NOT LISTED FOR SALE

18 Hobart Ave Summit, NJ 07901

Estimated Value: $2,435,000 - $2,923,000

5 Beds
4.5 Baths
3,195 Sq Ft
$833/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $1,950,000 $610 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $17,040/month

37 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Recreation Room
  • L C Johnson Summit Middle School Rated A+
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of August 2020

Once in a lifetime opportunity to own an utterly stunning piece of Summit history! Owned and built by Summit's first mayor George Vreeland, the prestigious "Vreeland House" amazes at every turn! Architectural magnificence, gorg period details & high-end designer finishes abound-astounding 5 BD, 4½ Bath Col Revival in prime "in town" loc. Incredible Gour Kitch (NEW 2018) feat. in 'designNJ' magazine w/every modern convenience-separate Butler's Pantry/Coffee Bar, quartz countertops, Thermador appliances, on trend brushed gold hardware & huge island! Breathtaking Liv Rm w/orig fp, original chandelier, coffered ceiling & period moldings. Elegant DR w/original chandelier. Stunning Home Office w/original details!The BEST Mud Rm/Laun Rm. 2nd lvl w 4 beds! W/o LL, 3rd lvl Suite - absolutely incredible!

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 05/06/2020

Last Buyer's Agent

Kim Cannon

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,647

Year Built

  • Built in 1904 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Privacy Fence

Parking

  • 2 Car Detached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • Beamed Ceilings
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Front Basement Entry
  • Sump Pump

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02612-0000-00015-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,647

Year Built

Built in 1904 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1904
  • Year Built Description: Approximate, Renovated
  • County Name: Union
  • Exclusions: See Addendum attached to the Sellers Disclosure
  • Directions: Summit Avenue to Hobart Avenue
  • I D: 4979495
  • First Name: SUSAN
  • First Name3: KIM
  • Last Name: ADLER
  • Last Name3: CANNON
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Library, Living Room
  • Number of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Cedar Closets, High Ceilings, Security System, Smoke Detector, StairLft, TubShowr, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Leisure, Rec Room, Utility Room, Walkout, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Separate Dining Area
  • Kitchen Dim: 13x19
  • Kitchen Level: First
  • Living Room Dim: 24x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 18x14
  • Other Room1 Level: Third
  • Other Room 2: Screened Patio/Porch
  • Other Room2 Dim: 9x16
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 18x12
  • Other Room3 Level: Basement
  • Other Room 4: MudRoom
  • Other Room4 Dim: 10x14
  • Other Room4 Level: First
  • Other Level Rooms: Loft
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Family Room, Foyer, Kitchen, Living Room, Office, Pantry, Porch, Screened
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, SittngRm
  • Level 3 Rooms: 1 Bedroom, Attic, Bath(s) Other, Storage Room
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Stone, Stucco, Wood
  • Exterior Features: Enclosed Porch(es), Open Porch(es), Patio, Privacy Fence, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 70X197
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.32

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 28647
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02612-0000-00015-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Aug 3, 2020
Sold by
Isaacs Darren Marc and Isaacs Heather Maria
Bought by
Gerstner Leah M and Gerstner Gregory P
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
List Price
$2,050,000
Sold Price
$1,950,000
Premium/Discount to List
-$100,000
-4.88%
Current Estimated Value
$2,660,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,366
Avg. Annual Appreciation
5.83%
Original Mortgage
$1,450,000
Outstanding Balance
$1,288,627
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,371,739

Purchase Details

Listed on
Jan 30, 2017
Closed on
May 22, 2017
Sold by
Reiter Marc and Reiter Abigail M
Bought by
Isaacs Darren Marc and Isaacs Hetaher Maria
Seller's Agent
DIANE TERRY
KELLER WILLIAMS REALTY
Buyer's Agent
Debbie Woerner
COLDWELL BANKER REALTY
List Price
$2,150,000
Sold Price
$2,050,000
Premium/Discount to List
-$100,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.55%
Original Mortgage
$1,290,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2001
Sold by
Hardy John R and Hardy Glenys T
Bought by
Reiter Marc and Reiter Abigail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.05%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerstner Leah M $1,950,000 Acres Land Title Agency Inc
Isaacs Darren Marc $2,050,000 Nrt Title Agency Llc
Reiter Marc $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerstner Leah M $1,450,000
Previous Owner Isaacs Darren Marc $1,290,000
Previous Owner Reiter Marc $200,000
Previous Owner Reiter Marc $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2020 08/04/20 Sold $1,950,000 -0.8% $610 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/06/2020 06/06/20 Price Changed $1,965,000 -4.1% $615 / Sq Ft
05/06/2020 05/06/20 For Sale $2,050,000 0.0% $642 / Sq Ft
05/22/2017 05/22/17 Sold $2,050,000 -4.7% $642 / Sq Ft View Prior Sale
03/15/2017 03/15/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $2,150,000 -- $673 / Sq Ft
Source: Garden State MLS

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 $35,066 $805,000 $223,400 $581,600
2024 $34,326 $805,000 $223,400 $581,600
2023 $34,326 $793,300 $223,400 $569,900
2022 $33,977 $793,300 $223,400 $569,900
2021 $34,247 $793,300 $223,400 $569,900
2020 $34,588 $793,300 $223,400 $569,900
2019 $28,648 $656,300 $223,400 $432,900
2018 $28,464 $656,300 $223,400 $432,900
2017 $28,648 $656,300 $223,400 $432,900
2016 $28,227 $656,300 $223,400 $432,900
2015 $27,676 $656,300 $223,400 $432,900
2014 $26,961 $656,300 $223,400 $432,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3631036

Garden State MLS

APN: 18-02612-0000-00015