$586,000
SOLD AUG 6, 2025

51 Hoffman Ave Lake Hiawatha, NJ 07034

4 Beds
2 Baths
1,278 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$459 Per Sq Ft

7% Above List Price

10 Days on Market

About This Home

As of August 2025

This home is located at 51 Hoffman Ave, Lake Hiawatha, NJ 07034 and is currently priced at $586,000, approximately $458 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

Est. Annual Taxes

  • $6,708

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

Est. Annual Taxes

$6,708

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Morris
  • Street Number Display: 51
  • I D: 5360895
  • Modified: 2025-08-06
  • Number Images: 1
  • 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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.13%
Original Mortgage
$402,065
Outstanding Balance
$399,260
Interest Rate
5.86%
Mortgage Type
New Conventional
Estimated Equity
$170,459

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:

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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 Type Sale Price Title Company
Deed $586,000 Founders Title
Deed $586,000 Founders Title
Deed $331,000 Weichert Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,065 New Conventional
Closed $402,065 New Conventional
Previous Owner $325,004 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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 $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

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Map

Source: Garden State MLS

MLS Number: 3965819

Garden State MLS

APN: 29-00505-0000-00007