NOT LISTED FOR SALE

49 Hobart Ave Summit, NJ 07901

Estimated Value: $2,014,000 - $3,799,000

8 Beds
4.5 Baths
-- Sq Ft
0.61 Acres

Last Sold October 12, 2018

Last sale price $1,725,000

Est. 76% increase in value since last sale

Current estimated payment $19,582/month

12 Days on Market

Highlights

  • Fireplace in Bathroom
  • Deck
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Recreation Room
  • Victorian Architecture

About This Home

As of October 2018

Situated on one of Summits most prestigious streets, this historic 1860 Italianate Victorian has been updated with many modern conveniences while retaining its elegant charm of yesteryear. Total of seven fireplaces. Three in working order in Library, Master Bathroom & Kitchen

Last Agent to Sell the Property

JUDITH WATSON

LOIS SCHNEIDER REALTOR Listed on: 05/30/2018

Last Buyer's Agent

REBECCA MORANO

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,006

Year Built

  • Built in 1860

Lot Details

  • 0.61 Acre Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Additional Parking

Home Design

  • Victorian Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Fireplace in Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • Fireplace in Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front Basement Entry
  • Sump Pump

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Gazebo
  • Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03401-0000-00028-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,006

Year Built

Built in 1860

Lot Details

0

Parking

2

Listing Details

  • Style: Victorian
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • Year Built: 1860
  • Year Built Description: Historical
  • County Name: Union
  • Exclusions: Dining Room Chandelier
  • Street Number Display: 49
  • Directions: Springfield Ave to Hobart Ave.
  • I D: 4806825
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: JUDITH
  • First Name3: REBECCA
  • Last Name: WATSON
  • Last Name3: MORANO
  • Office Phone: 908-277-1398
  • Office Phone3: 908-277-1398
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Parquet, Wood
  • Fireplace Description: Bathroom, Gas Fireplace, Kitchen, Family Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Cedar Closets, Drapes, TubShowr, StallShw, Walk-In Closet, Security System, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 15
  • Bedrooms: 8
  • Master Bedroom Desc: Fireplace, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: 1 Bedroom, Laundry Room, Walkout, Outside Entrance, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 15x14
  • Kitchen Level: First
  • Living Room Dim: 26x14
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 12x11
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 13x13
  • Other Room2 Level: Third
  • Other Room 3: Bedroom
  • Other Room3 Dim: 25x19
  • Other Room3 Level: Third
  • Other Room 4: Rec Room
  • Other Room4 Dim: 23x81
  • Other Room4 Level: Basement
  • Level 1 Rooms: Living Room, Dining Room, Entrance Vestibule, Porch, Powder Room, Sunroom, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 3 Bedrooms, Bath(s) Other
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Underground Lawn Sprinkler, Storm Door(s), Storm Window(s), Curbs, Gazebo, Open Porch(es), Deck, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Circular

Utilities

  • Cooling: 1 Unit, Multi-Zone Cooling, Central Air, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 132X200
  • Assessed Improvement Value: 328700
  • Assessed Land Value: 267100
  • Assessment: 595800
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 28
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.61
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 26006
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03401-0000-00028-0000-
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Oct 3, 2018
Sold by
Hayes Pamela C
Bought by
Callahan Mark and Callahan Carrie
Seller's Agent
JUDITH WATSON
LOIS SCHNEIDER REALTOR
Buyer's Agent
REBECCA MORANO
PROMINENT PROPERTIES SIR
List Price
$1,795,000
Sold Price
$1,725,000
Premium/Discount to List
-$70,000
-3.9%
Current Estimated Value
$3,040,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,315,805
Avg. Annual Appreciation
8.49%
Original Mortgage
$1,378,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 30, 2013
Sold by
Hayes William P and Hayes Pamela C
Bought by
Hayes Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 21, 1995
Sold by
Garden Nikki Mazer
Bought by
Hayes William P and Hayes Pamela C
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
Callahan Mark $1,722,500 Westcor Land Title Ins Co
Hayes Pamela C -- None Available
Hayes William P $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Mark $1,378,000
Previous Owner Hayes Pamela C $241,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $1,725,000 -3.9% --
06/11/2018 06/11/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $1,795,000 -- --
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 $42,292 $970,900 $267,100 $703,800
2024 $42,011 $970,900 $267,100 $703,800
2023 $42,011 $970,900 $267,100 $703,800
2022 $41,584 $970,900 $267,100 $703,800
2021 $41,914 $970,900 $267,100 $703,800
2020 $25,977 $595,800 $267,100 $328,700
2019 $26,007 $595,800 $267,100 $328,700
2018 $25,840 $595,800 $267,100 $328,700
2017 $26,007 $595,800 $267,100 $328,700
2016 $25,625 $595,800 $267,100 $328,700
2015 $25,125 $595,800 $267,100 $328,700
2014 $24,475 $595,800 $267,100 $328,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    JUDITH WATSON

    LOIS SCHNEIDER REALTOR

  • R

    Buyer's Agent in 2018

    REBECCA MORANO

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3474623

Garden State MLS

APN: 18-03401-0000-00028

New Jersey Union County Summit 07901

49 Hobart Ave, Summit, NJ

This home is located at 49 Hobart Ave, Summit, NJ 07901 since 30 May 2018 and is currently estimated at $3,040,805. This property was built in 1860. 49 Hobart Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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