$1,425,000
SOLD NOV 8, 2024

243 Hobart Ave Short Hills, NJ 07078

4 Beds
4 Baths
2,407 Sq Ft
0.26 Acres

Recently Sold

$592 Per Sq Ft

4% Above List Price

36 Days on Market

About This Home

As of November 2024

This home is located at 243 Hobart Ave, Short Hills, NJ 07078 and is currently priced at $1,425,000, approximately $592 per square foot. This property was built in 1941. 243 Hobart Ave is a home located in Essex County with nearby schools including Glenwood Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

Mukta Bhatia

COLDWELL BANKER REALTY Brokerage Phone: 973-376-5200 Listed on: 09/05/2024

COLDWELL BANKER REALTY

Co-Listed By

Deepsikha Chatterjee

COLDWELL BANKER REALTY Brokerage Phone: 973-376-5200

Last Buyer's Agent

Mukta Bhatia

COLDWELL BANKER REALTY Brokerage Phone: 973-376-5200 Listed on: 09/05/2024

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,875

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,875

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Year Built: 1941
  • County Name: Essex
  • I D: 5305527
  • Attribution Contact: 973-376-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 85XIRR .2605AC
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Nov 6, 2024
Sold by
Singh Vijayendra and Tandel Aarti
Bought by
Giorgis Binyam and Derbe Liya
Seller's Agent
Mukta Bhatia
COLDWELL BANKER REALTY
Buyer's Agent
Mukta Bhatia
COLDWELL BANKER REALTY
List Price
$1,369,000
Sold Price
$1,425,000
Premium/Discount to List
$56,000
4.09%
Views
87
Current Estimated Value
$1,526,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,386
Avg. Annual Appreciation
7.27%
Original Mortgage
$925,000
Outstanding Balance
$914,614
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$611,772

Purchase Details

Listed on
Jun 20, 2014
Closed on
Jun 19, 2014
Sold by
Zizza Eupremio
Bought by
Singh Vijayendra and Tandel Aarti
Seller's Agent
JOAN M DAVINO
WEICHERT REALTORS
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%

Purchase Details

Listed on
Jun 20, 2014
Closed on
Jun 13, 2014
Sold by
Zizza Eupremio F and Zizza Eupremio F
Bought by
Tandel Aarti and Singh Vijayendra
Seller's Agent
JOAN M DAVINO
WEICHERT REALTORS
Sold Price
$950,000

Purchase Details

Listed on
May 5, 2013
Closed on
May 1, 2013
Sold by
243 Hobart Avenue Ll
Bought by
Zizza Eupremio F
Seller's Agent
JOAN M DAVINO
WEICHERT REALTORS
Buyer's Agent
JOAN M DAVINO
WEICHERT REALTORS
Sold Price
$885,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Nov 3, 1994
Sold by
Tortoriello William
Bought by
Heckman Julia and Heckman George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
8.9%

Purchase Details

Closed on
May 21, 1991
Sold by
Coati Douglas C
Bought by
Fortariello William
Source: Public Records

Range of Values:

Collateral Analytics

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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 $1,425,000 Allied Title
Deed $1,425,000 Allied Title
Deed $950,000 --
Deed $950,000 --
Deed $950,000 --
Deed $885,000 --
Deed $350,000 --
Deed $279,000 --
Deed $279,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $925,000 New Conventional
Closed $925,000 New Conventional
Previous Owner $203,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2024 11/08/24 Sold $1,425,000 +4.1% $592 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $1,369,000 +44.1% $569 / Sq Ft
06/20/2014 06/20/14 Sold $950,000 +7.3% $395 / Sq Ft View Prior Sale
05/05/2013 05/05/13 Sold $885,000 -- $368 / Sq Ft View Prior Sale
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 $22,875 $1,169,500 $879,500 $290,000
2024 $22,875 $1,169,500 $879,500 $290,000
2022 $22,723 $1,169,500 $879,500 $290,000
2021 $22,665 $1,169,500 $879,500 $290,000
2020 $22,525 $1,169,500 $879,500 $290,000
2019 $22,571 $1,169,500 $879,500 $290,000
2018 $22,244 $1,169,500 $879,500 $290,000
2017 $21,706 $1,169,500 $879,500 $290,000
2016 $17,017 $790,000 $466,600 $323,400
2015 $16,630 $790,000 $466,600 $323,400
2014 $15,926 $790,000 $466,600 $323,400
Source: Public Records

Agents Affiliated with this Home

  • Mukta Bhatia

    Seller's Agent in 2024

    Mukta Bhatia

    COLDWELL BANKER REALTY

    (551) 580-1182

    32 in this area

    100 Total Sales

    Mukta Bhatia
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    Deepsikha Chatterjee

    COLDWELL BANKER REALTY

    (850) 766-4524

    2 in this area

    9 Total Sales

    Deepsikha Chatterjee
    Section Image

  • J

    Seller's Agent in 2014

    JOAN M DAVINO

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3922159

Garden State MLS

APN: 12-02103-0000-00001

New Jersey Essex County Short Hills 07078

243 Hobart Ave, Short Hills, NJ

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