NOT LISTED FOR SALE

344 Hoffman Ave New Milford, NJ 07646

Estimated Value: $644,000 - $791,000

4 Beds
2 Baths
-- Sq Ft
8,231 Sq Ft Lot

Last Sold April 21, 2023

Last sale price $615,000

Est. 16% increase in value since last sale

Current estimated payment $4,921/month

12 Days on Market

Highlights

  • Corner Lot
  • New Milford High School Rated A-
  • Central Air

About This Home

As of April 2023

Sunny and spacious cape impeccably maintained by the same owners for 50+ years on quiet block in desirable town of New Milford. Fully renovated in 2008, this 1700+sf home features beautiful hardwood floors throughout the first floor, multi-zone baseboard heating and central AC, recessed lighting, updated bathrooms and kitchen with granite countertops & SS appliances and a dining room with SGD to large deck and generously sized backyard. 4 large BRs, all with double closets, one with a huge walk-in closet on second floor. Full bathrooms on each floor. Finished basement with rec room, large pantry, office and laundry. Truly move-in ready. Conveniently located near great restaurants, supermarkets, parks and just 2 blocks from K-5 ES and NYC bus less than half mile away. Schedule your showing today!

Last Agent to Sell the Property

Miriam Yu

Coldwell Banker, Alpine/Closter Listed on: 02/22/2023

Coldwell Banker, Alpine/Closter

Last Buyer's Agent

Paula Clark

Keller Williams Valley Realty

Keller Williams Valley Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,032

Lot Details

  • 8,231 Sq Ft Lot
  • 100 Ft Wide Lot
  • Corner Lot
  • Irregular Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Berkley Street Elementary School
  • David E. Owens Elementary Middle School
  • New Milford High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00011 / 00815

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,032

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot, Irregular Lot
  • View Type:Pond View: None
  • Co List Office Phone: 201-767-0550
  • Outside Inclusions: Refrigerator, Dishwasher, Gas Stove, Washer, Dryer (all as-is)
  • MLS Status: Sold - Sold
  • Directions: boulevard or graphic to hoffman
  • Reso Fireplace Features: None
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: No
  • Basement Remarks: Fin Rec Room, Laundry

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Hot Water, Zoned

Schools

  • Elementary School: Berkley Street E.S.
  • High School: New Milford H.S.
  • Middle Or Junior School: David E. Owens E.S.
  • Elementary: Berkley Street E.S.

Lot Info

  • Lot Dimensions: 100xIRR
  • Lot Size Sq Ft: 8231.0

Tax Info

  • Tax Annual Amount: 11032.0
  • Tax Block: 00815
  • Tax Lot: 00011

MLS Schools

  • High School Text: New Milford H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 12, 2023
Sold by
Kim Yong Ju and Lk Ja
Bought by
Formoso Victoria Maria and Formoso Thomas C
Seller's Agent
Miriam Yu
Coldwell Banker, Alpine/Closter
Buyer's Agent
Paula Clark
Keller Williams Valley Realty
List Price
$549,000
Sold Price
$615,000
Premium/Discount to List
$66,000
12.02%
Views
152
Current Estimated Value
$716,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,392
Avg. Annual Appreciation
7.29%
Original Mortgage
$553,500
Outstanding Balance
$540,947
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$184,101

Purchase Details

Closed on
Jan 25, 2023
Sold by
Kim Yohan John
Bought by
Kim Yong Ju and Kim Ik Ja

Purchase Details

Closed on
Apr 30, 2018
Sold by
Kim Young J and Kim Ik J
Bought by
Kim Yohan J and Lee-Kim Kris M
Source: Public Records

Range of Values:

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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
Formoso Victoria Maria $615,000 Wfg National Title
Kim Yong Ju -- --
Kim Yohan J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Formoso Victoria Maria $553,500
Previous Owner Kim Yong Ju $9,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $615,000 +12.0% --
03/06/2023 03/06/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $549,000 -- --
Source: New Jersey 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 $12,202 $616,400 $410,300 $206,100
2024 $11,839 $302,400 $168,500 $133,900
2023 $11,258 $302,400 $168,500 $133,900
2022 $11,258 $302,400 $168,500 $133,900
2021 $11,032 $302,400 $168,500 $133,900
2020 $10,902 $302,400 $168,500 $133,900
2019 $10,714 $302,400 $168,500 $133,900
2018 $10,433 $302,400 $168,500 $133,900
2017 $10,221 $302,400 $168,500 $133,900
2016 $10,046 $302,400 $168,500 $133,900
2015 $9,843 $302,400 $168,500 $133,900
2014 $9,550 $302,400 $168,500 $133,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23005091

New Jersey MLS

APN: 38-00815-0000-00011