NOT LISTED FOR SALE

53 Hobart Ave Summit, NJ 07901

Estimated Value: $2,754,000 - $3,495,000

6 Beds
6 Baths
3,727 Sq Ft
$824/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $2,305,000 $618 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $19,206/month

9 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • L C Johnson Summit Middle School Rated A+
  • Victorian Architecture
  • High Ceiling

About This Home

As of January 2021

A home impeccably renovated to the highest level, this stunning Northside true beauty perfectly blends modern amenities, restored architectural original details & offers a prime in-town location. No detail overlooked inside & out, every inch is perfect! Ticking all the boxes: rocking chair porch, true Victorian port cochere over brick & stone driveway, professionally designed, privately property with exceptional landscaping/fencing/hardscape. Sophisticated decor & layout accommodating all levels of entertaining & day-to-day living. High-end custom kitchen, all bathrooms updated, flexible bedroom space-5/6BRs & home offices, 2 ldrys, Mud Rm, Exer Rm, SUV suitable 2-car gar plus 'weekend' car pkg spot. True walk-to-everything Northside location. A Summit home admired by many & totally move-in ready!

Last Agent to Sell the Property

Kim Cannon

PROMINENT PROPERTIES SIR Listed on: 10/08/2020

Last Buyer's Agent

ELIZABETH WINTERBOTTOM

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,654

Year Built

  • Built in 1893

Lot Details

  • 0.46 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Attached Carport
  • Private Driveway

Home Design

  • Victorian Architecture
  • Wood Shingle Roof
  • Wood Siding
  • Tile

Interior Spaces

  • Sound System
  • Beamed Ceilings
  • High Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02611-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,654

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Style: Victorian
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • Year Built: 1893
  • Year Built Description: Approximate
  • County Name: Union
  • Renovated Year: 2008
  • Street Number Display: 53
  • Directions: Springfield Ave to Hobart Ave
  • I D: 4925998
  • Modified: 2022-01-06
  • Number Images: 25
  • Section Subdiv Development: Northside
  • First Name: KIM
  • First Name3: ELIZABETH
  • Last Name: CANNON
  • Last Name3: WINTERBOTTOM
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, OvnWElec, Washer
  • Interior Amenities: Beam Ceilings, Blinds, Carbon Monoxide Detector, Fire Alarm Sys, High Ceilings, Shades, Smoke Detector, Stereo System, Walk-In Closet
  • Number Rooms: 11
  • 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
  • Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: Exercise Room, Family Room, Laundry Room, MudRoom, Powder Room, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen
  • Kitchen Dim: 24x16
  • Kitchen Level: First
  • Living Room Dim: 32x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 18x14
  • Other Room1 Level: Third
  • Other Room 2: Bedroom/Office
  • Other Room2 Dim: 15x12
  • Other Room2 Level: Third
  • Other Room 3: FamilyRm
  • Other Room3 Dim: 22x14
  • Other Room3 Level: Basement
  • Other Room 4: Exercise Room
  • Other Room4 Dim: 15x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, Pantry, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Office, Storage Room
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Wood, Wood Shingle
  • Exterior Features: Deck, Open Porch(es), Privacy Fence, Sidewalk, Thermal Windows/Doors, Underground Lawn Sprinkler, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Carport-Attached, Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: 3 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, 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: 100X200
  • Assessed Improvement Value: 481000
  • Assessed Land Value: 244200
  • Assessment: 725200
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.46
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31654
  • Assessor Parcel Number: 2918-02611-0000-00001-0000-
  • Tax Rate Amount: 4.365
  • Tax Rate Year: 2019
  • Tax Year: 2019

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 4, 2021
Sold by
Mcclearn Cameron C and Mcclearn Robin Cruz
Bought by
Shea Daniel Powell and Shea Kristin Urbaniak
Seller's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
Buyer's Agent
ELIZABETH WINTERBOTTOM
KELLER WILLIAMS REALTY
List Price
$2,175,000
Sold Price
$2,305,000
Premium/Discount to List
$130,000
5.98%
Current Estimated Value
$3,069,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,570
Avg. Annual Appreciation
6.26%
Original Mortgage
$1,687,500
Outstanding Balance
$1,505,835
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,563,735

Purchase Details

Closed on
Jun 28, 2007
Sold by
Ruschmeier Peter and Ruschmeier Autumn
Bought by
Mcclearn Cameron C and Mcclearn Robin Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 2002
Sold by
Panepinto James
Bought by
Ruschmeier Peter and Ruschmeier Autumn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
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
Shea Daniel Powell $2,305,000 Chicago Title Insurance Co
Powell Shea Daniel $2,305,000 Chicago Title
Mcclearn Cameron C $1,805,000 United General Title Ins Co
Ruschmeier Peter $1,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Shea Daniel $1,687,500
Closed Powell Shea Daniel $1,687,500
Previous Owner Mcclearn Cameron C $100,000
Previous Owner Mcclearn Cameron C $400,000
Previous Owner Ruschmeier Peter $860,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $2,305,000 +6.0% $618 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $2,175,000 -- $584 / 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 $35,946 $825,200 $244,200 $581,000
2024 $35,706 $825,200 $244,200 $581,000
2023 $35,706 $825,200 $244,200 $581,000
2022 $35,343 $825,200 $244,200 $581,000
2021 $31,307 $725,200 $244,200 $481,000
2020 $31,619 $725,200 $244,200 $481,000
2019 $31,655 $725,200 $244,200 $481,000
2018 $31,452 $725,200 $244,200 $481,000
2017 $31,655 $725,200 $244,200 $481,000
2016 $31,191 $725,200 $244,200 $481,000
2015 $30,582 $725,200 $244,200 $481,000
2014 $29,791 $725,200 $244,200 $481,000
Source: Public Records

Agents Affiliated with this Home

  • Kim Cannon

    Seller's Agent in 2021

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    100 in this area

    156 Total Sales

    Kim Cannon
    Section Image

  • E

    Buyer's Agent in 2021

    ELIZABETH WINTERBOTTOM

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3670302

Garden State MLS

APN: 18-02611-0000-00001

New Jersey Union County Summit 07901

53 Hobart Ave, Summit, NJ

This home is located at 53 Hobart Ave, Summit, NJ 07901 since 08 October 2020 and is currently estimated at $3,069,570, approximately $823 per square foot. This property was built in 1893. 53 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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