NOT LISTED FOR SALE

55 Hobart Ave Summit, NJ 07901

Estimated Value: $1,521,000 - $2,570,000

Studio
-- Bath
2,962 Sq Ft
$714/Sq Ft Est. Value

About This Home

This home is located at 55 Hobart Ave, Summit, NJ 07901 and is currently estimated at $2,113,969, approximately $713 per square foot. 55 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2011
Sold by
Paolini John F and Lepisto Eva M
Bought by
Keil Adam and Keil Elizabeth
Current Estimated Value
$2,113,969

Purchase Details

Closed on
Jun 10, 2004
Sold by
Gates Patrick
Bought by
Paolini John and Lepisto Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.99%

Purchase Details

Closed on
May 29, 2002
Sold by
Mallow Ronald and Mallow Monique
Bought by
Gates Patrick R and Gates Tymara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Keil Adam $1,591,750 First American Title Ins Co
Paolini John $1,139,500 --
Gates Patrick R $1,075,000 Lawyers Title Insurance Corp
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
Previous Owner Paolini John $650,000
Previous Owner Gates Patrick R $275,000
Previous Owner Gates Patrick R $805,000
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 $22,638 $519,700 $206,800 $312,900
2024 $22,487 $519,700 $206,800 $312,900
2023 $22,487 $519,700 $206,800 $312,900
2022 $22,259 $519,700 $206,800 $312,900
2021 $22,435 $519,700 $206,800 $312,900
2020 $22,659 $519,700 $206,800 $312,900
2019 $22,685 $519,700 $206,800 $312,900
2018 $22,539 $519,700 $206,800 $312,900
2017 $22,685 $519,700 $206,800 $312,900
2016 $22,352 $519,700 $206,800 $312,900
2015 $21,916 $519,700 $206,800 $312,900
2014 $21,349 $519,700 $206,800 $312,900
Source: Public Records

Map

New Jersey Union County Summit 07901

55 Hobart Ave, Summit, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.