I D: 4586272
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: JACK QIZHAN
  • First Name3: DEBRA
  • Last Name: YAO
  • Last Name3: WOERNER
  • Office Phone: 732-727-2285
  • Office Phone3: 973-500-3032
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, Freezer-Freestanding, Central Vacuum, Generator-Built-In, Range/Oven-Gas, Refrigerator, OvnWGas, Instant Hot Water, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: High Ceilings, Smoke Detector, Carbon Monoxide Detector, Walk-In Closet
  • Number Rooms: 25
  • Bedrooms: 7
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: 1 Bedroom, Bath Main, Exercise Room, Media Room, Rec Room, Inside Entrance
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Third
  • Other Room 2: Bedroom
  • Other Room2 Level: Third
  • Other Room3 Level: Third
  • Other Room 4: Bedroom
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Foyer, Office, Living Room, Den, Family Room, Kitchen, Dining Room, Powder Room
  • Level 2 Rooms: Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: Media Room, 2 Bedrooms, Bath Main
  • Estimated Sq Ft: 8000
  • Phone: 888-362-6543

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Open Porch(es), Carriage House, Patio, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 100X230
  • Assessed Improvement Value: 163000
  • Assessed Land Value: 438400
  • Assessment: 601400
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.53
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 24705
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02303-0000-00005-0000-
  • Tax Rate Amount: 4.108
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2015
Closed on
Apr 8, 2016
Sold by
Sophia Holdings Llc
Bought by
Attalla Lea and Musallam Ramzi
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
Debbie Woerner
COLDWELL BANKER REALTY
List Price
$4,690,000
Sold Price
$4,625,000
Premium/Discount to List
-$65,000
-1.39%
Current Estimated Value
$4,803,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,087
Avg. Annual Appreciation
-1.23%

Purchase Details

Listed on
Aug 12, 2013
Closed on
Aug 8, 2013
Sold by
Baab Peter T and Baab Louise J
Bought by
Sophia Holdings Llc
Sold Price
$1,413,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.87%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,625,000 --
Bargain Sale Deed $1,413,950 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2016 04/12/16 Sold $4,625,000 -1.4% $578 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
12/07/2015 12/07/15 For Sale $4,690,000 +231.7% $586 / Sq Ft
08/12/2013 08/12/13 Sold $1,413,950 -- --
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 $69,751 $1,612,000 $438,400 $1,173,600
2023 $69,751 $1,612,000 $438,400 $1,173,600
2022 $69,042 $1,612,000 $438,400 $1,173,600
2021 $69,590 $1,612,000 $438,400 $1,173,600
2020 $86,018 $1,972,900 $438,400 $1,534,500
2019 $86,117 $1,972,900 $438,400 $1,534,500
2018 $85,565 $1,972,900 $438,400 $1,534,500
2017 $86,117 $1,972,900 $438,400 $1,534,500
2016 $25,866 $601,400 $438,400 $163,000
2015 $25,361 $601,400 $438,400 $163,000
2014 $24,706 $601,400 $438,400 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3270186

Garden State MLS

APN: 18-02303-0000-00005