NOT LISTED FOR SALE

383 Hobart Ave Short Hills, NJ 07078

Estimated Value: $1,516,000 - $2,228,000

5 Beds
5 Baths
3,298 Sq Ft
$608/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $1,200,000 $364 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $13,119/month

About This Home

As of January 2015

This home is located at 383 Hobart Ave, Short Hills, NJ 07078 since 30 January 2015 and is currently estimated at $2,005,019, approximately $607 per square foot. This property was built in 1928. 383 Hobart Ave is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Brokerage Phone: 973-376-4545 Listed on: 01/30/2015

Last Buyer's Agent

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Brokerage Phone: 973-376-4545 Listed on: 01/30/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,900

Year Built

  • Built in 1928

Lot Details

  • 0.52 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,900

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • County Name: Essex
  • Street Number Display: 383
  • I D: 4476247
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-376-4545
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 112X203
  • Total Acres: 0.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2015
Closed on
Jan 30, 2015
Sold by
Yau Benny and Yau Daniela
Bought by
Guan Wei and Guo Linxia
Seller's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Buyer's Agent
ARLENE GORMAN GONNELLA
WEICHERT REALTORS
Sold Price
$1,200,000
Current Estimated Value
$2,005,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$805,019
Avg. Annual Appreciation
5.53%
Original Mortgage
$750,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2010
Sold by
Mohyeddin Reza and Donovan Mohyeddin Joan
Bought by
Yau Benny Y and Yau Daniela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1997
Sold by
Kean Peter
Bought by
Mohyeddin Reza and Mohyeddin Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.56%
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 Buyer Sale Price Title Company
Guan Wei $1,200,000 --
Yau Benny Y $1,135,000 None Available
Mohyeddin Reza $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guan Wei $643,500
Closed Guan Wei $750,000
Previous Owner Yau Benny Y $404,000
Previous Owner Yau Benny Y $415,000
Previous Owner Mohyeddin Reza $750,000
Previous Owner Mohyeddin Reza $75,000
Previous Owner Mohyeddin Reza $400,000
Previous Owner Mohyeddin Reza $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $1,200,000 -- $364 / 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
2024 $23,900 $1,221,900 $700,100 $521,800
2022 $23,742 $1,221,900 $700,100 $521,800
2021 $23,680 $1,221,900 $700,100 $521,800
2020 $23,534 $1,221,900 $700,100 $521,800
2019 $23,583 $1,221,900 $700,100 $521,800
2018 $23,241 $1,221,900 $700,100 $521,800
2017 $22,678 $1,221,900 $700,100 $521,800
2016 $18,929 $878,800 $481,500 $397,300
2015 $18,499 $878,800 $481,500 $397,300
2014 $17,717 $878,800 $481,500 $397,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    ARLENE GORMAN GONNELLA

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3168158

Garden State MLS

APN: 12-03508-0000-00004

New Jersey Essex County Short Hills 07078

383 Hobart Ave, Short Hills, NJ

This home is located at 383 Hobart Ave, Short Hills, NJ 07078 since 30 January 2015 and is currently estimated at $2,005,019, approximately $607 per square foot. This property was built in 1928. 383 Hobart Ave is a home located in Essex County with nearby schools including Hartshorn Elementary School, Millburn Middle School, and Millburn High School.

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