NOT LISTED FOR SALE

51 Hoffman Ave Lake Hiawatha, NJ 07034

Estimated Value: $544,686 - $594,000

4 Beds
2 Baths
1,278 Sq Ft
$446/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2025

Last sale price $586,000 $459 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,604 / mo

10 Days on Market

About This Home

As of August 2025

This home is located at 51 Hoffman Ave, Lake Hiawatha, NJ 07034 since 28 May 2025 and is currently estimated at $570,422, approximately $446 per square foot. This property was built in 1960. 51 Hoffman Ave is a home located in Morris County with nearby schools including Knollwood School, Central Middle School, and Parsippany High School.

Last Agent to Sell the Property

ROBERTA BUTERA

BHHS HORIZON REALTY Brokerage Phone: 973-627-2270 Listed on: 05/28/2025

Last Buyer's Agent

Pat Novak

BHHS HORIZON REALTY

BHHS HORIZON REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 3,920 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Year Built: 1960
  • County Name: Morris
  • I D: 5360895
  • Attribution Contact: 973-627-2270
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.10

Lot Info

  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Jul 25, 2025
Sold by
Brelvi Jeff and Brelvi Sabrina
Bought by
Gajavalli Rama Sudhakar and Gajavalli Vasanthi
Seller's Agent
ROBERTA BUTERA
BHHS HORIZON REALTY
Buyer's Agent
Pat Novak
BHHS HORIZON REALTY
List Price
$549,000
Sold Price
$586,000
Premium/Discount to List
$37,000
6.74%
Views
76
Current Estimated Value
$570,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,578
Avg. Annual Appreciation
-3.48%
Original Mortgage
$402,065
Outstanding Balance
$395,001
Interest Rate
5.86%
Mortgage Type
New Conventional
Estimated Equity
$175,421

Purchase Details

Listed on
Jan 16, 2019
Closed on
Mar 12, 2019
Sold by
Zeffiro Leonard and Zeffiro Rosalie
Bought by
Brelvi Jeff and Brelvi Sabrina
Seller's Agent
BOB WILHALME
WEICHERT REALTORS
Buyer's Agent
MICHAEL CERES
WEICHERT REALTORS
List Price
$329,900
Sold Price
$331,000
Premium/Discount to List
$1,100
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$325,004
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Gajavalli Rama Sudhakar $586,000 Founders Title
Gajavalli Rama Sudhakar $586,000 Founders Title
Brelvi Jeff $331,000 Weichert Title Agency
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 Gajavalli Rama Sudhakar $402,065
Closed Gajavalli Rama Sudhakar $402,065
Previous Owner Brelvi Jeff $325,004
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2025 08/06/25 Sold $586,000 +6.7% $459 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $549,000 +65.9% $430 / Sq Ft
03/15/2019 03/15/19 Sold $331,000 +0.3% $259 / Sq Ft View Prior Sale
01/31/2019 01/31/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $329,900 -- $258 / Sq Ft
Source: Garden State MLS

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 $6,708 $194,600 $108,000 $86,600
2024 $6,581 $194,600 $108,000 $86,600
2023 $6,581 $194,600 $108,000 $86,600
2022 $6,157 $194,600 $108,000 $86,600
2021 $6,157 $194,600 $108,000 $86,600
2020 $6,027 $194,600 $108,000 $86,600
2019 $5,865 $194,600 $108,000 $86,600
2018 $5,737 $194,600 $108,000 $86,600
2017 $5,645 $194,600 $108,000 $86,600
2016 $5,509 $194,600 $108,000 $86,600
2015 $5,123 $194,600 $108,000 $86,600
2014 $5,051 $194,600 $108,000 $86,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    ROBERTA BUTERA

    BHHS HORIZON REALTY

  • Pat Novak

    Buyer's Agent in 2025

    Pat Novak

    BHHS HORIZON REALTY

    (201) 919-0212

    7 in this area

    35 Total Sales

    Pat Novak
    Section Image

  • B

    Seller's Agent in 2019

    BOB WILHALME

    WEICHERT REALTORS

  • M

    Buyer's Agent in 2019

    MICHAEL CERES

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3965819

Garden State MLS

APN: 29-00505-0000-00007

New Jersey Morris County Lake Hiawatha 07034

51 Hoffman Ave, Lake Hiawatha, NJ

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