NOT LISTED FOR SALE

340 Hobart Ave Absecon, NJ 08201

Absecon Area

Estimated Value: $390,655

3 Beds
2 Baths
1,640 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2023

Last sale price $280,000 $171 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,628 / mo

15 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Outdoor Storage
  • Porch
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

This home is located at 340 Hobart Ave, Absecon, NJ 08201 since 16 October 2023 and is currently estimated at $390,655, approximately $238 per square foot. This property was built in 1955. 340 Hobart Ave is a home located in Atlantic County with nearby schools including H. Ashton Marsh Elementary School, Emma C. Attales Middle School, and Assumption Regional Catholic School.

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 10/16/2023

COASTAL ELITE REALTY

Last Buyer's Agent

Non-Member Non-Member

Non Member

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,258

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 60x150

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Dining Area
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 75

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,258

Year Built

Built in 1955

Lot Details

1.38 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 17-Out Of County
  • Estimated Year Built: 1955
  • New Construction: No
  • Lot Size2: 60X150
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Included: Oven, Dishwasher
  • Interior Amenities: Wood Flooring, Fireplace- Wood, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 7
  • Basement: Full, Finished, Plumbing
  • Estimated Living Sq Ft: 1640
  • Other Rooms: Living Room, Kitchen, Dining Area, Storage Attic

Exterior Features

  • Construction: Split Level
  • Exterior: Vinyl
  • Outside Features: Porch, Storage Building

Garage/Parking

  • Parking Garage: Garage, 1 Car, Attached

Utilities

  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: Public

Lot Info

  • Lot Number: 7
  • Lot Size: 6001-10000 SqFt

Tax Info

  • Taxes: 6258.26
  • Tax Year: 2022

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
Oct 16, 2023
Closed on
Nov 21, 2023
Sold by
Mfra Trust
Bought by
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Views
78
Current Estimated Value
$390,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,655
Avg. Annual Appreciation
12.68%
Original Mortgage
$238,000
Outstanding Balance
$231,890
Interest Rate
7.79%
Mortgage Type
Construction
Estimated Equity
$158,765

Purchase Details

Closed on
Jan 10, 2023
Sold by
Sheriff Of The County Of Atlantic
Bought by
Mfra Trust and New Century Financial Services

Purchase Details

Closed on
Jun 22, 2005
Sold by
Hemberger Lawrence W and Hemberger Robert
Bought by
Mcconnell Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 1999
Sold by
Hemberger Elizabeth S
Bought by
Hemberger Robert and Hemberger Lawrence W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Absecon, NJ

  • Jessianne Allen Real Estate Agent - Sackman Realty

    Jessianne Allen

    Sackman Realty

    (848) 281-0542

    116 Total Sales

    2 in Absecon

    $344,000 Price Range

    Jessianne Allen
     Section Image
  • Taylor Phy Real Estate Agent - COLLINI REAL ESTATE, LLC

    Taylor Phy

    COLLINI REAL ESTATE, LLC

    (609) 912-3461

    100 Total Sales

    1 in Absecon

    $380,000 Price

    Taylor Phy
     Section Image
  • Charles Miltenberger Real Estate Agent - Vylla Home

    Charles Miltenberger

    Vylla Home

    (640) 900-6384

    68 Total Sales

    2 in Absecon

    $289K - $325K Price Range

    Charles Miltenberger
     Section Image
  • Janeen Albertson Real Estate Agent - Weichert Realtors - Moorestown

    Janeen Albertson

    Responds Quickly

    Weichert Realtors - Moorestown

    (856) 281-3682

    50 Total Sales

    1 in Absecon

    $390,000 Price

    Janeen Albertson
     Section Image
  • Jeannine Wescoat Real Estate Agent - ZONA REAL ESTATE, INC

    Jeannine Wescoat

    ZONA REAL ESTATE, INC

    (609) 908-4972

    111 Total Sales

    51 in Absecon

    $140K - $526K Price Range

    Jeannine Wescoat
     Section Image
  • Jill Leap Real Estate Agent - Balsley-Losco Realtors

    Jill Leap

    Balsley-Losco Realtors

    (609) 798-7218

    87 Total Sales

    2 in Absecon

    $119,000 Price Range

    Jill Leap
     Section Image
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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
$280,000 Lloyds & Handson Title
Mfra Trust $257,044 None Listed On Document
Mcconnell Deborah $240,000 Commonwealth Land Title Insu
Hemberger Robert -- --
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
Open $238,000
Previous Owner Mcconnell Deborah $192,000
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
11/30/2023 11/30/23 Sold $280,000 -6.6% $171 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $299,900 -- $183 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $6,658 $189,300 $81,400 $107,900
2025 $6,334 $189,300 $81,400 $107,900
2024 $6,334 $189,300 $81,400 $107,900
2023 $6,258 $189,300 $81,400 $107,900
2022 $6,258 $189,300 $81,400 $107,900
2021 $6,239 $189,300 $81,400 $107,900
2020 $6,251 $189,300 $81,400 $107,900
2019 $6,205 $189,300 $81,400 $107,900
2018 $6,232 $189,300 $81,400 $107,900
2017 $6,186 $189,300 $81,400 $107,900
2016 $6,012 $189,300 $81,400 $107,900
2015 $5,935 $189,300 $81,400 $107,900
2014 $5,853 $189,300 $81,400 $107,900
Source: Public Records

Agents Affiliated with this Home

  • EA

    Seller's Agent in 2023

    Edward Augsberger

    COASTAL ELITE REALTY

    (609) 338-1189

    98 Total Sales

    Edward Augsberger
    Section Image

  • NN

    Buyer's Agent in 2023

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 232811

Cape May County Association of REALTORS®

APN: 01-00075-0000-00007

New Jersey Atlantic County Absecon 08201

340 Hobart Ave, Absecon, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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