NOT LISTED FOR SALE

24 Hobart Ave Summit, NJ 07901

Summit Area

Estimated Value: $2,008,000 - $3,284,131

5 Beds
4 Baths
2,819 Sq Ft
$963/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2023

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

Est. 7% increase in value since last sale

Current estimated payment $17,446 / mo

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 $2,715,283, approximately $963 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

  • 12,197 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1883

Lot Details

0.28 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 16, 2023
Sold by
Bought by
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
$2,715,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,283
Avg. Annual Appreciation
2.26%

Purchase Details

Closed on
Nov 17, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 1999
Sold by
Bought by

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
0.0625%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,530,000 Hilltop Title
$1,025,025 --
$822,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,080,000
Previous Owner $550,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $32,343 $723,400 $216,600 $506,800
2025 $32,343 $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

    44 Total Sales

    Janet Hoven
    Section Image
  • Susan Oldendorp

    Seller's Agent in 2016

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    510 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

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