$4,500,000
SOLD APR 30, 2025

141 Hobart Ave Summit, NJ 07901

7 Beds
6 Baths
6,063 Sq Ft
0.91 Acres

Recently Sold

$742 Per Sq Ft

9% Below List Price

0 Day on Market

About This Home

As of April 2025

This home is located at 141 Hobart Ave, Summit, NJ 07901 and is currently priced at $4,500,000, approximately $742 per square foot. This property was built in 1916. 141 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.

Last Agent to Sell the Property

ALLISON B LEES

PROMINENT PROPERTIES SIR Brokerage Phone: 908-273-8808 Listed on: 04/30/2025

Last Buyer's Agent

Shannon Xaviers

CHRISTIE'S INT. REAL ESTATE GROUP

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,089

Year Built

  • Built in 1916

Lot Details

  • 0.91 Acre Lot

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,089

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Year Built: 1916
  • County Name: Union
  • Street Number Display: 141
  • I D: 5354272
  • Modified: 2025-04-30
  • Number Images: 1
  • Attribution Contact: 908-273-8808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 5.10

Lot Info

  • Lot Size: .906AC
  • Total Acres: 0.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Apr 17, 2025
Sold by
Paris Family 2021 Trust and Paris Giacomo
Bought by
Gross Jared B and Conrad Jessica K
Seller's Agent
ALLISON B LEES
PROMINENT PROPERTIES SIR
Buyer's Agent
Shannon Xaviers
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$4,950,000
Sold Price
$4,500,000
Premium/Discount to List
-$450,000
-9.09%
Views
8
Current Estimated Value
$4,634,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,318
Avg. Annual Appreciation
7.83%
Original Mortgage
$600,000
Outstanding Balance
$525,630
Interest Rate
6.65%
Estimated Equity
$4,108,688

Purchase Details

Closed on
Dec 7, 2021
Sold by
Paris Aulicino Giovannina Carla
Bought by
Paris Family 2021 Trust

Purchase Details

Closed on
Sep 21, 2021
Sold by
Paris Giacomo Antonio Francisco and Aulicino Giovannina Carla
Bought by
Aulicino Giovannina Carla Paris

Purchase Details

Closed on
May 6, 2011
Sold by
Burrough J Bryan and Burrough Marla J
Bought by
Paris Giacomo Antonio Francesco and Aulicino Giovannina Carla Paris

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
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Burrough J Bryan and Burrough Marla J
Bought by
Burrough J Bryan and Burrough Marla J

Purchase Details

Closed on
Jan 24, 2001
Sold by
Eichler David J and Eichler Karen L
Bought by
Burrough Bryan and Burrough Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 1995
Sold by
Donovan William C and Donovan Elizabeth M
Bought by
Eichler David J and Eichler Karen L

Purchase Details

Closed on
Apr 14, 1994
Sold by
Pearci Lawrence
Bought by
Donovan William and Donovan Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.93%
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 Type Sale Price Title Company
Deed $4,500,000 Fidelity National Title
Deed $4,500,000 Fidelity National Title
Quit Claim Deed -- Miner James M
Interfamily Deed Transfer -- None Available
Deed $2,300,000 None Available
Interfamily Deed Transfer -- None Available
Deed $1,750,000 --
Deed $1,235,000 --
Deed $1,100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 No Value Available
Closed $600,000 No Value Available
Open $3,000,000 New Conventional
Closed $3,000,000 New Conventional
Previous Owner $1,200,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $500,000 Unknown
Previous Owner $500,000 Unknown
Previous Owner $650,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $4,500,000 -9.1% $742 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $4,950,000 -- $816 / 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 $61,089 $1,402,400 $564,800 $837,600
2024 $60,682 $1,402,400 $564,800 $837,600
2023 $60,682 $1,402,400 $564,800 $837,600
2022 $60,065 $1,402,400 $564,800 $837,600
2021 $60,542 $1,402,400 $564,800 $837,600
2020 $61,145 $1,402,400 $564,800 $837,600
2019 $61,215 $1,402,400 $564,800 $837,600
2018 $60,822 $1,402,400 $564,800 $837,600
2017 $61,215 $1,402,400 $564,800 $837,600
2016 $60,317 $1,402,400 $564,800 $837,600
2015 $59,139 $1,402,400 $564,800 $837,600
2014 $57,611 $1,402,400 $564,800 $837,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3959820

Garden State MLS

APN: 18-02303-0000-00007