NOT LISTED FOR SALE

24 Hobart Ave Summit, NJ 07901

Estimated Value: $2,093,000 - $2,975,343

5 Beds
4 Baths
2,819 Sq Ft
$906/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $2,530,000 $897 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $15,979/month

8 Days on Market

About This Home

As of May 2023

This home is located at 24 Hobart Ave, Summit, NJ 07901 since 08 March 2023 and is currently estimated at $2,553,586, approximately $905 per square foot. This property was built in 1883. 24 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

JUDITH WATSON

LOIS SCHNEIDER REALTOR Brokerage Phone: 908-277-1398 Listed on: 03/08/2023

Last Buyer's Agent

Janet Hoven

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1883

Lot Details

  • 0.28 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Year Built: 1883
  • County Name: Union
  • I D: 5205493
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.30

Lot Info

  • Lot Size: 70X176
  • Total Acres: 0.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 16, 2023
Sold by
Zoubek Damien R
Bought by
Palm Katherine
Seller's Agent
JUDITH WATSON
LOIS SCHNEIDER REALTOR
Buyer's Agent
Janet Hoven
TURPIN REAL ESTATE, INC.
List Price
$2,299,000
Sold Price
$2,530,000
Premium/Discount to List
$231,000
10.05%
Views
35
Current Estimated Value
$2,553,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,586
Avg. Annual Appreciation
0.35%

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jun 2, 2016
Sold by
Matthew W Hayford
Bought by
Zoubek Damien
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
JUDITH WATSON
LOIS SCHNEIDER REALTOR
List Price
$1,269,000
Sold Price
$1,325,000
Premium/Discount to List
$56,000
4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$1,080,000
Interest Rate
3.66%

Purchase Details

Closed on
Nov 17, 2003
Sold by
Prat Roderic
Bought by
Hayford Matthew and Hayford Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Interest Rate
5.88%

Purchase Details

Closed on
Jun 30, 1999
Sold by
Gartside Robert J and Gartside Meryl Miller
Bought by
Prat Roderic Leonard and Prat Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palm Katherine $2,530,000 Hilltop Title
Palm Katherine $2,530,000 Hilltop Title
Zoubek Damien -- --
Hayford Matthew $1,025,025 --
Prat Roderic Leonard $822,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zoubek Damien $1,080,000
Previous Owner Zoubek Damien --
Previous Owner Hayford Matthew $808,000
Previous Owner Prat Roderic Leonard $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2023 05/17/23 Sold $2,530,000 +10.0% $897 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $2,299,000 +73.5% $816 / Sq Ft
05/26/2016 05/26/16 Sold $1,325,000 +4.4% $470 / Sq Ft View Prior Sale
04/12/2016 04/12/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $1,269,000 -- $450 / 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 $31,511 $723,400 $216,600 $506,800
2024 $31,302 $723,400 $216,600 $506,800
2023 $31,302 $723,400 $216,600 $506,800
2022 $30,983 $723,400 $216,600 $506,800
2021 $31,229 $723,400 $216,600 $506,800
2020 $31,540 $723,400 $216,600 $506,800
2019 $31,576 $723,400 $216,600 $506,800
2018 $25,467 $587,200 $216,600 $370,600
2017 $25,631 $587,200 $216,600 $370,600
2016 $25,255 $587,200 $216,600 $370,600
2015 $24,762 $587,200 $216,600 $370,600
2014 $24,122 $587,200 $216,600 $370,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JUDITH WATSON

    LOIS SCHNEIDER REALTOR

  • Janet Hoven

    Buyer's Agent in 2023

    Janet Hoven

    TURPIN REAL ESTATE, INC.

    (201) 602-7517

    1 in this area

    45 Total Sales

    Janet Hoven
    Section Image
  • Susan Oldendorp

    Seller's Agent in 2016

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    49 in this area

    518 Total Sales

    Susan Oldendorp
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3832045

Garden State MLS

APN: 18-02612-0000-00014

New Jersey Union County Summit 07901

24 Hobart Ave, Summit, NJ

Not Listed for Sale

Detached

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