NOT LISTED FOR SALE

375 Hobart Ave Short Hills, NJ 07078

Estimated Value: $2,923,844 - $3,036,000

6 Beds
6 Baths
3,074 Sq Ft
$966/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $1,725,000 $561 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $18,736/month

27 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Corner Lot
  • Glenwood Elementary School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of November 2019

Recently modernized to perfection, this classic Old Short Hills home will impress both inside and out. The park-like property of nearly one full acre is lush, private and a rare find while the stately home exudes old world craftsmanship yet was just completely freshened with new paint and refinished floors from top to bottom. With a "wow" factor as soon as the front door opens, the floor plan couldn't be more ideal for today's modern lifestyle. High ceilings and intrinsic character combined with newer thermal windows, roof, plumbing, electrical, generator, A/C and exterior landscaping with outdoor kitchen add to the appeal. The heart of the home is the large, upscale gourmet kitchen with white custom inset cabinetry and professional appliances, making every day feel special. A remarkable turn-key opportunity.

Last Agent to Sell the Property

Anthony Verducci Jr.

SERHANT NEW JERSEY LLC Listed on: 09/04/2019

SERHANT NEW JERSEY LLC

Last Buyer's Agent

CARLY KENNEDY

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,002

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 0.92 Acre Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Paver Block
  • Additional Parking

Home Design

  • Colonial Architecture
  • Clapboard
  • Tile

Interior Spaces

  • Sound System
  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Glenwood Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1612-03302-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,002

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1924
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Exclusions: See Listing Agent
  • Renovated Year: 2019
  • Street Number Display: 375
  • Directions: Hobart Avenue and White Oak Ridge Road.
  • I D: 4926781
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: OLD SHORT HILLS
  • First Name: ANTHONY J
  • First Name3: CARLY
  • Last Name: VERDUCCI JR
  • Last Name3: KENNEDY
  • Office Phone3: 908-273-0400
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Generator-Built-In, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Water Softener-Own, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Cedar Closets, Walk-In Closet, Security System, Carbon Monoxide Detector, High Ceilings, Stereo System, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Laundry Room, Utility Room, Storage Room, Exercise Room, Powder Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 30x21
  • Kitchen Level: First
  • Living Room Dim: 31x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 19x13
  • Other Room1 Level: Third
  • Other Room 2: Bedroom
  • Other Room2 Dim: 13x13
  • Other Room2 Level: Third
  • Other Room 3: Rec Room
  • Other Room3 Dim: 19x16
  • Other Room3 Level: Basement
  • Other Room 4: Exercise Room
  • Other Room4 Dim: 16x11
  • Other Room4 Level: Basement
  • Level 1 Rooms: Foyer, Office, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms, Storage Room, Bath(s) Other
  • Phone: 973-376-8188

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Barbeque, Underground Lawn Sprinkler, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 10
  • Parking Driveway Description: 2 Car Width, Additional Parking, Paver Block

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Schools

  • Elementary School: GLENWOOD
  • Middle School: MILLBURN
  • High School: MILLBURN
  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 200X200
  • Assessed Improvement Value: 842500
  • Assessed Land Value: 997800
  • Assessment: 1840300
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 35002
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-03302-0000-00007-0000-
  • Tax Rate Amount: 1.902
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: GLENWOOD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 7, 2019
Sold by
Menahem Caren and Abir Farshad
Bought by
Beasley Jessica L and Beasley Robert W
Seller's Agent
Anthony Verducci Jr.
SERHANT NEW JERSEY LLC
Buyer's Agent
CARLY KENNEDY
WEICHERT REALTORS
List Price
$1,775,000
Sold Price
$1,725,000
Premium/Discount to List
-$50,000
-2.82%
Current Estimated Value
$2,967,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,242,948
Avg. Annual Appreciation
9.65%
Original Mortgage
$1,380,000
Outstanding Balance
$1,186,619
Interest Rate
2.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,781,635

Purchase Details

Listed on
May 10, 2016
Closed on
Sep 28, 2016
Sold by
Barr Matthew and Barr Penina
Bought by
Menahem Caren
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
List Price
$2,095,000
Sold Price
$1,830,000
Premium/Discount to List
-$265,000
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.88%
Original Mortgage
$1,464,000
Interest Rate
3.42%

Purchase Details

Closed on
Jun 7, 2005
Sold by
Albrecht John
Bought by
Barr Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,900
Interest Rate
5.66%

Purchase Details

Closed on
May 11, 2004
Sold by
Gaglione Dennis
Bought by
Albrecht John and Suszko Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.47%
Source: Public Records

Range of Values:

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Average Value
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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
Beasley Jessica L $1,725,000 First American Title
Menahem Caren $1,830,000 Acres Land Title Agency
Barr Matthew $1,600,000 --
Albrecht John $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beasley Jessica L $1,380,000
Previous Owner Barr Matthew $999,900
Previous Owner Albrecht John $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $1,725,000 -2.8% $561 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $1,775,000 -3.0% $577 / Sq Ft
09/30/2016 09/30/16 Sold $1,830,000 -12.6% $324 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $2,095,000 -- $371 / 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 $35,996 $1,840,300 $997,800 $842,500
2024 $35,996 $1,840,300 $997,800 $842,500
2022 $35,757 $1,840,300 $997,800 $842,500
2021 $35,665 $1,840,300 $997,800 $842,500
2020 $35,444 $1,840,300 $997,800 $842,500
2019 $35,518 $1,840,300 $997,800 $842,500
2018 $35,003 $1,840,300 $997,800 $842,500
2017 $34,156 $1,840,300 $997,800 $842,500
2016 $31,209 $1,448,900 $653,200 $795,700
2015 $30,499 $1,448,900 $653,200 $795,700
2014 $29,210 $1,442,700 $653,200 $789,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3584727

Garden State MLS

APN: 12-03302-0000-00007